Commodities
Malaysia is the first stop in a rare month-long tour of Asia by Saudi King Salman. The visit includes Indonesia, Brunei, Japan, China, Maldives and Jordan. The visit by King Salman is particularly important to Malaysian Prime Minister Najib Razak who is preparing to call for a snap national general election, rumoured to be this […]
... written on Feb 28 2017With hours away before the inauguration to install the 45th President of the United States, the entire Asia-Pacific is almost on standstill. As thousands of anti-Trump protesters hitting the street, hoping that their action could miraculously stop the ceremony, CNN was criticized for suggesting Donald Trump and his vice president could be stopped if they’re […]
... written on Jan 20 2017There are 2 important commodities that exist, in huge quantity, in the Middle East – oil and war. Oil provides free flow of money to the Gulf nations. Throw in the bonus of two Holy Mosques, suddenly Saudi Arabia becomes the “Big Brother of the Arab World”. Ironically, the existence of oil and the two […]
... written on Dec 19 2016Top oil producers Saudi Arabia and Russia made a joint statement at the G20 summit in China on Monday aimed at stabilizing crude prices. The joint statement was signed by Russian Energy Minister Alexander Novak and Saudi Energy Minister Khalid al-Falih. That alone should convince you to invest in oil immediately. Have you done that? […]
... written on Sep 06 2016Every 4 years, there are new athletes to watch and new record ready to be broken. The Olympics is the most prestigious sports event where athletes compete for the gold medal. The gold, silver and bronze winners would stand on the platform, receive their medals, and solemnly listen to the gold medal winner’s national anthem. […]
... written on Aug 10 2016Roughly 35,000 crossed the border on Saturday. Another 88,000 did the same on Sunday. Some had travelled in chartered buses from cities 10 hours away. Their mission: to buy food. What they have back home in their apartment is a fridge covered with souvenir magnets from vacations abroad, but no food. So when the […]
... written on Jul 19 2016The “Leave” campaign won an unexpectedly decisive majority in Thursday’s referendum on Britain’s EU membership. Almost immediately, “voices” within other EU members such as Netherlands, France, Austria, Finland and Hungary have hinted they could follow Britain by leaving the club. Less than 3 months ago, 61.6% of Dutch voters rejected an EU free trade deal […]
... written on Jun 26 2016Famed for making a cool billion US dollar by “breaking” the Bank of England in 1992, semi-retired George Soros had warned that we’re about to see something that hasn’t happened in “80 years”. He spoke about the financial apocalypse during the World Economic Forum in Davos, Switzerland in January this year. Soros made the […]
... written on Jun 10 2016Russians might love their President Vladimir Putin, who enjoyed consistently high rankings. Last year in June, Putin’s approval rate was at record-high of 89%, despite economic challenge due to tumbling currency ruble and oil price. But it’s a different story altogether with the Russian prime minister, who assumed office since 2012. When Russian Prime Minister […]
... written on Jun 09 2016Crude oil prices – both WTI and Brent – have breached US$50 a barrel, and that is good news to oil producers. West Texas Intermediate (WTI) crude futures for July were trading above US$51 per barrel for the first time since July 2015. So, what’s the big deal? Because a technical analysis shows the bull is […]
... written on Jun 09 2016
