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hisah
#2851 Posted : Thursday, November 29, 2012 7:29:31 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Importers turn to Dar port as Kenya election draws closer - http://bit.ly/Tw6ELm

Quote:
“We have started noticing reductions in import volumes. Traders are conscious about the elections period and we should expect little imports beginning January next year”, he said in an exclusive interview with The New Times.

He observed that last year, the imports were increasing by 20 per cent compared to 4 per cent this year, adding that in January they expect total reduction, meaning that few imports would pass through the Mombasa port.

The drop in imports means that some goods will not be available on the market, which could trigger price hikes.


The last paragraph is a spiked up punchline Sad

Oh dear, we have bad reputation coz of silly politics...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#2852 Posted : Thursday, November 29, 2012 7:31:48 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
^^^ M7 cannot afford another episode like 2007/8 No...
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
hisah
#2853 Posted : Thursday, November 29, 2012 7:50:16 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
MPs fast track bill to cap political campaign spending - http://www.businessdaily.../-/4ldw6uz/-/index.html

Quote:
The Bill allows candidates to receive contributions through harambees but bars foreign governments, non government, the State or any public institution. Surplus campaign funds held by a candidate or a party shall be submitted to the commission.


I wonder how this will be tracked...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2854 Posted : Friday, November 30, 2012 6:00:42 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
The EA hot money roadmap - http://www.nation.co.ke/...8/-/esbnpu/-/index.html

As usual infrastructure targets billions of USD to realize.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#2855 Posted : Friday, November 30, 2012 6:23:40 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
hisah wrote:
The EA hot money roadmap - http://www.nation.co.ke/...8/-/esbnpu/-/index.html

As usual infrastructure targets billions of USD to realize.




When is S.Sudan dining on the big table with the rest?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
hisah
#2856 Posted : Friday, November 30, 2012 2:49:48 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
New Iran sanctions to end Turkey's 'gold-for-gas' gambit, senior US aide says - http://www.hurriyetdaily...35646&NewsCatID=344

Quote:
New sanctions aimed at reducing global trade with Iran in the energy, shipping and metals sectors may soon be considered by the U.S. Senate as part of an annual defense policy bill, senators and aides said on Tuesday.

The sanctions legislation, which has not yet been unveiled, comes during a crowded calendar as the Senate races to deal with deficit reduction, the defense bill and other pressing issues by the end of the year.


Persians have really tried to stay afloat with all the the economical blockade. The likes of Zimbabwe crumbled in a few months. Russia, Japan and China giving the Persians a critical lifeline. Unless that lifeline is smashed, the blockade will not be effective as expected.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2857 Posted : Saturday, December 01, 2012 6:34:45 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Moodys downgrades ESM - www.telegraph.co.uk/fina...grades-ESM-and-EFSF.html



Quote:
Moody's cut the triple-A rating of the European Stability Mechanism euro rescue fund on Friday by one notch and gave it a negative outlook, citing its earlier downgrade of key ESM backer France. The French downgrade on November 19 "reflects the rating agency's view that there has been a marginal diminution in the certainty that the sovereign will fulfill its financial obligations" including its commitment to support the ESM. Moody's put the ESM's new rating at Aa1, and also cut the ESM predecessor, the European Financial Stability Facility, to a "provisional" Aa1 from provisional Aaa, for the same reason, AFP reported.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2858 Posted : Saturday, December 01, 2012 6:42:48 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
murchr wrote:
hisah wrote:
The EA hot money roadmap - http://www.nation.co.ke/...8/-/esbnpu/-/index.html

As usual infrastructure targets billions of USD to realize.




When is S.Sudan dining on the big table with the rest?

Soon - www.nation.co.ke/busines...32/-/u8r863/-/index.html

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#2859 Posted : Saturday, December 01, 2012 7:45:29 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Guest blog post by Acting Commerce Secretary Rebecca Blank

Quote:
During the last week I've been in South and East Africa to advance key elements of President Obama's "Strategy Toward Sub-Saharan Africa," focusing on the promotion of economic growth, trade and investment in the continent.

On Wednesday in Johannesburg,.......

Then, on Thursday and Friday, I traveled to Nairobi, Kenya, to meet with heads of state and senior trade ministers from the East African Community (EAC), a regional organization that includes Kenya, Tanzania, Uganda, Rwanda and Burundi. We signed an agreement to launch the Commercial Dialogue between the EAC and the U.S., the first of its kind in Africa. Our goal is to create an environment where American businesses can both invest in the region and sell their products and services to meet the increasing demand from the growing middle class in East Africa.

Link

Every Indication that East Africans will be able to afford Cadillacs and Buicks
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
murchr
#2860 Posted : Monday, December 03, 2012 2:15:55 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Why emerging economies are shifting the balance of power in global trade

A great read
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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