EVEN as early as December last year, the USA hasn't been pleased with the transfer of drone know how from Malaysia to West Asia. READ : US imposes fresh sanctions on Iran-related drone production network; include entities based in Malaysia, Indonesia.
AS most of us already know, READ : The US Treasury Department's top sanctions official will travel to Malaysia, next week to discuss an uptick in money moving to Iran and its proxies, including Hamas, through the Malaysian financial system.
THE Treasury Department's top sanction official, will definitely be discussing IRANIAN oil, which, I gather centre' on READ :how on earth is China able to buy twice as much as Malaysia actually produces.
EVEN a sniff of a possible sanction will cause mayhem on the Ringgit, with foreign funds pulling out of the equity and government bond market.
OF course, some people say, that China can definitely fill any gap left by the USA. This is of course true, but let's not forget it is not the USA, which is claiming Malaysian territory and often violating over sovereignity.
THAT , blackspot honour belongs to China. Being very friendly with China without the USA near our doorsteps is akin to allowing the wolf to guard the sheep.
