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Wednesday 17th of March 2021
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Morning
Africa
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Register and its all Free.
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Financial markets are a ‘’Bot’’ World with Bots trading with each other.
World Of Finance
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Why 10-Year Treasury Yields Get All the Attention @business
World Of Finance
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The result is that the 10-year note is one of the world’s most important benchmarks for the cost of risk-free borrowing and its rate is used to price trillions worth of other securities.
The 10-year yield hovered around 1.61% in mid-March, up from less than 1% at the start of 2021 and as little at 0.31% during the market turmoil of March 2020.
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The World is pirouetting on the pinhead of the Yield of the US 10 YR
World Of Finance
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Interest payments on U.S. national debt fell last year, to $345 billion or 1.6% of gross domestic product. They’re on track to shrink further in 2021, even after all the pandemic spending. via @mccormickliz @atanzi @lisaabramowicz1
World Of Finance
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08-MAR-2021 :: Lights Must Never Go Out So a Response will surely come and whether its YCC or another Operation Twist I don’t know.
World Of Finance
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However, It is a Game of Chicken.
The US cannot afford a further spike in Yield
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08-FEB-2021 :: The Markets Are Wilding
World Of Finance
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Here is why central banks are trapped and cannot raise rates even if inflation rises: @dlacalle_IA Feb 2
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"We're short bonds!" they all said And it made them look tough @coloradotravis
World Of Finance
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Then they woke up one morning
And there weren't quite enough
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The lights must never go out, The music must always play
World Of Finance
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This tweet is about nothing. This is art and it's for sale. @NorthmanTrader
World Of Finance
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I’m selling this song about NFTs as an NFT @elonmusk
World Of Finance
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@elonmusk I am become meme, Destroyer of shorts
World Of Finance
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Money supply growth @DavidInglesTV
World Of Finance
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09-NOV-2020 :: The one consistent Theme is The Print Shop
World Of Finance
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Glorious sunrise at the Borana conservancy @nickdimbleby @JamboMagazine
Africa
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Nature is red in tooth and claw Cheetah and Eland @BoranaWildlife
Africa
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Reflections in the pool at Borana Lodge @BoranaWildlife @UrbanSkript @JamboMagazine
Africa
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Lilies at sunrise – the flowers only bloom during good rainfall when the pan fills with water. Farm Sandhof, Namibia. © Günter Brettschneider
Africa
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Night approach Nairobi wilson @SkywardExpress @captainmudee
Africa
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I find Wilson Airport like a magic portal to another world
Africa
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I did not take the ‘ox-cart’ but an aeroplane from Wilson. The airport was once located on the outskirts of Nairobi but today it is in the city. It is very retro and has a style from a bygone era, which is to be treasured in this 21st Century of ours.
I find Wilson Airport like a magic portal to another world.
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Jun 16, 2017 Wilson Airport.
Africa
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@alykhansatchu And what I have found is that those sorts of journeys always start at Wilson Airport. i had wanted to go North into Laikipia and we decided to go to the Samburu. 3 sunsets in the Samburu
Africa
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After the Apocalypse Srećko Horvat @HorvatSrecko
Misc.
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Here we go round the prickly pear The Hollow Men T.S. ELIOT
Misc.
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Here we go round the prickly pear
Prickly pear prickly pear
Here we go round the prickly pear
At five o’clock in the morning.
This is the way the world ends
This is the way the world ends
This is the way the world ends
Not with a bang but a whimper.
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Ecclesiastes 1:2-11 2 Vanity[a] of vanities, says the Preacher
Misc.
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Vanity[a] of vanities, says the Preacher,
vanity of vanities! All is vanity.
A generation goes, and a generation comes,
but the earth remains forever.
The sun rises, and the sun goes down,
and hastens[b] to the place where it rises.
What has been is what will be,
and what has been done is what will be done, and there is nothing new under the sun.
Is there a thing of which it is said,
“See, this is new”?
It has been already
in the ages before us.
There is no remembrance of former things, nor will there be any remembrance
of later things[d] yet to be
among those who come after.
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The former headquarters of Sarajevo-based daily newspapers Oslobodjenje Sarajevo, Bosnia and Herzegovina Built in the 80s Architect K. Shahovic et al. @doctorow
Misc.
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Political Reflections
Law & Politics
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For Any information please contact people of United Republic Of Tanzania. Help us find this person. [Last seen February 27 2021] @nulphin
Africa
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The President of Tanzania has disappeared @johnnjenga
Africa
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The countdown to official declaration seems to be well underway. Military parade vehicles in the streets of Dar es Salaam. @TunduALissu
Africa
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In the event that @MagufuliJP dies or is incapacitated, Vice-President @SuluhuSamia would assume power. She would be Tanzania’s first woman president. @mailandguardian @thecontinent_
Africa
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The most infamous example of all, of course, is when a faction within Malawi’s government tried to keep the death in office of Bingu wa Mutharika a secret. They even flew his corpse to South Africa for “medical treatment”.
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The Story of President Yar'Adua Arrives Back from Saudi Arabia, throws presidency into confusion
Africa
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Consider how an essentially incapacitated and comatose President Yar'Adua was apparently in charge of the country for a number of weeks from an ICU Unit.
Africa
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Government of the Democratic Republic of Congo continued to claim that President Laurent Kabila was alive, if not well, last night even though one of his closest allies said his corpse was lying in a foreign morgue.
Africa
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Both Kabilas were taken by helicopter to hospital in Kinshasa. But with outdated equipment there was not much the doctors could do.
So Laurent Kabila followed the path of so many privileged Congolese in need of medical treatment and was flown out of the country.
If Zimbabwe's defence minister is right, Kabila was dead before the 747 touched down in Harare. Mr Mahachi says the body is now lying in a Harare morgue.
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.@MagufuliJP #COVID19 was equivalent to “Satan” and that it would naturally be defeated with prayer, since “Satan cannot reside in the body of Christ.” 27-JUL-2020 :: Drinking the Kool-Aid
Africa
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US-China relations will not improve until Beijing's economic coercion of Australia stops, a senior White House official said @SMH
Law & Politics
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The administration of President Joe Biden has told the Chinese government that “we are not going to leave Australia alone on the field”, according to the President’s Indo-Pacific co-ordinator, Kurt Campbell.
“We have made clear that the US is not prepared to improve relations in a bilateral and separate context at the same time that a close and dear ally is being subjected to a form of economic coercion,” he told The Sydney Morning Herald and The Age.
He said Mr Biden had given his commitment personally to Australia’s leader, Scott Morrison, during the video-link summit of the Quad countries last Saturday (AEDT).
“President Biden was very direct with Prime Minister Morrison that we stood together on this,” said Dr Campbell, the architect of the summit, who was in the room with Mr Biden during the meeting.
“So we’ve indicated both to Australia and China at the highest levels that we are fully aware of what’s going on and we are not prepared to take substantial steps to improve relations until those policies are addressed and a more normal interplay between Canberra and Beijing is established.”
It is the first known intervention of any nation to take substantive steps in support of Australia in its confrontation with Beijing.
The regime of President Xi Jinping has applied trade bans and tariffs on at least $20 billion worth of Australian exports to China.
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Australia, which had insisted on the need for transparency, was imposed economic sanctions and a block on its imports. .@FHeisbourg
Law & Politics
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And then they severely punished countries that demanded an impartial international investigation, made up of the best experts.
Australia, which had insisted on the need for transparency, was imposed economic sanctions and a block on its imports.
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Xi Jinping is both Sun Tzu ‘'The supreme art of war is to subdue the enemy without fighting'' And hard edged at the same time.
Law & Politics
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08-MAR-2021 Controlling the COVID19 Narrative, suppressing the Enquiry, parlaying the situation into one of singular advantage marks a singular moment
Law & Politics
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Xi has taken calculated risks.
The muscular and multi-faceted nature of Chinese Power is seen in its handling of COVID19.
.@FHeisbourg François Heisbourg: «Le coronavirus, c’est un Tchernobyl chinois à la puissance dix»
First, they staged their "exemplary handling" of the pandemic in a very loud manner, in order to avoid interest in the regime.
And then they severely punished countries that demanded an impartial international investigation, made up of the best experts.
Australia, which had insisted on the need for transparency, was imposed economic sanctions and a block on its imports.
The debate on the origin of the virus remains totally open, fundamental and potentially explosive.
Controlling the COVID19 Narrative, suppressing the Enquiry, parlaying the situation into one of singular advantage marks a singular moment and Xi Jinping has exhibited Chinese dominance over multiple theatres from the Home Front, the International Media Domain, the ‘’Scientific’’ domain over which he has achieved complete ownership and where any dissenting view is characterized as a ‘’conspiracy theory’’
It remains a remarkable achievement.
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A remarquable preprint - on the day prior to the Feb 20 WHO visit in Wuhan - that demolished the official narrative. @gdemaneuf
Law & Politics
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22-JUN-2020 :: Whoever Controls The Narrative Controls The World
Law & Politics
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Covid-19 spreading curve @TetotRemi
Misc.
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Global cases rising steadily now, with R around 1.1, as mutant strains spread over the world. @video4me
Misc.
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>+5%/day: Papua New Guinea¹⁷⁷ Caribbean Netherlands¹⁹⁰
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And sure the numbers slid for around 6 consecutive weeks but they have bottomed out of late.
Misc.
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.@WHO @mvankerkhove In Past Week Seen 11 % Increase In New Coronavirus Transmission Across The World @LiveSquawk
Misc.
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Driven by the East, Europe seems to be entering a new wave. The US remains on a declining path. @fibke
Misc.
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[Belgium] estimated proportion of new confirmed infections by the 3 variants with 95% confidence intervals @TWenseleers
Misc.
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I expect th P.1 Lineage to be dominant worldwide in 8-12 weeks
Misc.
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The upswing in covid among multiple Western European countries, attributable to B.1.1.7 @EricTopol
Misc.
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Coronavirus cases in Germany are growing exponentially again, up 20% in the last week alone, the RKI says. "We are exactly on the flank of the third wave. That can no longer be disputed" - Reuters @BNODesk
Misc.
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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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In 4 Wochen haben wir eine höhere Inzidenz als zu Weihnachten. @and_hi_
Misc.
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We all know by now ''viruses exhibit non-linear and exponential characteristics'
Misc.
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UK, South Africa, Brasil Variants @BillyBostickson
Misc.
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São Paulo alone registered 679 deaths - the last record was 521. A frightening jump. #covid19 @katywatson
Misc.
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My concern is that Brazil which was the epicenter of the Virus in May 2020 is once again a Precursor and a Harbinger
Misc.
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South Africa study: Astra Zeneca vaccine doesn't protect against mild or moderate infections: @NEJM @yaneerbaryam
Misc.
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Astra Zeneca vaccine doesn't protect against mild or moderate infections:
Lack of efficacy, failure of protection (B.1.351 variant) and evidence of immune evasion
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And the belief in Vaccine Efficacy is now bumping at euphoric levels. Folks I followed on Twitter for their epidemiological excellence now simply recite Vaccine / Inoculation data like a liturgy.
Misc.
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When we vaccinate somebody, we are turning this person in a potential asymptomatic carrier that is shedding the virus. Geert Vanden Bossche
Misc.
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Lebanese pound crashes to 15,000 against dollar as protests continue @TheNationalNews H/T @michaeltanchum
Emerging Markets
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The Lebanese pound fell to historic lows on Tuesday hitting 15,000 to the dollar as hundreds continue to set up impromptu roadblocks in protest at the deteriorating living conditions amid a national economic crisis.
Officially pegged to the US dollar at 1,507.5, the currency has been losing value since last October but in less than a month has nosedived another 40 per cent.
Protester Christophe Khalil, a university student in his twenties, marched in downtown Beirut on Saturday after the lira traded at 12,000 to the dollar.
"If this continues I won't be able to afford an education any more," he said.
"We are fighting just to have a future in this country."
Inflation has wiped out the purchasing power of those paid in Lebanese pounds, pushing more than half of the population below the poverty line, according to data by the UN.
The minimum wage of 675,000 pounds was equal to $450 before the crisis. It is now worth less than $50.
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Riot police stands guard in front of Lebanese Central Bank during a rally against the power cuts, the high cost of living and the low purchasing power of the Lebanese pound, at Hamra street in Beirut. EPA
Emerging Markets
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.@RonySeikaly - Rajeh Yittammar (Revolution Radio Mix)
Misc.
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21-OCT-2019 :: The New Economy of Anger
Law & Politics
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Paul Virilio pronounced in his book Speed and Politics,
“The revolutionary contingent attains its ideal form not in the place of production, but in the street, where for a moment it stops being a cog in the technical machine and itself becomes a motor (machine of attack), in other words, a producer of speed.’’
We have recently witnessed the ‘’WhatsApp’’ Revolution in Lebanon, where a proposed Tax on WhatsApp calls sent up to 17 per cent of the Lebanese Population into the street
The Phenomenon is spreading like wildfire in large part because of the tinder dry conditions underfoot.
Prolonged stand-offs eviscerate economies, reducing opportunities and accelerate the negative feedback loop.
Antonio Gramsci wrote, “The crisis consists precisely in the fact that the old is dying and the new cannot be born; in this interregnum, a great variety of morbid symptoms appear. now is the time of monsters.”
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.@RonySeikaly Beirut Set Al Dounya - (Rony Seikaly Remix)- Majda El Roumi
Misc.
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Global travel activity in 2021 is set to only rise to levels that are less than half the pre-crisis volume, following a greater than 70% drop in 2020 @TEglobaltravel
Tourism, Travel & Transport
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10-MAY-2020 :: For example Tourism – I believe it is stopped out through Q4 2021 [even with a Vaccine]
Tourism, Travel & Transport
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Tourism-dependent economies are projected to recover from an 11.5 percent GDP decline in 2020 to grow by 6.2 percent in 2021 @AfDB_Group #2021AEO
Tourism, Travel & Transport
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.@AfDB_Group African Economic Outlook 2021 #2021AEO
Africa
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International Markets
World Of Finance
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Currency Markets at a Glance WSJ
World Currencies
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Euro 1.1905
Dollar Index 91.911
Japan Yen 109.10
Swiss Franc 0.9255
Pound 1.3895
Aussie 0.7735
India Rupee 72.5615
South Korea Won 1130.685
Brazil Real 5.6248
Egypt Pound 15.71
South Africa Rand 14.896
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Dollar Index Chart INO 91.894
World Currencies
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Euro versus the Dollar Chart 1.1906
World Currencies
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#GOLD #PHYSICAL deliveries OFF THE #CHARTS @TravellingTrad2
Commodities
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08-FEB-2021 :: $GOLD The price impulse will be emitted from the gold deliveries situation.
Commodities
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It's been 4 days of quiet basing for $GOLD at the $1735 level - low volatility/basing like this is what sets up the big moves and one is likely coming (FOMC may be catalyst). @AdamMancini4
Commodities
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Looking higher from here into $1750 as posted, with $1770 above there. $1770 clears and bottom is in
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Gold @BestForexMethod 1736.75
Commodities
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Crude Oil Chart INO 65.32
Commodities
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305,428 Active COVID-19 Cases in Africa @BeautifyData
Africa
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-41.263% below record high from Jan 2021
Active #Covid19 cases record 520,000 was in January 2021 @NKCAfrica
Conclusions
Looks like the Trough
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The reproduction number (R) of SARS-CoV-2 in SA has crept just over 1 [1.00 - 1.06]. Estimates are calculated on a 7-day rolling period based on reported cases. @lrossouw
Africa
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We all know by now ''viruses exhibit non-linear and exponential characteristics'
Africa
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"The greatest shortcoming of the human race is our inability to understand the exponential function." - Professor Allen Bartlett
Africa
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Africa is currently reporting a million new infections about every 64 days @ReutersGraphics
Africa
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The average number of new infections reported in Ethiopia has been increasing for 10 days straight
Ivory Coast at Peak Guinea 99% Togo 92% Botswana 90% Mauritius 89% Ethiopia 88%
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Drinking the Kool-Aid #COVID19
Africa
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There is a shortage of ICU and Oxygen in Addis Ababa. All hospitals equipped are sold out except Balcha Hospital which is charging 15, 000 / a night. @GetachewSS
Africa
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#SARSCoV2 popn serosurveillance study in rural (Karonga) & urban (Lilongwe) #Malawi @DrToniHo
Africa
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Seroprevalence (SD Biosensor QCOVID19 IgM/G Duo):
Dec 20/Jan 21: Karonga (n=210 adults) 5-10%
March 21: Karonga (n=113) 34% Lilongwe (n=98) 56%
N.B. 2nd wave in Dec20/Jan21
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Data suggest considerable, prev unrecognised #SARSCoV2 circulation in rural Malawi in 1st wave. @DrToniHo
Africa
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2nd wave in Dec 20/Jan 21 has resulted in Upwards seroprevalence in both urban & rural districts.
Rapid ab test has reported sensitivity ~70%, thus true seroprevalence may be higher.
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"The war is escalating. Now it is focused on the civilians," Kibrom said. @AFP
Africa
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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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Ethiopia: video of Tigray massacre lifts lid on 'war without photos' @FRANCE24
Africa
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Men in uniform slaughtered dozens of people in a small village in the Tigray region of Ethiopia on January 5, 2021, right in the midst of the usually festive Orthodox Christmas season.
Thirty bodies are seen on the ground in a video that has been circulating online despite the current internet blackout in the Tigray region, which has been engulfed in a bloody conflict between the army and rebels.
The soldier filming the video points the camera at an injured person, saying to a comrade, "You should have finished off the survivors!" Our team was able to verify this video.
The footage shows about 30 bodies on the ground on the outskirts of a village.
We examined the location of the buildings, trails and trees in the video, as well as the mountains on the horizon, and compared this with satellite images and topographical information available on Google Earth Pro.
In this way, we were able to determine the exact location where the video was filmed.
It was filmed in a village called Mai Harmaz in the Debre Abay region, which is known for a famous monastery, located about two kilometres from the village.
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Screengrab of the video, filmed in the village of Mai Harmaz in Tigray, early January 2021. © France 24 screengrab
Africa
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‘The genie out of the bottle’ @AfricanBizMag
Africa
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Ethiopian general tells diplomats of 'dirty war' in Tigray @AFP
Africa
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A "dirty war" causing suffering for "defenceless" victims is unfolding in Ethiopia's northern Tigray region, a general said in a private briefing with diplomats last week, according to an audio recording of his comments obtained by AFP.
The statement from General Yohannes Gebremeskel Tesfamariam, head of a task force formed in response to the Tigray conflict, represents an unusually stark assessment of conditions in the region, where Prime Minister Abiy Ahmed's government asserts normalcy is returning.
"This is a dirty war because it's affecting everything. You don't see fronts. The cost is immediately to those who are defenceless," Yohannes said during the March 11 briefing in the regional capital Mekele attended by dozens of diplomats.
"On the atrocities, rape, crime... I cannot give you concrete evidence, but I don't think we are going to be fortunate to see that such things have not happened."
He did not indicate which forces might be responsible for "atrocities".
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Turning and turning in the widening gyre The falcon cannot hear the falconer
Africa
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Priest on his way to church in Axum, Tigray region, Ethiopia on January 25, 2011. © 2011 Matjaz Krivic via Getty Images
Africa
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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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@flyethiopian will be banned from flying to the UK from this coming Friday. @IanECox
Africa
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Ethiopia 88% of Peak COVID-19 infections @ReutersGraphics
Africa
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15-MAR-2021 :: Africa Emerging from The Pandemic
Africa
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#Djibouti: a traffic increase of nearly 30% in 2020 which translates to 1.1 million TEU containers, the Port of Doraleh @TheAfricaReport
Africa
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It boasts the best result in terms of growth rate of African ports, even beating the continent’s largest port Tangier Med.
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6 AUG 18 The Indian Ocean Economy and a Port Race.
Africa
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South Africa All Share Bloomberg
Africa
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Dollar versus Rand Chart INO 14.896
Africa
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Egypt Pound versus The Dollar Chart INO 15.69
Africa
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Nigeria inflation kept rising in Feb, now at 17.3%. Food inflation among main drivers almost at 22% YoY. @akcakmak
Africa
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Ghana Stock Exchange Composite Index Bloomberg
Africa
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Seychelles plans to welcome all international visitors, except those from South Africa, beginning March 25, according to the Department of Tourism
Africa
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The Seychelles, an idyllic collection of islands off the coast of East Africa, is following in the footsteps of the Maldives — another beautiful collection of islands off the coast of southern India — to restart its tourism.
The destination plans to welcome all international visitors, except those from South Africa, beginning March 25, according to the Department of Tourism.
Visitors won't need to quarantine or be vaccinated, but they will have to test negative for COVID-19 within 72 hours of their departure.
The Seychelles opened to all fully vaccinated travelers, including those from the U.S., in January.
The 115-island paradise, where Prince William and Kate Middleton honeymooned, was the first African country to welcome vaccinated travelers, according to CNBC.
It hopes to reach herd immunity by mid-March, when 70% of the local population is expected to be vaccinated, the AP reported.
Visitors to the Seychelles, where George and Amal Clooney also honeymooned, will need to maintain social distance while relaxing on the country's white-sand beaches and frolicking in its turquoise waters.
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Seychelles playing a blinder with its vaccination drive @EylonALevy
Africa
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2 NOV 15 :: Seychelles has a population of 90,024 and that is the smallest population of any independent African state.
Africa
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The minister for Finance, Trade and The Blue Economy Jean-Paul Adam informed me that the Seychelles receives tourists three times its population every year.
If Kenya was to receive the same ratio of tourists, we would be welcoming 120 million tourists a year.
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Oct 31, 2015 The Beach The Seychelles
Africa
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Khartoum's nightlife in the 80s before Islamic laws ; The scorpions. @muglersk8r
Africa
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10-JUN-2019 :: The "zeitgeist" of the Revolution in Khartoum was intoxicating
Africa
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17.2980% Test Positivity Rate Kenya
Africa
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Hospitals are full. Infections must be 5 or 6x.
Africa
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Given the level of testing that Kenya can do, there are highly unlikely ever to be more than 1,500 cases a day. @adrianblomfield
Africa
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Extrapolating from these figures (17 percent positivity), it would seem that there are more daily cases in Kenya at the moment than in many European countries.
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Majid Al Futtaim Holding Llc's financials and where Carrefour Kenya fits into the group's earnings. @TheAbojani
Retail & Manufacturing
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Carrefour’s franchise in Kenya announced a 30.2% jump in sales from Shs 19.4 billion recorded in 2019 to Shs 25.3 billion in 2020. The retailer now has 11 stores. @moneyacademyKE
Retail & Manufacturing
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Kenya Shilling versus The Dollar Live ForexPros 109.80
World Currencies
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Nairobi All Share Bloomberg
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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