SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (144676)12/13/2018 7:33:44 PM
From: TobagoJack  Respond to of 217589
 
that is a point, and less incidence of skin cancer, another blessing top-up



To: Snowshoe who wrote (144676)12/13/2018 8:45:39 PM
From: TobagoJack  Read Replies (2) | Respond to of 217589
 
ooops

it is not as if folks cannot figure out that pence would rule should trump fail before 2020

does the market have anything against pence? or is it that the market would miss trump?

zerohedge.com

Futures Tumble On Report Trump Present During Enquirer Hush Money Meeting

Futures are tumbling on a report that Donald Trump was present at an August 2015 meeting to discuss hush money payments to shield him from potentially damaging allegations by two women.

According to court filings, Trump was present at the meeting with his former longtime personal attorney Michael Cohen, and David Pecker - chairman of The Enquirer parent company, American Media Inc. (AMI).

The plan involved Pecker flagging potentially negative stories about Trump's relationships with women, then purchasing the rights to the allegations with no intention to publish them in a practice known as "catch-and-kill," according to a non-prosecution agreement between AMI and Manhattan federal prosecutors made public Wednesday.

[url=]
[/url]Donald Trump and Karen McDougalAMI paid former Playboy model Karen McDougal $150,000, who claimed to have had a 10-month-long extramarital affair with Trump beginning in 2006 - a payment which Federal prosecutors have amounted to an effort to influence the 2016 US election, and a campaign finance violation.

This week's court filing said that Cohen, Pecker and "one or more members of the campaign" met in August 2015, during which "Pecker offered to help deal with negative stories about that presidential candidate's relationships with women by, among other things, assisting the campaign in identifying such stories so they could be purchased, and their publication avoided."

AMI has now admitted to "keep Cohen appraised" of negative reporting about Trump following the meeting.

The media company also helped facilitate a payment to adult film actress Stormy Daniels in the months leading up to the 2016 election.

While Pecker and AMI haven't been charged with any crimes - and are now cloaked in an immunity deal, Cohen pleaded guilty to the campaign finance violations and seven unrelated crimes. Cohen claimed in court that the hush money payments were made at Trump's direction.



To: Snowshoe who wrote (144676)12/14/2018 3:27:12 AM
From: TobagoJack  Respond to of 217589
 
sometimes one must smile, when one hears another take on why africa must say "no" to hi-speed rail, hospitals, factories, ...

reuters.com

U.S. to counter China, Russia influence in Africa: Bolton

WASHINGTON (Reuters) - The United States plans to counter the rapidly expanding Chinese and Russian economic and political influence in Africa, U.S. national security adviser John Bolton said on Thursday, calling business practices of the two nations “corrupt” and “predatory.”

FILE PHOTO: U.S. President Donald Trump's national security adviser John Bolton speaks during a press briefing at the White House in Washington, U.S., November 27, 2018. REUTERS/Kevin Lamarque

Washington’s No 1. priority will be developing economic ties with the region to create opportunities for American businesses and protecting the independence of African countries along with U.S. national security interests, he said in a speech at the Heritage Foundation.

“Great-power competitors, namely China and Russia, are rapidly expanding their financial and political influence across Africa,” Bolton said.

“They are deliberately and aggressively targeting their investments in the region to gain a competitive advantage over the United States.”

U.S. President Donald Trump and Chinese President Xi Jinping, leaders of the world’s two largest economies, have been trying to resolve trade disputes that have roiled markets.

“China uses bribes, opaque agreements, and the strategic use of debt to hold states in Africa captive to Beijing’s wishes and demands. Its investment ventures are riddled with corruption,” Bolton said.

Speaking in Beijing, Chinese Foreign Ministry spokesman Lu Kang said China’s cooperation with Africa was about helping the continent develop and had been widely praised there.

“When we talk about cooperation with Africa, what we mostly talk about is what does Africa need, like agricultural modernization,” Lu told a daily news briefing.

“But the U.S. person, apart from talking about the United States’ own needs, wasn’t thinking about Africa, but about China and Russia. This is very interesting.”

China will continue its friendly, mutually beneficial cooperation with Africa, no matter what anyone else says, he added.

Bolton had equally harsh words for Russia.

“Across the continent, Russia advances its political and economic relationships with little regard for the rule of law or accountable and transparent governance,” he said.

He accused Moscow of selling arms and energy in exchange for votes at the United Nations “that keep strongmen in power, undermine peace and security, and run counter to the best interests of the African people.”

Bolton said “predatory practices” by China and Russia stunt economic growth in Africa and threaten nations’ economic independence.

He said the United States was developing the “Prosper Africa” initiative to support U.S. investment in Africa and a growing middle class in the region. He gave no details.

Landry Signe, a fellow at the Brookings Institution’s Africa Growth Initiative in Washington, welcomed the administration’s focus on trade and investment as opposed to security, but wanted details on planned U.S. action.

“The Trump administration’s new Africa Strategy reflects a more accurate understanding of the fast-changing dynamics within Africa,” he said, “but the strategy doesn’t seem sufficient to effectively address the United States’ threatened economic, security, and influence interests.”

FILE PHOTO: Russian President Vladimir Putin (L) greets U.S. national security adviser John Bolton during a meeting at the Kremlin in Moscow, Russia Oct. 23, 2018. REUTERS/Maxim Shemetov/File Photo

“DIDN’T GET MANY DETAILS” Judd Devermont, director of the Africa Program at the Center for Strategic and International Studies in Washington, said release of an Africa strategy was welcome after two years of “conflicting narratives” by the administration.

Devermont said he was disappointed that China dominated Bolton’s presentation, which lacked details on U.S. plans.

“China loomed over everything, and loomed over really important issues on trade and investment, and transparency,” said Devermont. “We didn’t get many details on what the ‘Prosper Africa’ approach looks like and how it would be resourced. Those should have been the headlines of the strategy.”

“We need a greater articulation on what are the sectors that the U.S. government wants to prioritize in Africa for U.S. investment,” Devermont said, “They should be transparent with the Africans to explain why certain countries are getting the bulk of the investment.”

China’s policies in Africa have concerned Washington as the United States seeks to ramp up development finance in the face of China’s global ambitions.

Canadian FM: extradition should not be politicized

In July, the head of the U.S. Overseas Private Investment Corp (OPIC) said China was saddling poor nations with unsustainable debt through large infrastructure projects that are not economically viable.

Bolton said the American approach contrasted with China’s “bait and switch” policies. “The way we do business is much more straightforward.”

In October Trump signed legislation overhauling the way the federal government lends money for foreign development, creating a $60 billion agency intended largely to respond to China’s growing influence. The new U.S. International Development Finance Corp combines OPIC and other government development organizations.

Xi’s “Belt and Road” initiative, unveiled in 2013, aims to build an infrastructure network connecting China by land and sea to Southeast Asia, Central Asia, the Middle East, Europe and Africa.

Bolton said the lack of economic progress in Africa has created a climate conducive to violent conflict and the proliferation of terrorism.

He said the United States has little to show for the billions of dollars it has poured into Africa. He said the administration will work to ensure U.S. aid is used more efficiently and effectively, with investments in health, education, government and fiscal transparency measures and rule of law.

“We will make certain that ALL aid to the region - whether for security, humanitarian, or development needs - advances U.S. interests,” he said, adding that Washington will also re-evaluate its support for U.N. peacekeeping missions.

Additional reporting by Doina Chiacu, and Ben Blanchard in BEIJING; Editing by Jeffrey Benkoe and David Gregorio




To: Snowshoe who wrote (144676)12/14/2018 3:32:16 AM
From: TobagoJack  Respond to of 217589
 
africa must say "no" for increased sales to china

edition.cnn.com

South Africa's wine growers see new demand from China



(CNN) — As wages rise in China, so has spending on luxury goods. And wine is one of them.

Over the next four years, the economic giant is predicted to overtake France and the United Kingdom to become the world's second-largest market for wine, behind the United States.

Wine consumption in China is expected to rise by more than a third to $23 billion in 2021, when it will reach a volume of 192 million cases, according to Vinexpo. That's a growth rate of 30%.
Noticing this trend, Hein Koegelenberg, chairman at the South African wine producer L'Huguenot Vineyards, saw an opportunity. In 2013, together with Chinese distribution company Yangzhou Perfect China, the company created a range of wines specifically for the Chinese market. The result was Perfect Wines of South Africa and the brand now accounts for 25% of all South African wines sales in China.

Online sales potential



L'Huguenot Vineyards is 40 minutes from Cape Town, within the country's Paarl-Franschhoek Valley. And the company's move is indicative of efforts by South African growers to boost online exports by catering to the Chinese market.

"China are the leaders in e-commerce," says Koegelenberg. "I think of the foreign wines sold last year, 49% was sold through the internet," he adds.

The company has had to work hard on promoting South African wine to Chinese customers. Renier Van Deventer is head winemaker at L'Huguenot and Leopard's Leap.

He says the Chinese palate is very different to South Africa's. According to him, the company had to come up with notes "to match China's spicy and tangy cuisine."

"We did a lot of research in China and bringing Chinese clients to taste wines in South Africa with us," says Deventer. "The main feedback that we get stylistically for the wine is that they enjoy the smell of oak but then they want smooth soft fruit juices on the palate."

China's wine imports jumped more than 30% this year and the trend will likely continue. From January to March this year, China imported 200.57 million liters of wines worth around $792 million -- a year on year growth of 32.34% in volume and 35.84% in value, according to figures by the China Association for Import and Export of Wine and Spirits (CAWS).
But L'Huguenot faces competition from France, which is the largest wine exporter by value globally and tops China's wine imports country of origin.

"French wine, they've dominated (the) Chinese market for a long time, they have some big brand names in China," says James Tan, CEO at L'Huguenot Vineyards.

Fake labels flood the market

But he says he thinks South Africa has fought hard to match French brands with some unexpected advantages.

"They are facing a lot of challenges because in China there are fake big brands and the Chinese cannot tell the difference," says Tan. "We're very fortunate with South African wine -- we have the seal of origin, a certification that can guarantee what you see on the label is what you get."

The South African wine industry is broadly under pressure from climate change. In recent years, production has been hit by wildfires and the worst drought in a century.

China's high tariffs also make success in its markets an expensive venture.

"You pay a 49% tax in China when you import wine there," says Koegelenberg.



L'Huguenot sold its cellar and 25 hectares of vineyards to a Chinese company.

"That's a big challenge which is unfair to the South African wine industry because there are some countries in the world that can escape or go without import duties," says Tan.

Despite this, South African wines are gaining ground. Around 13,000 stores now stock L'Huguenot wine, with around 1,500 salespeople hosting wine parties within China to expose consumers to its new vintages, Koegelenberg says.

"We come from a bad history where we couldn't plant in all regions," says Koegelenberg, referring to South Africa's era of apartheid. "Now we are planting. So all of a sudden winemakers in South Africa are making excellent wines."

Read more from Marketplace Africa




To: Snowshoe who wrote (144676)12/14/2018 3:36:12 AM
From: TobagoJack  Respond to of 217589
 
africa must say "no" to education, unless it is not chinese education

must be a tough choice for bolton, to waste money on education or invest money in wars

thehill.com

China’s educational offensive in African markets

As the United States looks to strengthen its commercial competitive stance vis a vis China in African markets, policy makers should look to one area of competition that has been absent from the debate —higher education. While the United States is home to most of the world’s best universities and a historical legacy of educating African political and business elite, Beijing has actively wooed the next generation of African leaders by broadening educational opportunities in China.

China is chipping away at an area of U.S. competitiveness in African markets and laying the groundwork for future market dominance. Considering 60 percent of Africa’s population of 1.2 billion is below 35 years old, the country that provides higher education options for the next generation of African leaders will have access, shared cultural ties, commercial networks and common business values.

While Washington is recalibrating its stance in regards to China globally, the United States should launch a new program of scholarships for Africans deliberately to cultivate deeper ties with Africa’s youth.

Growing Sino-African educational ties

The United States has a rich history of educational ties with African countries. The leaders of Ghana’s and Nigeria’s independence movements, Kwame Nkrumah and Nnamdi Azikwe, respectfully, studied in the United States in the 1930s. In the early 1960s, then Senator John F Kennedy and the State Department began financing air travel for the African scholarship recipients. The “Kennedy Airlifts” brought over 750 East Africans to North American universities, including President Barack Obama’s father. Many returned home upon completion of their studies to take up leadership positions in new governments and created the access and familiarity that many U.S. companies enjoy today in African markets.

While the US continues to welcome large numbers of African students, in 2014, China became the most popular destination for English-speaking African students, surpassing both the United States and United Kingdom. The rate at which China has increased the number of Africans studying within its borders is staggering: between 2000 and 2015, the figure grew from 2,000 to over 50,000. Chinese media recently reported this number to have increased to 60,000 in 2018.

Beijing achieved this remarkable surge in African students via high-level government commitments at summits such as the triennial Forum on China-Africa Cooperation (FOCAC). At the most recent FOCAC in September, China committed to offering 50,000 scholarships and 50,000 training opportunities for Africans over the next three years. African students, who often lack access to quality universities in their home countries or the means to attend, rapidly seize these opportunities. These students return home as part of a new crop of academics and elites with a more positive perception of China and Beijing’s actions on the world stage and a network of contacts in China.

Research indicates that China’s attempt to expand its soft power in the region is working. A 2016 report by Afrobarometer found that 63 percent of respondents from 36 countries held a positive view of China’s economic and political influence in their country. While part of China’s improving reception in Africa is likely a result of its large-scale infrastructure financing, greater educational opportunities is surely a factor.

US comparative advantage: Higher education

In the same Afrobarometer report, however, China ranked 2nd to the United States as the preferred model of national development. The U.S. still holds considerable soft power sway in African capitals and in the hearts and minds of the continent’s people.

Due to political and institutional constraints, Washington simply cannot match Beijing dollar-for-dollar in terms of financing infrastructure investment across the region. As the U.S. policymaking community calibrates its response to China’s increasing presence in Africa, it should focus on the American economy’s comparative advantages. Tertiary education is one of the clearest examples. Of the ten highest ranking universities in the world, eight are located in the United States. Students from around the globe continue to seek degrees from America’s prestigious higher education institutions. Even Chinese President Xi Jinping’s daughter attended an Ivy League university for her undergraduate studies.

And Africans deeply value education. Nigerians are one of the most-educated diaspora communities in the United States. A 2015 Migration Policy Institute study found that 37 percent of Nigerian immigrants in the U.S. have bachelor’s degrees, compared to 20 percent for the U.S. general population. Moreover, 29 percent of Nigerians in the U.S. have an advanced degree, in contrast to 11 percent of the general population.

There is incredible proven demand for American education and the U.S. should double down on the value of its tertiary education system and leverage it to cultivate stronger ties with Africa’s youth.

While policymakers are in the process of rolling out Washington’s overarching strategy for how to counter Beijing’s growing international influence, a new push on increasing African enrollment in U.S. educational institutions would nicely complement the recently established U.S. Development Finance Corporation. By building networks and shared values through educational access, Washington could help shape the worldview of tomorrow’s generation of African business and policy elites. It is a relatively low-cost investment that will likely pay significant dividends for decades to come.

Aubrey Hruby is co-founder of the Africa Expert Network and Senior Fellow at the Africa Center of the Atlantic Council.