Archive for July, 2022
Russia-Ukraine conflict has indeed wrecked havoc around the world. After Australian Prime Minister Scott Morrison and British Prime Minister Boris Johnson lost their jobs, partly due to the Ukraine war, Italian Prime Minister Mario Draghi became the third casualty who resigned on Thursday (July 14) due to a disagreement over how to respond to the […]
... written on Jul 16 2022Ringgit does not seem to be in a good position. The Malaysia currency is trading at more than 4.43 to a dollar – the lowest for the year, having plunged from 4.16 in January 1. Technically, its resistance is 4.50 – less than RM0.07 away. The last time the currency was trading at this low […]
... written on Jul 13 2022Zelensky has just sacked Ukraine’s ambassador to Germany, India, Norway, Hungary and Czech Republic. The stunning mass firing has raised eyebrows because one of the envoys – Andriy Melnyk – had served in Germany for 7 years. No explanation was offered for the dismissal, but Zelensky has urged his diplomats to drum up international support […]
... written on Jul 11 2022For better or worse, the collapse of democratically elected Pakatan Harapan government after just 22 months came at a time when Malaysia was about to enter a series of political, economic, financial and social uncertainty. Muhyiddin Yassin was on cloud nine when he succeeded in stealing the government through a political coup in the infamous […]
... written on Jul 10 2022Shinzo Abe, Japan’s longest-serving prime minister (Sept 2006 – Sept 2007 and Dec 2012 – Sept 2020), was pronounced dead on Friday (July 8) after five and a half hours after he was assassinated while campaigning for political candidate Kei Sato in the southern city of Nara for a parliamentary election – about 300 miles […]
... written on Jul 08 2022Since taking over in August last year as Malaysia prime minister, Ismail Sabri Yaakob had made overseas trips a whopping 11 times. That’s about one trip every month since the unelected backdoor premier replaced former PM Muhyiddin Yassin, who was forced to resign after just 17 months in the corridors of power – toppled by […]
... written on Jul 06 2022Global multi-asset broker HFM has announced that it has expanded its wide-ranging product offering to include physical stocks. This new addition offers the company’s clients the opportunity to invest in more than 2,000 physical stocks with zero commission and own high-value stocks. With this new trading option, HFM clients will be able to also […]
... written on Jul 06 2022When the U.S. sneezes, the world catches a cold. However, with China’s economic rise, the world could also catch a cold when China sneezes. The world quickly learns the impact of China shutdown due to the Covid-19 pandemic. Negative global spillover from falling industrial and manufacturing activity in China could trigger retrenchment, inflation or even recession. Since […]
... written on Jul 04 2022Unelected backdoor Prime Minister Ismail Sabri could easily keep his job after the next 15th General Election – by playing dumb and delay the election till Najib Razak is sent to jail and Zahid Hamidi is convicted. His biggest and immediate threat – Najib and Zahid – must be neutralized if the turtle-egg man does […]
... written on Jul 01 2022