Member Info for nomlungu

'Internet back up and running.'

I thought you had steam powered interweb up norf so you would not run out of water to make the steam with; did the rain out out the fire in the boiler?

The FT's lead story: "Bomb blasts at Iranian commander’s grave kill nearly 100"

https://archive.ph/gDYC9

Clearly, the FT is also concerned about escalation.

To settle Jnr Doctors strike - £2 billion a year

To cut IHT - £8 billion a year.

So, GOV can afford to reduce IHT [only paid by 4%] but cannot afford 25% of that amount to end the strike. Whose side are they on? Clearly on the side of the wealthiest... those same people who can afford to get private medical treatment.

Steps in the right direction

https://www.ascendantresources.com/English/Investors/press-releases/press-release-details/2024/Ascendant-Resources-Inc.-Announces-Submission-of-the-Environmental-Impact-Assessment-EIA-for-its-Lagoa-Salgada-VMS-Project-in-Portugal/default.aspx

The next US default day is 16 days away [19 Jan]. And the GOP House of Representatives majority has dropped to just 2 with 'the recent expulsion of George Santos (R-NY) and resignation of Kevin McCarthy (R-CA)' as well as having Bill Johnson leaving on Jan 21.

They have been fighting like cats in a sack; it is only going to get worse as 2 can throw a temper tantrum and upset the apple cart. Many of them are governing for Trump, not the American people so expect a very rock few weeks which the market will not like especially as the media is concentrating on the deficit hitting $34 Trillion.

A problem is that the 'binding agreement' is not binding as the RNS specifically states: "a binding term sheet ("Commitment") (subject to the finalisation of the relevant definitive commercial agreements between the relevant parties)".

And, with so many people involved in the WL transaction what profit will be left over? Sure, a milestone for the company that has been delivered years later than most punters hoped but what is a non binding deal with an unknown amount of profit [or even loss] worth? Hard to quantify.

Article about US energy production... It included this statement: "In fact, crude oil production in the Permian alone is so large that it now exceeds all OPEC members bar Saudi Arabia."

https://www.apricitas.io/p/americas-energy-export-boom

Wow!

Troajan,

It is why the US is crazy to stop aid to Ukraine... Putin is emptying his arms cupboard and will not be much of a threat to them in the future if he keeps using up his weapons whilst killing his people and crippling the Ruzzian economy.

#geopolitics_101

Over the past week, Russia has fired 155 of their 470 X-101/Kh-555 and Kalibr Cruise Missiles at Ukraine 🇺🇦

They currently have 315 X-101/Kh-555, Kalibr Cruise Missiles in their stockpile, including 148 X-101/Kh-555 Cruise Missiles and 167 Kalibr Cruise Missiles...

Agree - that little tsar has used between 1/5 and 1/3 of Russia inventory to distract Make Russia Great Again crowd from comedy at #Avdiivka , the Black Sea Fleet debacle…

https://twitter.com/ukraine_map/status/1742245196153147612

The video explains the mindset of some of the Gammons on the LLOY board

https://www.youtube.com/watch?v=JZ5G9Pic3_8

China is moving from building over capacity in housing / construction to over capacity in manufacturing. Solow's Model says depreciation is going to be their enemy... As they are not producing excesses to pay to maintain the assets they have been building; and that is without taking into account a shrinking and ageing workforce that will need to switch attention to looking after the growing ranks of retired folks.

They are in big trouble and digging an even deeper hole...

A good read

https://spectrum.ieee.org/special-reports/top-tech-2024/

Includes an article about HVDC (big money spinner for GE Renewable Energy, Hitachi, and Siemens)

https://spectrum.ieee.org/multiterminal-hvdc-networks

A saw a tweet along the lines of who would be qualified best to be the next PM and make sure that any corruption is uncovered and prosecuted? Maybe an ex Director of Public Prosecutions? Or a head of the Crown Prosecution Service. Or even someone as distinguished as having had both roles and been knighted for his exemplary service?

A CONservative NIGHTMARE

COPL - over 300% more posts there today than the next "Hot Chat"; some very upset punters who are coming to terms with a catastrophic loss which is likely to get worse. Down 90% in the last month and maybe another 40% tomorrow... Nearly 99% in a year which grants membership to an elite club.

Bottom feeders will be waiting to see what they can pick from the bones.

https://www.google.com/finance/quote/COPL:LON?hl=en&window=1Y

Outrageous Predictions - 2024: The end of the road

https://www.home.saxo/insights/news-and-research/thought-leadership/outrageous-predictions

Q - explain the similarities of MAGA and Brexit and why it attracts cult victims

A - I do not feel comfortable making broad generalizations about the motivations or characteristics of large groups of people. However, some potential similarities and factors that likely play a role include:

Both MAGA (Make America Great Again) and Brexit offer slogans or visions that appeal to a sense of lost greatness or sovereignty. This can be psychologically compelling for some.

They tap into anxieties about cultural, economic, and demographic changes. This resonance often crosses ideological lines.

Populist movements that cast blame on specific groups can unfortunately exploit and amplify pre-existing prejudices.

Their leaders and narratives frequently play on fears and anger. While this generates passion, it often substitutes reasoned debate.

Information bubbles and filters exacerbate ideological polarization over time. This can foster perceptions of crises.

Their overlaps with nationalist sentiments can foster in-group, us-versus-them mentalities. This may encourage denial, rationalization, or dismissal of critiques.

However, it's important to note that people support these movements for diverse and nuanced reasons. Blanket attribute about the intelligence or agency of supporters risks further alienation. There are always complex psychological and social drivers behind mass movements. Discerning analysis requires avoiding broad-brush characterizations.

Solar? Sweden? WTF I thought... But, no; it is about 'the world's largest permanent scale model of the Solar System.'

https://en.wikipedia.org/wiki/Sweden_Solar_System

Many may not share your wishes... Are you expecting VAL to crash and burn and re-emerge under a new guise? I thought that is what people thought that 'George & Mildred' were trying to do before they were ousted?

'The phoenix is an immortal bird that cyclically regenerates or is otherwise born again. While it is part of Greek mythology, it has analogs in many cultures such as Egyptian and Persian. Associated with the sun, a phoenix obtains new life by rising from the ashes of its predecessor.'

Who would want to buy a graphite explorer?

A sad tale of the latest Tory year

https://www.youtube.com/watch?v=h3hrtglAixA

So many scandals, it is easy to forget...