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Cde Monomotapa
#3301 Posted : Thursday, March 14, 2013 9:13:43 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Interesting > No change in relations with Kenya - World Bank http://www.capitalfm.co....relations-with-kenya-wb/
Cde Monomotapa
#3302 Posted : Thursday, March 14, 2013 10:24:56 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
[/quote]
Cde Monomotapa wrote:
jerry wrote:
SittingPretty wrote:
Cde Monomotapa wrote:
Brent finally acting right somewhat @$108.55. What would it take for it to be @$100* near-term?

Good news in the middle East, Sums up!!! Reserve built up in the US plus increased domestic output... pain for OPEC!

Will China's high consumption increase demand and hence note price up?

@Jerry there's China-domestic & China-export. The latter, as with all in BRICS, has demand problems due to Western woes. Creates a tough global oil (downward) demand equation medium-term.

And that's where Africa comes in as a global growth point to try absorb idling capacity too. Only trick is in the lead-time. Nevertheless, the Future is now.
hisah
#3303 Posted : Friday, March 15, 2013 12:24:51 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Budget UK - http://blogs.telegraph.c...s-faster-than-earnings/

The recession (triple dip), high unemployment, tax, tax & taxes then add a CB favouring the £ to devalue and you have a restive civil atmosphere suffering wage shrinkage and inflation. Stagflation is the worst pill to give a restive citizenry... A Bulgaria is waiting to happen here.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3304 Posted : Friday, March 15, 2013 12:51:31 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
US markets close with Dow still printing all time highs. S&P500 is just about to flow suit. Meanwhile VIX at all time lows.

Tipping point coming soon... This will be a spectacular show. Stay tuned.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#3305 Posted : Friday, March 15, 2013 3:34:25 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
hisah wrote:
US markets close with Dow still printing all time highs. S&P500 is just about to flow suit. Meanwhile VIX at all time lows.

Tipping point coming soon... This will be a spectacular show. Stay tuned.


Indeed, be very fearful when others are greedy we are set for some real show
"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
.
jonna
#3306 Posted : Friday, March 15, 2013 4:02:15 AM
Rank: Member

Joined: 11/16/2011
Posts: 196
Location: united states of africa
hisah wrote:
US markets close with Dow still printing all time highs. S&P500 is just about to flow suit. Meanwhile VIX at all time lows.

Tipping point coming soon... This will be a spectacular show. Stay tuned.


When the president's speech is being written and prepared for him by I don't know who, its written for him alone but when he is reading it to the public, he is reading it to suckers!!!!!
Energy.
karanjakinuthia
#3307 Posted : Friday, March 15, 2013 10:02:24 AM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
"Draco (pron.: /ˈdreɪkoʊ/; Greek: Δράκων, Drakōn) (circa 7th century BC) was the first legislator of Athens in Ancient Greece. He replaced the prevailing system of oral law and blood feud by a written code to be enforced only by a court. Known for its harshness, draconian has come to refer to similarly unforgiving rules or laws.....

The laws, however, were particularly harsh. For example, any debtor whose status was lower than that of his creditor was forced into slavery.[citation needed] The punishment was more lenient for those owing debt to a member of a lower class. The death penalty was the punishment for even minor offences. Concerning the liberal use of the death penalty in the Draconic code, Plutarch states: "It is said that Drakon himself, when asked why he had fixed the punishment of death for most offences, answered that he considered these lesser crimes to deserve it, and he had no greater punishment for more important ones."[3]

All his laws were repealed by Solon in the early 6th century BC, with the exception of the homicide law.[4]"

Source: http://en.wikipedia.org/wiki/Draco_%28lawgiver%29


The United States is becoming increasingly draconian in its pursuit of taxes to pay the bondholders.

"The Obama administration is drawing up plans to give all U.S. spy agencies full access to a massive database that contains financial data on American citizens and others who bank in the country, according to a Treasury Department document seen by Reuters...."

Read more:

http://www.cnbc.com/id/100551630


"With professional golfers and hedge fund managers talking about moving to lower-tax enclaves, states are stepping up audits on top earners who flee.

Several states including California and Maryland raised taxes on high earners last year, and Congress boosted federal levies on them. Families who look to change their domicile to a state with no income taxes such as Florida or Nevada open themselves up to years of scrutiny and possible litigation as local governments search for revenue...."

Read more:

http://www.bloomberg.com...-levies-rise-taxes.html

hisah
#3308 Posted : Friday, March 15, 2013 2:10:11 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
King Says BOE Isn’t Trying to Lower Pound, Recovery Ahead - http://www.bloomberg.com...ees-recovery-ahead.html

Quote:
Bank of England Governor Mervyn King said policy makers aren’t trying to talk down the pound while acknowledging that its drop since before the financial crisis has helped exports.

“The markets determine the level of exchange rate, not us,” King said in an interview with ITV News yesterday, according to a transcript of his remarks. “We’re certainly not looking to push sterling down.”

The pound has fallen about 5 percent against the dollar since the beginning of last month. In that time, minutes of the central bank’s February decision showed King and two other policy makers were defeated in a push for more stimulus and Moody’s Investors Service cut the U.K.’s top credit rating. King also said that an economic recovery is “in sight.”


White lies these by the CB and the market can see it squarely. It's all about exports. Debasement aka currency wars while nations pickpocket one another trying to goose up their export revenues as economies fail to launch even with the current stimulus printing mania in US, Jap and Europe.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3309 Posted : Friday, March 15, 2013 10:42:37 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
SEC fines SAC Capital $614m over insider trading - http://www.telegraph.co....er-insider-trading.html

Quote:
The Securities and Exchange Commission has fined a unit of the hedge fund SAC Capital Advisors more than $600m over insider trades that netted hundreds of millions of dollars in illicit profits.


Market top Think
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
youcan'tstopusnow
#3310 Posted : Saturday, March 16, 2013 9:28:15 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Argentina 'Dirty War'
accusations haunt Pope
Francis

In February - for the first
time - the Argentine judiciary issued a ruling which stated that the Church was complicit in the abuses, and added that the Church was still refusing to investigate
those believed responsible.
Pope Francis was not part of the Catholic hierarchy at the time, but he was head of the
Society of Jesus, or Jesuits, in Argentina.
Two journalistic
investigations - one in 1986, the other in 2005 - argued that the new Pope was a "collaborationist".
Both stated the view that Fr Bergoglio was close to the military.
http://www.bbc.co.uk/news/world-europe-21794798
GOD BLESS YOUR LIFE
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