Crisis
Malaysian Ringgit has just hit another new high – RM4.2570 to one US dollar. Forget about what the specialists and experts say about the local currency. Didn’t someone tell you less than a month ago that ringgit is to trade between RM3.80 to RM4.10? Well, screw them because they know nuts about the actual financial […]
... written on Aug 24 2015Dow plunges 530.94 points on Friday. With more than 1,000-point drop this week, this was the largest weekly drop since Oct 10, 2008 for Dow. Crude oil prices briefly dropped below US$40 a barrel on Friday, the lowest seen since the financial crisis. The effect of devaluation of the Chinese Yuan has finally reached the […]
... written on Aug 23 2015Going by everything that we know so far about the Bangkok deadly bombing, Thai junta Chief Prayuth Chan-ocha seems to be as clueless as everyone on the street about what has hit the city. The Chinese embassy in Bangkok has slammed the local media for blaming the attack on Thai government’s deportation of 109 Uyghur […]
... written on Aug 20 2015China is home to about 20 million Muslims, with the Uyghur being the second biggest group constituting roughly 41% or 8.4 million. The Uyghur are a Turkic ethnic group live primarily in the Xinjiang Uyghur Autonomous Region in China. Last month, Thailand forcibly deported 109 Uyghur back to China. Thailand sends 109 immigrants back […]
... written on Aug 19 2015First, the RM2.62 billion (US$696 Million) exposed in the private account of Malaysian Prime Minister Najib Razak was claimed to be a “donation”, courtesy of some rich Arabians. Then they changed the story that the free money was given by Saudi to Najib personally for “fighting ISIS”, never mind ISIS haven’t even proclaimed itself to […]
... written on Aug 19 2015Flashback: From a record low of RM2.10 to US$1 in October 1978, the Malaysian Ringgit hit its all time high of RM4.73 to US$1 in January 1998. Prior to the infamous Asian Financial Crisis, the ringgit was trading at about RM2.40 to a US dollar in 1997. Nobody could have predicted the type of economic […]
... written on Aug 17 20151MDB scandal is a blessing in disguise. Malaysians and the international community have learned more in the last 5-weeks than 50-years this country was under UMNO’s rule. People around the world were simply amazed and flabbergasted over how great a liar Prime Minister Najib Razak has demonstrated so far, not to mention the doses of […]
... written on Aug 16 2015A total of 5,270 Yazidis women and girls were abducted last year, and at least 3,144 are still being held. Amazingly, the Islamic State has developed a detailed bureaucracy of sex slavery, including sales contracts endorsed by ISIS-run Islamic courts. It has become a very effective tool to lure men from Muslim societies around the […]
... written on Aug 15 2015By now, you should know why we had screamed “The Chinese Are Coming!!” about three weeks ago. That’s because the China’s economy is crashing, for real. Xi Jinping administration has been fire fighting ever since the terrifying 30% crash within 3-weeks in the country’s stock market. It certainly doesn’t help if the allegations about internal […]
... written on Aug 12 2015Did you make any pocket money since our last bitching article? No, not the one about stocks related to Najib’s cronies. The one about all hell breaks loose when the local currency “Ringgit” breaches the psychology RM3.80 to a US dollar. Was it a coincidence that ringgit spiked into toilet bowl on Aug 4, the […]
... written on Aug 07 2015
