Finance and Economy
After the U.S. and Europe imposed sanctions on Russia over Ukraine invasion, it triggered a massive devaluation of the country’s currency – ruble. Russians lined up at ATMs to withdraw their money. The Bank of Russia immediately hiked the interest rates to 20% to slow the withdrawal, as the ruble plunged 30% against the US […]
... written on Nov 30 2022Twitter 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 2022Anwar Ibrahim was extraordinary calm – even joyful – when he told an army of reporters yesterday (Nov 23) that he was going out to watch a movie (“tengok wayang”). Enjoying popcorn himself, he then proceeded to distribute more popcorn to reporters who waited outside his office. The media thought it was a joke, but […]
... written on Nov 24 2022Malaysia is plunged into unchartered water after the 15th General Election. For the first time in history, the country is facing a hung parliament. As expected, opposition Pakatan Harapan has emerged as the single biggest bloc, winning 82 of the total 222 parliamentary seats. Widely believed to be able to grab between 80 and 100 […]
... written on Nov 20 2022When the democratically-elected Pakatan Harapan (PH) government was toppled after just 22 months in power in March 2020, some conservative Malays were extremely excited. They did not think it was wrong that a Malay leader like Mahiaddin Yassin had betrayed friends and allies. The obsession for a “Malay-Muslim” government overwhelmed everything, including Malay’s culture and […]
... written on Nov 18 2022Desktop trading platforms are still popular, and traders are unlikely to abandon them soon. But times are changing, and it is more important than ever for an investor to respond quickly to all opportunities, take advantage of opportunities and chances, and not lose any perspective. That is why it is essential that access to the […]
... written on Nov 10 2022Khairy Jamaluddin has insisted that Ismail Sabri is still UMNO-led Barisan Nasional’s prime ministerial candidate. What do you expect the health minister to say? Do you expect him to honestly spill the beans and reveal that the turtle-egg man was already “game over” the moment the un-elected backdoor prime minister dissolved the Parliament on October […]
... written on Nov 09 2022Business Comes First – Chancellor Scholz’s Visit To Beijing Shows Germany Needs China More Than Ever
German Chancellor Olaf Scholz’s official visit to Beijing on Friday (Nov 4) marked the first time a leader of the Group of Seven (G7) nations rubbed shoulders with Chinese President Xi Jinping after the 20th National Congress of the Communist Party. His arrival was also the first by a leader of the G7 since the start […]
... written on Nov 05 2022History will record how opposition Pakatan Harapan stunningly defeated the ruling Barisan Nasional (BN) government in the 2018 General Election. For the first time in history, the corrupt UMNO-led BN coalition lost power after 61 years of one-party rule. And for the first time in history, a former prime minister – Najib Razak – was […]
... written on Nov 04 2022Next month’s polls will be the second time the general election is being held during the monsoon season. The last time it was held in November was in 1999. At that time, Prime Minister Mahathir Mohamad deliberately called an early election to coincide with the rainy season to discourage Malays, angered by the sacking of […]
... written on Nov 02 2022
