When Biden took office, the U.S. inflation was only 1.4% while the gasoline price was US$2.39 per gallon. Today, inflation is at 6.4% and the gas is US$3.47. And that was after pumping trillions of dollars into the financial system to make sure the system did not crash. After bailing out Silicon Valley Bank, the […]
... written on Mar 15 2023A new war has erupted on social media thanks to Twitter’s new owner, Elon Musk. Pledging to fight for transparency at the microblogging site, the billionaire raised eyebrows last month when he wrote – “Twitter is both a social media company and a crime scene“. The big boss of Tesla and SpaceX subsequently showed a […]
... written on Jan 19 2023Twitter has a new boss – world’s richest man Elon Musk. With a net worth of US$191.2 billion on Forbes’ Real-Time Billionaire List, the social media platform becomes his latest toy after splashing US$44 billion. His obsession with Twitter has triggered speculations about his motives. Many thought he wants to advance a hard-right political agenda. […]
... written on Nov 27 2022With less than 24 hours before the polling day on Saturday (Nov 19), signs are showing that opposition Pakatan Harapan (PH) could spring a surprise victory in the 15th General Election. Based on the size of its mega “ceramah (campaign speech) programme” compared to opponents Barisan Nasional (BN) and Perikatan Nasional (PN), the Opposition definitely […]
... written on Nov 18 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 2022Federal Reserve Chairman Jerome Powell, speaking during a news conference on May 4 to raise interest rate by 50 basis points, has signalled that the Fed could continue to approve increases of half a percentage point. Investors, however, spooked by earlier speculations that the rate could be up to 75 basis points, did not pay […]
... written on May 10 2022Is the tearful episode involving single mother Loh Siew Hong, whose three children were converted to Islam without her knowledge, over? It appears not, judging by the MAIPS’ (Perlis Islamic Religious and Malay Customs Council) latest intervention to ensure the underage kids remain converted, despite recent court’s decision to award Loh the full custody of […]
... written on Mar 10 2022Mark Zuckerberg thought a rebranding of Facebook to Meta last year as part of its business strategy to becoming a virtual-reality based company, instead of a company tainted with multiple data privacy scandals, could revitalize the social media company. Instead, the company lost a mind-boggling US$251.3 billion in market value in just one day on […]
... written on Feb 04 2022Do you know that the UAE (United Arab Emirates) is the third-richest country in the world, behind Qatar and Luxembourg? Contrary to popular belief that Saudi Arabia was the richest Gulf state in the Middle East, it’s actually Qatar and the UAE that is wealthier. While Saudi has tonnes of oil, Qatar is the world’s […]
... written on Nov 18 2021A Desperate Move To Rebrand Facebook – Here’s The Toxic Reason Zuckerberg Changed Its Name To “Meta”
Facebook is now known as Meta in a rebranding exercise to reflect its expansion into the metaverse, something that exists only in science-fiction books or movies like “The Matrix”. Effectively, Facebook Inc. – the parent company of WhatsApp, Instagram, Messenger and Oculus – is called Meta Platforms Inc. The company is moving towards augmented reality […]
... written on Nov 01 2021
