Finance and Economy
Finally, PM Anwar Ibrahim has agreed to settle the 25-year feud with Mahathir – in court. His former boss, Mahathir, was the longest serving prime minister of Malaysia – ruling with iron-fist for 22 years (1981-2003) during which his deputy Anwar was sacked in 1998 over corruption and sodomy charges, accusations condemned internationally as politically […]
... written on Apr 18 2023Montana has become the first U.S. state to ban TikTok on all personal devices over security concerns. The bill, known as SB419, was passed by a vote of 54 to 43. Essentially, app stores like Apple Store and Google’s Play Store cannot offer TikTok. Violations carry a penalty of up to US$10,000 per day, but […]
... written on Apr 16 2023Playing good cop and bad cop, French president Emmanuel Macron and European Commission chief Ursula von der Leyen flew into Beijing last Wednesday. The duo’s visit to China (April 5 – April 8) was supposed to present a united European front to pressure Beijing on several issues, including using Chinese influence to condemn Russia and […]
... written on Apr 10 2023Saudi Arabia, the de-facto leader of OPEC, and other OPEC+ oil producers announced on Sunday (April 2) voluntary cuts to their production to the tune of 1.15 million barrels per day (bpd). While Saudi said it will slash output by 500,000 bpd, close ally UAE said it would cut by 144,000 bpd in addition to […]
... written on Apr 04 2023For the last 100 years since the U.S. dollar replaced the British pound sterling as an international reserve currency, the United States has become the world superpower after the First World War (1914-1918). Coincidentally, the dollar as we know it today was actually first printed in 1914 after the Federal Reserve Bank was created under […]
... written on Apr 02 2023America is very good at getting involved in wars, but is horrible at getting out of them. The military superpower has never failed leaving behind a trail of destruction in every country it involved in wars – Vietnam, Iraq, Libya, Syria, Laos, Cambodia, Korea, Kosovo, Bosnia, Afghanistan and the list goes on. The latest war […]
... written on Mar 30 2023Saudi Arabia’s Crown Prince Mohammed bin Salman, popularly known as MBS, lost all his Western friends with a snap of a finger following the brutal assassination of Jamal Khashoggi at a Saudi consulate in Istanbul in October 2018. The CIA concluded that MBS had given the order for the killing, where the Saudi Arabian dissident […]
... written on Mar 28 2023From “no limits” partnership announced by China and Russia in February 2022 to the latest pledge to drive something that hasn’t been seen by the civilization in 100 years, the West is very concerned. Thanks to the United States’ strategic errors – and arrogance – Beijing and Moscow are now closer than ever, driven by […]
... written on Mar 24 2023When Mahathir Mohamad was asked in 2003 by Asiaweek how he would like his legacy to be remembered, he said – “Oh, I really don’t care. In 40 years, I’m not going to be around and when you’re dead, people will say nasty things about you. It doesn’t make a difference to me.” That was […]
... written on Mar 22 2023When arch-rivals Saudi Arabia and Iran announced they were restoring diplomatic relations, the world was stunned. The split between the two main sects within Islam, Saudi-led Sunni Islam and Iran-led Shia Islam, goes back some 1,400 years in a dispute over who should succeed the Prophet Muhammad as leader of the Islamic faith. As a […]
... written on Mar 19 2023
