Just40:
That country has gone in the bad graces of America for long

so much so that the US government has open the flood gate for the kingdom to face court charges.

Washington is angry with the kingdom.

Saudi Arabia can last the oil war as long as it care. over 500 billion dollar in reserve for a country less than 30 million . their oil production is even way cheaper than that of Russia. even if oil becomes 10 dollar per barrel , Saudi Arabia will still be making profit cus a barrel in Saudi Arabia is produced way lower than 8 dollar. so the cost of production here suggest Saudi can really wage oil war to any country that called for it.


USA understand the financial benefit of Saudi Arabia. and America will always paddle his canoe softly .

JaceBlaze:



The reason UAE has more numbers of tourists is because their immigration laws aren't as strict as the USA ones.If USA decided to relax their visa rules half of planet Earth would be in America.Don't tell me about UAE,every little johny can get an UAE visa.

For you:

Even if Nigeria decided to make Nigeria visa free people still will not come,I know for a fact that I won't lol.There's nothing I feel like I'm missing there tbh.

your point has been demolished since, all you do now is rant,

And No, if US were to relax their migrant laws nothing much will change in number of tourists compared to UAE.

Again the reason you won't go to Nigeria is because.
1.her tourism industry is grossly underdeveloped.
2. If you ain't coming for business, I see no reason you should travel.
3. You have nothing more to say.

mtisTheQubit:

more pain...an the folks here keep on talking about Kenya economy...

It is more pain for your ..let's see who goes into recession fast and who eventually come out of it first...infact I dare say we would skip bit not you guys...you were doomed to go into recession whether or not the corona came or not...we on the other hand are more prepared for this as our macroeconomics of today is more stronger than that of 2014-2016...

Our reserve of today is pegged at $36.9bn at against $26bn in 2016..our monthly forex demand for import was $4.6bn of which $3.2bn a month was for non -oil import .
As at 2 year ago(2018) ourMonthly food import declined to $590million and still declining due to robust action and
prudent decision by our able central bank not that uppity incompetent m0rons you have in CBK...
In Q4 of 2019 we had 2.55% growth of which non -oil sector accounted for 92% of this growth...

When you factor in the fact that Dangote wants to forcefully make his refinery to going into production of 100,000 per day in a matter of months instead of waiting next year when it will be completed to help ease this economic tension, coupled with the fact that we are a large oil consuming country with PMS price dropping..

I can suffice to say I see light at the end of the tunnel...lol sadly same cannot be said for Kenya.. your country was doomed to fail whether or not corona came...lol recession is inevitable for Kenya mostly especially now that the global lenders are not willing to lend to you guys to massage and support your economy...what of locust invasion and drought lol..
Lol what of ballooning unemployment and almost zero tourism predicted for this year..all sector in Kenya are quietly grounding to a halt....weasel

Just40:
Treasury bill is still a debt instrument

Adding money only creates debts that strangle the economy.

The economy is suppose to produce it way out of the crisis but at this moment, there is no market for them.

The Chinese owns the market and it will come at a cost to the US to have access to the Chinese market.

China has learnt the rules of engagement and they've gotten very good at it #GLOBALIZATION

Debt isn't a burden for the Americans now at least not even for those who are alive now. if in anyway , America will be paying back, it will be in many years to come and at that time, the country will be doing well to fund his debt based on what the debt borrowed today will have produced for them. the country has a prudent management way better than China.

America goods are becoming luxury , it does not have the same focus with China, there will always be ready market for America goods as long as America remain in production line .

mtisTheQubit:

You can drop the mic all you want but just remember ya bloody Scottish. .do more research man

My research is impeccable. I know the history of Swahili language, and the historical events that led it to be the language we know it today.

The interaction Kilwa sultanate with the coast of Tanganyika led to the spread of Swahili along the coast. Since Kilwa dealt with the mainland Swahili started spreading in wards. After the Kilwa sultanate (which was of Persian descent) took over the Swahili coast that spanned as far as Mogadishu, they used Swahili to administer especially due to the fact that Swahili was a Bantu language by origin, it was every similar to the native languages spoken in the coast. When the Germans took over Tanganyika, they made Swahili the official language for schools and courts under the German rule so was the first time that Swahili was formalised on an European language framework. After WWI, the British took over the whole East Africa, seeing that Swahili was already heavily rooted in Tanganyika and the coast of Kenya, they had a conference to which they decided how Swahili would be across EA to which the Zanzibar dialect was chosen as the official dialect of Swahili.

To this day, a foreigner learning Swahili will find it easy to speak with a Tanzanian than a Kenyan due to the way the language is spoken, same way most people will find it easy to speak with a Londoner than a Scot.

Just40:
They were also smart

they realized China and India were one day going to be the markets that keeps the global economy running and they went in first, to take advantage of the good outcomes.
The US benefited a lot from this move and cashed in big

An that's the problem..typical Americans doest know anything. They still believe America got everything. ..I think they are in for a rude shock...

samorobo:



You take this thread serious...that is why you hate when fact is presented to you.....

You will prefer if we lie a d sugarcoat things to make you happy....change shma, for your good

am not hating neither am I taking this thread seriously. Am here to have fun. Am enjoying my peaceful quarantine .. I have never hated Tanzania. Never.. in fact I regard Tanzania more than anything in west.

samorobo:


But nairobi and mombassa has gotten to that level of slumimishness which was the state of Lagos over 2 decades ago....

Hold sonko responsible not me...it is not my fault

you mean this Nairobi ..

Danielnino00:


No no . Kenya won't be affected at all... They are untouchable.. the most stable economy in the world

Lol the nonsense they tell themselves....E go clear for their eyes

Shma:
am not hating neither am I taking this thread seriously. Am here to have fun. Am enjoying my peaceful quarantine .. I have never hated Tanzania. Never.. in fact I regard Tanzania more than anything in west.

You are taking it seriously..I know fun when I see one....

You are pained and bitter

Shma:
you mean this Nairobi ..

Yes..that nairobi

Mzal3ndo:

My research is impeccable. I know the history of Swahili language, and the historical events that led it to be the language we know it today.

The interaction Kilwa sultanate with the coast of Tanganyika led to the spread of Swahili along the coast. Since Kilwa dealt with the mainland Swahili started spreading in wards. After the Kilwa sultanate (which was of Persian descent) took over the Swahili coast that spanned as far as Mogadishu, they used Swahili to administer especially due to the fact that Swahili was a Bantu language by origin, it was every similar to the native languages spoken in the coast. When the Germans took over Tanganyika, they made Swahili the official language for schools and courts under the German rule so was the first time that Swahili was formalised on an European language framework. After WWI, the British took over the whole East Africa, seeing that Swahili was already heavily rooted in Tanganyika and the coast of Kenya, they had a conference to which they decided how Swahili would be across EA to which the Zanzibar dialect was chosen as the official dialect of Swahili.

To this day, a foreigner learning Swahili will find it easy to speak with a Tanzanian than a Kenyan due to the way the language is spoken, same way most people will find it easy to speak with a Londoner than a Scot.

Actually boss our swahili is more easier than yours..you guys are stuck with words even I don't understand.. do you Iknow I use Google translator for some swahili words..

forgiveness:


The bolded is right.

It must have one inhabitable structure over the other and the rest can be pole or spire like your Britam tower.

From this your picture of Milennium tower, we can see one story over the other and that's why the same emporis counted among Skyscraper.

My list therefore stands gidigba.

one is unbuilt and what you're talking about is a planned tower. I think somebody has hacked emboris site .

rvp20182:
We are already affected but will recover very fast

You are not recovering soon..not in the nearest forseeable future....

samorobo:



You are taking it seriously..I know fun when I see one....

You are pained and bitter

you're the only one taking this forum serious. You popped in yesterday with feelings of a Pre*gnt wom .

samorobo:


It is more pain for your ..let's see who goes into recession fast and who eventually come out of it first...infact I dare say we would skip bit not you guys...you were doomed to go into recession whether or not the corona came or not...we on the other hand are more prepared for this as our macroeconomics of today is more stronger than that of 2014-2016...

Our reserve of today is pegged at $36.9bn at against $26bn in 2016..our monthly forex demand for import was $4.6bn of which $3.2bn a month was for non -oil import .
As at 2 year ago(2018) ourMonthly food import declined to $590million and still declining due to robust action and
prudent decision by our able central bank not that uppity incompetent m0rons you have in CBK...
In Q4 of 2019 we had 2.55% growth of which non -oil sector accounted for 92% of this growth...

When you factor in the fact that Dangote wants to forcefully make his refinery to going into production of 100,000 per day in a matter of months instead of waiting next year when it will be completed to help ease this economic tension, coupled with the fact that we are a large oil consuming country with PMS price dropping..

I can suffice to say I see light at the end of the tunnel...lol sadly same cannot be said for Kenya.. your country was doomed to fail whether or not corona came...lol recession is inevitable for Kenya mostly especially now that the global lenders are not willing to lend to you guys to massage and support your economy...what of locust invasion and drought lol..
Lol what of ballooning unemployment and almost zero tourism predicted for this year..all sector in Kenya are quietly grounding to a halt....weasel

You know Sammy, I remember time back I used to call you a weasel.now I feel like you didn't understand the word at that time...

samorobo:


Yes..that nairobi

okay, let's see

mtisTheQubit:

For once man up and speak the truth...we never said the virus is not going to affect us...but ths idea of WAs claiming that Kenya is the only going to feel the burn is stupid...remove the log in your eye first man...thats all we telling you folks...

Then why was stevoh18 so concerned about our drop in oil price the other day or rvp waking up this morning with an outburst

the 500 billion will only last them 4 years at most

an even that, they have to cut down on a lot of their expenses, doing that alone will cause the Saudi people to revolt.

the Russian reserve can last them 10 good years.
Saudi Arabia produce oil at the same cost as Russia.

The problem for Saudi is, They pegged their currency to the dollar so they cant cause their production cost to fall like Russia.

According to calculations by Reuters, the lifting cost per barrel of oil equivalent of Russia’s largest oil producer, state-controlled Rosneft, is now lower than the costs of Saudi Arabia’s oil giant Aramco. And this is due to the falling ruble against the dollar. On the other hand, Saudi Arabia’s currency, the riyal, is pegged to the dollar at a fixed exchange rate, so the dollar costs for Saudi Aramco are the same before and after the oil price collapse and the collapse of the OPEC+ coalition.

Last year, the average lifting cost in dollars per barrel of oil equivalent of Rosneft was $3.10. This compared to a $2.80 cost per barrel for Saudi Aramco, as per company financials cited by Reuters.

vaxx1:
Saudi Arabia can last the oil war as long as it care. over 500 billion dollar in reserve for a country less than 30 million . their oil production is even way cheaper than that of Russia. even if oil becomes 10 dollar per barrel , Saudi Arabia will still be making profit cus a barrel in Saudi Arabia is produced way lower than 8 dollar. so the cost of production here suggest Saudi can really wage oil war to any country that called for it.


USA understand the financial benefit of Saudi Arabia. and America will always paddle his canoe softly .

which money when oil is dead...

Just40:
it wont happen anytime soon.

The north of Nigeria is dependent on the south of Nigeria for money.

Money is the power of control

Unless they are so blind..their slumpolis cannot compare to Nairobi.

Shma:
okay, let's see

samorobo:


Then why was stevoh18 so concerned about our drop in oil price the other day or rvp waking up this morning with an outburst

You cannot ignore the oil thingy Sammy. .it's inevitable madame

Shma:
okay, let's see

Hold that thought..I am coming to show you nairobi through YouTube lens....

I hope you would love it ...

Damn Lagos was shitty back then in the 90's just as nairoslum of today.

What nonsense is this. . My friend Swahili was formed as early as 8th-10th century when Arabs discovered they could anchor their boats using monsoon winds pattern and come to Africa and move back up..this german and persian theory is pure BS. Swahili is bantu +arabic language. The Arabs would stay along east coast of Africa....for 1000 yrs before the Germans or British arrived. The Portuguese passed around 15th century but were mainly interested in trading..not settlement.

Mzal3ndo:

My research is impeccable. I know the history of Swahili language, and the historical events that led it to be the language we know it today.

The interaction Kilwa sultanate with the coast of Tanganyika led to the spread of Swahili along the coast. Since Kilwa dealt with the mainland Swahili started spreading in wards. After the Kilwa sultanate (which was of Persian descent) took over the Swahili coast that spanned as far as Mogadishu, they used Swahili to administer especially due to the fact that Swahili was a Bantu language by origin, it was every similar to the native languages spoken in the coast. When the Germans took over Tanganyika, they made Swahili the official language for schools and courts under the German rule so was the first time that Swahili was formalised on an European language framework. After WWI, the British took over the whole East Africa, seeing that Swahili was already heavily rooted in Tanganyika and the coast of Kenya, they had a conference to which they decided how Swahili would be across EA to which the Zanzibar dialect was chosen as the official dialect of Swahili.

To this day, a foreigner learning Swahili will find it easy to speak with a Tanzanian than a Kenyan due to the way the language is spoken, same way most people will find it easy to speak with a Londoner than a Scot.

rvp20182:
Unless they are so blind..their slumpolis cannot compare to Nairobi.

the reason this group is still in existence

The Chinese have overtake the US in the production of most high tech goods

Debt is bad for everyone even for those who print the money.

THESE new debts only bring the US economic collapse closer than it were.

vaxx1:
Debt isn't a burden for the Americans now at least not even for those who are alive now. if in anyway , America will be paying back, it will be in many years to come and at that time, the country will be doing well to fund his debt based on what the debt borrowed today will have produced for them. the country has a prudent management way better than China.

America goods are becoming luxury , it does not have the same focus with China, there will always be ready market for America goods as long as America remain in production line .

mtisTheQubit:

You know Sammy, I remember time back I used to call you a weasel.now I feel like you didn't understand the word at that time...

Kenya is screwed weasel..an it is inevitable....


Lol more mockery on the way as soon as it pans out

samorobo:


Hold that thought..I am coming to show you nairobi through YouTube lens....

I hope you would love it ...

Damn Lagos was shitty back then in the 90's just as nairoslum of today.

outdated cherry picked videos??
Upload it for your consolation.

Currency stability is everything. If Naira start behaving like Zim dollar..your reserves will be wiped out in a day. The trick is market sentiment and to have central bank acting like it knows what it's doing. Any run on Naira...you're like Africa poster child for bad currency...CEDIS and KWACHA.

This is now the game for central bankers...those that panic...will see their forex wiped out in a newyork minute....and the decline to barter trade so fast. Naira will be as worthless as Zim rand or dollar or kwacha.

samorobo:


It is more pain for your ..let's see who goes into recession fast and who eventually come out of it first...infact I dare say we would skip bit not you guys...you were doomed to go into recession whether or not the corona came or not...we on the other hand are more prepared for this as our macroeconomics of today is more stronger than that of 2014-2016...

Our reserve of today is pegged at $36.9bn at against $26bn in 2016..our monthly forex demand for import was $4.6bn of which $3.2bn a month was for non -oil import .
As at 2 year ago(2018) ourMonthly food import declined to $590million and still declining due to robust action and
prudent decision by our able central bank not that uppity incompetent m0rons you have in CBK...
In Q4 of 2019 we had 2.55% growth of which non -oil sector accounted for 92% of this growth...

When you factor in the fact that Dangote wants to forcefully make his refinery to going into production of 100,000 per day in a matter of months instead of waiting next year when it will be completed to help ease this economic tension, coupled with the fact that we are a large oil consuming country with PMS price dropping..

I can suffice to say I see light at the end of the tunnel...lol sadly same cannot be said for Kenya.. your country was doomed to fail whether or not corona came...lol recession is inevitable for Kenya mostly especially now that the global lenders are not willing to lend to you guys to massage and support your economy...what of locust invasion and drought lol..
Lol what of ballooning unemployment and almost zero tourism predicted for this year..all sector in Kenya are quietly grounding to a halt....weasel

samorobo:


Kenya is screwed weasel..an it is inevitable....


Lol more mockery on the way as soon as it pans out

You get orgasm from kenyan news heh sammy...

good for them, they saved their cash in

rvp20182:
which money when oil is dead...

Nigeria cannot save money when they are borrowing. Are you born daft or just daft. Forex reserves are not Soverign Wealth like Saudis, Norwegians and Chinese have.

With the depreciation of Naira - Nigeria external debt becomes a HUGE mountain. Only US are smiling here because they can print the dollars

Just40:
good for them, they saved their cash in