Finance and Economy
Five 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 2015Crude oil futures tumbled to their lowest in nearly 7 years on Monday after OPEC failed to address a growing supply glut. Brent and U.S. crude futures fell as much as 6% in reaction to the Organization of the Petroleum Exporting Countries’ (OPEC) policy meeting on Friday which ended without an agreement to lower production. […]
... written on Dec 08 2015United States and Turkey’s secret business partner – ISIS – is a very rich terror institution. The Islamic State was generating about US$50 million every month through selling crude oil from oil fields the extremist group controls in Iraq and Syria. ISIS controls more than 60% of Syria’s oil production capacity and about 10% of […]
... written on Dec 01 2015Brussels remains on lock-down for a fourth day as police hunt for a prime suspect behind the Paris terror attacks. Plus, the U.S. has issued a global travel alert, citing increased terrorist attacks. Caught on camera by an undercover Muslim reporter, a secret British cell of Islamist women is brainwashing young female Muslims in the […]
... written on Nov 24 2015He is easily the greatest and bestest daddy on planet Earth, and who wouldn’t want such a nice father after spending such huge money on diamonds for his daughter? Property tycoon Joseph Lau Luen Hung (Chinese: 劉鑾雄) raised US$77 million eyebrows when he bought two expensive rocks at Christie’s and Sotheby’s auctions. First, he spent […]
... written on Nov 13 2015At least one person disagrees that China’s economy is going south, if it’s true that the superpower is indeed having financial problem in the first place. If China’s “Singles Day” sale is any indicator, Jack Ma would be laughing at the slight idea that his country is in trouble. His e-commerce Alibaba has broken its […]
... written on Nov 12 2015Soon, making money as a drug trafficker or pusher in Indonesia will be a tough business. Besides struggling to convince foreign investors that his country is an ideal location for investments, President Joko Widodo is working hard to clean Indonesia of its image as one of the most corrupt countries in the world. One of […]
... written on Nov 11 2015Voters went to polling stations across Myanmar (formerly Burma) yesterday (Nov 8th) in festive mood. The people of Myanmar consider this as the country’s first free general election in 25 years. The last free vote was in 1990, when Suu Kyi won but the army ignored the result, and put Suu Kyi under house arrest for […]
... written on Nov 09 2015Everybody was looking forward to an entertaining Friday debate today between Najib’s minion and an opposition outspoken badass on 1MDB scandal that has accumulated debts to the tune of RM42 billion. Mr. Arul Kanda Kandasamy, the President and Group Executive Director of 1Malaysia Development Berhad (1MDB) was supposed to debate with MP Tony Pua. Mr. Tony […]
... written on Nov 06 2015For the third consecutive year, Russian President Vladimir Putin has been named the world’s most powerful man by Forbes magazine. The insulting news to American President Barack Obama is not only he didn’t manage to overtake the highly popular Putin; he has actually lost his second place to a woman to settle for a third place this […]
... written on Nov 05 2015
