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Trump Says Biden May Need Psychiatric Help

Never the one to shy off from making his views heard, US President Donald Trump has come out all guns blazing against Democratic presidential nominee, Joe Biden.

While addressing a mainly mask-less Pennsylvania crowd, Trump castigated Biden for wearing one, asking his audience ‘if they know a man that likes a mask as much as Biden.’ 

Just when the crowd thought Trump was finished with Biden and that he had drawn enough blood, the President continued, suggesting that ’It gives him a feeling of security. If I was a psychiatrist, I’d say this guy has some big issues.’

President Trump has what it takes to play dirty with the best of them all, but do you think Joe Biden can match him blow for blow?

New Supersonic Air Force One to Fly Twice the Speed ofSound

It seems that being one of the world’s most sophisticated jets is not enough for Air force One if the looming upgrades are anything to go by. 

The flying fortress that carries the most powerful man on the planet currently travels nearly at the speed of sound.

Now, the Pentagon has set plans in motion for a new presidential jet that could fly at twice the speed of sound!

On Monday, 31 August, the US Air Force Presidential and Executive Airlift Directorate announced a 2-year contract for the aviation company Exosonic to develop a plane that can fly at supersonic speeds.

According to a tweet by the Air Force’s Life Cycle Management Center, ‘the contract is aimed to develop a low-boom supersonic executive transport aircraft that will allow key decision-makers and teams to travel around the world in half the time it takes now!’

We are living in exciting times, aren’t we?

Rare Meeting of Rival Palestinian Factions Over Israel-UAE Deal

With the UAE and Israel move to normalize ties, it was only a matter of time before perennial enemies crawled out of the woodwork to voice their disapproval.

On Thursday, Mahmoud Abbas, Palestinian President, had a rare meeting with rival factions as they portrayed a united front against the developing relationship.

Held via video-conference, the meeting was attended by Ismail Haniyeh, Hamas chief, and Ziyad al-Nakhalah, the Secretary-General of the Islamic Jihad.

Palestinians have denounced the Gulf nation’s ‘normalization’ deal with Israel and see it as ‘a betrayal likely to weaken a long-standing pan-Arab position that calls for Israel to withdraw from occupied territory.’

There has been no love lost between Abbas’s secular Fatah wing of the Palestine Liberation Organization and the Islamist Hamas, and they have been embroiled in years of in-fighting.

Doesn’t the fact that they have come together so quickly following the UAE-Israel deal tell you the level of hatred they harbor for Israel?

Rich Asians Hoarding Cash for Post-Coronavirus Deals

Asia’s wealthy are ready to cash in on chances in private equity and financial markets once the COVID-19 effect subsides.

According to Joseph Poon, the head of private banking at DBS Group Holdings Ltd., the largest lender in Southeast Asia.

Poon noted that clients have upped cash holdings to around 40% of their portfolios in recent months, from around 30% post-coronavirus. 

While the unit doesn’t reveal assets under management, they are part of DBS’s $184 billion broader wealth platform, among the biggest in Asia.

Referring to people with investable assets amounting to at least S$30 million, Poon stated that ‘clients are holding a lot more cash than usual. It’s a very interesting phenomenon. Ultra-high-net-worth clients believe there will be a good opportunity in the marketplace once the pandemic impacts have flown through the economy.’

UK Vehicle Sales Stumble in Setback to Summer Recovery

Bad news for the auto industry in the UK as new-vehicle registrations for the month of August dropped 5%.

This dip is a step back for the sector, which had shown signs of resurgence after the coronavirus-induced sales slump.

This slump is based on information released by the Society of Motor Manufacturers and Traders (SMMT), and it arrives hot on the heels of the country’s first monthly gain of this year in July.

However, it has not been all doom and gloom as there is a silver lining for the auto industry where the electrified car sector has experienced double sales over the previous year, and auto-makers now boast of 83 full electric and hybrid models on sale across the UK.

Interestingly, the SMMT has previously warned that the UK’s exit from the European Union will affect carmakers. Do you think this warning is coming true, going by the recent events?

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