Archive for January, 2016
Angela Merkel was named Time magazine’s Person of the Year 2015 for her excellent work in bringing 1-million asylum seekers to the Germany. Coincidently, after she got the title from the magazine, she pledged that she will “markedly reduce” the number of migrants entering Germany this year (2016). She has declared that “we will manage it” […]
... written on Jan 05 2016According to Chinese astrology, 2016 is the Year of the Fire Monkey where the Lunar New Year or Chinese Spring Festival will be celebrated on Feb. 8, 2016. Technically, it is still the Year of the Sheep until Feb. 7, 2016. But it seems the mischievous monkey couldn’t wait and has started playing with fire. If […]
... written on Jan 04 2016For the first time in 40 years, a ship loaded with U.S. crude oil set sail for foreign shores Thursday. The mission: to sell the black gold to an international trading company Vitol Group, a Dutch oil-trading powerhouse. The Bahamian oil tanker – Theo T – departed from the Port of Corpus Christi, about 160 miles […]
... written on Jan 04 2016Dubai, with a population of roughly 2-million, is the largest city of the United Arab Emirates (U.A.E.) and has worked tirelessly to build itself as a major financial hub, investment destination and major tourist magnet. To be precise, it weren’t the people of Dubai but the lowly paid foreign South Asian workers, mostly from India, […]
... written on Jan 02 2016Brent Crude Oil is trading just slightly above US$36 a barrel, forming a resistance-support at US$38-US$36 level. If today is somewhere June-2014, roughly one and a half year ago, and I were to tell you that global oil prices would tumble by 50% to US$60 a barrel; you would probably laugh to your death. Likewise, […]
... written on Jan 01 2016
