Crisis
Last month, the IMF (International Monetary Fund) lowered its global economic growth forecast for this year (2019) from 3.7% to 3.5%. Now, the organisation has a new warning – prepares for an economic storm. Speaking at the World Government Summit in Dubai, the IMF Managing Director Christine Lagarde said – “We see an economy that […]
... written on Feb 11 2019By hook or by crook, Najib Razak had to meet Donald Trump before calling a snap election, which had to happen on or before 24 August, 2018. So, after paying millions of taxpayers’ money to lobbyists, accommodation at Trump International Hotel, flight expenses, food, laundry and whatnot, Najib finally secured an audience with Trump on […]
... written on Jan 30 2019Youth and Sports Minister Syed Saddiq, in his attempt to suck up to his boss – PM Mahathir Mohamad – appear to have made a fool of himself after the International Paralympic Committee (IPC) stripped Malaysia of the right to host the 2019 World Para Swimming Championships, scheduled to be held in Kuching, Sarawak, between July […]
... written on Jan 29 2019Venezuela, a country that has produced truckloads of beauty pageants in the past, is now entering a new crisis. Superpower United States of America had finally made its move to recognise the opposition leader Juan Guaidó as the country’s interim president, a move that could plunge the nation into further chaos – even a civil […]
... written on Jan 25 2019There is one glaring issue since the arrest of China tech giant Huawei’s CFO by the Canadian authorities on Dec 1, 2018 in Vancouver, Canada, apparently at the request of the U.S. for allegedly breaking U.S. imposed sanctions on Iran. From the beginning, the arrest screams “politically motivated” because American CEOs had committed the same […]
... written on Jan 24 2019The clock is ticking and the U.S. has finally informed the Canadian government of its intention to proceed with a formal request to extradite Meng Wanzhou, otherwise known as Sabrina Meng or Cathy Meng. The daughter of Huawei’s founder Ren Zhengfei was arrested on Dec 1, 2018 in Vancouver, Canada, while she was transferring flights […]
... written on Jan 23 2019Robert Lloyd Schellenberg, a Canadian citizen, could stay alive if not for the China-Canada diplomatic hostilities. The 36-year-old former oil worker was detained in Liaoning province in 2014 for trying to smuggle more than 200kg of methamphetamine in China. That’s a huge amount of drugs. Still, he was sentenced to only 15 years in prison and […]
... written on Jan 15 2019One of the important goals President Donald Trump decided to launch a trade war with China last year was to narrow the trade deficit gap. He promised during his presidential campaign and after he entered the White House that he would seek to reduce massive U.S. trade deficits with China. However, based on the latest […]
... written on Jan 15 2019Where is the Yang di-Pertuan Agong, or the King of Malaysia? Nobody seems to know the whereabout of the monarch, not even the prime minister himself. Officially, the Agong had taken a two-month break from November 1, 2018 to December 31, 2018 – apparently due to health reason. Hence, Sultan Nazrin of Perak took over […]
... written on Jan 04 2019Dell CEO Michael Dell warned in July last year that the U.S. and China face a “mutual assured destruction” if trade relations collapse, adding that “no one will win” a trade war. But judging by Donald Trump and Xi Jinping’s latest antics, losing face is not an option. In denial, the U.S. president even said […]
... written on Jan 03 2019
