Finance and Economy
Some 5 years ago, President Donald Trump launched a trade war with China. The goal was to decouple the U.S. economy from China. In 2020, with the U.S. presidential election approaching, Trump again raised the idea of separating the American and Chinese economies. In both 2016 and 2020 campaigns, China became the easy punching bag […]
... written on Jun 02 2023Germany officially plunged into recession during the first three months of the year. The Europe’s largest economy contracted by 0.3% in the first quarter of 2023 after it suffered a decline of 0.5% in the fourth quarter of 2022. A recession is defined as two consecutive quarters of contraction, therefore, the German economy has entered […]
... written on May 29 2023You can only push someone so far for so long before he fights back. For the last couple of years, the U.S. has been aggressively trying to stop the rise of the red dragon – from trade war to tech war, and from blacklisting Chinese technology giant like Huawei to forcing South Korea, Japan, Taiwan […]
... written on May 22 2023Plagued with corruption charges, former Prime Minister Muhyiddin Yassin, whose given name is Mahiaddin Yasin but too embarrassed to use it, now depends on the upcoming state elections to return to power. Only then can the crook order the Malaysian Anti-Corruption Commission (MACC) to drop all his charges. There’s no other ways to escape prison. […]
... written on May 21 2023If you are looking to make a major purchase, chances are there’s a loan that is right for you. In this article, we’ll discuss some of the most common types of consumer loans available. Finding the most affordable loan rates begins by understanding your creditworthiness. Lowering credit utilization and reviewing your report can give […]
... written on May 21 2023Since Russian president Vladimir Putin invaded Ukraine in February 2022, the United States has seized several superyachts belonging to Russian oligarchs. It was part of Washington’s tactic to seize the assets of Russian billionaires, believed to be Putin’s cronies, in order to put pressure on Moscow to end the war in Ukraine. But the confiscation […]
... written on May 18 2023Long before BYD – “Build Your Dream” – produced Seagull, the cheapest EV (electric vehicle) at just US$11,000 (£8,855; RM48,813), China has been churning out thousands of chemists and engineers to do research on future batteries. Deep in the country’s interior, Central South University produces graduates in advance technology, despite the perception that China was […]
... written on May 11 2023Biden’s game to cripple the Chinese semiconductor industry was simple – prevents China from getting the world’s most advanced chips. At the same time, he signed an executive order last August to boost the U.S. competitiveness with a whopping US$52.7 billion subsidy in semiconductor manufacturing and research. The goal was to kill China without killing […]
... written on May 09 2023For about 160 days since Anwar Ibrahim was sworn in as Malaysian 10th Prime Minister, power-crazy opposition – Perikatan Nasional – has been doing absolutely nothing except plotting how to overthrow the Unity Government. The sore loser still could not move on, largely because the “Iron Throne” is so near yet so far. They simply […]
... written on May 07 2023On Wednesday (May 3, 2023), footage of two drones attacking the Kremlin in Moscow has gone viral. The stunning strike on Vladimir Putin’s residence has been described as “a planned terrorist act and an assassination attempt on the Russian president”. The explosion, however, did not kill or injure anyone because Putin was not present in […]
... written on May 05 2023
