Wazua
»
Investor
»
Economy
»
Investors Lounge
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
http://www.baseresources.com.au/download/157/ - Local Equity Participation Regulations (Base Resources Ltd) - The gazette notice by KE ministy of environment on prospecting mining firms that they must involve local equity terms of 35% has hammered this stock today. Down 36%... http://www.bloomberg.com/quote/BSE:AU$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
Incomes of black South African households have surged 169 percent in a decade, but whites still take home six times more money 18 years into all-race democracy, a national census showed on Tuesday. Census 2011 put the country’s population at 51.8 million people, an increase of 6,950,782 since the 2001 count. Nearly eight in 10 people are black and less than one in 10 white. http://www.capitalfm.co....tes-still-ahead-census/
GOD BLESS YOUR LIFE
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
hisah wrote:https://bitly.com/SKscSl Germans, Venezuelans and now the dutch want their CB to be forced to say where their gold reserves are and their worth. Is this why CB's have become net gold buyers since 2010. Are CB's about to be caught with their hands in the cookie jar  Ecuador joins the list of nations asking for their gold reserves. That's nation number 4.
Watch out for the fireworks...
www.silverdoctors.com/ec...-of-13-of-gold-reserves/
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Hyundai, Kia face $775 million lawsuit over false fuel economy claims - http://www.reuters.com/a...8A705I20121108?irpc=932
Well those KE fellows that own the Elantra model, goodluck with fuel efficiency... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Argentine judge embargoes $19 billion Chevron assets - http://www.reuters.com/a...8A62AL20121108?irpc=932
Back in the 80s South Americans fought a great deal with most oil giant firms. Seems the spirit is back from 2010. Watch as the Argentine economy gets attacked by the oil honchos, hedge funds, and International Mothers & Fathers (IMF). You will see the headlines soon on debt defaults on bonds etc... But with S. America now more united, this will be a good fight. Remember Ecuador is asking for its gold reserves. Same country that gave Julian Assange asylum. Connect the dots... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Member Joined: 11/13/2006 Posts: 551 Location: Nairobi
|
President Obama has his work cut out for him. December 2012 marks the end of the Bush tax cuts and the beginning of tax increases and budgetary cuts. In the midst of the Great Recession, this would be akin to the conditions in Greece, Spain and Italy and has been referred to as the "fiscal cliff". "(CNSNews.com) - The U.S. Treasury quietly warned at the end of a statement issued last Wednesday that it expects the federal government to hit its legal debt limit before the end of this year--which means before the new Congress is seated--and that "extraordinary measures" will be needed before then to keep the government fully funded into the early part of 2013..." Read more: http://cnsnews.com/news/...e-reached-near-end-2012
"Nov. 7 (Bloomberg) -- Fitch Ratings warned that the U.S. may be downgraded next year unless lawmakers avoid the so-called fiscal cliff and raise the debt ceiling in a timely manner, while Moody’s Investors Service said it will wait to see the economic impact should the nation experience a fiscal shock..." Read more: http://www.sfgate.com/bu...17031.php#ixzz2Bc8jJesI
|
|
|
Rank: Elder Joined: 7/11/2012 Posts: 5,222
|
karanjakinuthia wrote:President Obama has his work cut out for him. December 2012 marks the end of the Bush tax cuts and the beginning of tax increases and budgetary cuts. In the midst of the Great Recession, this would be akin to the conditions in Greece, Spain and Italy and has been referred to as the "fiscal cliff". "(CNSNews.com) - The U.S. Treasury quietly warned at the end of a statement issued last Wednesday that it expects the federal government to hit its legal debt limit before the end of this year--which means before the new Congress is seated--and that "extraordinary measures" will be needed before then to keep the government fully funded into the early part of 2013..." Read more: http://cnsnews.com/news/...e-reached-near-end-2012
"Nov. 7 (Bloomberg) -- Fitch Ratings warned that the U.S. may be downgraded next year unless lawmakers avoid the so-called fiscal cliff and raise the debt ceiling in a timely manner, while Moody’s Investors Service said it will wait to see the economic impact should the nation experience a fiscal shock..." Read more: http://www.sfgate.com/bu...17031.php#ixzz2Bc8jJesI
Will this affect our market? Is this another Kenyan crash in the making? Or is it, our bull will turn to a bear?
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Oh dear Rwanda...  West must lift Rwanda aid freeze or risk crisis: AfDB - http://www.reuters.com/a...b-idUSBRE8A80OH20121109
Quote:Western donors must lift an aid freeze on Rwanda, imposed over its alleged support for Congo rebels, to avoid damaging its economy and causing a new crisis in the region, the head of the African Development Bank (AfDB) said.
Rwanda, which relies on donors for about 40 percent of its budget, has recorded robust growth rates in recent years on the back of increased investments and consumption.
But the Central African country's Finance Minister John Rwangobwa said last week the economy could take a hit after Washington, Berlin and other donors suspended some of their aid over accusations Rwanda was backing M23 rebels fighting in eastern Congo.
Rwandan President Paul Kagame denies the allegations.
Aid to Rwanda should resume "as soon as possible and that means yesterday," said AfDB president Donald Kaberuka who is Rwandan.
"The damage could be significant and the cost of recovery even higher," Kaberuka told Reuters in an interview on Thursday, adding the cutting of aid flows could create a crisis in the region.
"There is no reason whatsoever to create an economic crisis in the Great Lakes because that would impact on all the countries in the Great Lakes." The closest case to Kagame is Malawi's Mutharika... Watch this space for the econ hitmen have their tools of econ destruction on the loose $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Elder Joined: 7/11/2012 Posts: 5,222
|
hisah wrote:Oh dear Rwanda... West must lift Rwanda aid freeze or risk crisis: AfDB - http://www.reuters.com/a...b-idUSBRE8A80OH20121109
Quote:Western donors must lift an aid freeze on Rwanda, imposed over its alleged support for Congo rebels, to avoid damaging its economy and causing a new crisis in the region, the head of the African Development Bank (AfDB) said.
Rwanda, which relies on donors for about 40 percent of its budget, has recorded robust growth rates in recent years on the back of increased investments and consumption.
But the Central African country's Finance Minister John Rwangobwa said last week the economy could take a hit after Washington, Berlin and other donors suspended some of their aid over accusations Rwanda was backing M23 rebels fighting in eastern Congo.
Rwandan President Paul Kagame denies the allegations.
Aid to Rwanda should resume "as soon as possible and that means yesterday," said AfDB president Donald Kaberuka who is Rwandan.
"The damage could be significant and the cost of recovery even higher," Kaberuka told Reuters in an interview on Thursday, adding the cutting of aid flows could create a crisis in the region.
"There is no reason whatsoever to create an economic crisis in the Great Lakes because that would impact on all the countries in the Great Lakes." The closest case to Kagame is Malawi's Mutharika... Watch this space for the econ hitmen have their tools of econ destruction on the loose They are due for elections. They probably want Kagz out and a chunk of Rwanda's natural resources; which is alot on the said border.
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Mukiri wrote:hisah wrote:Oh dear Rwanda... West must lift Rwanda aid freeze or risk crisis: AfDB - http://www.reuters.com/a...b-idUSBRE8A80OH20121109
Quote:Western donors must lift an aid freeze on Rwanda, imposed over its alleged support for Congo rebels, to avoid damaging its economy and causing a new crisis in the region, the head of the African Development Bank (AfDB) said.
Rwanda, which relies on donors for about 40 percent of its budget, has recorded robust growth rates in recent years on the back of increased investments and consumption.
But the Central African country's Finance Minister John Rwangobwa said last week the economy could take a hit after Washington, Berlin and other donors suspended some of their aid over accusations Rwanda was backing M23 rebels fighting in eastern Congo.
Rwandan President Paul Kagame denies the allegations.
Aid to Rwanda should resume "as soon as possible and that means yesterday," said AfDB president Donald Kaberuka who is Rwandan.
"The damage could be significant and the cost of recovery even higher," Kaberuka told Reuters in an interview on Thursday, adding the cutting of aid flows could create a crisis in the region.
"There is no reason whatsoever to create an economic crisis in the Great Lakes because that would impact on all the countries in the Great Lakes." The closest case to Kagame is Malawi's Mutharika... Watch this space for the econ hitmen have their tools of econ destruction on the loose They are due for elections. They probably want Kagz out and a chunk of Rwanda's natural resources; which is alot on the said border. Yep. And if Kagz makes a come back, that econ will be crimped seriously $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Wazua
»
Investor
»
Economy
»
Investors Lounge
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|