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28 May 2016 02:02 (South Africa)
World

While you were sleeping: 8 January 2016

  • John Stupart
    John Stupart
    John Stupart

    John Stupart is the editor of the African Defence Review. He has completed his masters in War Studies at Kings College and has blathered endlessly on several mediums on all things pertaining to African defence policy, strategic, operational and tactical challenges. Most importantly, he brings you DailyMaverick's First Thing daily newsletter each morning.

  • World
Joan Barreda Bort of Spain rides his Honda during the fourth stage of the Dakar Rally 2016 in Jujuy province, Argentina, January 6, 2016. REUTERS/Marcos Brindicci TPX IMAGES OF THE DAY

China's markets tumble, North Korean sanctions loom, and Event Horizon is coming in 2017.



“The older I get, the less interested I am in how the West sees Africa, and the more interested I am in how Africa sees itself.”
Chimamanda Ngozi Adichie
WHILE YOU WERE SLEEPING

China's 2016 had all the promise of robust economic activity. This has now promptly gone right over the railing and into the deep end. China and Asian markets in general are set for their worst week in four years. Investors are dumping risky assets left right and centre, amidst a gloomy outlook for China's recovery. Markets around the world have also been hurt, however, lest anyone think the gloom is restricted to Asia.

Adding insult to the market-related injury, United States secretary of state John Kerry has told China to get tough on North Korea. Kerry's remarks were based on the argument that China's soft diplomacy has failed miserably. North Korea possibly detonating a hydrogen bomb would, after all, prove a strong supporting point for such an accusation. The United States, however, consider an almost-complete economic and trade isolation of North
Korea to be the correct solution.

President Barack Obama is due to meet with Silicon Valley bigwigs today.
The topic? Terrorism. More specifically, how to combat terrorism through technology. Google, Facebook, Twitter and Microsoft will all be in attendance today, as well as Apple's chief executive Tim Cook. 

A network of nine telescopes are due to capture a black hole's event horizon in 2017. The Event Horizon Telescope project has completed technical preparations for capturing this momentous occasion. The project will focus on Sagittarius A*, a black hole in the Milky Way's centre. Sagittarius A* appeared to win out as a target over China's markets right now, but it was a close decision.

Gabon striker Pierre-Emerick Aubameyang has been chosen as the Confederation of African Football's player of the year. Aubameyang narrowly beat Ivory Coast's Yaya Toure. The first footballer from Gabon to win the award, the Bundesliga striker has led the pack in goals scored this season, currently sitting at 18 in 17 matches.
 

FINANCIAL INDICATORS


Oil=$34.19 Gold=$1,108.44 Platinum=$873.80
R/$=15.95 
R/€=17.33 R/£=23.28 $/€=1.08
JSE All Share=48,052.78
 DJIA=16,598.16 FTSE 100=5,954.08Source



IN NUMBERS


64

The percentage of adult Americans who 'give'. In this case, 'giving' is defined as those who in a month gave money to charity, gave time to those in need or helped a stranger. South Africa rated 40 percent.


Today in 1912 the ANC was founded. Now, over a century later, the founding words of unity couldn't be farther from the reality.

Fact of the day: The United Nations' library recently announced its most checked-out book. This was, depressingly, the doctoral thesis Immunity of Heads of State and State Officials for International Crimes

Weather: 

Bloemfontein: min: 19° max: 34°, sunny
Cape Town: min: 17° max: 28°, cloudy
Durban: min: 21° max: 23°, rainy
East London: min: 19° max: 22°, rainy
Johannesburg: min: 19° max: 33°, rainy
Kimberley: min: 21° max: 34°, sunny
Nelspruit: min: 18° max: 29°, rainy
Pietermaritzburg: min: 16° max: 19°, rainy
Polokwane: min: 18° max: 32°, rainy
Port Elizabeth: min: 18° max: 24°, cloudy
Pretoria: min: 20° max: 33°, rainy

 
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Davies: Deal 'cracked' to keep South Africa in Agoa
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South Korea seeks US strategic weapons after North's nuclear test
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Rupture with Iran may not have been Saudi aim, but Riyadh has no regrets
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​Dirk de Vos: Groucho Marx and the Nuclear Energy Sector – a response to Ivo Vegter
Nuclear has to be large and while it shares the characteristics of other megaprojects of being over budget, over-time, every time, nuclear has a particularly bad record. The main problem with this is that one cannot do a proper comparative analysis – we compare what the nuclear vendors say they will deliver (as opposed to what we see with our own eyes) against other options, say like renewables, that have a record of delivering exactly what they are contracted to deliver.
  • John Stupart
    John Stupart
    John Stupart

    John Stupart is the editor of the African Defence Review. He has completed his masters in War Studies at Kings College and has blathered endlessly on several mediums on all things pertaining to African defence policy, strategic, operational and tactical challenges. Most importantly, he brings you DailyMaverick's First Thing daily newsletter each morning.

  • World

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