3 october 2022

2022 - 10 - 3

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Image courtesy of "DAWN.com"

Cartoon: 3 October, 2022 (DAWN.com)

The BJP is trying to disempower Muslims and erode their religious and cultural identity in the occupied region. Alternative futures. 03 Oct, 2022 ...

...02 Oct, 2022 03 Oct, 2022 AFTER a flurry of activity a couple of months ago, geared towards filling the vacancies in the apex court — an...Updated 03 Oct, 2022

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Image courtesy of "Monocle"

Monday 3 October 2022 - The Monocle Minute (Monocle)

Pension reform in France, Prayuth clings on to power, Germany's mobile farm shop and the Brand New Conference.

During a Q&A that evening, a member of the audience raised his hand: should the house not be returned to how it might have looked when the Schindlers lived there, he asked, with modernist furniture around. Right now it’s just an exquisite wooden shell, a base for the MAK Center for Art and Architecture, which has been seeking donations to safeguard the place and uses its bare interiors to stage exhibitions. The West Hollywood home that architect Rudolf Schindler built for himself and his wife is so in tune with its surroundings that I totally missed it.

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Image courtesy of "MacroBusiness"

Macro Afternoon: 3 October 2022 (MacroBusiness)

AUD/USD. Heading back to that Covid low? EUR/USD. GBP/USD. JPY/USD. USD/RUB. Just for something different. You can see the effect of the outbreak of war, ...

GBP/USD EUR/USD AUD/USD

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Image courtesy of "QuotedData"

QuotedData's morning briefing 3 October 2022 - QuotedData (QuotedData)

Jasmine Yeo has been made co-manager of Ruffer Investment Company (RICA). She joins Duncan MacInnes who has co-managed the company since October 2016. Jasmine ...

In other news, it has been announced that the chancellor, Kwasi Kwarteng, has done a major u-turn on the proposed scrapping of the 45% rate of income tax for high earners (just ten days after the proposal was first announced in his mini budget). As a result, I am announcing that we are not proceeding with the abolition of the 45p tax rate.” Kwarteng has said that scrapping the proposal will allow the government to focus on “delivering the major parts” of the mini budget (the energy price guarantee, cutting taxes and driving supply side reforms and infrastructure projects). BAF’s chairman, David Seligman, says that the underperformance of BAF’s NAV over the period was the result of a significant fall in the value of one of its large US dollar investments, Lineage Cell Therapeutics Inc, which declined by over 35%. - We are delighted to report that just 178,064 shares were validly tendered in Gulf Investment Fund’s (GIF) latest biannual tender offer, equal to 0.43% of its shares in issue as at 20 September 2022. This fall did not fully offset by the 27% increase in the value of BAF’s other large US dollar investment, Geron Corporation Inc. Jasmine graduated from Warwick Business School with a degree in international business with Spanish, and joined Ruffer’s UK private client team in 2017.

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Image courtesy of "ReliefWeb"

Sudan: Ar Rusayris Conflict, Blue Nile, Cluster Response Update No ... (ReliefWeb)

Situation Report in English on Sudan about Coordination, Education, Flash Flood, Flood and more; published on 3 Oct 2022 by OCHA.

The violence that started in July in Wad Al Mahi locality and spread to other parts of Blue Nile displaced over 31,000 people within the Blue Nile and to the Sennar, White Nile and Aj Jazirah States in July. The mission reported that safety and security are among the major concerns. Although leaders of the communities signed an agreement on the cessation of violence in early August, renewed clashes were reported on 1 and 2 September 2022 in some locations in Ar Rusayris and Wad Al Mahi localities.

Up in smoke: The Tipline for 3 October 2022 (Global Competition Review)

For the better part of two years, the Federal Trade Commission litigated against an agreement between Altria and Juul not to compete against each other in ...

Also in Tipline, the Department of Justice fails once again to enjoin US Sugar/Imperial Sugar and Amazon escapes claims that it conspired with publishers over book sales. In shades of AT&T selling off its Time Warner assets, the Marlboro maker is ditching the terms of its noncompete with Juul as the latter struggles to get regulatory approval from the Food and Drug Administration to market its products. For the better part of two years, the Federal Trade Commission litigated against an agreement between Altria and Juul not to compete against each other in the market for vape cigarettes.

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Image courtesy of "Resilience"

The Energy Bulletin Weekly 3 October 2022 (Resilience)

Tom Whipple and Steve Andrews, Editors. Quotes of the Week. “Shale will likely tip over in five years, and US production will be down 20 to 30% quickly.

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