Reserve your spot for the 6th AFSIA e-Conference on Storage Solutions! 4 days of exploring Africa’s growing BESS market: 31.8 GWh projects are underway, South Africa could reach 10–15 GWh by 2030.
Learn more & register: https://t.co/BrQr9hZo7D
#EnergyStorage#BESS#Solar
Nearly 600M people in Sub-Saharan Africa lack electricity. That’s about half the population!
@WorldBankGroup, @AfDB_Group, and partners are closing this gap. Through #Mission300, the World Bank Group has connected nearly 39M people.
More: https://t.co/qIatTiT2iR #PoweringAfrica
[...] Force est de constater pourtant qu’au début de ce régime de refondation, sous le leadership de l’ancien ministre Ralitera Ny Ando Jurice, le délestage avait fortement diminué à Tana. [...]
#Madagascar
https://t.co/8cY2HPWhA3
BREAKING: US strikes on Iran used Anthropic's Claude, just hours after it was banned by President Trump, per WSJ.
Details include:
1. US Central Command in the Middle East used Claude for intel purposes
2. Claude was used for intelligence assessments, target identification, and simulating battle scenarios
3. US government says phasing out a Claude will take 6 months
4. Similar intelligence usage was seen in President Maduro’s capture
AI warfare is rapidly accelerating.
BREAKING: The US Dollar now represents ~40% of global currency reserves, the lowest in at least 20 years.
This percentage has declined -18 percentage points over the last 10 years.
Over the same period, gold’s percentage has increased +12 points, to 28%, the highest since the early 1990s.
Gold now accounts for more global FX reserves than Euro, Yen and Pound combined.
This comes as central banks continue diversifying away from the US Dollar while rapidly stockpiling gold in their vaults.
As a result, gold prices rallied +65% in 2025, the largest annual gain since 1979, while the US Dollar Index declined -9.4%, its worst annual performance in 8 years.
Gold is changing the world.
This is absolutely insane:
Venezuela currently has 303 billion barrels of crude oil reserves, which Trump says the US now controls.
Oil prices are trading at ~$57/barrel, making Venezuela's total reserves worth $17.3 TRILLION.
Even if the US sells this oil for HALF of the market rate, that's still $8.7 TRILLION.
In other words, in 12 hours, the US has gained control of oil reserves worth more than the entire GDP of ALL countries in the world, aside from the US and China.
That's 4 TIMES larger than the GDP of Japan.
Most people do not realize how much the world just changed.
Oil markets will react to this news for the first time on Sunday at 6 PM ET.
The next few days will be critical.
Germany's local branch of the ECB, named after it's former glorious central bank (Bundesbank) says it will end the use of cheques.
Bad news for small firms. When they tried this in the UK a few years ago, protests halted it.
Let's protest! Media matters https://t.co/xuXspQHF20
African countries still face the world's highest borrowing costs
No coincidence that the oldest median age countries have the highest ratings. Inv. grade Mauritius is 40yo, Morocco is 31, South Africa which was upgraded on Friday night is 30.
https://t.co/YsBIlAioBx
Fact-based economics update: The secret of high economic growth and how it was transferred to China. And what price China was forced to pay for being given access to Western markets.
See my new Substack https://t.co/JncP6o8bFc
https://t.co/yNlSYFV5bY
BREAKING: Japan's 20Y Government Bond Yield surges to 2.75%, the highest level in history, as the government prepares a $110 billion stimulus package.
This chart is truly insane.
"Central bank independence is essential to keeping inflation under control & safeguarding credibility," ECB claims.
So why did this most independent central bank in the world create large inflation in 2021/2022?
Because it can. Too independent & unaccountable
https://t.co/bCXPnXTQsh
Mathematics is logic. It's used as a rhetorical device and marketing tool by the equilibrium economists to fool people into believing they're doing something scientific.
In actual fact the hypothetical axiomatic deductive methodology that equilibrium economics relies upon is unscientific.
Hence the need for scientific economics, where explanations are inferred from empirical facts.
Pure logic only tells us about theoretical possibilities. Nothing about facts of our particular world.