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hisah
#2211 Posted : Monday, February 20, 2012 9:45:46 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
I can see on March 8, matatus intend to go on strike. Now when brent is above $125 and crude above $115, I wonder if they'll call another strike due to fuel price escalation. Indeed just as 2011 started so is 2012 with labour fights escalating. But I really fear for Nigeria if the fuel subsidy is permanently removed. There will be a revolt in that nation as they clearly sent a message back in Jan 2012.

http://www.nation.co.ke/...4/-/pug9oz/-/index.html

http://af.reuters.com/ar...s/idAFL5E8DK19V20120220



$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2212 Posted : Monday, February 20, 2012 10:26:53 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
I get mad seeing such talent going to waste while some politicos are busy bickering about tribal politics...

https://www.youtube.com/...ture=endscreen&NR=1

Hmmm... Konza city was also presented at Stanford University.

https://www.youtube.com/watch?v=iNxGFBVSwPU
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
youcan'tstopusnow
#2213 Posted : Tuesday, February 21, 2012 7:00:38 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Iran says it could attack first
http://www.bbc.co.uk/new...ld-middle-east-17116588
That should keep oil higher...
GOD BLESS YOUR LIFE
StatMeister
#2214 Posted : Tuesday, February 21, 2012 8:09:25 PM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
hisah wrote:
I can see on March 8, matatus intend to go on strike. Now when brent is above $125 and crude above $115, I wonder if they'll call another strike due to fuel price escalation. Indeed just as 2011 started so is 2012 with labour fights escalating. But I really fear for Nigeria if the fuel subsidy is permanently removed. There will be a revolt in that nation as they clearly sent a message back in Jan 2012.

http://www.nation.co.ke/...4/-/pug9oz/-/index.html

http://af.reuters.com/ar...s/idAFL5E8DK19V20120220





Inflation and interest are inversely related, and these e-CON-omists have been telling us interest rates follow inflation
A bad day fishing is better than a good day at work
hisah
#2215 Posted : Tuesday, February 21, 2012 11:28:06 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
I can see BD has also started paying attention to intl oil prices and not ERC.

Another round of oil inflation is on the cards and CBs will yet again fight for local currencies as they get knocked about by USD demand for import bill cover. High oil prices, strong USD demand, stubbornly high inflation and you have an econ cocktail reading recession or stagflation.

This cocktail will keep a lid on NSE preventing recovery and soon the same theme will be on global stocks. Add a Greece default and the cocktail becomes poison.

Watch tbills, USDKES, fuel pump prices, power bills, CBR for a clue on how to shield your investments. I'd also be out of loans. At 82/83s USDKES is a buy for me. I still see the cross going back above 90s by year end. CBK cant print oil nor food. Those 2 commodities will cause havoc to many treasury ministries globally.

http://bit.ly/Ae9YrZ
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Scubidu
#2216 Posted : Wednesday, February 22, 2012 10:53:36 AM
Rank: Veteran

Joined: 9/4/2009
Posts: 700
Location: Nairobi
The East African ride to Middle Income

read more:

http://blogs.worldbank.o...an-ride-to-middle-income
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
FUNKY
#2217 Posted : Wednesday, February 22, 2012 11:19:03 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
hisah
#2218 Posted : Thursday, February 23, 2012 12:37:54 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Headed out of this galaxy aka fantastic voyage! https://www.youtube.com/...I7c&feature=related

Greece 1yr bond yield



This is a strong warning that a major market correction aka crash is on the cards.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2219 Posted : Thursday, February 23, 2012 8:14:19 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
On Feb 29 another ECB LTRO will expand their balance sheet. LTRO 2.0 will be twice as large than the first round. In short ECB is stealthly printing money which people thought it cant Think

Definitely this rapid money expansion is going to bite back when the time comes, but in the meantime expect commodities to rally like mad. So oil will not only be boosted by iran tensions, but also this money tsunami?! How this is supposed to help PIIGS & the global economy is anyone's guess in this global ponzinomics...

http://www.ftense.com/20...n-bank-bailout.html?m=1


$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2220 Posted : Thursday, February 23, 2012 8:36:03 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Russia warns Israel against striking Iran - http://edition.presstv.i...e/detail.aspx?id=228019

Greece parliament may just pass bills that increase the bondholders bond haircuts...

http://www.dowjones.com/...uro-ZoneDebtFallout.asp
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
543 Pages«<220221222223224>»
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