Taxes
When Standard & Poor’s (S&P) lowered America’s AAA credit rating on August 5, 2011 after the 2011 debt ceiling crisis, very few thought it would take another 10 years before Fitch became the second major rating agency to do the same in August 2023 – downgraded United States of America’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to […]
... written on May 20 2025After just two days of talks (it was not even a negotiation), an agreement – despite a 90-day validity – has been reached between the United States and China in Switzerland. The best part is President Donald Trump is still waiting for a call from President Xi Jinping. That alone speaks volumes who actually has […]
... written on May 13 2025Desperate for Chinese and Indian votes, former backdoor Prime Minister Muhyiddin Yassin has suddenly shifted his “Malay First” to “Malaysian First” stance to hoodwink non-Malay voters. On the other side, UMNO Youth Chief Akmal Saleh, desperate for Malay votes, has declared he is “Malay First” rather than “Malaysian First” in his attempt to hoodwink the […]
... written on May 08 2025China and Canada might have their own mini trade war going on, where Beijing slapped a 100% tariff on Canadian canola oil, oil cakes and pea imports, and a 25% duty on aquatic products and pork effective March 20, 2025. It was in retaliation for Canadian 100% tariffs on Chinese electric vehicles (EVs) and 25% […]
... written on May 06 2025President Donald Trump’s plate is full with problems. Last year, a survey of more than 150 historians ranked him as the worst President in the 232-year history of the United States – scored 10.92 out of 100. But his supporters, who have yet to see the consequences of Trump’s tariff war against the entire planet, would praise him as […]
... written on May 03 2025Xi Jinping’s refusal to call Donald Trump despite the White House’s begging was not the only thing that shocked the U.S. president. Other world leaders, like Malaysia Prime Minister Anwar Ibrahim, who is still lobbying for his first phone call after the POTUS had calls with almost all leaders in the Southeast Asia except him, […]
... written on May 01 2025Japanese Yakuza have a unique form of extortion known as sōkaiya. Instead of harassing small businesses for protection money, the yakuza harasses the stockholder meetings of large corporations. But that was a big mistake, forcing the introduction of anti-organized crime law in 1992 and 2011. As a result, the mobsters were forced to go underground, […]
... written on Apr 21 2025Rosmah Mansor, wife of disgraced former Malaysian Prime Minister Najib Razak currently in jail for corruption, would be fuming mad if people on the street could easily own and flaunt Hermès Birkin handbags. The Imelda Marcos of Malaysia owned hundreds of luxury bags, and her most favourite was the tote bag introduced in 1984 by […]
... written on Apr 17 2025Beijing has called U.S. President Donald Trump’s tariff strategy “a joke”, irritating U.S. Treasury Secretary Scott Bessent. Incredibly upset, the clueless and incompetent Bessent has denied it was a joke. At the same time, the arrogant man is desperately pushing for a negotiation, any negotiations, to start between his boss and Chinese President Xi Jinping. […]
... written on Apr 15 2025Less than 24 hours after Beijing slapped a 125% tariff on all types of American goods going into China in retaliation, President Trump has started showing weakness when he scrambles to undo some of his self-inflicted damage. The U.S. – in yet another embarrassing U-turn – has now exempted smartphones and computers from reciprocal tariffs, […]
... written on Apr 13 2025
