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Gina Raimondo was the fourth high-level U.S. official to visit China this summer, suggesting that Washington is placing great importance in the country. But she is the first U.S. Commerce Secretary to travel to the country in five years. Hilariously, like her colleagues, Raimondo tried to lecture Beijing about national security, labour, business, economy and […]
... written on Sep 06 2023When 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 2023After royal decrees from the Sultanate of Selangor, Perak and Johor banning politicians from using mosques to deliver religious lectures or “ceramahs” – which are actually political propaganda – Sultan Mizan Zainal Abidin becomes the latest monarch to do so. The order was issued in a statement on March 3 by MAIDAM (Terengganu’s Islamic Religious […]
... written on Mar 06 2023For the sixth consecutive year, Japan topped the list of the most powerful passports in the world in 2023. But it’s wrong to think the Japanese passport, which allows its holders to visit 193 of 227 destinations visa-free, is the best boutique. Travellers and entrepreneurs trying to find a “one-stop shop” to become a global […]
... written on Mar 03 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 2022When Donald Trump first started a trade war, followed by a tech war to bring China down to its knees, the writing was on the wall that the great United States was extremely worried about the rise of the Chinese. Trump had used allegations of Chinese state-sponsored “intellectual property (IP) theft” as justification to trigger a […]
... written on Jul 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 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