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Politics / Re: Saudi Arabia Considers Accepting Yuan Instead Of Dollars For Chinese Oil Sales by GodHatesBigots(m): 6:12pm On Mar 15, 2022
WarriAproko:
USA go hear weeen

If the dollar crashes, Nigeria is finished.

4 Likes

Politics / Re: Terrorists Killed As NAF Shells Katsina Bandit Leader’s Wedding by GodHatesBigots(m): 5:50pm On Mar 15, 2022
Idiots, so they must have killed innocent women and children. sad

1 Like

Foreign Affairs / Re: The United States Always Late To War And Always The Winning Decider by GodHatesBigots(m): 5:47pm On Mar 15, 2022
foryourmindlol:

Taa. Nuclear radiation will wipe everything. Smoke, ash and debris will cover the whole atmosphere and darkness and cold will swallow the whole world.


But then even if Africa is spared, just like animals living in the wild, there will be no progress. Just eating food, fucking and stealing money.

Just like today ?? grin grin

1 Like

Foreign Affairs / Re: The United States Always Late To War And Always The Winning Decider by GodHatesBigots(m): 5:46pm On Mar 15, 2022
heniford2:
Africa will be spared and Africa will inmarch undecided in global power

joker

1 Like

Foreign Affairs / Re: Russian Invasion: 20,000 Feared Dead In Mariupol by GodHatesBigots(m): 5:16pm On Mar 15, 2022
SarkinYarki:

Is my village trying to join NATO? cheesy

Please allow Russia invade all the soverign countries that want to join NATO or maybe allow Fulani herdsmen take over you land, resources and wives. How would you like that ? Exactly !
Foreign Affairs / Re: Russian Invasion: 20,000 Feared Dead In Mariupol by GodHatesBigots(m): 5:15pm On Mar 15, 2022
WATCHOVER:

There is nothing like weakness here what is stopping almighty glorified NATO from also killing Russia Civilians. From this war I now know that Zelensky is an Id*iot, you say one thing today, you talk another tomorrow, after talking nonsense you still want Russia to agree terms with YOU. Zelensky, Joe Biden, UK prime Minister should be stoned by their people

An idiot and a coward is the one who surrenders his country of 44 million to a belligerent country who wants to take over their land and resources.

NATO has rules, if Putin has big balls, let him extend the war into NATO territory and you will witness the destruction of his useless weak army just before we all die from a nuclear holocaust.
Foreign Affairs / Re: Russian Invasion: 20,000 Feared Dead In Mariupol by GodHatesBigots(m): 3:31pm On Mar 15, 2022
Kingpin1000:
This man was telling Russian soldiers to surrender. Like can a man winning a battle surrender?
This man is a clown and should go back and agree to the terms of Russia and let peace reign.
Ukraine can only result to guerilla combat for now.
If this war continues I think Putin will become desperate and the civilians will suffer because Zelensky and his family are well secured in a bunker and will be the first to leave Ukraine if the Russians go ballistics

So, what should he do? Surrender his independent & sovereign country to Russia?
Foreign Affairs / Re: Russian Invasion: 20,000 Feared Dead In Mariupol by GodHatesBigots(m): 3:29pm On Mar 15, 2022
chuka5000:


The link is there and a screenshot of the headline
Incase u missed it
See am here again

https://www.independent.co.uk/news/world/europe/ukraine-russia-war-latest-putin-zelensky-china-nato-b2035896.html

Western propaganda cool

1 Like

Foreign Affairs / Re: Russian Invasion: 20,000 Feared Dead In Mariupol by GodHatesBigots(m): 3:29pm On Mar 15, 2022
SarkinYarki:


Grow up man and stop being emotional,

Its a prayer ? Don't attack me man grin
Foreign Affairs / Re: Russian Invasion: 20,000 Feared Dead In Mariupol by GodHatesBigots(m): 3:27pm On Mar 15, 2022
tit:
Zelenski said they want to be like Stalingrad.
He is happy now.
When Kiev is levelled he will be joyful


2,500 is sad, but the overrated Russian army has lost over 12,000 soldiers in just 3 weeks. Bombing civilians is a sign of weakness and the more they kill civilians the harsher the sanctions tilll the Russian economy collapses.

1 Like

Foreign Affairs / Re: Russian Invasion: 20,000 Feared Dead In Mariupol by GodHatesBigots(m): 3:26pm On Mar 15, 2022
SarkinYarki:
Anybody in Mariupol at this point is a combatant, there was a 3 day corridor created for non combatants to leave

I pray that another nation or tribe invades and occupies your state/town/village. AMEN cool
Foreign Affairs / Re: Russian Invasion: 20,000 Feared Dead In Mariupol by GodHatesBigots(m): 3:24pm On Mar 15, 2022
Liar.

It is 2,500 not 20,000. Stop posting fake news.

"Ukrainian authorities ave said as many as 2,500 civilians have died so far in the city, a toll that cannot be independently confirmed. Russia has denied targeting civilians."

https://www.aljazeera.com/news/2022/3/14/ukraine-russia-war-mariupol-evacuation-convoy

1 Like

Travel / Re: Immigration Kicks As Nigerian Passport Ranks Below Niger, Chad, Others by GodHatesBigots(m): 2:40pm On Mar 15, 2022
Chad ?? LMAO - African Super Powerless grin grin

31 Likes 1 Share

Foreign Affairs / Russia Is Spiraling Toward A $150 Billion Default Nightmare by GodHatesBigots(m): 2:34pm On Mar 15, 2022
(Bloomberg) -- Russia’s economy is fraying, its currency has collapsed, and its debt is junk. Next up is a potential default that could cost investors billions and shut the country out of most funding markets.

Warning lights are flashing as the government kickstarts the process of paying $117 million in interest on dollar bonds Wednesday, a key moment for debt holders who’ve already seen the value of their investments plunge since Russia invaded Ukraine last month.

The government says that all debt will be serviced, though it will happen in rubles as long as sanctions — imposed because of the war — don’t allow dollar settlements. Failure to pay, or paying in local currency instead of dollars, would start the clock ticking on a potential wave of defaults on about $150 billion in foreign-currency debt owed by both the government and Russian companies including Gazprom, Lukoil and Sberbank.

Such an event will revive memories of previous crises, including Russia in 1998, when it defaulted on some ruble-denominated debt, and Argentina three years later.

Signs of looming financial damage are becoming apparent at many of the world's biggest money managers, including BlackRock Inc. and Pacific Investment Management Co. But it’s not likely to be limited to these giant funds. Because much of Russia’s debt was rated investment grade just weeks ago, the securities were pervasive across global fixed-income portfolios and benchmarks, meaning the impact could ripple across pension funds, endowments and foundations.

“This will be a monumental default,” said Jonathan Prin, a portfolio manager at Greylock Capital Associates. “In dollar terms, it will be the most impactful emerging-market default since Argentina’s. In terms of broader market impact, it’s probably the most broadly felt emerging-market default since Russia itself in 1998.”

Russia is already a commercial pariah, crippled by sanctions and the exodus of foreign firms such as Coca-Cola Co. and Volkswagen AG since the war started. The government has responded with capital controls, restricting outflows of money to protect the economy and the ruble.

Businesses and households are facing a double-digit economic slump and inflation accelerating toward 20%. About half of the country’s foreign-exchange reserves — some $300 billion — have been frozen, according to the finance minister. Regardless of the Kremlin's policy on foreign debt payments, companies will find it harder to service their obligations as falling demand hits sales and profits.

Because of the sanctions, and various decrees Russia introduced in response, a default appears all-but inevitable. Swaps markets put about a 70% chance on it happening this year. Fitch Ratings says it’s “imminent.” Indicative pricing on the country’s bonds values some of them near 20 cents on the dollar. Just days before the invasion, those same notes traded above par.

In addition to bonds crumbling to distressed levels, the conflict has left its mark on multiple markets. The ruble has plunged about 35% against the dollar this year, and local stock trading has been shut for two weeks.

Russia’s late-1990s default was on domestic debt, so a foreign-currency default would be the first since the aftermath of the 1917 Revolution, when the Bolsheviks refused to recognize the czar’s debts.

On Monday, Russia’s Finance Ministry issued an order to pay the $117 million, although it didn’t specify the currency. Using rubles isn’t an option for this week’s coupons, based on the terms of those bonds.

If Russia doesn’t meet its obligations, there’s technically a 30-day grace period that gives it until April 15 to make good.

An official default declaration could also kick off claims on credit default swaps, insurance-like instruments designed to cover losses if a country or company fails to meet its debt obligations.

Will Russia Bonds Default? There’s Debate About That: QuickTake

According to Siobhan Morden, a fixed-income strategist at Amherst Pierpont, Russia’s dramatic, and sudden, plunge from investment-grade to a financial no-go area will worsen losses for debt holders.

“When a default is a slow train wreck due to policy mismanagement, you can reduce the economic impact and contain losses by gradually selling assets,” she said. “What makes this unique is this is a very sudden shock that catches everyone off guard.”

At Franklin Resources Inc., one fund marked down its Russia bond holdings by more than half to $194 million as of Feb. 28. BlackRock funds exposed to Russia fell by more than 90% after the invasion, and clients now have less than $1 billion invested, down from about $18 billion at the end of January. The decline probably reflects a range of factors, from writedowns to client redemptions since the war began.

Others with major exposure to Russia include Ashmore Group, an emerging-markets specialist, while Capital Group and Fidelity are among the top holders of Russia’s dollar bonds, according to data compiled by Bloomberg.

About $120 billion of the current outstanding government and company debt is denominated in dollars, with the bulk of the remainder in euros, according to data compiled by Bloomberg. Roughly $25 billion was issued by Gazprom, the state-owned natural-gas giant.

While the debt is substantial, it’s probably not enough to cause a systemic problem for financial markets. That’s the view of International Monetary Fund Managing Director Kristalina Georgieva, who said last weekend that banks’ exposure is “not systemically relevant.”

A handful of the sovereign eurobonds do have contractual language allowing payments in local currency, and some companies issued their debt via foreign subsidiaries and have dollars offshore. Yet there’s still huge uncertainty, especially as clearing houses including Clearstream and Euroclear have stopped accepting the ruble as a settlement currency and have barred Russian entities from most transactions.

If bondholders don't get paid in dollars on Wednesday, it would be the start of a very long, complicated process. History is an imperfect guide, but according to World Bank Chief Economist Carmen Reinhart, Russia already holds the record for the longest time between a default and some form of resolution with creditors, the near seven-decade gap to 1986.

As for Russian companies, even before a single one misses a payment on its obligations, another challenge is emerging: finding lawyers and advisers willing to take their business. Last week, JPMorgan Chase & Co. declined to advise search engine Yandex NV on a potential debt restructuring.

In the meantime, multiple deadlines are looming. Steel and mining company Severstal has a coupon due Wednesday, and both Evraz and Tinkoff Bank have interest payments due Sunday. Gazprom has payments next week, with issuers including Sibur and Polyus to follow.

Creditors of companies that fail to pay their debts will likely have limited recourse in the near term, according to Tuck Hardie, a managing director in Houlihan Lokey’s financial restructuring group.

“As a practical matter, people may have to just stare at each other for a little bit,” Hardie said. “If the business is located in Russian sovereign territory, you can’t go after its assets. If it’s not, you might see the companies proactively file for court protection to prevent foreclosures, or you might see them enter into forbearance arrangements with debtholders.”

Lee Buchheit, one of the world’s most prominent debt-restructuring experts, says investors should get ready for a long haul. He suggests creditors may also be particularly tough with Russia for moral, as well as financial, reasons.

“There is nearly universal support for Ukraine, even among normally hard-bitten institutional investors. Some of those investors might want to strike a blow for the cause,” said Buchheit. “One way to do that would be to vote to accelerate Russian external bonds once the grace periods run out and pursue legal enforcement of the instruments. I would not be surprised if some bondholders decide to do this with greater alacrity than we normally see following a sovereign bond default.”

http:///yvlpuz

Foreign Affairs / Inside Kremlin Chaos Amid 'cracks In Putin Regime' As Ukraine Invastion Falters by GodHatesBigots(m): 5:20pm On Mar 14, 2022
Russia has so far lost a number of Russian generals, with General Andrei Kolesnikov, of the 29th Combined Arms Army, killed in fighting on Friday - a top Putin's ally has admitted the war is progressing slower than expected

The Kremlin is said to have been thrown into chaos following a number of blows to Vladimir Putin's regime, as the planned invasion of Ukraine slows.

Putin is reported to be furious at the Russian failures so far but the Kremlin has denied asking China for weapons to help.

The invading forces have scarcely moved in recent days and the Russian attack is now mostly focused on intense shelling and airstrikes.

Efforts to assassinate Ukraine president Volodymyr Zelensky have failed with a 'hit squad' sent into Kyiv reported to have been thwarted by double agents.

Russia has so far lost a number of Russian generals, with General Andrei Kolesnikov, of the 29th Combined Arms Army, killed in fighting on Friday.


Russian generals killed in battle

Kolesnikov was one of 20 major Russian generals who were believed to be leading the Ukraine invasion that has been riddled with tactical errors, according to Western officials.

His death will be a blow to Vladimir Putin and the Kremlin who maintains the invasion is continuing to go to plan. They still refuse to call the conflict a 'war'.

Kolesnikov’s death follows the killing of Major General Vitaly Gerasimov, chief of staff of the 41st Army, who died outside Kharkiv.

Follow our live blog for all the latest updates on the war in Ukraine here

While Major-General Andrey Sukhovetsky, a top paratrooper in Vladimir Putin's invading forces, is alleged to have been killed by a sniper during a special operation in Ukraine.

Sukhovetsky was the first general to die, withPutin confirming his death in a speech eight days into the invasion.

Christo Grozev, executive director of investigative journalism outlet Bellingcat, said that confirmation of his death would be a “major demotivator” for Russian troops.

Sukhovetsky had reportedly been decorated for his role in annexing Crimea and Russian paper Pravda and graduated from Airborne Command School in 1995.

Ukraine's defence ministry said that Gerasimov was killed outside the eastern city of Kharkiv, along with other senior officers.

The deaths of Russian generals comes after reports a Kremlin spy chief and his deputy haven been placed under house arrest by Putin - who is reportedly blaming his security services for setbacks in the invasion of Ukraine.
Arrest of FSB intelligence head

Sergey Beseda, head of the Federal Security Branch, Russia's intelligence branch, was arrested along with his deputy, Anatoly Bolyukh, an expert claimed.

Vladimir Osechkin, an exiled Russian human rights activist also confirmed the arrests.

It comes after Russia finally admitted losing its first senior military intelligence officer during the war with Ukraine.

GRU spy Captain Alexey Glushchak died in the carnage in the Ukrainian port of Mariupol, although his country has given no details of how he was killed.

"Due to the strict secrecy of the military operation, the circumstances of the death of the Tyumen hero are not disclosed," a statement read.
Russian President Vladimir Putin has maintained the invasion is going to plan

Putin could be 'toppled in coup'

Putin could face the threat of being toppled by his own officers and generals, a journalist claimed.

Andrei Soldatov, a leading Russian investigative journalist, told Channel 4 News that "everything now seems to be possible" when asked if the Kremlin leader, a former FSB agent himself, could be deposed by his own men.

In the wake of the invasion, there have been reports that Putin was told by the FSB security service, the successor to the KGB, that Ukraine would capitulate easily and give up.

Matt Frei of Channel 4 News asked Mr Soldatov: “Is it possible that some senior generals, especially the ones who are on the front here, perhaps together with some disgruntled officers in the FSB, could turn against Putin to try and dislodge him?”

In response he said: "Obviously, everything now seems to be possible, but we need to remember that Putin is a trained KGB officer.

"He is well aware of risks to his personal security and safety and he has not one but two security services.
At least 12,000 Russian troops killed - and slow advances

While chaos appears to escalate within the Kremlin, Ukraine’s Armed Forces estimated that approximately 12, 000 Russian troops have been killed, a staggering 303 tanks, 48 warplanes, 80 helicopters and over 1,000 armoured personnel carriers.

It comes as the head of Russia’s National Guard has said that Moscow’s military operation in Ukraine is not going as quickly as the Kremlin had wanted, in the strongest public acknowledgement yet that the invasion is not going to plan.

Viktor Zolotov blamed the slower-than-expected progress on what he said were far-right Ukrainian forces hiding behind civilians, an accusation repeatedly made by officials in Russia.

"I would like to say that yes, not everything is going as fast as we would like," Mr Zolotov said in comments posted on the National Guard's website.

Those comments appeared to be at odds with an assessment made on Friday by Russia's Defence Minister Sergei Shoigu, who told Putin that "everything is going according to plan".

A column of Russian forces approaching Kyiv are now about 15 miles from the Ukrainian capital, the UK’s Ministry of Defence said this weekend.

Earlier, it was reported the Ukrainian army reportedly wiped out Russian armoured vehicles and a command centre.

Drone footage appears to show rockets being fired at armoured vehicles in the city of Mariupol - where Russian forces last destroyed a children's hospital in an airstrike.

The aerial footage shared on social media appears to shows a BTR-82 APC and KamAZ-63968 'Typhoon' vehicle being targeted successfully.

Military sources on the ground have told the Mirror

Crime / Re: Igbo Culture Of Wild Spread Criminality And Drug Trafficking Menace by GodHatesBigots(m): 2:53pm On Mar 14, 2022
Tingotoe:
Just because your ethnic group form the majority of Nigerian criminals abroad doesn't mean other ethnicities are. Hence your statement is false. Olodo rapata

I don't have time for primitive apes cheesy
Foreign Affairs / Russian GRU Intelligence Officer Is Killed In Ukraine by GodHatesBigots(m): 2:51pm On Mar 14, 2022
- Captain Alexey Glushchak, 31, killed fighting near Mariupol, Russia has said
- It is the first time Moscow has acknowledged losing a GRU intelligence officer
- Two intelligence officers for Russian paratrooper forces also known to have died
- But Moscow is still covering up 'thousands' of deaths among its invading forces

Russia has admitted to losing its first GRU military intelligence spy in the war - the latest high-profile casualty of the savage Ukraine invasion.

Captain Alexey Glushchak, 31, from Tyumen in Siberia, died in the carnage in Ukrainian port Mariupol, but the Russians have given no details of how he was killed.

'Due to the strict secrecy of the military operation, the circumstances of the death of the Tyumen hero are not disclosed,' said a statement.

Pictures emerged of father-of-one Glushchak's funeral in Russia, where he was buried with full military honours and a guard of honour, despite Russia hiding 'thousands' of deaths from those back at home.

Putin's stalling invasion has so far seen the loss of 12 commanders including three generals.

https://www.dailymail.co.uk/news/article-10610071/Ukraine-war-Russia-admits-loss-GRU-intelligence-officer.html

1 Share

Crime / Re: Igbo Culture Of Wild Spread Criminality And Drug Trafficking Menace by GodHatesBigots(m): 2:45pm On Mar 14, 2022
Tingotoe:
Not true
#

Olodo rapata
Crime / Re: Igbo Culture Of Wild Spread Criminality And Drug Trafficking Menace by GodHatesBigots(m): 2:43pm On Mar 14, 2022
IbadeHQ:


The damage is more than poverty..even Nigeria may never recover from the image battery you caused it. Is It south Africa, Malaysia, Cambodia just to mention a few. Do you know how many of your brothers that are on death row in those countries I mentioned. Your tribe is evil personified. Imagine the PDP you've supporting since 1999 refusing you presidential ticket. You don't think is more than poverty. Brother, the change starts with you.

From skinning human beings alive to decapitating human heads, to sacrificing parents and children for filthy lucre, your tribe stands out with this barbarity and primitivity.

May I also remind you that 419 aka 'oluwole' was pioneered in Lagos by Yoruba people and then this vice like a virus infected millions, today Nigeria is a nation of criminals. Drug dealing ?? Come to the UK , all Yoruba - what about fraud ? Yoruba. If you want I can post 100 articles at once.

Meanwhile I know the majority of Yorubas are decent human beings.

Shame on you for your bigotry, thats why your thieving corrupt country is a no go global hell hole, the poverty capital of the world - because of evil people like you.
Foreign Affairs / Re: Russian Soldiers Kill Brent Renaud (American Journalist) - Pictures by GodHatesBigots(m): 1:57pm On Mar 14, 2022
saintrow1:


The moment the weapons are delivered the Russians will bomb it.
I thank God Almighty that Russia is treating USA and nato the treatment they have been treating other weak countries.
When the bully gets bullied
USA and nato are going around the world threatening and invading other countries
They are nothing but white supremacy. They want to be above all.
We will see what they will do when they run out of sanctions.

Respect your masters
Crime / Re: Igbo Culture Of Wild Spread Criminality And Drug Trafficking Menace by GodHatesBigots(m): 1:57pm On Mar 14, 2022
Tingotoe:
Everyone knows that the vast majority of Ibos based abroad are into criminality, especially those in Asia

All tribes have their own crime speciality abroad.
Crime / Re: Igbo Culture Of Wild Spread Criminality And Drug Trafficking Menace by GodHatesBigots(m): 1:56pm On Mar 14, 2022
IbadeHQ:


Truth is bitter, once you're told it translated to hatred. The region is known with the following crime. highest baby factory in the world, drug dealings, ritual killing, 419, kidnapping and all sorts. All these are caused by the "get rich by any means tendency" syndromes. South West is not known for ritual killings in the 70's and 80's it is the influx of this particular tribe to Lagos and southwest at large that brought all this mess. You guys should start imbibing in your youths the need to work hard and be proud of it. and not the other way round.

It's either the white man or the Igbos who are responsible for your misery and poverty - lmao.

I can't help you.
Foreign Affairs / Poland Braces For False Flag By Russia As Fighting Continues In Ukraine by GodHatesBigots(m): 2:49pm On Mar 13, 2022
Crime / Re: Igbo Culture Of Wild Spread Criminality And Drug Trafficking Menace by GodHatesBigots(m): 2:41pm On Mar 13, 2022
iyapont:
and yours is empty undecided

You need to rise above primitive bigotry and develop yourself into civilisation, then, and only then will you experience a better Nigeria.
Foreign Affairs / Re: Russian Soldiers Kill Brent Renaud (American Journalist) - Pictures by GodHatesBigots(m): 2:37pm On Mar 13, 2022
tit:
Sacrificial lamp

Lamp ?? grin

5 Likes

Education / Re: Musa Sani, Boy Who Built A Replica Of Overhead Kano Bridge Gets US Scholarship by GodHatesBigots(m): 2:37pm On Mar 13, 2022
God bless and promote him. Amen

3 Likes

Crime / Re: Igbo Culture Of Wild Spread Criminality And Drug Trafficking Menace by GodHatesBigots(m): 2:36pm On Mar 13, 2022
iyapont:
and other parts are not into ritual,armed robbers abi?? Just because the media no they carry the news,If u know the rituals killings that is going on in the east,You won't be saying rubbish

Upgrade your IQ.

1 Like 1 Share

Foreign Affairs / Re: Russian Soldiers Kill Brent Renaud (American Journalist) - Pictures by GodHatesBigots(m): 2:26pm On Mar 13, 2022
engrchykae:
any journalist that have the mind to enter warzone is a suspect.

Journalism during war is a part of the package.

9 Likes

Crime / Re: Igbo Culture Of Wild Spread Criminality And Drug Trafficking Menace by GodHatesBigots(m): 2:26pm On Mar 13, 2022
youngsahito:
pushing drugs and kidnapping abi? U just stay one place to carry out your statistics. Baba 75

The western part of the country is riddled and plagued with body parts traders, ritualists, skull minners and armed robbers. Every tribe has their own special crime.

Nigeria is full of thieves and criminals and greedy bastards.
Foreign Affairs / Re: Russian Soldiers Kill Brent Renaud (American Journalist) - Pictures by GodHatesBigots(m): 2:25pm On Mar 13, 2022
Truvelisback:
Na him do himself. Let's see the reaction of the U.S.

It will take a while before the USA responds to this incident and the recent Iranian missile attacks, but when they respond you and I will know about it because it willl be massive and overwhelming.

18 Likes 1 Share

Crime / Re: Igbo Culture Of Wild Spread Criminality And Drug Trafficking Menace by GodHatesBigots(m): 2:22pm On Mar 13, 2022
IgweOfNnewi:
Which hatred are you talking about, was it not written by Igbo, did he lie?

Nigeria is a crime scene, 75% of Nigerians are criminals and they come from all tribes and languages.

2 Likes 1 Share

Foreign Affairs / Re: Russian Soldiers Kill Brent Renaud (American Journalist) - Pictures by GodHatesBigots(m): 2:20pm On Mar 13, 2022
Kingsnairaland:


Forget that... You really don't know how powerful Russia is just try to Google it then you will calm down...

Russia is only powerful because of Nukes which all NATO countries possess. Without Nukes, their army is garbage and you know it. Which modern army loses 10,000 men in less than 3 weeks to capture a small city ?

92 Likes 9 Shares

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