home | rich profile | rich freebies | rich tools | rich data | online shop | my account | register |
  rich wrap-ups | **richLIVE** | richPodcasts | richRadio | richTV  | richInterviews  | richCNBC  | 
Satchu's Rich Wrap-Up
 
 
Monday 02nd of August 2021
 
Morning
Africa

Register and its all Free.

read more










UNDERSTANDING THE OKAVANGO DELTA @NatGeo
Africa



The Okavango Delta emanates in the highlands of Angola, where the mighty Okavango River begins as just a trickle before gradually becoming the third largest river in southern Africa that flows for over 1,600km to reach inland Botswana. 

Around 60,000 years ago, the river deposited its water into Lake Makgadikgadi, a paleolake believed to have covered over 100,000km² of Botswana’s interior. 

At a time when we were just dragging ourselves into the Later Stone Age, most of southern Africa was rattled by severe seismic activity that created a tectonic trough. 

The earthquake (or earthquakes) must have come as something of a shock to the residents of the area but also happened to change the shape of the earth’s crust to block the Okavango’s original path almost entirely.
The river water had nowhere to go and poured relentlessly into the Kalahari Desert, creating the endorheic basin of the Okavango Delta – one of the largest inland deltas in the world. 

Today, the Okavango River continues to discharge around 11km³ of water every year into the swamps that spread across an area of between 6,000km²-15,000km² (depending on the time of the year). 

One of the Seven Natural Wonders of Africa and a UNESCO World Heritage Site, the Okavango Delta is an enormous oasis home to a wide variety of wildlife, and its tourist value contributes around 13% of Botswana’s GDP.

The Okavango River flows into Botswana at the small village of Mohembo before fanning out into a combination of twisting channels and lagoons lined by thick beds of papyrus and reeds, initially through a comparatively narrow area known as the Panhandle. 

The swamplands of the Okavango are permanently flooded, but the bog surrounding them fills seasonally depending upon water levels. 

The Delta layout is entirely dynamic – every year the water follows different routes depending upon changing sandbanks and blockages.

read more





She talked about herself in the third person. Roberto Bolaño
Misc.


In fact, she once told me that there were three Claras in her soul: a little girl, an old crone enslaved by her family, and a young woman, the real Clara, who wanted to get out of that city forever, who wanted to paint, and take photos, and travel, and live.

read more


It’s hard to believe, but I was born in a neighborhood called Los Empalados: The Impaled. The name glows like the moon Roberto Bolaño @NewYorker
Misc.


The name opens a way through the dream with its horn, and man follows that path. A quaking path. Invariably harsh. The path that leads into or out of Hell. That’s what it all comes down to. Getting closer to Hell or farther away. 

Me, for example, I’ve had people killed. I’ve given the best birthday presents. I’ve backed projects of epic proportions. 

I’ve opened my eyes in the dark. Once, I opened them by slow degrees in total darkness, and all I saw or imagined was that name: Los Empalados, shining like the star of destiny.

I’ll tell you everything, naturally. My father was a renegade priest. I don’t know if he was Colombian or from some other country. But he was Latin American. He turned up one night in Medellín, stone broke, preaching sermons in bars and whorehouses. 

Some thought he was working for the secret police, but my mother kept him from getting killed and took him to her penthouse in the neighborhood. They lived together for four months, I’ve been told, and then my father vanished into the Gospels. 

Latin America was calling him, and he kept slipping away into the sacrificial words until he vanished, gone without a trace. 

Whether he was Catholic or Protestant is something I’ll never find out now. I know that he was alone and that he moved among the masses, fevered and loveless, full of passion and empty of hope.

I was named Olegario when I was born, but people have always called me Lalo. My father was known as El Cura, the priest, and that’s what my mother wrote down under “surname” on my birth certificate. It’s my official name. Olegario Cura. 

I was even baptized into the Catholic faith. She was a dreamer, my mother. Connie Sánchez was her name, and if you weren’t so young and innocent it would ring a bell. 

She was one of the stars of the Olimpo Movie Production Company. The other two stars were Doris Sánchez, my mother’s younger sister, and Monica Farr, née Leticia Medina, from Valparaíso. Three good friends. 

The Olimpo Movie Production Company specialized in pornography, and although the business was more or less illegal and operated in a distinctly hostile environment, it lasted until the mid-eighties.

Bittrich had a house on the outskirts of Medellín, where the neighborhood of Los Empalados borders the wasteland, El Gran Baldío. The cottage in the movies. 

The house of solitude, which later became the house of crime, out there on its own, among clumps of trees and blackberry bushes. Connie used to take me. 

I’d stay in the yard playing with the dogs and the geese, which the German reared there as if they were his children. 

There were flowers growing wild among the weeds and the dogs’ dirt holes. In the course of a regular morning, ten or fifteen people would go into that house.

The mystery of life in Latin America. Like a little bird charmed by the gaze of a snake. 

Bittrich adored sound effects like that. Thunder in the mountains, the sizzle of lightning, splintering trees, rain against windowpanes. He collected them on high-quality tapes. 

He said this was to make his movies atmospheric, but in fact it was just because he liked the effects. 

The full range of sounds that rain makes in a forest. The rhythmic or random sibilance of the wind and the sea. Sounds to make you feel alone, sounds to make your hair stand on end. 

His great treasure was the roar of a hurricane. I heard it as a kid. 

The actors were drinking coffee under a tree, and Bittrich, away from the others, looking pasty, the way he did when he’d been working too hard, was toying with an enormous German tape player. 

Now you’re going to hear the hurricane from inside, he said. 

At first I couldn’t hear anything. I think I was expecting a God Almighty, earsplitting racket, so I was disappointed when all I could hear was a kind of intermittent whirling. An intermittent ripping. Like a propeller made of meat. 

Then I heard voices; it wasn’t the hurricane, of course, but the pilots of a plane flying in its eye. 

Hard voices talking in Spanish and English. Bittrich was smiling as he listened. 

Then I heard the hurricane again, and this time I really heard it. Emptiness. A vertical bridge and emptiness, emptiness, emptiness. I’ll never forget the smile on Bittrich’s face. 

It was as if he were weeping. Is that all? I asked, not wanting to admit that I’d had enough. That’s all, Bittrich said, fascinated by the silently turning reels. 

Then he stopped the tape player, closed it up very carefully, went inside with the others, and got back to work.

read more







.@WHO Weekly epidemiological update on COVID-19 - 27 July 2021
Misc.



19-JUL-2021 :: COVID-19






The Virus remains unresolved. I recall a few months ago every Pharma Co. pronounced how their Vaccine had an efficacy of close enough to 100%. 

Today the relative viral loads in the Delta variant infections are 1260 times higher than the 19A/19B strains infections @GuptaR_lab
Thread
We now further define Delta immune evasion using a panel of 38 monoclonal antibodies, showing significant loss of potency of NTD and RBD targeting antibodies. @GuptaR_lab 


Far from ebbing, the virus has gained virulence and you have to be a Naif to believe the Microbe is licked.
554,753 cases yesterday also above accelerating 485,767/day avg (up 28% past 2wks). @jmlukens 


We are now approaching the FIFTH peak in COVID cases and deaths in just sixteen months @greg_travis 




We emerged from the below captioned 6 weeks ago. 



If you have a "normal" pandemic that is fading, but "variants" that [are] surging, the combined total can look like a flat, manageable situation. @spignal
https://bit.ly/38kpMcc



read more




Nations w/ fastest #COVID19 avg case growth rate (daily/total) @jmlukens
Misc.



Vietnam: 7.94%
Laos: 4.69%
Fiji: 3.68%
Thailand: 3.10%
Mauritius: 3.09%
Cuba: 2.51%
Burundi: 1.93%
Burma: 1.91%
Eswatini: 1.83%
Rwanda: 1.67%

read more



Nations w/ high #COVID19 avg 2wk case/day increase @jmlukens
Misc.



France: 326%
Morocco: 248%
Ghana: 238%
Vietnam: 215%
Italy: 208%
Israel: 182%
Turkey: 180%
Japan: 164%
US: 153%
Lebanon: 148%

read more





Delta is the most transmissible #SARSCoV2 virus to date, says @mvankerkhove “The virus will likely become more transmissible, because this is what viruses do, they evolve, they change over time." @kakape
Misc.



"But this will not be the last virus variant that you hear us talking about."
“The virus will likely become more transmissible, because this is what viruses do, they evolve, they change over time."


28-MAR-2021  we are seeing a sustained acceleration in mutant viruses.




19-JUL-2021 :: COVID-19





Today the relative viral loads in the Delta variant infections are 1260 times higher than the 19A/19B strains infections @GuptaR_lab

Thread
We now further define Delta immune evasion using a panel of 38 monoclonal antibodies, showing significant loss of potency of NTD and RBD targeting antibodies. @GuptaR_lab 


Far from ebbing, the virus has gained virulence and you have to be a Naif to believe the Microbe is licked.



read more





SARS-CoV-2 Lambda variant exhibits higher infectivity and immune resistance @SystemsVirology
Misc.



SARS-CoV-2 Lambda, a new variant of interest, is now spreading in some South American countries; however, its virological features and evolutionary trait remain unknown. 

Here we reveal that the spike protein of the Lambda variant is more infectious and it is attributed to the T76I and L452Q mutations. 

The RSYLTPGD246-253N mutation, a unique 7-amino-acid deletion mutation in the N-terminal domain of the Lambda spike protein, is responsible for evasion from neutralizing antibodies. 

Since the Lambda variant has dominantly spread according to the increasing frequency of the isolates harboring the RSYLTPGD246-253N mutation, our data suggest that the insertion of the RSYLTPGD246-253N mutation is closely associated with the massive infection spread of the Lambda variant in South America.
Highlights
Lambda S is highly infectious and T76I and L452Q are responsible for this property
Lambda S is more susceptible to an infection-enhancing antibody
RSYLTPGD246-253N, L452Q and F490S confer resistance to antiviral immunity

read more




This "10x" rule in the NIH explanation of why it approved the WIV experiments is bizarre. Where did that come from? @rowanjacobsen
Misc.


Any rule that says you should just keep going with your SARS-like chimera that grows 9x better might need another look.

read more





Sunday, March 28, 2021 I expect UST 10 YEAR YIELDS TO TARGET 1.45%
World Of Finance


Mar 20 Powell has the “shorts” where he wants them. Wave 3 COVID on the way All he has to do is say no more 10 year Bonds for sale and we get a mega short squeeze. Counterintuitively this is a better Bet. @FT 

read more


09-MAY-2021 The Lotos-eaters
World Of Finance




The Consensus View appears to be that the Global economy is going to accelerate big time and that its going to BOOM!  I beg to differ

Given the volume of money Printing and the extraordinary stimulus I have to say that the US Recovery is actually really weak and I believe it will be very short lived and the Penny will drop soon with the Bond Market and the Shorts will be forced to cover.




read more


Despite extreme fiscal package and continued monetary stimulus from the Fed. Growth is on downward trend. Law of diminishing marginal returns. @HenrikZeberg
World Of Finance


Despite extreme fiscal package and continued monetary stimulus from the Fed. Growth is on downward trend. Law of diminishing marginal returns. A bigger tool will be needed every time Fed tries to inflate market - this time it did not last long. 

read more




The YoY change is now negative as stimmies are gone. Supply shortages can’t last forever = CPI? @MacroAlf
World Of Finance


The huge 2020 fiscal transfers boosted US households inflation adjusted earnings to very high levels => aggregate demand to the roof + pandemic driven supply shortages => inflation.
The YoY change is now negative as stimmies are gone. Supply shortages can’t last forever = CPI?

read more




And we become Japan: a nation pushing on strings, to no avail. @coloradotravis
World Of Finance


And the more of it we do, the less potent our monetary creating abilities. Velocity falls.


19-JUL-2021 :: limit long the US Ultra Bond because I recall Japan and the words of that iconic Eagles song ''Hotel California''



Mirrors On The Ceiling The Pink champagne on ice


read more






Currency Markets at a Glance WSJ
World Currencies


Euro 1.1870
Dollar Index 92.09
Japan Yen 109.67
Swiss Franc 0.9058
Pound 1.3905
Aussie 0.7343
India Rupee 74.4195
South Korea Won 1151.595
Brazil Real 5.2104
Egypt Pound 15.7042
South Africa Rand 14.6218

read more










19-JUL-2021 :: Now lets turn to Africa. lets look at the Virus first
Africa



"Over the past month, #Africa recorded an additional 1 million cases. This is the shortest time it’s taken so far to add one million cases." Dr @MoetiTshidi #COVID19 @WHOAFRO
"Comparatively, it took around three months to move from 4 million to 5 million cases." - Dr @MoetiTshidi #COVID19

read more


WHO regional overviews - Epidemiological week 19 – 25 July 2021 African Region
Africa




The African Region reported over 184 000 new cases, a 9% decrease, and over 4900 new deaths, similar numbers as compared to the previous week. 

Over the past two weeks, weekly cases in the Region have begun to decrease after increasing sharply over the previous three weeks. 

This is largely driven by declines observed in South Africa as many other countries in the Region are still reporting increasing case incidences. 

The highest numbers of new cases were reported from 

South Africa (84 225 new cases; 142.0 new cases per 100 000 population; -19%)

Zimbabwe (14 664 new cases; 98.7 new cases per 100 000; -7%), 

Botswana (11 524 new cases; 490.0 new cases per 100 000; +7%)
The highest numbers of new deaths were reported from 

South Africa (2812 new deaths; 4.7 new deaths per 100 000 population; +11%) 

Zimbabwe (462 new deaths; 3.1 new deaths per 100 000; similar to the previous week)

Namibia (254 new deaths; 10.0 new deaths per 100 000; -57%).


read more



Africa is currently reporting a million new infections about every 26 days @ReutersGraphics
Africa



6 countries are still at the peak of their infection curve.

Algeria Burundi Mozambique & Eswatini at peak Mauritania 95% Libya 92% 

read more







Turning to Africa
Africa



We are getting closer and closer to the Virilian Tipping Point
“The revolutionary contingent attains its ideal form not in the place of production, but in the street''
Political leadership in most cases completely gerontocratic will use violence to cling onto Power but any Early Warning System would be warning a Tsunami is coming

read more



Saïed lashes out @Africa_Conf
Africa



Public delight greeted the president's sudden suspension of parliament and dismissal of the premier, but taking the reins himself may spell trouble
President Kaïs Saïed's decision to sack his prime minister, Hichem Mechichi, after the massive anti-government protests on Republic Day (25 July) took few by surprise. They had been at loggerheads for months. 

The government has failed to deal with relentless inflation and increasing unemployment, and the country boasts the highest per capita death rate from Covid-19 in Africa.

read more


And now we have two visions of the Future
Africa



And now we have two visions of the Future. One Vision played out on our screens, the Protestors could have been our Wives, our Children, our Daughters and Sons. 

The Other Vision is that of MBS, MBZ and Al-Sisi and its red in tooth and claw. 

read more


January 15, 2011 Tunisia's Jasmine Revolution @csmonitor
Africa



Mr. Ben Ali in a speech on Monday called the riots “terrorist acts” that were the work of “masked gangs” operating for foreign parties.
"We are not afraid, we are not afraid, we are afraid only of God," the crowds chanted on Tuesday in Tunis.
On Thursday, the American secretary of State said the following in Qatar.
“In too many places, in too many ways, the region’s foundations are sinking into the sand,” said Secretary Hillary Clinton. 

“Those who cling to the status quo may be able to hold back the full impact of their countries’ problems for a little while, but not forever, If leaders don’t offer a positive vision and give young people meaningful ways to contribute, others will fill the vacuum.”
Change is never incremental, it tips and surges. Looking at Tunisia and Africa, I see so many similarities. 

read more




Ethiopia’s lifeline, the Ethio-Djibouti line, remains closed since Saturday July 24, 2021 with various vehicles and drivers stranded on the route, The Reporter has confirmed.
Africa


Drivers stranded on the route around Dire Dawa said that they could not move to either side, following a conflict on the borderline between the Afar and Somali regions, where the Ethio-Djibouti route passes through.
They said that many vehicles carrying fuel and containers have been parked by the roadside, while they are sleeping either inside the vehicles, outside by the roadside, or some in hotels.
Apart from the road, the railway linking Addis Ababa to Djibouti had also been blocked by protesters who demonstrated against attacks on civilians by Afar opposition forces who are allegedly working with the TPLF.
Witnesses from the area said that the raillines were looted and set ablaze by angry protesters. This, the witnesses say, could have damaged the electric line of the USD four billion railway.
Transporting almost 85 percent of the country’s import and export trade, the Ethio-Djibouti route is often referred to as the lifeline for the country’s economy.

read more


The TPLF may even be mulling a march on Addis Ababa, the federal capital, to remove Abiy by force. @TheEconomist
Africa



Things fall apart; the centre cannot hold


Turning and turning in the widening gyre
The falcon cannot hear the falconer;
Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
The blood-dimmed tide is loosed, and everywhere The ceremony of innocence is drowned;
The best lack all conviction, while the worst Are full of passionate intensity.



19-JUL-2021 His Army has been defeated and now he is sending conscripts to slaughter whilst his Adversaries are fighting for their existence. 

https://j.mp/3Bk45Gj
His Army has been defeated and now he is sending conscripts to slaughter whilst his Adversaries are fighting for their existence. 
The Contagion will surely boomerang as far as Asmara and destabilise the Horn of Africa for the forseeable future.
If I could I would be limit short the Ethiopian Birr [It trades at 60 to the $ on the black market]


read more


Another rare instance of positive rating action for an an African sovereign. #DRC CCC+ rating put on + outlook by S&P. @Markbohlund
Africa


The DRC's $1.5bn IMF program to catalyze donor support and FX reserves projected to nearly double by year-end 2021 compared to end-2020.

read more











GH politicians rightly argue that even the US has Debt-to-GDP ratio of over 100% & so concerns around GH's almost 80% is overstressed....but they never add that the US spends only 15% of revenue on interest payment @GameliMartey
Africa


GH politicians rightly argue that even the US has Debt-to-GDP ratio of over 100% & so concerns around GH's almost 80% is overstressed....but they never add that the US spends only 15% of revenue on interest payment whereas GH spends almost 50% of revenue to pay interest.

read more















 
 
by Aly Khan Satchu (www.rich.co.ke)
 
 
Login / Register
 

 
 
Forgot your password? Register Now
 
 
August 2021
 
 
 
 
 
COMMENTS

 
In order to post a comment we require you to be logged in after registering with us and create an online profile.