#BrazilGP 20 laps in, 2 safety cars and Lewis Hamilton has gone up 8 laps into P2.
This man can drive!
Hamilton, Verstappen have both pitted. Hard tires for both on lap 28. Hamilton has done the fastest lap of the race so far (+1 point, if he can keep it).
1.13.162, fresh fastest lap from LH44 on lap 30. Hope he can get into DRS range of Max really quickly. Hamilton is 1.5 seconds behind him. #BrazilGP
Hamilton-Verstappen gap down to 9-tenths of a second now. #BrazilGP Lap 32.
Verstappen, then Bottas (1.13.002) sets the fastest lap on lap 33. These guys are pushing hard! #BrazilGP
Red Bull on the radio to Max Verstappen - he has a speed advantage against the Mercedes pair in the second sector. But that’s negated by the straight line speed that the Mercs have in S1, S3.
Max Verstappen leads. Hamilton is 1.4 seconds behind him. Bottas is in P3 (also has the fastest lap at this point).
But will this be the finishing order for the #BrazilGP?
A bit odd, this. The @McLarenF1 pair have been in really strong in other races (Baku, Monza anyone?) We aren’t seeing that super strong showing here in #BrazilGP so far. I do wonder why.
Interesting. LH44 talking about tire choices for another potential stop, no details on what rubber he wants though. Verstappen pitting for fresh hard tires on lap 41. Latifi in his @WilliamsRacing car exits the pit just in front of him.
Bottas pits again on lap 42. Hard tires.
Ok, so @MercedesAMGF1 leaves LH44 out for a longer run, but what’s the aim here? Mediums for the last like 15-20 laps and hope Hamilton has built an unassailable lead by then? #BrazilGP
Verstappen nails the fastest lap shortly after his pit stop for hard tires. Perez also pitted around lap 42/43, got hard tires. “Look after the tires Max,” Christian Horner says, “Look after the tires.”
Now Bottas takes the fastest lap on lap 44. Hamilton’s like, “No, no,” (with regard to the tire choice). Seems he wanted a set of mediums. “I think we threw an easy 1-2,” Bottas says on radio to @MercedesAMGF1
The argument the engineers are making here is that tire degradation here is pretty high, so the hard tires are the sensible option. “Is the undercut not powerful?” Lewis Hamilton asks on radio to @MercedesAMGF1
“This was always leaning towards a 2-stop,” Christian Horner says, citing track conditions. LH44 has grabbed the fastest lap again on lap 47, around 1.12. This is the narrow window for him, I think, to use the tiny extra grip and sheer speed to overhaul the Red Bull.
Verstappen forces Hamilton off the track on that outside overtake attempt on lap 48!!!
Hamilton is still in DRS range of Verstappen. He has to keep up the pressure here. The Red Bull is not as quick in a straight line, and his tires are just that little bit older.
No investigation necessary, the Stewards say about Verstappen and Hamilton going off track when the defending champion tried to overtake on the outside line. #BrazilGP
@MercedesAMGF1 race engineer: “So Lewis, No investigation necessary for apparently pushing you off track. @LewisHamilton: “Of course, of course.”
15 laps to go. Hamilton still piling on the pressure on Max Verstappen as he chases down that Red Bull. Key question - how much grip is left in those hard tires at this point?
Lap 59, went through on turn 4 after forcing Max Verstappen to defend hard through turn 1. Remember, this is the man who was disqualified ahead of Saturday’s sprint race.
LH44 is now 1.5 seconds ahead of Verstappen, who gets a warning for that weaving back and forth to break the slipstream tow on the @MercedesAMGF1 on lap 59/60.
Max Verstappen in response to being told of the black & white flag warning for weaving about the straight down to turn 1, defending against LH44 by @redbullracing.
Ricciardo retired due to a power loss issue on his @McLarenF1, apparently. Slight head scratcher that one. I really hope it doesn’t have any ominous implications for the @MercedesAMGF1 power units.
LH44 still has the fastest lap. But @redbullracing pit Sergio Perez on lap 70, slap on a set of 4 soft tires and send him out to snatch the fastest lap point.
@LewisHamilton clinches his 101st victory in the #BrazilGP. Perez puts in a proper banzai drive and secures the fastest lap. 1 point in favor of @redbullracing, but this has been an *amazing* weekend for LH44.
To come back from a 25 place grid drop and win?
Mega.
Huge cheers for @LewisHamilton as he gets to the top spot on the podium. Boos heard in the crowd when @redbullracing’s Max Verstappen ascended to P2.
The fact that bodies like @CAA_Kenya have to make clarifications hours after directives were issued is just one more bit of evidence of either:
[1] really poor inter-govt communication.
[2] an absence of common sense planning.
Or both.
That imposing a limitation on movement in so short a time frame would cause confusion, mayhem, trigger price spikes was wholly foreseeable & avoidable.
So why proceed to do it and leave other parties scrambling to figure out what's allowable & what isn't it?
Why?
🤦🏾♂️🤦🏾♂️
Either way, it's one more chapter in the long, long book of "Communication Fails 101: A case study of avoidable, self-inflicted damage from East Africa."
The fact that such far-reaching restrictions on movement, work, were announced without any financial relief measures in place, really tells you just how disconnected policy making in GoK is, from the reality of millions of citizens.
At the very least, for example, tax incentives should have been restored in an emergency house session. If you’re a hotelier, or a restaurant who was banking on Easter traffic to catch up on your obligations, you’re doubly screwed.
What happens to this sector?
It was not impossible, or difficult, to get the Majority & Minority Leaders, CS Treasury, Budget & Finance Comm Chairs + KEPSA, private sector reps, in one room to thrash out a support package ahead of these restrictions.
First round of restrictions on movement and a curfew in 2020 was a hammer blow to the economy. Millions of jobs lost. Incomes drastically cut. At least back then, we had cuts in personal & corporate income tax, and a 200 bp reduction in VAT to soften the blow.
[1/n]
Remember, it wasn’t by accident that 57.7% of all bank loans in the country were restructured, per @CBKKenya data. If nothing else, that tells you there was a huge amount of financial stress that built up over 2020.
[2/n]
BUT.
[There’s always a ‘but’, isn’t there?]
Treasury asked MPs to end these pandemic tax cuts. Legislators agreed to reset personal, corporate income tax levels back to their 30% top rate, with adjusted bands, on 12/22/2020. That 200 bp cut in VAT? Also gone.
Uhuru Kenyatta: "Fellow Kenyans, we tend to forget quickly."
Uhuru Kenyatta: "You can always revive an economy, but you cannot revive a lost life."
But, politicians [himself included] have largely ignored the same pandemic restrictions he put in place.
#Kenya's President rationalizing the economic cost of the policies he put in place in 2020. Those policies, he says, prevented an average of 2000 lives per day, and average of 1 million cases by end of 2020.
[THREAD] I’ve done a speed pass through some of the highlights, plus the #labor, #health sections of #Kenya’s 2020 Economic Survey. Some observations to follow.
TAXES & DEBT
@KeTreasury’s forecasting total tax collection of KES 1 771.4 Billion by end June. By end March, tax collections stood at KES 1 119.99 Billion.
How can KRA can magically raise KES 651 Billion Shillings in April, May and June. Seriously?
[2/n]
That’s approximately KES 217 Billion, each month, or nearly twice the average monthly collection [KES 124 Billion] between July 2019 and March 2020.
From an economy where consumer spending has drastically contracted. In the middle of a pandemic.