It's getting pretty hot.. Just in. The Government Accountability Office which is non partisan says Donald Trump Broke the Law by withholding Ukraine Aid. This makes it so much harder now for the Senate not to call any witness.
This looks like a big deal but actually it is a tornado in a glass of water because those folks will not vote during the impeachment trial in the Senate.
nwanna89: US, Russia, China, France, UK are the countries "allowed" to possess nuclear weapons. I am just wondering why they are allowed to own these weapons, and sanction countries who decide to develop theirs.
Because the world is not a Catholic Students prayer group where everyone prays for everyone's success on an exam.
Freestainworld: Hopefully people should understand that not everyone give a damn to the crown.
The Crown is a national icon . You don't mess with it. They better not write a book. " Honi soit qui mal y pense " Says the motto of the Order of the Garter.
Nukilia: Its only a matter of time before Nigerians start spending Eco...It won't be a matter of whether Nigeria wants it or not. The natural demand for the currency would propel its circulation among Nigerians
Try that in Africa, you will have the European Union, the world bank , the International Monetary Fund and the racist lobby at the United Nations calling you all types of names. Then the so called human rights groups such as Amnesty International and CIA - run Human Rights Watch will step in to wage a smear campaign against you.
BlackRock Passes a Milestone, With $7 Trillion in Assets Under Management
By John Coumarianos and Leslie P. Norton Jan. 15, 2020 2:29 pm ET
BlackRock ’s assets under management jumped past $7 trillion in 2019 as the market surged higher and money poured into the company’s funds.
The firm (ticker: BLK) now manages $7.4 trillion, up nearly $1.5 trillion from last year, according to its latest earnings report, released on Wednesday. More money flowed into BlackRock funds as stocks rose, boosting the value of existing investments. The S&P 500 Index returned more than 30% in 2019, and the MSCI ACWI, an index that represents the world stock market, gained nearly 27%.
Net inflows of money were strong, at about $129 billion for the quarter and $429 billion for the year. BlackRock’s fourth-quarter earnings per share rose 43% to an unadjusted $8.29, much higher than the $7.75 analysts had expected, from revenue of $3.98 billion. For the full year, BlackRock earned net income of $4.5 billion, or $28.43 a share, for a 7% gain in EPS from 2018.
Investment companies such as BlackRock collect a percentage of the money they oversee as fees, so the increase in assets under management led to 2% growth in both full-year revenue and unadjusted operating income.
In midday trading, BlackRock stock was up 1.9% to $528.12. The S&P 500 was up 0.5%.
Much of the money BlackRock handled did well relative to the benchmarks used to track funds’ performance, or other funds of the same type. Performance fees for the latest quarter more than doubled from a year earlier, BlackRock said.
Some 87% of actively managed taxable fixed-income assets outperformed their benchmarks or peer medians in 2019. For tax-exempt assets, it was 61%.
The figure was 71% for fundamental active equity strategies, while it was 54% for systematic equity, which uses quantitative techniques enabled by artificial intelligence.
According to Morningstar, BlackRock’s iShares unit had some of the most successful exchange-traded funds with regard to net flows in 2019. IShares funds brought in more than $117 billion, surpassing Vanguard’s $104 billion in net flows. Vanguard, however, had net flows of $183 billion including its active funds. State Street was a distant third in the ETF asset-gathering derby of 2019, with $24 billion in net flows.
The iShares Edge MSCI Minimum Volatility USA ETF ( USMV), by itself had net flows of $12.5 billion for the year, the fourth-most of any equity ETF. Also, the iShares Core MSCI EAFE ETF (IEFA) had more than $11 billion in net flows for the year. The iShares Core S&P 500 ETF (IVV) had around $8.6 billion in net flows.
Although Vanguard’s fixed-income ETFs had higher net flows than BlackRock’s, the iShares Core U.S. Aggregate Bond ETF (AGG) still had nearly $9 billion in net flows. The iShares MBS ETF (MBB) and the iShares U.S. Treasury Bond ETF (GOVT) had roughly $8.3 billion each in net flows for 2019.
Fixed income “will be one of the largest drivers of BlackRock’s growth in the next decade,” said CEO Larry Fink on a conference call with investors. One reason is that institutional investors sitting on cash have decided to substitute liquid fixed-income ETFs instead. That will continue, driven by institutions, central bankers and other asset managers.
“We believe this is a fundamental shift in how people use fixed income,” Fink said. “I believe this will be an overwhelming trend in the fixed income landscape.”
Sustainable funds, a focus for BlackRock, “reached an inflection point” in 2019, said Fink. The iShares ESG MSCI USA Leaders (SUSL) raised more than $1 billion in its launch and now stands at $1.87 billion.
Growth will also come the company’s Aladdin risk-management tech solutions, which will be have “ESG data at the heart,” said Fink, referring to environmental, social, and governance factors. “We’re putting sustainability at the core of how we manage risk and how we engage with companies.”
mansakhalifa: Errr... no, the Papua New Guineans ain't "black".
Trust me on that. Just call them Melanasians.
This is not to say that they don't suffer racism like the black race too. No. Don't get me wrong.
But hey, genetically or otherwise, they have nothing in common with the black race or black Africans. They are more closely related to the Asian peoples/races- e.g. Asian races like the Dravidians of the southern India subcontinent.
Lies. CIC Samuel Kanyon Doe was a patriot, a leader and an African revolutionist who put an end to the arrogant and racist dynasty of the the former Black slaves who left America for Africa and perpetuated the racist, evil Freemason practices against native african for more than 130 years. Do you know that Native Liberians had to change their name to names that look like American names before even hoping to get a government job . Those job were in 99.99% of the cases for those descendants of former slaves who represent less than 5% of Liberia's population. How fair is that that when less than 5% of the population of a country control 99.99% of government jobs , and the country's wealth? This was what Samuel Doe stopped. That was why he put them before a firing squad after the overthrew them in the 1980 military coup. God Bless Master Sergeant Samuel Kanyon Doe, Chairman of The People 's Redemption Council.
I mean since Nigerians gained their national independence they have been selling and buying goods, building their own infrastructure, trading with the world, paying private and public services workers , maintaining an army etc . without that questionable foreign power backed currency called Eco.
GamalNasser: We warned them then but they refused to heed
Yes. Libya and Iraq are a clear example of how the West can use a tiny group of traitors to blow up the life standards of a whole country and send that country 50 years or 60 years back.
This is a Black nation helping one of the most xenophobic and racist White nation in the world. As president Bill Clinton once said , racism is not in Black people's mindset. The issue is with White people.
Australia fires: PNG to send 100 soldiers 16:07 pm on 10 January 2020 RNZ Pacific / Papua New Guinea
Papua New Guinea will send 100 soldiers to help with efforts to fight bushfires in Australia.
Australia's High Commissioner to PNG, Bruce Davis, said the initial deployment would assist the Australian military with its response.(...)
The deployment of 100 PNG Defence Force personnel will cost the government just over $US1 million.
PNG Defence Minister Saki Soloma said 76 of the team would be from the engineering battalion in Lae, while the remaining would consist of field engineers and support staff from the Taurama based battalion.
Police in Lesotho are looking for Maesaiah Thabane, the wife of the prime minister, for questioning in connection to the killing of his estranged wife two years ago.
Mystery surrounds Ms Thabane's whereabouts since Friday when a court issued a warrant for her arrest after she failed to appear for questioning.
She was given until end of Monday to present herself to police.
Armed police, who went to search for the her at the official residence of Prime Minister Thomas Thabane on Friday, did not find her there.
Government spokesperson Nthakeng Selinyane has told the BBC's Focus on Africa programme that the police are ready to ask for international help to find her.
Lipolelo Thabane was shot dead while travelling home with a friend, two days before the inauguration of her husband in June 2017.
She and Mr Thabane had been living separately since 2012 and were going through a prolonged divorce.
Police chief Holomo Molibeli has alleged in court papers that a mobile number belonging to the prime minister was called from the site of her murder, linking him to the killing.
Herman Cain was a great guy, but red neck gun totting Republicans couldn't realize how articulate and knowledgeable the man was. Big loss for the country.
Strong dark skinned needed for Presidential candidate in the United States. Maybe people should look down South in Georgia, Louisiana , Alabama etc. or just jump to Africa and take a Nigerian, a South Sudanese, or a Ashanti guy from Ghana.
By Michelle Toh and Joshua Berlinger, CNN Business Updated 5:45 AM ET, Mon January 13, 2020
Hong Kong (CNN Business)The CEO of a Canadian company affected by last week's plane crash near Tehran has lashed out against the Trump administration's handling of the crisis in relations between the United States and Iran.
Michael McCain, chief executive of Canadian food packaging company Maple Leaf Foods (MLFNF), said one of his colleagues lost his wife and 11-year-old son after Iranian forces shot down the Ukrainian Airlines jet Wednesday, killing all 176 people on board. McCain said Sunday night in a series of tweets posted on his company's verified Twitter account that he believes President Donald Trump's actions in the Middle East were ultimately responsible for their deaths, describing them as "the collateral damage" of an "ill-conceived plan to divert attention from political woes." The flight crashed shortly after taking off from Tehran's airport. Iran has said that it mistakenly shot down the plane just a few hours after it fired missiles at Iraqi military bases housing US troops. The attacks on those bases came in retaliation for a US drone strike at Baghdad's airport, which killed top Iranian commander Qasem Soleimani. https://www.cnn.com/2020/01/13/business/maple-leaf-foods-ceo-ukraine-plane-intl-hnk/index.html
Andorra has no standing army but signed treaties with Spain and France for its protection. Its small volunteer army is purely ceremonial in function. The paramilitary GIPA (trained in counter-terrorism and hostage management) is part of the national police . Defense assistance is provided by France and Spain under an informal agreement between the three countries.
Adams Barrow promises to step down after a 3- year term, but now he is changing his mind and planning to run for the upcoming That is maybe why Jammeh want to go back home and vote ,
Gambia’s Jammeh Seeks Return to Nation He Ruled For 22 Years By Modou Joof January 11, 2020, 9:25 AM EST Exiled ruler wants international bodies to enforce 2017 deal African nation of 2 million people will hold vote next year
Gambia’s exiled former dictator, Yahya Jammeh, is seeking his political party’s support to return to the West African nation he ruled for 22 years.
The Alliance for Patriotic Reorientation and Construction party is already planning a protest calling for the United Nations, the African Union and the Economic Community of West African States to follow through on their commitment to ensure Jammeh could return to Gambia, its deputy leader Ousman Rambo Jatta said by phone Saturday from the capital, Banjul.
The international bodies included the clause that he could come back at “a time of his choosing” in a January 2017 deal to end the month-long political impasse triggered by Jammeh’s refusal to step down for the winner of a December 2016 vote, Adama Barrow.
Jammeh, 54, has been living in Equatorial Guinea ever since a regional armed intervention enforced the election result. Barrow is expected to run for re-election in 2021 despite an earlier agreement to step down after a three-year transition period. Gambia, home to about 2 million people and surrounded by Senegal except for its access to the Atlantic Ocean, has never had a smooth transfer of power.
Foreign Affairs › Re: Trump Administration To Add Nigeria To Travel Ban. by panafrican(m): 5:51am On Jan 23, 2020
