Government
Is Russian economic meltdown merely a domestic problem? Does it affect other countries as well? Obviously it does, judging by data from Dubai, a popular tourist destination for Russians. According to Dubai Airports, passenger traffic related to Russia plunged 18.2% from a year earlier in November. Cargo volume through Dubai International also dropped 8% from a year earlier in the same […]
... written on Dec 31 2014Just when 30 million Malaysians were enjoying the Christmas and the coming New Year long holidays, disasters strike again. When you thought both MH370 and MH17 incidents were the worse that could happen in a year, it gets worst. With only days before we step into the new year, two more disasters happen. First, the […]
... written on Dec 29 2014Hawaii’s US$38 million macadamia nut industry demand is suddenly skyrocketing from South Korea, thanks to a spoilt princess of Korean Air boss Cho Yang-Ho, the patriarch of business conglomerate Hanjin Group. Macadamia nut sales had increased 20-times from one week to the next earlier this month, after Heather Cho Hyun-ah threw tantrums about how she […]
... written on Dec 24 2014As we have promised, there would be more bitching and grumbling about global oil prices ever since Russia got itself deeper and deeper into an economic meltdown. Christmas will not be pretty and fun in Kremlin this year. Under Vladimir Putin’s instruction, Russian central bank has been propping up local currency Ruble in order to […]
... written on Dec 23 2014In the Hollywood film “World War Z”, only two countries have been able to successfully stopped zombies infection. One is Israel, where an intercepted email mentioning zombies had tipped the country, hence built a gigantic wall in Jerusalem to protect the uninfected from the zombies. That was done a full week before the pandemic hit […]
... written on Dec 22 2014Most of youngsters nowadays do not really fancy history as much as their parents did. And it’s not hard to imagine why. It’s a materialistic world now. Instead of worrying about putting food on the table, they worry about getting latest gadgets – smartphone, tablet, credit card, car, chicks and whatnot. Since technology and internet […]
... written on Dec 19 2014Russian economy is in a mess without a nuclear bomb being unleashed, thanks to plunging oil prices. Sony and Hollywood are in a mess without a North Korean missile being fired, thanks to cyber terrorism. Thank God we do not need to use conventional weapon of mass destruction to achieve our missions. Technology and internet […]
... written on Dec 18 2014One day after the Russian central bank dramatically raised its key interest rate to 17% from 10.5%, Apple today halted online sales of its products in the country due to “extreme” Ruble fluctuations. The latest stunt by Putin administration didn’t work. In fact, the whopping 650-points increase in interest rate only worsen the situation. The Ruble simply […]
... written on Dec 17 2014Russia is in deep trouble. Vladimir Putin administration is in deep shit. And the country is in panic mode, judging by a surprise announcement just before 1:00 a.m. in Moscow. The Russian central bank unexpectedly raises its key interest rate to 17% from 10.5%, effective today. The move was the largest single increase since 1998, when Russian rates […]
... written on Dec 16 2014Six months ago in June, Crude Oil WTI was traded at above US$105 a barrel. In case you’re wondering, WTI (West Texas Intermediate), is the benchmark for Texas light sweet oil. About 6-months later today, the same crude oil is trading at US$57.50 (as of time this article is being drafted), losing more than 45% […]
... written on Dec 15 2014
