Crisis
Moments after Covid-19 coronavirus killed the first American in Washington state, President Donald Trump said on Saturday that there was “no reason to panic”. On Sunday, a second U.S. death was announced. On the same day, New York state confirmed its first case. So far, there are at least 89 confirmed cases, and the nasty […]
... written on Mar 02 2020You know it was “game over” after Attorney General Tommy Thomas suddenly resigned despite his two-year term will only expire in June. Unlike the previous A.G. Apandi Ali, who shamelessly refused to let go of his office chair even after his political master Najib Razak lost in the May 2019 General Election, Thomas quit with […]
... written on Feb 29 2020After Thursday (Feb 27) closing bell, the Dow Jones lost a jaw-dropping 1,190.9 points – the biggest in history. It was also the second day in the same week the index shed more than 1,000 points. On Monday, it had already plunged 1,031 points, before losing 879 points again the next day. Thursday also saw […]
... written on Feb 28 2020Like the Chinese ancient Romance of the Three Kingdoms, Malaysia’s current political crisis has transformed into three major coalitions fighting for the throne. The triangle power struggle consists of Mahathir’s coalition (63 MPs), Anwar’s coalition (92 MPs) and BN-PAS’ coalition (61 MPs). None of them has the magic number of 112 MPs required to form […]
... written on Feb 27 2020On Monday, the Dow plunged 1,031 points. The next day, the stock market continued its losses by closing 879 points lower. In total, the DJIA (Dow Jones Industrial Average) lost nearly 1,900 points as fears over the spread of the Covid-19 coronavirus intensified around the world. Investors scrambled to sell their shares and diverted their money […]
... written on Feb 27 2020During the Sunday dinner at Sheraton Hotel PJ, about 130 Members of Parliaments were seen laughing and hugging each other like long lost brothers and sisters. Everyone was extremely happy, especially UMNO President Ahmad Zahid Hamidi and UMNO treasurer Tengku Adnan Tengku Mansor – two politicians currently facing corruption and money laundering charges. People […]
... written on Feb 26 2020Was Master Strategist & Manipulator Mahathir Really Betrayed By His Own Party & Blue-Eyed Boy Azmin?
When six leaders of Bersatu (PPBM), PKR faction aligned with Azmin Ali and oppositions UMNO, PAS, Sarawak-based GPS and Sabah Warisan were granted an audience with the Agong (King) on Sunday (Feb 23), it immediately sparked speculations of a coup – the forming of a new government comprising existing premier Mahathir and opposition parties. […]
... written on Feb 25 2020Despite furious rumours and speculations that the ruling Pakatan Harapan (PH) coalition government is about to be toppled by none other than Prime Minister Mahathir Mohamad himself, the 94-year-old premier did not show up at the Sheraton Hotel in Petaling Jaya where he was supposed to issue a stunning announcement of the formation of a […]
... written on Feb 24 2020Unlike 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 2020
