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Keyword: southafrica

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  • Why Is the US Dollar so Strong Again?

    05/18/2023 10:01:22 PM PDT · by nickcarraway · 11 replies
    Yahoo! News ^ | Harry Robertson
    If investors agree on one thing this year, it's that the dollar is going to fall. That's made the greenback's 2% bounce over the last month particularly confusing. U.S. inflation is cooling and the Federal Reserve may pause its interest rate hikes next month. So the dollar should be on the way down, right? Analysts say a number of factors are probably at play. One is that a range of worries - about the U.S. debt ceiling negotiations, the health of banks, and the global economy's outlook - are burnishing the dollar's safe-haven credentials.
  • News Summary-Intelligence Report Thursday 5/11/2023 Tensions As Title 42 Ends, UK Confirms Supplies Of Long-Range Missiles To Ukraine, Pakistan Supreme Court Orders Khan Released But Keeps Him At "Guest House"

    05/11/2023 8:03:36 PM PDT · by Nextrush · 12 replies
    Nextrush Free ^ | 5/11/2023 | Nextrush/Self
    On the southern US border and beyond tensions tonight as the Title 42 policy... The warring parties in Sudan reaching a preliminary agreement at talks in Saudi Arabia... French President Emmanuel Macron calling for a pause in any new European environmental regulations... Twitter's owner Elon Musk announcing a new CEO to replace himself... South Africa's government announcing an independent investigation after US Ambassador Reuben Brigety accused it of supplying arms to Russia... The British Defense Secretary Ben Wallace confirms that the UK has provided Ukraine with long range missiles... Turkish politics and one of the minor candidates in the presidential...
  • South Africa And The Green Energy Wall

    04/26/2023 4:50:02 AM PDT · by MtnClimber · 19 replies
    Manhattan Contrarian ^ | 25 Apr, 2023 | Francis Menton
    It’s obvious to any person with the faculty of critical thinking that intermittent renewable “green” energy will never work to power a modern economy. So as various U.S. states and foreign countries press forward on their crash programs to go fully “green” with their electricity generation, the next obvious question immediately arises: who will be first to hit the green energy “wall”? That is, which state or country will be the first to find that without enough reliable generation its electricity system no longer works? And how will that impact the population? In previous posts I have examined the progress...
  • Doug Casey on Rising Crime, Legalized Shoplifting, and Other Disturbing Trends in US Cities

    04/20/2023 7:48:30 PM PDT · by george76 · 16 replies
    International Man ^ | 4/20/2023 | Doug Casey
    International Man: In parts of California and other states, shoplifting under $950 has been de-facto decriminalized. The practical reality is that thieves can now walk into a store and steal whatever they can without fear of police intervening—as long as it’s under $950. The trend of de-facto legalization of shoplifting is spreading across the country. What is your take? Doug Casey: The rise in crime in general and the veritable legalization of shoplifting, in particular, are really just symptoms. The real problem is that the moral fabric of the US and many other Western countries are torn. There’s not much...
  • ICC arrest warrant for Putin a big dilemma for South African government

    04/14/2023 7:27:35 PM PDT · by marcusmaximus · 30 replies
    All Africa ^ | 4/14/2023 | Andre van Wyk
    The South African government has elected to consider allowing Vladimir Putin's remote attendance to the 2023 BRICS summit ion an effort to navigate the bureaucratic headache that the Russian leader's presence risks due to the warrant of arrest issued by the International Criminal Court (ICC) for his capture, News24 reports. According to City Press, a hybrid sitting is under consideration for the summit which would allow multiple leaders, including Putin, to attend the event virtually. A government official said: "The Ramaphosa administration is the one that revoked the earlier decision to leave the ICC and decided the country would stay....
  • 56 Countries Look to De-Dollarize, Breaking from the “Demons in Davos”

    04/02/2023 6:22:41 PM PDT · by CFW · 45 replies
    Independent Sentinel ^ | 4/2/23 | M. Dowling
    According to Min News, fifty-six countries, including Israel and Japan, want to de-dollarize. Japan is dumping the US dollar as fast as it can. This is a direct result of the lockdowns and the sanctions. Both were highly-destructive failures. It is the beginning of the new world order that will possibly supersede the liberal world order within the next several years. No sane country wants to depend on a nation that will weaponize the system or the “demons in Davos.”
  • Petrodollar Dusk, Petroyuan Dawn: What Investors Need To Know

    04/02/2023 3:28:15 PM PDT · by Its All Over Except ... · 38 replies
    Nasdaq ^ | 4/2/23 | Staff
    During a three-day state visit, Chinese President Xi Jinping held friendly talks with Russian President Vladimir Putin in a show of unity, as both countries increasingly seek to position themselves as leaders of what they call a “multipolar world order,” one that challenges U.S.-centric alliances and agreements. Among those agreements is the petrodollar, which has been in place for over 50 years. In case you’re wondering, “petrodollars” are not a real currency. They’re simply dollars being used to trade oil. Early in the 1970s, the U.S. government provided economic aid to Saudi Arabia, its chief oil-producing rival, in exchange for...
  • India-Bangladesh trade using rupee instead of US dollar soon

    04/02/2023 6:10:07 AM PDT · by Its All Over Except ... · 49 replies
    Bangladesh Pratidin ^ | 4/1/23 | Staff
    Bangladesh could soon start trading with India using rupee instead of US dollar, trial for which has been done by Bangladesh Bank recently, reports UNB. The ministry of commerce has placed a written recommendation at the last cabinet meeting regarding the possibility and opportunity of using rupee instead of dollar. Currently Bangladesh exports goods to India worth around USD 2 billion. “The use of rupee will start with Bangladesh's $2 billion trade with India. Bangladesh Bank has almost finished all kinds of trials in this regard. Trading in rupee will be introduced in both countries only after bilateral decision on...
  • South Africa: Oscar Pistorius to Be Released Soon

    03/29/2023 2:46:35 PM PDT · by nickcarraway · 18 replies
    A decade ago, just before Valentine's Day, everything changed on the day he killed his girlfriend.The former Paralympic champion Oscar Pistorius is now halfway through his prison sentence and will soon be set for possible parole. A committee is meeting in Pretoria on Friday to decide whether to release the 36-year-old former stadium king, who has had both legs amputated and was convicted of the February 2013 murder of Reeva Steenkamp, the South African justice department and prison service said. The decision of the committee, which includes representatives of the prison service, the police and civilians, is expected in the...
  • The African power grid collapse is spreading

    03/25/2023 6:06:27 PM PDT · by george76 · 74 replies
    Hot Air ^ | March 25, 2023 | JAZZ SHAW
    Last summer, we looked at the collapse of the power grid in South Africa. The country which previously had the most economically stable and prosperous government in sub-Saharan Africa suffered waves of unemployment and looting as its economy buckled under the strain. They’ve managed to put together some foreign aid to apply patchwork fixes since then, but there are still rolling blackouts taking place on a regular basis. This winter, however, the power grid problems are spreading in one of the more underreported stories of the year. Zimbabwe and Nigeria are now also experiencing near-total collapses of their power grids....
  • Vladimir Putin offered protection from arrest by South Africa as party PRAISES tyrant

    03/24/2023 12:23:03 PM PDT · by marcusmaximus · 36 replies
    Mirror UK ^ | 3/24/2023 | Rachel Hagen
    -snip- Opposition minority party, the Economic Freedom Fighters (EFF), has said Putin is welcome and EFF leader Julius Malema said that no one was going to arrest him in the country where Russia "played a huge role to support the struggle for freedom". -snip- "Putin is welcomed here. No one is going to arrest Putin. He [Putin] will address, finish all his meetings, and we will take him back to the airport," Mr Malema said. He continued: "We know our friends. We know the people who liberated us. We know the people who supported us." A spokesperson for President Cyril...
  • ANC silent on Putin arrest warrant, EFF says Russian leader welcome in SA

    03/24/2023 1:47:11 PM PDT · by marcusmaximus · 14 replies
    Mail and Guardian (South Africa) ^ | 3/23/2023 | Lizeka Tandwa
    The ANC has remained silent about the International Criminal Court’s issuing an arrest warrant for Russia’s President Vladimir Putin, but the Economic Freedom Fighters (EFF) said the Russian leader was “welcome” in South Africa. South Africa faces a diplomatic problem because Putin is among the international dignitaries expected to attend the Brics (Brazil, Russia, India, China, South Africa) summit in the country in August. During a media briefing earlier this week, ANC secretary general Fikile Mbalula dodged a question about whether the government would arrest Putin should he enter the country. South Africa as a member state of the ICC...
  • Putin’s visit a headache for South African govt

    03/24/2023 12:44:47 PM PDT · by marcusmaximus · 17 replies
    Premium Times ^ | 3/24/2023 | allAfrica
    Russia’s President, Vladimir Putin, will be attending the BRICS Summit in August this year, on invitation by the South African government. BRICS is a group of the world’s biggest emerging economies – Brazil, Russia, India, China and late-addition South Africa. The International Criminal Court in the Hague has issued a warrant of arrest for the Russian leader for war crimes stemming from the conflict with Ukraine that started over a year ago on 28 February 2022. The ICC warrant means that South Africa, a signatory to the ICC, will be obliged to arrest Mr Putin and hand him over if...
  • South African businesses in a panic over emigration

    03/24/2023 7:05:57 AM PDT · by Salman · 23 replies
    Business Tech (South Africa) ^ | 8 March 2023 | Staff Writer
    A new white paper from payroll services group Playroll, in partnership with tech and developer jobs marketplace OfferZen and executive recruitment firm Aims International, shows that South Africa’s skills crisis runs deeper than industry-specific shortages portray. The group’s research found that close to 80% of all business leaders it surveyed consider the emigration of skills one of the critical risk factors facing their organisations. This comes at a time when emigration appears to be accelerating, it said. ... The UK has the most migrant stock from South Africa, with almost a quarter of a million residents listing RSA as their...
  • That's Gratitude? After billions in US aid (including a recent $1 billion pledge), South Africa is conducting joint military exercises with Russia and China

    03/20/2023 8:23:47 PM PDT · by SeekAndFind · 24 replies
    American Thinker ^ | 03/20/2023 | Thomas Lifson
    South Africa, alas, is not our friend. Despite decades of financial and moral support from the United States, South Africa is drifting into alignment with our rivals for global supremacy. Daniel Greenfield reports for Front Page Magazine:In November 2022, Climate Envoy John Kerry announced a giveaway of $1 billion in foreign aid to South Africa. The failed racist state which regularly suffers blackouts from its socialist power system was being offered billions to subsidize electric cars and green energy.Treasury Secretary Janet Yellen claimed that “President Ramaphosa and the South African Government have created a bold plan identifying a clear strategy...
  • Rapper Costa Titch Dies After Collapsing on Stage in South Africa

    03/13/2023 3:11:18 PM PDT · by nickcarraway · 16 replies
    CBS News ^ | MARCH 13, 2023
    The South African rapper Costa Titch died on stage while performing, police said Sunday, as they opened an investigation into the circumstances of the 28-year-old's sudden death. The artist "collapsed while he was performing" on Saturday evening at the Ultra South Africa concert in the Johannesburg suburb of Nasrec, police told AFP. They said a post-mortem would establish the cause of death. YFM Big Announcement in South Africa Costa Titch at YFM Big Announcement on October 26, 2021 in Johannesburg, South Africa. OUPA BOPAPE/GALLO IMAGES VIA GETTY IMAGES Costa Titch scored a major hit with "Big Flexa," which has more...
  • How true is farmlands today? Video—12 minutes

    03/09/2023 5:11:04 AM PST · by Phoenix8 · 2 replies
    YouTube ^ | 3/6/2023 | Southern
    No dialog offered , video.
  • South Africa's Pistorius up for Parole in Girlfriend's Murder

    03/02/2023 8:05:04 PM PST · by nickcarraway · 4 replies
    Channel News Asia ^ | 02 Mar 2023
    South African Paralympic champion Oscar Pistorius, who killed his girlfriend 10 years ago, will know in about a month whether he will be released on parole, his lawyer said on Thursday (Mar 2). "We have been advised by the parole board that (the) hearing will take place on the 31st of March, 2023," his lawyer Julian Knight told AFP. "It's an internal process". Pistorius, 36, shot dead Reeva Steenkamp in the early hours of Valentine's Day in 2013 when he fired four times through the bathroom door of his ultra-secure Pretoria house.
  • Why South Africa’s Collapse Finally Came Down to Eskom: The electricity utility sits at the intersection of politics, incompetence, and crime.

    03/02/2023 2:14:53 AM PST · by C19fan · 37 replies
    American Conservative ^ | March 2, 2023 | Helen Andrews
    Could the collapse of South Africa, so long foretold by pessimists, finally be arriving? The United States government thinks it’s possible. On February 15, the U.S. embassy in Pretoria advised Americans in South Africa to have at least seventy-two hours’ worth of food, water, medicine, and hygiene supplies in case of power outages, which have reached record levels in recent weeks, leaving users across the country without electricity for hours at a time. In January, the U.S. State Department’s Overseas Security Advisory Council held a meeting, which was leaked to journalists in an audio recording, to discuss the need to...
  • South Africa is in freefall

    03/01/2023 7:18:26 PM PST · by MtnClimber · 81 replies
    American Thinker ^ | 1 Mar, 2023 | Andrea Widburg
    Its decline wasn’t inevitable. It stands as a warning to all Western nations about the speed with which bad (read: leftist) management will destroy a country. I received an email from a South African friend today, infuriated at his country’s destruction at the hands of his own government’s ideology and incompetence. This was not hyperbole. In fact, the power grid is on the verge of complete collapse, which will leave people without food or water, and, when combined with South Africa’s decay in all other areas, may lead to civil unrest on a scale that could trigger a full civil...