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Daniela Gabor
@DanielaGabor
, 4 tweets, 1 min read Read on Twitter
anyone knows if WB triggered the “Partial Risk Guarantee” for Nigeria's Azura-Edo plant? google doesnt know :)
also, while on this, anyone knows whether Nigeria & WB have moved ahead with Qua Iboe power plant? punchng.com/foreign-invest…
throwing questions into the ether: has Blackstone sold Black Rhino?
the World Bank/IFC involvement in Nigeria's energy sector is the stuff of Le Carre novels brettonwoodsproject.org/2018/12/world-…
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Daniela Gabor
@DanielaGabor
this tells you how problematic it is to evaluate central banks on their 'inflation-target' performance alone.
It is a criteria of the 2000s, when Greenspan told us that price stability will deliver everything, including financial stability.
it is a criteria provided by pre-crisis DSGE models with their 'pretence of knowledge' that ignored macro-finance trends nber.org/papers/w16429
Financial stability > price stability during bad times #DraghisLaw
Read 3 tweets
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Daniela Gabor
@DanielaGabor
Mario Draghi is an elegant man: no jabs at JC Trichet for that legacy of 'very conservative central bank' that eroded credibility of ECB as firefighter ft.com/content/b59a4a…
he is also an optimist: the sovereignists may have lost the battle for the euro, but it is unclear who won it.
That battle is not only fought on the monetary front, and he knows it well when he calls for supranational fiscal policies.
full transcript far more fascinating because it brings macro-finance into standard narrative of nation states w different current account deficits and public debt levels (that FT piece doesnt really challenge) ecb.europa.eu/press/inter/da…
Read 7 tweets
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Daniela Gabor
@DanielaGabor
now that we all, including @IMFNews, do virtue signalling on #ClimateCrisis and Amazon, let's talk about Ecuador.

Ecuador has a long standing legal dispute Chevron (owner of Texaco) over environmental damage to Amazonian indigenous populations and environment.
30,000 locals, including five Amazonian tribes, began lawsuit against Texaco in 1993. Plaintiffs say that Texaco knowingly dumped 18bn gallons (68bn litres) of toxic waste water and spilled 17m gallons of crude oil into north-east Ecuador rainforest bbc.co.uk/news/world-lat…
A local court, and then the Ecuadorian Supreme Court in 2015, dictated heavy fines against Chevron.
But International Tribunal in the Hague found that Ecuador had denied Chevron fair access to justice (???) while leaving the door open for plaintiffs to bring case to the Hague
Read 8 tweets

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CDD West Africa
@CDDWestAfrica
#HappeningNow: Roundtable: The role of #WhatsApp in Nigerian elections, #NigeriaDecides2019.

Research: The use and abuse of @WhatsApp in an African #election: #Nigeria2019.

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Chidi Odinkalu
@ChidiOdinkalu
#Nigeria's National Human Rights Commission, @NHRCTweets, a public body bound by the Freedom of Information Act (FoIA), has in the past week ordered all its staff to sign & subscribe to forms of "Oath of Secrecy" - very much like a #SecretCult
Issued under directive of the Executive Secretary of @NhrcTweets, the #SecrecyOath applies to all staff of @NhrcTweets. The leadership of the Commission claims that the oath of Secrecy is required by Rule 62 of the Commission's Standing Orders & Rules of Procedure, #STORP
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ThousandEyes
@thousandeyes
BREAKING: Potential hijack underway. ThousandEyes detected intermittent availability issues to Google services from some locations. Traffic to certain Google destinations appears to be routed through an ISP in Russia & black-holed at a China Telecom gateway router.
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ThousandEyes BGP Route Visualization shows the 216.58.192.0/19 prefix being leaked into the Internet, which would cause traffic to #Google to be routed via networks in #Russia, #China and #Nigeria
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Duyeon Kim
@duyeonkim
1. Thread 👇 Let's talk about NK's reaction to Pompeo's Pyongyang trip, that "US attitudes" during the talks were "truly unfortunate." I read the statement in Korean. This was expected cuz (a) it's typical NK negotiating & (b) Singapore statement foreshadowed this would happen...
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(1) commit to new relations for peace and prosperity
(2) build peace regime
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NOTE: Denuke comes AFTER relations/peace/prosperity and peace regime....
Read 22 tweets
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My Zimbabwe News
@myzimbabwenews
1/
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After reading u should be able to understand why Mnangagwa made sure Tsvangirai wont be declared winner in 2008, why Mujuru was fired, why icecream poison saga was faked and who will be declared 2018 elections "winner"
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