Finance and Economy
First, they thought Donald Trump couldn’t possibly win the presidency. When Donald finally wins beyond polls’ expectation, they thought Trump’s tough rhetoric wouldn’t last. Now, the Mexicans are dead worried about Trump. Mexico government is panicking as Ford Motor Co. cancels its plan to build a US$1.6 billion auto manufacturing plant in San Luis Potosi. […]
... written on Jan 05 2017Ringgit has been staying around 4.48 to a US dollar for quite some time. Today, it finally breaches 4.49 and was trading as low as 4.4965 to a dollar. What does this tell you? It means the 4.50 resistance level is cracking and once this level is broken, the 4.50 will become the new support […]
... written on Jan 03 2017Malaysia is perhaps the only Muslim-country in the world that has a great blueprint to “halalize” everything, except its currency note. A Saudi wannabe, the country had declared Jihad (holy war) on Cadbury over pork-laced chocolate, which turned out to be a false allegation. It had launched the first halal airline – Rayani Air – […]
... written on Jan 03 2017The year 2016 is coming to its end, and clearly it hasn’t been a boring year. As the year of the Monkey, 2016 has brought many mischievous stories – from mass robbery, molest, rape and sexual assault in Cologne, to cheap crude oil, to global terrorist attacks, to 1MDB Ponzi Scheme, to unexpected British’s Brexit […]
... written on Dec 29 2016Barack Obama’s presidential campaign slogans included “Hope” (2008) and “Forward” (2012). Moving forward, it appears the outgoing 44th President of the United States has achieved his goal before leaving the White House on Jan 20, 2017 – kind of. He has added US$8 trillion (£6.5 trillion; RM35.9 trillion) to the U.S. national debt in just […]
... written on Dec 28 2016Before incoming Donald Trump could be sworn in as the 45th President of the United States, he has already launched two major wars on American defence contractors. His first war was on Boeing, when he tweeted – “Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of […]
... written on Dec 24 2016Depending on the angle at which you view the people that soon-to-be President Donald Trump is hiring, the U.S. could be looking at a pool of crooks working for the 45th U.S. president. We’re talking about Goldman Sachs and of course, we’re linking them to the 1MDB scandal – the biggest “Ponzi Scheme” ever committed […]
... written on Dec 23 2016British Empire, at its height, was the largest empire in history. By 1913 the British Empire controlled over 412 million people, 23% of the world population at the time. By 1920 it covered 35,500,000 km2 (13,700,000 sq mi), 24% of the Earth’s total land area. That’s bigger than Mongol Empire who conquered only 16% of the world’s land area. India, […]
... written on Dec 22 2016At least 12 people are dead and at least 48 more injured after a truck crashed into a crowd at a Berlin Christmas market. It was exactly like the terror attack in Nice, France about 5 months ago on 14 July 2016 when a 19-tonne cargo truck was deliberately driven into crowds celebrating Bastille Day. In […]
... written on Dec 20 2016Indonesia is the place you want to go if you wish to become an instant millionaire, or even billionaire for that matter. For as little as US$75 (£60; S$110; RM335) at foreign exchange counter, one can become a millionaire. Indonesian Rupiah high denominations have long been a source of attraction or amusement to foreigners – […]
... written on Dec 19 2016
