Crisis
Unlike the economy of Abu Dhabi, the big brother and richest emirate in the seven-emirate United Arab Emirates (UAE), Dubai’s economy is not directly dependent on oil. Dubai depends heavily on luxury real estate, tourism, logistics, and financial services for revenues. However, Dubai’s economy suffers indirectly when crude oil prices go south. Surprisingly, despite […]
... written on Feb 20 2020Singapore’s economy almost came to a standstill in the second quarter of 2019, thanks largely to the US-China trade war. Its economy grew by merely 0.7% last year, down from 3.1% registered in 2018. In essence, it had been the slowest economic growth since the 2009 (when its economy expanded 0.1%) Great Recession. Still, the country […]
... written on Feb 18 2020As the death toll caused by the infectious Coronavirus continues to rise, the World Health Organization (WHO) has issued a warning that “trolls and conspiracy theories” are jeopardizing the response to the new virus. WHO said misinformation and fake news around the new strain, 2019-nCoV, causes “confusion and spreads fear” to the general public. […]
... written on Feb 12 2020The World Health Organization (WHO) has declared the Coronavirus outbreak a global health emergency after the first person-to-person transmission of the virus was reported in the U.S. The latest designation means that international public-health authorities now consider the virus, which has killed 305 people so far (including the first death in the Philippines), a significant […]
... written on Feb 03 2020Will Anwar Ibrahim sack his party’s former women’s wing leader Zuraida Kamaruddin? The more precise question is this: Will Anwar, supposedly the next prime minister, has the balls to fire a little Napoleon, who not only has gone rogue but also turned traitor against the party? Yes, Anwar’s next action will determine whether he is […]
... written on Jan 31 2020As more than a billion Chinese around the world were about to celebrate the 2020 Chinese Lunar New Year, the world was shocked by a fast-growing epidemic in China. So far, at least 132 people have died and 5,974 people infected from the deadly new virus – Coronavirus – in China alone. The new virus, […]
... written on Jan 30 2020Mahathir Mohamad, the world’s oldest prime minister, has been relatively quiet since the start of the New Year 2020 – for a good reason. The Malaysian prime minister, arguably one of the most outspoken leaders, has offended so many world leaders that he probably had lost count – from Myanmar to the U.S., China, India […]
... written on Jan 14 2020After insisting for days that a Boeing 737-800 – Ukraine International Airlines Flight PS752 – crashed due to engine problems, Iran finally admitted on Saturday (Jan 11) that it was its own military that had accidentally shot down the civilian jetliner. Iranian officials had initially denied claims by the U.S., Britain and Canada that the jet […]
... written on Jan 12 2020Iran had no intention of killing a single American soldier in what appeared to be a staged attack to save face. As a show of force, the drama would involve firing 22 ballistic missiles at two U.S. military bases in Iraq. To ensure absolutely no American would be harmed, the Iranian deliberately tipped off Iraqi […]
... written on Jan 10 2020Iran fired more than a dozen ballistic missiles against U.S. bases in Iraqi early morning Wednesday local time. Some pro-Iranian websites claimed at least 30 missiles had been launched in what appeared to be “fast and furious” revenge over the stunning assassination of Iranian top military commander Qassem Soleimani. But there’s just one problem with the retaliation […]
... written on Jan 08 2020
