Crisis
The passing of North Korea leader Kim Jong Il sent global stock markets tumbling for obvious reason – untested young son Kim Jong Un taking over from a country with a nuclear program and 1.2-million strong military, not to mention its history invasion into South Korea. While United States, South Korea and Japan are watching […]
... written on Dec 24 2011When Pharaoh Hosni Mubarak was overthrown from his kingdom after 30-years of iron-fist rule, his fortune was estimated at somewhere between US$40 billion and US$70 billion. In terms of earnings (corruption) per year, that was more than US$1 billion to US$2 billion, perhaps the most profitable job on earth. In comparison, Forbes 2011 official richest […]
... written on Oct 24 2011Colonel Gaddafi (Qaddafi) didn’t die peacefully, as with other dictators. The once poweful and billionaire dictator is now dead but unlike Hitler who put a bullet into his head, Gaddafi begged for his life after being dragged from a drain. Apparently, Gaddafi tried to flee in a convoy from Surt, his hometown, but was hit […]
... written on Oct 22 2011In a couple of days, United State’s focus will be shifted to the 10-year anniversary of 911 (Sept-11) attacks on the World Trade Center and Pentagon. This could be the sweetest anniversary or remembrance since the attacks because the master-mind, Osama bin Laden, is dead. At the same time, the federal government is escalating security […]
... written on Sep 08 2011Great minds think alike, but fools seldom differ and those with great minds normally think out of the box. Former premier Mahathir always thinks he has the greatest mind or intelligence amongst all the prime ministers of Malaysia. Heck, he even thought he was smarter than any prime minister or president within the Southeast Asian […]
... written on Sep 02 2011Now that the London riots are over, news making headline seems to be the so-called harsh punishments on those caught in the riots. Scotland Yard has now charged a total of 1,005 suspects after 1,733 arrests so far. But based on the amazing punishments there were debates if the courts were being consistent? Judges and […]
... written on Aug 19 2011Almost exactly a year before the city plays host to the Olympic Games, the riot and violence has raised concerns for the city’s security. The violence spread outside London, with serious eruptions of violence in Birmingham and Liverpool, but the scale of events in the British capital was unprecedented, and utterly overwhelmed the city’s 32,000 […]
... written on Aug 10 2011The U.S. stock market joined a sell-off around the world today (Monday) in the first trading since Standard & Poor’s downgraded American debt by one notch – from AAA, the highest rating, to AA+. The Dow Jones industrial average fell more than 250 points minutes after the opening bell on Wall Street. As expected the […]
... written on Aug 09 2011When the Dow tumbled more than 500 points yesterday, the worry and concern that the largest economy powerhouse may collapse reappears. Frankly, it isn’t that difficult to imagine that the U.S. dollar may collapse due to the huge debts and deficits. Historically there are many examples on how hyperinflation drove a country to total disarray. […]
... written on Aug 06 2011Chaos ruled the trading floor when investors sold their stocks in a big wave triggering what appears to be the worst stock-market selloff since the middle of financial crisis in early 2009. Both Dow Jones and S&P-500 dropped more than 4% while the Nasdaq lost 5% on fear that the still-trying-to-recover United States may hit […]
... written on Aug 05 2011
