A common currency in ASEAN will benefit citizens

A common currency needs robust financial systems and markets, as well as strong institutional support. Not all ASEAN countries have such institutions to deal with the threats to the financial sector, which have increased in recent years. Then there is the lack of control over national monetary and fiscal policies, restricting the governments’ sovereignty and autonomy.

A Year of Confinement

The US, which has the shameful record of incarcerating about 6 million people, including those on probation or parole – 10 million enter the prison system each year – is steadily increasing people who are entombed in the so-called Supermax prisons, where nobody can hear their screams and where they are perennially shut in 60 square-feet high-tech steel-and-concrete dungeons.