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Rank: Elder Joined: 12/2/2009 Posts: 2,458 Location: Nairobi
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youcan'tstopusnow wrote:Visiting, Tanzania, South Africa and Republic of Congo on his first trip abroad as president following a visit to Russia, Xi is expected to build on expanding economic relations that many Africans see as a healthy counterbalance to the influence of the West. The agreements with Tanzania included plans to co-develop a new port and industrial zone complex, a concessional loan for communications infrastructure and an interest free loan to the Tanzanian government. http://www.reuters.com/a...0CG0KV20130324?irpc=932
What is our net gain from China?
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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poundfoolish wrote:youcan'tstopusnow wrote:Visiting, Tanzania, South Africa and Republic of Congo on his first trip abroad as president following a visit to Russia, Xi is expected to build on expanding economic relations that many Africans see as a healthy counterbalance to the influence of the West. The agreements with Tanzania included plans to co-develop a new port and industrial zone complex, a concessional loan for communications infrastructure and an interest free loan to the Tanzanian government. http://www.reuters.com/a...0CG0KV20130324?irpc=932
What is our net gain from China? In terms of as a trading partner, the benefits are heavily skewed for them. In future their energy needs could be a market for our oil, not to mention a potential major addition to the tourism circuit As the article says though, China provides Africa with options to the West GOD BLESS YOUR LIFE
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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The European Union has suspended sanctions against 81 officials and eight firms in Zimbabwe. The decision followed a "peaceful, successful and credible" referendum on a new constitution earlier this month, the EU said in a statement. However, sanctions will remain in force against Zimbabwe's President Robert Mugabe and 10 of his top aides, EU sources said. GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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youcan'tstopusnow wrote:The European Union has
suspended sanctions
against 81 officials and
eight firms in Zimbabwe.
The decision followed a
"peaceful, successful and
credible" referendum on a new constitution earlier this month, the EU said in a statement.
However, sanctions will
remain in force against
Zimbabwe's President Robert Mugabe and 10 of his top aides, EU sources said.
Brother's keeper  and there's more to this meeting that's expected being the unlocking of development finance & getting right with Bretton again - that'll be great for Zim as a whole.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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The Cypriot saver tomorrow will face this scenario http://www.youtube.com/watch?v=EOzMdEwYmDU$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Cde Monomotapa wrote:youcan'tstopusnow wrote:The European Union has
suspended sanctions
against 81 officials and
eight firms in Zimbabwe.
The decision followed a
"peaceful, successful and
credible" referendum on a new constitution earlier this month, the EU said in a statement.
However, sanctions will
remain in force against
Zimbabwe's President Robert Mugabe and 10 of his top aides, EU sources said.
Brother's keeper and there's more to this meeting that's expected being the unlocking of development finance & getting right with Bretton again - that'll be great for Zim as a whole.  "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
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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As expected, the banks won't open today, yet Cyprus was 'saved'. Closure extended again till this Thursday. 12 days and counting with bank doors closed. http://in.reuters.com/ar...s-idINDEE92K0FD20130325
Come what may, the video above will be the scenario when those banks open.
@kk - have you seen the record jump of bitcoin - from $10 to $70?! Spaniards have been downloading the bitcoin mobile app like crazy and joining the virtual currency party. Parabolic parties don't end well... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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hisah wrote:As expected, the banks won't open today, yet Cyprus was 'saved'. Closure extended again till this Thursday. 12 days and counting with bank doors closed. http://in.reuters.com/ar...s-idINDEE92K0FD20130325
Come what may, the video above will be the scenario when those banks open.
@kk - have you seen the record jump of bitcoin - from $10 to $70?! Spaniards have been downloading the bitcoin mobile app like crazy and joining the virtual currency party. Parabolic parties don't end well... kweli dunia ina mambo. "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
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Using Cyprus as a prototype for bank deposit raids who's next on the snipper's radar? Which 2 countries, btw they're also very tiny (land mass & population) have banks that dwarf the nations GDP by multiples? Think in the lines of Malta & Luxemborg. Now just to find out if fat russian deposits exist there too... I still expect a Putin curveball sometime this year to hit hard from Moscow... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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