Archive for May, 2025
Former Goldman Sach banker Tim Leissner has been sentenced to two years in prison by a judge in a New York court on Thursday (May 29) for his role in the infamous Malaysia’s sovereign fund 1MDB scandal. He became a U.S. government witness in the case after his arrest in 2018, and was allowed to […]
... written on May 30 2025When BYD sneezes, the entire car industry catches a cold. Already the world’s largest Electric Vehicle (EV) maker, the Chinese “Build Your Dream” dropped a bombshell this week when it announced a sweeping price cut of up to 34%. The move sent shock waves not only in China, but also the world. Stock prices of […]
... written on May 29 2025As PKR (People’s Justice Party) scrambles to meet and find a new role for Rafizi Ramli, the respected strategist who had just lost his deputy presidency due to nepotism and cronyism in the just concluded party election, Prime Minister Anwar Ibrahim was caught with his pants down when asked by reporters about Rafizi’s resignation as […]
... written on May 28 2025With nearly a trillion dollars worth of trade last year, U.S. companies exported more than twice to the EU what they sent to China. In 2024, the U.S. imported about US$606 billion in goods from the European Union and exported around US$370 billion. In comparison, U.S. goods imports from China totaled US$438.9 billion, while exports to […]
... written on May 26 2025Rafizi Ramli was throwing everything, including the kitchen sink, to express his frustration – even anger – which he had been keeping for the last 30 months. Since becoming the Economy Minister after the Nov 2022 General Election, he has not been able to freely criticize the government because his own boss, Anwar Ibrahim, is […]
... written on May 23 2025When Standard & Poor’s (S&P) lowered America’s AAA credit rating on August 5, 2011 after the 2011 debt ceiling crisis, very few thought it would take another 10 years before Fitch became the second major rating agency to do the same in August 2023 – downgraded United States of America’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to […]
... written on May 20 2025Who will succeed Anwar Ibrahim as PKR – People’s Justice Party – next president? Two names immediately pop up – the party’s deputy president Rafizi Ramli and Anwar’s eldest daughter, Nurul Izzah. Unfortunately, former PKR deputy president Azmin Ali had become a traitor else he would make a formidable challenger and potentially Malaysia’s youngest prime […]
... written on May 18 2025On May 7, 2025, India launched “Operation Sindoor” in retaliation for a terrorist attack in Indian-administered Kashmir on April 22 that killed 26 people, mostly tourists. Sindoor – vermilion red powder – is a traditional marker applied on the foreheads of married Hindu women. The code-name was a deliberate invocation of not only grief but also memory […]
... written on May 16 2025After just two days of talks (it was not even a negotiation), an agreement – despite a 90-day validity – has been reached between the United States and China in Switzerland. The best part is President Donald Trump is still waiting for a call from President Xi Jinping. That alone speaks volumes who actually has […]
... written on May 13 2025Rafizi vs. Nurul – How The Battle For PKR Deputy President Exposes Nepotism, Hypocrisy And Bad Blood
Whether you like it or not, Parti Keadilan Rakyat (People’s Justice Party) has become quite unrecognizable since its president, Anwar Ibrahim, becomes the 10th Prime Minister post-November 2022 General Election. PKR’s favourite slogan – “Reformasi” – has slowly become a joke and an embarrassment for obvious reasons – there are zero reforms under Anwar leadership. […]
... written on May 11 2025
