The same Ethno-nationalist Afrikaners who went to war for their people built the United Nations, and established the concept of International Law and Modern Human Rights.
Today, the very institutions they built oppress their descendants.
Watch:
https://t.co/awuyqHAJCE
Markets opened in the red today, with weakness seen across most sectors, particularly in technology stocks. Tencent continued its recent decline, while the software sector experienced a significant pullback after months of strong gains.
Meanwhile, gold stood out as one of the few positive performers, and locally, investors are watching Anglo American and other mining shares for signs of support.
Another key development is Investec's upcoming addition to the FTSE 100 Index on 19 June, which could drive increased buying activity ahead of the rebalance.
Read more on our blog:
https://t.co/x0vlFXyWU6
#trading #stockmarket #gold #investec #volatility
Three questions:
1) Would the US stop Chinese-flagged vessels going in-and-out the Persian Gulf? And if the tankers don’t stop?
2) What’s the plan if the Houthis of Yemen blockade the Bab al-Mandeb?
3) Would the U.S. stop Iranian tankers loading at Jask (outside the SoH)?
COLUMN: Iran’s strategy is by now clear: Impose an intolerable economic cost on President Trump.
One of the last lines of defence is a couple of oil pipelines offerign a partial (**emphasis on partial**) bypass of the Strait of Hormuz.
Link: https://t.co/tXkHzUOiYy @Opinion
Qatar is making its problems worse:
It's not its fault at all, but LNG clients will never forget the supply interruption. Never ever.
Now, Doha could be working quietly to ease the problem (see Aramco/ADNOC). Instead, it's turning the force majeure into a diplomatic weapon.
QatarEnergy declares Force Majeure
Further to the announcement by QatarEnergy to stop production of liquefied natural gas (LNG) and associated products, QatarEnergy has declared Force Majeure to its affected buyers.
QatarEnergy values its relationships with all of its stakeholders and will continue to communicate the latest available information.
#QatarEnergy #Qatar
Bloomberg Economics: For the global economy, the central risk is oil — Iran produces about 5% of global supply. More importantly, about one-fifth of global oil flows pass through the Strait of Hormuz, which Iran has threatened to close. If it carries through on its threats, we estimate oil could climb as high as $108 per barrel.
BREAKING: U.S. and Israel launch an attack on Iran, with multiple explosions sounding in Tehran and other major cities. The attack is happening in daylight.
🛢️⚠️⛽️ Current geopolitical oil risk:
🇻🇪 Venezuela: Skews bearish
🇷🇺 Russia: Neutral for now
🇮🇷 Iran: Skews bullish — plus a large low-probability but high-impact bullish risk
Yes some within the ANC were corrupt, and the damage caused during the wasted nine years of Jacob Zuma was severe. That truth is not denied.
But it is intellectually dishonest and morally lazy to take one paintbrush and smear an entire liberation movement made up of millions of honest, hardworking South Africans.
We do not judge an entire people by the crimes of a few just as we do not blame all doctors for malpractice, or all businesses for corruption.
The ANC has acknowledged its mistakes, publicly and repeatedly.
And let us be clear about history
During apartheid, Black South Africans were subjected to horrific medical crimes, including state-sanctioned experiments, forced exposure to disease, and the deliberate spread of HIV through covert programmes and negligence.
Thousands of Black lives were lost. These were not accidents. They were crimes against humanity.
Yet even here, we do not take one paintbrush and condemn every individual we condemn the system, the ideology, and those who executed these atrocities.
The recently held National General Council (NGC) was organised, disciplined and purposeful exactly what one expects from the engine room of the ANC. That is something the movement, under the leadership of Secretary-General @MbalulaFikile can be proud of.
Renewal does not happen overnight. Rebuilding a damaged state takes time.
But the ANC is rebuilding.
Those rushing to write the obituary of the ANC are in for a very big shock.
Under President Cyril Ramaphosa, supported by leaders like Mbalula, the ANC is more united today than it has been in years.
And let us be very clear
South Africa needs the ANC.
South Africa needs a strong DA.
The alternative is disaster.
To those spreading fear:
• No land has been taken without compensation.
• Even under the new law, land acquisition is based on negotiated agreement.
• If no agreement is reached, the courts decide not politicians.
That is the rule of law. That is constitutional democracy.
South Africa is a beautiful country, with beautiful people, bound by a Constitution admired across the world.
And for the record a significant part of the Jewish community stood side by side with the ANC in the struggle against the terror of apartheid. History does not lie, no matter how uncomfortable it makes some people today.
So think.
Then think again.
And then think properly.
South Africa’s future lies in reform, unity, constitutionalism and renewal not fear-mongering, racial hysteria or historical amnesia.
South African Retailers have failed countless times overseas and given the financial history of this acquisition target, Mr Price at least owes its shareholders a detailed explanation before proceeding with the transaction. Our letter to the board: