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The war between China and the U.S. consists of 2 battlefronts – the trade war and the tech war. The trade war is Trump’s attempt to put an end to intellectual property (IP) thefts and forced technology transfers, not to mention to eliminate the barriers to American companies competing in China, all of which the […]
... written on Sep 13 2019Forget problem-plagued Boeing 737 MAX. It doesn’t look like the “fastest-selling“ airplane in Boeing history would be able to make it to the sky by the end of the year. Even if the Federal Aviation Administration (FAA), the agency that oversees American airspace, gives the green light for the aircraft to take off, most would still be sceptical […]
... written on Sep 12 2019An Admission Of Guilt – Former Boeing Official Invokes Fifth Amendment Protection In 737 MAX Scandal
While watching TV, you would sometimes hear about a lawyer telling his client to “plead the Fifth”. In a nutshell, it’s the constitutional right of a person to refuse to answer questions or otherwise give testimony against himself. Michael Cohen, President Trump’s former lawyer and “fixer”, famously triggered his Fifth Amendment right against self-incrimination in the stripper […]
... written on Sep 10 2019Donald Trump has finally admitted that his trade war with China is hurting the stock market, so much so that the Dow Jones Industrial Average (DJIA) would be a whopping 10,000 points higher had he not picked a fight with the Chinese. He said – “If I wanted to do nothing with China, my stock […]
... written on Sep 06 2019A campaign to boycott non-Muslim products, believed to have been quietly unleashed by opposition UMNO Malay nationalist and PAS Islamist parties has spread like wildfire, at least on social media. On the surface, it certainly looks like a declaration of war against the minorities in the country, especially ethnic Chinese whose prowess in the business […]
... written on Sep 04 2019By now, the US-China trade war has entered a stage where it’s almost impossible for either one to surrender. The belief is such that the dispute will continue until at least the 2020 U.S. presidential election. Donald Trump is betting that his get-tough-on-China platform will rally American voters and help him get re-elected for the […]
... written on Sep 03 2019Chicago-based United Airlines had planned to resume service with the grounded Boeing 737 MAX in early November, but is now targeting December 19 instead. Grounded by safety regulators since March in the wake of two crashes in Indonesia and Ethiopia that claimed 346 lives, the carrier seriously hopes flights could resume before Christmas. Airlines […]
... written on Aug 31 2019When Boris Johnson became British prime minister on July 24, his biggest problem was obviously the lack of time to negotiate a new deal with the European Union. In comparison, Theresa May had served as the Prime Minister of the United Kingdom from July 2016 to July 2019. She had 3 years, yet failed to […]
... written on Aug 30 2019The duty on crude palm oil was lowered to 40% from 44%, while a tax on the refined variety was cut to 50% from 54% after Indonesia and Malaysia, the top two palm oil producers in the Southeast Asia, sought a reduction in the import tax. Prior to that, India had raised the import tax on crude […]
... written on Aug 28 2019Investors are looking for an endgame to the trade war between the world’s two biggest economies – China and United States. But there has been no endgame since the dispute started since March 2018. Instead, it appears the endgame has just begun. And a global recession – even depression – looks inevitable. On Friday, Dow […]
... written on Aug 25 2019
