SG Talk

If it's World minus America

Why Singapore Govt suddenly withdraw her US commitments ?

"On 14 November 2024: Singapore’s sovereign wealth fund GIC still believes in the long-term potential of the US economy and will continue to invest in it despite intensifying global tensions that make investment decisions more difficult, said Senior Minister Lee Hsien Loong.

SM Lee, who chairs GIC, said the US continues to be the most dynamic and resilient economy, and the destination of choice for talented and enterprising people from all over the globe. Meanwhile, its capital markets remain the most innovative and open in the world.

“And therefore, we fully intend to continue investing in the US and maintaining American assets as a substantial part of our overall portfolio.”

(19-07-2025, 07:39 PM)Scythian Wrote: [ -> ]If it's World minus America.

SM Lee, who chairs GIC, said the US continues to be the most dynamic and resilient economy, and the destination of choice for talented and enterprising people from all over the globe.

Meanwhile, its capital markets remain the most innovative and open in the world.

“And therefore, we fully intend to continue investing in the US and maintaining American assets as a substantial part of our overall portfolio.”

Trump Changes Immigration Law 2025

"President Donald J. Trump has acted quickly on his campaign promise to focus on immigration, including aggressively pursuing removal of noncitizens, pressuring states and localities to cooperate in immigration enforcement, limiting access to humanitarian forms of relief, and closing the southern border, to name just a few actions to date"