ty frb
98-0002 USAF C-32A and SAM647 USAF C-32As departed JBA to Paris
0-3 on having AF2 on Int'l departures for Kneepads and crew.
On the return leg from Hanoi earlier this year it was given back prior to arrival at Hickam AFB at a ground stop/refuel.
Same with the Mexico trip-returned on last leg.
Kamala Harris and Doug Emhoff Head to Paris for First European Trip
Vice President Kamala Harris and Second Gentleman Doug Emhoff are bound for Paris.
Scheduled to leave late Monday for five days in her first European trip as vice president, Harris will meet with French President Emmanuel Macron, honor American troops on the eve of Veterans Day and represent national interests on a number of issues outlined by senior administration officials during a recent call with reporters. The trip comes soon after President Joe Biden and First Lady Dr. Jill Biden met with Macron and his wife, Brigitte in Italy last week. French-U.S. relations hit a rough patch in September over a nuclear submarine deal with Australia that had the French foreign minister claiming his country had been stabbed in the back.
https://news.yahoo.com/vice-president-kamala-harris-doug-010508402.html
BOXER40 USAF C-40C on final at Tel Aviv from Doha Int'l Airport Qatar
ELIA21 USAF RC-135 Rivet Joint done in North Black Sea off Crimea and heading back to Souda Bay, Crete
Turkish AF EJDER01 E-7T Wedgetail south of Cyprus on the track
HOTRD88 USAF E-4B Nightwatch departed JBA after yesterdays 'drill' wif Capitol Police and heading back to Lincoln Muni Airport, NE
>>107241 pb
TSLA Plummets: $150BN In Market Cap Gone In Minutes; Did Elon Start Selling?
Many traders were confused by yesterday's TSLA action where the stock rebounded and nearly closed green on Monday despite Musk's rather explicit advance notice over the weekend that he would sell 10% of his TSLA holdings (after a twitter poll told him to do so). Well, maybe it has finally dawned on the market just how big the impact of Musk's sale would be, or alternatively, he just started dumping because moments ago TSLA stock tumbled moments after the open, plunging more than 10%, and wiping away $150 billion in market cap.
https://www.zerohedge.com/markets/tsla-plummets-150bn-market-cap-gone-minutes-did-elon-start-selling
https://finance.yahoo.com/quote/TSLA
China property dives as Kaisa pleads for help, Fed warns of contagion
China's property sector suffered a fresh pounding on Tuesday as Kaisa Group (1638.HK) made a desperate plea for help and the U.S. Federal Reserve sent its first direct warning that the crisis could cause global damage.
Builders' bonds were sold off again after sources in China said Kaisa, which was the first of its developers to default back in 2015, had told a meeting with a government think-tank and some of the country's banks and property firms that it needed help to pay its loans, workers and suppliers.
Other big firms' bonds were tumbling too, with those of R&F Properties (2777.HK) and China Vanke (000002.SZ) - seen as one of the sector's most solid firms due to partial state ownership - seeing their biggest falls on record.
The flare-up came just hours after the U.S. Federal Reserve warned the troubles could pose global risks. Underscoring the liquidity crunch, Fitch downgraded Kaisa closer to default on Tuesday, citing its deteriorating finances, struggle to sell assets and undisclosed debt in its wealth management unit. Kaisa is only China's 25th largest developer by sales but only Evergrande, the poster child for the current crisis, has a bigger bond repayment bill next year.
It attended a meeting on Monday with the Development Research Center of the State Council, other developers and lenders in the southern Chinese city of Shenzhen, one well-placed source told Reuters.
The think-tank makes policy proposals on China's national development and its economy, but is not a decision-making body.
At the meeting, Shenzhen-based Kaisa urged state companies to help struggling privately run peers by buying some of their projects and making other strategic purchases, the source added.
Participants at the meeting included China Vanke (000002.SZ), Ping An Bank (000001.SZ), China Citic Bank , China Construction Bank (601939.SS), CR Trust, Southern Asset Management and developer Excellence Group, according to the source.
https://www.reuters.com/world/china/chinas-state-council-held-meeting-with-property-developers-banks-source-2021-11-09/
82-8000 USAF 747 up from JBA on a cert./maintenance flight
Still no 92-9000 747 and wif kneepads departure last night to Paris >>107303 there is still no sightings of 98-0001 C-32A as well
00083 and 00029 US Army UH-72A Lakotas wif 15-5893 USAF C-130J off Manhattan at low altitude and hanging around over the Hudson
Kenya to Raise $1 Billion in Debt Next Year for Oil Project
Kenya plans to raise $1 billion of debt to buy a stake in an oil project operated by Tullow Oil Plc and its partners.
The fundraising is likely to happen next year as Tullow, Africa Oil Corp. and TotalEnergies SE have until December to submit a plan to develop the resource before their production sharing agreement with the government expires, Leparan ole Morintat, chief executive at National Oil Corp. of Kenya said in an interview. National Oil Corp. will commence the fundraising to take up the back-in rights as soon as the field development plan has been submitted, Morintat said in Dubai. The $3.4 billion project will be a game changer for East Africa’s largest economy that is a net fuel importer. Once complete it will include a pipeline to the coast for exports and an estimated output of 120,000 barrels a day, with expected gross oil recovery of 585 million barrels over the full life of the field. The debt will be used as an equity injection in Kenya’s oil company to fund its portion of the project, which includes a heated pipeline.
Tullow and its joint venture partners are also seeking strategic investors for the Kenyan project. The national oil company is currently in talks with energy giant Saudi Aramco as well as other firms as it searches for a non-equity strategic partner for its downstream business. “We are looking at signing a public-private partnership deal from a national oil corporation,” Morintat said. “Depending on how much capital outlay they are going to put in we can agree on the duration and terms and the kinds of security they want.” The state-owned firm already has a memorandum of understanding with Aramco “to guide on negotiations,” according to Morintat. It is also talking to other players, but favors state-owned national oil corporations where government-to-government deals can be signed, he said.
If a partner isn’t secured, they will still go ahead but with expensive local capital, Morintat said.
https://www.bnnbloomberg.ca/kenya-to-raise-1-billion-in-debt-next-year-for-oil-project-1.1679320
Japan ruling coalition agree on 100,000 yen cash handouts, vouchers
Japan's ruling Liberal Democratic Party and its coalition partner agreed Tuesday on a measure to distribute cash and vouchers each worth 50,000 yen ($443) to people aged 18 and younger to address the economic fallout from the coronavirus pandemic.
LDP Secretary General Toshimitsu Motegi and his Komeito counterpart Keiichi Ishii agreed to quickly hand out the cash and then provide the vouchers toward spring, but Motegi's proposal to exclude higher income households remains up in the air. The benefit program is a part of an economic package promised by Prime Minister Fumio Kishida. The Japanese leader is seeking to advance his policy agenda in the wake of the LDP maintaining its lower house majority in the general election on Oct 31.
Kishida said at a meeting Tuesday of LDP executives that he wants to "speed up arrangements with Komeito on the economic package and compile it on Nov. 19," while adding he wants to draw up the required supplementary budget for fiscal 2021 within this month.
Kishida, who also heads the LDP, said he will present the overall picture of his government's coronavirus response on Friday.
Komeito has called for cash handouts or other forms of benefits worth 100,000 yen per person to be distributed to everyone aged 18 and below, as it vowed to do during campaigning for the House of Representatives election.
In contrast, the government and the LDP sought to exclude higher-income households, fearing criticism that it is splashing cash in the run-up to the House of Councillors election next year.
Motegi proposed setting a means test in which households with an annual income of 9.6 million yen or above would miss out.
https://english.kyodonews.net/news/2021/11/dd93f76225bb-japan-ruling-coalition-agree-on-100000-yen-cash-handouts-vouchers.html
Bribing the kids nao
>>107071 pb Japan eyes over 30 tril. yen economic stimulus to fight pandemic
'The Big Short' investor Michael Burry says Elon Musk may want to sell Tesla stock to cover his personal debts - and compares the current market to the Dutch tulip bubble
Michael Burry rejoined Twitter this week to suggest why Elon Musk is suddenly interested in selling Tesla stock, and to sound the alarm on dangerous speculation in financial markets.
"Regarding what @elonmusk NEEDS to sell because of the proposed unrealized gains tax, or to #solveworldhunger, or ... well, there is the matter of the tax-free cash he took out in the form of personal loans backed by 88.3 million of his shares at June 30th," the investor tweeted.
Musk recently offered to sell $6 billion worth of Tesla stock if UN bosses could explain to him how the sum would solve world hunger. The Tesla CEO also launched a Twitter poll asking whether he should sell 10% of his holdings, citing pressure from US lawmakers who are pushing for a "billionaire tax" that would target the ultra-wealthy's unrealized stock gains.
Burry's tweet implies those might just be excuses. The investor of "The Big Short" fame and head of Scion Asset Management posted a link to a SEC filing in August, which noted that Musk has pledged about 88 million shares, or 36% of his total stake, as collateral for personal loans as of June 30. Musk had 41% of his shares pledged as collateral for his debts at the end of December last year, and 48% as of June 30 last year, previous filings show.
Burry appears to be suggesting that Musk isn't eyeing a stock sale in order to feed millions of people, in response to a legislative proposal, or because he could face a $10 billion tax bill when he exercises a slew of stock options that expire in August 2022. Instead, Burry's theory is that Musk needs some cash to service the loans he's taken out using his Tesla stock. That practice drew heavy scrutiny this summer after a ProPublica investigation detailed how some of the world's wealthiest people borrow against their stock to minimize their tax burdens.
Besides tweeting about Musk, Burry marked his return to Twitter with a new header image. His choice of "Satire of the Tulip Mania," a painting by Jan Brueghel the Younger that ridicules the Dutch tulip bubble in the 1600s, is undoubtedly a fresh warning about the current market mania. The painting depicts tulip speculators as mindless monkeys, and shows them weighing the bulbs, counting money, taking inventory, and going into debt, fighting over, and even dying for the flowers.
Burry has painted the immense hype around meme stocks and cryptocurrencies, and the frantic buying of Tesla shares and other assets, as clear signs of rampant speculation. Moreover, Burry has diagnosed a historic market bubble and predicted a devastating crash in recent months. His fund also held bearish put options on shares of Tesla and Cathie Wood's Ark Invest at the end of June. Given that context, his choice of Twitter image suggests he sees history repeating itself.
Elon Musk and Tesla did not immediately respond to a request for comment from Insider.
https://markets.businessinsider.com/news/stocks/big-short-michael-burry-elon-musk-tesla-stock-market-bubble-2021-11
C101 US Coast Guard G5 departed Reagan National sw....at 43k ft nao
NY Fed Q3 Report: Total Household Debt Climbs to Over $15 trillion
From the NY Fed: Total Household Debt Climbs to Over $15 trillion in Q3 2021, Driven by New Extensions of Credit
From the NY Fed: Aggregate household debt balances increased by $286 billion in the third quarter of 2021, a 1.9% rise from 2021Q2, and now stand at $15.24 trillion. Balances are $1.1 trillion higher than at the end of 2019 and $890 billion higher than in 2020Q3, and $2.57 trillion higher, in nominal terms, than the $12.68 trillion peak seen in 2008.
The second graph shows the percent of debt in delinquency.
The overall delinquency rate decreased in Q3. From the NY Fed: Aggregate delinquency rates have remained low and declining since the beginning of the pandemic, reflecting an uptake in forbearances (provided by both the CARES Act and voluntarily offered by lenders), which protect borrowers’ credit records from the reporting of skipped or deferred payments. As of late September, 2.7% of outstanding debt was in some stage of delinquency, a 2.0 percentage point decrease from the fourth quarter of 2019, just before the COVID-19 pandemic hit the United States. Of the $412 billion of debt that is delinquent, $302 billion is seriously delinquent (at least 90 days late or “severely derogatory”, which includes some debts that have been removed from lenders’ books but upon which they continue to attempt collection).
The third graph shows Mortgage Originations by Credit Score.
From the NY Fed: The credit scores of newly originated mortgages had increased in the early part of the pandemic, and although they edged down slightly, they still remain very high and reflect a continuing high quality of newly opened mortgages as well as a higher share of refinances. ... There was $1.11 trillion in newly originated mortgage debt in 2021Q3, with 69% of it originated to borrowers with credit scores over 760. 2% of newly originated mortgages were originated to subprime borrowers, a sharp contrast to the 12% average seen between 2003-2007.
https://www.calculatedriskblog.com/2021/11/ny-fed-q3-report-total-household-debt.html
forgot dis
https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/pdf/HHDC_2021Q3.pdf
123456 USAF U-2S Dragon Lady out from Skunkworks at 60k ft
>Newsome located at ostentacious getty wedding
and we all paid for Nancy to be there to 'officiate'.
Cap#1 arrival on Saturday
Cap#2 departure on Sunday
>Newsome long gunmint paid run.
Stuck with him unless he is ded'd soon.
But then it's the classic meet the new boss....possibruh in other states but they habs a grip on dis palce and not letting go.
>Nancy
She don't wanna own any of 'dis.
As if moving to FL would change any of that.
She wuz dhere on 1029 looking for houses
Part of the tarmac party at Miami Int'l along with these.
Myanmar court sentences arrested politicians to 75-90 years
A court in Myanmar sentenced two members of ousted leader Aung San Suu Kyi's political party to 90 years and 75 years in prison on Tuesday after finding them guilty of corruption, their lawyer said.
The sentences appeared to be the most severe so far for any of the dozens of members of Suu Kyi’s National League for Democracy who were arrested after the military seized power on Feb. 1. Former Kayin state planning minister Than Naing was convicted by the state court of six corruption charges and given a 90-year prison term, including labor, lawyer Zaw Min Hlaing said. The second defendant, Nan Khin Htwe Myint, 67, the former chief minister of Kayin state and a top member of Suu Kyi's political party, was sentenced to 15 years in prison on each of five charges, Zaw Min Hlaing said.
Suu Kyi is also being tried on corruption and other criminal charges that her supporters say were concocted to discredit her and legitimize the military’s seizure of power. Virtually any conviction would prevent her from running in elections that the military-installed government has promised to hold by 2023. Nan Khin Htwe Myin, a member of the party’s Central Executive Committee, is a veteran pro-democracy activist who was first arrested in 1974 during a student protest under a previous military government. She was arrested at least two more times before she won election to the state parliament in 2012 and 2015, after which she was appointed state minister. She is known for being a close colleague of Suu Kyi.
She was detained by soldiers on Feb. 2 and placed under house arrest, where she made a live-streamed broadcast calling for civil disobedience against the army takeover. She was then arrested on Feb. 8.
moar
https://www.newsmax.com/world/globaltalk/myanmar-politics/2021/11/09/id/1043912/
good here