Finance and Economy
United States can get most of what it wanted, including intimidating and bullying anyone in the world, partly because of its almighty U.S. dollar. It’s a known fact that the U.S. is broke. America is the world’s biggest debtor nation – owing more than US$20.37 trillion – and climbing. Whenever they run out of money, […]
... written on Oct 12 2017Remember how we told you about the good-cop-bad-cop roles being played by China and Russia to ensure the survivability of Fat Boy Kim Jong-un, or rather the “Rocket Man” as what U.S. President Trump likes to call the North Korean leader these days? Well, the drama has shifted into high gear, making it more obvious […]
... written on Oct 06 2017Spain’s King Felipe VI has spoken – that Catalan leaders have broken the laws of the state. He called their behaviour “irresponsible”, “lack of loyalty”, “disrespect to the powers of the state”, and risking the country’s economic stability. But the king didn’t say what a king should say – about police brutality and the need for […]
... written on Oct 04 2017Six months ago, President Trump revealed his ambitious plan – a tax plan – to fulfil his presidential campaign promise on tax reform. His proposal will see the “biggest tax cut” in U.S. history – slashing corporate tax rate to 15% from 35%. That would make the U.S. a cheaper country than Singapore (17%) and Hong Kong […]
... written on Oct 02 2017First there was the driverless car. This concept still requires a carload of money to own the smart car which will transport you to your destination without you having to drive. Then the concept of flying taxi was introduced. Singapore and Dubai are now racing toward the finish line to become the first city in […]
... written on Oct 01 2017Cash-rich China has been on a shopping spree snapping American assets. They had taken over at least 10 American iconic brands including Motorola, Waldorf Astoria, GE Appliances, Smithfield Foods and AMC Theatres. And they were about to add a 135-year-old Chicago Stock Exchange to their shopping cart – until they’re being stopped now. The […]
... written on Sep 29 2017Soon, the jokes about Saudi Arabia being the only country on planet Earth where women were forbidden from getting behind the wheel of a car will be a thing of the past. For as long as one can remember, women in the kingdom have been discriminated and oppressed by the Saudi government and treated like […]
... written on Sep 27 2017As anticipated, Angela Merkel’s CDU-CSU (Christian Democratic Union-Christian Social Union) alliance won the German election on Sunday. Although she is set to be re-elected as German chancellor for a 4th term in office, the woman who was blamed for welcoming over 1-million refugees – mostly Muslims – into the country has very little to celebrate. […]
... written on Sep 25 2017Microsoft cut 4,000 jobs two months ago in July. If you think that was bad, wait until you hear tech giant Hewlett Packard’s (HP) plan. Despite recent Street-beating third-quarter results that saw the company’s stock jump 5%, Hewlett Packard Enterprise is planning to put thousands of its employees jobless – scheduled by year end – […]
... written on Sep 23 2017Debt is something that creeps on you slowly. It seems one day you owe out just a few thousand and the next time you add up the numbers you’re into the tens of thousands. If you’re living beyond your means like many Americans today, now is the time to reel in your spending and find […]
... written on Sep 22 2017
