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Friday 11th of August 2017 |
Morning, Africa |
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If you are tracking the NSE Do it via RICHLIVE and use Mozilla Firefox as your Browser. 0930-1500 KENYA TIME Normal Board - The Whole shebang Prompt Board Next day settlement Expert Board All you need re an Individual stock.
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Wikipedia has an article on: halcyon days Etymology[edit] Africa |
From Latin Alcyone, daughter of Aeolus and wife of Ceyx. When her husband died in a shipwreck, Alcyone threw herself into the sea whereupon the gods transformed them both into halcyon birds (kingfishers). When Alcyone made her nest on the beach, waves threatened to destroy it. Aeolus restrained his winds and kept them calm during seven days in each year, so she could lay her eggs. These became known as the "halcyon days," when storms do not occur. Today, the term is used to denote a past period that is being remembered for being happy and/or successful.
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12-SEP-2016 :: Mirrors on the ceiling, The pink champagne on ice Africa |
A lot of risk calculations are based on Value at Risk (VAR). Essentially, you overlay a volatility measure over the portfolio, and you calculate how much money is on the line. Central banks have suppressed volatility therefore in real terms; investors are now holding bigger positions at these current artificially suppressed levels. If volatility spikes, positions are going to be reduced en masse. Or to put it another way and to borrow the lyrics from the Eagles Hotel California:
Mirrors on the ceiling, The pink champagne on ice And she said “We are all just prisoners here, of our own device” Last thing I remember, I was Running for the door I had to find the passage back To the place I was before “Relax,” said the night man, “We are programmed to receive. You can check-out any time you like, But you can never leave! “
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31-JUL-2017 :: "In some sense we are extragalactic visitors or immigrants in what we think of as our galaxy." Africa |
I learnt last week that nearly half of the atoms that make up our bodies may have formed beyond the Milky Way and travelled to the solar system on intergalactic winds driven by giant exploding stars.
“Science is very useful for finding our place in the universe,” said Daniel Anglés-Alcázar, an astronomer at Northwestern University “In some sense we are extragalactic visitors or immigrants in what we think of as our galaxy.”
Rumi said “We come spinning out of nothingness, scattering stars like dust.”
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Possessed! The powerful aliens that lurk within you @newscientist Africa |
YOU’VE got aliens inside you. It sounds crazy, and for nearly a century science steadfastly refused to believe it. Mitochondria, tiny bodies that swarm inside almost every one of our cells and supply them with power, are actually descendants of a separate life form: a free-living bacterium probably not unlike many of the little terrors that surround us today.
Although the idea of this merger is now widely accepted, it continues to be seen through biased eyes. The hapless mitochondrial ancestor was enslaved, so the story goes, its once proud genome reduced to a few genes and its job limited to the provision of energy. Autonomy? Long gone. It’s as if we were trying to pretend this side of our family tree never existed.
But these residents are becoming increasingly difficult to ignore. Far from being passive power plants, it seems mitochondria influence some of the most important aspects of human life – from memory and ageing to combating stress and disease. They even have influence over the DNA in your cell nuclei, and change and evolve during your lifetime, giving you an unexpected source of adaptability to cope with a world in flux. Given what we are now finding out about the extent of mitochondrial activities, you might be forgiven for feeling a bit possessed.
Found in almost every cell of every multi-celled life form on the planet, mitochondria are lozenge-shaped organelles no more than 1 micrometre in diameter. We inherit ours from our mothers in the cytoplasm of the egg from which we develop.
Political Reflections
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18-APR-2017 :: Gold has the potential to go "nuclear" Law & Politics |
The purest geopolitical proxy in the markets is Gold. As Ben Bernanke once said People hold gold “As protection against what we call tail risks: really, really bad outcomes.” Gold closed the week at a six month high of $1,285.00 and has the potential to go ‘’nuclear’’
#NORTHKOREA VOWS TO MERCILESSLY WIPE OUT THE PROVOCATEURS. SAYS U.S. WILL SUFFER A SHAMEFUL DEFEAT: KCNA
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29 NOV 10 :: 'The Hermit Kingdom' Law & Politics |
Did you know the South Korean President has a military war room and an economic war room and they say he spends more time in the economic war room.
The Tape is your Telescope’ and it is. And I follow all kinds of tapes and one of the tapes is the South Korean Stock Market called the KOSPI. About 5 working days before this blew, someone sold more than $1b worth of South Korean equities seconds before the close. Who was that? Not one commentator has connected those dots.
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29 NOV 10 :: "The Hermit Kingdom" Law & Politics |
FAR away in distant lands lies the Hermit Kingdom. This land is ruled by The House of Kim and its capital is Pyongyang. The first and ‘Eternal’ President was Kim Il-sung and his successor Kim Jong-il whose designated successor is Kim Jung-un. They all have had tiny little hands like the Elves in the Elves and the Shoemaker.And this country has nuclear weapons and on its border with its neighbour South Korea sit 25,000 American soldiers. Last week the North shelled the South and issued all kinds of threats. “The DPRK (North Korea) will deal a merciless military counter-attack at any provocative act of intruding into its territorial waters in the future.’’ President Obama sent the USS George Washington to the Yellow Sea and now here we sit watching developments and trying to model what is happening and what might happen? In reality, we are actually navigating in uncharted waters. The media keeps chanting like a mantra, China will rein North Korea in. It is not in their Interests to have a mad dog like North Korea as an ally. And whether its the BBC, The New York Times or Radio France. I venture this is an embedded narrative fallacy and that most Western commentators are apparently popping Qaaludes. Let me tell you why. China is taking a much more forward position and particularly in Asia, its near abroad. I believe North Korea is the perfect instrument [the Attack Dog] for China to show those who choose to operate outside their sphere of influence [and by extension, in the US’] that there will be a very heavy price to pay.I venture that the Chinese are quite happy to see those 25,000 US soldiers run right into the sea and we need to grow up [as does the media] and see it for what it is. North Korea and China see a weak and tottering President Obama and this flashpoint represents the beginning of a roll back of US Power. And you know the battlefield is not just the military one. Its a financial one as well. Did you know the South Korean President has a military war room and an economic war room and they say he spends more time in the economic war room. Think about that for a moment. By this time, you know I consider one of the finest books about trading and economics one written by Edwin Lefevre called Reminiscences of a Stock Market Operator and in that book he says ‘The Tape is your Telescope’ and it is. And I follow all kinds of tapes and one of the tapes is the South Korean Stock Market called the KOSPI. About 5 working days before this blew, someone sold more than $1b worth of South Korean equities seconds before the close. Who was that? Not one commentator has connected those dots. Just because China does not flex its ability does not mean it cannot. If you have the power to do something and have not that does not make you less powerful.
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05-DEC-2016 :: "We have a deviate, Tomahawk." Law & Politics |
From feeding the hot-house conspiracy frenzy on line (‘’a constant state of destabilised perception’’), timely and judicious doses of Wikileaks leaks which drained Hillary’s bona fides and her turn-out and motivated Trump’s, what we have witnessed is something remarkable and noteworthy.
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15 AUG 11 :: Soft Power #Qatar and @AJENews @AJArabic Law & Politics |
What I want to look at is Aljazeera and how it is a preeminent example of soft power in this 21st century of ours. Soft power is the ability to obtain what one wants through co-option and attraction. It can be contrasted with ‘hard power’, that is the use of coercion and payment. Soft power can be wielded not just by states, but by all actors in international politics, such as NGOs or international institutions. The idea of attraction as a form of power dates back to ancient Chinese philosophers such as Lao Tzu in the 7th century BC. “Water is fluid, soft, and yielding. But water will wear away rock, which is rigid and cannot yield. As a rule, whatever is fluid, soft, and yielding will overcome whatever is rigid and hard. This is another paradox: what is soft is strong.” Lao Tzu. This idea was further developed by Joseph Nye of Harvard University in his 2004 book, Soft Power: The means to success in world politics and I happen to believe that Emir of Qatar is Nye and Lao Tzu’s very best student.
There are about 250,000 Qataris in a world of about seven billion souls. That’s considerably less than 0.1 per cent. They tell me Aljazeera is beamed into more than 200m households.
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The world's two largest cocoa producers want you to buy their chocolate, not just their beans Commodities |
When Mamey Kamara attended the opening of Ivorian chocolatier Instant Chocolat, she instantly fell in love. Born and raised in Abidjan, Kamara grew up exposed to European chocolate brands Cote d’Or and Milka. But through the Ivorian-made treats, she satisfied both her sweet tooth and patriotism.
“To see young, ambitious Ivoirians makes me dream. There’s a certain national pride in consuming chocolate from home. To me, it’s important to encourage our local craftsmen, but I also enjoy the fresh blend of familiar flavors like hibiscus and ginger,” says Kamara, a communications manager at a small NGO in Abidjan.
Africa consumes fewer than 4% of chocolate sold globally, but the region’s consumption patterns may soon change due to the rising middle class.
Emerging Markets
Frontier Markets
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Zambian police free opposition leader accused of defaming president Africa |
Police in Zambia freed an opposition leader on Thursday after holding him in detention for a week on accusations of defaming President Edgar Lungu, an offence that carries a maximum five-year prison term.
Police arrested United Progressive Party leader Saviour Chishimba last Thursday and said he would be charged with defaming the president. [L5N1KP87V]
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Moody's May Spare South African Slide to Junk as Zuma Clings On BBG Africa |
South Africa could escape a further slide to junk status on Friday in the same way the nation’s leader, Jacob Zuma, defeated a parliamentary rebellion and clung onto power -- comfortably but not without some sweating.
Moody’s Investors Service is scheduled to release a ratings review two months after it cut the local- and foreign-currency assessments to one level above junk, citing risks to growth and fiscal strength due to the political outlook. That was after it put South Africa on review for a downgrade following a cabinet reshuffle in which Zuma fired Pravin Gordhan as finance minister, prompting S&P Global Ratings and Fitch Ratings Ltd. to cut the nation to sub-investment grade.
While the no-confidence motion in Zuma was defeated by 198 voted to 177 on Aug. 8, more than two dozen members of his ruling African National Congress opposed him. The ANC will elect new leaders in December when Zuma is due to step down. The party’s new head will probably succeed him as president of the country in 2019.
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