![COLUMN | Geopolitical updates, part one: Hot war and Houthi hostages; Russia and Iran dependent on China; Dark Fleet deception [Offshore Accounts]](https://media.assettype.com/bairdmaritime%2F2024-10-20%2Fvf4sdzjz%2FUntitled-1.jpeg?w=1200&ar=40%3A21&auto=format%2Ccompress&ogImage=true&mode=crop&enlarge=true&overlay=false&overlay_position=bottom&overlay_width=100)
COLUMN | Geopolitical updates, part one: Hot war and Houthi hostages; Russia and Iran dependent on China; Dark Fleet deception [Offshore Accounts]
North Korea is apparently sending 10,000 troops to assist in the Russian invasion of Ukraine, as per Bloomberg, and last week, Russian missiles hit a cargo vessel in Odesa, the fourth such attack this month (including one that reportedly killed a Ukrainian national). None of this seemed even remotely likely three years ago, when the oil price also stood at close to US$70 and the world was a much more peaceful place. Markets seem to be ruling out any Israeli attacks on Iranian oil facilities, or that the Iranians will attempt to close the Straits of Hormuz, however. This may yet prove wishful thinking, as the last four years have shown how, in the words of famed baseball player Yogi Berra, “it's tough to make predictions, especially about the future.”What lessons can we learn?
Source:The North Africa Journal
October 21, 2024 04:55 UTC
North African leaders to hold summit in Libya
Copy LinkAlgeria and Tunisia have confirmed a tripartite summit with Libya will be held in Tripoli in the near future. Mr Attaf said the countries were committed to “implementing the decisions and recommendations” made at the previous summit in Tunis in April. This summit is the latest indication of a thaw in relations between the North African neighbours. The summit is also an opportunity for the three countries to discuss economic cooperation. Despite the challenges, the summit is a positive step towards greater cooperation in North Africa.
Source:The North Africa Journal
October 21, 2024 03:16 UTC
"We Are Unclear About Chinas Intention in the Arctic
“He was angry about nations not spending enough money on their own security, on their ability to defend themselves, which is Article 3. For decades, many nations have neglected this duty, believing that the United States would save them.”Did what he askedNow it is a different situation. Last year, the US Congress approved a legislation that prevents any president from withdrawing the US from NATO without Senate approval or an act of Congress. Of course, Europe must be able to do more with deterrence and defense and invest in capabilities that currently only the United States has, says admiral Robert Bauer. If he returns to the Arctic Circle Assembly in Iceland next year, it will be as a civilian.
Source:The North Africa Journal
October 21, 2024 03:04 UTC
Opportunities and challenges in scaling data centres across Africa – Intelligent CIO Africa
Yet, according to the Africa Data Centres Association, Africa alone needs 1000MW and 700 facilities to meet growing demand. Because data centres need power to stay operational 24x7x365, reliance on onsite back-up generation is often the expensive norm. Matone Ditlhake, CEO Corridor AfricaModular data centres and free coolingModular data centres are another key strategy in addressing infrastructure challenges. Data centres utilising advanced SSDs can manage large volumes of transactions and queries swiftly, making real-time analytics and decision-making possible. Secure data storage systems help safeguard against unauthorised access, helping ensure that customer and business data stays confidential and intact.
Source:The North Africa Journal
October 20, 2024 22:33 UTC
Around 200 people fall ill in Assam due to food poisoning after consuming snacks
Around 200 people have fallen ill due to food poisoning after consuming snacks during an obituary function of a deceased in Assam’s Golaghat district, officials said on Sunday. According to an official, the guests were served with traditional ‘jalpan’ (snacks with puffed rice and cream) during the function. “The condition of the victims is stated to be stable and many are being released after treatment,” the official said. “The district administration informed me that the food inspector will visit the village and investigate the cause of the food poisoning,” he added. “We have also sent medical teams to the individual houses of all the people, who had come to the function.
Source:The North Africa Journal
October 20, 2024 22:25 UTC
Tough abroad, muted at home: The two sides of Tulia Ackson
She was cogent, spirited, articulate and self-assertive, and she was duly applauded by her assembly. This what old man Julius Nyerere used to refer to as the “smoking breaks” which delegates used to take after Tanzanian delegations started to sound empty and irrelevant. They will also learn in good time that she taught law at the prestigious Dar es Salaam university before she ventured into politics. When a member of parliament can be silenced when he wants to debate the spate of disappearances, abductions and killings in the country, one should know the House has been muted. It is unconscionable to want to run with the hares in Geneva while hunting with the hounds in Dodoma.
Source:The North Africa Journal
October 20, 2024 13:10 UTC
Where is the wisdom we gained from the ashes of the pandemic?
In Uganda, for example, there was a mindset shift, with many more people prioritising saving before consumption. Many businesses that left the city under lockdown never went back when the lockdown was lifted. They built their own premises in the suburbs without borrowing and never returned to the rented ones in town. They also got some unintended gains, like the unfortunate windfall insurance companies made when millions of elderly pensioners died. So, what increased wisdom do African governments have to show five years since the pandemic hit?
Source:The North Africa Journal
October 20, 2024 12:42 UTC
CAF Women Champions League: Masar FC Set to face Sundowns
The draw placed Masar FC in a tough Group alongside defending champions Mamelodi Sundowns of South Africa. Masar FC qualified for the CAF Women’s Champions League North Africa qualifying rounds after winning the 2023-2024 Egyptian Women’s Premier League. The first edition of the tournament took place in Egypt in 2021, with Mamelodi Sundowns claiming the title. Masar FC has been on an impressive streak in recent years, winning the Egypt Cup in the 2022-2023 season, followed by a domestic double of the league and cup in 2023-2024. The full group stage draw is as follows:Group A: AS FAR – Eagles of the City – TP Mazembe – University of Western CapeGroup B: Mamelodi Sundowns – Masar FC – Commercial Bank – Eido QueensThe CAF Women’s Champions League will take place in Morocco from November 9 to 23, 2024.
Source:The North Africa Journal
October 20, 2024 12:38 UTC
SLB Reports Strong Third-Quarter Results Amid Evolving Market Conditions
SLB Reports Strong Third-Quarter Results Amid Evolving Market ConditionsSLB has announced its third-quarter results (3q24), achieving a notable revenue of $9.16 billion, a 10% increase year-on-year, despite a cautious macroeconomic environment. Net income attributable to SLB, excluding charges and credits, rose 13% to $1.27 billion in the three months ending September 30. The company reported a 4% sequential increase in Digital & Integration revenue, with its digital business growing by 7% sequentially and 25% year-on-year. The company anticipates delivering strong cash flows and maintaining an adjusted EBITDA margin of 25.6%, a 55-basis point sequential increase. SLB has recorded Cash flow from operations at $2.45 billion, with free cash flow reaching $1.81 billion.
Source:The North Africa Journal
October 20, 2024 12:21 UTC
Video published by Ukraine allegedly shows North Korean soldiers in Russia
KYIV, Ukraine — A video purporting to show dozens of North Korean recruits lining up to collect Russian military fatigues has been released by Ukrainian officials, who say it shows the introduction of troops sent by Pyongyang into the conflict. The video, published by Ukraine’s Center for Strategic Communications and Information Security, which operates under the Culture and Information Ministry, allegedly shows North Korean soldiers standing in line to pick up bags, clothes and other apparel from Russian servicemen. “The video clearly shows North Korean citizens being given Russian uniforms under the direction of the Russian military,” he said. “For Ukraine, this video is important because it is the first video evidence that shows North Korea participating in the war on the side of Russia. It comes after the head of Ukrainian military intelligence, Kyrylo Budanov, claimed in local media that about 11,000 North Korean infantrymen were currently training in eastern Russia.
Source:The North Africa Journal
October 20, 2024 11:48 UTC
Belquist, Ziebarth score from distance and North Dakota drops Northern Iowa 31-7
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Source:The North Africa Journal
October 20, 2024 10:50 UTC
Police launch murder probe after 'targeted attack' in North Ayrshire
Police launch murder probe after 'targeted attack'Following a post-mortem examination, his death is being treated as murder. Police have launched a murder investigation following the death of a man in North Ayrshire. Det Ch Insp Graham McCreadie, of Police Scotland, said: "Our thoughts are with Mr Taylor's family and friends at this extremely difficult time. "We have already spoken to a number of people who came to Mr Taylor's aid until the ambulance arrived and I would like to thank them for their assistance." DCI McCreadie added: "Any information could prove vital to getting answers for Mr Taylor's family.
Source:The North Africa Journal
October 20, 2024 08:53 UTC
PRESSR: Middle East spare parts warehouse launches: Delivering fast response and efficient support
Chery has inaugurated a new spare parts warehouse in the Middle East, streamlining after-sales support for customers across the region, including the Middle East, Central Africa, West Africa, and North Africa. Jeddah, Saudi Arabia: Chery has officially opened its parts warehouse in the Middle East, offering more convenient and efficient after-sales support to consumers in the region and surrounding areas. This initiative aims to enhance the customer experience by providing faster services and ensuring a continuous supply of original spare parts. With this center, Sanabel Modern Motors can efficiently meet the growing demands of its customer base with exceptional speed. Committed to excellence, innovation, and customer satisfaction, Sanabel Modern Motors is poised to redefine the automotive experience in Saudi Arabia.
Source:The North Africa Journal
October 20, 2024 08:11 UTC
North Lake crushes Elkton, 68-0
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Source:The North Africa Journal
October 20, 2024 07:49 UTC