Taxes
With friend like the United States, Canadians and Mexicans do not need enemies. President Donald Trump has finally made good on a campaign promise to raise tariffs on almost everyone – both friends and foes. First, he slapped a 25% tariff on all goods imported from Canada and Mexico, except Canadian oil and energy products, […]
... written on Feb 03 2025He gave away public funds to the tune of RM100 million to Palestine, but no one knows who actually got the money as banks were destroyed in Gaza during the war. He was globe throttling using taxpayers’ money to lobby the Arabs to stop Israel’s relentless assault, but he was bumped to last row during […]
... written on Jan 31 2025For decades, China has been accused by the United States and several of its allies of economic espionage and intellectual property (IP) theft. It was claimed that Chinese IP theft has cost the U.S. about US$225 billion to US$600 billion a year. Besides stealing IP, China was also accused of demanding technology transfers in exchange for market access. […]
... written on Jan 29 2025When Anwar Ibrahim proudly announced RM170 billion investment commitments from China in March 2023, just a few months after he became the 10th Prime Minister of Malaysia, he received praise with high expectation that the country would receive a massive boost to its economy. He visited China again in September the same year, and again […]
... written on Jan 23 2025Hours after his inauguration on Monday (January 20) as the 47th President of the United States, Trump signed close to 100 executive orders. He orders the U.S. to quit the World Health Organization (WHO) as his most trusted lieutenant, Tesla and SpaceX boss Elon Musk, gave a one-armed gesture during a speech celebrating the crowning […]
... written on Jan 21 2025Stocks dropped almost 700 points on Friday (Jan 10, 2025) – effectively pushing all major benchmarks into the red for the New Year 2025. The Dow Jones Industrial Average (DJIA) lost 696.75 points or 1.63% to close at 41,938.45, whilst S&P 500 and NASDAQ lost 1.54% and 1.63% respectively. What caused the bloodbath? The short answer – […]
... written on Jan 12 2025Mark Zuckerberg has been ridiculed and mocked for suddenly sucking up to Trump. The Meta billionaire was terrified after Trump, who recently threatened to “jail him for life” if he ever crossed him again, won re-election. In fact, the Facebook owner was so afraid that he donated US$1 million to the President-elect‘s inaugural fund as he scrambles […]
... written on Dec 18 2024As recently as November 8, days after Donald Trump’s victory, White House press secretary Karine Jean-Pierre rubbished a pardon or clemency for President Biden’s son, Hunter. She said – “We’ve been asked that question multiple times. Our answer stands, which is no”. In June, at the G7 summit in Italy, Joe Biden personally said – […]
... written on Dec 02 2024Fresh from being elected as the 47th U.S. President, Donald Trump has moved at lightning speed in forming his team. His new Cabinet features younger faces and fresh ideas, with heavy representation from the business world. Crucially, the Trump 2.0 shows less influence of the GOP establishment than his first Cabinet. And despite accusation that […]
... written on Nov 29 2024Long before Donald Trump seeks re-election to redeem his humiliating defeat to Joe Biden in the 2020 Presidential Election, Beijing knew the strategic competition between both nations will be a long war. Even if China has zero interest to compete with the U.S., the Americans simply cannot take the risk as they have been the […]
... written on Nov 23 2024