Japanese Yen devalued.

 
For the first time since 1990, the Japanese Yen weakens to 160 against the US Dollar. This comes as the Bank of Japan kept interest rates near 0% even as their currency is sliding. Last month, the Bank of Japan raised interest rates for the first time since 2007.Still, their currency has lost nearly 20% of its purchasing power against the US Dollar over the last year. Exports jumped 7% and imports fell by 7%. Japan registered a positive balance of payment.

Resistance

 
Students in the West are taught the supreme value of resistance. It is Foucault who said that the enemy - the oppressor- cannot be identified, therefore it must be fought through resistance. In the last decade, there have been many resistance movements and protests, all without concrete demands: against climate change, against the extinction of animals, Wall Street, etc. It was inevitable that ultimately it would focus on the Jews. 

I am not afraid of antisemitism. We Jews lived in Europe for centuries as tolerated foreigners, without civil rights. We were not accepted in universities, we were beaten on the streets. Those drunken, stupid peasants were pestering us, but we were steady and prospered. 

The current anti-Jewish encampments at American universities will turn us inside and make us stronger. I am not worried.

 

Nazi Romantics in Europe

 

Reading Hungarian racist literature, and then similar European publications, it becomes clear that Putin's analysis of the West is based. The Azov regiment was  Nazi (it was destroyed by the Russians). Hungarian racism (pic.) is most bizarre since there is no Hungarian race and there is nothing genetically particular or related to the conquering Central Asian tribesmen. It is impossible to classify European racist literature as "right-wing" - it is empty of social or economic content. It appears to me a pointless and hopeless revival of Nazism, directed against hapless immigrants. And Russia. The paradox is that Russia is not communist, it has no Jews, but it is a White-majority and officially Christian State. European racism is a confusion and the war in Ukraine is senseless. Maybe Europeans, as a "people", cannot tolerate peace and thirst for blood. 

The Chinese should be afraid. Very afraid.

Colluli Potash sold to the Chinese

 
Thirteen years ago I discovered the  Danakali company established to develop the fantastic potash resources of Colluli in the Erythrean depression. I did not invest in it because its shares were available only in Perth, Australia, and to buy it would have been complicated, and needed an Australian broker in the Perth stock exchange. Pity.

 I thought that the Israeli firm ICL had invested in the firm, but now discovered that Danakali had sold it to the Chinese company Sichuan Road and Bridge Group. The share is valued at 0.42 Australian dollars and it is paying back 100% of it to the stockholders as DIVIDEND while continuing to actively look for other projects. It may have been a good investment. 

Ted (a commenter on Danakali's site), writes:The reason Denkali sold its interest to Chinese is they can’t raise the necessary capital because of the west make it hard to do business in Eritrea. Ask the executives they will tell you the reasons. Eritrea was consistent in its interest to work with mining companies from Canada and Australia but the business environment purposely made hard by the west to do business in Eritrea. The gap is filled by Chinese only because they come with the necessary cash, technology and human capital. 

"My dog gives me no advice."

Javier Milei, Argentina's President. He is very effective. 

Alberto Fernández

@alferdez

Si el presidente se refirió a mí llamándome “títere” quiero decirle que no lo soy, no lo fui ni lo seré. También debe saber que mi perro no me aconseja (y está vivo), que las “fuerzas del cielo” no me mandan señales y que mis acciones y reacciones son el resultado de la reflexión y no de alteraciones psicológicas .

Translation of the above dialogue of Argentina's presidents:

If the president referred to me as a "puppet" I want to tell him that I am not, I was not and I will not be. You should also know that my dog does not advise me (and is alive), that the "forces of heaven" do not send me signals, and that my actions and reactions are the result of reflection and not psychological disturbances.

Background:

Javier Milei's dogs are named after famous economists. He has five dogs, Conan the mastiff and four clones of the now-dead dog, who are named Murray, Milton, Robert and Lucas after economists Murray Rothbard, Milton Friedman and Robert Lucas. After winning one round of polls, Mr Milei thanked his dogs in his victory speech.

Israeli babies per UNICEF

 

174,648

Cats and cats

 

The Malaysian Wild Cat is a beautifully colored hunting cat.  Its look could be used as a camouflage pattern for jungle warfare uniforms. Nature is more creative than human imagination.