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Monday 08th of March 2021
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Morning
Africa
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Register and its all Free.
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My favourite picture - one that has been growing on me. Colour infrared from Masai Mara @adityadickysin
Africa
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Leopard @mararivercamp
Africa
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"If we want things to stay as they are, things will have to change." - Giuseppe Tomasi di Lampedusa , The Leopard
Africa
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"Now the road was crossing orange groves in flower, and the nuptial scent of the blossoms absorbed the rest as a full moon does a landscape ..all cancelled out by that Islamic perfume evoking houris and fleshly joys beyond the grave."
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The Leopard (Il Gattopardo) is one of the greatest Italian literary works of the 20th century.
Misc.
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Everyday activities foreground the novel: daily recital of the Rosary, evening readings around the fire, faded grandeur of meals where “monumental dishes of macaroni” are served among massive silver and splendid glass, a walk and hunting expedition in the sunburnt Sicilian countryside, a magnificent ball.
Although The Leopard is a representation of 19th century Sicilian aristocracy, it is also a contemplative and ironic distancing from this same world.
It is, above all, a novel that provides a profound meditation on transition and historical causality.
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The leopard (Panthera pardus) is one of the five extant species in the genus Panthera, a member of the Felidae. From the Mara @VirginLimitedEd #VLEtravels #MahaliMzuri
Misc.
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Leopard in the Grass Lewa Kenya
Africa
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A black leopard under the stars - a photo that took me more than six months to achieve. @willbl
Africa
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#Giacometti 'Walking Man' #sculpture @onancollett
Misc.
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In every work of art the subject is primordial, whether the artist knows it or not Alberto Giacometti
Misc.
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Chariot by Alberto Giacometti @lnatal
Misc.
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Mi luna. @alberto75251953
Misc.
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Winter road trip in Iceland. @JanWaider
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Robert Frank, London 1950s @Daniel_Red_Eire
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Tarkovsky #ivans childhood @FilofLif
Misc.
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Political Reflections
Law & Politics
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The historical meeting between @Pontifex and Ayatollah Ali Al-Sistani #Sistani just made in #Najaf. @FirmeskOthman2
Misc.
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"Al-Sistani, who normally remains seated for visitors, will stand to greet Francis at the door and walk him to an L-shaped blue sofa, inviting him to take a seat." @AP.
Misc.
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One is the chief pastor of the world-wide Catholic Church, the other a pre-eminent figure in Shiite Islam whose opinion holds powerful sway on the Iraqi street and beyond.
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“Only if we learn to look beyond our differences & see each other as members of the same human family will we be able to ... leave to future generations a better, more just & more humane world.” @kaushikcbasu
Misc.
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The Sanctuary of Imam 'Ali (Arabic: حَرَم ٱلْإِمَام عَلِيّ,) located in Najaf, Iraq, is a mosque housing the tomb of 'Alī ibn Abī Tālib
Misc.
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The Sanctuary of Imam 'Ali (Arabic: حَرَم ٱلْإِمَام عَلِيّ, romanized: Ḥaram al-ʾImām ʿAlī), also known as the Mosque of 'Ali (Arabic: مَسْجِد عَلِيّ, romanized: Masjid ʿAlī), located in Najaf, Iraq, is a mosque housing the tomb of 'Alī ibn Abī Tālib, the cousin of Muhammad and the first Imam after him, and the fourth Sunni Rashid Caliph.
According to Shi'ite belief,[1] buried next to Ali within this mosque are the remains of Adam and Nuh (Noah).[1][2] Each year millions of pilgrims visit the Shrine and pay tribute to Imam Ali.
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There is no city like Najaf, which stands on the edge of the desert a few miles west of the Euphrates in Iraq.
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It was in nearby Kufa in 661 that Imam Ali, the son-in-law and cousin of the Prophet Mohamed, was badly wounded by an assassin and, as he lay dying, instructed his followers to strap his body to the back of a white camel and, where the camel stopped, to dig his grave.
On this spot grew up the shrine city of Najaf, a place of pilgrimage for the Shia and home to many of their leaders, such as Grand Ayatollah Ali Sistani.
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"Everything that you experience in life is a lesson" ~ Imam Ali (A.S)
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Iraqis walk past the shrine of Imam Ali in Najaf at sunset before a dust storm February 1, 2004 in Najaf, Iraq
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Perhaps the most poignant picture of them all. #Myanmar #MyanmarProtests @karmanomad
Law & Politics
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“The revolutionary contingent attains its ideal form not in the place of production, but in the street''
Law & Politics
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Some of the upholstered furniture at Stalin’s cheerful house was said to be bulletproof: @BeschlossDC
Law & Politics
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20-day average for global cases is now rising as B.1.1.7 continues its expansion. @video4me
Misc.
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Risks of the even more highly infectious Brazilian P1 strain lead to tighter travel restrictions.
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Data from #Covid19 worldwide on March 06: + 436,193 cases in 24 hours @CovidTracker_fr
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Data from #Covid19 worldwide on March 06: + 436,193 cases in 24 hours, i.e. 116,502,810 in total + 7,770 deaths in 24 hours, i.e. 2,588,752 in total
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“I see a huge storm forming in Brazil.” Denise Garrett, vice president of the Sabin Vaccine Institute in Washington
Misc.
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Conclusions
I expect th P.1 Lineage to be dominant worldwide in 8-12 weeks notwithstanding the Focus on SARS-CoV-2 lineage B.1.1.7
My Thesis is based on the ultra hyperconnectedness of the c21st World.
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The bottom line: P.1 is 2.5 times more transmissible than the wild-type B lineage. And way more transmissible than B.1.1.7. @bollemdb @obscovid19br
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"The greatest shortcoming of the human race is our inability to understand the exponential function." - Professor Allen Bartlett
Misc.
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Model-based evaluation of transmissibility and reinfection for the P.1 variant of the SARS-CoV-2
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Transmissibility and reinfection of P.1 were estimated using an epidemiological model-based fitting and public health data.
The transmissibility is 2.5 times greater than the wild variant and reinfection probability is 6.4% on average.
The variant of concern (VOC) P.1 emerged in the Amazonas state (Brazil) and was sequenced for the first time on 6-Jan-2021 by the Japanese National Institute of Infectious Diseases.
It contains a constellation of mutations, ten of them in the spike protein.
The P.1 variant shares mutations such as E484K, K417T, and N501Y and a deletion in the orf1b protein (del11288-11296 (3675-3677 SGF)) with other VOCs previously detected in the United Kingdom and South Africa (B.1.1.7 and the B.1.351, respectively).
Prevalence of P.1 increased sharply from 0% in November 2020 to 73% in January 2021 and in less than 2 months replaced previous lineages (4).
The estimated relative transmissibility of P.1 is 2.5 (95% CI: 2.3-2.8) times higher than the infection rate of the wild variant, while the reinfection probability due to the new variant is 6.4% (95% CI: 5.7 - 7.1%).
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If you have a "normal" pandemic that is fading, but "variants" that [are] surging, the combined total can look like a flat, manageable situation. @spignal
Misc.
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The scenario in Brazil: A variant (P.1) at least 2x more transmissible than previous variants Exponential growth unlike any other that we have seen. @bollemdb
Misc.
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1. A variant (P.1) at least 2x more transmissible than previous variants (much more transmissible than the UK VOC).
2. 17 state capitals have ICUs that are > 80% full.
3. Exponential growth unlike any other that we have seen.
Brazil is a global threat
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We all know by now ''viruses exhibit non-linear and exponential characteristics'
Misc.
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COVID19 Historic Peaks Deaths a day @brodjustice
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They fancied themselves free, wrote Camus, ―and no one will ever be free so long as there are pestilences.
Misc.
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In this respect, our townsfolk were like everybody else, wrapped up in themselves; in other words, they were humanists: they disbelieved in pestilences.
A pestilence isn't a thing made to man's measure; therefore we tell ourselves that pestilence is a mere bogy of the mind, a bad dream that will pass away.
But it doesn't always pass away and, from one bad dream to another, it is men who pass away, and the humanists first of all, because they have taken no precautions
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This week, as Brazil reported back-to-back record deaths from the virus, Bolsonaro welcomed allies for a lunch in Brasilia.
Misc.
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The largely maskless group feasted on typical dishes, including beans with sausage and collard greens, plus a whole roast pig.
The following day, the president raged against governors for creating panic in the population.
"You didn't stay home, you didn't cower," Bolsonaro told a crowd of supporters on Thursday.
"We have to face our fears. No more fussiness, no more whining. Are people going to cry forever?"
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Brazil In Crisis: 'It Feels Like You Are In Stalingrad, in World War II' @NPR
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And on Wednesday, Brazil – second only to the U.S. in the number of people who have died – hit their highest death toll number recorded in a single day: more than 1,900.
The health-care system is about to collapse – even in Sao Paulo, Brazil's most populous city with the largest medical infrastructure in the country, Dr. Miguel Nicolelis, a Brazilian-born Duke University neuroscientist, told NPR's Mary Louise Kelly.
He describes a "horrible" situation with hospitals at full capacity, turning people away, with some left to die in ambulances or on the street.
"They [hospitals] are refusing to take patients because they cannot find a bed in the ICU. So, let's say you have a heart attack or you have a stroke or you had a car accident ... people are actually dying, waiting for ICU bed."
Nicolelis says Brazilian President Jair Bolsonaro is to blame, calling him "public enemy number one in the world related to the comeback to the fight of the coronavirus."
"It feels like you are in Stalingrad, in World War II. You're surrounded by the enemy. Food is ending. There is no calling for help because nobody can get out to get help. And you just see your comrades dying, your friends, your parents, your relatives, your childhood friends."
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States with such rulers can get “seized by senility and the chronic disease from which [they] can hardly ever rid [themselves], for which [they] can find no cure”
Law & Politics
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Ibn Khaldun explained the intrinsic relationship between political leadership and the management of pandemics in the pre-colonial period in his book Muqaddimah
Historically, such pandemics had the capacity to overtake “the dynasties at the time of their senility, when they had reached the limit of their duration” and, in the process, challenged their “power and curtailed their [rulers’] influence...”
Rulers who are only concerned with the well-being of their “inner circle and their parties” are an incurable “disease”.
States with such rulers can get “seized by senility and the chronic disease from which [they] can hardly ever rid [themselves], for which [they] can find no cure”
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10-MAY-2020 :: #COVID19 and the Spillover Moment ―Brazil is the global epicenter of the coronavirus [again]
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.@jairbolsonaro ''Brazilians aren‘t infected by anything, even when they fall into a sewer''
“It‟s tragic surrealism ... I can‟t stop thinking about Gabriel García Márquez when I think about the situation Manaus is facing.” Guardian
Viruses are in essence non linear exponential and multiplicative and COVID19 has ‟escape velocity‟ in Brazil.
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The ''warp speed'' Vaccine Roll Out is chasing the coat Tails of the Virus.
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Scientists who support silencing opposing voices are actually priests. @naval
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We are at peak vaccine euphoria
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They don’t actually have ANY evidence for a “zoonotic origin”. @Daoyu15
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NO wild animal were ever tested positive from China—NO sample in the market, NO samples around the market, NO samples from the suppliers, NO samples from any animals anywhere in China domestic
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There is no natural Pathway for the Evolution of COVID19.
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‘’Zoonotic’’ origin was one that was accelerated in the Laboratory.
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International Markets
World Of Finance
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It's been the third worst start to a year for benchmark Treasuries since 1830: DB's Jim Reid @lisaabramowicz1
World Of Finance
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2021 could be like 2009 for long-maturity bonds @jsblokland
World Of Finance
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Currency Markets at a Glance WSJ
World Currencies
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Euro 1.1911
Dollar Index 91.992
Japan Yen 108.36
Swiss Franc 0.93169
Pound 1.3832
Aussie 0.7708
India Rupee 72.958
South Korea Won 1132.10
Brazil Real 5.6929
Egypt Pound 15.7013
South Africa Rand 15.34975
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Dollar Index Chart INO 91.992
World Currencies
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Euro versus the Dollar Chart 1.19128
World Currencies
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Look at this list of ETFs. These are all the ETFs were Tesla is part of the basket. In many of thematic ETFs Tesla is a dominant position. Tesla is likely key to equity risk sentiment these days. h/t @Steen_Jakobsen @petergarnry
World Of Finance
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With rising rates and EV competition the heat is on $TSLA
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08-FEB-2021 :: The Markets Are Wilding Mr. @elonMusk can pump and dump just about anything [until he can't] with a tweet. he has superpowers
World Of Finance
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.@elonmusk I am become meme, Destroyer of shorts
World Of Finance
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Commodity Markets at a Glance WSJ
Commodities
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Gold has bounced strongly on several occasions since 2014 when the price moved 10% below its 200-day MA. Chart source: @business @Ole_S_Hansen 1708.40
Commodities
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Crude Oil Chart INO 67.45
Commodities
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This is fallout on EM from higher US bond yields. Mexico is among the hardest hit @RobinBrooksIIF
Emerging Markets
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PM Abiy flew to Asmara to meet Afewerki on 4 March - first time two met since start of Tigray war. Two then travelled to Juba together. @RAbdiAnalyst
Africa
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Afewerki is the Horn's Grandmaster of Ninjutsu - the art of decoy. To decode him you need to think like him. @RAbdiAnalyst
Africa
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Egyptian presidency says #Sisi in #Sudan holds discussions over #Ethiopia’s Blue Nile mega-dam via @arabnews
Africa
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Sisi in Khartoum against the background of Sudan-Ethiopia border conflict over Al Fashaqa/ga triangle and the Renaissance Dam @QulshTM
Africa
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A burgeoning Ethiopia-Eritrea-Somalia axis is resetting relations all over the Horn and undermining regional institutions @Africa_Conf
Africa
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Prime Minister Abiy Ahmed is fending off all pleas for mediation and accountability for human rights abuses committed during his campaign to defeat the Tigrayan People's Liberation Front (TPLF).
It's just one of the regional and international challenges he is determined to tough out, and for which he wants the strategic help of Eritrea, and to a lesser extent Somalia, say Ethiopian foreign policy experts.
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@PMEthiopia has launched an unwinnable War on Tigray Province.
Africa
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Ethiopia which was once the Poster child of the African Renaissance now has a Nobel Prize Winner whom I am reliably informed
PM Abiy His inner war cabinet includes Evangelicals who are counseling him he is "doing Christ's work"; that his faith is being "tested". @RAbdiAnalyst
@PMEthiopia has launched an unwinnable War on Tigray Province.
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‘The genie out of the bottle’ @AfricanBizMag
Africa
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Turning and turning in the widening gyre The falcon cannot hear the falconer
Africa
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On November 30, instead of celebrating the religious festival of Saint Mary, Axumites spent the day burying their dead. “Our festival became a funeral,” one mourner told Human Rights Watch @mailandguardian @thecontinent_
Africa
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The Ethiopian Orthodox festival of Tsion Maryam – Saint Mary – is an annual gathering of religious faithful, marking the day Ethiopians believe the Ark of the Covenant was brought to the country from Jerusalem.
Congregants are often in flowing white robes, dancing and ululating in celebration, with food provided to mark the occasion.
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The problem is Abiy does not have the levers with which to compel the withdrawal of outside forces? @rcoreyb @RAbdiAnalyst
Africa
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Something doesn’t add up In an embarrassing blunder, Uganda’s electoral commission has released a ‘genuine’ results form that appears to prove electoral fraud @mailandguardian @thecontinent_
Africa
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“The doctored form is evidence that the election results are flawed,” Cheeseman told The Continent.
“The figures were deliberately manipulated to make it look like Bobi Wine got less votes than he did.”
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Turning to Africa the Spinning Top
Africa
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Democracy from Tanzania to Zimbabwe to Cameroon has been shredded.
We are getting closer and closer to the Virilian Tipping Point
“The revolutionary contingent attains its ideal form not in the place of production, but in the street''
Political leadership in most cases completely gerontocratic will use violence to cling onto Power but any Early Warning System would be warning a Tsunami is coming
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"The AU is just a set of thieves and dictators. They are not about helping the people. It should be changed to reflect the people." - Dr. Matembe.@WatchTanzania
Africa
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Sonko arrest sets opposition and police on collision course @mailandguardian @thecontinent_
Africa
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The case has transfixed the nation: Ousmane Sonko, the Senegalese opposition leader who finished third in the 2019 presidential election, stands accused of rape by an employee at a massage salon that he frequented.
The 46-year-old politician denies the charges, saying they are politically motivated, and his supporters agree.
On Wednesday, as Sonko’s motorcade made its way to court in Dakar, he was surrounded by hundreds of people singing and hooting horns in solidarity. But he never made it to the court.
Some of his supporters threw stones at security forces, who responded with tear gas; shortly afterwards, Sonko was arrested again, for “disturbing public order and participating in an unauthorised demonstration”.
His arrest sparked further clashes – some of the most serious unrest seen in the capital in years, and on Friday authorities began restricting access to internet and social media, leaving Senegal looking increasingly fragile for a country known for its political stability.
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“Barsa wala Barsakh,” which means “Barcelona or die” in Wolof. @nytimes
Africa
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The people of #Senegal held one of the biggest protests ever today against the government of @Macky_Sall #FreeSenegal @Farida_N
Africa
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The people of #Senegal held one of the biggest protests ever today against the government of @Macky_Sall who abducted opposition leader Ousman Sonko on his way to a court hearing a two days ago. Citizens are denouncing the instrumentalization of justice #FreeSenegal
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#BREAKING: Multiple major explosions rock Equatorial Guinea’s capital city of Bata. @UrgentAlertNews
Africa
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#BREAKING: Multiple major explosions rock Equatorial Guinea’s capital city of Bata. Footage from the scene shows widespread damage. Power and internet services reportedly down over a large area.
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A decade of "semiotic arousal" when everything, it seemed, was a sign, a harbinger of some future radical disjuncture or cataclysmic upheaval.
Africa
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There is something Karmic in this #COVID19
Africa
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319,403 Active COVID-19 Cases in Africa @BeautifyData
Africa
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-38.576% % below 520,000 record high from January 2021
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Active #Covid19 cases record 520,000 was in January 2021 @NKCAfrica
Africa
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Africa is currently reporting a million new infections about every 57 days @ReutersGraphics
Africa
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Somalia at peak Togo 96% Ivory Coast 95% Botswana 94%
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Drinking the Kool-Aid #COVID19
Africa
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South Africa All Share Bloomberg
Africa
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Dollar versus Rand Chart INO 15.349
Africa
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Egypt Pound versus The Dollar Chart INO 15.701
Africa
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Nigeria Introduces Incentives in Bid to Boost Remittance Inflows @markets
Africa
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The Nigerian central bank will pay recipients who use formal channels to get U.S. dollars from abroad, in the latest move by authorities to increase the flow of remittances amid a shortage of hard currency.
Recipients will get 5 naira for every $1 they remit through licensed international money transfer operators and commercial banks, the central bank said in a circular published late on Friday.
The program will run from March 8 till May 8.
The West African nation’s currency has been devalued twice since March last year after a sharp drop in oil sales and remittances from workers abroad led to a shortage of dollars.
Measures by the central bank to bolster inflows and a rebound in oil prices could reduce pressure on the currency, which last traded at 411 per dollar at the exchange platform for investors and exporters known as Nafex.
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Among EMs, the deviation of inflation from target is widest in Nigeria and Turkey. @ZiadMDaoud
Africa
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Ghana Stock Exchange Composite Index Bloomberg
Africa
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Mohadi’s magic hanky no match for hanky panky @mailandguardian @thecontinent_
Africa
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In November 2016, Kembo Mohadi visited the self-proclaimed prophet Shepherd Bushiri, at Bushiri’s church in South Africa.
At the time, Mohadi was Zimbabwe’s state security minister, but his prospects looked bleak: he appeared to be on the wrong side of the bitter race to succeed then-president Robert Mugabe.
But Bushiri had a reassuring message. The religious leader told Mohadi that he would be promoted, and would shortly be wearing a “crown”.
He gave Mohadi a white handkerchief, and assured him that the piece of cloth would open new avenues, and provide protection.
The prophecy was soon fulfilled. Mugabe was toppled by a coup in November 2017.
The new president, Emmerson Mnangagwa, appointed Mohadi as one of two vice-presidents.
Unlike the other vice-president, Constantine Chiwenga, Mohadi had no political base of his own; what he offered instead was unconditional loyalty to Mnangagwa, along with his record as a liberation war hero.
But the white handkerchief appears to have lost its powers in the intervening years.
Not only has Bushiri himself fallen from grace, after being charged with multiple counts of corruption; but this week Vice-President Mohadi was forced to resign in disgrace following the allegation that he was conducting not one but two extramarital affairs while in office.
The allegations were published by online media house ZimLive, and were supported by leaked voice recordings between the vice-president and one of his alleged lovers.
In his resignation letter, Mohadi maintained his innocence. “I am a victim of information distortion, voice cloning and sponsored spooking and political sabotage. Digital media, in their hybridity, have been abused by my enemies to blackmail me, but my spirit will never die,” he wrote
ZimLive editor Mduduzi Mathuthu stands by his story, and the authenticity of the recordings.
“It will become clear that his claims of a political conspiracy by his enemies are just that – hot air,” he told The Continent.
President Mnangagwa has yet to appoint a replacement.
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Bulawayo, “koNtuthu Ziyathunqa” (where smoke bellows) @mailandguardian @thecontinent_
Africa
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Zimbabwe’s second largest city that has its roots in the Ndebele kingdom set up by King Mzilikazi in the mid- 19th century.
Traditional African cuisine is my favourite and Sis Bee’s Kitchen prepares their bream in a mouthwatering way that delights the palate; boiled or fried, it will leave you licking your fingers.
It costs between $4 and $6 and it goes down well with isitshwala samabele (sorghum or millet pap).
For an additional $2 you can choose an extra side dish of vegetables such as ibhobola (pumpkin leaves) or ulude (Spider-wisp).
But, as they say, variety is the spice of life and on Sis Bee’s menu you can find other delicious dishes such as oxtail, meaty bones, offal, goat meat, biltong in peanut butter, nkukhu makhaya (free range chicken) and amasi (sour milk).
When injiva are at home, every day is a party. In December merrymaking is the order of the day.
Majaivana speaks of being away from his homeland and his spirit longing for a return: umoya wami bo awusekho lapha khangela wena ukhatshana kontuthu ziyathunqa (my spirit is not here, it is very far in Bulawayo).
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2015 -2018, 110 mn African tourists traveled to other African countries,only 49 mn African tourists visited rest of world. @jmollel
Africa
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With the 3rd wave unraveling, the peak of this 3rd wave is expected to be low than the 1st & 2nd wave (mainly due to some immunity in the community), @DrAhmedKalebi
Africa
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Jubilee tent gets smaller The takeover of Jubilee by President Uhuru Kenyatta's allies appears to be complete @Africa_Conf
Africa
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Kenya credit rating downgraded to 'B' by Standard & Poor's on rising fiscal and external pressures. @Markbohlund
Kenyan Economy
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Time to reverse the recent years' decrease in government-revenue-to-GDP, reduce the fiscal deficit and depreciate the shilling?
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' In our view, substantial revenue increases and expenditure rationalization will be difficult ahead of a planned constitutional referendum in 2021 and a general election in 2022 @Markbohlund
Kenyan Economy
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I agree with S&P. ' In our view, substantial revenue increases and expenditure rationalization will be difficult ahead of a planned constitutional referendum in 2021 and a general election in 2022. We expect fiscal deficits to average 7.1% in 2021-2024 and reach 5.8% in FY2024.
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'Supported by an IMF program, the government will now attempt to widen the tax net and raise revenues as a percentage of GDP.' @Markbohlund
Kenyan Economy
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'Supported by an IMF program, the government will now attempt to widen the tax net and raise revenues as a percentage of GDP. It will also likely try to address Kenya's generous tax exemption schemes (which by some estimates amount to lost revenues of up to 6% of GDP)...'
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.@CBKKenya foreign exchange reserves decline almost a quarter BILLION dollars week on week. @MihrThakar
Kenyan Economy
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CBK foreign exchange reserves are on the verge of going below the East African Community region’s convergence criterion of 4.5 months of import cover. Massive decline of almost a quarter BILLION dollars week on week.
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Kenya has stopped maize imports with immediate effect. Says tests on the grain from Tanzania and Uganda revealed high levels of mycotoxins. — Bloomberg @moneyacademyKE
Kenyan Economy
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KPMG Tax Alert:recent Tax Appeals Tribunal judgment Barclays Bank of Kenya vs. Com. of Domestic Taxes on imposition of #VAT on interchange fees and excise duty on lending fees and interchange fees: H/T @jmollel
N.S.E Equities - Finance & Investment
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Kenya Shilling versus The Dollar Live ForexPros 109.65
World Currencies
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Nairobi All Share Bloomberg
N.S.E General
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.@NSE_PLC YTD performance NASI +6.3% NSE 25 +5.2% and NSE 20 +3.7% @CytonnInvest
N.S.E General
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Nairobi ^NSE20 Bloomberg
N.S.E General
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Every Listed Share Can Be Interrogated Here
N.S.E General
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