Finance and Economy
In April 2024, an employee of Citigroup (once popularly known as Citibank) was supposed to credit US$280 to a customer’s account. Instead, the American multinational investment bank, which was formed in 1998 after the merger of Citigroup and Travelers, accidentally transfer a jaw-dropping US$81 trillion. The operational error was missed by two employees, before detected […]
... written on Feb 28 2025After days of putting up a brave face, and trying to call Trump’s bluff, it appears Ukraine’s President Volodymyr Zelensky has decided to fold in his silly poker game and surrenders the country’s key minerals deal demanded by U.S. President Donald Trump. The comedian had no idea that the POTUS could easily eat him for […]
... written on Feb 27 2025While countries like the U.S. is declaring tariffs war and trying to end the Ukraine War, and countries like Malaysia continues to protect hate preacher Zakir Naik and busy promoting religious radicalization, China is charging ahead to dominate a new global economy – Artificial Intelligence (AI) – which could worth a staggering US$15.7 trillion in […]
... written on Feb 21 2025European leaders from Germany, France, Italy, Poland, Spain, Denmark, Netherlands and the United Kingdom (as well as NATO Secretary General Mark Rutte and European Commission President Ursula von der Leyen) scrambled to an emergency meeting in Paris on Monday (Feb 17) after the Trump administration excluded them from talks with Russia to negotiate an end […]
... written on Feb 19 2025Entering its third year, Anwar-led Unity Government can no longer claim it is still on the learning curve, let alone say it is still a honeymoon year. On the coming November 24, 2025, Prime Minister Anwar Ibrahim can actually call for a snap election after serving the full three years of his 5-year term. However, […]
... written on Feb 16 2025After just 21 hostages (16 Israelis and 5 Thai nationals) were released from Gaza in exchange for more than 500 Palestinians prisoners from Israeli prisons, the fragile ceasefire appears to be collapsing. Hamas has suspended the ceasefire deal, accusing Israel of violating the ceasefire agreement. Israel, has similarly accused the terrorist group of violating the […]
... written on Feb 11 2025With friend like the United States, Canadians and Mexicans do not need enemies. President Donald Trump has finally made good on a campaign promise to raise tariffs on almost everyone – both friends and foes. First, he slapped a 25% tariff on all goods imported from Canada and Mexico, except Canadian oil and energy products, […]
... written on Feb 03 2025He gave away public funds to the tune of RM100 million to Palestine, but no one knows who actually got the money as banks were destroyed in Gaza during the war. He was globe throttling using taxpayers’ money to lobby the Arabs to stop Israel’s relentless assault, but he was bumped to last row during […]
... written on Jan 31 2025For decades, China has been accused by the United States and several of its allies of economic espionage and intellectual property (IP) theft. It was claimed that Chinese IP theft has cost the U.S. about US$225 billion to US$600 billion a year. Besides stealing IP, China was also accused of demanding technology transfers in exchange for market access. […]
... written on Jan 29 2025When Anwar Ibrahim proudly announced RM170 billion investment commitments from China in March 2023, just a few months after he became the 10th Prime Minister of Malaysia, he received praise with high expectation that the country would receive a massive boost to its economy. He visited China again in September the same year, and again […]
... written on Jan 23 2025
