War
At least 290 people were killed and more than 500 injured in one of the bloodiest terror attacks in Sri Lanka. Three churches and three luxury hotels were targeted in Colombo, the capital of the Buddhist-majority country that was at war for decades with ethnic minority Tamil separatists, violence that had largely ended about 10 […]
... written on Apr 22 2019Brent oil prices rose on Thursday, touching US$70 per barrel for the first time in nearly five months. The crude price has seen a slow but consistent rally from its low of about US$50 a barrel in December last year, thanks largely to supply cuts by OPEC and its non-OPEC partner Russia, not to mention […]
... written on Apr 05 2019Federal 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 2019Deputy Inspector-General of Police Noor Rashid Ibrahim claims that a good air transport network in Malaysia has become a factor for terrorists to enter Malaysia and using it as a transit destination. He said – “Airports in our country are open for all flights so it is easy for outsiders to enter here and I […]
... written on Mar 12 2019China 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 2019Russian Ambassador to the United Nations, Vassily Nebenzia, revealed on Tuesday (Feb 26) that the United States is preparing to overthrow the stubborn Venezuelan President Nicolas Maduro – through military intervention. Speaking at the U.N. Security Council meeting, Russia warned that the country’s sovereignty should be respected. On the same day, Nikolai Patrushev, secretary […]
... written on Feb 27 2019Singapore is a trade-dependent country. The Republic’s growth prospects are closely tied to the outlook for the global economy and trade. On Thursday (Jan 17), it announced a disappointing export number – fell by 8.5% instead of economists’ expectation of a 2% rise in December. That number is the worst decline in more than two years […]
... written on Jan 17 2019One of the important goals President Donald Trump decided to launch a trade war with China last year was to narrow the trade deficit gap. He promised during his presidential campaign and after he entered the White House that he would seek to reduce massive U.S. trade deficits with China. However, based on the latest […]
... written on Jan 15 2019Apple – America’s first trillion-dollar company – is now worth only US$720 billion. The technology giant recently revised its first quarter sales forecast downward, blaming the global economic slowdown, Trump’s trade war and a slowdown in the Chinese market. CEO Tim Cook should blame the company itself instead for greedily raising the iPhone prices. […]
... written on Jan 13 2019Dell CEO Michael Dell warned in July last year that the U.S. and China face a “mutual assured destruction” if trade relations collapse, adding that “no one will win” a trade war. But judging by Donald Trump and Xi Jinping’s latest antics, losing face is not an option. In denial, the U.S. president even said […]
... written on Jan 03 2019
