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Pilotaffair:Canada’s Inflation Rate Hits 30-Year High: Here’s How it Affects You Last month, Canada’s official inflation rate hit a whopping 5.1% — a level only seen back in 1991. Increases in the price of food, energy, and shelter have eroded the purchasing power of Canadian consumers, especially given that the average wage increase is around 4%. Essentially, your money is worth less … a lot less. What may have sufficed for a grocery shopping trip, renting a place, or filling up your gas tank in 2020 is no longer the case. Until the Bank of Canada raises the policy interest rate sufficiently to cool inflation. Canadians will have to rely on these options for mitigating the damage to their wallets. Dealing with high gas prices Gone are the days of $1.50 a litre. Today, prices of $1.70, $1.80, or even $1.90 per litre in metropolitan areas for the cheapest 87 octane have been spotted. In January alone, gasoline prices increased by 4.8% and were 31% more expensive compared to the year prior. The situation has been hampered by high commodity prices, exacerbated by the recent geopolitical crisis with Russia and Ukraine. These costs not only affect average drivers but businesses too, which pass on the cost of pricier gas to their customers by raising prices. Even public transportation is being impacted.Your best bet here is to find a rewards system to link to a credit card. When filling at participating stations, you can receive a small discount on your gas, and collect points to redeem for small rewards. Although not significant in itself, the savings can add up over time. https://www.fool.ca/2022/03/01/canadas-inflation-rate-hits-30-year-high-heres-how-it-affects-you/ |
Belarus is being hit with a tranche of UK sanctions for aiding Russia's invasion of Ukraine. UK foreign secretary, Liz Truss said Belarus president Alexander Lukashenko’s administration “actively aids and abets Russia’s illegal invasion” and should be made to feel the “consequences”. Leading Belarusian military figures are among those who have been sanctioned with immediate effect under the UK’s Russia sanctions regime, the Foreign, Commonwealth and Development Office (FCDO) said. The named individuals will be unable to travel to the UK and any UK-based assets will be frozen. The Foreign Office said the Belarusian military has “supported and enabled the Russian invasion of Ukraine”. Among those to be targeted are the Belarus chief of the general staff and first deputy minister of defence, Major General Victor Gulevich, who is responsible for directing the Belarusian armed forces. Others sanctioned include Major General Andrei Burdyko, the deputy minister of defence for logistics and chief of logistics of the Belarusian armed forces; deputy minister of defence for armament and chief of armament of the Belarusian armed forces, Major General Sergei Simonenko; and deputy minister of defence, Major General Andrey Zhuk. State enterprises JSC 558 Aircraft Repair Plant and JSC Integral, a military semi-conductor manufacturer, have also been included in the economic strike, the FCDO said. JSC 558 provides maintenance and servicing to military aircraft at Baranovichi air base, from which Russian aircraft operated as part of the invasion, according to the department. Ms Truss said: “We are inflicting economic pain on Putin and those closest to him. “We will not rest until Ukraine’s sovereignty and territorial integrity is restored. “The Lukashenko regime actively aids and abets Russia’s illegal invasion and will be made to feel the economic consequences for its support for Putin. “There will be nowhere to hide. Nothing – and no one – is off the table.” The move follows separate sanctions against Russia, including preventing designated Russian banks from being able to transact payments in sterling and have correspondent banking relationships with UK-based banks. It is designed to cut Russia’s biggest bank, Sberbank, out of the UK’s financial markets. A ban has also been enacted on a range of exports critical to the maintenance and development of Russia’s military and strategic interests. It is being applied in close alignment with the US, European Union and other partners to collectively cut off much of Russia’s high-tech imports, with the intention of constraining Russia’s future military-industrial and technological capabilities. The Belarus sanctions are on top of those already applied on Minsk by the UK since 2020. More than 100 people and organisations have previously been targeted in response to the fraudulent elections in Belarus and the “litany of abhorrent acts and human rights violations that the Lukashenko regime continues to commit”, the FCDO has said. ![]() https://www.itv.com/news/2022-03-01/belarus-hit-with-uk-sanctions-for-role-in-russias-invasion-of-ukraine |
He looks tired already.... [img]https://media1./images/8449c89b2a5a67af4d98b99a8e403eee/tenor.gif?itemid=21379361[/img] |
But i thought......... [img]https://media1./images/8449c89b2a5a67af4d98b99a8e403eee/tenor.gif?itemid=21379361[/img] |
Because of Putins nukes? [img]https://media1./images/8449c89b2a5a67af4d98b99a8e403eee/tenor.gif?itemid=21379361[/img] |
Gas price hike has removed the fear of bandits? [img]https://media1./images/8449c89b2a5a67af4d98b99a8e403eee/tenor.gif?itemid=21379361[/img] |
Righteousness2:Receive some sense..... [img]https://media1./images/dd6714bf13414e795a115f6b9d76e963/tenor.gif?itemid=18076076[/img] |
Google, Space X, BP, Shell ......... [img]https://c./_FoKNIe7na8AAAAd/columbo.gif[/img] ....all is fair in love and war? |
Osinbajo is the subject matter. |
koo |
From frying pan to fire back to frying pan.... [img]https://c./T-NFu4yVrFsAAAAd/black-hawk-down-somalia.gif[/img] |
February 28, 2022 Large numbers of people are being displaced by worsening weather extremes. But some of these risks can be prevented or lessened with prompt action. Deadly with extreme weather now, climate change is about to get so much worse. It is likely going to make the world sicker, hungrier, poorer, gloomier and way more dangerous in the next 18 years with an "unavoidable" increase in risks, a new United Nations science report says. And after that, watch out. The U.N. Intergovernmental Panel on Climate Change report said Monday that if human-caused global warming isn't limited to just another couple tenths of a degree, an Earth now struck regularly by deadly heat, fires, floods and drought in future decades will degrade in 127 ways, with some being "potentially irreversible." "The cumulative scientific evidence is unequivocal: Climate change is a threat to human well-being and planetary health," says the major report designed to guide world leaders in their efforts to curb climate change. Delaying cuts in heat-trapping carbon emissions and waiting on adapting to warming's impacts, it warns, "will miss a brief and rapidly closing window of opportunity to secure a livable and sustainable future for all." Today's children who may still be alive in the year 2100 are going to experience four times more climate extremes than they do now even with only a few more tenths of a degree of warming over today's heat. But if temperatures increase nearly 2 more degrees Celsius from now (3.4 degrees Fahrenheit), they will experience five times the floods, storms, drought and heat waves, according to the collection of scientists at the IPCC. Already at least 3.3 billion people's daily lives "are highly vulnerable to climate change" and are 15 times more likely to die from extreme weather, the report says. Large numbers of people are being displaced by worsening weather extremes. And the world's poor are being hit by far the hardest, it says. More people are going to die each year from heat waves, diseases, extreme weather, air pollution and starvation because of global warming, the report says. Just how many people die depends on how much heat-trapping gas from the burning of coal, oil and natural gas gets spewed into the air and how the world adapts to an ever-hotter world, scientists say. "Climate change is killing people," said co-author Helen Adams of King's College London. "Yes, things are bad, but actually the future depends on us, not the climate." With every tenth of a degree of warming, many more people die from heat stress, heart and lung problems from heat and air pollution, infectious diseases, illnesses from mosquitoes, and starvation, the authors say. The report lists mounting dangers to people, plants, animals, ecosystems and economies, with people at risk in the millions and billions and potential damages in the trillions of dollars. The report highlights people being displaced from homes, places becoming uninhabitable, the number of species dwindling, coral disappearing, ice shrinking and rising and increasingly oxygen-depleted and acidic oceans. Some of these risks can still be prevented or lessened with prompt action. "Today's IPCC report is an atlas of human suffering and a damning indictment of failed climate leadership," United Nations Secretary-General Antonio Guterres said in a statement. "With fact upon fact, this report reveals how people and the planet are getting clobbered by climate change." The panel of more than 200 scientists puts out a series of these massive reports every five to seven years, with this one, the second of the series, devoted to how climate change affects people and the planet. Last August the science panel published a report on the latest climate science and projections for future warming, branded "code red" by the United Nations. Climate scientist Katharine Hayhoe of The Nature Conservancy, who wasn't part of the latest report, calls it the "Your House is on Fire" report. "There's real existential threats," report co-chair Debra Roberts of South Africa told The Associated Press. Since the last version of this impacts panel's report in 2014, "all the risks are coming at us faster than we thought before," said report co-author Maarten van Aalst, a climate scientist for the International Federation of Red Cross and Red Crescent Societies, mentioning floods, droughts and storms. "More of it will get really bad much sooner than we thought before." "Every bit of warming matters. The longer you wait ... the more you will pay later," report co-chair Hans-Otto Poertner of Germany told the AP in an interview. Since 2008, weather disasters have forced about 20 million people a year out of their homes as climate change refugees, with the future looking even grimmer in some places, according to the report. By 2050, a billion people will face coastal flooding risk from rising seas, the report says. More people will be forced out of their homes from weather disasters, especially flooding, sea level rise and tropical cyclones. "Some regions that are presently densely populated will become unsafe or uninhabitable," the report says. And it says that small islands face that "overarching significant risk" of no longer being livable. And eventually in some places it will become too hot for people to work outdoors, which will be a problem for raising crops, said report co-author Rachel Bezner Kerr of Cornell University. Some of these climate change harms have been warned about for years, even decades, and have become reality, now written in the past and present tenses. Others are still warnings about future woes fast approaching. Monday's 36-page summary, condensed from more than 1,000 pages of analysis, was written by scientists and then edited line-by-line by governments and scientists with that final summary approved by consensus Saturday during a two-week virtual conference that occurred while Russia invaded Ukraine. In the final hours, a Ukrainian delegate made an impassioned plea that the war not overshadow the climate change report, some authors said. "Climate change isn't lurking around the corner waiting to pounce. It's already upon us raining down blows on billions of people," United Nations Environment Program Director Inger Andersen said. Study authors said much of Africa, parts of Central and South America, small islands and South Asia are "hot spots" for the worst harm to people and ecosystems. The report has a new emphasis on the mental health toll climate change has taken, both on people displaced or harmed by extreme weather and on people's anxiety level, especially youths worried about their futures. If the world warms just another nine-tenths of a degree Celsius from now (1.6 degrees Fahrenheit), the amount of land burned by wildfires globally will increase by 35%, the report says. And the rest of the living world won't be spared either, with the report warning of climate change extinctions. Already two species — the mammal Bramble Cays melomys in Australia and Central America's golden toad — have gone extinct because of climate change. "The risk of extinction in biodiversity hotspots increases by about tenfold as warming rises from 1.5 to 3 degrees Celsius," said Poertner, the German co-chair. With just one more degree Celsius of warming (1.8 degrees Fahrenheit), 20% of the world's species will become endangered, representing "severe biodiversity risk," the report says. One of the biggest changes in the report from previous versions emphasizes how crucial a key temperature threshold is scientifically and for people and how exceeding it, even if only a few decades, can cause permanent damage. In the 2015 Paris agreement, the world adopted a goal of limiting warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) since pre-industrial times, which was then further cemented when a special IPCC report in 2018 showed massive harms beyond that 1.5 degree mark. This new report found that threshold is even more important, but scientists do note that the world does not fall off a cliff after that mark. Because the world is already 1.1 degrees (2 degrees Fahrenheit) warmer than pre-industrial time and emissions are still rising, not falling, the vast majority of future scenarios show temperatures are on track to shoot well above 1.5 degrees, hitting the mark in the 2030s. So some officials began to count on going over that threshold and coming back down a decade or so later with still-to-be-proven expensive technology to suck carbon out of the air or by some other means. Monday's report says that if that overshoot happens, "then many human and natural systems will face additional severe risks... some will be irreversible, even if global warming is reduced." Countries need to do more to adapt to warming, with rich countries needing to do a better job giving financial help to poorer nations to adjust to climate change caused mostly by the developing world, the report says. But there are limits to what adapting can accomplish and sometimes — like in the case of sea walls — technical fixes to lessen harms in one place will make it worse somewhere else, the report says. "This has to be a whole of society response. Not a single individual, community, city or government can opt out," South African co-chair Roberts said in a Monday press conference. "While action is happening, it's not rapid enough and it's uneven." Amid all the danger signs, experts said they want to shy away from doom. "Fear is not a good advisor and never is," German vice chancellor and minister for climate and economy Robert Habeck told the AP. "Hope is the right one." Hayhoe said what's needed is realism, action and hope. "It's really bad and there's a good chance that it will get worse," Hayhoe said. "But if we do everything we can, that will make a difference. Our actions will make the difference ... That's what hope is." https://www.newsy.com/stories/united-nations-releases-dire-new-climate-change-report/ |
....and when the new phones breaks down? [img]https://media1./images/8449c89b2a5a67af4d98b99a8e403eee/tenor.gif?itemid=21379361[/img] |
Compassionate capitalism? [img]https://media1./images/8449c89b2a5a67af4d98b99a8e403eee/tenor.gif/img] ....that's an 'oxymoron' |
Buhari should ban politicians transferring loot abroad. [img]https://media1./images/8449c89b2a5a67af4d98b99a8e403eee/tenor.gif?itemid=21379361[/img] |
Dead on arrival..... [img]https://c./_IUilfTMKmIAAAAd/%D0%BF%D1%83%D1%82%D0%B8%D0%BD%D0%BD%D0%B0%D1%85.gif[/img] |
Early days.....Russia is just 'colding' up [img]https://c./7ow-MNsqzfwAAAAC/putin-vladimir-putin.gif[/img] |
Officialgarri:[img]https://c./Z4Y5awHUoyMAAAAC/kitten-genius.gif[/img] |
Russian forces overextended, at risk of being ‘picked apart,’ top U.S. analyst warns The Russian army has “overextended” itself in Ukraine less than a week after invading the country, according to a top U.S. security analyst who says that if Moscow‘s advance continues to stall, its forces are likely to be “picked apart” by Ukrainian fighters. Russian forces are “in a precarious position if Ukraine becomes a protracted war,” Seth G. Jones, who heads the International Security Program at the Center for Strategic and International Studies, said in a series of statements gaining traction Monday on social media. “Assuming 150,000 Russian soldiers in Ukraine & a population of 44 million, that is a force ratio of 3.4 soldiers per 1,000 people,” Mr. Jones wrote. “You can’t hold territory with those numbers.” His assessment hung in the backdrop as Russian and Ukrainian officials met for talks Monday, after Moscow ran into unexpectedly stiff resistance when it unleashed the biggest land war in Europe since World War II. With outgunned Ukrainian forces managing to slow the Russian advance and Western sanctions beginning to squeeze the Russian economy, the Kremlin has set nerves on edge across the world by raising the spectre of nuclear war. Russian President Vladimir Putin issued an order over the weekend putting Russia’s nuclear forces on high alert. Mr. Jones, meanwhile, tweeted late Sunday that an analysis of past conflicts indicates Russia would need significantly more ground forces to conquer Ukraine — far more than the current 3.4 Russian soldiers per 1,000 Ukrainian citizens. “The force ratios in successful operations are astronomically higher, such as 89.3 troops per 1,000 inhabitants in Germany (1945), 17.5 in Bosnia (1995), 9.8 in East Timor (2000), and 19.3 in Kosovo (2000),” he wrote. “High numbers of troops and police are critical to establish basic law & order. In fact, the number of Russian soldiers in Ukraine aren’t even enough to hold any major cities for long. They will be in serious danger of being picked apart by Ukrainian insurgents.” For context, there were roughly 170,000 coalition troops in Iraq during years of insurgency in that country in the 2005-2008 timeframe, with about 150,000 of the troops being U.S. forces. By that math, the ratio was roughly 6.3 U.S. and allied forces per 1,000 Iraqis. https://www.washingtontimes.com/news/2022/feb/28/russian-forces-overextended-risk-being-picked-apar/ https://twt-thumbs.washtimes.com/media/image/2022/02/28/ukraine_invasion_55332_c0-0-5000-2915_s885x516.jpg?9d6dbc93213d039cb765139cd6fea0e2dead5f13 |
Chelsea owner Roman Abramovich has been asked by Ukraine to help support their attempts to reach a "peaceful resolution" with Russia.https://www.bbc.co.uk/sport/football/60552754
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It would have been flying to Anambra ..... [img]https://media1./images/3bfdc594138a31437ffe0e0258548c06/tenor.gif?itemid=20828015[/img] |
Amin Moussalli, Founder and Chief Executive Officer of AIM Consultants, a construction and communications firm and owners of Cool Fm, Wazobia Fm, Nigeria Info, Arewa Radio, Cool TV and Wazobia TV, has joined the growing list of Nigerian CEOs whose firms have been banned by World Bank from participating in projects and operations financed by it. Amin was handed a 34-month ban for making improper payments to the tune of $45,000, about N13 million, to project officials during the implementation of two World Bank financed consultancy services contracts costing $908 million. Amin allegedly made the transfer to the personal account of two resident engineers for onward transfer to various project officials, an act that constitutes a corrupt practice under the World Bank’s Consultancy Guidelines. After the 34-month ban ends, the sanction will be converted to an 18-month conditional restoration, if he still wants to continue to be a consultant. He will also be expected to undergo training in corporate ethics, which demonstrates commitment to personal integrity and business ethics, as well as implementing an integrity compliance programme that reflects the principles set out in the World Bank Group Integrity Compliance Guidelines. This won’t be the first time Amin and one of his companies will be in the eye of the storm for alleged sharp practices. In 2015, his confectionery shop, Chocolate Royale, was shut down by the National Agency for Food and Drug Administration and Control over the use and storage of expired and dangerous products to prepare food and confectioneries for the unsuspecting public to buy, as alleged. Acting on a tip off and complaints of violation, the agency also sealed off the residence of the company’s managing director in Victoria Island, Lagos after a thorough search and confiscation of frozen products worth several millions of naira and deemed to be unsafe for consumption, which were stored in illegal cold-rooms at their MD’s residence. At the end of the operation, unsafe products worth more than N1 billion were seized. But after adhering to sanctions handed to it by NAFDAC, the place was reopened for business a few months after. A naturalised citizen of Nigeria, Amin was born in Lebanon, but his family migrated to the United States with his family. His grandfather is from Northern Iraq while his father was born in Palestine. His wife’s grandfather migrated to Nigeria from Lebanon. Mousalli came to Nigeria from the United States of America in 1976 when his wife wanted to spend Christmas with her parents. After his experience he decided to settle in Nigeria with his family. Other Nigerian CEOs banned by the World Bank for alleged fraud and corrupt practices include, Fela Amosu, owner of Sargittarius Nigeria limited and Sargittarius Henan Water Conservancy Engineering Limited; Christopher Osuala and Christine Osuala, owners of Maxicare Company Nigeria Limited; Egbe Asikong, Imoke Asikong, Rosemary Akabudike and Nelson Elemi, owners of Asbeco Nigeria Limited, to mention only a few. https://thewillnigeria.com/news/wp-content/uploads/2022/02/4161734_rszaminmoussalli650x400_jpeg39f283724f8084d1c5dbf078d9a590a8.jpg https://thewillnigeria.com/news/wazobia-fm-promoter-banned-by-world-bank-for-fraud-corrupt-practices/ |
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These costs not only affect average drivers but businesses too, which pass on the cost of pricier gas to their customers by raising prices. Even public transportation is being impacted.