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Desert Pundit: January 2006
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Saturday, January 28, 2006. Early yesterday morning, I left the lovely (but cold) Kyoto, took a fast train to Kansai International Airport, and took a flight to Kuala Lumpur, Malaysia, I arrived here in early evening, and the change is absolutely dramatic. Posted by Desert Pundit @ 7:47 PM. Thursday, January 26, 2006. I hope that I am wrong on this, but this event has finally solved dilemma for me, when I get back to Dubai, I will start the application process for immigration, which I long resisted. ...
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Desert Pundit: November 2005
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Tuesday, November 29, 2005. Massacre on the trading floor! The last couple of weeks has been brutal for the stock markets in the UAE. Yesterday (Nov. 28) alone, the Dubai market went down more than 3%, the cumulative losses to date approaches 15%, the correction is well underway, and the trend is continuing! I think there are several deficiencies in this market that are making it more exposed to wild swings and boom and bust cycles. Second, the physical setup, open cry and current broker system encourage...
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Desert Pundit: December 2005
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Thursday, December 29, 2005. I am in planning madness zone, as I decided to make the long-delayed trip to Asia, spending 20 days, 10 days in Japan (which will be bitterly cold) and then 10 days in the tropical paradise that is eastern Malaysia. I will be leaving town on January 17th, returning only on Feb. 6th, and my vacation continues until Feb. 14th. Yeah, you might as well go for broke! Posted by Desert Pundit @ 2:23 AM. Tuesday, December 20, 2005. Posted by Desert Pundit @ 5:38 AM. Yesterday I was l...
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Desert Pundit: February 2006
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Sunday, February 26, 2006. I recommend the story in NY Times magazine about how the former mouthpiece of the Taliban is attending undergraduate college at none other than Yale University. Here is a link to the story. Posted by Desert Pundit @ 10:27 PM. Saturday, February 25, 2006. Everyday I wake up in this region, my region, I am still amazed how the tangled web of craziness, brilliance, fanaticism, ignorance, brutality and grace weaves itself around us. It saddens me to see my people angry, misinformed...
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Desert Pundit: March 2006
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Wednesday, March 29, 2006. Quick comment on Israeli elections. It is very interesting to note the surprising victory of the Pensioners party, a single issue party that was formed less than 45 days before the elections. The party has only one declared position, that of giving every Israeli citizen a pension. It has declared no position on the Israeli-Palestinian conflict and its leader is an enigmatic ex-spy who was protege of Sharon. So much for advanced democracies. Posted by Desert Pundit @ 3:55 AM.