Anonymous ID: 6eb970 April 2, 2020, 2:48 a.m. No.8659433   🗄️.is 🔗kun

https://www.algoafm.co.za/domestic/unauthorised-flight-with-single-passenger-on-board-lands-at-or-tambo

 

A private chartered aircraft with a single passenger on board made an unauthorized landing at the OR Tambo International Airport on Wednesday.

 

A spokesperson for the Transport Ministry Ayanda Allie Paine says the flight from Harare, Zimbabwe landed mid-afternoon.

 

The passenger, who is an Italian national with a South African passport was not allowed to enter the country and the man and his crew were ordered to leave.

 

The individual initially refused to leave but after intervention from SAPS the aircraft left the South African airspace on Wednesday night.

 

Transport Minister Fikile Mbalula has called for a full investigation into the incident.

 

The Department, working closely with its aviation entities, is reviewing the applicable protocols to ensure that only flights with the necessary approval are allowed to enter the South African airspace.

 

This requires seamless coordination between the Department of Transport, the Air Traffic Navigation Services (ATNS) and the Airports Company South Africa (ACSA).

Anonymous ID: 6eb970 April 2, 2020, 2:52 a.m. No.8659451   🗄️.is 🔗kun   >>9466 >>9514 >>9669 >>9905 >>0056

https://www.nation.co.ke/news/world/Duterte-tells-police-shoot-lockdown-troublemakers/1068-5511822-85n0kt/index.html

 

My orders are to the police and military – also village officials – that if there is trouble or the situation arises that people fight and your lives are on the line, shoot them dead," Duterte said.

 

"Instead of causing trouble, I'll send you to the grave," he said, adding that the outbreak is getting worse more than two weeks into the lockdown.

 

The Philippines has so far detected 2,311 cases and reported 96 deaths, but the country has only begun ramping up testing and so the number of confirmed infections is expected to keep rising.

 

……….

article obviously edit his speech to remove any context

Anonymous ID: 6eb970 April 2, 2020, 3:27 a.m. No.8659578   🗄️.is 🔗kun   >>9605

https://www.zerohedge.com/markets/fed-panics-foreigners-dump-record-109-billion-us-treasuries

 

The ongoing liquidation in foreign Treasury holdings - largely the result of the continued collapse in the price of oil as oil-exporters are forced to liquidate assets to obtain much needed dollars - led to the Fed's panicked scramble to announce a foreign central bank repo facility, which it did on Tuesday morning, when it stopped short of saying it wanted to prevent a cascading domino effect from the Treasury liquidation, but made it very clear that the program will provide "an alternative temporary source of U.S. dollars other than sales of securities in the open market."

 

Translation: stop selling Treasurys as the world's (formerly?) most liquid market is now suddenly extremely illiquid, and ongoing sales will only further destabilize it.

 

Credit Suisse rate strategist Jonathan Cohn echoed Rajappa saying the new repo facility "effectively backstops foreign central banks from forced liquidation of their Treasury holdings into dysfunctional markets."

 

The new repo program "is a sensible second-best solution for major countries that are outside the enlarged Fed FX swaps network but have substantial corporate dollar funding needs," said former NY Fed spokesman Krishna Guha, currently head of central-bank strategy at Evercore ISI. "This group includes China, which ought to be eligible for the new program, though the Fed release is not clear on this point."

 

So will the Fed succeed in halting foreign Treasury sales thanks to the brand new repo facility? Or will foreign central banks skip the repo facility, just as US dealers have done for the past 2 weeks, and continue to liquidate forcing the Fed - that last resort monetizer of US deficit and debt issuance - to buy even more Treasurys each day?

 

We'll know the answer this time next week when the latest custody data is released, and this time it will include the fully functioning foreign repo facility.