East Africa's poor reach 53m despite anti-poverty drive. Title of a small piece in Business Daily today (pg 14). If you weren't able to get the paper you can read the piece below.

The number of East Africans living below the poverty line has increased from 44 million to 53 million people, according to a new report. The report dubbed 'State of East Africa 2012' indicates that the number of people living below the poverty line has increased despite efforts by member states to challenge the vice as a bloc.

Poverty continues to grow in the region even as member states apart from Burundi and Kenya report a reduction in the share of people living below the poverty line. Amb Richard Sezibera said: "Even as leaders and institutions, in both the corporate and political arena, embrace good governance and paying close attention to the dictates of sustainable development, poverty continues to persist"

Some people think things are all good (well no really)-that Kenya is on track to reduce poverty. But those Easter conversation with family esp those upcountry tell such a different story. Something my folks told me that "things just aren't getting better these days-look at all the unrest in Kenya, strikes & all. Don't close your eyes, the last three years have been bad-costs rising too fast." Off course my folks represent what everyone is thinking in this country. Poverty is on the rise in East Africa still remains the title.

And now Persia cuts oil exports to Spain. No need to sell it to a broke alejandro... Alejandro now joins hellena in the persian oil sale client blacklist. I thot persia was under harsh econ sanctions, cut off from SWIFT & facing a military threat from the west...

http://edition.presstv.i...le/detail.aspx?id=235523

[quote=murchr]The Euro is finished. Spain now wants to grow weed to save themselves from the Euro crisis http://www.euronews.com/...-to-lower-spanish-debt/[/quote]
I guess alejandros need an escape from the harsh reality. So blazzing some weed should do the trick. Blazzed wananchi cannot riot. Sheer genius idea this...

People thought Greece was the thorn in the flesh, but no...Italy and Spain are the real issue

http://www.reuters.com/a...y-idUSBRE83A0NL20120411

http://www.spiegel.de/in...ional/topic/euro_crisis/

World bank president is Jim Yong Kim as per expectation. Now back to bankster paradise gimmicks...

Iran becomes new frontier for Kenyan tea. In Feb exports increased by 113% compared to last year. Hmmm... I thought persia has been blocked from SWIFT and is facing severe econ sanctions. How are they paying KE?

http://www.standardmedia...ier%20for%20Kenyan%20tea

Yep, April was definitely going to be a sellside trigger for many financial markets especially euroland... I'm waiting to see how holland will maintain its AAA credit rating. As usual euroland is fixed goes the swan song since 2010... At least the Spanish PM was frank enough last week when he pointed out that the LTROs didn't fix anything in euroland. And for this reason I expect one sarkozy to be kicked out in the upcoming french elections. And they're many elections in euroland this year...



http://www.thestar.com/b...f-talks-to-lower-budget

Meanwhile the pharaoh-land will likely be the new persia after they cancelled the gas deal with Israel. Things are frothing as expected.



http://www.reuters.com/a...s-idUSL5E8FM2XZ20120422

[quote=hisah]And now Persia cuts oil exports to Spain. No need to sell it to a broke alejandro... Alejandro now joins hellena in the persian oil sale client blacklist. I thot persia was under harsh econ sanctions, cut off from SWIFT & facing a military threat from the west...

http://edition.presstv.i...e/detail.aspx?id=235523[/quote]


Tick tock... The clock is ticking on Iran. Me thinks that once the west has done the PR on iraq war, Iran is next in the sights. That of course will be after the US elections