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Crisis

Zero New Orders For 737 MAX – Airbus To Overtake Boeing As World’s Biggest Plane Maker

American plane manufacturer Boeing has every reason to be worried even after 4 months its best-seller 737 MAX aeroplanes has been grounded. It seems the safety scandal isn’t going to be solved as quickly as Boeing and its stakeholders had expected – suggesting that the problems plaguing the aircraft’s flight-control systems are not as simple as […]

... written on Jul 10 2019

Trump Blinks? – The U.S. Slaps New Economic Sanctions After Calling Off A Military Strike On Iran

US President Donald Trump signed an executive order on Monday that slaps Iran with new economic sanctions. Among those targeted is Iranian Supreme Leader Ayatollah Ali Khamenei. The latest move came on top of actions already taken by the administration in April to cut off all revenues from Iranian oil exports, the lifeblood of the nation’s economy.   […]

... written on Jun 25 2019

Here’s How Hong Kong Extradition Law Could Affect Its Reputation As A Global Financial Center

An estimated 1-million people flooded the streets of Hong Kong on Sunday (June 9) in a massive demonstration against what the Hongkies called an “Evil Law”. The controversial extradition law would allow suspects to be sent or extradited from Hong Kong to mainland China for trial. Critics say the new law will undermine the integrity of the city’s […]

... written on Jun 14 2019

China’s Trade Surplus For May Hit $41.65 Billion – Trump Threatens Xi To Meet Him At G20 Summit … Or Else

China just revealed that its overall trade surplus registered US$41.65 billion last month (May 2019) – despite ongoing trade war with the U.S. That’s a mind-boggling number as economists polled by Reuters had expected the country to post an overall trade surplus of only US$20.5 billion. Instead of forecast that both exports and imports would […]

... written on Jun 11 2019

“Best Friend” Russia To Fill China’s Food Gap As Trade War Forces The Boycott Of U.S. Meat & Soybeans

Pork prices in China have been hitting the roof thanks to highly contagious African swine fever. Because there is no vaccine or treatment for this disease, the only option is to exterminate the infected pigs. More than 1-million pigs have been slaughtered so far. Between February and April, prices of pork skyrocketed almost 50% within […]

... written on Jun 08 2019

Oil Prices In Free Fall Despite OPEC Supply Cuts – Here’s Why It Could Get Worse

Oil prices’ free fall has temporarily stopped – after Saudi Arabia hinted that the OPEC cartel would let its production cut stays for a while. Nevertheless, there has been chaos and panic among oil producing countries in recent days. In just 3 days (Thursday to Monday), the crude oil plunged from above US$70 to below […]

... written on Jun 04 2019

How Trade War Creates “Garbage Crisis” – After China, Now Philippines & Malaysia Reject The West’s Trash

When Donald Trump proudly signed an executive memorandum to slap tariffs on up to US$60 billion in Chinese imports in March last year, the U.S. president hadn’t a clue that some dirty business would hit back the Americans. He has been whining and bitching about China’s “unfair” trading practices, intellectual property theft and whatnot.   The U.S. has […]

... written on May 29 2019

From Trade War To Tech War – After 5G Technology, The US Aims To Cripple China’s Artificial Intelligence

The next time you exit from your condominium, take a look at the CCTV surveillance camera installed. Chances are the brand is “Hikvision”, the world’s largest supplier of video surveillance products based in Hangzhou, China. Founded in 2001, the company has its  presence in a staggering 155 countries worldwide.   Hikvision’s net profits in 2018 […]

... written on May 28 2019

Indonesia Riots – 6 Dead, 200 Injured, Anti-Chinese Fake News Spread As Sore Loser Prabowo Rejects Defeat

Former general Prabowo Subianto lost to Joko Widodo in the 2014 Indonesian presidential election, capturing only 46.85% popular vote. President “Jokowi” Joko Widodo won more than 8 million votes. This year, Mr. Prabowo again tried his luck. The voter turnout – 81.93% – the highest in Indonesian presidential electoral history, saw Jokowi slaughtered Prabowo again […]

... written on May 23 2019

Watch Out Trump!! – China May Weaponize “Rare Earth” To Retaliate Against U.S.’ Ban On Huawei

In what appears to be a hit below the belt and a coordinate attacks against China in the second phase of a trade war between the Middle Kingdom and the U.S., Trump has banned Huawei. The U.S. president’s executive order effectively prohibits U.S. companies from selling semiconductors to (or buying technological equipment from) the China’s […]

... written on May 21 2019









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