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Attempted Coup in South Sudan

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VituVingiSana		#1 Posted : Monday, December 16, 2013 9:24:18 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,378 Location: Nairobi		Let's see who will be affected. Co-op which recently opened branches. They have made ZERO & will already face huge losses. KCB - Branches closed? Looting? Equity - Branches closed? Looting? KQ - Suspended flights Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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streetwise		#2 Posted : Monday, December 16, 2013 9:56:58 AM
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi		how sad for this young nation..I pray they go back to normality
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mkonomtupu		#3 Posted : Monday, December 16, 2013 10:00:40 AM
Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road		From what I gather this is a small fight between the Dinka and Nuer over some army barracks
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VituVingiSana		#4 Posted : Monday, December 16, 2013 10:08:59 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,378 Location: Nairobi		mkonomtupu wrote: From what I gather this is a small fight between the Dinka and Nuer over some army barracks Isn't that how it all starts? A 'small fight' between soldiers of different tribes? In 2008, it all started from a few small fights, a few pangas, a few deaths... Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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poundfoolish		#5 Posted : Monday, December 16, 2013 10:11:32 AM
Rank: Elder Joined: 12/2/2009 Posts: 2,458 Location: Nairobi		Question is will the Nuer and Dinka now ever stop fighting..? If a fight over some army barracks has closed major communication channels and airports.. how much harm when elections come.. Remaining question is what losses would our corporates incur?
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King G		#6 Posted : Monday, December 16, 2013 10:41:25 AM
Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo		EABL was trying to penetrate that market. Thieves
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obiero		#7 Posted : Monday, December 16, 2013 7:47:57 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi		VituVingiSana wrote: Let's see who will be affected. Co-op which recently opened branches. They have made ZERO & will already face huge losses. KCB - Branches closed? Looting? Equity - Branches closed? Looting? KQ - Suspended flights Please remove KQ from your list. Watu lazima watapanda ndege kurudi makwao/ugenini!!! Ama? COOP, IMH, KEGN, KQ, MTNU
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obiero		#8 Posted : Monday, December 16, 2013 9:58:58 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,321 Location: nairobi		Ngai. My fear is confirmed. Nimepata msg kuwa KQ imesuspend all flights in and out. Hopefully, Lokichogio should pick up. They'll travel to the border and KQ shall pick them from there! Clutching on straws? :) COOP, IMH, KEGN, KQ, MTNU
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GGK		#9 Posted : Monday, December 16, 2013 10:17:10 PM
Rank: Member Joined: 11/21/2006 Posts: 608 Location: Ruiru		Very worrying. Kenya [and East African] cannot afford anothef source of regional instability. The oil-rich country is ethnically and politically divided, with many armed groups active ...which makes the situation as complex as it is fragile. We need to carefully guard the stability of South Sudan as if it is our own. They also happpen to be major partners in LAPSSET "..I am because we are. "― Ubuntu, Umtu,
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hisah		#10 Posted : Tuesday, December 17, 2013 5:34:49 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		I'm trying to read the crystal ball of SSudan. - SSP devalued a few weeks ago. - $1 Billion reserves to be used to defend the SSP devaluation as well as pay back foreign loans in 2-3 mths as per Sabuni Tisa (Treasury minister). - Oil flow was supposed to normalize in 4-5 mths time. Suddenly there is a coup... Likely effects... - FX reserves will burn out fast... - Expensive USD aka USD rate spike on the cards and on the back of a devalued SSP and soon to be hammered SSP. - Oil export to be crimped yet again. - SSP as well as SS econ to take it in the chin very hard due to the 3 points above. Likely outcome - More devalution on SSP - Interbank rate spike (strangled money velocity) - Inflation spike yet again - Econ growth on deflated tyres - Foreign loans non-payment. And IMF (debt collection Caesar) will be right on time to "help out" on restructuring the loans. Yes, by aiding with more loans and advising on more SSP delavuation!?! - SS CB will have one hell of an ugly fight with inflation, USD rate spike, SSP meltdown and liquidity drought. I have never seen a developing nation in the foreign debt trap pay up its loans. Sabuni Tisa is trying this stunt - got balls of steel this SS Treasury man. Losers as @vvs pointed out as well as the UG/SS border flourishing trade. Winners money changers both legal and black market as USD drought bites hard forcing its rate to spike. KE too is experiencing a restive period at the North toward SS... Perhaps same chaos agents pulling the strings. Oil is a sticky biz just like hard drugs and arms trade due to their cartel nature $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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