Crisis
Trump has finally struck Putin where it hurts the most. On Friday (April 6), the powerful U.S. Treasury Department slapped sanctions against Russia. As a result, 7 Russian oligarchs, 12 businesses and 17 government officials were put on the Treasury’s Specially Designated Nationals (SDN) list. Effectively, all their U.S. assets have been frozen. The […]
... written on Apr 11 2018Calling it “unfair retaliation”, President Donald Trump announced he has instructed the United States Trade Representative to consider US$100 billion in additional tariffs against China. Trump’s latest action is in addition to the 25% tariff on 1,333 Chinese products worth US$50 billion. This means the U.S. is targeting a combined US$150 billion tariffs on China products. […]
... written on Apr 07 2018Less 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 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 2018Facebook has been losing billions of dollars in market value since the revelation that private information from 51.3 million Facebook users improperly ended up in the hands of data analytics firm Cambridge Analytica. The UK-based political consultancy firm had successfully acquired the data for data mining, data analysis to strategically target electoral process. The […]
... written on Mar 20 2018Theresa May announced that UK is to boot out 23 Russian diplomats after Russian President Vladimir Putin refused to entertain the British prime minister’s 24-hour ultimatum. The expulsion of 23 Russian spies is the toughest act of its kind in 30 years. Moscow is expected to retaliate by doing the same, throwing British diplomats out […]
... written on Mar 16 2018
