Crisis
When the U.S. sneezes, the world catches a cold. However, with China’s economic rise, the world could also catch a cold when China sneezes. The world quickly learns the impact of China shutdown due to the Covid-19 pandemic. Negative global spillover from falling industrial and manufacturing activity in China could trigger retrenchment, inflation or even recession. Since […]
... written on Jul 04 2022Unelected backdoor Prime Minister Ismail Sabri could easily keep his job after the next 15th General Election – by playing dumb and delay the election till Najib Razak is sent to jail and Zahid Hamidi is convicted. His biggest and immediate threat – Najib and Zahid – must be neutralized if the turtle-egg man does […]
... written on Jul 01 2022Since Russia launched its so-called “special military operation” to de-Nazify Ukraine on February 24, nobody pays any attention to Kaliningrad, a small piece of land sandwiched between Lithuania and Poland. It was only after Lithuania decided last week (June 18) to ban the transit of goods through its territory to Kaliningrad that the world attention […]
... written on Jun 26 2022After some uncertainties and U-turns, the White House has confirmed President Joe Biden’s first trip to the Middle East, including a stop in Saudi Arabia. The trip, scheduled from July 13 to 16, will see the U.S. Commander-in-Chief meets Saudi Crown Prince Mohammed bin Salman, the same man the U.S. intelligence said is linked to […]
... written on Jun 19 2022From the beginning, the United States have been using Ukraine as its proxy to fight Russia. Unlike its previous war against Iraq, Libya, Syria and Afghanistan, the U.S. dares not go to war with Russia this time. Biden administration could only provide weapons, leaving the Ukrainians fight the war themselves. Sending Americans to Ukraine to […]
... written on Jun 15 2022By now, it’s crystal clear that the Federal Reserve isn’t always right. The Fed, the most powerful economic institution in the United States or even the world, has two jobs – keep inflation under control and maximize employment. To do that, its core responsibilities include setting interest rates, managing the money supply, and regulating financial […]
... written on Jun 13 2022In retaliation against Sultan Sharafuddin Idris Shah of Selangor over the issue of Bon Odori, both the PAS Ulama Council and its women’s wing issued statements on Thursday (June 9) to urge Muslims not to participate in the Japanese festival. The order from the PAS Islamist political party “clashes” with a royal decree from the Selangor Palace […]
... written on Jun 11 2022George Soros, arguably the most outspoken liberal billionaire financier, went berserk at the world’s financial elite gathering in Davos, Switzerland. Speaking at the World Economic Forum this week, the man who broke the Bank of England in 1992 has raised concerns over not only economic meltdown, but also has warned the possibility of an end […]
... written on May 28 2022Have you noticed the size of fried chicken at Kentucky Fried Chicken is smaller than usual? That’s because the chicken shortage has forced the poor birds to be slaughtered earlier in order to meet the local demand. Yes, Malaysia is currently facing the food crisis, and chicken is the latest candidate of food shortage that […]
... written on May 25 2022Dow Jones dropped 1,164.52 points on Wednesday (May 18) – the biggest drop since June 2020. In fact, at 31,490.07, the DJIA saw the lowest close since March 2021. Likewise, the S&P 500 plunged to its lowest drop since June 2020. The fact that this is the fifth Dow decline of more than 800 points […]
... written on May 19 2022
