Tuesday, September 23, 2008

The world for the past 2 weeks

It's certainly has been roller coaster weeks in the world. As the crunches on the world's financial industry still in the buzz of collapsing of Lehman's Brothers (I only know this company after the news hit the headline haha...) and the Feds 85B USD bailout for AIG, we were struck with the Pakistan bombing of Marriott hotel, then the alarming issue of melamine tainted milk from China.
Unlike decades ago, the effect of each single news itself has damaged lots of aspects in the whole world thanks to the globalization.
Stock market around the world closing at much much lower rate, every single day after the Lehman's Brother's news, and even worsen after the AIG news the next day. Lots of people were queueing and till today are still queueing in front of AIA building to cash out their policies. For Singapore, MAS even had to intervene by issuing statement to ease out public mode. And, now investors and analysts are concerned how long is the 85B bail out going to last and many suspects that it's just a temporarily.
Meanwhile, lots of dairy products contained dairy substance from China have been recalled and pull out from the shelves in any supermarkets across Asia. Even the dear country of Indonesia is pulling out the milk from the supermarket shelves (do they really do it.. that's another different issue). 4 babies had died from the melamine tainted milk and many has been diagnosed with kidney stones and now entering to the worsen condition. The news now revealed that the Sanlu has actually awared about this issue since Dec 07, despite of the New Zealand company's acknowledgment of their awareness of the issue since Aug 08. Only greed prevents people on the top to take any preventive actions and they'd rather let babies die out of kidney stones so they can have their performance bonus. And now, are they really going to get their bonuses?
Moving on, on top of the issues above, the Marriott bombing in Pakistan seems to be not that big of news. Sure, lots of people die there and this fact is very disturbing that people can just take other people's life just to make a statement. But this has happened before, the extremists seem to like Marriott for the target because it's American company, their nemesis.
More devastating news to come, lots of natural disaster happening around the world. Focus now is in US, the hurricane Ike which was said to be worse than Katrina. And on top of that, there're also mud slides, storms, floods, etc.
So, on top of all the depressing and stressful news everyday, it's just mean 1 thing. The increase demand of supply of anime and J-drama to distress...

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