Finance and Economy
Supporters of Perikatan Nasional coalition have a very peculiar habit of defending the indefensible backdoor government. They do not talk facts and figures. Worse, they would twist and spin even though it does not make any sense. When they fail to argue with you, they would threaten to jail you for spreading fake news. And […]
... written on May 15 2021From Cargo Suspension To Price Hike – India Covid Crisis Shows How Much It Actually Depends On China
Weeks ago, as India saw its daily Coronavirus cases skyrocket to more than 250,000, the country received 300,000 Rapid Antibody Test Kits from the Chinese city of Guangzhou. Those test kits, which produce results in just 15 minutes and work on blood samples rather than nasal swabs, were quickly airlifted to Rajasthan and Tamil Nadu. […]
... written on May 13 2021People who thought the now-collapsed Pakatan Harapan was a hopeless U-turn government are now kicking themselves really hard. And people who believed “Sleeping Beauty” Abdullah Ahmad Badawi was out of touch with reality on the ground are now having a second thought. Even former Prime Minister Najib Razak, the world’s biggest crook, is seen by […]
... written on May 11 2021The Cold War Has Begun – Beijing “Indefinitely” Suspends China-Australia Strategic Economic Dialogue
Relations between China and Australia have taken a twist for the worse when Beijing unexpectedly announced that the key economic dialogue with Canberra has been “suspended indefinitely”. The decision, made by the National Development and Reform Commission (NDRC), China’s top economic planner, saw the Australian dollar weakened against the U.S. dollar. The last time NDRC […]
... written on May 06 2021As predicted, the backdoor government of Muhyiddin has announced yet another half-baked lockdown – MCO 3.0. While people did not expect much from the clueless regime, they were flabbergasted at the deteriorating competency of the ministers involved. Even primary school students could do a better job than the bloated Cabinet of 72 ministers and deputy […]
... written on May 05 2021We will remember 2020 as the year that turned the whole world upside down. When in March that year the globe got immersed in the first wave of the pandemic, stock markets collapsed. Compared to the beginning of 2020, the S&P 500 index lost 30% of its price, while the WTI price dropped to negative […]
... written on May 01 2021Last month (March 26), China’s Ministry of Commerce officially announced that import duties between 116.2% and 218.4% will be imposed on Australian wines. The ministry concluded that domestic wine industry had been hurt by the dumping of cheap Aussie wine. To make matters worse, Beijing decided that the anti-dumping punishment will last for 5 years. […]
... written on Apr 29 2021As American colleges struggle financially due to declining enrolments during the Coronavirus pandemic, the Biden administration finally decided on Monday to ease travel restrictions on Chinese and other international students into the United States. Chinese students, whose academic programs begin on August 1, 2021 or later, can enter the U.S. before the start of their […]
... written on Apr 28 2021In the 2018 General Election, UMNO-led Barisan Nasional (BN) won only 8 state seats while PAS grabbed a whopping 37 seats in Kelantan. Opposition Pakatan Harapan was totally wiped out. After learning that PAS had won big, Mohd Hafeez, a 42-year-old diehard Parti Islam Se-Malaysia (PAS) supporter kissed the ground and said – “God is great, […]
... written on Apr 27 2021Rich countries, including the U.S., U.K., EU, Japan, Norway, Canada, Australia and Switzerland, have been actively blocking a proposal to boost the global production of Covid-19 vaccines. The proposal, which was jointly submitted by India and South Africa in October 2020, would temporarily waive intellectual property (IP) and patent rights on Covid vaccines. Even […]
... written on Apr 23 2021
