Crisis
The global lockdown approach adopted by almost every government in the world might not be the right, or the only solution, based on Coronavirus infection data collected and analysed by Professor Isaac Ben-Israel. After all, South Korea, Taiwan and Sweden didn’t lock down and they did not appear to be doing any worse than Italy […]
... written on Apr 23 2020On Monday, investors, analysts, economists and even ordinary people were flabbergasted when the WTI (West Texas Intermediate) crude dropped to not only below US$10 a barrel, but also below zero to the negative territory. It was so bad that at one point, the price hit “negative US$40.32”, before ending the trading day at “negative US$37.63” […]
... written on Apr 22 2020Prime Minister Muhyiddin Yassin has appointed Tiong King Sing as the Special Envoy to China with ministerial rank. Effectively, the already bloated 70 ministries Cabinet is now consisting of an eye-popping 72 ministers, including the recent promotion of Hadi Awang as Special Envoy to the Middle East (despite Saudi Arabia still considers Mr. Hadi as a […]
... written on Apr 22 2020When the crude oil dropped to below US$30 a barrel, some said it’s impossible for it to reach US$20. But when it finally breached the US$20 level, they said it’s absolutely impossible to go US$10. Guess what, the US$10 a barrel of oil has just been breached. On Sunday, the U.S. benchmark – WTI (West […]
... written on Apr 21 2020Just when you thought some ministers would keep their mouth shut after their recent screw-ups, somehow they still fail to learn their lessons. Perhaps it’s true that while ignorance can be educated and crazy can be medicated; there is absolutely no cure for stupidity. The most embarrassing part is – he is the health minister […]
... written on Apr 20 2020The U.S. recorded its first Coronavirus fatality on February 29. Approximately 38 days later, the death toll breached 10,000. Astonishingly, it took just another 9 days for the 10,000 fatalities to triple to 30,000. And the country has been smashing one record after another to emerge the champion for the wrong reason. That makes President […]
... written on Apr 17 2020The coronavirus pandemic has taken away many things that we took for granted. Too many of us have seen our lifestyle destroyed. Millions have lost their livelihoods. We are living through an unprecedented crisis. Fortunately global communication systems remain functional. It is comforting to know that we have all the information we need to survive […]
... written on Apr 16 2020The last time Malaysia reported 2-digit new Coronavirus cases were on March 14 (35 cases), about a month ago. Since then, the country has been plagued with 3-digit cases – until on Wednesday (April 15) – when new cases suddenly plunged to 85. A day earlier, there were 170 new cases. That means a 50% […]
... written on Apr 16 2020JPMorgan Chase has just revealed its first-quarter profit, and it’s not good. The American bank, ranked by S&P Global as the largest bank in the United States and the sixth largest bank in the world by total assets, only earned 78 cents per share – compared to US$1.84 expected from analysts. Its profit of US$2.87 […]
... written on Apr 15 2020A Merger Of Bersatu & UMNO – Mahathir’s Proxy Muhyiddin Has Started Creating A New Kleptocracy Order
People who think politicians would not or should not play politics during the Coronavirus pandemic are a bunch of fools. They thought corrupt politicians would give a damn about an outbreak. In every crisis, there is an opportunity. It was absolutely hilarious when former premier Mahathir Mohamad said yesterday that there is no need for […]
... written on Apr 14 2020
