Investing & Trading
U.S. stocks closed lower Wednesday – both Dow and S&P 500 – suffered their biggest one-day percentage drops since September. The Dow fell 138.19 points while the S&P 500 lost 14.25 points. That wasn’t too bad considering both plunges were less than 1%. But the issue here is they crashed primarily due to a sudden […]
... written on Nov 16 2017Majority of Americans don’t like their own president. But the Arabs love the U.S. president. And the Chinese love Donald Trump even more. After his visit to Saudi Arabia, Japan and South Korea, Beijing has found the formula of chemistry to charm President Donald Trump before he steps on his foot in China, the third […]
... written on Nov 10 2017All Arab princes and princesses are either corrupt or involve in some sort of indecent activities or both – the saying goes. They love to fly out of their kingdom to America or Europe so that they could freely indulge in alcohol, drugs and prostitutes. Sex and liquors are their best friends. There was even […]
... written on Nov 06 2017Reform is something very alien to Saudi Arabia. After all, until June 2018, this kingdom is still the only country in the world that does not allow its women to drive. But Crown Prince Mohammed bin Salman, a 32-year-old son of King Salman, has promised that the Kingdom of Saudi Arabia will reform. The young […]
... written on Nov 02 2017OPEC, led by Saudi Arabia, and non-OPEC partners, led by Russia, is playing a simple but risky game. They try to game the world crude oil prices by controlling how many barrels of oil the world can get. They have agreed to take 1.8-million bpd (barrel per day) of oil off the market by cutting […]
... written on Oct 30 2017When President Donald Trump meets President Xi Jinping next month, the world will watch with great interest on what the U.S. leader has to say to the Chinese supreme leader. And the U.S. leader should behave, or at least pretends to behave, because the same person whom Trump met in April at his Mar-a-Lago estate […]
... written on Oct 26 2017Get real, Americans love fast food. Enjoying a McDonald’s hamburger, Kentucky Fried Chicken popcorn nuggets, or Taco Bell burrito seems to be the pleasure of all Americans – rich or poor. In fact, fast food is perhaps the only thing that unites Americans. Even Donald Trump loves fast food and he indirectly promoted McDonald’s during his […]
... written on Oct 22 2017The reputation of Myanmar’s pro-democracy icon – Aung San Suu Kyi – is in tatters for her failure to condemn her country’s so-called “clearing operations” in Rakhine State. Once a darling of the West, her portrait was even removed last month from public display by Oxford University UK, the same college she studied politics, philosophy […]
... written on Oct 19 2017Russia’s Finance Minister Anton Siluanov has revealed that after the global crude oil meltdown, Kremlin is ready for reality. As one of the world’s largest producers of crude oil, Russia was badly hit when the oil prices plunged in 2014. Russian ruble lost more than 120% against the American dollar in July 2014 alone. And […]
... written on Oct 16 2017United States can get most of what it wanted, including intimidating and bullying anyone in the world, partly because of its almighty U.S. dollar. It’s a known fact that the U.S. is broke. America is the world’s biggest debtor nation – owing more than US$20.37 trillion – and climbing. Whenever they run out of money, […]
... written on Oct 12 2017
