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Satchu's Rich Wrap-Up
Tuesday 14th of February 2017

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The Latest Daily PodCast can be found here on the Front Page of the site

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Nothing beats the Indian Ocean #Mombasa

I am at the Coast. Dad has been poorly. And trying to sort out his
affairs. Its painful in fact.

Happy Valentine's Day

Valentine's Day, also called Saint Valentine's Day or the Feast of
Saint Valentine,[1] is an annual holiday celebrated on February 14. It
originated as a Western Christian liturgical feast day honoring one or
more early saints named Valentinus

Numerous early Christian martyrs were named Valentine.[11] The
Valentines honored on February 14 are Valentine of Rome (Valentinus
presb. m. Romae) and Valentine of Terni (Valentinus ep. Interamnensis
m. Romae).[12] Valentine of Rome was a priest in Rome who was martyred
in 269 and was added to the calendar of saints by Pope Galesius in 496
and was buried on the Via Flaminia. The relics of Saint Valentine were
kept in the Church and Catacombs of San Valentino in Rome, which
"remained an important pilgrim site throughout the Middle Ages until
the relics of St. Valentine were transferred to the church of Santa
Prassede during the pontificate of Nicholas IV".[13][14] The
flower-crowned skull of Saint Valentine is exhibited in the Basilica
of Santa Maria in Cosmedin, Rome. Other relics are found at Whitefriar
Street Carmelite Church in Dublin, Ireland.[15]

Chaucer wrote:

For this was on seynt Volantynys day
Whan euery bryd comyth there to chese his make.

["For this was on St. Valentine's Day, when every bride cometh there
to choose his mate."]

The earliest surviving valentine is a 15th-century rondeau written by
Charles, Duke of Orléans to his wife, which commences.

Je suis desja d'amour tanné
Ma tres doulce Valentinée...

— Charles d'Orléans, Rondeau VI, lines 1–2[53]
At the time, the duke was being held in the Tower of London following
his capture at the Battle of Agincourt, 1415.[54]

The earliest surviving valentines in English appear to be those in the
Paston Letters, written in 1477 by Margery Brewes to her future
husband John Paston "my right well-beloved Valentine".[55]

Valentine's Day is mentioned ruefully by Ophelia in William
Shakespeare's Hamlet (1600–1601):

To-morrow is Saint Valentine's day,
All in the morning betime,
And I a maid at your window,
To be your Valentine.
Then up he rose, and donn'd his clothes,
And dupp'd the chamber-door;
Let in the maid, that out a maid
Never departed more.

— William Shakespeare, Hamlet, Act IV, Scene 5

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At Mar-a-Lago, Trump tackles crisis diplomacy at close range
Law & Politics

(CNN) The iceberg wedge salads, dripping with blue cheese dressing,
had just been served on the terrace of Mar-a-Lago Saturday when the
call to President Donald Trump came in: North Korea had launched an
intermediate-range ballistic missile, its first challenge to
international rules since Trump was sworn in three weeks ago.

The launch, which wasn't expected, presented Trump with one of the
first breaking national security incidents of his presidency. It also
noisily disrupted what was meant to be an easygoing weekend of
high-level male bonding with the more sobering aspects of global

Sitting alongside Japanese Prime Minister Shinzo Abe, with whom he'd
spent most of the day golfing, Trump took the call on a mobile phone
at his table, which was set squarely in the middle of the private
club's dining area.

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There's a reason why not a single Arab dictator has called out Donald Trump so far Robert Fisk @indyvoices
Law & Politics

If the President toured these Arab dictatorships, he’d feel very much
at home. Great security, fantastic police, lots of torture,
alternative facts, extremely dodgy elections and massive economic
projects which damage the environment but prove absolutely useless

 If it’s not the “bad dude”/“Islamic fascism” mantra of the Trump
regime, it’s the “only-we-stand-against-Islamic-terror” nonsense of
the Arab regimes. Dictators and violent governments in the Middle East
have been trading this garbage for years. We’ve had the Sadats and
Moubaraks and Sissis and the Assads and the Saddams and the Gulf Kings
all bellowing fantasies at their own people and threatening anyone who
disagrees with them.

Indeed, the cowardly, pro-government press of much of the Middle East
looks very much like the kind of compliant journalism Trump believes
in. For Egyptian State television or Syrian TV, watch Fox News. Arab
security cops have the kind of powers that the US government envies
and would like its own police to possess. In the Middle East,
minorities are repressed, judges are brow-beaten, politicians
threatened – and its rulers believe in torture. Remind you of anyone?
Welcome to TrumpWorld!

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Why Israel is in for a Rough Ride Under Trump
Law & Politics

“It’s an inconceivably scary thought,” he wrote this week, “that the
Trump administration is simply winging it, breakneck, disrupting and
detonating and taking America apart – and all of it without a plan.
But here’s the even scarier possibility – that there is, in fact, a

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Currency Markets at a Glance WSJ
World Currencies

Euro 1.0610
Dollar Index 100.86
Japan Yen 113.43
Swiss Franc 1.0045
Pound 1.2537
Aussie 0.7678
India Rupee 66.935
South Korea Won 1140.33
Brazil Real 3.1116
Egypt Pound 16.9995
South Africa Rand 13.2829

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Surging iron ore BN Commodities

Emerging Markets

Frontier Markets

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The UAE is going to set up a second military base in the Horn of Africa, sparking concern among some governments in the region.

The Somaliland parliament approved the deal for the northern port of
Berbera on Sunday, with 144 lawmakers voting for, two against and two

Under the 30-year deal, the Emirati government will have exclusive
rights to Somaliland’s largest port and manage and oversee operational

DP World, the UAE’s ports operator company, will supervise the port,
which will gain a naval base as well as an air base. The lease of the
port is contingent on the $442 million deal with DP World.

In return, Somaliland will get investment as well as international
recognition: no other country has yet recognised the breakaway
territory – which separated itself from the rest of Somalia in 1993 -
as an "independent state".

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South Africa All Share Bloomberg +4.55% 2017

Dollar versus Rand 6 Month Chart INO 13.2829

Egypt Pound versus The Dollar 3 Month Chart INO 16.9995

Nigeria All Share Bloomberg -6.07% 2017

Ghana Stock Exchange Composite Index Bloomberg +6.98% 2017

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Glencore Buys Out Billionaire With $1 Billion Congo Mining Deal

Copper is at a 20-month high and cobalt, an essential element in
lithium-ion batteries, soared 75 percent since the beginning of last
year. Competition for cobalt resources is intensifying amid a global
boom for electric vehicles.

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Kenya Shilling versus The Dollar Live ForexPros 103.705
Kenyan Economy

Nairobi All Share Bloomberg -6.17% 2017

Nairobi ^NSE20 Bloomberg -7.93% 2017

2,933.69 -17.93 -0.61%

Every Listed Share can be interrogated here

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by Aly Khan Satchu (www.rich.co.ke)
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February 2017

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