Archive for December, 2023
Entering 2024, Russia’s position in the global oil markets remains largely unchanged despite Western financial and economic sanctions. Even the price cap of US$60 a barrel on Russian oil – desperately introduced by U.S. Treasury Secretary Janet Yellen – has little effect on the Kremlin. That’s because oil demand did not change. The only changes are […]
... written on Dec 30 2023Probably taking a page from China’s playbook in its blockade of Taiwan hours after U.S. House Speaker Nancy Pelosi’s foolish visit to Taiwan last August, some 35 NGOs, 15 student movements and political parties in Malaysia were planning to teach the U.S. and Israel a lesson. The brilliant plan was a six day “blockade” of the U.S. Embassy […]
... written on Dec 28 2023As recently as May 2023, the Western news media were still laughing at the idea of de-dollarization. They said China’s Yuan faced great obstacles to becoming a global reserve currency. They ridiculed the Chinese currency because nobody wants to buy Chinese bonds. They mocked that foreign investors have been dumping Chinese bonds since Russia invaded […]
... written on Dec 24 2023Still trying very hard to convince Malay-Muslim voters that he is the biggest Palestinian champion (or the loudest Jewish critic), Malaysia Prime Minister Anwar Ibrahim has slapped a sanction on all Israeli owned and flagged ships from docking at the country’s sea terminals. In addition, any vessels headed to Israel will also be banned from […]
... written on Dec 21 2023The Red Sea, also known as the Erythraean Sea, is the northernmost tropical sea in the world. Believed to be formed 30 million years ago, during which Africa separated from Asia, the Red Sea is an astonishing 2,200 km long. However, it’s only 330 km at its widest point. Reaching a maximum depth of 2,200 […]
... written on Dec 20 2023After we published an article on the naughty intention of DAP supremo Lim Kit Siang in floating the idea of a non-Malay prime minister, Bersatu or Malaysian United Indigenous Party Youth chief Wan Ahmad Fayhsal Wan Ahmad Kamal comically walked right into the trap, as did earlier Malaysian Islamic Party (PAS – Parti Islam Se-Malaysia) secretary-general Takiyuddin Hassan. […]
... written on Dec 16 2023The Christmas rally came early for the Wall Street after Dow Jones reached a record high above 37,000 on Wednesday after the FOMC (Federal Open Market Committee) indicated it may cut rates three times next year. The unanimous decision means the interest rate or the benchmark overnight borrowing rate will remain in the range between […]
... written on Dec 14 2023DAP veteran Lim Kit Siang said non-Malay could become a prime minister, but it can’t and wouldn’t happen in the present circumstances, where the Malays and the non-Malay are ethnically divided along racial, religious, cultural, and even educational lines. This did not happen overnight, but largely due to “divide-and-conquer” policy of former Prime Minister Mahathir […]
... written on Dec 12 2023More than 10 million people have applied for the eMadani program – RM100 free money. The one-off e-wallet credit had attracted so many applicants that when the redemption process began on December 4, the system immediately crashed due to high traffic. For example, Petronas Setel and Maybank MAE, which were chosen for the e-wallet initiative […]
... written on Dec 10 2023For over a year since Anwar Ibrahim became the 10th Prime Minister of Malaysia, he has practically done everything to swing Malay-Muslim votes, 85% of whom did not vote for him in the November 2022 General Election. Yet, if the just concluded by-election for the Kemaman parliamentary seat is any indicator, the premier has failed spectacularly. […]
... written on Dec 06 2023
