The removal of Coca-Cola from thousands of restaurants in Malaysia in protest at US support for Israel will hurt the local economy, the company has said. The drinks company was responding to boycotts of US-made goods called by Muslim groups in Malaysia. Malaysia has called at the United Nations for action to stop the Israeli offensive in Gaza. Former leader Mahathir Mohamad has also called for a global boycott of the US dollar and US products.
The removal of Coca-Cola from thousands of restaurants in Malaysia in protest at US support for Israel will hurt the local economy, the company has said.
The drinks company was responding to boycotts of US-made goods called by Muslim groups in Malaysia.
Malaysia has called at the United Nations for action to stop the Israeli offensive in Gaza.
Former leader Mahathir Mohamad has also called for a global boycott of the US dollar and US products.
Former Malaysian Prime Minister Dr Mahathir had earlier called for a boycott of US currency and goods. "If you stop accepting US currency, the US can't trade and can't make any money, it will become very poor and it will have to stop the production of more and more weapons in order to kill people," he said on Monday. "We should not be buying all these weapons from the US, we can buy from the Russians if we must have aeroplanes and things like that," he added. "People must act... they won't die if they don't drink Coca-Cola," he said.
"If you stop accepting US currency, the US can't trade and can't make any money, it will become very poor and it will have to stop the production of more and more weapons in order to kill people," he said on Monday.
"We should not be buying all these weapons from the US, we can buy from the Russians if we must have aeroplanes and things like that," he added.
"People must act... they won't die if they don't drink Coca-Cola," he said.
Standing, not kneeling: watchacall "de-colonization" of de mind. LOL. It's a crucial foundation of self-determination, but as we shall see, insufficient defense in of itself of life and liberty.
'Developing' World Pragmatism, continued | Press TV | 9 Jan 2009
Press TV: How do you assess the prospects for the global economy in 2009 and how will ASEAN members, of which Malaysia is also one, figure? Mohamad: Well, the global economy is still going to deteriorate further...is going to become bad simply because all the efforts taken by the United States and Europe to stop the slide has failed. Bailing out companies, bailing out banks have not really worked. So the situation will get worse and ASEAN countries will feel the impact because largely ASEAN countries have trade with the rest of the world and their economies are dependant on trade. If the markets are unable to buy what they produce, then, off course, they will not able to export as much as they used to and this will affect the economy. Press TV: Sanction regimes are regarded more and more as the diplomatic tactics from a bygone age. How effective do you consider them to be in the present diplomatic climate and what could replace sanctions? Mohamad: Well, sanction has proven a failure in terms of changing the attitudes of government, but it has, off course, succeeded in doing a lot of damage, in killing a lot of people.
Mohamad: Well, the global economy is still going to deteriorate further...is going to become bad simply because all the efforts taken by the United States and Europe to stop the slide has failed.
Bailing out companies, bailing out banks have not really worked. So the situation will get worse and ASEAN countries will feel the impact because largely ASEAN countries have trade with the rest of the world and their economies are dependant on trade.
If the markets are unable to buy what they produce, then, off course, they will not able to export as much as they used to and this will affect the economy.
Press TV: Sanction regimes are regarded more and more as the diplomatic tactics from a bygone age. How effective do you consider them to be in the present diplomatic climate and what could replace sanctions?
Mohamad: Well, sanction has proven a failure in terms of changing the attitudes of government, but it has, off course, succeeded in doing a lot of damage, in killing a lot of people.
Ironically, news of an organized boycott, action, puts to lie Mr Mohamad's apparently equanimous acceptance of globalized "interdependence." LOL. Diversity is the key to economic and political evolution.