Finance and Economy
Why don’t poor countries just print more money? Likewise, why can’t the central bank print money and give the free cash to the people who have become jobless or under-employed due to Covid-19 pandemic? Those are excellent questions – if came from a curious kid. But coming from a deputy minister, it could only mean […]
... written on Nov 21 2020Australia was hoping that by signing the China-backed Regional Comprehensive Economic Partnership (RCEP) deal on Sunday, it will automatically fix, or at least improve the country’s strained relations with China. If only it was so easy. It would take more than an insignificant deal like RCEP, of which the direct economic benefits are limited, to […]
... written on Nov 19 2020Exactly how many grand coalitions the dubious “Malay-Muslim” government consisting of UMNO, Bersatu (PPBM) and PAS wanted to create? It appears that in spite of having cornered 90% of Malay-Muslim voters, the Perikatan Nasional backdoor regime still has no confidence of winning the next 15th General Election – a strange phenomenon indeed. The corrupt […]
... written on Nov 17 2020After American pharmaceutical Pfizer and the German biotech company BioNTech last Monday that they finally had produced the vaccine, which is more than 90% effective against Covid-19, the stock markets around the globe immediate hit the roof. But soon the stock rally fades away as the vaccine is unlikely to arrive to the mass market fast […]
... written on Nov 17 2020After crossing the 270 Electoral College vote threshold needed to claim victory, President-elect Biden appears to have strengthened his grip on Friday (Nov 13) by winning the state of Georgia. Even though North Carolina may go to President Trump, the final result would see Biden’s 306 votes against Trump’s 232. Interestingly, this is the same […]
... written on Nov 15 2020In another U-turn, the backdoor government of Muhyiddin Yassin has now decided to allow three people from the same household to travel in a same car. Senior Minister Ismail Sabri Yaakob claimed the decision was agreed upon after receiving complaints from the public, as well as consideration based on e-hailing rides and taxis that are […]
... written on Nov 14 2020Technology is taking over the world. In a bid to create ultimate efficiency, cutting-edge technology is being deployed to design supercomputers that will take over the work done by humans in the near future. According to experts, AI, machine learning, deep learning, and big data are just some of the newest technologies paving the way […]
... written on Nov 13 2020Alibaba has set another new sales record for this year’s annual “Singles Day” shopping spree. The Singles Day, first started in China as a 24-hour shopping event that celebrates people who are not in relationships, has been such a massive success that it makes Black Friday and Cyber Monday in the United States look like […]
... written on Nov 12 2020Four days after the November 3 election, Americans took to the streets – some celebrate Joe Biden’s victory while others protest against Donald Trump’s loss. The nation is as divided, if not more divided, as when Trump stunningly won the White House in 2016. Having passed the 270 Electoral College vote threshold needed, Biden becomes […]
... written on Nov 10 2020Financial planning 101 say if you consistently spend more than you earn, it becomes the secret recipe of huge debt. In the case of (previous) Barisan Nasional government, not only did they spend lavishly beyond their ability to grow the economy, they also plundered and stole money from the national coffers. Everything looked rosy until […]
... written on Nov 08 2020
