Crisis
Russian economy is in a mess without a nuclear bomb being unleashed, thanks to plunging oil prices. Sony and Hollywood are in a mess without a North Korean missile being fired, thanks to cyber terrorism. Thank God we do not need to use conventional weapon of mass destruction to achieve our missions. Technology and internet […]
... written on Dec 18 2014One day after the Russian central bank dramatically raised its key interest rate to 17% from 10.5%, Apple today halted online sales of its products in the country due to “extreme” Ruble fluctuations. The latest stunt by Putin administration didn’t work. In fact, the whopping 650-points increase in interest rate only worsen the situation. The Ruble simply […]
... written on Dec 17 2014Russia is in deep trouble. Vladimir Putin administration is in deep shit. And the country is in panic mode, judging by a surprise announcement just before 1:00 a.m. in Moscow. The Russian central bank unexpectedly raises its key interest rate to 17% from 10.5%, effective today. The move was the largest single increase since 1998, when Russian rates […]
... written on Dec 16 2014Six months ago in June, Crude Oil WTI was traded at above US$105 a barrel. In case you’re wondering, WTI (West Texas Intermediate), is the benchmark for Texas light sweet oil. About 6-months later today, the same crude oil is trading at US$57.50 (as of time this article is being drafted), losing more than 45% […]
... written on Dec 15 2014Everyone was hoping for it to happen, but certain governments were praying it won’t materialise. We’re talking about global crude oil prices. The subject on petrol or gasoline is definitely going to dominate the news until it stabilises. It could make or break a country’s economy, especially when the country depends very much on petroleum […]
... written on Dec 05 2014Some important commodities are being whacked as we enter the month of December. Swiss voters overwhelmingly rejected proposals to boost gold reserves in a referendum, resulting in the glittering metal tumbled more than 2% at one point to US$1,142.90 per ounce. Copper also fell to as low as $6,230.75, breaching below its March low to hit its […]
... written on Dec 01 2014Thanks to United States, the global political and potentially military landscape would change. U.S. outsourcing (to China) business model has made China an economic powerhouse, which could outgrow U.S. itself, given a couple more years. And thanks to lame duck President Barack Obama, who has yet to grow his spine, Russia under Vladimir Putin’s rule […]
... written on Nov 15 2014Politics is a bitch and it doesn’t discriminate democracy or communism. And if politics can happens in office or among siblings, its tentacles can spread as far as you can imagine. In politics, nothing happens by accident thus as expected, the recent Hong Kong pro-democracy fiasco has invited quite a number of theories, or rather […]
... written on Oct 31 2014The Government of Hungary was trying to do something unthinkable to its netizens. And it could be the first implementation in the world and the World Wide Web. But it was so outrages that almost every government doesn’t agree with it. As a result, tens of thousands of Hungarians (Reuters put the figures at 100,000) […]
... written on Oct 29 2014It seems UMNO Youth chief Khairy Jamaluddin is alone for insisting racist and extremist Ibrahim Ali’s call over bible-burning threat is seditious. Khairy is the “Lone Ranger” from Najib administration who believes Ibrahim Ali should be punished for his threat. Ibrahim Ali, who is also Perkasa president, is now officially one of the most powerful […]
... written on Oct 29 2014
