The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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All the best, anthony. Cheers.
I knew there was something i really liked about you HS ! Sadly, only bottled versions of Bishop's Tipple, 49er , Abbot and 6X, unless braving the intemperate excess of al-fresco draught ! - Monday is another day and another week - yes, hurry up VOG !!
All the best
Here's another very clued-up woman:
https://www.conservativewoman.co.uk/a-doctors-plea-to-doctors-remember-the-hippocratic-oath/
'... To this end, I suggest we form a new World Health Organisation, a health organisation that represents interest and well-being of the people, not corporations and billionaires. An organisation focused on optimising human health and potential, not contraception and population control, but a people-centred organisation.
Never before has our role as doctors been more important because never before have we been complicit in potentially causing so much harm....'
perhaps pertinant to notes below? - shows link to China?
https://www.youtube.com/watch?v=-iFHmf0IRnk
Yes, quite sobering.
However, Friday, 5.30, is beer-time.
Good weekend all.
A very comprehensive precis there H.S. - a worrying thought
Notwithstanding its name and Channel Islands registration, New Age is a Chinese company:
Https://www.newafricanglobalenergy.com/directors/
Anthony, what is most chilling is the complicity and collusion of the West in all this, the liberal Left in particular, and the willingness to control our people using Chinese methods. Part of the agenda is that debts will be written off (both individual and States) on the acceptance of subservience, control, monitoring and restriction on movement. And if this agenda is not defeated soon, this could be the end of democracy as we know it, and capitalism; a return to serfdom for many. The agenda (which may include massive depopulation) is set for completion by 2030. By then, private shareholders may well be a thing of the past; though losing your money will be the least of your concerns. A year ago this would have been considered science fiction; now, imo it's worryingly plausible. I guess that gives us just 5 more years in which to make some serious money and buy protection or privilege. Come on, VOG!
There is a chilling aspect about this, a possible strategy. There is no such thing as a 'free lunch' Wasn't it Chairman Mao who, when asked if The French Revolution had been successful, replied "It's too early to say yet"
The authors certainly understand the relationship, calling China 'The Middle Empire' at the end, rather than the 'Middle Kingdom' earlier.
As of March 31, 2021, the debt to China stood at CFAF 1,931.2 billion, or 61.9% of bilateral debt and 28.2% of foreign debt. Thus Cameroon is in the pocket of China, and does what China wants. And what China wants is compliance with its global Covid policy (Note: the WHO is also in the pocket of China; the Johnson family and government also strongly connected).
"These highly laudable actions of the Chinese government are in line with the commitments made by the Chinese president on the occasion of the Beijing summit and the virtual extraordinary summit on solidarity in the fight against Covid-19" explains the Minepat.
If you really want to understand what is going on in world politics currently then I would listen to Naomi Wolf (an American feminist and once White House advisor) who has a good grasp of the real issues and alludes to them in this podcast:
http://delingpole.podbean.com/
You will own nothing and be happy.
https://www.investiraucameroun.com/economie/0605-16341-dons-annulations-de-creances-pekin-essaye-d-alleger-le-poids-de-sa-dette-sur-yaounde-mais-le-fardeau-reste-lourd
(Business in Cameroon) - The Minister of the Economy, Planning and Regional Development (Minepat) and the Chinese Ambassador to Cameroon signed two agreements on May 4. The first concerns a “donation without counterpart” of more than 25 billion FCFA. "This sum will make it possible to finance development projects to be identified by mutual agreement" , explained Alamine Ousmane Mey. The second agreement aims for "the cancellation of certain interest-free loans" for an amount of more than 10 billion FCFA. It is actually a regularization of a debt cancellation that took place in 2020.
"These highly laudable actions of the Chinese government are in line with the commitments made by the Chinese president on the occasion of the Beijing summit and the virtual extraordinary summit on solidarity in the fight against Covid-19", explains the Minepat . “These two signed documents are very important in relations between our two countries (…). They will support Cameroon's efforts to develop its economy and improve the standard of living of the population, ” Ambassador Wang Yingwu said.
These Chinese gestures come after others. Indeed, according to the Autonomous Amortization Fund (CAA), public debt manager, Beijing canceled, in 2019, debts of around CFAF 21 billion that Yaoundé should have settled in 2018. As recalled by Minister Alamine Ousmane Mey, the same year, the Middle Kingdom agreed to postpone, beyond 2022, the repayment of a debt of FCFA 148 billion due over the period July 2019-March 2022.
Debt service still high
In 2020, according to the CAA, China postponed the repayment of nearly CFAF 30 billion in debt, as part of the Debt Service Suspension Initiative (DSSI). By the end of March 2021, Beijing had already done the same for more than 15 billion in debts that should have been repaid this year. They will now be reimbursed from 2022 to 2025.
Despite all these initiatives, debt service owed to China continues to be Cameroon's highest, according to CAA figures. Yaoundé repaid 117 billion FCFA to Beijing in 2020, while the interest payment of the 2015 Eurobond, second on the list, is 38 billion. It should repay, according to the forecasts of the public debt manager, more than 166 billion in 2021, 229 billion in 2022 and 205.9 billion in 2023, or respectively 38.3, 37.5 and 28.4% of the total service. debt.
As of March 31, 2021, the debt to China stood at CFAF 1,931.2 billion, or 61.9% of bilateral debt and 28.2% of foreign debt. The 31 billion canceled debts therefore represent barely 1.6% of the stock of current debt owed to the Middle Empire.
Ludovic Amara and Aboudi Ottou