Tourism
China, despite a trade war with the economic superpower United States and a pandemic war with Covid-19, has been expected to register a positive economic growth in 2020. Every single analyst, economist, think tank or financial institution knew that despite being the first country hit by Coronavirus, the Chinese economy would grow by at least […]
... written on Jan 28 2021Italy is an excellent destination for migrants. According to the World Population Review 2020 Italy provides the second best healthcare in the world. The country’s public healthcare system is efficient and affordable. Here is a quick look at various aspects including accessibility, costs, and quality. Public healthcare The Italian health service is governed by […]
... written on Jan 27 2021Less than a week into the New Year, Malaysia recorded another new record 2,593 Covid-19 cases on Wednesday (Jan 6). On the same day, the backdoor government of Muhyiddin Yassin also reported 4 new fatalities, bringing the national death toll to 513. Total cases reached a whopping 125,438 cases, where 24,347 are categorised as active […]
... written on Jan 07 2021After almost 10 years and 3 administrations, the controversial HSR (high speed rail) project linking Kuala Lumpur (KL), the capital of Malaysia, and Singapore is officially cancelled. Both countries had on January 1, 2021 announced that the KL-Singapore HSR project was terminated after Malaysian Prime Minister Muhyiddin Yassin chose to let the agreement lapse on Dec […]
... written on Jan 03 2021Australia was hoping that by signing the China-backed Regional Comprehensive Economic Partnership (RCEP) deal on Sunday, it will automatically fix, or at least improve the country’s strained relations with China. If only it was so easy. It would take more than an insignificant deal like RCEP, of which the direct economic benefits are limited, to […]
... written on Nov 19 2020Australia’s economy, already plunged into recession in September – its first recession in 30 years since 1991 – continues to register bad news. And it has nothing to do with Covid-19 pandemic. Rather, it’s a self-inflicted economic backlash after Canberra deliberately campaigned for an international inquiry into the origins of the Coronavirus in April which […]
... written on Nov 04 2020Crude oil prices dropped below zero for the first time in history on April 20, 2020. Many were scratching their head in disbelief as the U.S. oil prices turned negative. Others were amused as they watched the deepest fall in demand for the “black gold” in 25 years. It’s not everyday you get to watch crude […]
... written on Nov 02 2020Two people were killed and five others injured in a stabbing attack on Saturday night in Quebec City, Canada. Police spokesperson Étienne Doyon said the 5 injured victims were transported to local hospitals with different levels of injury. However, Doyon refused to reveal the motive of the attacks, whether the attacks were random or identify the […]
... written on Nov 01 2020The IMF has painted a gloomier picture for Asia. On Wednesday (Oct 21), the International Monetary Fund revealed Asia’s economic contraction this year will be worse than previously thought. In its latest Regional Economic Outlook report for Asia and Pacific, the IMF predicts the region’s economy to shrink by 2.2%, worse than an earlier 1.6% contraction […]
... written on Oct 22 2020Australia’s economy officially plunged into recession in September after it registered two consecutive quarters of negative growth. Its GDP (gross domestic product) shrank 7% in the April-to-June quarter compared to the previous three months. Not only this is Australia’s first recession in nearly 30 years (since 1991), but also the deepest since the Great Depression […]
... written on Oct 17 2020
