Countries
First, the good news – China didn’t use the word “devaluation” like it did back in August 2015. The bad news – China secretly devalues its Yuan / Renminbi and as a result everything you could think of – stock markets, currency exchange and even oil prices – is going haywire. China’s central bank […]
... written on Jan 07 2016North Korea announced on Wednesday that it had successfully tested a “miniaturized” hydrogen bomb, whatever that means. We’ve read and seen miniature donut, furniture or even the Great Wall of China but seldom or never a miniature hydrogen bomb. World leaders have condemned fat boy Kim Jong-un for playing with the delicate toy. But […]
... written on Jan 07 2016President Barack Hussein Obama has one last toy to play before he retires for good – to take away as many guns as possible from fellow Americans. However, it won’t be easy as his unilateral gun control plan clashes with the Second Amendment of the United States Constitution. So what he did to sell his plan? He […]
... written on Jan 06 2016Angela Merkel was named Time magazine’s Person of the Year 2015 for her excellent work in bringing 1-million asylum seekers to the Germany. Coincidently, after she got the title from the magazine, she pledged that she will “markedly reduce” the number of migrants entering Germany this year (2016). She has declared that “we will manage it” […]
... written on Jan 05 2016According to Chinese astrology, 2016 is the Year of the Fire Monkey where the Lunar New Year or Chinese Spring Festival will be celebrated on Feb. 8, 2016. Technically, it is still the Year of the Sheep until Feb. 7, 2016. But it seems the mischievous monkey couldn’t wait and has started playing with fire. If […]
... written on Jan 04 2016For the first time in 40 years, a ship loaded with U.S. crude oil set sail for foreign shores Thursday. The mission: to sell the black gold to an international trading company Vitol Group, a Dutch oil-trading powerhouse. The Bahamian oil tanker – Theo T – departed from the Port of Corpus Christi, about 160 miles […]
... written on Jan 04 2016Dubai, with a population of roughly 2-million, is the largest city of the United Arab Emirates (U.A.E.) and has worked tirelessly to build itself as a major financial hub, investment destination and major tourist magnet. To be precise, it weren’t the people of Dubai but the lowly paid foreign South Asian workers, mostly from India, […]
... written on Jan 02 2016Brent Crude Oil is trading just slightly above US$36 a barrel, forming a resistance-support at US$38-US$36 level. If today is somewhere June-2014, roughly one and a half year ago, and I were to tell you that global oil prices would tumble by 50% to US$60 a barrel; you would probably laugh to your death. Likewise, […]
... written on Jan 01 2016ISIS is the most feared terrorist group on planet Earth. Their brutality is beyond modern day comprehension. The best part is they don’t fear the world’s most powerful nation, the United States, nor do they give a damn about firepower from France or United Kingdom. Heck, they’re not even afraid of superpower Russia hence they […]
... written on Dec 30 2015If 2014 was the year of Malaysia Airlines where it lost two Boeing 777s, one disappeared while another shot down; the year 2015 is definitely the year of Prime Minister Najib Razak. The prime minister’s multi-billion dollar scandals easily eclipse any other financial scandals one could imagine in the history of the country, including Mahathir’s. […]
... written on Dec 29 2015