Currencies
Sweden, also known as the Kingdom of Sweden, is the third largest country in the European Union. But the country which borders Norway and Finland has a total population of merely 9.7 million. People may not know or heard of Sweden, but they definitely know IKEA, the world’s largest furniture retailer founded in Sweden back […]
... written on Oct 13 2014Here’s Proof US Govt’s Burning Money – Record High Revenues $2.66 Trillion, But Deficit $589 Billion
Here are the good news and the bad news released by the United States Treasury. Congratulations to President Barack Obama – his administration has just delivered a new record in collection. Inflation-adjusted federal tax revenues hit a record US$2,663,426,000,000 for the first 11 months of the fiscal year this August. If you don’t know how […]
... written on Sep 14 2014Are you jobless now and deperately need one to bring food to the table? Look no further but the “Land of Kangaroos” – Australia. It’s a paradise with tons of jobs, if the country’s latest employment statistics is any indicator. When economists and analysts were estimating between 15,000 to 20,000 increase of jobs in August, […]
... written on Sep 11 2014After more than 300-year the Kingdom of Scotland could emerge as an independent sovereign state again. Scotland which shares a border with England to the south, joined the Kingdom of England on May 1, 1707. Together with Ireland they created the mighty United Kingdom. But unlike England, Wales and Northern Ireland, Scotland has its own […]
... written on Sep 08 2014The cost of living is a complicated subject. Unless you’re in a country such as UK where you can basically have free house, food, education and even luxury holidays under “benefits” without working for a day, you need to worry about the cost of living from the moment you leave school. You may not realize it […]
... written on Aug 20 2014Legendary hedge fund manager George Soros has been buying and selling like crazy as of July 2014. George Soros, through his privately held investment management firm – Soros Fund Management – was buying TEVA, EQT, YPF, EGN, CZR while at the same time selling Google, Boeing, Microsoft and Harman International Industries. Besides Warren Buffett, the […]
... written on Aug 17 2014U.S. fast-food workers went on strike on Thursday, targeting fast-food restaurant operators such as McDonald’s, Wendy’s, KFC and Burger King. They are seeking wages of US$15 an hour and the right to unionize without retaliation. At present, some are earning US$8.60 an hour while others are getting US$10 an hour. On the other hand fast-food […]
... written on May 17 2014Have you notice food prices have already been increased since early of the year? If your normal basic “Wantan Mee” was RM5.00 last year, it’s RM5.50 now – that’s 10% increase. A plate of “Mee Goreng” at Mamak stall is now RM4.00 when it was RM3.50 three months ago. Of course if you stay in […]
... written on Feb 21 2014Charles Ponzi was a genius, without realizing it himself. Born in Italy, he became famous in the early 1920s. He promised clients a 50% profit within 45 days, or 100% profit within 90 days, by buying discounted postal reply coupons in other countries and redeeming them at face value in the United States as a […]
... written on Oct 11 2012Last month, Apple Inc.’s market capitalization zoomed above the $500 billion mark. The company’s stock reached the 52-week high at $548.21 a share, just two bucks shy of $550 a share and this is the immediate resistance level. With yesterday’s closing of $533.16 a share, this monster has market capitalization of $497.10 billion. Now everybody […]
... written on Mar 06 2012
