Finance and Economy
Get ready for a spike in crude oil prices. Shortly after the U.S. State reaffirmed the Trump administration’s goal of reducing Iran’s oil exports to zero by November 4th, Iranian President Hassan Rouhani warned Tehran could retaliate – by disrupting oil shipments to neighbouring countries. Although Iran didn’t elaborate on such plans, it isn’t hard to […]
... written on Jul 06 2018Shahrir Samad, once the invincible UMNO warlord of Johor Bahru, was grilled for 7 hours by MACC (Malaysian Anti-Corruption Commission) two days ago. When he emerged from the MACC office, he was surprised to learn that his boss, ex-prime minister Najib Razak, had been arrested. Obviously, it wasn’t a walk in the park being questioned […]
... written on Jul 06 2018European Union (EU) had a trade surplus of 120 billion Euros (US$139.6 billion) with the U.S. in 2017. The most exported product from the EU to the U.S. is cars. Hence, Trump doesn’t need to become a rocket scientist to know where to hit the Europe. When the U.S. president threatened to target European cars with […]
... written on Jul 05 2018Najib, the son of Malaysia’s much respected second Prime Minister Abdul Razak Hussein, has just been charged with 3 (three) criminal breach of trust (CBT) under Section 409 of the Penal Code in connection with the transfer of RM42 million to his private bank account from former 1MDB subsidiary SRC International Sdn Bhd. The […]
... written on Jul 04 2018The best day is finally here for millions of Malaysians who are getting impatient over the freedom enjoyed by former Prime Minister Najib Razak since he was toppled at the 14th general election on May 9. For years, the despicable Najib evaded the law by virtue of him being the most powerful man in the […]
... written on Jul 03 2018She was Malaysia’s Central Bank (Bank Negara) Governor from 2000 to 2016, and was the first woman in the prestigious position. In 2009, Global Finance named her as one of the world’s best central bank chiefs. On 20 May 2011, Bloomberg chose her as one of top four nominees to head the prestigious International Monetary Fund (IMF). However, […]
... written on Jul 03 2018President Donald Trump had walked away from the Paris climate agreement. His administration had also announced the U.S. was leaving the United Nations’ Human Rights Council. If you think those were the craziest decision a United States president had ever made, think again. There’s no limit as to what the 45th President of the United States […]
... written on Jul 01 2018UMNO (United Malays National Organisation) is seriously in deep shit. In fact, the Malay nationalist party could be de-registered. It may perish and never to be seen again. First, the brilliant acting UMNO president Ahmad Zahid Hamidi went crawling to Prime Minister Mahathir begging for forgiveness for insulting his ancestor, calling him the son of […]
... written on Jun 29 2018Mahathir almost didn’t make it. The urbanites – regardless of ethnic-Chinese, ethnic-Malay or ethnic-Indian – understood ex-prime minister Najib Razak’s thievery in 1MDB scandal. There was little doubt that those educated urban people were anxious to vote Najib out. The rural people, especially the village Malay folks, however, didn’t understand one bit about 1MDB at […]
... written on Jun 27 2018Australia is one of foreign countries which many perceive to be squeaky clean, at least its Southeast Asia neighbour thought so. It was quiet a news when Prime Minister Malcolm Turnbull accused the alternative prime minister, Bill Shorten, of taking “backhanders” when he was a trade union supremo. But when Turnbull himself was dragged into […]
... written on Jun 26 2018
