Friday, March 11, 2011

Japan Tsunami steals light from Libyan anti-Qaddafi Uprising


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Libyan strongman Muammar Qaddafi who is facing a popular uprising from the East of his country may get a break as a huge Tsunami hits Japan.

Images coming from Japan shows a 4 meter wave sweeping inland, leaving damage to life and property in its wake. The unprecedented occurred about 2:46 PM local time northeast of the Japanese capital Tokyo.

Whereas protesters in Libya who planned a "Day of Rage" in have seen the intense media coverage they have had in the last two weeks overtaken by the tragic events in Japan. There are also concerns regarding statements from Qaddafi's son Saif al Islam about a large scale military offensive against Civilian-Held positions.






Global stock markets are also jittery as uncertainty looms over instability in the Middle East, and now Asia. There is also a major crisis involving many African countries over the disputed presidency of the Cote d'Ivoire, pitting incumbent Laurent Gbagbo and the presumed winner of last November's UN sanctioned presidential election Alassane Ouattara. Cote d'Ivoire is the world's largest producer of cocoa beans.


Most financial and global risk analysts will be paying very close attention to the New York Stock Exchange as it opens Friday, March 11th 2011.


More on the ongoing evacuation and rescue mission in Japan as they happen.

YEN slides following 8.9 Earthquake and Tsunami.


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Following a massive earthquake that struck Japan at about 2:46 local time, Asian Stock Markets have had a rapid decline and especially the Japanese Yen, relative to other currencies like the US Dollar.







According to the US Geological Survey, the epicenter of the earthquake is about 231 miles northeast of Tokyo. Shortly after it struck, television footage showed cars and some buildings being washed by huge waves into the sea.


Friday, March 11 is also the day the has been dubbed the "Day of Rage" in Libya, where protests threaten to topple the 41 year old Qaddafi regime.


There will be a lot of uncertainty  in the financial markets, and a lot of attention will be paid to the New York Stock Exchange when it opens up for business Friday morning.

Massive 8.9 Earthquake Hits JAPAN


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One of the strongest earthquakes on record has hit Japan.  It is reported that the earthquake that hit the Northeastern part of Japan triggered Tsunamis. Waves as high as 4 metres were reported and television footage showed cars, buses, trucks and even buildings being washed into sea.





Naoto Gan, the Japanese prime minister has called for an emergency meeting to coordinate response to the disaster.
A Tsunami alert has been issued for vast areas of the Pacific including hawaii, Taiwan, Malaysia and other countries.


More information as we get news out of Japan.










Thursday, March 10, 2011

Cameroon Bans Twitter: Paul Biya against freedoms

The African Nation of Cameroon has banned access to Twitter. This was
confirmed by a tweet from Internet service provider MTN Cameroon.

Bouba Kaele, a spokesman for MTN Cameroon said on a tweet on the 09th
of March 2011, that due to demands from authorities, his company was
blocking access to the popular Twitter Service.

Paul Biya, who leads the regime that has been in place since 29 years
displays the same characteristics as other regimes that have fallen in
the Maghreb.

There is widespread corruption, and Biya has no clear successor just
like Hosni Mubarak of Egypt.

Furthermore, the country's first female presidential candidate, Kah
Walla was brutalized by Biya sponsored thugs on the 23rd of February
2011.

Paul Biya has also been under scrutiny for investing millions of
dollars in foreign real estate especially in Geneva, Switzerland. A
pro Democracy group, CODE found one such residences and posted videos
on Youtube.

This latest move to ban access to Twitter all over Cameroon by Paul
and Chantal Biya just goes to prove once more the repression that
Cameroonians have had to endure for the last 29 years under Paul Biya.