🇿🇦🚢 Just in time to go through South Africa's ports that the ANC government has run into a nightmarish state of chaos and disfunction.
🔸The container backlog at our 3 major ports stood at 100 000 at the beginning of December.
🔸The congestion crisis at South Africa’s state-run ports has resulted in cargo ships having to wait 215+ hours at Port Nqura and 32 hours to enter Port Elizabeth port. Meanwhile, the wait to enter the Durban port stood at 227+ hours at the end of Nov.
🔸According to the state-owned enterprise in charge of South Africa's ports, Transnet, this severe shipping backlog will only be cleared by February or March 2024.
🔸The situation has become so dire that the CEO of Transnet described it as "Rome is burning"
🔸“The average South African [doesn't] realise what a complete and utter catastrophe Transnet is. It is way worse than Eskom (state-run power monopoly)"
🛢📈 — Reuters reports that oil is approaching $100 per barrel following the latest exchange of attacks between Americans and Iranians on oil tankers.
▶️The price of Brent crude has risen to $97.07 per barrel, while American WTI crude has risen to $92.28. In the past week, Brent has risen by 7.8%, while WTI has risen by nearly 10%.
▶️On Saturday, U.S. forces attacked three Iranian oil tankers, one of which was stationed near the island of Kharg, a key center for Iranian oil exports. In response, the Islamic Revolutionary Guard Corps announced attacks on three oil tankers in the Strait of Hormuz and three more U.S. ships.
▶️In this context, traffic through the Strait of Hormuz has sharply declined. Over the past 10 days, an average of only 10 cargo ships have transited the strait per day – the lowest level since May.
The WHO now states on its website:
Vaccination against COVID-19 can trigger multiple sclerosis through cross-reactive CD4+-T cells that recognize the spike protein of SARS-CoV-2 and myelin peptides.
In other words: Your own immune system destroys the nerve pathways and then attacks your brain and spinal cord.