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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (114019)	10/31/2015 3:50:26 PM
From: ggersh	1 Recommendation Recommended By Elroy Jetson Read Replies (1) \| Respond to of 218578

The ME is devolving into what I believe to be what all the experts said would become of the ME after Dubya's needless invasion of Iraq..... Unlike his unique defense of 9/11 being it was hard to connect the dots, these dots were already connected.....sigh, I feel for all the innocents dying over there.

To: Haim R. Branisteanu who wrote (114019)	11/1/2015 4:13:10 AM
From: elmatador	Read Replies (1) \| Respond to of 218578

It is 1986 all over again The IMF is pressing Nigeria to further devalue its naira currency amid uncertainty over the political and economic outlook for Africa's biggest oil producer and economy.Analysts said there's disappointment that President Muhammadu Buhari's long-awaited Cabinet list — five months in the making and still not finalized — includes no economic stars to guide much-needed reform. "There's no economist on the (Cabinet) list that can suggest to the government ways to improve revenue generation and how to run the economy," said Garba Kurfi, managing director of APT Securities and Funds. The naira has lost 25 percent of its value in the past year and the stock market plummeted by 20 percent last year and 14 percent this year because of political uncertainty and halved prices for oil that provides most government revenue. Nigeria's Central Bank devalued the naira by 8 percent in November and then fixed the official exchange rate at an even lower 198 to the dollar, though it sells at 222 at exchange bureaus. Unable to stem the slide, the Central Bank has defended the naira by restricting access to foreign currency and banning a long list of imports. "It's like digging a hole to fill up another hole," said an editorial in Nigeria's huhuonline news website. The restrictions are "quite detrimental," said the International Monetary Fund's Africa director, Antoinette Sayeh. They "are already making it harder for the average person to buy milk," she said at the IMF annual meeting that ended in Peru this week, according to the organization's website. She called for a review of the restrictions and for officials to "permit the exchange rate to continue to adjust."

To: Haim R. Branisteanu who wrote (114019)	11/1/2015 11:27:58 PM
From: Elroy Jetson	Read Replies (2) \| Respond to of 218578

The disintegration of the Kogalymavia (Russian Metrojet) flight from Sharm el Sheik to St Petersburg is most likely due to a faulty repair after the plane struck the tail while landing in Cairo. This type of damage seriously compromises the strength of the aircraft. This same type of damage and faulty repair caused the 1985 crash of JAL flight 123 from Tokyo to Osaka. . — lessonslearned.faa.gov In the JAL case, the decompression destroyed flight controls rather than the entire aircraft. After a long period of trying to maintain control of the aircraft the JAL flight hit the side of a mountain. Twelve minutes after takeoff, at an altitude of 24,000 feet and an airspeed of 300 knots, a bang, vibration, and cabin decompression was recorded on the cockpit voice recorder. This was the fifth flight of the day for this airplane. At 46 seconds after decompression, the captain signaled an emergency on the transponder and requested a return to Tokyo. Russian aircraft maintenance has always been abysmal, which is why most of their bombers are out of action after limited use in Syria.