Finance and Economy
He is the first Portuguese footballer to win three FIFA / Ballons d’Or, and the first player to win four European Golden Shoe awards. In September 2015, he scored his 500th senior career goal for club and country. He has a US$50+ million a year salary (with bonuses) through 2018 and the world’s most popular athlete, with 108 million […]
... written on Dec 18 2015Finally, Federal Reserve Chair Janet Yellen found her spine when she raises rates for the first time since 2006. For as long as one can remember, she has been accused of delaying interest rate hikes – deliberately – to protect big boss President Obama so that businesses could be stretched for survival and unemployment kept […]
... written on Dec 17 2015Next year will be a tough year. Control Risks, the global business risk consultancy, said the year 2016 will be a challenging year for businesses. Published on Monday, its RiskMap highlights the problems – Terrorism, Middle Eastern Instability, Cyber-Risk, Chinese Economy in Transition and European Financial and Political Uncertainties. As Russia flexes its military muscles […]
... written on Dec 15 2015On 3rd Dec, 2014, gasoline was selling as low as US$1.98 in the United States. An Oncue Express station in Oklahoma City was selling the gasoline for US$1.99 a gallon, the first one to drop below US$2 in the U.S. since July 30, 2010. That was roughly about £1.27 or RM6.86 a gallon (3.785 litres). In terms of […]
... written on Dec 13 2015Five months ago, China did the unthinkable – “Yuan Devaluation“. President Xi Jinping was facing multiple problems back then. The Chinese stock market crashed 30% within 3-weeks. His enemy, former leader Jiang Zemin, was plotting against him by systematically selling shares in an attempt to further depress the stock market. China’s economy was virtually going […]
... written on Dec 10 2015Crude oil futures tumbled to their lowest in nearly 7 years on Monday after OPEC failed to address a growing supply glut. Brent and U.S. crude futures fell as much as 6% in reaction to the Organization of the Petroleum Exporting Countries’ (OPEC) policy meeting on Friday which ended without an agreement to lower production. […]
... written on Dec 08 2015United States and Turkey’s secret business partner – ISIS – is a very rich terror institution. The Islamic State was generating about US$50 million every month through selling crude oil from oil fields the extremist group controls in Iraq and Syria. ISIS controls more than 60% of Syria’s oil production capacity and about 10% of […]
... written on Dec 01 2015Brussels remains on lock-down for a fourth day as police hunt for a prime suspect behind the Paris terror attacks. Plus, the U.S. has issued a global travel alert, citing increased terrorist attacks. Caught on camera by an undercover Muslim reporter, a secret British cell of Islamist women is brainwashing young female Muslims in the […]
... written on Nov 24 2015He is easily the greatest and bestest daddy on planet Earth, and who wouldn’t want such a nice father after spending such huge money on diamonds for his daughter? Property tycoon Joseph Lau Luen Hung (Chinese: 劉鑾雄) raised US$77 million eyebrows when he bought two expensive rocks at Christie’s and Sotheby’s auctions. First, he spent […]
... written on Nov 13 2015At least one person disagrees that China’s economy is going south, if it’s true that the superpower is indeed having financial problem in the first place. If China’s “Singles Day” sale is any indicator, Jack Ma would be laughing at the slight idea that his country is in trouble. His e-commerce Alibaba has broken its […]
... written on Nov 12 2015
