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Cde Monomotapa
#1381 Posted : Monday, September 05, 2011 8:12:42 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
@ycsun..

Our foreign "friends" have began creating employment for themselves smile

World leaders have unblocked $15 billion in funds to help Libya’s victorious rebels rebuild their shattered country as fugitive strongman Muammar Gaddafi called for guerilla warfare.

French President Nicolas Sarkozy, the rebels’ most prominent backer from the outset, announced that billions of dollars in Libyan assets frozen abroad will now be unblocked.

“Around $15 billion have been immediately unfrozen ... we want to give back to the Libyans the money that was frozen and that was stolen from them,” he said.

http://www.businessdaily...6/-/u8xtx2z/-/index.html
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erifloss
#1382 Posted : Monday, September 05, 2011 8:50:57 PM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
Obama is shooting from the hip. It seems he's setting up GOP and Congress for his Thursday employment speech. Lets wait and see though seems he might go for direct employment & tax cuts for the middle class. World markets are patiently waiting.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Cde Monomotapa
#1383 Posted : Monday, September 05, 2011 9:51:25 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
erifloss wrote:
Obama is shooting from the hip. It seems he's setting up GOP and Congress for his Thursday employment speech. Lets wait and see though seems he might go for direct employment & tax cuts for the middle class. World markets are patiently waiting.

They should also couple it with fiscal discipline and stop wasting time @ that.
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youcan'tstopusnow
#1384 Posted : Tuesday, September 06, 2011 12:52:34 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
@ycsun..

Our foreign "friends" have began creating employment for themselves smile

World leaders have unblocked $15 billion in funds to help Libya’s victorious rebels rebuild their shattered country as fugitive strongman Muammar Gaddafi called for guerilla warfare.

French President Nicolas Sarkozy, the rebels’ most prominent backer from the outset, announced that billions of dollars in Libyan assets frozen abroad will now be unblocked.

“Around $15 billion have been immediately unfrozen ... we want to give back to the Libyans the money that was frozen and that was stolen from them,” he said.

http://www.businessdaily.../-/u8xtx2z/-/index.html

*Sigh*
GOD BLESS YOUR LIFE
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  | | Edit by user: Tuesday, September 06, 2011 1:12 AM | Reason: Not specified
youcan'tstopusnow
#1385 Posted : Tuesday, September 06, 2011 1:12:10 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Elsewhere in the capital, black Libyans and other migrants are being arrested on sight and imprisoned by armed residents, rebel fighters and untrained officials who have assumed localised control of security in the wake of Muammar Gaddafi's defeat and disappearance. http://english.aljazeera...201191102134823327.html
"Once you're a black man, even the small boys oppress you,"
Tough Times Being Black in Libya!
GRACIAS NATO
GOD BLESS YOUR LIFE
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  | | Edit by user: Tuesday, September 06, 2011 1:23 AM | Reason: Not specified
hisah
#1386 Posted : Tuesday, September 06, 2011 6:43:46 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Syria, Yemen & Libya - Libya makes more biz sense to the military industrial complex... But I'd be uncomfy as NATO with Gaddafi on the lose. This is not over yet...

Meanwhile, Dexia, that Belgium bank that leeched on Fed bank the most back in 2008 during GFC, the CEO now resigns. Btw it started leeching again this yr. I guess this baby cannot stop suckling even after growing molars! Anyway been a good shorting stock this year.
The article below is translated so the english might read a bit drunk smile

http://translate.google....cleid%3DDMF20110905_145


$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Cde Monomotapa
#1387 Posted : Tuesday, September 06, 2011 6:49:43 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Buck em'
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hisah
#1388 Posted : Tuesday, September 06, 2011 11:14:01 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
So it not only the KE teachers on strike...

http://www.news.com.au/b...y-e6frfku0-1226130575492
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#1389 Posted : Wednesday, September 07, 2011 5:54:03 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Greece gubberment bond 1yr yield @88.5%... I won't post the graph. It is very 'scary' to look at... Don't forget today is when Bundestag rules on German's bailout of Greece et al who somehow have run broke after trillions were pumped last yr by ECB.

@kizee1 & @scubidu will lavish that yield chart as well as other bond traders...

There's fire in the hole today in euroland... Global trading desks are antsy...

http://www.bloomberg.com...quote?ticker=GGGB1YR:IND
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Cde Monomotapa
#1390 Posted : Wednesday, September 07, 2011 7:11:15 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
88% in Euro terms then flip it back to KES smile... Hubba, hubba. The only question is will Greece be there 1yr from today? Laughing out loudly Laughing out loudly
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