Venezuela has the largest oil reserves in the world and yet the country is in a major crisis, not only from the aspect of the economy but also socio-political. It has now become one of the biggest economy refugees with almost 4.5 million of its population leaving the country due to economic hardships. Image source: Statista
Read More »Economy 101: Venezuela – Lessons Learned, Spoon Feeding Failure
(What we see whenever the Government increase the price of essentials like petrol and ask the taxpayers to change their lifestyle – a burden that we are willing to share provided the Government does the same. Image source: http://patriotpost.us)
I have been quite busy with work this week and the recent news from tanahair did not sound that good too. From the massive water disruption in the Klang Valley on Merdeka Day to the petrol hike from the BN Government and to my son have a bad cough for the last few days.
Photo caption: Sunlight illuminated the lingering oil spill off the Mississippi Delta on May 24, 2010. The Moderate-Resolution Imaging Spectroradiometer (MODIS) on NASA’s Terra satellite captured this image the same day. Image source: Wikipedia
(Are we going to keep crossing fingers when making promises and signing formal agreements? image source: www.cipicchia.wordpress.com)