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Good money management can provide a secure future and a comfortable lifestyle. Certainly, saving is always desirable, because it's a sure way to a carefree golden age. But just putting money aside won't bring you wealth or the certainty your savings will still have value in the future. Inflation can
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America is very good at getting involved in wars, but is horrible at getting out of them. The military superpower has never failed leaving behind a trail of destruction in every country it involved in wars - Vietnam, Iraq, Libya, Syria, Laos, Cambodia, Korea, Kosovo, Bosnia, Afghanistan and the list
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Saudi Arabia’s Crown Prince Mohammed bin Salman, popularly known as MBS, lost all his Western friends with a snap of a finger following the brutal assassination of Jamal Khashoggi at a Saudi consulate in Istanbul in October 2018. The CIA concluded that MBS had given the order for the killing, wher
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When Kim Jong-Un threatened to unleash nuclear missiles at the United States, the West laughed. But when Vladimir Putin did the same, the West took the threat seriously. The reason North Korea will never nuke South Korea or Japan, let alone the U.S. - unless America makes the first move to destroy N
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From "no limits" partnership announced by China and Russia in February 2022 to the latest pledge to drive something that hasn't been seen by the civilization in 100 years, the West is very concerned. Thanks to the United States' strategic errors - and arrogance - Beijing and Moscow are now closer th
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When Mahathir Mohamad was asked in 2003 by Asiaweek how he would like his legacy to be remembered, he said - "Oh, I really don't care. In 40 years, I'm not going to be around and when you're dead, people will say nasty things about you. It doesn't make a difference to me." That was during his first
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When arch-rivals Saudi Arabia and Iran announced they were restoring diplomatic relations, the world was stunned. The split between the two main sects within Islam, Saudi-led Sunni Islam and Iran-led Shia Islam, goes back some 1,400 years in a dispute over who should succeed the Prophet Muhammad as
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Operation Lalang (Operasi Lalang in Malay), which means "Operation Weeding" was a major crackdown launched by the Royal Malaysian Police in 1987 to prevent the repeat of racial riots in the country. It was the biggest operation of its kind under Prime Minister Mahathir Mohamad after racial tensions
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Costing US$32 million a pop, the U.S. Air Force MQ-9 Reaper drone can be armed with a variety of weaponry, including up to eight laser-guided Air-to-Ground Missile-114 Hellfire. Also known as "Predator B", the unmanned aerial vehicle (UAV) can loiter at up to 50,000 feet for more than 27 hours, gath
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When Biden took office, the U.S. inflation was only 1.4% while the gasoline price was US$2.39 per gallon. Today, inflation is at 6.4% and the gas is US$3.47. And that was after pumping trillions of dollars into the financial system to make sure the system did not crash. After bailing out Silicon Val
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March 13th, 2023 by financetwitter
Silicon Valley Bank (SVB) said on Wednesday (March 8) that it would like to raise some funds - US$2.2 billion to be precise. Investors as well as venture capitalists were surprised that the bank - 16th biggest in the United States, with US$209 billion in assets - suddenly needed so much money. Withi [...]
March 11th, 2023 by financetwitter
Anwar Ibrahim's pledge to crack down on corruption has sent shivers down the spine of many corrupt politicians, including three former Prime Ministers - Mahathir Mohamad, Muhyiddin Yassin and Ismail Sabri. But they are not the only sharks identified. Powerful politicians like Daim Zainuddin and supe [...]
March 9th, 2023 by financetwitter
No amount of praying can help Muhyiddin Yassin if indeed he had received bribes or abused his power to help families or cronies enriched themselves. Praying to the God cannot erase money trails that would implicate him of corruption and money laundering, even though it is a good tactic to trick his [...]
March 8th, 2023 by financetwitter
In January, China warned U.S. House Speaker Kevin McCarthy not to visit Taiwan, lecturing the California Republican that the United States should respect the one-Chine principle. While Beijing did not say what China would do in response to any such trip, you don't need Einstein to tell that Beijing [...]
March 7th, 2023 by financetwitter
The system of fractional ownership offers individuals a cheaper way of acquiring a percentage of a condominium, resort, yacht, and other assets that are too expensive for a single person to buy. This applies fairly well with second properties or high-end luxury real estate and you can read about how [...]
March 6th, 2023 by financetwitter
After royal decrees from the Sultanate of Selangor, Perak and Johor banning politicians from using mosques to deliver religious lectures or "ceramahs" - which are actually political propaganda - Sultan Mizan Zainal Abidin becomes the latest monarch to do so. The order was issued in a statement on Ma [...]
March 5th, 2023 by financetwitter
Former U.S. President Barack Obama once said of Joe Biden - "Don't underestimate Joe's ability to fuck things up." Indeed, president Biden has screwed up so spectacularly that he's sleepwalking off a 100-metre cliff, without any clue whatsoever that he is leading the world to the first Nuclear War - [...]
March 3rd, 2023 by financetwitter
For the sixth consecutive year, Japan topped the list of the most powerful passports in the world in 2023. But it's wrong to think the Japanese passport, which allows its holders to visit 193 of 227 destinations visa-free, is the best boutique. Travellers and entrepreneurs trying to find a "one-stop [...]
March 1st, 2023 by financetwitter
He could say and do anything he likes, including insulting and belittling all the nine Malay Rulers. And he certainly could instigate social unrest with seditious statements to the point of starting bloody racial riots. Abdul Hadi Awang realizes he is untouchable because all the sultans - even the r [...]
February 27th, 2023 by financetwitter
China has so far refused to be dragged into the Ukraine War. However, the economic powerhouse has been accused by the West of supporting the Russian simply because Beijing repeatedly declines to condemn Moscow's invasion of Ukraine. The U.S. and Western logic is that "you are either with us - or aga [...]
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