Morning Brief

OpenAI's 4-member board's sacking of its CEO Sam Altman and co-founder Greg Brockman, led to Microsoft hiring them both a couple of days later to lead an AI research team. The fallout to what OpenAI did continues as over 700 of its staff threatened to resign if the pair are not reinstated. Dan Ives, Managing Director, Wedbush Securities, talks about the repercussions from these developments.

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Libertarian economist Javier Milei emerged the overwhelming victor in Sunday’s Argentine presidential elections, defeating his Peronist rival and Economy Minister Sergio Massa by 11% of the vote. Milei campaigned for economic shock therapy to reform Argentina’s beleaguered economy - what does this bode for the country’s policy direction? We discuss the election outcome with political scientist Dr. Tracy Fenwick of the Australian National University.

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Putrajaya has renegotiated with selected concessionaires aiming to avoid toll hikes for 19 highways, as part of the government's election pledge. This means the concession period may be extended for at least 30 years longer. Shahrim Tamrin, Senior Journalist with the Vibes, and a former board of directors member at the Malaysian Institute of Road Safety Research (MIROS), joins us to analyse this issue.

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Malaysia’s Q3 GDP expanded by 3.3% year on-year, better than the 2.9% gain in Q2. Lavanya Venkateswaran, Senior ASEAN Economist at OCBC breaks down the factors affecting this performance and what we can expect going forward.

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Amid reports that a deal was imminent for the release of Israeli hostages held by Hamas, US President Joe Biden put forth a US vision for post-war Gaza governed by a revitalised Palestinian Authority. How realistic are these plans? We discuss current developments in the Israel-Hamas war with Middle East expert Dr. James Dorsey.

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Recent clashes in Myanmar between ethnic resistance groups and the military junta in border areas of the country have raised questions about the strength of the current regime. Are we seeing a turning point in the Myanmar crisis? Jason Tower of the United States Institute of Peace weighs in on developments.

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The Madani government targets to table the Malaysian Media Council Bill by March 2024 and engagements involving industry players, civil society organisations and other stakeholders are ongoing. Wathshlah Naidu, Executive Director, Centre for Independent Journalism, one of those involved in this effort talks to us about the latest developments.

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The Investment, Trade & Industry Ministry has implemented a 2-year moratorium to study challenges faced by the local iron and steel industry and update the industry’s direction in line with the New Industrial Master Plan 2030. The temporary suspension will affect all aspects of the iron and steel industry’s manufacturing licence processes, like new applications, licence transfers, expansions and more. Jarrod Lim, CEO of the Malaysia Steel Institute, an agency under MITI breaks down the issue for us.

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The Investment, Trade & Industry Ministry has implemented a 2-year moratorium to study challenges faced by the local iron and steel industry and update the industry’s direction in line with the New Industrial Master Plan 2030. The temporary suspension will affect all aspects of the iron and steel industry’s manufacturing licence processes, like new applications, licence transfers, expansions and more. Jarrod Lim, CEO of the Malaysia Steel Institute, an agency under MITI breaks down the issue for us.

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See omnystudio.com/listener for privacy information.

The Madani government targets to table the Malaysian Media Council Bill by March 2024 and engagements involving industry players, civil society organisations and other stakeholders are ongoing. Wathshlah Naidu, Executive Director, Centre for Independent Journalism, one of those involved in this effort talks to us about the latest developments.

Image credit: Shutterstock.com

See omnystudio.com/listener for privacy information.