Finance and Economy
Houthi militants have claimed attacks on two Saudi tankers in the Red Sea, threatening another important route for oil flows and stoking fears that the U.S.-Iran conflict could escalate further. As a result, oil prices jumped back to US$100 a barrel on Thursday before retreating, fueling a bond selloff and sending stocks sliding. Brent Crude futures jumped […]
... written on Jul 24 2026Just when you thought Donald Trump was too busy with the Iran War, getting ready to bomb the Pickaxe Mountain believed to have been stashed with thousands of uranium-enrichment centrifuges, the U.S. president suddenly dropped started a new round of war. He announced an additional 50% tariff on certain goods from Canada, including wine, hockey sticks, […]
... written on Jul 21 2026You know a government is increasingly authoritarian, corrupt, and arrogant when it starts cracking down on freedom of expression by censoring and blocking independent news portals, blogs, and social media platforms critical of the government. And you know such a dictatorship would lose power soon. It had happened to the Najib government, and it is […]
... written on Jul 13 20261MDB (1Malaysia Development Berhad) still has RM8.9 billion remaining debts, Deputy Finance Minister Liew Chin Tong said on July 9. As at end-June, Malaysia has paid RM42.5 billion for 1MDB-related debts, while recovering RM31.3 billion over the scandal. “If there are no further recoveries, the government will have to absorb RM20.1 billion in losses,” – Liew […]
... written on Jul 10 2026Malaysian Chinese have suddenly become a precious commodity this month. As expected, their value skyrockets every time there is an election. With the political campaign for the Johor state election entering its second half, every politician and political party treats the ethnic Chinese like a diamond, saying the Chinese are the best, the cleverest, the […]
... written on Jul 07 2026Unemployment rate plunged to 2.9% in November 2025, reaching its lowest level in 11 years. Prime Minister Anwar Ibrahim quickly claimed the credit in January 2026, attributing the milestone to his Madani Government’s so-called economic reforms. Today, with Johor state election at high gear, Deputy Prime Minister Ahmad Zahid Hamidi is also taking credit for […]
... written on Jul 04 2026Ever wonder why Najib Razak’s lawyer – Muhammad Shafee Abdullah – has suddenly gone silent over a royal pardon and house arrest? Shafee, who had whined, cried, and bitched till foaming at the mouth about the government’s obstruction of a purported “addendum order” by the previous King allowing Najib to serve his jail sentence under […]
... written on Jul 02 2026UMNO-led Barisan Nasional (BN) may have miscalculated when Johor Chief Minister Onn Hafiz Ghazi arrogantly declared war on Pakatan Harapan (PH). Not only he announced that BN will “go solo”, will contest all 56 seats in the next Johor state election, and will leave no space for cooperation or negotiation with Premier Anwar Ibrahim’s coalition, […]
... written on Jun 26 2026On May 1, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) – under Executive Order (E.O.) 13902 – designated three Iranian foreign currency exchange houses and their associated front companies as part of Economic Fury and Treasury’s ongoing efforts to disrupt the Iranian regime’s financial lifelines that sustain its war […]
... written on Jun 25 2026One of the easiest gimmicks to scam voters to win elections is to create problems and then pretend to solve them, and voila, people would burst into tears in appreciation and gratitude. Taking away something before giving it back has been one of the oldest tricks used by many parents to handle misbehaving children or […]
... written on Jun 22 2026
