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Politics / Nigeria Is The Biggest Market For Guiness Worldwide. by away4real(m): 8:40pm On May 08, 2008 |
FT.com reports that "Nigeria has overtaken Ireland to be the biggest market for Guinness". On a lighter note, this is really funny considering that a large propotion of the population lives below the poverty line. So is it that few drink and drink well or that those that are considered below the poverty line use their $1 a day on Guiness. From a serious perspective, why do we take habits others are dropping the whole world is moving from Alcohol and Cigarettes, that is the exact direction we are taking up. While sales are dropping, it is rising in Nigeria. Am shocked even with the Binge drinking problems in the UK, we still consume more booze. http://www.ft.com/cms/s/0/b8706b32-1d1f-11dd-82ae-000077b07658.html Diageo will on Friday announce plans for restructuring its Irish Guinness business, which could include closing most of its historic brewing site in Dublin. The drinks group has been struggling with falling sales of Guinness in Ireland and the UK in recent years, and Paul Walsh, Diageo’s chief executive, has said the stout’s future lies outside Ireland and Britain. Nigeria has overtaken Ireland to be the biggest market for Guinness. Guinness has been made for nearly 250 years at the St James’s Gate brewery in Dublin, but rising property values have led Diageo to consider selling the site. Estimates put a value of up to €1bn (£787m) on the 56-acre Dublin site on the south quays of the river Liffey. The Dublin brewery produces some 500m litres of the stout every year, half of which is exported. Diageo may build a new brewery on a site at Balbriggan, north of Dublin, while keeping some activity at St James’s Gate as a tourist attraction. Diageo on Thursday said in a trading update that its sales were in line with expectations, with organic sales rising 7 per cent in the nine months to March 31. The company is sticking with its previous guidance of 9 per cent growth in full-year operating profits for the year to June 30. Analysts said the guidance showed Diageo remains confident of withstanding a downturn in consumer spending in the US, the world’s biggest spirits market. Diageo’s shares fell 14p to £10.28. |
Politics / Re: Why Are The Chinks In Africa? by away4real(m): 8:57pm On May 05, 2008 |
Kobojunkie: @ kobo, fair play, i admire your positivity, a lot of folks will do with that, but again that seems to be a common similarity (not problem) with us as a people, once it doesnt affect us we can't be bothered. Perhaps William Wilbeforce should have kept quiet in the parliament. First statement in bold unnecessary, last statement in bold tells a lot, we should all just runaway, afterall everyone is in your line of work. Please back to the thread enough of distraction, i was carried away with your wall street example, sincere apologies. |
Politics / Re: Why Are The Chinks In Africa? by away4real(m): 8:47pm On May 05, 2008 |
Kobojunkie: Well well well, my salvation really, your first year of employment, ok i understand where your views emanate from now. When its time to become an Executive Director in an investment bank please lets have this discussion. Am involved (in addition to my career) with an NGO that one of its main aim is to help ethnic minorities get into front office roles and negotiate for better working terms and equal opportunities for minorities in investment banks. Not only blacks but ethnic minorities, i live in a real and positive world, i observed a problem which i experienced when it was time to take on managerial roles and i did something about it, and helping younger ones. I might do with your help still, enjoy the early days of your career when it's time to take on serious roles (managerial responsibilities) in those institutions lets have this discussion. Just incase u want to know a trader in his first year of employments could get up to 100% as bonus (this yr is titled due to the credit crunch), do your research. Geez, how did this discussion deviate so much, |
Politics / Re: Why Are The Chinks In Africa? by away4real(m): 8:31pm On May 05, 2008 |
How simple it is to introduce race into a discussion. 15% bonus and you call that attractive, thats a joke, please look before u leep. My point is on earnings disparity, race could be a cause but not solely. I was correcting the implied notion that all is well on Wall Street for Africans. There are Journals out there (please go into JSTOR) that have analysed the earnings disparity and what should be done to address them, enjoy yourself earning 15% bonus. |
Politics / Re: Why Are The Chinks In Africa? by away4real(m): 8:18pm On May 05, 2008 |
Kobojunkie: Agreed you don't have to work in wall street, i was only considering the sub-set u chose i.e financial institutions in Wall Street. And to the second statement in bold, thats erroneous, middle office & back office (thats what its called) CANNOT. DOESNOT, WILL NOT have the potential to earn such bonuses. When you mean looking inside and not outside, please i don't understand. Be kind to expand. My point is that lets not be deceived, seeing Dark skinned folks on wall street is irrelevant compared to their earnings, you will be shocked at the disparity. |
Politics / Re: Why Are The Chinks In Africa? by away4real(m): 7:52pm On May 05, 2008 |
@ kobo When I say Wall Street, I am not talking of walking down that road. I am speaking of actually checking out many of the financial firms in that area. There are Africans all over the place. I just went over there on monday and was shocked to find mostly Africans and indians in many of the financial firms there. @ kobo may i ask you a question, doing particularly what in those financial firms. I dont intend to deviate this debate but i am amazed when people dont understand deeply how systems work, looking at things on the face of it. I agree there are loads of Africans in Investment Banks, but how many work in front office roles and earn the big bonuses. |
Politics / Re: Boycott British Airways - See What Happenned To Your Brother by away4real(m): 8:49pm On Apr 30, 2008 |
@ Kobo i quite appreciate your view and determination to be objective. I don't know of America, i live in England the truth is that the form of discrimination being practised now is latent (hidden). The govt has tried by putting the laws in place so it can't be obvious anymore. I am not saying this is a clear case of racism its difficult to prove (though i believe it is) but your direction of arguement that racial discrimination is little or non existant is so funny, i should move to America then. I have seen the police questioned seriously by white folks and all they do is leave them, please i have been on night outs that drunk white folks do all sorts and the police even drop some of them at thome. I have seen the same scenerio from minorities not necessarily blacks and they are arrested. The arguement is not so clear cut so we use percentages, the number of times it happens to a minority is way more than the number of times it will happen to a caucasian so draw the conclusion, meaning it can happen to a caucasian. Maybe because of our experiences our views are a bit unbiased, but hey thats what we have seen. Your examples of buses and trains are so out of place, I have been in national express stations where people are refused to travel or in mega buses where someone was asked to come down and a replacement bus called for, but in all this cases the person had acted unruly, violently, threathened fellow passengers and might have had to be physically restrained, so he was considered a risk to himself and other passengers. No one is asked to step down because he questioned a process, except BA can show that the guy acted violently or as you have been rightly shown if your unrelated case of Naomi Campbell assaulted a staff then the discrimination case holds. |
Religion / Re: Pastor Chris Oyakhilome: Interview/Comments by away4real(m): 7:53pm On Mar 03, 2008 |
@ sys thanks for your beautiful input on Miracles, you have said much more than your post. |
Religion / Re: Pastor Chris Oyakhilome: Interview/Comments by away4real(m): 4:11pm On Feb 29, 2008 |
4Him: @ 4Him and he doesnt hero worship, he only adores his pastor, since Pastor Chris has deposited so much in him not the Holy Spirit. Theres no way he can input Jesus cos its Pastor doing everything, Jesus is the one using pastor so no need to mention Jesus, mention the vessel and leave the Master. Such Wisdom. I really wonder how this has happened, when christains will be saying Pastor did this, he has taught us this, so what has the holy spirit done sorry i forgot he doesnt hero worship. |
Religion / Re: They've Started Again by away4real(m): 9:11pm On Feb 28, 2008 |
@ Horus, i hope you know Obama believes in God. So think again about supporting him oh? |
Religion / Re: Pastor Chris Oyakhilome: Interview/Comments by away4real(m): 8:50pm On Feb 28, 2008 |
Papa: I just couldnt help but laugh when i saw this, when did embassy start calling Rev. Chris "Daddy" ?? |
Religion / Re: Pastor Chris Oyakhilome: Interview/Comments by away4real(m): 8:38pm On Feb 28, 2008 |
bish2001: You know this issue is now all about pride. @ Papa please go to the Tunde Bakare thread where your bretheren (and mine in christ not embassy) implied Tunde Bakare was a lier, people had to show him that was just plain hypocricy. Secondly if you are busy decorating the church waiting for christ coming what are u doing here, u should be winning souls and laying hands on the sick. One thing i have realised with Embassy members is that you guys know little about the foundation of your ministry and not sound in instructions you guys get easily carried away by "so called" revealations. The only proof of salvation and true christainity to you guys is miracles , how sad.?? [/b] This thread was left alone for a while i don't know why it was resurrected, i think we should let issues be, the more u guys talk the more the imbalance is obvious. |
Religion / Re: Paula White: Without Walls Or Without God? by away4real(m): 11:14pm On Feb 26, 2008 |
@ 4Him, did you just come back from a personal retreat where u had a vision of hell |
Religion / Re: Paula White: Without Walls Or Without God? by away4real(m): 10:50pm On Feb 26, 2008 |
Tayo-D: Brotherly, nice1, its all good the attack is to edify us all, its been quite an interesting debate, thanks to u all, our goals are all the same. To your question, it is to restore fellowship, i already have a relationship. But i need that answer clear, will that person make heaven or not? |
Politics / Re: Enough Of This Obama Abeg This Is Naija by away4real(m): 10:33pm On Feb 26, 2008 |
@ kob, am sorry i couldnt be of help. But i still maintain the answer is obvious if you ask me, but u are not, (You know it, this is argument for arguement sake) |
Religion / Re: Paula White: Without Walls Or Without God? by away4real(m): 10:04pm On Feb 26, 2008 |
@ Tayo further to Jesoul arguements i have a question which applies to me. I am born again, spirit filled (now more like speak in tongues), i still engage in things i know is wrong, the spirit convicts me though and i ask for forgiveness. My question is will I make heaven if God forbids I die in a state when i have sinned and havent asked for forgiveness.?? Are you saying once born again always born again and straight to heaven. |
Politics / Re: Enough Of This Obama Abeg This Is Naija by away4real(m): 9:54pm On Feb 26, 2008 |
Kobojunkie: away4real: Look knock your head on the wall, , u getting all worked up unnecessarily, the answer is obvious. |
Politics / Re: Enough Of This Obama Abeg This Is Naija by away4real(m): 9:23pm On Feb 26, 2008 |
@ kob whatever makes you sleep at night mate. The answer is obvious. |
Politics / Re: Enough Of This Obama Abeg This Is Naija by away4real(m): 7:04pm On Feb 26, 2008 |
away4real: @ kob, i stated my arguement, which was never meant to be an answer to your obvious questions. If you still cant see it thers nothing i can do. Again when you use words such as "WE" in a debate u need to be a bit careful again i tried to correct this fallacy and Logic earlier. Let me rephrase "The notion that American policies has not directly affected Nigeria in the past so by extension Nigerians neednot bother about what goes on in the US, which is what this thread suggest is unintelligent and mentally lazy". |
Politics / Re: Enough Of This Obama Abeg This Is Naija by away4real(m): 5:39pm On Feb 26, 2008 |
@ Kobojunkie, no issues mate on personalities and attacks, its an online forum. 1. I didnt say the subprime was a govt policy. You can read my statement again.It was an attempt to show that not only policies but as u clearly stated bad investment decisions of Americans affects the entire world. 2. If the current tarrif structure is favourable to Nigeria, therein lies your answer a US president can change that and that will affect the average business man wishing to export. I didnt say again that the current trade structure is against Nigeria. 3. The American policies will directly affect and impact AMERICA but certain policies foreign policies, terms of trade will affect others around the world Nigeria inclusive. Kobojunkie: Mr arguement is not that American policies affect Nigeria directly, but that the decision of whoever is in the white house has an impact on the world (Nigeria inclusive), can i ask you to look outside the box. The interest in American politics is not about how much Naira is/can be transferred to a Nigerian, but how the politics affects our being a member in the Global village. Its about inter-dependencies here and not dependencies. I dont see the disadvantages of being aware of what goes on in the US, it doesnt remove the fact that we should discuss Nigerian issues which is still done in large numbers on this forum. The notion that American policies does not affect the common man on the streets in Nigeria so by extension Nigerians neednt bother about what goes on in the US, which is what this thread suggest is unintelligent and mentally lazy. |
Politics / Re: Enough Of This Obama Abeg This Is Naija by away4real(m): 4:41pm On Feb 26, 2008 |
Kobojunkie: @ Kobojunkie, i don't want to use the word naive but thats exactly how you sound and what you are implying "is pretty hard to swallow" , am sure u know where that came from. In a nutshell its not even Nigeria the US had a subprime problem and the whole "WORLD" is affected. The average man gist is where i don't get it, how does policies affects the man on the street answer the effect trikkles down. The decision of the US president bringing it home lets take terms of trade for eg which someone mentioned thats a good example, if the embargo's and Tariff structures are more favourable Nigerians (average business man) would be able to export to the US at a price that would be competitive to when compared to a US produced goods. The problem is that Nigerians are not used to the funfair and transparency, we say whats the big deal and all the noise as someone suggested spare us this debate and switch or change channels when its on afterall the US is not important to the average man. |
Politics / Re: Obama Tko Clinton Again by away4real(m): 10:03pm On Feb 20, 2008 |
Iyke-D: The truth is that McCain stands for more aggressive US foreign Policy, more tax cuts to the rich (disastrous economic policy) and the rest is just BUSH policies. I find it funny when republicans accuse Obama of politics, McCain is keeping a long and far distance to Bush because of his approval rating but needs him for fund raising, what other political deception can he play. Hillary and OBAMA have the same core message but Hillary can't bring about the change in the way things are done because she is compromised and divisive, she will continue the same Dems vs Republican approach. She can't stand up to lobbyst because her campaign was funded by them, she is part of the old school that experience gets the job done, geez such crap. I find it distasteful when people say OBAMA has no substance just because they chose not to enlighten themselves. They say they can't idenify the Change and his supporters are emotional, thats just Sour Grapes of loosers. Let the contest go his way, i will gladly enlighten Nairaland on the CHANGE WE BELIEVE IN Philosophy. Its not just words, i read it from the website they all condem, because they can't take the pain to read and understand issues. OBAMA would be different from Hillary (CHANGE) in his approach because he has not yet been compromised (hopefully). His campaign is funded by his followers (so called movement), his policy approach (though same in content) is different from Hillary. He wants an all inclusive approach and has said more young people involved, republicans and democrats with the ideas get involved. If thats not CHANGE, please i don't know what is? |
Politics / Re: Obama Tko Clinton Again by away4real(m): 9:38pm On Feb 20, 2008 |
@ tayo let me attempt to show you the economic implication of your tax cuts. The reason for the support of the current bush tax cut is because of the current situation of the economy, consumer confidence is at an all time low so to avoid the economy going into a recession aggregate demand has to be stimulated and one way of doing this is cutting taxes. The paradox is that more money has its problems as well which is inflation but in this situation since the risk is recession, lowering taxes could be a useful fiscal policy. Now back to why i asked the differences if any between the 2 tax cuts, i was actually referring to the economic pecularities surrounding both as it is usually a lay mans arguement that tax cut is good since it puts more money on the table. The Implications on a macro level is not as simple. http://www.nytimes.com/2007/01/08/washington/08tax.html?_r=1&oref=slogin I read this article a whileago and had it as a favourite read it, the introduction is shown below. "Families earning more than $1 million a year saw their federal tax rates drop more sharply than any group in the country as a result of President Bush’s tax cuts, according to a new Congressional study. Skip to next paragraph The study, by the nonpartisan Congressional Budget Office, also shows that tax rates for middle-income earners edged up in 2004, the most recent year for which data was available, while rates for people at the very top continued to decline. , Based on an exhaustive analysis of tax records and census data, the study reinforced the sense that while Mr. Bush’s tax cuts reduced rates for people at every income level, they offered the biggest benefits by far to people at the very top — especially the top 1 percent of income earners. Though tax cuts for the rich were bigger than those for other groups, the wealthiest families paid a bigger share of total taxes. That is because their incomes have climbed far more rapidly, and the gap between rich and poor has widened in the last several years." See the fraud highlighted above, the average marginal tax rate for the middle class increases while that of the rich reduces. This is one of the change Obama is talking about, no one is TOTALLY against tax cuts but when the bulk of the income gain is by a certain income bracket, the stimulation to the economy is non-existant. Obama proposes tax cuts that will put more disposable income in the pockets of the middle class, the working America and less to the extremely rich. Secondly he proposes incentives to companies that will grow and build the American Market against those that take jobs abroad (this is another arguement). Furthermore, the most ridicolous aspect of Bush is that in a time of war, the bush govt has kept on reducing taxes from the $1.6 trillion tax cut to this (which as i have shown above is different), the effect is that you have rising Government Expenditure, but reducing Revenue/Income, the effect is you start driving the level of budget deficit so high it can't be sustained, it is at level almost 4% of GDP (almost), that my friend is an economic disaster. Finally the effect of this can be seen on the US exchange rate, interest rate and Inflation, the credit crunch has helped distort the analysis hence its not that simple but on the average the tax cuts has led to economic slow down, i really don't see the wisdonm in that. Now this is my debate, First, OBAMA is a complete change from BUSH, the tax gain from any cut would be higher for the middle income than the high income. BUSH and by extension republicans seek to protect the interest of the rich through aggressive tax cuts that give the little top 1% more, that are damaging to the economy as a whole. |
Politics / Re: Obama Tko Clinton Again by away4real(m): 7:59pm On Feb 20, 2008 |
Tayo-D: @ tayo, let me start by asking you a small question, what is the difference if any between the recent tax incentives and the tax breaks previously granted by Bush. |
Politics / Re: Obama Tko Clinton Again by away4real(m): 7:27pm On Feb 20, 2008 |
almondjoy: Good that you have got beyond that stage, i on the other hand am happy where i am, i am a democratic (Hillary or Obama) thats because of the underlying ideology, i will support Hillary if shes nominated because i knw what the Democrats stand for, pros and cons and the effect particularly on the macro economy. Now i know more why i support Obama, the more i listen to Obama critics the more i know why hes different. Being bored with policies, thats the reason for the rhetorics, change and all. You can join the debate in July at that stage it gets to Democrats vs Republican, i already know where i stand already. |
Politics / Re: Obama Tko Clinton Again by away4real(m): 7:03pm On Feb 20, 2008 |
4 Play: 4Him: The same bias and sentiments across board on Obama, to me theres no point. All the candidates have the same wait and see element because they have never been president before. The fact that Hillary or McCain have been around suggest little of their abilities as commander in chief with the power to veto, the best we all have is a mere extrapolation. Obama has also been in the state assembly working albeit grass root so whats the issue of a wait and see element. Its the same thing across board. @ almond call it sentiments and emotions, i agree thats what it is. You lay hold to your analytical tendencies drawing on the analysis of others but therein lies the risk of distortion. You need to look inside you, at times the analysis/evidence are at variance with what we see and this is one of those situations, the analysis from the begining didnt give Obama a chance, though we know the battle is far from over coming this far is a victory in itself, even if HRC wins tomorrow, its a victory for Obama. I know Obama is imperfect and will make mistakes, there is no wait and see, he will make mistakes, but hey has said so already whats new, Hillary and McCain would want us to think they are infalliable, Mr and Mrs perfect from day one. 4 Play: @ 4play Which joke are u on about, referring to a website. Not every numpty can do that if not America wont be at war. Your statement on preinternet age is at best laughable, i have sought to stay away from issues with people like u (apologies) becos its pointless, Obama and Clinton have almost the same policies with slight variations, the core content is the same Democratic policies on taxation, immigration, the economy name it, for McCain its Republican policies never changing so i really dont understand except the people calling for it dont understand the party ideologies. If you want us to talk policies i would rather do that along party ideological lines cos the core contents of each remains the same. |
Politics / Re: Obama Tko Clinton Again by away4real(m): 5:03pm On Feb 20, 2008 |
@ almond if you want the full details you will have to read the policy papers in the link provided by Mckren. I have read your comments and i should call you "Obama girl", you echo exactly what Obama says and stands for. The problem with trying to put details and specifics in a speech or debate is the time constraint and the ability to keep your audience engaged and not bore them. I was particulary impressed by Obama's 40 minute speech but i could tell it wasnt easy, he tried to ensure the audience was engaged. In a debate you are given few minutes to respond to a question, the issues you mentioned are not 5-10 minutes answers, the policy papers are like a PhD thesis. Thats why to me Obama is attractive, its not in the policy papers or so called solutions but in the political will of a candidate and another plus for Obama is the ability to inspire and motivate, co-ordinate and bring people together. Its leadership qualities that the American electorates should be concerned about. There are economist and political scientist in Harvad/Yale that have the answers and empirically proven solution,leave the issues to the technocrats. The presidents job is the ability to bring them all together, and choose the right mix of solutions not a lobbyst solution, Obama has that. Hillary and McCain just don't have it. |
Politics / Re: Super Tuesday by away4real(m): 7:36pm On Feb 11, 2008 |
I hereby declare AJ the official Obama Girl on Naira land. Sweetie its not easy being an Obama Girl, a lot is expected of u, so please dont let us down, |
Politics / Re: Super Tuesday by away4real(m): 4:14am On Feb 11, 2008 |
4 Play: Am sorry just had to comment, inaccurate facts thats y i can't get into a debate with u. Hillary wanted weekly debates because she was out of cash and couldnt keep up with the ads cost, this was a strategy her campaign came up with to remain visible at low cost not because Obama was afraid, Y shld he help his opponent when he identified a weakness, enlighten yourself. If u dislike Obama so much its okay don't misrepresent issues like u are really informed. I promise i zoom of now, |
Politics / Re: Super Tuesday by away4real(m): 4:01am On Feb 11, 2008 |
4 Play: I cant attempt to get into that, it would be like teaching a primary 1 student integral calculus. My lips are sealed, u are so right. I will spare u, enjoy listening to yourself, i zoom off |
Culture / Re: Facts To Prove That Ibos Originate From Egypt? by away4real(m): 3:51am On Feb 11, 2008 |
Absolute crap. |
Politics / Re: Super Tuesday by away4real(m): 3:44am On Feb 11, 2008 |
4 Play: Okay u are right, Obama has no policy on any major issues, all those supporting him are blind and cant see anything, only u. You are just so right and so know it all. Rupublican wanna be, knows all the big names and inaccurate stats. 4Him: Leave him in peace. 4him did u hear Obama speech a few minutes ago, on why he is running for president. |
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