Finance and Economy
By 2032 – that’s another 14 years – China is projected to become the world’s new biggest economic powerhouse, overtaking United States of America. But the Chinese are not the only winner. By 2027, the Indians will surpass Germany’s economy to claim the third prize. And as early as next year, India will become the […]
... written on Dec 29 2017You may not like his big mouth. You may not like his provocative tweets. You may not like his funny hairstyle. Heck, you may not even like that he has a gorgeous wife. But by now, it’s hard to deny that Donald Trump is good for business. For close to a year, the U.S. president […]
... written on Dec 27 2017After Trump’s historical recognition of Jerusalem as the capital of Israel, Guatemala announced the Central American country will relocate its embassy in Israel – from Tel Aviv to Jerusalem – becoming the first nation to follow the lead of U.S. President Donald Trump. Guatemala was one of nine nations which voted against a U.N. resolution. […]
... written on Dec 26 2017Many Saudi princes have been released – quietly – from “5-star prison Ritz Carlton Hotel” after agreed to pay in exchange for their freedom. The highest corruption settlement so far is Prince Miteb bin Abdullah who reportedly paid US1 billion for his freedom. He was the closest challenger for the throne of Kingdom of Saudi […]
... written on Dec 25 2017South Korean President Moon Jae-in made his 4-day state visit to China on December 13th. Unlike U.S. President Donald Trump, Beijing didn’t give him a “state visit-plus” reception. However, Mr. Moon believes it was a successful trip, or at least he wanted the South Korea people to believe it was a meaningful visit. But it isn’t, […]
... written on Dec 20 2017There’s good news and bad news for Russia and China. First, the bad news – U.S. President Donald Trump has declared both Russians and Chinese enemy of the state. Now, the good news – despite calling both communist nations “rival powers”, Trump said the U.S. will continue to partner with them. Confusing, huh? Why can’t […]
... written on Dec 19 2017Everyone knows the United States is becoming the biggest threat to OPEC – producing more and more oil every day. In fact, as U.S. cargoes show up more regularly in Asia, America has been quietly eating up Middle East crudes’ share market. And there’s nothing the OPEC could do as they have agreed to take […]
... written on Dec 15 2017When was the last time you spent money on Subway? If you can’t remember, you’re not alone. Subway’s menu is so boring that only losers would step into the restaurant. Even if you think the food isn’t that bad, you might have second thought about their fake proclamation of “healthy food”. And now Subway is […]
... written on Dec 14 2017In a sign of more trouble ahead, Saudi Arabia has secretly drafted a plan to further remove subsidies as the kingdom tries to offset the impact of its struggling economy – thanks to low crude oil prices. In spite of oil price rally recently, the latest due to a 450,000-bpd pipeline shut down in the […]
... written on Dec 13 2017From where did he get the extraordinary amount of money to buy the world’s most expensive painting? For a while, the world was left in astonishment after Leonardo da Vinci’s “Salvator Mundi” – dating back to 1500 – was sold to a mysterious buyer who splashed a whopping US$450.3 million. People thought it must have […]
... written on Dec 08 2017
