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Profit-Hungry Boeing – Crashed 737 Max Jets Did Not Have 2 Safety Features Because They’re Optional

As pilots of the Indonesian budget carrier Lion Air Flight 610 and the Ethiopian Airlines Flight 302 struggled to gain control of their planes, little did they realise that their newly acquired planes lacked two essential safety features in their cockpits. Boeing apparently sold their best selling model – 737 Max 8 – without those […]

... written on Mar 22 2019

Germany Resists US Pressure – Won’t Ban Huawei From Providing 5G Mobile Technology

As the U.S. desperately tries to isolate and block its allies from using the Chinese 5G technology, Angela Merkel, Chancellor of the Federal Republic of Germany, has dealt a major blow to the Trump administration. She announced on Tuesday that the biggest economy of the European Union will not bend over to the pressure to […]

... written on Mar 20 2019

China Claims Credit For Grounding 737 Max-8, But It’s A Long Way Before They Can Challenge Boeing

After the defiant U.S. FAA (Federal Aviation Administration) finally suspended indefinitely Boeing 737 Max-8, despite an earlier declaration that there was “no basis to order grounding”, the U.S. Department of Transportation has opened an investigation into the Federal Aviation Administration’s approval of 737 Max planes. Were there irregularities, or even corruption involved in the approval […]

... written on Mar 18 2019

Monthly Forex Overview; Brexit , Trade War Between USA And China

We’re approaching end of the month of March and a lot of events with great impact on the market will take place. Brexit deadline, US debt ceiling, trade war with China will be on the spotlight in the next few weeks. Until then, today we want to show a technical analysis of the most popular […]

... written on Mar 16 2019

FAA Protecting Boeing? – Despite Assurance, Airlines Around The World Suspend Boeing MAX-8 Jets

Federal Aviation Administration (FAA), the agency that oversees American airspace, is notorious for ensuring the safety of civil aircraft in operation. Aeroplanes seeking an airworthiness certificate must meet stringent standards. In early 2013, the United States FAA grounded Boeing’s 787 Dreamliner, after two lithium ion-battery related fires in the aircraft.   The FAA has grounded […]

... written on Mar 14 2019

3 Bailouts Involving RM30 Billion – Here’s Why Malaysia Airlines Should Be Shut Down Or Sold Off

Businessman Tajuddin Ramli bought a controlling stake in MAS (Malaysian Airline System) at RM8 a share in 1994. The company was loaded with RM600 million cash when he took over. By the time the crony of UMNO left the company in 2001, Malaysian Airlines has accumulated losses to the tune of RM9.4 billion. The government […]

... written on Mar 13 2019

Boeing In Trouble – Stock Sinks In Worst Fall Since 2001 After Best Selling 737 MAX-8 Jet Crash

So far, China and Indonesia, not to mention Ethiopia, have grounded their Boeing 737 MAX-8 jets after an Ethiopian Airlines flight crashed minutes after take-off from Addis Ababa on Sunday, killing all 157 people on board. Ethiopian Airlines has four other 737 MAX-8 jet. The victims came from 35 nations, including 22 United Nations’ staff. […]

... written on Mar 11 2019

US-China Trade Deal – After Hanoi Summit’s Failure, Trump Could Walk Away From The Deal

China announced on 5th March that its economic growth has been lowered to between 6% and 6.5% for the year 2019. Last year’s growth was 6.5%. So, if the country’s GDP this year hits the lower bracket of 6%, it would be the slowest pace of economic growth in almost three decades. The situation has […]

... written on Mar 06 2019

Here Are The World’s Top-25 Most Powerful Countries For The Year 2019

The United States, as expected, has retained its spot as the most powerful country in the world in 2019. Considered to be the most powerful country, the U.S. has the world’s largest economy and biggest military budget, splashing over US$610 billion on military hardware and personnel in 2017. The country is also the leader in the so-called […]

... written on Mar 04 2019

Huawei Strikes Back – U.S. Fears Of Being Left Behind, Fails To Hack Into Huawei To Spy

Huawei, after being attacked by the U.S. for so long, has decided to strike back. The ongoing campaign by the Trump administration to shut the Chinese giant out of global 5G markets on national security grounds has affected its business. Taking advantage of the estimated 100,000 visitors, Huawei brought its war to the phone industry’s […]

... written on Feb 28 2019









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