Stats: 3,104,673 members, 7,660,994 topics. Date: Wednesday, 29 November 2023 at 04:34 AM |
Nairaland Forum / Justflow1's Profile / Justflow1's Posts
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The Russian currency depreciates against the Naira, even as economic sanctions around the world continues to stiffen. Source: https://www.exchangerates.org.uk/RUB-NGN-exchange-rate-history.html
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I have since said that this war has more economic flavour in it than the destruction in its real sense. And yes, economic sanctions is the most important thing right now. The Russians are feeling the heats already, and I see them taking to the street in days. About economic interests, noticed that the moment the West started talking about financial and economic sanctions, Putin started threatening with Nuclear wars (NATO are not going into that mission with them). That shows Putin's pressure point, and the logical thing to do is to either tip-toe around or hit his pressure point. To get to Putin, you've got to reach him through his proxies, i.e the Oligarchs that looks after his money and portfolios. All fingers points at the U.K as the biggest money laundering country for Russian Oligarchs. Hence, it is commonsensical that the economic warfare route be used against Putin and his Oligarchs, not an all out war. |
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I am highly impressed as to your grasp of the underlyings. This is not Rambo film one need to really read beyond people's tweet and comments on NL, before one can afford oneselves the full knowledge of this subject matter. I have seen a lot of people say different things about the U.S of A here; people talking as though they have terrorist-tendencies. When, even, in an all out war, Russia can't defeat U.S, the lone country with a military service base in space. That day, Russians will see military alliens (from space) come after them. So far, the U.S have been great, their intelligence, support and aids are morally enough, atleast in the meantime. P.S Remember that the US men that you want to be at the forefront for Ukraine are also citizens of America; someone's son, brother, father, uncle and nephew too. As the Yoruba will say "Ti a ba sun ekun, k'ama ri'ran" We should try to see while crying. wallrichy: |
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You see? |
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Hmmmm 1 Like |
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For the US and NATO, there's little appetite to engage Russia directly. Ukraine is not part of NATO. My economic classes thought me that, in regional blocs and treaty; members of the blocs are highly prohibited from directly involving themselves in economic ties with non-members. And I believe same applies in a military treaty scenario. US, NATO and the Ukrainian allies are currently dealing with the situation smartly; running their cost-benefit analysis religiously. Sanction packages on the Russian economy and technology are enough to persuade putin (maybe not in the short run), and if it doesn't, then, watch out for their defeat thereafter. Massive sanctions on Russian businesses, banks, HNIs; blockage of access to the world's capital market, payments systems; and cutting edge techs needed to mordernize their military, space program, and economy are morally enough. Also, sanctions on their ability to transact in USD, Sterlings, Euro and Yen makes the entire sanctions more complicated and devastating for Russia. To help Ukraine directly in a war footing scenario is to put people and economy at risk. As per economy, the U.S of A is around 14 times bigger than Russia. Russia would only struggle to trail smaller countries like the UK. Hence, a direct war footing approach should be the last resort for the U.S I mean, is there a country that wants to underestimate the impact of economic sanctions, especially when the sanctions are coming from regional blocs and the real "owners" of the world's economy. Germany had their own piece of the cake in the 1920's when they were indicted of promulgating the WWI, they paid reparations that ran into trillions ( in today's German marks). They got hit by an unprecedented hyperinflation; where their currency was so useless that a german needs currencies filled in a truck to purchase a loaf of bread. Germans couldn't afford to paint their house, they started using money as wallpapers. Their children couldn't afford a toy, they used their money to construct kites. There were cases where people offloaded money from a wheelbarrow, and stole the wheelbarrow alone. Intriguingly, In 1914, the exchange rate of the German mark to the American dollar was about 4.2 to one. Nine years later, it was 4.2 trillion to one. Germany didn't foresee this eventuality. I end in the words of Umberto eco "Not long ago, if you wanted to seize political power in a country you had merely to control the army and the police. Today it is only in the most backward countries that fascist generals, in carrying out a coup d'état, still use tanks" the whole scene changes when it becomes an economic warfare. 36 Likes 5 Shares |
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Love Garden � |
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She knows my password, that is because I don’t have any skeleton in my closets, she once told me her password, but I can’t remember, and this is because I am not bothered on what happens on her phone. I trust her, and I think she trust me too. At time, when she peruse my phone, she just bring up a tease by saying “Baby who is this girl sending nude” and I won’t even move a limb, I will just be looking. Local man knows there is nothing, he is transparent. So why should I be bothered? At the end she will still say, I am too confident, and when in my life would I cheat. Truth is, when I am in a relationship, I am total and final. I give my partner every benefit of doubt. Hiding my phone (by locking it) is a no no. I know her Credit and Debit card passwords, she knows mine too (bo ti e je pe ko si owo ni be at the moment). We are fine! |
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E be things. “If Orji Uzor Kalu can be walking freely today, why not them?” This should be some of the thoughts resonating in the heads of the hoodlums that hijacked the protest and took the initiative to break the jail. P.S No justification for jail breaking ![]() 1 Like |
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Hi Ladies, please before you go to Dr. Anu. It is good you know that your entire life is not only about having banging bodies and all. Daddy E. A Adeboye would beseech us in today's message to lift ourself and mind from Mental Lockdown. So if Shove turns push, you are hell-bent and you want to show the world that figure 8 is the course you care for, it is expedient you use your number 6 too to ask questions on medical effects of undergoing a contour surgical operation, google can save you regretful years, that's if 2mb wouldn't be too much for you to spare. BTW, You cannot impress a man forever. Eventually,Titties and Booty Sags Happy Sunday! |
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NanaF:Hey. I found the website very useful and intuitive. i even got to download one of my long searched book (alongside the two books i posted here) on that website. Thank you for your time, i do not take it for granted. Definitely, things get better! Stay Safe... |
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The looting Machine By: Tom Burgis Bananas: How the united fruit company shake the world By: Peter Chapman
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We bade our colleagues goodluck as We hope to see again
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More...
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More pics
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I, alongside other like minds convened a photoshoot campaign on the novel Coronavirus in University of Nigeria Enugu Campus. Students came out to safeguard public safety as the campaign was not just a civic responsibility; but an act that is considered moral. The focal point of the campaign was to enlighten and sensitize the world of the virus through social media platforms. The call for the sensitization was expedient as it is practically impossible to get rid of things we know nothing about. We also wish our colleagues here on campus and elsewhere good luck as we depart our various campuses and stations for home. The is a very terrible time! #COVID_19UNNCampaign
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The Institute of Chartered Accountants of Nigeria ICAN, has postponed all its upcoming events including the forthcoming Professional examination slated for 24th through 26th of March, 2020 due to the current outbreak of the Corona COVID-19 virus
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Commmy:basically, Human Resources managers knows the intricacies inherent in every course of study. if employer of labour wants a person who would carry out a more linear role in their entity they know which is best, and if they would prefer a non linear role they still know which course is best. "Administration is a subset of Management" this further defines how rigorous and sophisticated one is over the other i think the foregoing was able to give answer to your question compliments of the Season 1 Like |
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i put it to you that both are not absolutely the same thing. Business Management degree equip graduates with policy making, building systems, process and other guidelines. for which the Business administrator then use that guidance to run the operation. Management is non linear as it deals with people, profit, innovation, competition, entrepreneurship and organizational systems. Business administration is kind of streamlined, students are thought on how to take care of the administrative tasks, business administration functions is linear in nature. Hence, bureaucratic in outlook. It is concerned with things being done the way they ought to be done. conclusion: Administration is a subset of Management your sister will sure b lucky if she could get Management, (i am not saying one is better than the other tho, but from the foregoing one will see that its self evident that one is more sophisticated than the other) i studied Business Administration in the polytechnic, and i am currently in my penultimate studying Management in University of Nigeria best of Luck to your sister. 1 Like |
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Virus99:as seen in the post, i am not in any way comparing the population, just the percentages, if 54 % people gain access to the internet in kenya and 47.1 people gain access to internet in Nigeria, should the argument bother on how many people? a reasonable person will furnish the argument in a way that focus on what the kenyan govt did to had brought their country's internet penetration percentage above average, and why Nigeria is below 50% even amidst Tech minds and tech investments. i know ur problem, it is either you missed your logic classes, or your 1Q is below 70 |
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Virus99:i wont hesitate in feeding your gullibility. https://www.statista.com/statistics/183849/internet-users-nigeria/ |
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*Oh my dear Jumia! Truth be told, these disruptive innovation entities (Uber, Yudala, ,Jumia, Opay falls in this category) aiint getting ROI (Returns on Investment) in Nigeria and even Africa. Research claimed that just 47.1% of Nigeria's population has internet penetration which is relatively low compared to our sisters in East-Africa, Kenya. How then can a business whose sole mode of patronage is Internet-based thrive in the face of constraints, such as high data rate, huge Tax levy, unfavourable economy, inter alia?. I see Nigeria bade these companies Farewell in years time. Jumia and others will sure fall prey and most likely bow out of the country as they are posed with a fiercely looking Ready-made Finance Bill, ladened with hunt net about to be targeted at e-commerce and service rendering firms. They cant survive, and any attempt to force their stay will be at the detriments of we all. Yea we are at the receiving corner |
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cosby02:insofar you are nescience of their motives, Telling you the rights they infringed on, is like flogging a dead horse. below is a link, just so you wish to learn. peace https://yalebooksblog.co.uk/2017/07/31/five-characteristics-of-a-witch-an-extract-by-ronald-hutton/ 1 Like 1 Share |
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Iamvetlander:i commend your nous 2 Likes |
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Iamvetlander: |
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cosby02:. but then, is witchcraft a religion? can you highlights their motives. 2 Likes |
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The University of Nigeria (UNN), Nsukka, Enugu state, will host a conference on witchcraft between November 26 and November 27. The conference, which has the theme “Witchcraft: Meaning, factors and practices”, is convened by the Professor B.I.C Ijomah Centre for Policy and Research in UNN. A notice of the event seen by The Cable listed David Ker, a former vice-chancellor of Benue State University, as the keynote speaker. It also said Charles Igwe, UNN vice-chancellor, is the chief host, while Egodi Uchendu, director, B.I.C Ijomah centre for policy and research, is the host. The Merriam Webster Dictionary described witchcraft as the use of sorcery or magic. Following the announcement to host a conference on witchcraft at the prestigious University Of Nigeria, Nsukka between November 26 and November 27, Adaeze Ekwueme, a Nigerian intercessor, is calling on God’s supernatural intervention as the dates approaches. Sharing the handbill on Facebook, the intercessor, proclaimed that such gathering will not be allowed to hold in Enugu state and that they will die before the gathering. Adaeze wrote: “I stand to speak against this Witchcraft gathering.It shall not stand or hold in Enugu state its environs IN the mighty name of JESUS CHRIST (intercede for Enugu state)…We need the papa Idahosa’s kind of anointing for this generation O… They try to gather, they die before the gathering!!!”. the Christian body on campus had therefore registered their discontent has Posters had since been seen on campus and its environs, all at the quest of bringing the conference to its feet. Information from one of the organizers of the conference claimed that the conference had been cancelled, but the University had since not released a statement in that light.
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CivilAboki:Tetfund is a Fiduciary fund held in trust by govt. proceeds from that tax do not go to the Development fund or the CRF, it goes to the Tetfund account directly (though the FIRS are the collector) , wich is one of the fund managed by the CBN on behalf of the Board. the disbursement of funds from that account is relatively transparent compare to other funds. Note: i am not saying there is no corruption in TETFUND sir next time i suggest you quote a person when you have something meaningful to say. but i spare u for this. |
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youngsahito:young man this is a TETFUND assisted project. its a direct disbursement from the till of Tertiary Education Tax TET (every company in Nigeria is expected to pay 2% of their assessable profit as Education Tax, just so to foster edu development in the country it is a fiduciary Fund held in trust by the FG which disbursement is made to Higher Institutions of learning 50:25:25 ratio for uni, poly, COE respectively on intervals..... so it is not in anyway a FG funding as you have thought! 61 Likes 2 Shares |
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eleyi gidi gan |
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i am here to learn 5 Likes |
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nothing is comparable with Education. congratulations little champ 1 Like |
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