Archive for January, 2025
Stocks dropped almost 700 points on Friday (Jan 10, 2025) – effectively pushing all major benchmarks into the red for the New Year 2025. The Dow Jones Industrial Average (DJIA) lost 696.75 points or 1.63% to close at 41,938.45, whilst S&P 500 and NASDAQ lost 1.54% and 1.63% respectively. What caused the bloodbath? The short answer – […]
... written on Jan 12 2025From saying he didn’t know Jho Low to insisting no money had lost from 1MDB (1Malaysia Development Bhd) sovereign funds, and from pretending to be shocked over US$681 million found in his personal bank accounts to claiming he had been scammed by partner-in-crime Jho Low, former Prime Minister Najib Razak has never failed to entertain […]
... written on Jan 10 2025Donald Trump has not officially taken office until January 20. Yet, his most trusted lieutenant, Elon Musk, has already started flexing power as if he is the POTUS. And if President-Elect Trump’s policymaking process requires input from the Tesla billionaire, there’s a long list of countries that should be extremely worried over the next four […]
... written on Jan 08 2025Najib Razak has won a battle today (Jan 6) after the Court of Appeal granted him leave to pursue his legal bid for house arrest in a split 2-1 decision by a three-judge panel. The decision was arrived after Najib’s lawyers produced a purported letter from the Pahang Palace confirming the existence of a royal […]
... written on Jan 06 2025UMNO is deeply split into two factions – Zahid Hamidi and Najib Razak. In order for Zahid to continue leading the United Malays National Organization, Najib has to remain in prison. If Najib is allowed to serve his remaining jail sentence under house arrest, UMNO president Zahid will eventually lose his power and influence in […]
... written on Jan 05 2025China, the world’s most populous nation with 1.4 billion people and the planet’s second biggest economy, possessed the world’s largest network of high-speed railways. As of the end of 2020, China had built 146,300-kmof railways, with over 40,000 kilometres of high-speed rail (HSR) – the world’s longest and most extensive, covering 95% of cities with […]
... written on Jan 03 2025As people welcomed the 2025 New Year, a pair of terrorist attacks in the U.S. tourist hubs has shocked the country. In New Orleans, Shamsud-Din Jabbar, a 42-year-old Texas man who served in the U.S. Army for 13 years including a deployment to Afghanistan, rammed a rented Ford pickup into revelers around 3:15 a.m. on Bourbon […]
... written on Jan 02 2025
