Crisis
Do you remember what you were doing on June 29, 2006? That was close to 10-year ago and you could probably still schooling. But that was when the Federal Reserve pushed the key rate to 5.25%, for a 17th straight time since June 2004, and the last time before they do it again almost 10-year […]
... written on Dec 19 2015Next year will be a tough year. Control Risks, the global business risk consultancy, said the year 2016 will be a challenging year for businesses. Published on Monday, its RiskMap highlights the problems – Terrorism, Middle Eastern Instability, Cyber-Risk, Chinese Economy in Transition and European Financial and Political Uncertainties. As Russia flexes its military muscles […]
... written on Dec 15 2015San Bernardino shooting raised President Barack Hussein Obama eyebrows because the culprits were a couple with a 6-month-old baby. When was the last time you read about a husband-wife tag-team going on a shooting spree, abandoning their baby? Syed Rizwan Farook and his Pakistani wife Tashfeen Malik did exactly that. Initially, the focus was on Syed […]
... written on Dec 14 2015On 3rd Dec, 2014, gasoline was selling as low as US$1.98 in the United States. An Oncue Express station in Oklahoma City was selling the gasoline for US$1.99 a gallon, the first one to drop below US$2 in the U.S. since July 30, 2010. That was roughly about £1.27 or RM6.86 a gallon (3.785 litres). In terms of […]
... written on Dec 13 2015Islamic State terrorists claimed responsibility for the Friday 13th (Nov, 13th) attacks on Paris that killed 130 people and the Oct, 31 downing of a Russian passenger aircraft over Egypt’s Sinai region that killed 224. They have also claimed that U.S.-born Syed Rizwan Farook and his Pakistani wife Tashfeen Malik who killed 14 people in […]
... written on Dec 11 2015Five months ago, China did the unthinkable – “Yuan Devaluation“. President Xi Jinping was facing multiple problems back then. The Chinese stock market crashed 30% within 3-weeks. His enemy, former leader Jiang Zemin, was plotting against him by systematically selling shares in an attempt to further depress the stock market. China’s economy was virtually going […]
... written on Dec 10 2015Turkey, under President Recep Tayyip Erdoğan, is playing a very lethal game of Russian roulette. Instead of loading a bullet into the chamber of a revolver, spinning the cylinder, and then pulling the trigger while pointing the gun at his own head, Erdoğan pointed the gun at Putin’s head instead. And he shot the Russian […]
... written on Dec 07 2015All the predictions and statements by pro-Najib bloggers about the Malaysian prime minister’s bravery haven’t materialized. It’s true that it’s extremely hard to force Najib son of Razak into early retirement, thanks to former premier Mahathir who had fortified the position before he retired in 2003. Najib, his advisers and his band of bloggers knew […]
... written on Dec 04 2015The United Kingdom voted to extend bombing missions conducted by the Royal Air Force (RAF) to Islamic State targets in Syria, which prior to an “11-hour” debate in the House of Commons, were limited to targeting ISIS in Iraq. But it wasn’t Prime Minister and leader of the Conservative Party David Cameron who managed and secured […]
... written on Dec 03 2015On May 14, 1948 the State of Israel was established by the Israeli Declaration of Independence. Arab countries and mostly Muslim countries do not recognize Israel. In fact, out of 192 United Nations member states, 32 countries do not recognize Israel (17%) while 160 countries or 83% do. That’s one heck of a majority who recognizes Israel. […]
... written on Dec 02 2015
