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Archive for the ‘World’ Category
Greece on a knife edge

Greece on a knife edge

It is exactly five years since Greece joined the European Support Mechanism with the close cooperation of the International Monetary Fund (IMF). At that time, the key and critical financial data were the following: GDP amounted to 222.151 billions dollars at the end of 2010. The public debt was 148.3% as a percentage of GDP.... 

Japan’s remilitarisation – A gamble the Americans going to regret

Japan’s remilitarisation – A gamble the Americans going to regret

In its obsession to contain the rise of China as the next superpower in Asia, the Americans are pulling out all stops to block and contain China. It has reached a point that it has to use its last trump card, a militarized Japan. The memory of Pearl Harbour is forgotten or swept under the carpet. A militant Japan is a safer... 

HoHoHo Do Temasek, GIC know their private equity bills?

HoHoHo Do Temasek, GIC know their private equity bills?

We obviously don’t know how much the private equity firms charge Temasek and GIC or if they offer us value for money (like our millionaire ministers like RI boys Yaacob and Hng Kiang). For this thank the sheep 7o%: but do PM, Tharman, the president, and our SWFs know? The Auditor-General should not be wasting his time on... 



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