Investing & Trading
Get ready for a spike in crude oil prices. Shortly after the U.S. State reaffirmed the Trump administration’s goal of reducing Iran’s oil exports to zero by November 4th, Iranian President Hassan Rouhani warned Tehran could retaliate – by disrupting oil shipments to neighbouring countries. Although Iran didn’t elaborate on such plans, it isn’t hard to […]
... written on Jul 06 2018European Union (EU) had a trade surplus of 120 billion Euros (US$139.6 billion) with the U.S. in 2017. The most exported product from the EU to the U.S. is cars. Hence, Trump doesn’t need to become a rocket scientist to know where to hit the Europe. When the U.S. president threatened to target European cars with […]
... written on Jul 05 2018President Donald Trump had walked away from the Paris climate agreement. His administration had also announced the U.S. was leaving the United Nations’ Human Rights Council. If you think those were the craziest decision a United States president had ever made, think again. There’s no limit as to what the 45th President of the United States […]
... written on Jul 01 2018Australia is one of foreign countries which many perceive to be squeaky clean, at least its Southeast Asia neighbour thought so. It was quiet a news when Prime Minister Malcolm Turnbull accused the alternative prime minister, Bill Shorten, of taking “backhanders” when he was a trade union supremo. But when Turnbull himself was dragged into […]
... written on Jun 26 2018China, if not stopped in time, will absolutely become the world’s new leader in technology. It’s a public knowledge that China is working tirelessly to catch up with rivals like the United States and Germany in high-end technology. Enter “Made in China 2025” – a strategy plan to move the country’s manufacturing up the value […]
... written on Jun 25 2018Exactly how much OPEC will increase the oil production is still a question mark. However, OPEC ministers announced a deal that is likely to add around 600,000 to 800,000 barrels a day to the market. That would be the first increase oil supplies from the producer group ever since the cartel cut production of 1.8 million […]
... written on Jun 24 2018One of the most gratifying things in the world is to work for yourself. Owning your own business, while it can be stressful, is meaningful because the effort you put in helps you personally, rather than building something for someone else. The key is that you must choose something that you are passionate about. […]
... written on Jun 22 2018The rivalry between Saudi Arabia and Qatar appears to have entered a point of no return. For more than a year, a Saudi-led bloc has staged a boycott of Qatar, accusing the tiny but gas-rich Persian Gulf state of sponsoring terrorism and committing other menaces. However, Qatar has proven to be a tough nut to crack […]
... written on Jun 22 2018Donald Trump’s favourite game of forcing China into obedience is slapping tariffs on Chinese goods. Like it or not, the U.S. president will most likely win the game simply because Beijing enjoys US$375 billion trade surplus with the U.S. Trump has repeatedly highlighted China’s US$375 billion surplus with the U.S. as evidence of an unfair trade […]
... written on Jun 21 2018Last Friday, President Trump declared that the U.S. would slap 25% tariffs on up to US$50 billion worth of Chinese goods. The justification was that the Chinese must be punished for its theft of IP (intellectual property) and other unfair trade practices. Trump warned that his government could impose additional tariffs if China retaliates with duties […]
... written on Jun 19 2018
