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
Wednesday 22nd of September 2021

Register and its all Free.

read more

Mirrors on the ceiling, The Pink champagne on ice
World Of Finance

And when the Feedback Loop kicks in I expect it to kick big to the downside

However, there are many discordant notes.

read more

The Savage Detectives | Roberto Bolaño

One day I asked him where he’d been. He told me that he’d traveled along a river that connects Mexico and Central America. As far as I know, there is no such river. 

But he told me he’d traveled along this river and that now he could say he knew its twists and tributaries. A river of trees or a river of sand or a river of trees that in certain stretches became a river of sand. 

A constant flow of people without work, of the poor and starving, drugs and suffering. A river of clouds he’d sailed on for twelve months, where he’d found countless islands and outposts, although not all the islands were settled, and sometimes he thought he’d stay and live on one of them forever or that he’d die there.

Of all the islands he’d visited, two stood out. The island of the past, he said, where the only time was past time and the inhabitants were bored and more or less happy, but where the weight of illusion was so great that the island sank a little deeper into the river every day. 

And the island of the future, where the only time was the future, and the inhabitants were planners and strivers, such strivers, said Ulises, that they were likely to end up devouring one another.

When I opened them the circle of madmen who roved the courtyards of La Fortaleza had closed around me. 

Anyone else would have shouted in terror, begun wailing prayers, torn off all his clothes, and started to run like an American football player gone mad, withering under the gaze of the myriad eyes spinning like unmoored planets. But not me. 

The madmen circled around me and I kept as quiet as Rodin’s thinker and watched them, and then I looked at the ground and I saw red ants and black ants locked in combat and I didn’t say or do anything. 

The sky was very blue. The earth was light brown, with little stones and clumps of dirt. The clouds were white and drifting westward. 

Then I looked at the madmen who were stumbling here and there like pawns of an even madder fate, and I closed my eyes again. 

read more

Atatistician Sergei Shpilkin says checking official results against normal random distributions that should be expected shows record **14 million*** anomalous votes for Putin’s party, United Russia. @olliecarroll
Law & Politics

Russian election results aren’t over until statistician Sergei Shpilkin has modelled them completely. He says checking official results against normal random distributions that should be expected shows record **14 million*** anomalous votes for Putin’s party, United Russia.

read more

What has the EU done to be united, to stand, let alone to unite with its partners in the face of the CCP’s growing assertiveness? @MerheimEyre
Law & Politics

All those Europeans complaining that #AUKUS creates unnecessary splits in the West in the face of China, let me ask you this: what has the EU done to be united, to stand, let alone to unite with its partners in the face of the CCP’s growing assertiveness?

read more

UK: 2.5 billion cubic meters of gas storage capacity = 12 days supply @uk_domain_names
World Of Finance

"The EU has the capacity to store over 117 billion cubic meters (bcm) of natural gas, or roughly a fifth of its annual consumption"

read more

Now Is The Winter Of Our Discontent
World Of Finance

“Now is the winter of our discontent” is the opening of a speech by William Shakespeare from Richard III.
It was also used to describe the profound industrial unrest that took place in 1978—9 in the United Kingdom.
Prime Minister Callaghan was asked by a reporter
"What is your general approach, in view of the mounting chaos in the country at the moment?" and replied:
Well, that's a judgment that you are making. I promise you that if you look at it from outside, and perhaps you're taking rather a parochial view at the moment, I don't think that other people in the world would share the view that there is mounting chaos.
The next day's edition of The Sun headlined its story "Crisis? What crisis?"

read more

Latest @WHO #COVID19 Sit Rep @mvankerkhove


Lowest weekly count for 9 weeks. 

read more

Weekly epidemiological update on COVID-19 - 21 September 2021 @WHO

The numbers of weekly COVID-19 cases and deaths globally continued to decline this week, with over 3.6 million cases and just under 60 000 deaths reported between 13-19 September. 

This brings the cumulative number of confirmed cases reported globally to just under 228 million. 

While the African and the European Regions reported numbers of cases similar to those of the previous week, the other regions reported decreases in weekly case incidence, with substantial decreases reported in the Eastern Mediterranean (22%) and South East Asia Regions (16%).
In terms of COVID-19 mortality, nearly 60 000 deaths were reported globally in the past week, a 7% decrease as compared to the previous week. 

This brings the cumulative number of deaths to over 4.6 million. 

The African, Eastern Mediterranean and South-East Asian Regions reported decreases in weekly mortality over the past week, with the South-East Asia Region reporting the largest percentage decrease (27%). 

In contrast, the Western Pacific Region reported an increase (7%) in the number of new weekly deaths, while the number of deaths reported in Americas and European Regions reported was similar to that of the previous week.

The regions reporting the highest weekly incidence rates per 100 000 population of cases and deaths remain the same as in the previous week

the Region of the Americas (135.5 new cases per 100 000 population; 2.4 deaths per 100 000 population) 

European Region (116.9 new cases per 100 000 population; 1.6 deaths per 100 000 population).
The highest numbers of new cases were reported from 

United States of America (1 017 644 new cases; similar to last week)

India (211 242 new cases; 15% decrease) 

United Kingdom (203 077 new cases; 21% decrease)

Turkey (183 962 new cases; 16% increase)

Philippines (141 522 new cases; similar to last week)

while the highest number of new deaths were reported from 

United States of America (12 896 new deaths; 2% increase)

Russian Federation (5469 new deaths; similar to last week) 

Brazil (3 727 new deaths; 17% increase)

Mexico (3 689 new deaths; 20% decrease)

Islamic Republic of Iran (2 967 new deaths; 21% decrease).

read more

19-JUL-2021 :: COVID-19

The Virus remains unresolved.

read more

There are just 19 cases so far of Delta + E484K, the mutation associated with immune escape – suggesting the virus is coming under pressure from highly vaccinated population

A new mutation of the Delta variant which could make it more resistant to vaccines has been identified in the UK.
Some 19 cases of Delta with E484K, the mutation associated with immune escape in other variants, have been found, including 17 in England and two in Scotland.
Although case numbers are very low, the presence of E484K – known in virology circles as “Eeek” because of its vaccine-dodging qualities – is a cause for concern and Public Health England have classed it as a “signal under investigation”.
The latest technical briefing paper on Delta by PHE say changes at position 484 on the covid genome are “potentially antigenically significant” – meaning it could make the virus more resistant to current vaccines.
However, the clusters of Delta + E484K may die out, as happened with the so-called “Delta Plus” variant in the UK earlier this summer, which was a combination of Delta with E484Q, another mutation of concern.
As of 13 September, the largest clusters of Delta + E484K are in the East Midlands and Yorkshire and the Humber regions, with six and four cases respectively. 

There are two in the East of England and one each in London, the north west, south east and south west of England, and a further one in an unknown region.
Three of the 17 English cases are linked to travel through Latvia and Nigeria.
Internationally there are 99 cases of Delta + E484K, including 25 in the United States, 22 in Denmark, 21 in Turkey, six in Italy, and three in Germany.

read more

“Asymptomatic man walks into a bar. In an hour he exhales 600 litres of air containing 720,000 copies of the virus’ @thetimes @Orla_Hegarty & Morawska

When Lidia Morawska goes out for dinner near her home in Brisbane, she takes with her all the essentials: keys, phone, mask — and her carbon dioxide monitor

She puts the device on the table next to her wine glass and waits anxiously for a reading.
The monitor essentially measures how much breath there is in the air. 

We exhale CO2, so a higher reading indicates more breath, acting as a proxy measure of ventilation and the potential transmission of airborne viruses, including Covid-19.
Even in a busy room, Morawska, a pioneering aerosol scientist at Queensland University of Technology, says good ventilation results in a CO2 reading close to background levels — the amount you’d expect to be there if there weren’t people inside. 

At one restaurant last year, Morawska and her husband got a reading of more than 2,500 parts per million (ppm), the highest she has seen. It wasn’t a mild evening, but she immediately asked to be seated outside.

He sits down and takes off his mask. Every five seconds he exhales. Each breath contains roughly 800 millilitres of air and 1,000 copies of the virus.

He sits at his table for an hour, in which time he exhales 600 litres of air containing 720,000 copies of the virus.

The pub, which measures 10m x 10m x 3m, contains 300 cubic metres of air. With no windows open and no ventilation, the virus gradually fills the room. Within an hour, each cubic metre contains roughly 2,400 copies of the virus.

As the evening progresses, the number of punters grows. 

There are now 46 people in the pub: 40 customers and six members of staff. 

Two thirds have high levels of immunity, either from being vaccinated or having caught Covid-19 in the past.

After an hour, let's assume 17 people have caught the virus. Of the two people sitting at the same table, one is vaccinated and does not become infected, but the other receives the highest viral load and is the first to become infected. 

The hospitality trade knows there are many ways of making indoor dining and drinking safer.

If one large window is opened, depending on wind speed and temperature inside and outside the pub, the air in the room is replaced three times an hour. 

After 60 minutes 14 people are infected, compared to 17 when all windows are closed. 

Those sitting next to the windows are safe.

If two windows are opened on opposite sides of the room, allowing a light breeze to flow through, the air is replaced 15 times an hour. Only six people are infected.

The 68-year-old professor has previously studied Sars outbreaks and knew immediately at the start of last year what it took some authorities months to accept: that Covid-19 is an airborne virus and the risk from aerosol transmission was many times higher than that from large droplets on surfaces. 

But too often, cosy homes, as well as shops and restaurants, are as good as sealed boxes: Petri dishes for transmission.

“In some institutional housing, the R rate has been something like 10 or 15,” she adds — meaning one infected person transmits the virus to as many as 15 others. 

read more

“No matter how the official narrative of this turns out," it seemed to Heidi

Thomas Pynchon in Bleeding Edge “No matter how the official narrative of this turns out," it seemed to Heidi, "these are the places we should be looking, not in newspapers or television but at the margins, graffiti, uncontrolled utterances, bad dreamers who sleep in public and scream in their sleep.”

read more

A whistleblower leaked a 2018 Daszak funding proposal that details how he and Wuhan Institute of Virology would genetically engineer a “human-specific” furin cleavage site into bat coronaviruses @HansMahncke

A whistleblower leaked a 2018 Daszak funding proposal that details how he and Wuhan Institute of Virology would genetically engineer a “human-specific” furin cleavage site into bat coronaviruses–exactly what we see in the bat coronavirus that emerged in Wuhan in 2019

read more

"We will analyze all SARSr-CoV S gene sequences for..proteolytic cleavage sites in S2 and for the presence of potential Furin cleavage sites..[W]e will introduce appropriate human-specific cleavage sites." @R_H_Ebright

"We will analyze all SARSr-CoV S gene sequences for..proteolytic cleavage sites in S2 and for the presence of potential Furin cleavage sites..[W]e will introduce appropriate human-specific cleavage sites and evaluate growth potential in Vero cells and HAE cultures."

read more

04-JAN-2021 :: Today only the Paid for Propagandists and Virologists will argue that there is a ''zoonotic'' origin for COVID19.

Today only the Paid for Propagandists and Virologists and WHO will argue that there is a ''zoonotic'' origin for COVID19. 

It is remarkable that the Propaganda is still being propagated more than a year later. 

Those who have chosen to propagate this narrative are above the radar and in plain sight and need to be called to account. 

The Utter Failure to call these 5th columnists to Account is the clearest Signal that there is no external threat because it is already on the inside.

read more

01-MAR-2020 :: The Origin of the #CoronaVirus #COVID19

What is clear is that the #COVID19 was bio-engineered The Science [and I am not a Scientist is irrefutable and in the public domain  for those with a modicum of intellectual interest. 

This information is being deliberately suppressed.

This took me to Thomas Pynchon

“If they can get you asking the wrong questions, they don't have to worry about answers.”

“There's always more to it. This is what history consists of. It is the sum total of the things they aren't telling us.”

 Now Why are we being led away from this irrefutable Truth

read more


Peter Daszak and the EcoHealth Alliance (EHA) proposed injecting deadly chimeric bat coronaviruses collected by the Wuhan Institute of Virology into humanised and “batified” mice.
The EHA / WIV proposal (named ‘DEFUSE’) was ultimately rejected for full funding (but leaving open the door for partial funding), in part because it mis-interpreted the GOF guidelines.
In other words, a branch of the federal government had already judged aspects of EHA’s research, and the corresponding shared research plan with the WIV, as falling under the definition of GOF, only for HHS to approve similar work without P3CO review in 2018 and 2019.

read more

Xi has taken calculated risks. The muscular and multi-faceted nature of Chinese Power is seen in its handling of COVID19

Controlling the COVID19 Narrative, suppressing the Enquiry, parlaying the situation into one of singular advantage marks a singular moment  

Xi Jinping has exhibited Chinese dominance over multiple theatres from the Home Front, the International Media Domain, the ‘’Scientific’’ domain over which he has achieved complete ownership and where any dissenting view is characterized as a ‘’conspiracy theory’’

It remains a remarkable achievement

read more

Bioterror: the dangers of garage scientists manipulating DNA via @FT

Paul Dabrowa does not know if it is illegal to genetically modify beer at home in a way that makes it glow. The process involves taking DNA information from jellyfish and applying it to yeast cells, then using traditional fermenting methods to turn it into alcohol. 

But he is worried that it could be against the law given that it involves manipulating genetic material.
“This stuff can be dangerous in the wrong hands, so I did that in an accredited lab,” he says, adding that he himself has only got as far as making yeast cells glow in a Petri dish.
For the most part Dabrowa, a 41-year old Melbourne-based Australian who styles himself as a bit of an expert on most things, prefers to conduct his biohacking experiments in his kitchen. 

He does this mostly to find cures for his own health issues. Other times just for fun.
In recent years the community of hobbyists and amateurs Dabrowa considers his kin has been energised by the falling cost and growing accessibility to gene-editing tools such as Crispr. 

This has led to an explosion of unchecked experimentation in self-constructed labs or community facilities focused on biological self-improvement.
Despite a lack of formal microbiological training, Dabrowa has successfully used faecal transplants and machine learning to genetically modify his own gut bacteria to lose weight without having to change his daily regime. 

The positive results he’s seen on himself have encouraged him to try to commercialise the process with the help of an angel investor. 

He hopes one day to collect as many as 3,000 faecal samples from donors and share the findings publicly.
Much of his knowledge — including the complex bits related to gene-editing — was gleaned straight from the internet or through sheer strength of will by directly lobbying those who have the answers he seeks. 

“Whenever I was bored, I went on YouTube and watched physics and biology lectures from MIT [Massachusetts Institute of Technology],” he explains. 

“I tried the experiments at home, then realised I needed help and reached out to professors at MIT and Harvard. They were more than happy to do so.”
At the more radical end of the community are experimentalists such as Josiah Zayner, a former Nasa bioscientist, who became infamous online after performing gene therapy on himself in front of a live audience. 

Zayner’s start-up, The Odin — to which Crispr pioneer and professor of genetics at Harvard Medical School George Church is an adviser — has stubbornly resisted attempts to regulate its capacity to sell gene-editing kits online in the idealistic belief that everyone should be able to manage their own DNA.
These garage scientists might seem like a quirky new subculture but their rogue mindset is starting to generate consternation among those who specialise in managing biological threats in governments and international bodies worldwide.
In 2018 the states that are signatories to the 1972 Biological Weapons Convention (BWC) identified gene editing, gene synthesis, gene drives and metabolic pathway engineering as research that qualifies as “dual use”, meaning it is as easy to deploy for harmful purposes as it is for good.
Many of the parties are now worried that increased accessibility to such technologies could heighten accidental or deliberate misuse, including the development of biological weapons by rogue actors for mass or targeted attacks.
It’s a regulatory oversight that worries Dabrowa more than most. 

He’s spent years trying to warn officials and journalists about the growing capabilities of amateurs like himself. 

“I would go and meet ministers with a vial of cowpox and explain the threat,” he says, referencing the relatively benign pathogen that has been used since the days of Edward Jenner to help inoculate people against smallpox.
Among these threats are DNA-sequencing techniques accessible to him as a hobbyist that could easily be used to home-brew lethal pathogens like smallpox out of naturally occurring cowpox or other vaccine-based derivatives.
“If bioterrorists wanted to do it undetected, they could buy a second-hand DNA synthesiser for $2,000. The whole process would cost $10,000 and could be done in a kitchen,” he says.
Similar concerns have long been echoed by Microsoft founder and vaccine philanthropist Bill Gates. 

Even so, most officials did not take Dabrowa or his warnings seriously. Perhaps because of his lack of microbiological credentials.
The global disruption caused by the Covid pandemic, he says, has changed things. 

It has brought to light how easy it could be for non-state actors to set off a deadly biological chain reaction to purposefully cause worldwide devastation.
Among those flagging the risk have been Hamish de Bretton-Gordon, former commander of the UK’s Chemical, Biological, Radiological and Nuclear regiment, and UK defence secretary Ben Wallace.
Others newly attuned to the risk include former UK prime minister Tony Blair, who warned in a speech this month that “bio-terror possibilities may seem like the realm of science fiction. But we would be wise now to prepare for their potential use by non-state actors.”
Under the terms of the BWC, states are officially committed to taking all the measures they can to prohibit and prevent biological weapon development with such dual-use capacities. 

In theory that means states have a responsibility to monitor and control activities such as Dabrowa’s.
In practice, the BWC was never designed to address the challenges posed by bioterrorism or rogue participants empowered by increasingly democratised access to gene-editing tools. 

Many of the prevailing codes of conduct remain fuzzy on what is and isn’t permitted across different jurisdictions, especially within the hobbyist arena.
Dabrowa’s lack of understanding of niche legalities is far from unusual.
According to Piers Millett, vice-president for safety and security at the iGem Foundation, which runs a synthetic biology competition to encourage best practice, there is a systemic lack of understanding about biosecurity issues across learning centres worldwide. 

Millett told participants at this month’s meeting of BWC experts and states parties in Geneva that up to 71 per cent of surveyed practitioners did not know the definition of “dual-use research of concern” and another 61 per cent did not know the definition of “dual use”.
“I think it really does highlight the importance of the international community better engaging with the DIY bio community or biohacker students,” James Revill, a bio security governance expert affiliated with the UN Institute for Disarmament Research and fellow participant at the convention, tells the Financial Times. 

“The challenge is not stifling localised innovation for peaceful purposes or people wanting to learn about biology.”
Dabrowa’s own campaign to enlighten officials has been motivated by a desire to prevent the actions of a few bad actors, whether by accident or through ill intent, from giving the whole hobbyist community a bad name that eventually shuts everyone down. 

This, he feels, is important because the greatest scientific breakthroughs have often hailed from out-of-the-box thinking in unsupervised areas.
“Biohackers are what we used to call scientists,” Dabrowa says, noting that Louis Pasteur might today have been considered an equally dangerous operator. 

“There is no real science or Da Vinci stuff happening in academia these days. The real scientists are tinkering in their garages.”
This view is echoed by some other top scientists who have grown frustrated with the bureaucracy involved in securing funding for the projects they hold dear.
“If you really want to make important discoveries, you have to know how to work the system,” says Richard Muller, an American physicist and emeritus professor of physics at the University of California, Berkeley. 

Muller revealed that he had secretly redirected funding from approved projects to fund riskier rejected ones in a letter in Science magazine in 1980.
Muller told the Financial Times that while this confession landed him in hot water he felt an obligation to come clean about the uncouth practices he had used to secure funding after his discoveries won awards. 

“So yes, I think there’s a long history of this. I’m like a garage scientist myself,” he notes.

To Dabrowa’s mind, pressures like this have made the biohacker scene all the more analogous to the one that spawned the personal computing revolution from the garages of college dropouts in Silicon Valley in the 1970s and 1980s. 

The difference this time is that instead of hacking computer mainframes, today’s biological equivalents are tinkering with genetics.

A similar compulsion to bypass the centralising dominance of big corporate and academic institutions nonetheless dominates the culture. 

“Instead of the internet, their discoveries will cure disease and increase everyone’s lifespan,” says Dabrowa.
Some Silicon Valley investors have embraced the off-grid approach to microbiological innovation, seeing it as an important part in democratising access to bespoke gene-based therapeutics. 

They agree that bureaucratic wrangling over funding and grants may be holding innovation back or directing it into the wrong sorts of risks.
“Whether biology or fusion, the most interesting work happens off-grid,” says venture capitalist Ajay Royan of Mithril Capital. 

“It has been thus forever . . . it is no accident that Ada Lovelace, Freeman Dyson, Hedy Lamarr, Srinivasan Ramanujan and Leonardo da Vinci all embodied a deeply independent, often subversive, genius.”

‘Gain of function’

Getting the balance right between experimentation that encourages innovation but does not simultaneously cultivate risks has never been easy in the microbiological field. 

However, RP Eddy, whose consulting group Ergo has been providing pandemic-related intelligence to the Biden administration and other government agencies, says that while genetic tools may have tipped the risk balance, it’s important not to get overly consumed by the biohacking field.
Eddy points instead to some of the riskier research with dual-use potential that has been happening in formal academic institutions for years. 

Much of this is not reliant on modern genetic advances and occurs in far less controlled environments than many assume. 

These, he says, sometimes require little more than an automatic self-sealing door, gloves and an autoclave machine or air pump.

“Right now there really isn’t an agreed to and followed set of standards for how [biosafety level] BSL3 and BSL4 labs should secure themselves,” he says.

Among the riskiest processes include a research method known as gain of function. This involves purposefully tinkering with viruses to make them more infectious so that vaccines and therapeutics can be preemptively researched and developed.
The process first drew international scrutiny when Ron Fouchier, a virologist at the Erasmus Medical University in the Netherlands, successfully used the method in November 2011 to make the H5N1 flu more infectious and transmissible to humans. 
To create the highly lethal pathogen, Fouchier had taken flu samples and used them to infect ferrets many times over, cherry picking specimens from the sickest ferrets to infect the next ones in line. It was the simplicity and cheapness of the process that concerned many.
For Simon Wain-Hobson, a retired virologist known for his work in sequencing HIV at the Pasteur Institute, the gains involved never seemed worth the risks being taken. 

For this reason he and a handful of other peers, among them Richard Ebright, a molecular biologist and biodefence expert at Rutgers University in New Jersey, successfully advocated at the highest political levels for a moratorium on public funding, which began in October 2014.

Creative solutions

In recent months gain-of-function activities that occurred after the moratorium at the Wuhan Institute of Virology (WIV) — and their alleged links to the origins of the Sars-Cov-2 outbreak — have come under growing scrutiny. 

A US intelligence probe ordered by President Joe Biden into whether the virus emerged naturally or could have leaked from the lab failed to reach a definitive conclusion in August and Beijing has rejected any suggestion of a leak from the laboratory. 

Nonetheless, the scrutiny has revived old controversies about the safety and usefulness of gain-of-function methods as well as whether they should be publicly funded.
The ambiguity has led Wain-Hobson to conclude that the same forces that compel amateurs to tinker away on potentially lethal pathogens in their garages exist everywhere in science, often finding innovative ways or excuses to get around restrictions.

People will always find ‘dirty solutions’ to even the strictest controls, he laments.

He likens the scientific compulsion to tinker to fantasy novelist Terry Pratchett’s observation that “if you put a large switch in some cave somewhere with a sign on it saying ‘end of the world switch. Please do not touch’, the paint wouldn’t have time to dry.”
But defenders of gain of function often make similar arguments. It is better in their opinion to fund the research in official settings where it can be supervised and influenced than to ban it and have it seeping into unsupervised pastures or those open to more ad hoc practices.

Those charged with monitoring biological threats and enforcing the BWC convention have tended to support bottom-up solutions, such as code of conduct development and awareness, for this reason. 

But the problem with such an approach is that it is voluntary, says Filippa Lentzos, a social scientist at King’s College London who is researching biological agent threats.

“It’s really up to the individual institutions, countries, areas and professional associations to look at these guidelines and try to implement their own,” she says, noting the BWC is still without formal enforcement or verification power.
For Dabrowa the measures do not go far enough. He would rather the international bioweapons community took a leaf out of the nuclear deterrent field and identified supply chain chokepoints that can be monitored more robustly.
“We need a part of the process that is expensive, difficult and necessary,” he says, advocating for control of a key input material for DNA processing called nucleoside phosphoramidite. 

“It’s the equivalent of asking why someone in Afghanistan just put an order online for weapons-grade uranium.”

read more

Currency Markets at a Glance WSJ
World Currencies

Euro 1.1724
Dollar Index 93.267
Japan Yen 109.57

Sterling 1.3654
Swiss Franc 0.9242
Pound 1.3654
Aussie 0.7252
India Rupee 73.7935
South Korea Won 1183.93
Brazil Real 5.2703
Egypt Pound 15.7081
South Africa Rand 14.7695

read more

What threat does Evergrande pose to the Chinese Communist Party? @business
World Of Finance

As President Xi Jinping looks to bring “common prosperity” to China, bailing out a billionaire isn’t a great look.
Yet allowing a default at China Evergrande Group, owned by Hui Ka Yan, is also risky: 

The world’s most indebted property developer has assets equivalent to 2% of China’s gross domestic product. 

A collapse would hurt millions of homeowners, company employees and retail investors.
The company’s bonds are down 75% since late May, and slipped further today after S&P Global Ratings said it was on the brink of a default. 

The credit assessor said Beijing would only intervene if contagion infected multiple other major developers.
Global investors are watching anxiously. Evergrande on Thursday must pay some $83.5 million of interest on a five-year dollar bond, and failure to do so within 30 days may constitute a default. It also owes $36 million on an onshore bond due the same day.
So far, Chinese officialdom has been silent. State-run media have barely mentioned Evergrande, even though Hui told staff he believed the company will step out of its darkest moment soon.
For Xi, the company’s fate may come down to another risk assessment: What is the threat to the Communist Party? As much as the president enjoys cutting billionaires down to size, he likes staying in power even more.

read more

Iron Ore has plunged 60% from a record above $230 a ton in May.

That demand squeeze will continue as China’s now mature steel sector faces further caps on production, which plunged to a 17-month low in August. As a consequence, iron ore will come under more pressure, falling to $80 to $90 a ton heading into next year, said UBS Group AG strategist Wayne Gordon.

read more

African Region Weekly epidemiological update on COVID-19 - 21 September 2021 @WHO

The African Region reported over 98 000 new cases, a case incidence similar to that of the previous week, following a consistent decline in the number of new weekly cases over the past two months. 

While most of the countries in the region reported a decline in case incidence, several countries reported an increase including Botswana, Burundi and Zimbabwe. 

The majority of countries in the region reported a decline in the number of new deaths last week.
The highest numbers of new cases were reported from 

South Africa (26 115 new cases; 44 new cases per 100 000 population; 35% decrease)

Uganda (22 511 new cases; 49.2 new cases per 100 000)

Ethiopia (9266 new cases; 8.1 new cases per 100 000; figures similar to those of the previous week). 

The highest numbers of new deaths were reported from 

South Africa (1365 new deaths; 2.3 new deaths per 100 000 population; 14% decrease)

Ethiopia (208 new deaths; <1 new deaths per 100 000, 18% increase)

Algeria (112 new deaths; <1 new deaths per 100 000; 39% decrease).

read more

Africa is currently reporting a million new infections about every 38 days @ReutersGraphics

Burundi is at Peak 

Egypt reports highest number of new infections since June

read more

Update on the number of new #covid19 cases and deaths reported in #Africa. @BeautifyData

Yesterday, there were 9,418 new cases and 249 new deaths. [7 day average is 16,171 cases] 

read more

A study of an HIV-positive woman in South Africa showed that she harbored the coronavirus for 216 days, during which time it mutated considerably. In fact, 30 times @business

The longer Covid-19 persists in its host, the longer it sheds, or reproduces, and that’s when it mutates.

“There is good evidence that prolonged infection in immunocompromised individuals is one mechanism for the emergence” of Covid-19 variants, de Oliveira said.
“People who are immunocompromised shed for much longer. Viral evolution happens when you are shedding,” says Glenda Gray, the president of the South African Medical Research Council.  

“Speed and coverage is important to make sure that people who are HIV-positive are getting vaccinated.”

read more

Local media sources claim that coup was led by General Bakraoui who - alongside an unspecified number of army officers - unsuccessfully attempted to seize state radio station in Omdurman. @Pol_Sec_Analyst

Local media sources claim that coup was led by General Bakraoui who - alongside an unspecified number of army officers - unsuccessfully attempted to seize state radio station in Omdurman. Incident comes a week after rumours of a possible coup was rebuked by transitional govt

read more

10-JUN-2019 :: The ‘’zeitgeist’’ of the Revolution in Khartoum was intoxicating.

As I watched events unfold it felt like Sudan was a portal into a whole new normal.
Hugh Masekela said ‘’I want to be there when the people start to turn it around.’’ Sudan is a Masekela pivot moment.

read more

Democracy lives in the young people of Zambia who harnessed the power of the vote, for the first time turning out in record numbers, to denounce corruption and chart a new path for their country. @POTUS #UNGA HHichilema

Democracy lives in the young people of Zambia who harnessed the power of the vote, for the first time turning out in record numbers, to denounce corruption and chart a new path for their country.   ~ President Joe Biden      @POTUS #UNGA

read more

Africa History. Only 3years after Jean-Bédel Bokassa was crowned (literally) Emperor of Central African Republic on a giant gold eagle throne, he was ousted today (Sept 20) in 1979 by David Donkah @hallaboutafrica

Africa History. Only 3years after Jean-Bédel Bokassa was crowned (literally) Emperor of Central African Republic on a giant gold eagle throne, he was ousted today (Sept 20) in 1979 by David Donkah, who had been CAR's 1st Pres in 1960 and who lasted 2yrs before a 1981 coup d'état.

read more

The fact that @POTUS mentioned Northern #Ethiopia in the same breath as #Xinjiang suggests that he views them as comparable situations of #genocide. #UNGA @_hudsonc

The fact that @POTUS mentioned Northern #Ethiopia in the same breath as #Xinjiang suggests that he views them as comparable situations of #genocide. Perhaps a window into the now months-delayed genocide determination  @SecBlinken is supposed to be making? #UNGA

read more

The falcon cannot hear the falconer;

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.

read more

Something strange is happening in politics ya Kenya. The people are refusing to listen Growing youth population? Anger? Both? @WehliyeMohamed
Law & Politics

Something strange is happening in politics ya Kenya. The people are refusing to listen to their political leaders, the council of elders, the clergy, the money men/women who used to whip them to some political corner. Growing youth population? Anger? Both?

read more

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

Forgot your password? Register Now
September 2021

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