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U.S. Stock Market Hits New Record Highs – But Farm Bankruptcies Jump To Highest Since 2011

Investors, speculators and punters were cheering as the U.S. stocks hit fresh record highs on Friday on hopes for a US-China trade deal despite mixed economic data. The Dow Jones Industrial Average (DJIA) holds above 28,000 points on Monday, after the index hit the level for the first time after posting a fourth straight week of […]

... written on Nov 19 2019

Saudi Arabia Is Running Out Of Money, Badly Needs Aramco IPO – But The Company Has Extraordinary Risks

Aramco is the world’s largest oil company. It is also currently the most profitable company in the world, and based on the 2019 listing by Fortune, the company’s profitability is almost double that of Apple. As a private organization that produces about 10% of the world’s crude oil, Aramco’s revenue for the financial year 2018 was […]

... written on Nov 15 2019

Unstoppable!! – Huawei Expects Smartphone To Grow 20% In 2020 Even With Trump Blacklisting In Place

Huawei founder and CEO Ren Zhengfei once predicted the Chinese tech giant would be hit so badly by the U.S. ban that it could earn US$30 billion less revenue for the year. That amount was later reduced to US$10 billion. On Tuesday (Nov 5), some five months after Mr. Ren first made the shocking prediction, […]

... written on Nov 06 2019

Mahathir Frustrated The World’s Largest Trade Deal RCEP Fails Again – Here’s Why India Spoils The Party

Malaysian Prime Minister Mahathir Mohamad has expressed his disappointment over the failure of Regional Comprehensive Economic Partnership (RCEP). Despite 7 years of negotiations since it was first formally launched in November 2012 at the ASEAN Summit in Cambodia, the proposed free trade agreement has failed to reach consensus – again.   “We are very disappointed. […]

... written on Nov 04 2019

The U.S. Debt Breaches $23 Trillion For The First Time In History – More Than 7 Times Of China’s Foreign Reserves

Admiral Michael Mullen, former chairman of the Joint Chiefs of Staff, once said – “The most significant threat to our national security is our debt. He commented that back in 2010, when the federal debt totalled US$13 trillion. Nine years later today, Donald Trump has taken over from Barack Obama. But the debt continues its […]

... written on Nov 02 2019

A Panicked Mahathir Now Fears Trade Sanctions After India Plans To Boycott Malaysian Products

For months, Mahathir Mohamad had been enjoying himself – bashing and condemning everyone and every country he didn’t like, as if the world revolves around him. He has slammed the U.S., Hong Kong, India, Israel, Singapore and even Myanmar. In the process, he has insulted the Hindus, Chinese, Jews, Americans and practically everyone who was […]

... written on Oct 22 2019

Trade War – Malaysia’s Plan To Buy Sugar & Buffalo From India May Be Too Little, Too Late

As expected, India has retaliated. Indian refiners have stopped buying Malaysian palm oil for shipments in November and December. They don’t have to wait for any official statement from their government that New Delhi would raise import taxes or use other measures to limit – even boycott entirely – imports of palm oil from Malaysia. […]

... written on Oct 16 2019

Mahathir’s Toxic Mouth Invites Retaliation – India May Limit Imports Of Malaysian Palm Oil & Other Products

Mahathir, the world’s oldest prime minister, appears to have lost his magic touch in running the country, which is burdened with record RM1 trillion debts inherited from the previous corrupt government. Initially praised – even worshipped – for stunningly defeated protégé-turn-nemesis Najib Razak, Mahathir administration has increasingly attracted criticisms.   Whether Mr. Mahathir realized it […]

... written on Oct 12 2019

China Warned “Stay Tuned” Retaliation – Here’s Why Trump Blacklists 28 Chinese Organizations

Stock market plunged more than 300 points after it shows that the existing US-China trade war has become worse. In the run-up to high-level trade talks in Washington this week, relations have deteriorated between the world’s two-largest economies. Unlike in the past, it appears both Beijing and Washington were serious about going for each other’s throats. […]

... written on Oct 09 2019

The Return Of GST – The Country’s Debt Is So Massive That Not Even Mahathir Knows How To Fix It

If Mahathir unilaterally brings back the GST (Goods and Services Tax), it will be the clearest confirmation that the new government of Pakatan Harapan (PH) under his leadership is the world’s greatest “U-Turn Government”. And they will suffer the same defeat – guaranteed – in the next general election the same way the old government […]

... written on Oct 04 2019









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