Category: Business & Finance
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Understanding the Overnight Policy Rate in Malaysia and Its Impact on Home Loans
The Overnight Policy Rate (OPR) plays a crucial role in Malaysia’s financial landscape, affecting everything from home loans to the broader economy. As recent changes have significantly impacted the OPR, it’s essential for Malaysians to understand its implications on their finances and the nation’s economic health. This article explores the Overnight Policy Rate and its…
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Embracing Financial Minimalism: The Path to True Abundance
In our relentless pursuit of wealth and material success, we often fall into the trap of believing that more is always better. More money, more possessions, more investments – the list goes on. But what if we’ve been looking at it all wrong? What if the secret to financial abundance lies not in accumulating more,…
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The Middle Class and the Illusion of Luxury
In today’s world, luxury fashion brands have trained us to believe that flashy logos and obvious branding mean high quality. However, the truly wealthy tend to prefer minimalism, quality construction, and perfect fit over instantly recognizable status symbols. While mainstream luxury companies like Gucci and Louis Vuitton cater to the middle class consumer’s desire for…
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New UK Tax Rules Targeting the Gig Economy: What Freelancers and Side Hustlers Need to Know
The UK government is introducing new tax regulations in January 2024 that will directly impact freelancers, independent contractors, and anyone with a side hustle. These rules aim to increase transparency around gig economy income and reduce potential tax evasion. As online platforms make it easier to earn money outside of traditional employment, understanding these tax…
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Are We Witnessing The End of The American Empire?
Throughout history, empires have risen to great heights only to eventually decline and collapse, from the British Empire to RadioShack. The United States has risen over the past century to become the dominant global superpower. However, there are now signs that America may be going down a similar path of decline. In this article, we…
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The Next Economic Crisis is Coming: How History Repeats Itself and Government Keeps Printing Money
The next economic crisis is coming, and if you want to understand the situation and prepare yourself, then this article can be a good start. Today I will summarize a book called Second Chance written by Robert Kiyosaki. Kiyosaki is one of the few people who correctly predicted the 2008 financial crisis. During a crisis,…
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The Billion-Dollar Currency of Airlines: How Loyalty Programs Have Taken Flight
In the wake of the COVID-19 pandemic, airlines found themselves in dire financial straits, seeking loans to stay afloat. What’s surprising is what they offered as collateral—loyalty programs worth billions. In this article, we’ll delve into the fascinating world of airline loyalty programs, examining their financial significance, and how they have become like central banks…
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7 Essential Steps Building Wealth on a Modest Income
Welcome back to “No Money Today.” In this article, we’re delving into a topic that concerns many individuals—building wealth on a small income. Have you ever wondered why so many people choose to go to college or university? Often, it’s to fulfill their parents’ desires or secure a stable, well-paying job. But what if you…
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PE Global Bazaar Update October 2023
Greetings from Polymer Bazaar! Today, on October 3rd, 2023, we are excited to bring you the latest edition of our daily video news, sponsored by Suak Enterprise, a renowned polymer trading company in Aabad with over two decades of experience. In this article, we’ll delve into the PE Global Bazaar and the unfolding developments in…
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The Art of Crafting the World’s Most Expensive Gold Bars
Gold, the mesmerizing metal that captivates hearts and sparks dreams, is more than just a precious metal; it’s a symbol of wealth and mystique. In this article, we delve into the fascinating world of gold production, exploring the intricate process of crafting the world’s most expensive gold bars. From refining to the final casting, each…
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The Art of Money Laundering: Unveiling the Three Vital Stages
Money laundering is a global phenomenon that entices criminals from various backgrounds, including corrupt politicians, drug cartels, and alimony deadbeats. In this article, we will dissect the intriguing world of money laundering, focusing on its three crucial stages: placement, layering, and integration. These stages are the keys to transforming illicit funds into seemingly legitimate assets.…
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Big Tobacco’s Dirty Secret: The Illicit Trade and the Influence of Major Players
The tobacco industry is a behemoth, raking in nearly 35 billion dollars in profit every year. It’s a colossal industry, but beneath its glossy exterior lies a sinister secret – the illicit trade of tobacco products. This blog post delves into the murky world of tobacco smuggling and uncovers the influential role played by major…