Bloodbath for US stocks as Dow endures biggest points fall in history A trader is shown on the floor of the New York Stock Exchange at the closing bell on Monday A bloodbath for US stock values has seen the Dow Jones Industrial Average suffer its biggest daily point decline in its year history. Global markets have turned sharply lower this month as investors worry about the impact of rising inflation and higher interest rates in the United States. The biggest declines in US stocks – especially financial and energy shares – took place after markets had closed down in Asia and Europe, including London where the FTSE ended the session 1. The contagion was a reaction to Wall Street slipping sharply on Friday following strong US wage data and the drops intensified again just before 8pm UK time on Monday – erasing all ‘s gains for US markets in just minutes with the Dow down by more than 1, points at one stage. Market experts said it represented the biggest fall ever recorded in a trading session for the Dow though it later closed 1, points or 4. Some analysts saw the declines as a return to volatility following a benign But Naeem Aslam, chief markets analyst at Thinkmarkets, believed automated trades – which kick in to reflect sharp market movements – contributed to the steepest declines. But a key jobs report on Friday – showing strong growth in the US labour market – appears to have been the catalyst for the rally to come to a halt, at a time when some observers have suggested a so-called correction might be due. Stronger than expected wage growth in the world’s biggest economy could mean sharper increases in interest rates should the US Federal Reserve feel the need to curb inflationary pressure. Those higher rates will see shares start to look less attractive compared to other investments, particularly with bonds – parcels of government debt, which are offering higher yields.
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Sunday, January 16, Eldoret Beware, here comes the largest post I have ever done. I promised to put up some photos about Eldoret and accompany these with some comments. It was long time ago and since I haven’t posted anything in my blog. Basically the delay was because one day I started thinking that as we soon make a real photo exhibition, I shouldn’t publish any photos before that.
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The county government manages all the city affairs. The city is divided into thirteen wards. All of these three constituencies have more wards within other local authorities than Eldoret municipality. Estates vary in that some are posh and others are residents of the middle class community. Almost each estate has it identity. Economy[ edit ] Large wheat plantation near Eldoret. Sergoit hill seen in the background Eldoret is surrounded by prime agricultural lands and acts as a trading centre for Uasin Gishu’s economy which is driven by large-scale grain farming, dairy and horticultural farming.
The town is also a local manufacturing hub with a number of nationally recognised manufacturing concerns, including Raiplywoods, Rupa Textiles, Kenya Pipeline Company, Kenya Co-operative Creameries as well as corn, wheat and pyrethrum factories all within the town.
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Irungu has been in custody since his arrest on the September 25, while Maribe was arrested on October 1, Irungu and Maribe have been charged with the murder of Monica Kimani whose body was found at her Kilimani apartment on September 19, The two are charged with the murder of businesswoman Monica Kimani. I allowed him to come live in my house and I allowed him to use my vehicle.
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They promise a job – but first you must pay. Please do not send money via Western Union. A painful duty – Exposing the British and Irish connection. What happened to my money? All fraud victims should read this. Many victims seem to have been contacted by the scammers as a result of them putting up a CV at sites like Monster. The use of a Monster address in a fraud mail may simply indicate an attempt at deception. The criminals often use the titles of genuine companies in their scam mailings.
Some will appear below, but of course these companies have no relationship with the scammers, they are just another category of victim. The criminals will also place fake job advertisements in local newspapers.
Partial recognition Comoros has no official diplomatic ties with Israel but the countries engage in mutual trade. Algeria—Israel relations In the mid s, while Israel and North African states slowly started diplomatic relations, Algeria remained one of the last countries to consider such a move. Algeria and Israel do not have diplomatic relations.
Bahrain—Israel relations Relations are generally tense and the two states do not have diplomatic relations.
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BREAKING! ANTI-DP Riots In Eldoret Town, Protesters Chanting “RUTO MUST GO” Slogans
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Facebook has left thousands with no support. The automation does not cover many problems including the rampage of hackers. When will someone send Mark Zuckerberg out to the street so has fans can stone him, old time justice that works. They sent messages explaining that they did nothing wrong and demanded that their access be restored.
Frustrated, the users took action: They filed complaints that ultimately ended up with the Federal Trade Commission. Aggrieved, annoyed and occasionally misguided, Facebook users lodge more than a thousand complaints annually about everything from alleged privacy violations, technical glitches and billing problems with their advertising. The complaints provide a window into the formidable challenge of keeping more than 1 billion users happy.
To protect privacy, the agency redacted the names of people who complained and information related to law enforcement investigations.
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An anti-riot police officer aims a teargas canister while journalists cover an anti-corruption protest in Kenya’s capital, Nairobi. Media reported they were arrested for having bullet-proof gear. Whether or not the arrest was designed to intimidate, it occurred during a period of intimidation faced by Kenyan press before, during, and after the elections. Many journalists were slow to report on the violence that marred the announcement of results , although the international press were able to report freely.
Even as some protests in opposition strongholds and victory celebrations elsewhere turned violent, Kenyan media was silent for the first 12 hours , which left Kenyans grasping at unverified reports on social media. People are questioning the information vacuum: Local press has had to walk a fine line , facing accusations of bias from the opposition and government alike. In the post-election violence of , the media were accused of fueling violence after broadcasting images of battles between police and youth in various parts of the country.
In the elections, much of the Kenyan media avoided reporting on unrest that followed voting that year. Human Rights Watch spoke to journalists and bloggers in Kenya ahead of the election and found that many of them are self-censoring to avoid getting in trouble with the state.
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But there is a billionaire who is little known to majority of Kenyans. And if the year old is not in the league of the super rich, then his current plan to build a Sh billion industrial park in Eldoret town will certainly catapult him to the exclusive club. But history will not pay homage to Langat for simply being filthy rich. If he fails in this mission, then he will be remembered for at least having tried.
He sees himself as a simple man who grew up in the village, herding cows, walking barefoot to a village school and whom through hard work and entrepreneurship, has built a business empire. Instead, he wants to be remembered for what he did for the country, rather than what he did for himself.
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But they are also Kikuyu. Tamms aptly calls it, Half Tribe. Brief momentary flashes that anyone can miss. For instance, there is a way Tamms sometimes yawns that can only be Luo. If you watch a Luo yawn, you will see a big yawn coming from someone who takes yawning very seriously, and at the end of it you will hear them mumble something.
Tamms yawns like that sometimes. She has a Luo yawn. Then she has Kikuyu feet. There is a way Kim loves warus that could only have come from the Kikuyu side. Thank God there was a witness to corroborate this. All the Luos I know would rather use the escalator than the lift. Two small burgers, with open buns. Si we started chowing? Who do I see passing by our table?