Finance and Economy
He had been condemned by Mahathir Mohamad, then-Prime Minister of Malaysia, as a notorious currency speculator. He lost about US$1 billion in the financial market betting against Donald Trump. The 86-year-old investor also lost millions – probably billions – betting against Brexit. Perhaps the billionaire should go back into retirement. To George Soros, however, […]
... written on Jul 11 2017Get ready to be greeted by armed U.S. immigration officers – at UK airports – before boarding your transatlantic flight to the United States. Under a new radical plan being discussed, British holidaymakers visiting the U.S. would be cleared by U.S. immigration stationed in their country, before boarding an aircraft. Officials between both countries […]
... written on Jul 10 2017South Australia will be home to the world’s largest lithium ion battery, thanks to a historic agreement between Tesla and the State Government. The good news didn’t stop here. The 30,000 lucky Australian homes will get the battery – for free – if “Ironman” Elon Musk fails to deliver the battery within 100 days. The […]
... written on Jul 08 2017Depending on your time zone, you might have gotten the official notification from your immediate superior of your layoff, if you’re under Microsoft payroll and not currently selling Azure – the Microsoft’s cloud computing product. And if you’re outside of United States, your chance of getting retrenched is at 75%, as compared to only 25% […]
... written on Jul 07 2017Let’s face the fact – jobs are getting scarce while job seekers are getting plentiful. To make matter worse, robots are competing with human for jobs. Soon, burger-flipping will be a job reserved for robot only. Heck, even prostitution would need to fight for their rights as sex robots, thanks to AI (artificial intelligence), are […]
... written on Jul 06 2017Last year, we wrote why crude oil above US$100 will never happen again – forever! One of the reasons was China. The Chinese provide the world’s largest market for new cars. Naturally, China has some of the world’s worst air pollution. Nope, the Chinese will not be choked or poisoned to death due to pollution. […]
... written on Jul 05 2017Planning for a holiday in Italy for the first time? Then you should be aware that city such as Rome is one of European top cities where you are most likely to be pick-pocketed. That would be the first advice your tour guide tells you. Believe it or not, thieves in Italy have more rights […]
... written on Jul 04 2017In yet another proof that job security doesn’t exist anymore, tech giant Microsoft is planning to lay off thousands of employees – worldwide. Despite earning US$23.56 in revenue and net profit of US$5.7 billion for the quarter ended March 31, 2017, Microsoft would not think twice about retrenching its employees, if that would bring more […]
... written on Jul 04 2017We understood why the U.S. Democratic Party loves “illegal immigrants” so much. The Democrats, also known as the liberals or left-wingers, would simply collapse without immigrants’ votes. Democrats prefer to call them “undocumented immigrant” instead. A latest estimation shows 11.1-milion illegal immigrants reside in the U.S. – roughly 3.5% of America total population. By […]
... written on Jul 03 2017Najib son of Razak will soon learn a painful lesson. The Malaysian prime minister will learn the real meaning of “a bird in hand is worth two in the bush”. He should have had honoured the deal that his administration made with IWC-CREC (Iskandar Waterfront Holdings-China Railway Engineering Corp) consortium and let the 1MDB scandal […]
... written on Jun 25 2017
