Crisis
Oil prices dropped more than 10% on Friday (March 6) when the U.S. WTI (West Texas Intermediate) crude closed at US$41.28 – the lowest since August 2016. More importantly, it was WTI’s biggest one day percentage drop since November 28, 2014. Meanwhile, international benchmark Brent crude lost 9.4% to close at US$45.27 a barrel – […]
... written on Mar 08 2020Xi Jinping rarely mingles with the public. But the Covid-19 coronavirus outbreak forced him to take a walk outside the municipal office in the Anhuali neighbourhood in Beijing last month as part of a publicity stunt to assure people that everything was under control. As he was chatting with ordinary folks, the Chinese president joked […]
... written on Mar 05 2020Moments after Covid-19 coronavirus killed the first American in Washington state, President Donald Trump said on Saturday that there was “no reason to panic”. On Sunday, a second U.S. death was announced. On the same day, New York state confirmed its first case. So far, there are at least 89 confirmed cases, and the nasty […]
... written on Mar 02 2020You know it was “game over” after Attorney General Tommy Thomas suddenly resigned despite his two-year term will only expire in June. Unlike the previous A.G. Apandi Ali, who shamelessly refused to let go of his office chair even after his political master Najib Razak lost in the May 2019 General Election, Thomas quit with […]
... written on Feb 29 2020After Thursday (Feb 27) closing bell, the Dow Jones lost a jaw-dropping 1,190.9 points – the biggest in history. It was also the second day in the same week the index shed more than 1,000 points. On Monday, it had already plunged 1,031 points, before losing 879 points again the next day. Thursday also saw […]
... written on Feb 28 2020Like the Chinese ancient Romance of the Three Kingdoms, Malaysia’s current political crisis has transformed into three major coalitions fighting for the throne. The triangle power struggle consists of Mahathir’s coalition (63 MPs), Anwar’s coalition (92 MPs) and BN-PAS’ coalition (61 MPs). None of them has the magic number of 112 MPs required to form […]
... written on Feb 27 2020On Monday, the Dow plunged 1,031 points. The next day, the stock market continued its losses by closing 879 points lower. In total, the DJIA (Dow Jones Industrial Average) lost nearly 1,900 points as fears over the spread of the Covid-19 coronavirus intensified around the world. Investors scrambled to sell their shares and diverted their money […]
... written on Feb 27 2020During the Sunday dinner at Sheraton Hotel PJ, about 130 Members of Parliaments were seen laughing and hugging each other like long lost brothers and sisters. Everyone was extremely happy, especially UMNO President Ahmad Zahid Hamidi and UMNO treasurer Tengku Adnan Tengku Mansor – two politicians currently facing corruption and money laundering charges. People […]
... written on Feb 26 2020Was Master Strategist & Manipulator Mahathir Really Betrayed By His Own Party & Blue-Eyed Boy Azmin?
When six leaders of Bersatu (PPBM), PKR faction aligned with Azmin Ali and oppositions UMNO, PAS, Sarawak-based GPS and Sabah Warisan were granted an audience with the Agong (King) on Sunday (Feb 23), it immediately sparked speculations of a coup – the forming of a new government comprising existing premier Mahathir and opposition parties. […]
... written on Feb 25 2020Despite furious rumours and speculations that the ruling Pakatan Harapan (PH) coalition government is about to be toppled by none other than Prime Minister Mahathir Mohamad himself, the 94-year-old premier did not show up at the Sheraton Hotel in Petaling Jaya where he was supposed to issue a stunning announcement of the formation of a […]
... written on Feb 24 2020
