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🇰🇪 On the mass unrest in Kenya
Since June 20th, there have been daily protests in Kenya with thousands of people participating.
The reason for the protests was the government's proposal to introduce additional fees on basic goods such as bread, vegetable oil and sugar in order to overcome the budget deficit. These measures caused understandable unrest across the country, as the population is already struggling to make ends meet, and additional taxes will only exacerbate the situation.
▪️On June 20th, protests in the Kenyan capital Nairobi and other major cities gathered thousands of people, against whom the police used tear gas and, as reported, live ammunition. During the suppression of the rallies, 1 protester was killed and another 200 were injured.
Soon after, the parliament decided to revise the budget amendments on June 25th. For this same day, the opposition planned large-scale protests, which are now unfolding and have already resulted in the storming of government buildings.
▪️Meanwhile, government spokesman Isaac Mwaura suspected foreign powers of sponsoring the protests. In the same speech, he mentioned that the current president Ruto could have made statements that displeased other people.
In particular, he reminded of the Kenyan leader's participation in the Ukrainian peace summit in Switzerland. Thus, he indirectly accused the Russian leadership of instigating the protests.
▪️Also, some Western observers note the appearance of the Russian flag at the protests, which does not indicate the presence of instigators from Russia. Recently, the tricolor has become a symbol of protest against the West on the African continent, and in the logic of rallies directed against the government, its appearance is quite appropriate.
🔻The reaction of the Kenyan officials shows how the Western press has influenced the local government. Now all the problems within the country can be conveniently attributed to the cursed Russians, instead of seeing the beam in their own eye. And it's understandable: just the other day, Kenya became the main non-NATO ally of the USA, and the new status obliges a certain politeness on a whole range of foreign policy issues.
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🇮🇱 ❌ 🇮🇷 🛢 📈 — Deutsche Bank: Oil Prices will go to $125/barrel if the Iran-Israel conflict spills over into the Straight of Hormuz
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Developments in the Iran-Israel war. It is currently 1:11am in Tel Aviv and 1:42am in Tehran.
Main points:
Iran and Israel have started targeting each other’s energy infrastructure.
Iranian missiles continued to target and impact northern and central Israel.
Israel has started targeting Iranian oil infrastructure, including oil refineries and oil depots.
Israeli airstrikes continue to target various parts of Tehran and the surrounding areas.
Iranian air defence seems to finally be doing some damage to Israeli missiles and drones. In turn, Israel has deployed dozens of small quadcopters and loitering munitions to waste Iranian air defence and saturate for larger attacks with cruise missiles.
Drones launched from Iran and factions in Iraq continue to target northern and southern Israel.
Missiles & drones:
2 rockets were launched from the Khan Younis area of southern Gaza by an unknown Palestinian faction. Neither were intercepted, with the IDF claiming they hit an open area with no casualties.
2 rockets were ...
OIL MARKETS REACT SHARPLY TO ESCALATING MIDDLE EAST TENSIONS
📈 WTI CRUDE IS NOW FORECAST TO HIT $94.10 BY YEAR-END, UP OVER $21 IN A WEEK, ACCORDING TO KALSHI MARKETS.
THE JUMP FOLLOWS IRAN’S CANCELLATION OF NUCLEAR TALKS WITH THE U.S., CITING ISRAELI AIRSTRIKES. WITH TENSIONS RISING, MARKETS ARE PRICING IN THE RISK OF REGIONAL ESCALATION AND POTENTIAL DISRUPTION TO OIL FLOWS THROUGH THE STRAIT OF HORMUZ, A KEY ROUTE FOR 20% OF GLOBAL OIL.
ANALYSTS WARN THAT A FULL CLOSURE OF THE STRAIT COULD PUSH PRICES ABOVE $120–$150 PER BARREL. ...
