South Africa, World
While you were sleeping: 27 November 2017
Volcano threatens Bali, Trump threatens student debt cancellation, and Pope visits Myanmar.
Monday, 27 November 2017
“(O)ur honeymoon will shine our
Charlotte Brontë
STORY OF THE DAY
amaBhungane & Scorpio#GuptaLeaks: KPMG missed more money laundering red flags
By AMABHUNGANE and SCORPIO
The #GuptaLeaks reveal more KPMG-audited transactions in which the Guptas appear to have laundered money into South Africa. Much of this was purloined from the South African government.
Bali could see an imminent volcanic eruption, authorities reported this morning. Giant plumes of smoke have been issuing forth from Mount Agung for almost a week. Bali’s resident state volcanologist said: “The volcano’s alert level has been raised to the highest level.” That Bali even has a position called “state volcanologist” ought to tell you the severity of the situation.
Russia adds to the Argentine sub hunt
Russia has deployed a sophisticated underwater drone to the search for Argentina’s lost submarine. The robot can search the ocean at a depth of up to 1,000 metres, adding much-needed eyes under the water. Argentina, Britain, Russia and the United States have led the effort in searching for the vessel and her 44 crew.
Trump sets sight on student debt protections
President Donald Trump’s campaign to deconstruct the Obama-era tax structure is now examining student debt. Betsy DeVos, the single worst possible head of the education cabinet, has placed 95,000 student debt forgiveness cases on hold. Many of the cases relate to for-profit colleges accused of gouging students for fees, deliberately withholding graduate rates and employment figures.
The heat is on for Pope Francis as he arrives in Myanmar today. The papal chief travelled to the country to help to resolve the ethnic cleansing conducted by the country’s military against Rohingya Muslims. Perhaps the most significant testament to the pope’s character is the fact that the Catholic head is going to advocate on behalf of a Muslim population.
IN NUMBERS
40%
The percentage of buildings in Manhattan that could not be built today due to construction restrictions.
FACTS OF THE DAY
Today in 1987 South African Airways Flight 295 (Helderberg) crashed in the Indian Ocean, killing 159.
When sleeping in unfamiliar surroundings, half your brain remains alert.
FEATURED ARTICLES
ANC Leadership Race: A Nowhere Land between underground lobbying and open democracy
BY CARIEN DU PLESSIS
Until the culture of impunity ends, we will make no progress on women or children’s rights
A column by JUDITH FEBRUARY
The Palestinian people will forever deserve our unwavering solidarity for freedom
A column by JESSIE DUARTE
Weather
BFN: min: 12° max 27°, rainy
CPT: min: 14° max: 27°, sunny
DBN: min: 14° max: 27°, sunny
EL: min: 13° max: 21°, cloudy
JHB: min: 9° max: 21°, rain
KIM: min: 17° max: 31°, cloudy
NLP: min: 12° max: 21°, cloudy
MHK: min: 14° max: 28°, cloudy
PMB: min: 11° max: 19°, cloudy
PE: min: 17° max: 30°, cloudy
PTA: min: 13° max: 28°, cloudy
Financial Data
Oil=$63.86
Gold=$1,288.37
Platinum=$942.04
R/$=14.12
R/€=16.86
R/£=18.84
$/€=0.83
JSE All Share=60,323.95
DJIA=23,557.99
FTSE 100=7,409.64