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Malaysia’s Anwar Ibrahim was sworn in as prime minister on Thursday, capping a three-decade political journey from a protege of veteran leader Mahathir Mohamad to protest leader, a prisoner convicted of sodomy, and opposition leader.
His appointment ends five days of unprecedented post-election crisis, but could usher in a new instability with his rival, former prime minister Muhyiddin Yassin, challenging him to prove his majority in parliament.
Both men failed to win a majority in a Saturday election, but the constitutional monarch, King Al-Sultan Abdullah, appointed Anwar after speaking to several lawmakers.
Anwar takes over at a challenging time: the economy is slowing and the country is divided after a tight election that pitted Anwar’s progressive coalition against Muhyiddin’s mostly conservative ethnic-Malay, Muslim alliance.
Markets surged upon the end of the political deadlock. The ringgit…
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