Finance and Economy
Russian Ambassador to the United Nations, Vassily Nebenzia, revealed on Tuesday (Feb 26) that the United States is preparing to overthrow the stubborn Venezuelan President Nicolas Maduro – through military intervention. Speaking at the U.N. Security Council meeting, Russia warned that the country’s sovereignty should be respected. On the same day, Nikolai Patrushev, secretary […]
... written on Feb 27 2019Under tremendous pressure from the people, especially after the humiliating defeat in the Cameron Highlands by-election, and the coming Semenyih by-election which does not look too promising, the Mahathir administration has finally agreed to re-look into one of the dozens of promises made during last May general election – abolishment of highway tolls. Yesterday […]
... written on Feb 26 2019The Dow Jones posted its ninth consecutive week of advances, its longest weekly winning streak in nearly 24 years. This was the first time the DJIA (Dow Jones Industrial Average) index crossed 26,000 points since November 9, and the nine straight week gains marked the longest streak since a 10-week run between March and May […]
... written on Feb 23 2019In college, students struggle with earning money. There are a few options for full-time students: young people work part-time just like many generations did before them. Now, Gen Z comes up with innovative business ideas every minute. If you are creative enough for an unusual venture, then you are creative enough for organizing your business. […]
... written on Feb 22 2019Here’s a market that China is ahead of the U.S. by miles – drones. This may sound unbelievable, but the Chinese sells more combat drones than the Americans, even to their allies in the Middle East. The U.S. does not supply Arabs with its armed drone technology due to strict export regulations. Such restriction provides […]
... written on Feb 21 2019Huawei founder Ren Zhengfei lives a quiet life and keeps an ultra-low profile despite his massive wealth. It would take the arrest of his daughter, 46-year-old Huawei chief financial officer Sabrina Meng, to make him active and starts expressing his opinion. Essentially, the world’s largest telecom-gear maker faced its worst ever crisis as the superpower […]
... written on Feb 19 2019Amazon.com is worth a staggering US$800 billion. It became the second company to reach a stock market value of US$1 trillion just weeks after Apple hit the same milestone. Its stock price is above US$1,600 a share. The company’s CEO and founder – Jeff Bezos – is not only the world’s richest man with a net worth […]
... written on Feb 15 2019Naguib Sawiris is an Egyptian billionaire with a net worth of US$5 billion (Bloomberg). Together with Nassef Sawiris, the two brothers are well known as the reputable sons of Onsi Sawiris from the wealthiest Egyptian descents. While his younger brother is the richest man in Egypt, Naguib is ranked second behind Nassef. However, when […]
... written on Feb 13 2019European Union (EU) will disintegrate, the same way the Soviet Union collapsed on 26 December 1991, if the people of Europe refuse to wake up. In his latest and probably last lecture before the elections for the European Parliament in May 2019, billionaire George Soros desperately wants the sleeping pro-Europe majority not to waste time […]
... written on Feb 12 2019Last month, the IMF (International Monetary Fund) lowered its global economic growth forecast for this year (2019) from 3.7% to 3.5%. Now, the organisation has a new warning – prepares for an economic storm. Speaking at the World Government Summit in Dubai, the IMF Managing Director Christine Lagarde said – “We see an economy that […]
... written on Feb 11 2019
