Hello.
Huge news coming out of the United States today. Donald Trump has been indicted by a Manhattan grand jury in connection with a hush money payment to adult film actress Stormy Daniels, becoming the first former US president to face criminal charges. He is expected to surrender early next week.
Trump’s arrest will only polarise US politics even more, says Adrian Ang U-Jin, a Research Fellow and Coordinator of the United States Programme at RSIS. To be charged over campaign finance violations, in a locale deemed a bastion of Democratic liberalism, risks turning Donald Trump into a political martyr.
In Singapore this week, DBS suffered its second digital banking service outage in 16 months. Disruptions to online banking systems are not minor inconveniences; they affect the countless transactions customers and businesses make that keep daily life running.
As Singapore inches closer to a world where digital transactions are de rigueur, the DBS outage serves to remind us of the simplicity and resilience of cash, says Cherie Tseng, Chief Operating Officer of Secur Solutions Group.
We hope you enjoy our selection of commentaries this week.
Alison Jenner
Senior Editor, Commentary