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Investors Lounge
hisah
#2841 Posted : Monday, November 26, 2012 7:38:30 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Prominent GOP Senators Saxby Chambliss of Georgia and Lindsey Graham of South Carolina became the latest lawmakers, along with Rep. Peter King to step away from the anti-tax pledge overseen by Grover Norquist, president of Americans for Tax Reform. - http://y2u.be/8r9BF8ZufcI

More Republican lawmakers break ranks with Grover Norquist - Cliffwatch

The bickering continues as the window closes... #Goodluck
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2842 Posted : Monday, November 26, 2012 7:46:27 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Qatar cashes in Barclays warrants, shares drop - http://reut.rs/YiBR8G

Hong Kong looks to reform interbank rates after Libor scandal - http://reut.rs/So7qZp
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2843 Posted : Tuesday, November 27, 2012 8:44:30 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
CME Declares Force Majeure at Manhattan Gold Depository - www.nasdaq.com/article/c...21126-00921#.ULQitXy9KSM

Closer it is getting. Many exchanges are about to fail delivering contracts. That's when prices of physical precious metals will unleash a huge parabolic. Coming soon - the spiral started on Dec 7 2011...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2844 Posted : Wednesday, November 28, 2012 3:02:19 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Africa’s economic take-off: It is elections (however dubious) that really count - http://bit.ly/Sdrzl6
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2845 Posted : Wednesday, November 28, 2012 3:03:45 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Africa chokes telecoms growth by hoarding spectrum - http://reut.rs/UVzMsl

Quote:
African governments are stifling telecoms development by failing to sell more bandwidth to mobile phone operators, a mistake that could undermine growth in the world's poorest continent.

After an explosion in the use of mobiles for phone calls, consumers in countries such as South Africa, Nigeria and Kenya are increasingly using them to access the Internet.

That requires more spectrum, the range of radio waves set aside for cellular networks. But many governments in sub Saharan Africa lack the motivation, know-how and money needed to auction more bandwidth to meet the demand, industry participants and analysts say, which bodes ill for economies.

The World Bank estimates that with every 10 percent growth in broadband penetration, African economies grow by a corresponding 1.4 percent.

"The governments do not know how to release it and do not see the importance of prioritising the release of spectrum," said Peter Lyons, a director of spectrum policy at GSMA, a UK-based mobile industry body.


The mobile phone in Africa is now a basic right and an economical enabler. No time for dim thinking by African govts about how to boost their telco industries. Change is inevitable and the sooner they embrace it the better.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2846 Posted : Wednesday, November 28, 2012 3:16:08 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Is M-PESA Replacing Cash in Kenya? - http://www.cgap.org/blog...sa-replacing-cash-kenya
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Mukiri
#2847 Posted : Wednesday, November 28, 2012 3:54:46 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
hisah wrote:
Africa chokes telecoms growth by hoarding spectrum - http://reut.rs/UVzMsl

Quote:
African governments are stifling telecoms development by failing to sell more bandwidth to mobile phone operators, a mistake that could undermine growth in the world's poorest continent.

After an explosion in the use of mobiles for phone calls, consumers in countries such as South Africa, Nigeria and Kenya are increasingly using them to access the Internet.

That requires more spectrum, the range of radio waves set aside for cellular networks. But many governments in sub Saharan Africa lack the motivation, know-how and money needed to auction more bandwidth to meet the demand, industry participants and analysts say, which bodes ill for economies.

The World Bank estimates that with every 10 percent growth in broadband penetration, African economies grow by a corresponding 1.4 percent.

"The governments do not know how to release it and do not see the importance of prioritising the release of spectrum," said Peter Lyons, a director of spectrum policy at GSMA, a UK-based mobile industry body.


The mobile phone in Africa is now a basic right and an economical enabler. No time for dim thinking by African govts about how to boost their telco industries. Change is inevitable and the sooner they embrace it the better.


Applause Wonder what governments gain by limiting development? If its 'eating', why not eat and invest? Or is 'eating' synonymous with finishing off?

Proverbs 19:21
hisah
#2848 Posted : Wednesday, November 28, 2012 4:23:12 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Egypt’s highest appeals court suspends work nationwide to protest Morsi decrees - https://rt.com/news/egyp...peal-court-suspend-803/

Egypt yet again like last year is tipping again... It always starts around November - November 2010 and now November 2012. Gaza region is a hot political bed that could spook many things globally.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2849 Posted : Thursday, November 29, 2012 11:20:12 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
The BRICS world bank - https://thediplomat.com/...-the-worlds-new-banker/

SA has seen its econ thrown under the bus by some angry...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2850 Posted : Thursday, November 29, 2012 2:39:39 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
U.S. Firms Move Abroad to Cut Taxes - http://online.wsj.com/ar...tml?mod=wsj_share_tweet

Yep, I expect more to ship out of US as the Bush tax cuts expire by year end...

Quote:
More big U.S. companies are reincorporating abroad despite a 2004 federal law that sought to curb the practice. One big reason: Taxes.

Companies cite various reasons for moving, including expanding their operations and their geographic reach. But tax bills remain a primary concern. A few cite worries that U.S. taxes will rise in the future, especially if Washington revamps the tax code next year to shrink the federal budget deficit.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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