Ok, here's my first bash at how I think UK-EU fisheries will be managed in future now we have the agreement

It’s quite complicated in parts, so would appreciate any corrections…

@StevePeers @BD_Stew @AntonSpisak (& others)

1) QUOTAS: For the next 5.5 years (until end-June 2026), each side’s quotas are set out in the agreement

This amounts to a 25% value reduction for the EU gradually over this period

2) These quotas shares set a new baseline for 2026, but they will be up for negotiation from thereon

3) CATCH LEVELS: However, they will still both need to negotiate overall allowed catch levels for each year, starting in 2021

By 31 Jan, a schedule must be agreed for talks, culminating in final agreement by 10 December (this fits in with the internal EU fisheries negotiation)

4) PROVISIONAL ACCESS: If there’s no agreement by 20 December, each side will apply a provisional allowable catch level for 1 January, defined by the International Council for the Exploration of the Sea based on scientific recommendations

Resignations in the news 12/21/2020 thru 12/25/2020

From Anon

Longtime executive at Maine Public retiring after 40

Rehoboth Beach Patrol Captain Submits

SEC Chief of Staff Sean Memon Announces Plans to Conclude

WVa Governor's Chief of Staff Mike Hall

The political chief at Mark Zuckerberg’s philanthropy is stepping

Fish thread.
Having read the Brexit deal, I believe B. Johnson misled the nation on Thurs when he said Britain could catch “all the fish that it wants ” in UK waters in 5 years’ time. The clear presumption in the text is that EU fleets will have similar access after 2026.1/12

The UK fish industry will have to pay a high price in EU import tariffs if that access is withdrawn. Overall… the deal falls far short of the exaggerated “sea of opportunity” promises made to UK fishermen. 2/12

The headline quota compromise - reducing EU catches in the UK 200 mile zone by 25% over five and a half years – is balanced enough. But different fishers will study the small-print with delight OR anger. Some EU quotas will be cut more than others. 3/12

Fisheries, we were told, would be a big Brexit winner. No it won’t. On this deal, the UK industry will certainly lose more from Brexit (no more frictionless access to the EU market) than it gains (incremental, extra quotas over the next 5 years). 4/12

First…the length of the deal. The 5 and 1/2 years of cuts in EU quotas/increases in UK quotas, are laid out in annexes to the main treaty. The last column says “2026 onwards” In other words, the presumption is there will be no further cuts in EU quotas after that date. 5/12

@rajnathsingh @DrSJaishankar @3DArnab @AjitPawarSpeaks @PawarSpeaks @uddhavthackeray @sardesairajdeep @yadavakhilesh @NSAajitdovalind @_YogendraYadav @KapilSibal
# There can not be law for every thing....
Contract farming or farming done by taking agricultural land on rent

or group farming by making '" land banking " can be done efficiently only by convencing and educating people by co-operative movement ( sahakar movement)

# Government should concentrate only and only on creating grivence redressal machanism.... which can

be used to solve the dispute if arised between farmers and pvt. players.

# While creating law , which can help to solve the problems of farmers , one should make it clear that any case which is admitted in the courts, will be tested on certain laws like IPC/CRPC or civil laws

# Either law should be strong enough to protect the interests of farmers and should sufficient to solve the issue...... If not that law can be harmful.... previous law's maybe sufficient to adress all problems that may arise related to farmers bcoz agriculture is the

oldest profession known to human being.

# In the case of farming done by pvt. players by taking land on lease or on rent there should be income tax on income earned by the farmer.....as this is not a income from agricultural produce .

Can I just point out that it has been admitted that the British & US government told us masks made no difference because they didn’t have enough even though they knew this wasn’t true

Like this is fact not even speculation. Healthcare workers didn’t have PPE there wasn’t enough to go to them and the public so they told the public masks had no scientific evidence behind them so people would stop buying them

The conspiracy theories wind me up so much because of this exact point. The truth is equally scandalous we don’t need some 5G theory

The arrogance of the west has caused the deaths of hundreds of thousands, desecrated the economy & caused a mental health crisis. There’s no conspiracy theory you can create that is worse than the actual truth of what’s happened this year.

America and the UK was warned about an impending pandemic at the beginning of January - they both chose to ignore it, they had time to start buying PPE in January, they didn’t. When they started making PPE instead of giving it to their citizens they sold it to China.

1/ Thread: You are not a lottery ticket

Peter Thiel is a contrarian. In 2013, he spoke in SXSW pushing against the conventional wisdom of luck’s outsized role.

2/ I like Thiel’s ideas not because I fully agree with them, but because he consistently pushes against ideas that seem settled.

Peter showed a simple 2x2 framework to make his case.

Are we optimistic/pessimistic about the future?
Is the future determinate or indeterminate?

3/ Optimists think about the promises of the future whereas pessimists deeply fear the future.

If the future is determinate, you should have strong conviction. If it is not, you should heavily diversify.

4/ In the 50s-60s, Americans not only believed they would be at the forefront of progress but also had big, hairy audacious projects in mind that would materialize the definite future they had in mind.

5/ US, generally speaking, still remains optimistic perhaps by just extrapolating the past, but the future vision seems increasingly unclear.

Japan and Europe probably need no explanation at this point.

Coming to you live from the back of a police van

I was on my way from getting beer walking back to the car bangvala

Yerr it's hot back here. There's no air at all

We're driving around Kasi now. I hope we see some action. Shootout nyana

We just made a stop at a car wash. Ziyasha

The Next 20 Years

Just look around you in Nigeria, for example. 20 years ago, the ATM machine was a novelty. No bank issued debit cards- maybe just the foreign ones. There were no banking apps. You couldn't transfer funds the way we do now.

It took 7 days for your 'upcountry' cheques to clear- meaning that if someone pays you a cheque in Sokoto and you pay it in in Ibadan, you had to wait for 7 days to receive value. Later, it became 3 days.

I recall as a young banker, I used to go to the CBN Clearing House with a box that was locked by my supervisor and which could only be opened by the CBN Clearing Supervisor. I carried that box like it was my life.

I had cheques of other banks and a very huge calculator we called casting machine inside that 'portmanteau'.

Around this period 20 years ago, there was an influx of new generation banks that changed the landscape. Now, see how the banks have changed in 20 years. In just 20 years, the banking sector in Nigeria is the one of the most sophisticated in Africa. So much progress has been made

The story of Smallpox and how it was conquered....

A thread

12,000 years

That's how long Smallpox had been around, decimating whole civilizations and even wiping out others completely...the fall of the Roman empire was partly due to Smallpox

For years, this disease kept popping up and killing millions without a cure in sight

But it was until the 6th century that the disease really started making mad moves when it landed in Europe which was becoming a highly populated continent. That was when smallpox started doing big league numbers

This was later spread to other continents like Africa, Asia and the Americas, taken there by European traders and religious missionaries who wanted to spread the gospel to the "savages" who were doing very okay

We have all read, or at least some of us, about how smallpox was the major reason why conquering North America was easy, the white missionaries gave out blankets deliberately infected with smallpox to the native Indians and the disease took out 90% of indigenous people

Below are some of the most interesting business stories I came across in 2020.

P. S The list is not exhaustive.

1) PSG unbundled it's 28.1% ownership of Capitec.

2) MTN sold a minority stake in Jumia Technologies for R2.3-billion.

3) Dischem has completed the acquisition of Medicare Health for R282million

4) TFG bought 381 Jet stores from Edcon for R480m.

5) Capitec entered into a partnership with SA Home Loans to offer home loans.

6) Food Lover’s Market has started closing outlets in Zambia.

7) Sasol sold 50% of the "base chemicals division" at Lake Charles which equates to ~25% of total Lake Charles project. Sasol will still retain around ~75% of the total Lake Charles Chemical Project.

8) Sasol agreed to sell its 50% stake in Gemini for R6.2bn.

9) Tongaat Hulett sold its starch and glucose business to Barloworld for R5.26bn. The group has used R4.64bn of this to pay down debt.

10) The Competition Commission approved Nimble Fund 1’s intention to acquire Edcon Book Debts.

11) Greg Maloka has decided to resign from Kaya.

12) Ethos Private Equity has won a contract with Ninety One to take on an advisory contract for Ninety One's Africa Private Equity funds.

Ninety One will maintain control and oversight of the portfolio, while Ethos will manage the assets

13) Bidvest Wits sold to TTM

The attention of the All Progressives Youth Forum (APYF) has been drawn to a news item published yesterday, December 25, in the online edition of the PUNCH which reported a certain Bishop Matthew Hassan Kukah of the Sokoto Catholic Diocese as saying that there would have..

..been a coup or even war if a non-Northern Muslim is on the seat of power and does what President Buhari is doing.

Bishop Kukah, who made the assertions in his 2020 Christmas message titled, 'A nation in search of vindication' was quoted as saying: "Every honest Nigerian knows that there is no way any non-Northern Muslim President could have done a fraction of what President Buhari has done..

by his nepotism and gotten away with it."

It's quite unfortunate that a well respected religious leader like Bishop Kukah would choose the very period of rebirth and healing to speak of coup and war.

Well, Kukah is a bishop, Perhaps he sees and hears things mere mortals can't see.He said there could have been a coup if Buhari were not the president.

The idea is that Buhari's sins and incompetence necessitate a military coup. Kukah is a bishop, otherwise, I would have said he is serpentine. Regardless of how well or badly Buhari might have functioned, the suggestion of the probability or propriety of a coup is mischievous.

But Kukah is a bishop so I won't say he is a trouble maker. Let's just say he is mistaken. In 2018, Kukah resurrected Atiku and helped cleanse him of political leprosy. It was in desperation to unseat Buhari. Kukah and company lost woefully.

Today, Kukah, the democrat, is talking about a coup. When the bible forbids certain things it says, let it not be heard amongst you. One would think that a coup is a word that shouldn't ever come out of Kukah's mouth.

The coup Kukah is hinting about would have been staged by a section of the country to correct Fulani nepotism or domination, right? Kukah is the leader of the peace committee but here he was throwing firewood into the fire in the name of telling the truth.

Holy shit. 8000 crores raised IN NFOs in a month. Look at the schemes, all pointless garbage!

https://t.co/jZoancOqqa

If you look closely, 4 out of the 6 top NFOs in terms of money raised are from bank owned NFOs. These AMCs are notoriously skilled at selling garbage funds through their banking channels. They've turned mis-selling into an art. They're are Picasso's of mis-selling

One would be excused for thinking these are intent based allocations by investors which isn't the case. These funds would've been sold mis-sold by any way possible. Bank RMs are incentivized to do so.

Otherwise, in a country where people don't understand a simple mutual funds, expecting people to understand a worthless and pointless ESG fund a d then allocating 1500 crores is a mega stretch. ICICI Pru too had raised 1000+cr for its ESG fund.

The fact that these new funds are raising so much money to me is a negative. In a time like this, where will retail investors find fresh money to allocate? Which means they must doing stupid things like selling other funds.

Thread for Saturday Dec 26, 2020
After Christmas, is time to capture hundreds of enemy forces!
@realDonaldTrump
#FalseFlag
#WeAreTheNewsNow
#DigitalSoldiers
#GODSPEED
@DanScavino
@NCSCgov
@SidneyPowell1
@GenFlynn
#Trump
#MAGA
#KAG

There is so much wrong with this article, it's hard to know where to begin. Lesbians are not extinct, nor are lesbians close to extinction. The L Word has never really been as popular as "gay" & this has long been the case, it's not a new thing....

Then in the context of Queer activism, DIY activism & the burgeoning internet culture in the 90's younger adults did not seem to like to be labelled, or boxed into labels. It is still popular for younger adults to describe themselves as fluid, in terms of sexuality, gender...

Earlier, 70s/80s there had been an attack on #butch lesbians in the LGBT community, not from trans women, but from lesbian feminists & lesbian feminist theory, which branded butch #lesbians sadomasochists copying het roles & eroticising sexism & the oppression of femme lesbians..

There was also the so-called 'lesbian sex-wars' of the 80s which was really about Radical Feminist theory & lesbian feminist theory politically critiquing the industries of porn & prostitution, but also reflexively critiquing sexual practices like BDSM in the lesbian community...

There should always be space for such reflexivity, but what this was turned into was a false dichotomy between 'anti-sex' & 'pro-sex' feminists. This played into ancient misogynistic beliefs about lesbians as prudish, ugly, non-sexual, monstrous spinsters etc etc, NOT that this..

AIKS condemns @PMOIndia's resort to lies and deceit to deliberately mislead Indian farmers about Kerala Agriculture and role of the Left Democratic Front Government. His comments expose his ignorance about Kerala’s agriculture. THREAD. /0

Kerala never passed an APMC Act due to the predominance of spices and plantation crops in the cropping pattern. Kerala's agriculture primarily revolves around commercial crops which occupy about 82% of the cultivated area. /1

Crops like coconut, cashew, rubber, tea, coffee, different spices like pepper, nutmeg, cardamom, cloves, cinnamon etc grown by Kerala farmers have had their own specialised marketing channels sponsored by the concerned commodity boards under by the Ministry of Commerce, GoI. /2

Different Commodity Boards like Rubber Board, Spices Board, Coffee Board, Tea Board, and Coconut Development Board and a system of auctions are in place in the State. /3

The prices of all these crops are dependent on the world market prices and except for one crop that is copra (Dry Coconut) the central government does not even announce any MSP. /4