EURO Crisis

The EURO has dipped 20% against USD in just 2 mths. What a sad thing… seems like my salary and saving are slashed 20% if converted to Malaysian Ringgit. The tumbling of PIIGS has dragged the whole EU down. Germany and France have to blurt out astronomical figures to try salvaging the crisis, it pissed off many taxpayers. Now who can say the idea of regional single currency is invincible?

Middle East countries have idea to implement similar single currency policy. I reckon the crisis keeps them back-off now.

为难

一，终于爆发了，早已预计有此一日。虽然不至于手足无措，但迫不得已还被牵连在内，很讨厌也很无奈。想袖手旁观但会伤害十多年的感情，很矛盾。下周一将会有个定断。

二，与一印度公司商谈合作事宜，双方僵持不下。印人出名难搞只推搪责任。既然你不给与合作，我亦无谓为你操心。反正我已对此项目彻底失望。

Financial Regulatory

German Chancellor’s ban on the naked sell came unexpectedly, stirring panic in the European market, worrying any uncertain subsequences may follow. The motion was to curb the speculation during financial turbulence. Many hedge funds expressed their disapproval, saying the short selling is not as serious as people thought, of course they voiced out from their own interest.

This ban should have been imposed long time ago. The speculators abuse it as gambling tools to generate fortune. The ordinary investors are forced to pick up the consequences. The ban wouldn’t be much effective if other major stock markets do not implement the similar measure.

倒数

同事们都定了六月末回国的机票，归心似箭的气氛骤然而生。一种对工作自发的投入感仿佛在同事间逐渐流失，可能大家已厌倦亦了解无法改变累人的政治纠纷。无论如何我还会尽己责至最后一个工作日，之后的工作让别人善后。

倒数回家的日子开始了。

DOW Plummet

8:45pm local time, within 5 minutes! Yes! within 5 minutes! I was watching the Dow Jones Index plummeting from losing 200pt to almost 1000pt and breached the 10,000 level! The market was irrational PANIC! Miracle happened at this moment, the index rebounded swiftly right after. There must be interference from powerful institutions at this critical moment, triggering appropriate mechanism to calm the fear.

I guess the fall will continue unless the Greece Debt crisis comes up with a win-win solution. Probably Greece is too clever (cunning) to balloon up the problem to force EU and the world to salvage their crisis.

My Mood

It’s raining outside…
Like to see the impenetrable thick dark clouds hanging low under the sky, shielding the mountain top.
Like to hear the tinkling raindrops splashing on the ground.
Like the colour of rain-soaked green leafs , it’s soothing but not able to rejuvenate my mood.

Greece Debt Crisis

Eventually Greece has agreed to a bailout deal With EU and IMF. Have expected so, Germany wouldn’t let Greece collapsed or indirectly they’re declaring the death of EURO. The opposition to lend a hand to Greece was loud, over the fact that this EU member has not been abiding the rules and seriously corrupted. They would rather see Greece stepping out from EURO zone, would be good to both EURO and Greece himself, though this will depreciate EURO significantly in short term.

Greek Prime Minister said he would do anything to avoid the country going bankrupt. He urged Greeks to accept “great sacrifices.” The recently amended law allows Greece citizen to retire at as early as 50/55 yr old, with 80% monthly salary for 36 yrs. I don’t have to be an economist to tell this shit policy will bring the country economy to hell. Stern austerity measures must be enforced – to extend retirement age, raising VAT to 23%, freezing salary etc. Meanwhile lots of Greeks complained the 5% interest rate of the EU bailout is far too high. What do you want? There is no free lunch my dear.

Meanwhile Spain’s unemployment has reached the alerting 20%! Another bomb would be detonated anytime. The economy of Spain is the 4th largest in the EURO zone. The bailout would be much more costly than Greece. Hard to believe Europe economy is recovering yet.

First of May

First of May, known as Labour Day in many countries. What does this day celebrate? The labour market is cruelly competitive. Lower class labours struggle to meet the very basic needs of daily life, while higher management manipulates politics to seize power and fortune.

The longer I stay in this country, I realize better the general capability and capacity of labour market here. Qualified personnel and skilled manpower are hard to obtain. My director said I had set the standard too high. Maybe he was right, I shouldn’t compare the standard at par with Asian markets.

破镜重圆

某人酒后吐真言或是借酒行凶不重要，反正已将呈现裂痕的镜子狠狠地敲碎。很不舒服，根刺难以再拔除。破镜无论如何重圆始终会将倒影瓜分。天下无不散的筵席，迟早的事宜。我想续约的决定可能已是个错误。

Next Job

Have extended 2 months contract for the on-going projects till end Jun-10. All of us most likely will leave this country for good thereafter. Colleagues start looking for new job, wherever it will be as long as conditions are right.

I receive an offer, but it is still in the initial negotiation stage. The job site is in South East Asia, will be kicked-off very soon. Which means immediate transfer is requested if I’d be employed (my conditions seem too costly for them). Instead I plan/ wish to have a few months rest in between jobs.

Meanwhile, a friend in Australia invites me to start a restaurant business in Sydney. Sounds not bad… I like the city, but I have zero experience in this field. For future and longer term planning, it might be a good move. On the other hand, the working hours are long and the freedom will be very much restricted. Am thinking, do I really have to start from zero again? After all these whiles working in the projects, I can’t imagine if this new business would suit me.

Still too early to decide…

South & North Korea Conflict, what next?

A South Korean’s navy ship sank at the disputed water at Yellow Sea last month, heighten the tense relationship between the North and South Korea. 46 sailors on boards were killed. Case is being investigated, alleged torpedo assault from North Korean’s submarine. Pyongyang has denied involvement.

Let’s speculate, what if Pyongyang tells lie, South Korean’s immediate military revenge would probably be activated though some analysts bet otherwise saying that South Korea can’t afford to harm the export driven economy. US and Europe for sure would standby Seoul. A good excuse to eliminate the nuclear facility in North Korea, and to emancipate the long suppressed communism in the name of humanitarian.

I guess Pyongyang’s traditional ally, China would try to dissolve the dispute peacefully and prevent possibility of war eruption. The main reasons would probably be shunning off US influence in the region, or maybe keeping North Korea to counterbalance the power of Japan and South Korea. For whatever reason it might be, Beijing can’t provide backup officially.

Leçon de Français

Franchement, je suis tout à fait profiter de la classe de français mais parfois je me sentais la pression d'apprendre une nouvelle langue. Mais il est bon de sortir plus tôt du bureau des œuvres. Après 2 mois, j'ai réussi à comprendre quelques phrases simples et le libellé. Pendant la lecture d'articles en français, il m'aide à comprendre plus facilement. Cela me fait sentir l'effort vaut la peine. Cependant, je dois admettre que cette langue est vraiment compliqué. Pas étonnant qu'il ne pouvait pas être la langue la plus populaire au monde.

Outre de celui-ci, il est agréable de rencontrer d'autres étudiants à travers le monde que je suis l'aîné. Ils sont si polis qu'ils ne m'appelle pas «mon oncle».

(Traduit par Google)

Bangkok Riot

The month-long “Red Shirts” protest has eventually turned riot on Saturday. The supporters of the exiled ex-Prime Minister Thaksin stormed the parliament and several governmental buildings earlier demanding resignation of present Prime Minister Abhisit and re-election. The government declared state of emergency on 07-Apr, and deployed tactics to dismiss the crowds. When the dispute heated up, violence followed.

People’s power is forceful, but could be ruined by a handful of people who has other intention. Who knows the terrorists in the southern Thailand are taking chance to mess up the situation to achieve their own goals? Who knows there are huge mobs waiting to loot the banks and shops?

The persisting tabulating political situation has tarnished the confidence of investors and tourists. If “Red Shirts” would win from this protest, you can’t be sure the equally strong opposition “Yellow Shirts” would organize the similar protest again to fight for their interest.

Just Do It!

Sports news is focusing on the return of Tiger Woods on the green course. Why people is so curious about his affair. This is his own business, why public keeps biting his tail? With his fortune nowadays, he can easily laugh it off. Well, I guess somehow he must bow to his sponsors who keep stuffing chunk of greenbacks into his pockets.

Nike must be glad to have Tiger as their brand spokesman. If you have balls, Just do it!

I Slipped My Tongue

It’s public holiday today in Rwanda, commemorating 1994 genocide.

Yesterday evening, as usual, while saying goodbye to a local colleague, I added “Enjoy your holiday!” He walked out from my room and returned after 5 seconds, said, “I can’t enjoy this holiday.” Oppss… I realized immediately I said something wrong and apologized to him. People is reluctant to recall and talk about this gory incident. Too many sad stories 16 years ago and they are trying hard to forget the past but time is too short to bleach the memory.

Buying House

Sis has made up her mind, with the nod of mom, to look for a new house in KL. She asks me to share buying a new unit, of course I would contribute the bigger part.

She has been searching around for a month, considering factors of convenience, safety, low density, a landed properties etc, in KL, this wouldn’t come cheaper than 200TEUR. I realize that if we don’t buy it now, the price would be rocketing beyond the pace of salary increment and inflation. On the other hand I do not wish to apply hefty loan as I always oppose to “work” for the bank by paying the high interest of 6%-7%.

This would be the main task after finishing my work in Rwanda.

French Lesson

Eventually I have accomplished the French course – Level Beginner 1. The size of the class reduced from the beginning 9 students down to 6 after 2 months. It was fun indeed, atmosphere was good. This language itself is so complicated with lots of rules and exceptions. It is distressing for a person like me who hates memorize all stuffs by hard.

We had a dinner at Chinese Restaurant yesterday, to thank our teacher Angelique. Was a nice gathering, an occasion of cultural exchange. It was interesting to observe personalities from different corners of the world.

Am looking forward to proceed with next Level in mid Apr.

picture: Tobias (German), Teoh (Malaysian), Angelique (Rwandaise), Carlos (Spanish) & Harriet (Kenyan).

Euro Zone

Addressing the economy crisis of Greece, German Chancellor Angela Merkel said there should be mechanisms to allow for the expulsion from the Euro Zone of countries who repeatedly flout fiscal rules. This clause has to be added on the treaty.

I thought this was already a mandatory condition on the EU foundation? Didn’t those regulation enactors have in mind of such cases might happen? Did they really think EU concept was flawless and each member could develop abreast with Germany or France? Or EU was a humanitarian organization?

EU couldn’t afford to salvage the heavy debt ridden members, which in turn will drag down the overall economy. The statement of Merkel definitely doesn’t please some members. She is right. Instead of sinking together, let the poorly performed members re-organizing themselves and assist them as necessary.

Exclusive Interview President Kagame

CNN broadcasted an exclusive interview with Rwandan President Paul Kagame. The questions of Amanpour focused on the alleged unequalled political rights, genocide, press freedom etc. all sort of “prejudiced” opinions from the outside world. President Kagame tried to give a clear statement of his country’s status quo, I doubt most of the audiences would be convinced. Indeed this is a rather safe country to live in, otherwise UN wouldn’t plan to shift its regional head quarter to this country.

Amanpour asked, does reconciliation (after 1994 genocide) need an authoritarian hand? President Kigame didn’t provide a straight answer, said a clear mind is needed. My opinion is – DEFINITELY. In fact the incumbent government is trying hard to impose a disciplined and fairly democratic system. I believed all poor and underdeveloped countries need strong hands to keep the nation integrated and functioning.

Repeatedly President Kagame advised the host not to judge certain issue based on the statement of a handful people, the voices of the 11 million should be listened instead. I think he was too diplomatic to tell Amanpour to do her homework before accusing blindly the country’s policies.

The interview was too short to address the problems in the country. I think it’s rather an advertisement of Rwanda to clear misconceptions to foreign countries.

操心

前几天与雇主商讨了续约的事宜，雇主提议将合约延长两个月至六月。同事们都接受了建议除了我之外。不想呆在这儿了！同事劝我留下保持整体的队伍。

我们聘雇的当地员工知晓后都怀着不安的心情，担心我们的离去也是他们被革职之时，因为他们不属于地头帮分子。一向来我们都把项目上的疑点和违规的勾当呈报给雇主，不晓得他有太多顾虑、受制于人、无能或另有图谋，始终未能清理败絮。这让地头帮更加为所欲为，而我方却束手无策。对如此散乱的管理感到非常失望。算了吧！反正这不是我的公司、也不是我的国家，何必为此操心！

Boring Oscar

I watched the Oscar some days ago. After finishing the show, I realized that for what I wasted my time watching this senseless award presentation event? People talked the same things every year – thank so and so, a wonderful team, excellent script… boring? I don’t know who is who, but I just appreciate good movies. No doubt The Hurt Locker and Avatar are excellent, the foreign movie Un Prophete is good too… Up In The Air, The Blind Side are good to kill time… I need Oscar to tell me which movies are worth for watching.

Foreign Labours

Malaysia imported lots of foreign labours for the jobs they dislike to involve in, mainly the construction and plantation industries, and restaurant service sector. In the early stage, our narrow minded government opened the market mostly to Indonesians because of religion sake. After some years of residency, these immigrants were given a PR status, followed by citizenship. This was the tactic to increase the percentage of Muslim in Malaysia within the shortest period so to weigh up the political influence. Comparatively, other countries offered citizenship to the brilliant mind so to improve the quality of the country, but our stupid politicians apparently had no such vision.

The economy downturn and fear of terrorism have forced several European countries tightening their immigrant policy. The elimination of African illegal immigrants in southern Italy, the ban of burqa in France, and the prohibition of constructing minarets in Netherland have triggered protests.

Bangkok

I spent a night in Bangkok before flying back to Kigali. First of all, I still don’t like the new airport. It is further out from the city, less organized, looks like a huge factory storage.

Bangkok city center especially Silom area has more mega size shopping malls sprouting. As usual, I have visited the famous 4-faced Buddha beside Erawan Hotel. Delicious foods can be found easily. The nightlife at Patpong was lively as usual, every 20m someone would approach and offer me various kind of “entertainment”… well, this is Patpong especially when you are a bachelor strolling alone in the area… ha ha…

Bombs in Kigali

Alert! 6 bombing cases within 2 weeks in Kigali, stirring panic in the city. Grenades were thrown in various spots, the latest was into a public transport. The victims suffered light injuries, news reported. No one claimed to be responsible for the crimes. Speculation said the act was to destabilize the politics and thus influence the coming national election in Aug. Seems that these bombs were just a warning, otherwise a greater destructive explosive would be detonated.

Chinese New Year Vacation

Back to work now after spending 2 weeks Chinese New Year vacation at home. Since this trip was not planned and most of my friends were not informed, basically I spent mostly on eating and sleeping and babysitting my niece and nephews. Have gained some weight swiftly which I had tried hard to get rid off in the past months.

Unwillingly

Went to immigration office this morning trying to extend my work permit, but in vain. Have to leave this country before the expiry on 14-Feb. The officer rejected my request for 1 month extension while waiting for police clearance process from Malaysia. I begged for 2 weeks… 1 week… No! No! No! No more concession granted. I said I would pay for penalty. No! No! No! You must leave.

Frustrated! I had no plan to go home though 14-Feb-10 is the Chinese New Year because I plan to leave this project by end Apr-10. Furthermore time is too short for me to handover my works to someone else. Also I have to skip 6-7 basic French lessons which I’m enjoying a little lately.

PIIGS

Goodness... just sense a hint of global economy recovery, and there comes the news of Europe countries - PIIGS (Portugal, Italy, Ireland, Greece and Spain) are bogging deeper into economy crisis due to spiraling debts. Governments are forced to slash their spending to help contain their annual budget deficit. The worsening situation might trigger greater recession in the region. The question of bailing out these countries would become desperate, would Germany or France able to help? Very very difficult… Very likely before this turmoil is settled, east Europe countries would follow the pave.

Would someone be dropped out from EU eventually? I think the pace of expanding EU zone is far too fast considering some poorer members are not ready to catch up the infrastructures needed to develop along with the western members.

Comparing to BRIC (Brasil, Russia, India and China) that group the strong growth countries, the name of PIIGS is humiliating.

Shit, EURO has dropped drastically recently. I have told all my friends to invest on US Dollar since months but I don’t have the saving to gamble on it.

Driving In Kigali

What a blessing… yesterday’s rain has swept away the heat that grilled Kigali in the past week. Somehow it caused traffic jams in the city for unknown reason. I had to detour and reached home ½ hr later for just a distance of 7km.

Though the traffic queue was long, but rarely some undisciplined drivers jumped the queue from the opposite lane. They deserved a credit!

Day before my car broke down in front of a restaurant, it was too heavy to push. It barely left enough space to let other car passing through. Eventually a gentleman assisted me to tow my car, but we blocked the road for a few minutes. A snobbish idiot blared its horn CONTINUOUSLY signaling us to give way. Axxhole!!!

Earthquake in Kigali

Minor earthquake shook Kigali in the midnight, twice. I was wakened, felt like someone shook my bed, but I thought was just a dream. But my colleagues who stay on the higher floors felt vigorous shaking. They said dogs in Kigali were howling, many residents ran down to the open space… I was not aware at all. Maybe a volcano in the region will erupt soon.

人在江湖

逐渐体验到人在江湖身不由己的处境。我不耍心机、不计算他人，奈何却未能阻挡暗箭。整个佈局我只是一颗棋子。若我抽身离去将会影响部分的运作令到同事的负担雪上加霜。友说我蠢，何必为公事太执著？我想这是因为自我要求过高及珍惜现状的团体精神。友劝亦应学习如何放手。