Countries
Less than 24 hours after President Donald Trump unveiled a list of Chinese imports that his administration aims to target, China strikes back with its own tariffs on U.S. products. Trump’s US$50 billion tariffs in Chinese imports cover a staggering 1,300 categories of products, arguably the most aggressive trade war against the Chinese. The slap of 25% […]
... written on Apr 05 2018If there’s a competition for cashless society, Sweden will most likely win the Olympic gold medal hands down, follows by Norway and Denmark. The Scandinavia is the most cashless place on planet Earth. Obviously, they don’t believe cash is king. Instead, they believe cash is horrible and should be banned. Yes, they were so proud […]
... written on Apr 04 2018Malaysian Prime Minister Najib Razak commands a legion of close to 3.4-million Facebook “likes” and more than 4-million Twitter “followers”. However, 51% of his Twitter followers are fake. Chances are millions of his Facebook “likes” are fake too. At US$10 for 1,000 likes, it would take only a small fortune to spike Mr. Najib’s “likes.” […]
... written on Apr 02 2018It appears that Vladimir Putin is playing the same game Kim Jong-un had played. That game is lobbing ICBM (intercontinental ballistic missile) as if it was hamburgers, to get the attention of the West, or to send a message. Unlike North Korea, however, there has been almost zero criticism from the world when Putin tested […]
... written on Mar 31 2018After two days of speculations, China finally put to rest rumours on social media about the VVIP from North Korea visiting Beijing. There could only be one guy qualified to travel in a heavily armoured green train – Kim Jong Un. But by the time China announced on Wednesday that Kim had visited Beijing and […]
... written on Mar 28 2018After President Trump proudly signed an executive memorandum to slap tariffs on up to US$60 billion in Chinese imports on Thursday, the Dow Jones dropped 724 points. The U.S. DJIA plunged another 425 points on Friday after China strikes back with its own counter-tariff measures. It appeared the markets were sending a message to Trump. […]
... written on Mar 25 2018President Donald Trump, as anticipated, signed an executive memorandum that would impose tariffs on up to US$60 billion in Chinese imports on Thursday. Unlike the earlier tariffs of 25% on steel imports and 10% on aluminium imports signed earlier this month, the latest tariffs are designed to specifically punish China unfair trade practices with the U.S. […]
... written on Mar 23 2018One of the reasons why North America, particularly United States of America, has reigned supreme for nearly a century as the world’s strongest and biggest economy is because of its consumption-based economy. Although some may argue that production, not consumption, is the true source of wealth, U.S.’ consumption-driven society is one of the main contributors. […]
... written on Mar 22 2018Toys “R” Us is joining other companies such as Compaq, Enron, Kodak, Pan Am, Lehman Brothers, Woolworth and General Foods – iconic brands that have vanished. Although Toys “R” Us has not officially closed down, at least not yet, they’re as good as dead. Founded in 1948 by Charles P. Lazarus, the brand originally was […]
... written on Mar 18 2018In his craze for business deals, President Donald Trump chose Saudi Arabia for his first foreign trip. He was treated like a celebrity and he loved it. He was gifted with a military sales deal of about US$110 billion – effective immediately – plus another US$350 billion over the next 10 years when he visited Saudi Arabia […]
... written on Mar 16 2018
