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The Saint’s parcel

Today it is December 5th, in the Netherlands that means it is St Nicholas day. It is the Dutch version of Santa Claus, but with a difference. The story goes back to the Greek bishop of Myra, what is now known as Turkey (270-340 AD). Saint Nicholas is the patron Saint of children and the day preceding his birthday (6th December) it is the evening of presents and all the kids (until a certain age) will receive a present.

As you might imagine the week before all this, things can get really hectic, especially in the toy stores, on a global scale when we see Thanksgiving, St. Nicholas and Christmas, the numbers given to us by power retail ‘Cyber Monday Breaks Record, Becomes “Biggest Sales Day Ever”‘, these numbers makes sense as moments like Black Friday, Cyber Monday and other deal moments with discount sales is what people look for globally so that they can show their kids that there are happy times, even if it is just for a day or two. Variety gives us (at https://variety.com/2018/gaming/news/nintendo-switch-sales-holiday-sales-figures-1203038569/) even more. With their headline ‘Nintendo Sold $250 Million in Products from Black Friday to Cyber Monday in U.S.‘, they are showing a setting that is awesome.

More important it is their e-commerce sales of games that is partially taking the cake with the statement: “The Nintendo Switch is now the best-selling Nintendo console in U.S. history for that five-day period, surpassing even Wii system sales, the company announced Wednesday.” Even as we see “Nintendo’s overall goal for the financial year of 38 million units sold, though analysts are still predicting it will fall just short, hitting about 35 million“, yet in all that the analysts are eager to avoid the one setting that matters, in under two years the Nintendo Switch is about to equal the lifetime sales of the Xbox One, a number that is very impressive as the Xbox One had 300% of the time frame to get to this point. And overall the entire Microsoft issue is expected to hit a few more bumps in the road. Software was the key in all this and Nintendo does comprehend quality software. The curve is changing for the better for Nintendo as their demo stations are all over game shops like EB Games. Parents can see how amazing it looks and as the kids are having a go at playing kart and playing Mario Odyssey, we see (as I saw) that the parents are getting a smile on their faces. It is a family friendly system, where violence is limited to a paint gun with a colour. And as we see the greats (Diablo 3) added to the Switch, we see an amazing list of games titles we see a system that is more and more overwhelming when it comes to quality gaming. A game setting where quality is not the silly notion of high level graphics, no! Quality gaming is the level of fun you get out of it and Nintendo is turning heads around and for the first time in history Sony is starting to get worried as the setting now is that this year Switch surpassed the Sony PlayStation. Now that does not means that Sony is number two, they have well over 250% in number of consoles in the field, yet the fact that Nintendo is closing the gap slightly and surpassing Microsoft has never been seen before in the age of gaming. I loved my GameCube (I still miss Mario Sunshine even today), I loved the games I had and when I saw that the Wii was backward compatible I did not hesitate, yet the Switch is showing to be up to the challenge of equalling this in quality gaming. In this we see that Nintendo is getting it right and even as I questioned the stupidity of analysts with their ‘predicting it will fall just short‘, I believe that their entire setting is bogus. Nintendo has the goods and is showing it has equaled the challenge gaining on the larger advantage that Sony has and surpassing what was once the great Microsoft console and the most powerful console? It might be, yet when it offers a mere 25% of the family fun, I wonder what some people choose.

Now, we do not state that the Xbox cannot deliver the goods, yet we have always known that Nintendo was a family and younger player system. Now that we can be on the road, play on TV (via dock) and have access to some of the most addictive games (Diablo 3, Mario Kart, Skyrim, Minecraft, Rocket league) and so many more titles we need to wonder what the others did wrong.

Well they didn’t!

They made a choice and they continued on that path, Microsoft thought what it had to compete with Sony and they did not end up doing that, they soured their own milk from the very beginning in policy and hardware, they refused to listen to their gamers and they are still losing traction in the process. Even as some corrections and some really good ideas have been launched (Game Pass), they have too much to catch on. Nintendo remained on the family fun and family friendly path and they merely gained speed, and within a year they pushed for a speed that would surpass Sony annual sales and they seemed to have done it in 2018 (the official numbers are not out yet). However the consoles and the quarter of a billion in online store sales in under a month is now showing to become the monster truck of revenue. So as I personally sneer at “Nintendo stock hit a five year high of $58.45 a share this year, only to shed more than 40 percent of its value this month, with a year-low of $33.90“, I see clear numbers that do not support the actions and recommendations of these analysts. The titles Super Mario Odyssey, Mario Kart 8 Deluxe, The Legend of Zelda: Breath of the Wild and Splatoon 2 represent 40 million copies sold. This implies that every Nintendo Switch has at least one of these games and that is an amazing result. Now set this against a company like Ubisoft (as a mere example) with Assassin’s Creed, 100 million copies over 11 titles on 3+ systems, Far Cry, 25 million copies over 6 titles on 3+ systems and Watch Dogs with 2 titles on 3 systems, 10 million copies sold. These are all decent games and when compared to four titles on one system, we start seeing the first part where the others seem to be getting it wrong. That is the comparison that some analysts do not seem to grasp. In addition, the close to flawless results against other titles on other consoles show and we have not even started with the millions of players playing Pokemon on Nintendo handheld systems.

On the day of Saint Nicholas we look at these kids and we see the overwhelming need and desire for gaming, consoles and handhelds. For the next 4 weeks it will be about that group and I predict that Nintendo will be looking at another half a billion if the previous record is anything to go by. It is likely that Boxing Day sales will add to that revenue surpassing my prediction. Clever grandparents adding an optional $30 gift card for their grand-kids to get several games cheap on boxing day sales, adding even more to the Nintendo profit coffer.

Even Forbes gave me the thumbs up (virtually that is). They had the top purchase mention with Nintendo as one of the titles and the PS4 as the most talked about, no mention on Microsoft. Even as Apple got a few mentions, the words ‘Microsoft’, ‘Surface’ and ‘Xbox’ were absent in that view (at https://www.forbes.com/sites/forbes-finds/2018/11/12/5-best-headphones-under-100/#47cb25aa5239), in addition the aggressive discount that the Nintendo gives with their Switch plus Mario Kart in the Netherlands is seeing its own fair share of mentions. If the feast of Saint Nicholas has one drawback then I would think it is the longer absence of board games. Playing a game like monopoly whilst unwrapping a present whenever one player passes go was heaps fun. There was the tension which name was drawn and as present by present was opened; whilst we played monopoly and had hot chocolate milk (it is cold in the Netherlands in December) was a level of fun I still miss.

Yet, we must not forget the hardship either, and there is a lot of that and a lot more coming; in the last year over 50,000 children died in Yemen from hardship, disease and famine. I expect that in 2019 we will see that the 2018 numbers will surpass the passing of 100,000 children. The children are too young to face what other children have to go through in other places, yet we adults cannot afford to do that. If I had to forego my optional Nintendo Switch for one child in Yemen to have a decent meal, I will end up not playing a Nintendo Switch for some time to come, even as the child still dies and I merely prevented it from dying on an empty stomach, I would do so. Even as the peace talks are being held, I fear for the lack of progress, as this is not in the interest of Iran. It is still progressing on arming Houthi; it is still facilitating via Hezbollah and the children are merely in the way there. From my point of view Europe is enabling it as they want their nuclear accord, an accord that is not likely to be the value of printed paper, the Iranian missile tests can be considered proof in this. In this part Prince Khalid bin Salman bin Abdulaziz Al Saud is actually in a very dangerous place. Even as he is with an ally, as the Saudi Ambassador to the United States, we see that the danger is twofold. As more and more US politicians are seemingly ‘bashing’ Saudi Arabia, yet they seem to ignore the danger that Hezbollah is there, we see the start of imbalance, and as this imbalance continues, so do the events in Yemen killing even more children. The hollow words like ‘Iran has praised Yemeni peace talks scheduled to take place soon‘, they want their version in charge in Yemen, not the elected one and they are willing to let millions of kids die to get that done. So whilst the US gives us “The United States has displayed pieces of what it says were Iranian weapons deployed to militants in Yemen and Afghanistan“, whilst at the same time US politicians are unbalancing their allied commitment to Saudi Arabia, we see that in the end it is a political stalemate with the lives of all the Yemeni children in the balance and there is no reasonable chance that the children there will get a better deal out of it.

So as we see the independent giving us the goods and the stage of truth last week with: ‘US struggles to find footing on Yemen, as Iran increases influence‘, we see (at https://www.independent.co.uk/news/world/middle-east/us-yemen-civil-war-iran-influence-saudi-arabia-bombing-trump-weapons-houthis-rebels-a8661546.html) that the US and mostly its politicians seem to have lost their perception on the larger game. the quote “The US Senate, angered in part by the White House response to the killing of journalist Jamal Khashoggi, on Wednesday voted in a surprise move to advance a bill that would cut American participation in the Yemen conflict“, the emotions towards a previously unknown journalist (and ignoring all those imprisoned and dead journalists in Turkey) is setting the stage of enabling the Iran agenda. Vetoed or not, it will up the pressure on Saudi Arabia and in all this, the populist pressure is one that historically has turned anti Saudi more often than not, increasing the larger issues towards Prince Khalid bin Salman bin Abdulaziz Al Saud in other directions as well.

In all this does America even know who their allies and enemies are? The question is more important than you think, as we see on the feast of Saint Nicholas that millions of children in Yemen are abandoned. So what did this have to do with games?

When you watch your child play some Call of Duty game and you realise that it is not Battleground 5, it is not Call of Duty, or Fortnite, but it is the game ‘Holy Defense’, created by Hezbollah to let gamers and players kill ISIS members. When we are treated to: “Hezbollah has developed a 3-D computer game to capture the minds of its youth, while showing them a good time.” When you see your children play this free downloaded game in Europe and America, how much safer was the Nintendo Switch with their family values to begin with?

I agree that this is not a fair remark for Sony and Microsoft and they are not part of this in any way, but when it comes to First Person Shooters, can parents even tell the difference anymore? And when it is getting to close to the factual truth, can they even perceive how many children are getting killed in the process whilst Yemen is facing delay after delay? Should that not be the central issue on the day of the patron saint of children?

 

 

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Heating at what price?

We all know it; in winter it is about the heating, in summer about the quality of the fan, in addition, we need to make sure that apart from food, and drinks that we have the proper attire. We have known this for almost a lifetime. So even as this is known in the US, President Trump decided to have a conversation with Saudi Arabia to increase production to keep prices down. It seems really nice that Saudi Arabia came forward, yet they had no practical reason to do that did they? Not in an age of bullet points, business cases and maximised profit.

Oil is a commodity, and in the professional world of business, you have to go for the buy low, sell high equation if you want to be in business. So I was surprised to the extent that Saudi Arabia was facilitating towards America.

Yet this is seemingly coming to a halt when Bloomberg treats us to: ‘Putin Says Russia and Saudi Arabia to Extend OPEC+ Oil Pact‘. In itself the title does not give the US the warning that they need to read, the text does however give us: “OPEC, which pumps four-in-ten barrels produced worldwide, will convene in Vienna on Dec. 6 to discuss output cuts after oil prices in November suffered the largest monthly drop since the global financial crisis in 2008” the article also gives us “an advisory group to OPEC told ministers the market is oversupplied, with a need to cut about 1.3 million barrels a day from October levels“, apart from Bloomberg, there were several others showing the news, adding their own political flavour towards facilitation and that will be discussed soon enough. The shape here is not merely that there is oil in the Al Saud family, it is the fact that they are (as any good business does) trying to maximise what they have. People seem to forget that. It might seem a buyers’ market, but that is merely the presentation, once production stops for 12% or more that balance will change really quickly. Let those who want it somewhere else, go somewhere else. The direct impact is that it merely drives prices faster. Even as there is an oversupply, the entire setting seems to be focussed on getting past this winter, the players are in error not to focus on the next winter, for that part will be impacted and it will be a large impact.

As the conversation between Russia and Saudi Arabia continues, whether or not it is some OPEC+ setting, the setting that is evolving is one that I mentioned in ‘Two issues in play‘ (at https://lawlordtobe.com/2018/11/20/two-issues-in-play/). The day after we saw Senator Lindsey Graham (R-SC) giving the statement that Crown Prince Mohammed bin Salman was “unstable and unreliable”. So as we were treated to ‘Putin says Russia, Saudis agree to renew OPEC production cuts‘ mere moments ago. How much reserve is there? How long until the prices are raised, optionally just before Christmas as a speculative Ebenezer Scrooge bonus to your household?

The entire matter was just waiting for an opportunity to happen, as we see this unfold over the next few days, we will see additional parts too. The best example that anyone who served knows is that there are three people you do not mess with. The first is your Supply officer, the second is the payroll officer and the last one is the cook. These three are sacred and you leave them alone. So why push the person who is a supply officer, that impacts your payroll officer (as you end up with a fair amount less) and that in turn unbalances what the cook gives you as you cannot afford a full meal. As the price of food goes up, as we see clear data from several sources (Washington Post and HILDA) that larger groups of workers have been on stalling incomes for years now, have I made a clear enough point? When the total income is the same and food prices go up, what would you surrender to the currents of loss, once you realise that fuel prices will be on the rise as well?

In anticipated opposition, don’t give me that ‘ethics regarding Jamal Khashoggi‘ routine, because the bulk of the US senate and US congress have not made any noise regarding all those journalists (well over 240, with over 140 wanted) in Turkish prisons, several of them for life. Not much noise is there? The fact that Turkey isn’t getting slammed for being an ally of Iran is still a mystery, yet there might be some European need there, especially around some ‘nuclear accord’.

Even as I anticipate some reaction in all this, we must also heed the opposition in this. Here I call for Oilprice dot com. Martin Tillier gives us (at https://oilprice.com/Energy/Crude-Oil/Oil-Output-Cuts-May-Be-Coming-But-Dont-Bet-on-It.html): Crude oil has been in freefall, with both Brent and WTI having lost around a third since hitting highs in early October. There are some demand related worries involved as trade wars threaten to slow global growth, but the biggest reasons for the drop are supply related. A couple of months ago, those highs were achieved in anticipation of a disruption to global supply as the Trump administration’s abandonment of the Iran nuclear deal with Iran and the resulting sanctions took effect. Since then though, a few things have become clear. Firstly, U.S. production has been stepped up by more than imagined. In addition, the Saudis increased their output to help offset the expected loss from Iran but, most importantly in that context, that loss doesn’t look likely to materialize“, he goes on giving us the tough talk part and he is right. Whether we see it as political windbags or perhaps merely a storm in a cup of tea, the impact is not merely some good needed, it is a larger issue that goes beyond supply and demand. Just like the predicted shortage of concrete for the building of Neom city. Those who saw it have been upping their ability for production. Several have doubled it and there is a chance that the UAE will have its own large concrete facility soon enough. As Saudi Arabia could decide to cut production, it could in addition merely seek to seel part of it elsewhere. The end result is the same, yet that trajectory will be much slower. For the current administration it is about getting past this winter, with the next winter being a larger impact on the elections, so it will also impact the cost of living all over the US.

CNBC gives support here (at https://www.cnbc.com/2018/11/28/expect-a-saudi-first-policy-on-oil-production-cuts-regardless-of-trumps-demands-analysts-say.html). It is early days and what we anticipate or expect does not usually happen, yet with “Analysts believe that despite Washington’s geopolitical leverage over the kingdom, after its staunch defense of the Saudi monarchy amid accusations over its alleged role in the murder of Saudi journalist Jamal Khashoggi, Riyadh will still pursue its own economic interests rather than abide by the wishes of President Trump. The pivotal question hanging over oil markets remains that of production cutbacks. Who will tighten their taps, and by how much?” This is the game for now and even as it is all set in common sense, the one part we cannot anticipate is ‘by how much?‘, I predicted a rough 12% a week before this article came out and so far, the fact that it is still likely to happen before the end of the year, optionally before before Christmas, it does remain to be a the speculative part for now. I expect Russia to try and get a consensus with Saudi Arabia to go well over 12%, optionally closer to 20%. It is essential for Russia, it will be good to the super wealthy oil friends that President Putin has and it will also bring joy to the coffers of the Saudi Monarchy. The question is who can pick up that slack and how fast. The US has its own facilities in it, yet could they keep up? Leave it to the US to piss off 3 of the top 5 producers, which leaves Iraq and they do not have the working infrastructure, moreover, volatility is still their middle name for now, as well as the fact that they merely produce 16% of the other three that the US insulted (more than once I might add).

So will oil prices go up? If the US is set on its current policy, the issue of oil prices is a given certainty, the fact that they will go up before winters end seems more and more likely, yet by how much is not to be anticipated. In this Saudi Arabia, merely needs to have a ‘technical glitch’ and the pumps go down twice for 2-3 days, and the damage is done. At that point, Saudi Arabia merely has to drop production for 15%-20% until the technical matter is ‘resolved’ and all the US can do is pray for Saudi Arabia to accept the assistance of their engineers. Although as Saudi engineers go, their knowledge might be (vastly) superior in all this, they have had plenty of time to get ahead of the curve for some time now.

Should this happen, what will the US do? Throw a tantrum; throw a curveball? I am eager to find out, because the entire journalist part is still a matter for discussion. You all seem to know Jamal Khashoggi. Yet how many of you know Mehmet Topaloğlu, killed by the Turkish police, as was Metin Göktepe. Then we see Önder Babat, Serena Shim, Rohat Aktaş and Yaşar Parlak. The Turkish authorities have shown less than 0.5% effort here when comparing it to Jamal Khashoggi and the silence from the US in these deaths (a few of many) have been deafening, we can ignore the European Union in all this as they seemingly do not care. So when I made the claim that Jamal Khashoggi is merely a convenient puppet to hit Saudi Arabia with, I knew what I was talking about. When we see that inaction is the natural state, the entire Jamal Khashoggi was a game of political players, emotions used to drive an audience, an audience giving Google search currently well over 72 million hits when we see for that JK journalist. Try that with one of the other murdered or imprisoned journalists in Turkey, they are not even a blip on the radar. It is my speculative thought that Neom and the future drive by Saudi Arabia scared the US as it did several European players. It is the first time in history that a Middle Eastern nation has the ability to put the US and EU to shame with their lack of technological progress. They claim to have it, yet Saudi Arabia is making a move towards ‘showing to have it‘, changing the game for both the US and Europe.

This is where we see the difference. China and Russia see this as an opportunity, whilst Europe and the US are seeing it as an inconvenience. In Europe it seems that only Salini Impregilo is taking the charge of that future, having scored already well over half a billion in contracts, the rest of the players are either under the surface or not there at all. Is that not odd either? When we see close to a trillion dollars in opportunities in Saudi Arabia, the noise should be deafening but it is not.

How does that matter?

Well, if oil fuels the coffers, the daily input is more than enough to warrant actions, yet I see not activity anywhere, not to the degree it should have. In all this, within a day I found a way to revolutionise information using 5G (designing a new device in the process), and there we see opportunity, a pilot the size of a city that could have global repercussions and no one is there. I cannot be the only player in town, my ego would never be that delusional, yet there is not activity at all. It makes sense that it is not out in the open, yet some people would have to file for concepts, optionally for patents and I see the light of at least 4 of them right there, yet there is no visible action, and believe me, as a Master of Intellectual property law, I do know where to look.

Karma kicks greed’s ass

We have all seen the news when it comes to Huawei and the list of those banning them is growing, there too we see that China has a vested interest in making a local company a true success and there we see the options too. So when we consider the Verizon offer: “As part of a 10-year agreement, Verizon will expand its wireless small cell infrastructure to build out its existing 4G LTE network and prepare for 5G deployment, with streamlined permitting from the City of Boston. TV licensing will also be amended to support an expansion of Verizon’s Fios TV service to more neighborhoods“, it came in 2016. So consider the actual wording ‘as part of a 10-year agreement‘ and ‘prepare for 5G deployment‘, by the letter, it implies that Boston will optionally not have 5G before 2026, in this it could optionally have been in the foundations of Neom by 2021 (depending on then the first buildings are completed). It would be a kick in the nuts for the US to have something operational after Saudi Arabia, does it not?

Karma bites like Piranha if need be.

This all impacts the oil price, because the Saudi Crown Prince is driven to get Neom right, it also impacts the coffers so whatever is done regarding the oil, would optionally not be allowed to endanger Neom. I cannot prove that, yet I am decently certain that this is the case. We can see this as an opportunity, that as the US seeks options, it can make other offers to offset the optional ‘loss’ to Saudi Arabia. If enabling can be done in money or goods, offering goods is still an optional path to take for the US, yet they too need to realise that the overly visible acts of playing the ‘Khashoggi blues’ whilst not making any noise on the ‘Turkey newspaper shuffle’ is going to be a debate soon enough, especially as there is enough evidence that Turkey has been facilitating for Iran.

In the end

In the end it is about the oil prices and I expect them to go up regardless of what happens, yet there is leverage to a small extent, the amount of price increase is one that could be under negotiation. The question is, will we see proper actions by the US and Europe to limit the price increase and the impact on their citizens? I expect to see an answer to that part within the next two weeks.

Have a fun Monday!

 

 

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The economic insanity

We all have our limits, we all have parts we look at it and it just does not make sense. I am no different in that regard. I cannot fathom how a business survives at times. We all get that. I grew up having to walk to the grocer, the butcher and the general goods store when I was young. I got beef from one, I got cabbage from the other, we even had a potato vendor on a street called Vierambachtstraat (Rotterdam); this potato man had half a dozen of different kind of potatoes, sweet, non-sweet, large and small. We would pick up a bag 3-4 KG and it would be more than enough for a week (household of 5). At some point he left us, he stopped, the grocer remained for a while, yet I was still around when he left and it was replaced for a record store. The general goods store had already left. You see, a Supermarket called Albert Heijn had taken over and the other stores could no longer remain there. The butcher remained, yet over time he too would fall away it is now a furniture store I believe. My house is still there, yet none of the shops remained, over time they were replaced by other shops, a mere sign of the times.

So when I was confronted with ‘Interserve shares fall as growing debt sparks fears over its finances‘, I initially merely glanced. An outsourcer called Interserve; it seems to be something trivial. That is, until you realise the part “The Company, which carries out building work and provides services such as cleaning, said debts would be between £625m and £650m by the end of the year, having earlier said debts would be £575m to £600m“. So even if we would trivialise all this, in which universe would a company have any chance to survive with an initial debts of ‘£575m to £600m‘? The fact that it will be fifty million pounds more should be the fuel to the fire. A company will be in debt for well over half a billion pounds and people are worried? Why on earth were the members of that board of directors and their children (and grandchildren) not sold into white slavery on a market in Marrakech? You see, I get it, any company will have downturns and we should allow for repairs on that, yet when a company is the pressure on the existence of small companies, whilst it act as a behemoth with a workforce of an estimated 75,000 people worldwide, we need to up the ante. These people are pushing the envelope hoping that they would be like any bank ‘too big to fail‘ leaving it up to politics and wheeling and dealing to get them out of the hot waters, to save and saviour their hot potatoes some might say.

Even as we see: “It comes a week after Interserve was forced to comment on the state of its finances, after shares tumbled to a 30-year low over fears it was heading the same way as Carillion, the rival outsourcing firm that collapsed in January“, was that not a wakeup call to set the stage to push for oversight much faster?

We are also introduced by Russ Mould, investment director at AJ Bell to: “Chief executive Debbie White and her team are clearly doing their best to steady the ship at Interserve but the admission that net debt will end the year higher than expected, not helped by how the cash inflow from the troubled energy-from-waste business will be lower than hoped, means the company has yet to reassure shareholders and potential investors about the key issues that face it.” I am not sure how we should see this, in view of: ‘how the cash inflow from the troubled energy-from-waste business will be lower than hoped‘. When should we accept ‘lower than hoped‘? That implies speculative investment with funds that they never had and playing the gamble card in corporate expectations. So when these debts hit full on, who gets to pay for that, the taxpayer? It is my personal believe that until the debt is gone, none of the board of directors should be allowed any income above £100,000 with in addition all bonuses scrapped until the company goes out of the red. In addition, there should be no weight to the claim: “Interserve, which provides a range of services for schools, hospitals and government departments across the UK, agreed a £300m rescue plan in March, at a time of heightened pressure on the outsourcing sector and in the wake of Carillion’s collapse under a mountain of debt.” From my personal point of view, they took jobs and under-priced them forcing the small fish out of the water of revenue, and then they use that shortfall to push taxation to zero whilst walking that path too often in too many divisions. That is how I personally see this and I might be wrong. Yet in all this, that is seemingly the path too many large players play it, undermining services for the longer time whilst the others have no option to get into the business. The government might like the short sold services as it looks good on their costing spreadsheet, yet when group of 75,000 people end up to the larger extent being unemployed, the damage will merely increase for all the parties involved. Russ Mould also gives us: “some investors would wonder why Interserve was waiting until 2019 to unveil a new plan designed to reduce debt, whilst the share price slide suggests the company’s situation remains acute“. In light of that we see the urgent need for players like that to suffer a lot more oversight, the withdrawal of all bonuses and capping of income. In a state where we see an escalating stage of danger to staff members on almost every level (I did say almost), we see (at https://www.interserve.com/docs/default-source/investors/financial-reports/integrated-reporting/2017/2017-full-year-pdf’s/governance-report.pdf) the mention of something I will address shortly, whilst we see (at https://www.constructionnews.co.uk/companies/contractors/interserve/interserve-ceo-set-for-125-bonus-for-2017/10030955.article). Can anyone explain to me how well over half a billion shortfall gives rise to: ‘Interserve CEO set for 125% bonus for 2017‘, you might think that this was merely last year, yet consider that one company has a shortfall of well over half a billion in one year. That does not happen, this has been going on for a much longer time and whilst we accept that any company gets to have a hard time, it seems utterly unacceptable that its board of failures in managing that get to go home with £525,897 (the bonus of Chief executive Debbie White) for 4 months of work and if things go really south, to sit at home on the sofa optionally watching Netflix and porn for 5 years whilst the market ‘restores’ itself. It gets to be even less tasteful when we also see: “This includes an annual variable pay (AVP) bonus of £270,089, which is 125 per cent of her pro-rata base salary of £216,667 since she joined in September 2017 – the maximum available under the AVP scheme” are you feeling betrayed yet? She should be regarded as HMRC positive and kept in isolation, removed from income until the company is again in the non-red numbers zone.

Was that over the top?

When we consider the first report which is 62 pages, we see that plenty of space was used to give rise to bonuses where three people get to go home (in a best case scenario) with £2.555, £1.593 and £1.168 million. In a setting where we see that a company minus zero setting, towards the one billion mark in the red, how is there even a case for a best case scenario? How is it that we see all kinds of share and cash deals whilst there is a real issue with this type of company? Should we not see a whole range of other questions holding the HMRC responsible for allowing this situation in the first place? Whilst the cheapest of the three (other executive director), optionally being a figure of speech for a lot more than one person the issue merely intensifies. Their minimum pay is £380K, which is close to 1,800% of the average annual UK income; giving rise that one year would enable a person to afford a person to go on a holiday for close to 10 years. I never had that option, not in two decades of loyal service, interesting how some people are just not held accountable for bad turns is it?

So whilst these high and mighty desk jockeys get to relax over Christmas, considering on how to tackle it all in 2019, as per ‘Interserve to roll-out £650m debt reduction plan‘, they will leave staff in pressure and under threat of being laid off. It gets to be even worse when they ‘hide’ behind “This deepened due to additional cash outflows on Energy from Waste as well slow payments in certain Middle Eastern markets“. If they have been there they know what the cycles of payments are. They know on what is to be expected. So if there is plenty coming in, there should not be an issue. When jobs fall through, it is known as well, so even as there is a slack from the energy from waste, it seems that merely lose statements are given and they might not hold water under accountancy scrutiny here.

As for the books

There we see that PwC are to be the financial advisors, some sources give rise to other parts. The independent report (at https://www.interserve.com/docs/default-source/investors/financial-reports/integrated-reporting/2017/2017-full-year-pdf’s/financial-reports.pdf) talks about ‘we’, but who is ‘we’? The report is 100 pages and it was set for the December 2017 point, yet there too we see a few things. If we are to accept certain previous statements, we see “We performed targeted procedures over component entities in Guernsey, Oman, Qatar, the United Arab Emirates, Saudi Arabia, Australia, Hong Kong, the Philippines and the United States of America. We performed analytical procedures over component entities in all other geographical locations“, so when we see the larger picture, how does the ‘Middle East’ reference hold water? This would imply they’re UAE, Qatar, Oman and Saudi Arabia customers. There are still plenty of other locations, even if it is largely weighted to those 4, the mention “as well slow payments in certain Middle Eastern markets” seems less valid. The shortfall of well over half a billion does not hold up, because if it was all due to investment, there would not be a shortfall to report, those debts are different. That is where the report on page 114 seems to give a little light. We see: “A further update was given to the market on 21 March 2018, indicating that short-term facilities had been extended for a further month to 30 April 2018. The Group announced that it had concluded refinancing negotiations and had arranged access to committed borrowing facilities of £834 million on 27 April 2018.“, on the other side of that page, we see: “assessing the appropriateness of sensitivities applied to the Adjusted Cash Flow Forecast to evaluate whether liquidity headroom and covenant compliance had been subjected to appropriate stress tests;” when they come up short by another £50 million, one might argue that either the stress test was wrong, or elements were unknown or merely ignored. I cannot tell what, why, who or which, yet it does not seem to add up.

So as that page ends with: “As a result of our work, we concluded that there were no matters in relation to going concern to which the ISAs (UK) require us to report to you“, I will offer that the news is giving us a £50 million reason proving that statement to be wrong (or at least partially). There is also increasing consideration that the auditing firms needs additional scrutiny, as jobs are handed over from one firm to another, there is the option that it speculatively gives rise to nepotism, as well as the danger that they all play the same game in what should not be required to be reported. The last is also highly speculative, yet the shortfall over 50 million as well as the debt surpassing half a billion proves me at least partially correct.

The question is how to move forward. There is a point of view that gives rise to a lot more than merely changing the laws towards outsourcing. There should be a long term accountability system in place, as it might all seem to be nice and correct on the balance sheet, the mere worry is that there is a long term impact. Should we see additional pressures where Interserve goes the way of Carillion, there might be a pressing point to start considering making that change. In an age of global accountancy where the costs are stored local, whilst indirectly the booked profits are staged to go to the land of the shareholder (wherever that is) we see an imbalance of accountancy that is seemingly all fine, yet makes no logical sense altogether. That might be one of the biggest settings that governments are facing in Europe and on a global stage.

Perhaps I will take tomorrow to give you a clear picture on what I mentioned here in examples. At that point I will be bringing graphics to the table as well.

 

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Terrorism is OK

How is that for a title? Is it nice, cool, rad or merely scary? One would think that people wake up at some point, especially when we see the condoning of terrorism because of the ‘signs’. It is in that light that we need to see the New Yorker and what it brought to the people (at https://www.newyorker.com/news/daily-comment/the-ceasefire-in-gaza-a-turning-point-for-hamas-and-netanyahu). Here we see the writing of Bernard Avishai, a man who teaches political economy at Dartmouth, Dartmouth being a private university in Hanover, New Hampshire. It does not matter where he is teaching, from my personal point of view; the man has been in a stage of historic denial. You see, over the ages Hamas has only ever agreed to a cease fire when the ammunition was lot and they would only keep it until the stocks were back up. In this stage we need to consider what the impact is. You see, the issue is not that missiles were fired on Israel; it is the fact that 400 were fired. The storage for this would have been pretty enormous. This also implies that for the most, the rocket fire is done with the ‘blessing’ from the Palestinians to a much larger extent than we ever considered before. The even more hilarious view is given by the Washington Post with: “Why did Israel carry out this military operation at a time when many were heralding novel progress in diplomatic steps toward alleviating tensions between Israel and Hamas?” My response would be: ‘Didn’t you guys lose a temporary reporter recently? How much of a stink did you kick up over that one? So when 400+ missiles get fired at civilian targets in Israel, we see clear cause and even the consideration that the response was disproportionate (too light), in this that for every 10 missiles one building van get flattened, Israel can still lower the maximum altitude towards zero for at last 35 buildings at present‘.

From my point of view is that we need to hunt the money. These were not some 400 garage band projects, they were ‘commercial’ products (and not cheap) and there should be a trace on where they are from. 400 missiles, even over 10 months is just too much of an amount. There will be a trace and that stuff needed storage, even if it is after the fact, we need to look at the options at what could be backtracked. There is also debate over ‘Israel risks igniting a war that no one can win‘. I agree that there is a partial truth in all this, yet the risk is already ignited as the premise of premeditation that it takes to launch a 400+ missile attack, yet the Washington Post is not really that interested in giving us that light, merely keeping the darkness alive in hindering the light to shine on the truth of attacks against Israel. We can argue that Boaz Atzili has a point or two and he does have them, yet the lack of illumination on the actions of Hamas is also leaving me with a question mark in all this. In addition, the news (very generic) giving us Likud Minister Tzachi Hanegbi downplaying the rockets is also an issue, let’s be clear that it is a valid political play, but the stage with 400+ missiles is a changed stage and the denial over that is a little too weird for me. You see as a national security expert he knows better, the storage, the preparation to get this done was decently impressive. The timeline before this will be equally important. No matter how many rat tunnels are drowned. There is a direct need to look into the trace these missiles back as this will happen again and again and the next time it could optionally hit the wrong place (what Hamas calls the bullseye) and at that point the fence comes of and we do get a full scale war. We could consider that the pressure is removed as Gaza becomes part of Israel, yet another option would be preferred by pretty much every party (including Israel). It is there where we see the agreeing light to the statements by Dr. Mordechai Kedar. He gave us (more than once): “What would the UK have done to anyone who launched 400 rockets at its civilians? How about just one rocket? What would France do to anyone who dared launch one single rocket at its territory? What would any US president do to Mexico if it dared launch one mortar shell at America?” The bulk of the world has had enough of the mind games that Hamas and Hezbollah plays (as well as Iran and to some degree Turkey too) and the people are getting angry, they want it resolved it in any way that takes Hamas and Hezbollah out of the equation permanently. If anything that feeling is mostly fuelled by the images from Yemen, a situation that Hezbollah was a much larger part of than the news is letting on and the people are realising that too, hence the increased anger and frustration from the civilians in nations all over the globe.

Then we get one accusation that is a much larger issue. When we see: “Qatari money is being transferred at Iran’s behest. Iran’s rulers, under severe economic sanctions at present, do not want peace and tranquillity between Israel and Gaza. On the contrary, they want the smoke rising from a war between Israel and Gaza to divert media attention from Iran and the “deal” which granted the Ayatollahs 150 billion dollars in cash with which to destroy the Middle East. Qatar, a long-time supporter of the terror espoused by organizations whose ideology originated in the Muslim Brotherhood, backs Hamas publicly. It has, for the most part, built the infrastructure, including the military one, for a Hamas state in Gaza.” It is an issue as the evidence is required. It will not only end any nuclear deal, there would be enough public outrage that any politicians who was connected into diminishing this part in the equation, that person will be an outcast, the people will demand that person to be removed from office for life and the media is actually aiding some of these connected politicians. Certain people in the EU will see another light if we can ever clearly show evidence of their ‘assistance’ in feigned opposition to Hezbollah and Hamas, as it comes with a large consequence. One that needs to be put in legislation, yet the calls for an adjustment that a political voice is set to zero if any terrorist assistance could be clearly proven. To get there it is more and more important to trace the missile attacks not merely before the attack, but collect the evidence after the attack so that a much better case could be made against those supporting Hamas and Hezbollah through military hardware. I make it sound easy, but it is not, the water is deeply dark and there will be no clarity, not for a long time. Yet identifying the players in all this is becoming increasingly important., and there is a call to expose those who seemingly hide behind a humanitarian political cloak, and let’s face it the people have a right to know, do they not?

Yet the issue remains clouded and it will do so for some time. So as we see innuendo, gossip and covered information take the central road in all this, we need to consider the impact that inactions have. Even as we see US actions with: “The U.S. Department of State announced on Tuesday rewards of up to $5 million each for information or identification leading to the capture of the following terrorist figures: Hamas leader Saleh al-Aruri, and Hezbollah leaders Khalil Yusif Mahmoud Harb and Haytham ‘Ali Tabataba’i” we need to wonder if it has any impact at all. A Dark web ‘source’ made mention that one of them (Hezbollah) is supposed to be at a place called ‘مسجد الإمام الهادي يحيى بن الحسين’ either within the next 72 hours, of was there in the last 36 hours (the text was ambiguous and the translation by Google did not make any sense at all). Parts of the other text translated to a mosque supposedly in Sadat, which is in Egypt and that made even less sense to me. So relying on Google translate does not seem the best idea in any of this (as well as the fact that I cannot decipher the native Arabian alphabet), yet the exercise was important. Knowing the elements you cannot fathom in the first place is a first step in finding the limitations of a thought process. Data is the foundation of creating the timelines we need down the track and the lack of effort that are seemingly in place is impressive.

Even when we accept: “Qatar played a bad role in supporting the Houthis, especially after having already fought them as a former member state of the Arab Coalition, is self-destructive behavior, “ Al Adini said while explaining that Qatari leadership fully understands that Iran’s agenda in Yemen threatens both Arab and Gulf security“, we are seemingly missing a larger element in all this. You see, Hamas, Hezbollah, Houthi forces, Qatar and Iran are all elements in all this. They are all elements in a progressing destabilisation and money is the central key here. The issue has been going on for a year when we were first treated to “Saudi Arabia, the United Arab Emirates, Egypt and Bahrain have imposed a near-total embargo on Qatar since June 2017 over allegations of Doha supporting radical groups and seeking closer ties with Tehran“, I always have doubts, but the given links are becoming overwhelming. It is not merely ‘where there is smoke, there is fire‘, it has evolved into: ‘There is so much smoke in this room, I can no longer see the walls‘, ignoring this and ignoring the games that Iran is playing in all this is becoming a very dangerous stance to maintain.

I did do some (highly speculative and debatable) research in this and there is more and more alleged links towards bitcoin exchange on the dark web. This leaves me with the worry that there are even more Qatari links active as there would be an easy method for Saudi’s to use their banks as they do not reveal anything to anyone ever, so whoever is using this path is requiring an almost total level of isolation. I am not stating that Saudi Arabia is innocent, but the implied facts give more and more rise that other players are using the dark web to launder money and make payments as well as supportive accounts. This is a stage that cannot be proven as any link will never go towards any source that has any value, yet I searched as 400+ missiles represent value and deployment of such resources will cost a fair bit too. So I looked into whatever dark web search I could. Now, there is no way to get anything remotely reliable and my method was as plain as it was useless. I merely looked at the haystack hoping I would see anything metallic (optionally the needle we all seek). That is as good as it gets and even as I got more and more details on optional events, finding the wheat from the chaff is unlikely to happen. I reckon me winning the lottery has better odds. Yet the idea that this path has been taken makes more and more sense so even as we cannot find the relative data, finding the relative data becomes increasingly important because there is every chance that places like Iran would use it to fund events for Hezbollah optionally all over Europe and finding the money is a top priority. Just on the side of all this, the fact that I (as a mere exercise) would have been able to get a Glock 17 & silencer for $1149 (and an additional $49 for two extra clips with a box of 50 rounds delivered to a drop place in the UK, and you still think the entire Novichok issue in Salisbury was as clear cut as everyone thinks? If I was able to find this, then the GRU would have known about it, that entire situation never did make any sense.

There were links that offered something more exotic, but I was unable to get there (reason unknown), so in all this there is a reason to check the links and there was even more reason to pursue or is that peruse the information? I believe that the dark web is the Chinese wall that both Iran and Qatar are allegedly using (extremely speculated by me at this point) to keep insulated from any accusations and therefor that data will become increasingly important. There was more, a Dutch Freelance (detective or Journalist) found an extremist with: “an .onion link in their bio. I thought, Wow, this is the first time I’ve ever seen a jihadist group using an onion link. So I opened it, and I was blown away. I sent the link around to a few different friends with similar interests, and they were also blown away. We wanted to think it was a scam, but there were just too many factors ruling against it being a scam“, I personally believe that the issue is larger and even as some can be stumbled upon, there is a growing trend to use .onion links like burner phones. To be merely there for a short time (a speculated 96 hours) and then abandoned. Yet in those 96 hours, traffic of goods and finances could have been completed. It would be the operations equivalent of an entire lone wolf operation with no chance to find it in time. That too gives rise to the need to start tracking with a long term need after the fact. Even as prevention should remain the initial need, the data could down the track be enough for conviction and that too is important. Yet, for the most I cannot prove any of this. There is a lot of implied and even more speculation linked in all this (as I stated earlier) yet the connections are too realistic and probable to ignore. If people like Ben Strick are correct and there is an actual setting of: ‘jihadi crowdsourcing‘ then the impact of escalations in Europe will only escalate with all the issues that follow, which is an additional reason to stat mapping all this. So unless we want to start living with the slogan: ‘Terrorism is OK‘ we need to start to think about creating solutions that can deal with inverted data funnels with an optional stage that an inverted funnel leads to 3-4 other inverted funnels. This is not an easy path and there is no real direct answer, because it is not merely which inverted funnel it goes into, it could be that the third tier is a funnel where the path is not where it leads to but where it went when the data bounced, that too is a destination and that path that skill will become increasingly important. To illustrate this is a lot harder, but I will try though market research. Consider an interview; it is a mere one on one event. Now we assume that the interviewee was the jihadi crowdsourcer’s data point. So we begin with a few simple narrow, closed-ended questions. From there on we move to broader, open-ended questions. This gives an optional pattern and we move from both specific and general questions. When we have asked enough questions (collected enough data), we enter a stage with Diamond questions, which is a combination of Funnel and Inverted Funnel questions.

Consider the image, we see inverted funnels (yes, go with it), so as we go from A, will B be the exclusion, or did it enter the funnel? If it entered, C is out of the question, so if F, yet E remains a player. This is near impossible and it is not in one transaction, it is over hundreds of connected transactions that certain players will be excluded, even more events are needed to find a group, yet there will be a pattern over time and that is what is needed. Yet if C is not an inverted funnel, but a funnel, or it as an inverted funnel and the traffic went through C, we now see that F remains an option and B, D and E were excluded. It will be a data collection over a much larger time frame that will prove this and time is what is needed. Most Jihadists will not care to live, yet the people behind it will always prefer to outlive events and it is the only way to get to them. You see, when we look at history, we all know Ghandi, many, especially Hindu will know that he was murdered by Nathuram Vinayak Godse. Yet the movie (by Sir Richard Attenborough) implies someone behind the screen and those are the people we need to find. It starts by proving that there was a person behind the screen. In case of Hezbollah that is actually decently simple as the amount of Yemeni missiles required is impossible Hezbollah to afford (or produce) in any way shape or form and it is easy to state that it was Iran, but we need the individuals to connect to it all and that takes time. ‘Follow the money’ is the most realistic path to take in this case. It is more realistic as Mossad has been unable to find actual missile traffic for the longest of times, and even if they did, it would be for one shipment. That too is still important as it links goods and money, so that path must not ever be abandoned, yet conviction without the money path proof is pretty much impossible and the time is now as we see more and more events leading to Europe and to a larger stage, so this path is becoming essential. If we translate the events to marketing (or market research) the same paths can be used. Whether we go via vendor, via drop point or via the path of the funds and buyer, we have the elements of awareness of what to get where, interest to get what is needed, choice of goods and purchase to go through and unless every stage was another person (not enough people) there is still a path. The unaware cannot purchase, the unaware cannot choose, the interested part is aware, a choice was made, it does not matter whether online or offline, it is not virtual, so there was traffic in some form. Even if the first two stages are negated a specific person has made the choice of goods to purchase, so now we have inverted or not a much smaller funnel to work with. In the end at the bottom we have the point of purchase (or point of sale) and there is a connection there. Something was bought/sold and funds are linked to that, so that part is optionally set in cement, the rest is not, yet the deployment path is still ‘riddled’ with actual people as well making the picture more complete. Now we need to find their optional connections to the dark web, if it is web and not dark it becomes increasingly easy, yet this is not a path where we bank on too much good news and there is in the end the question if convictions will be possible. Even if the path is an inverted funnel (showing what some call a Customer Experience Funnel view), we can see that the jihadists unite in certain views and if they were the advocates in this, it stands to reason that they try to engage to increase their footprint (and attempted funding). Finding that point will give optional identification of channels with an optional overlap to people linked to the buyer and/or shipper. It is a slow path, yet as time progresses an essential one. It achieves two parts, the first the optionally linked people, yet it also shows that those not linked to anything can optionally be excluded freeing up resources to refocus in this path, because this path drains resources and whatever resources there are available will be stretched. It is precisely the view we need to have as more data means more efficiency. One could argue that it could make it an optional track to find links to servers that have remained invisible for the longest of times, because if two people are found, there is the optional chance that they have gone to a .onion link that we have never noticed before and that would be a first true victory, yet in a short term span, if temporary is the name of the game, it becomes a near impossible task, should we therefore not do it? Are we ready to admit defeat by stating: ‘Terrorism is OK‘, or will we get the notion to get clever about it and limit the dangers we are exposed to. For this we can actually quote Tom Cruise (the Firm): ‘If you want the criminals, go after their lawyers‘, in the case of Hamas and Hezbollah, we need to go after their accountants and contributors, and optionally their military goods distributor as well.

If you truly want to decrease pressures in the Middle East, this will be the only path that really works. If you are delusional enough to consider peace talks, consider how many there have been since 1982 and how often it worked (as well as the cost involved). It is a discouraging picture that makes depression look like a healthy positive look on life.

Oh, and should you consider Europe to be completely innocent in all this, consider that Bloomberg gave us: ‘U.S. Warns Europe against Iran Payments after Austria Bows Out‘ (at https://www.bloomberg.com/news/articles/2018-11-15/u-s-warns-europe-against-iran-payments-after-austria-bows-out). The quote: “Austrian officials rebuffed entreaties from France, Germany and the U.K. to host the so-called special purpose vehicle, a system that the European Union sought to handle payments to Iran in defiance of U.S. sanctions” has absolutely no bearing on terrorism or fuelling terrorism. Yet it does show a desperate need to keep a level of facilitation to keep some Joint Comprehensive Plan of Action in play, a situation that has not been realistic for several months now. The issue optionally becomes a much larger vessel. Even as we see: “EU nations have identified Austria as the best candidate to host a special purpose vehicle that could handle payments to Iran, according to three people familiar with the negotiations. Austria itself is not so keen. Belgium, Luxembourg and France have also been identified as potential venues but Belgium and Luxembourg have declined while France is looking to Austria“, we see a nation not interested and an EU ready to take a desperate step, in all this, when we see the earlier quote ‘France, Germany and the UK‘. Why isn’t France, Germany or the UK doing this? It is that setting that shows a political game of facilitation on too large a field. From my limited knowledge, I feel that the EU is all about non-accountability yet the impact will be felt in Europe. Unless direct evidence can be produced by all EU signatory nations that this Joint Comprehensive Plan of Action could prove to be an actual solution. And in this I mean that politicians have to put their name under it and live with the consequences of being cast out of politics (for life) when it backfires, at that point we will end up seeing that no one would have been willing to put their name under any of this and you still think that Iran is merely sitting on the sidelines?

We need to figure this out before the Middle East destabilises close to completely and we are running out of time, if we have to choose, I personally see no other option but to openly side with Saudi Arabia in all of this, they might not be perfect, but with Iran as an alternative, we are basically ending up not having any options for any stable future at all. That part of the equation was given to us by the SMH merely a few hours ago (at https://www.smh.com.au/world/middle-east/us-eyes-ways-to-remove-erdogan-foe-to-appease-turkey-nbc-20181116-p50gew.html). when we see that the US allegedly accused through: “The Trump administration is exploring possible ways to remove US-based Muslim cleric Fethullah Gulen, a foe of Turkish President Tayyip Erdogan, NBC News reported on Thursday“, Turkey an open ally of Iran, as they are openly strengthening trade relations, giving even more pressure to the European union in all this, when the US ends up handing over the ‘enemies’ of President Erdogan to Turkey, so that they can be lost forever, at what point was Iran even a choice?

How much longer must we wait until we make hard and essential choices in setting a path that actually stops terrorist actions, because 400+ missiles can be considered as actual evidence that there is clearly a lack of actions on that front by way too many political players and governments as a whole.

 

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We are merely Tools

This is not a nice piece; this is not even a kind piece. It is a piece on reality, a reality that most people embrace. Yes, you, my readers and even more those who do not read this blog, they are all part on the setting of tools. In this case a tool named Jamal Khashoggi, a person who ended up being more useful after life then whilst he was still alive.

If we were to ask anyone on October 1st and before: ‘Do you know Jamal Khashoggi?‘ The response in 99.6% would have been a clear No! Even among the Washington Post readers, many will not have known him. Yet now, the numbers are reversed 0.4% will not know him, a number that is actually a lot lower lower than the world percentage of dyslexic people on the internet. So as a tool he has been useful.

Even now, when looking at the last few days of news we see:

  • Findings point to Jamal Khashoggi’s ‘body parts being melted’ in acid – News.com.au
  • Jamal Khashoggi killing: Turkish President claims ‘highest level of Saudi government’ behind murder – Nine.com.au
  • Who ordered the murder of Jamal Khashoggi? – Al Jazeera
  • One month after Jamal Khashoggi’s killing, these key questions remain unanswered – Washington Post
  • Khashoggi’s fiancée vows ‘there’ll be no cover up’ as claims emerge his body was ‘dissolved’ – SBS News
  • Khashoggi murder: Turkish leader blames Saudi state directly – BBC

And an overwhelming amount of articles are laced with ‘inside sources‘ and people like Yasin Aktay stating: “he believes it was dissolved in acid after being cut up“, yet these articles and the statements are absent of evidence, absent of clear documented and collected evidence giving rise to the quote made, merely people hiding behind ‘inside sources’ and ‘innuendo’, Nine News and others add a picture of the smiling Crown Prince Mohammed bin Salman, whilst there is no evidence of any kind that he was involved. So again we see “A Turkish official said he believes after Khashoggi was killed while in the consulate to pick up marriage documents, his body was dissolved in acid or other chemicals“, whilst three weeks ago, the Turkish government claimed to have audio tapes with evidence that he was cut up into pieces. So which version is true and why is the Turkish government not giving out all the evidence to show that they have it? Because the Turkish government does not really care, does it?

We see: “Turkey’s close ties to Saudi Arabia“, yet no one gives light to the fact that Turkey is for the most merely a puppet for Iran (my personal view in all this), that part is left out of the equation, the fact that Iran is in a proxy war with Saudi Arabia could pop up and that diminishes the use of this tool called Jamal Khashoggi.

Even as Nine News does give us at the very end: “Netanyahu said at a news conference that Iran is a bigger threat than Saudi Arabia and those who want to punish the Middle East kingdom need to bear that in mind. “A way must be found to achieve both goals, because I think that the larger problem is Iran,” said the Israeli leader, who attended a meeting of the prime ministers of Bulgaria, Greece and Romania and the president of Serbia at a Black Sea resort.”“. I believe that the statement at the end is pro forma only. All the networks want to use the emotional barrage of Jamal Khashoggi as much as they can. Most of the articles are absent of critical questions that for now, for the most have never been answered. The failing here is actually larger when you consider that for the most the failing is even increasing. Yes, that is actually possible at present, even a month after the event.

It is now Monday morning and the news that we see next was already out but I decided to let it simmer.

The headline giving us: Gates Foundation ends $5 Million Pledge Partnership with Saudi Crown Prince’s Charity over Khashoggi Killing. So in all this, Bill Gates walks away from business, now that is his right and his purse would not even feel the impact of those 5 million, but in all is this a wise thing? I mean when we look at it, the man (Gates) optionally deserves the death penalty for what he made his users go through. The Daily Mail claim “Microsoft claims Windows 10 deletion bug is FIXED but won’t release it” should have long lasting repercussions should it not? One life versus the long-time torture of millions, how does that relate? Or perhaps the report from last week: ‘Another Windows 10 bug lets UWP apps have access to all your files‘. So as it comes down to standards Bill Gates really does not have the best track record does he?

No one denies that something went bad and there are government officials involved, but who, or whom? We have yet to be presented with any evidence. The known factor that Turkey is appeasing Iran is left out of the media for 99%, the issue that the Saudi Consul general left for Saudi Arabia and no one is asking questions there is also a factor. I am not proclaiming that this man is guilty of anything. Yet there were two versions; one of them the media informing us that he ‘fled’, the other one is the Turkish President, giving us in regards to Mohammed Al-Otaibi: “a phone call he had with King Salman Bin Abdulaziz a few days after Saudi journalist Jamal Khashoggi was killed inside his country’s consulate in Istanbul. “The Consul is not efficient and I have told King Salman of this” and he is suddenly relieved from his position. The issue is that he media is not giving us anything, they are making it worse. The less than a dozen true journalistic sources are overwhelmingly repeating things like they are all copy/pasting Reuters and other vanilla sources.

The final straw in all this is actually his fiancée, who I will give a pass in all this. Yet the Independent gives us the headline ‘Khashoggi murder: Trump administration ‘devoid of moral foundation’, killed journalist’s fiance says‘ and the quote: “‘Some in Washington are hoping this matter will be forgotten with simple delaying tactics,’ Hatice Cengiz writes“. Both are optional truths, they are emotional ones and she might be the only person allowed to do that (apart from some co-workers at the Washington Post perhaps). There needs to be no moral foundation in America, the man is a Saudi Citizen. The second part in all this is that the optional crime was never done on American soil, or within American territory. This gives us that America is not even a factor here apart from the fact that Jamal Khashoggi worked for an American company. So do millions of others and I do not see that government speak out for them, or there neglected rights, do we? Why do we care about this journalist?

Several sources give us that 14,000 people died in armed conflict in Yemen, in addition over 50,000 died of disease and famine, where is your outrage against Iran and Hezbollah there? I agree that Saudi Arabia is part of it, yet that coalition was there on request of the duly elected government, the Houthi rebels have received ‘assistance’ from a terrorist organisation and a terrorist supporting nation and the lack of outrage here is disgusting!

And even as we see America taking charge, the news we saw hours ago (Source: GulfNews) when they gave us the quote: “Iran enters a challenging new phase in its economic activity and international relations, with the imposition of a series of tough sanctions on the regime for its failure to fully satisfy Washington and its allies over the intentions of its nuclear programme. But the sanctions too are being imposed on the Tehran regime that continues to flout international norms by arming, aiding and abetting the militias and armed groups from the Bab Al Mandab to the Mediterranean who further its sectarian and seditious agenda“. I cannot vouch for Gulf News merely because I do not know them that well, yet the absence is other news cycles to a much larger case makes it a worry. In addition, we saw the inclusion of Bab Al Mandab. The point becomes is this merely Yemen, or is there more to the story that involves an (extremely unconfirmed) setting of Moulhoule, Djibouti. And if that is so, one of the most prominent targets there is Oilibya, are they at risk? It is also a stage for moving both towards Eritrea and Somalia. Eritrea is less likely between the two, but a terrorist with options is never a good thing. We also see UAE tycoon Al-Habtoor stating that Hezbollah needs to be a prominent target. He voiced it as: ‘Hezbollah needs to be eliminated‘, which might be actually a little too diplomatic, but the story is clear there are two players in all this, who have been waving the Khashoggi flag, yet no one is really asking questions, questions that matter, are they?

There is more to this, there is a side that I have mentioned several times before, and here we see it clearly in ‘print’. The quote: “Frankly, I am worried! ‘America First’ is a slogan that inspires patriotism. Every nation has to put the interests of its people first. That is normal. However, actions taken by this administration under that slogan are alienating America’s friends. No country is an island by itself. We share one planet. We are all responsible for finding solutions to common threats. We need to be partners in the decision-making.” I am not against nationalism; it is a statement of pride (for the most). In France there is Marine Le Pen and there is no doubt, she cares about France and France alone, it is not a bad thing. The Trump administration is doing the same in the US, the problem is that in the EU, those commissionaires are mostly in it for themselves, and their cause. That is how I personally see it. Not some nationalistic pride, but the cohesion of continuing something that profits them and not the European civilians as a larger whole, that is one of the stages and it is an important one. You see the press in Europe has been going soft on Turkey, on Iran and on Hezbollah and that is impacting all other avenues. Yet they have slammed Saudi Arabia at every turn and a lot of it through innuendo and ‘unnamed sources’.

And in part Al-Habtoor is right, the problem is that Iran gets to continue to play their game through proxy and the payoff for Hezbollah is nice as it gets missiles to fire into Israel giving a rise of escalations is several places. Taking Hezbollah out of the equation makes sense on several levels. The world is a better place without Hezbollah and in addition as Iran cannot continue to act in proxy they must either enter a full-fledged war or back down and hope that Turkey will do their bidding. It is my personal believe that Turkey is not willing to get the limelight there either, not in that way.

The press is massively void of those elements that have been proven on several levels by a few sources, so tell me how weird is that?

Even now, in the last hour we see the Australian, the Business Times (41 minutes ago) and Haaretz (32 minutes ago), so in this Jamal Khashoggi is still a media bankable currency. Yet those sources have remained quiet on the Hezbollah activities in the last 24 hours, so you tell me on how Jamal Khashoggi has not been devaluated to a mere media tool, all having their own goal, yet I personally believe that the critical truth is not on their mind at this point, that story was old the day after he passed away.

And there are still people confused on why we stopped trusting the bulk of online news and the media as a larger whole. I believe that to a much larger degree we can no longer see the difference between fake news and the overwhelming amount media (and their) presentations that also print a newspaper.

 

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The stagnant life

What do you do when your life stagnates? What do you do when the next step is a smaller iteration of the previous one and the one that is coming is even less than that? Have you considered this part? It all started in the Guardian, which was soon transplanted to the Verge. Vlad Savov gave the notion with ‘What was good is still good; what was missing is still missing‘, it is about the OnePlus 6T mobile phone. Yet for the same setting it could have been our life, it could have been our career and it could have been our future. It is more of the same, yet for us it is interesting as it is cheaper, and as the Verge gives us: “starts at $549 for a sizable 128GB of storage and 6GB of RAM“, we see that it is affordable. Yet when we look deeper, what do we get?

The good gives us: ‘Strong battery life‘, which is actually important in this day and age. Yet the other side is: ‘Camera remains mediocre, lacks wireless charging, still not fully, waterproof, quiet loudspeaker‘. In this the two I care about is the camera and the quiet loudspeaker. The camera is handy to have and here we see the first part. We get a Rear camera: 16 MP + 20 MP, whilst the front camera is 16MP, which is a lot more than my three year old Huawei P7. In addition a few sources give us: “the OnePlus 6 starts at just £469 for the 64GB / 6GB model, which makes it significantly cheaper than the £869 starting price for the Pixel 3 XL“, is it about the money? For many it is. It is the loudspeaker that inhibits the phone when we see: “the loudspeaker, which sounds very nice on this phone, but is woefully inadequate in terms of volume. Even at max volume, it’s only really useful in a quiet environment“. It is an inhibitor as I have missed calls in the past because I did not hear it ring.

How does a phone set a stagnant life?

You see, the second part is seen when we see the new iPad pro and it has no ‘Home’ button. Is that what we have progressed to, a massive marketing target and the fact that we ‘wow’ the home buttons demise? So as the Guardian gave us: ‘The long-rumoured iPad Pro redesign will be the first significant change to Apple’s iOS-based tablet since the release of the 12.9in iPad Pro in 2015‘, we see the issue. That is the great progress since 2015? No home button? How stagnant are we, and how stagnant has our technology become?

For example, in 2003 I saw the first virtual keyboard. It was projection technology (see image). I saw the impact it could have, to instantly switch between Roman, Cyrillic, Hebrew, Hiragana, Katakana, perhaps even Kanji and Arabic, a true push forward for all notebooks, netbooks, laptops and even tablets. More important was the fact that it took away key logging as intrusion to a much larger extent and in addition to that, a person could start working in a truly international sphere, as well as the fact that pretty much any flat surface would do, so no keyboards to mess with. It was true innovation. So when the first iPad was launched and it had the ‘keyboard’ on screen, it was progress, as it came at the expense of the screen, which was not great, yet much better than we ever had before and now I had direct access to all the Scandinavian characters which was awesome. So in 15 years, we see Apple give us ‘no home button‘, how weird is that? And the virtual keyboard need is more of a reality; the batteries are a lot better than we had them in 2003, 15 years of battery development to work with. The laser would have been a lot better, but Apple has not gone that mile forward as an accessory (even as the smart keyboard for the iPad pro is sweet), you are restricted to ONE keyboard at that point. The union of the smart keyboard and virtual keyboard could have been so much more and in 15 years they never got there?

Is this iterative technology holding us back? Is this a lack of vision, or is it merely the need to exploit the people one keyboard per purchase? If this simple innovation is withheld, how much more are we not getting? I can state that question as the technology has been there for 15 years and I know that there are innovative people out there, brighter than me. So why is Apple trailing that curve and not heading it?

Even as I initially designed what would have been the iTome (or optionally the Google Tome) and we see no plans or patents in any stage where that solution (which could solve many NHS issues) is planned, will we need Huawei to solve it for us and when they do will the USA bitch like a little girl whilst not providing any level of evidence? So whilst we get exposed to another wave of anti-Huawei, in this case by Australian Signals’ Directorate chief Mike Burgess, and when we are given “a potential security threat anywhere in the network would threaten the entire system“, yet no evidence was added to this. So when I see: ‘Fairfax Media and the ABC reported on Tuesday‘, it personally merely reads along the lines of one working the shaft and the other one was it tickling the balls of Telstra (a slightly less diplomatic view on all this). The more irritating part is that we have seen this circus go on for months now and still no evidence was ever given, clear evidence of that risk. More important, the risk by some other players (Apple) was shown as they decreased the battery efficiency of the mobile phone. Apple got a €10 million fine and had an annual revenue of one hundred and twenty seven billion. How flaccid should we consider these governmental player fucks to be (pardon my French here)?

It is even more fun to contemplate when we take Business Insider a mere 3 hours ago (at https://www.businessinsider.com.au/top-spy-explains-huawei-ban-2018-10) and we consider the following: ‘Australia’s super-secretive communications spy agency has explained why Huawei is seen as an infrastructure risk’ (actually the ASD is at Russell Dr, Russell ACT 2600. Source: Google search). So now we get the quote, and it is a good one: “One of Australia’s top spies said the electricity grid, water supplies and other critical infrastructure could not have been adequately protected if China’s Huawei or ZTE were allowed to build the country’s new 5G mobile networks“. This is a realistic setting and it is the job of the ASD to look at this. Yet the same risk would have been there with an American or even a Scandinavian system (Ericsson), even in 5G there would have been all kinds of layers and intrusion is a realistic fact in 4G and it should similarly be so in 5G. That is why you hire the proper experts to set a secure stage. So now we get to: “His warning coincided with a new report from The Australian Strategic Policy Institute, which revealed Australian universities were collaborating with Chinese military scientists at unprecedented levels and failing to mitigate national security risks“, so where is the evidence of that? We see that the Australian Strategic Policy Institute (ASPI) is ‘overly’ advertised as independent. From my personal point of view, as I have seen some networking events. People like Michael Shoebridge and Peter Jennings would have ties with Telstra that are way too strong (merely the impact of networking). So is there a chance that they are driving Telstra opportunities? I have NO evidence of that, and I am not stating that this is happening, yet in that same regard I have seen NO evidence that Huawei is an actual risk, which is what others are stating; is that not the driving part here? Now we need to also consider the second part of Mr Burgess. He was also quoted: “Mr Burgess did not specifically mention Huawei or ZTE, but said it was no longer sufficient to confine “high-risk vendors” to the edges of a telecommunications network“. OK that is fair enough, yet I have an issue with ‘high-risk vendors‘. Not because of the vendor part, but the ‘high-risk’ setting. When exactly is a risk a high risk and is that a systemic situation, or is the lack of knowledge, a knowledge that was not pursued in time, as the foundation of evolution from risk to become ‘high-risks’?

I started to evangelise the need for true non-repudiation 5 years ago, I was confronted with the need 7 years ago and we are nowhere near that today. As the designers and greed chasers were all about facilitating for greed and maximised revenue, we saw the fall of reliability and security on a global level. Windows 10, Sony, Facebook are all events that show this. I see a lack of proper testing; a lack of proper assessing; an insatiable need to quickly patch so that revenue remains up. None of it was done with the need of protecting the consumer, merely to facilitate corporate greed.

So whilst that article ends with: “Fairfax Media is investigating cyber hacking incidents in corporate Australia. Tip off our team confidentially via this secure online system“, we are confronted with two parts, the first is that Fairfax is not the greatest channel to get stuff looked at, whoever does this could be prosecuted as a whistle-blower and more importantly that a lot of these issues would not have existed with proper non-repudiation in the first place. So whilst there is no true evidence that China is the bad individual here and that Huawei is not the great technological evil, we must not remain absent from proper scrutiny and that would have been fine, if there was only true scrutiny brought to the media and that has not been done. When you consider that part you should also give another consideration to: “a potential threat anywhere in the network will be a threat to the whole network“, exactly how badly designed does a network need to be when we see: “a threat to the whole network“?  How have corporations failed us when they have not properly instigated protection layers? And in that trend how flawed is authentication technology at present that this could happen to a governmental debilitating degree?

And it is not just Australia, with the lack of evidence in any direction; the US has been pushing for this in the UK, Australia and Canada. Merely an hour ago TechAU is giving a similar view with ‘still provides no evidence‘. There will be a point when not only will we see the demand for evidence, we will demand harsh consequences who force the people in much higher expenditure impacting their quality of life. When that happens, the tidal wave of complaints will be enough to topple any government.

In our lives we need to take leaps forward, no longer relaying on iterative solutions. If we want true new innovation that is the only path that will make sense and in all that, the old farts in 4G trying to keep their fat income in a 5G environment better get with the program faster. There is enough indication that the people are getting fed up with certain settings and the numbers given merely a day ago: “Telstra had a 7.7 per cent increase in complaints” give rise to a lot more nagging by millions soon enough. Some might think that it no longer makes sense to complain. However there is always the option to switch providers and even as most are equally unworthy of our coins, some do stand out and as some are giving us: “With a three year total loss of 31%, Telstra Corporation Limited would certainly have some dissatisfied shareholders“. For me it is different, I actually do not give a hoot about the shareholders (never did, never will). Telstra can only head this up by advancing now through frog leaped technology, to get ahead of the curve, not to follow it when it is economically terrific. It is a path that is over and done with. Huawei and Google are showing that this path will not work in the long run and the consumer will merely be reflecting this as they have to pay for an outdated solution that merely has one less button and perhaps a jack taken out of the equation. We want to see true progress where we can do what we need to do anything I need to do.

You see in 5G it will not be ‘whenever we want it‘, it will be about ‘where ever we are, whenever we ask‘, it is not the same setting and the telecom providers are just not ready. It is exactly that setting that I saw in the Neom plans of Saudi Arabia where I saw the option of solution being addressed. The new stage where we see change; not one that becomes an option to one person but a change giving availability for all. A mere information stage that might seem to start with the information pylon, it goes beyond that, these things can be seen by buildings, in elevators and on the road, a mere place where we can immediately be updated or request to be updated, on the go and on the fly (literally so) and in all that governments are not ready, they left it to people who maximised on their profits with no intent of investing, a stage now coming to fruition as Google and Huawei leaped forward (OK, Samsung too). The rest is merely staging progress through marketing like ‘the most powerful console in the world‘ whilst one game (Red Dead Redemption II) requires close to 12% of the entire console storage, merely one game! That is merely one facet of the short-sightedness that we face today and 5G will bring these issues to the surface on a much larger scale. Not on the phone, but on the total infrastructure and it gets to be worse. You see, in 5G your mobile phone is not your phone anymore. It will be your personal data server whether you like it or not. So when we see ‘high-risk vendors‘, we forgot one element. That is the element we call ‘high-risk governments‘, the players behind the players who left other to do the preparations and now that they are learning the hard way (as I personally see it) that they are not ready, we see all these delays and other 11th hour grasps regarding the definition ‘high-risk‘. So as we contemplate the excuse “a threat to the whole network“, whilst we see nothing in the air of how such threats are even possible to exist. Whilst we were shown the Sony intrusion, the Facebook screw-up (Cambridge Analytica), we see nothing in the air of ‘we are prepared‘? We saw that excuse that people were prepared often enough for many years and when we look back we see articles (Financial Times) where the discussion was already on in 2012, six years ago and in all that time the danger of “a threat to the whole network” and ‘high-risk‘ did not make the headlines in all this? Is that not weird too? I personally see it as a clear example of facilitation towards greed instead of enabling safety to a much larger degree, security and reliability on a network that should have the non-repudiation ability that 4G never had, that was the foundation of the NHS solution, a safer setting, not a faster setting (which was actually a nice bonus). This is the first part in showing the players as those who propagate a stagnant life through iteration.

This has become a stage where the next generation is worse of then the two generations before us. On the upside, no, there is no upside to any of that, it is merely the recognition of facilitation of greed driven people and have we not facilitated to them enough?

 

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A promised correction delivered

Yes, I have made statements, conclusions I truly believed to be the case. Not because I am smarter (I am actually that), but the fact that everyone started to shout on innuendo and unproven statements by boastful people. I was determined to call their bluff. That is how I am, yet I am also the person that once evidence is given, that I will adjust the views and the position that I have taken before.

So as the Guardian treats us to: ‘Khashoggi’s son leaves Saudi Arabia as prosecutor says killing was planned‘, so as we are now given “Saudi prosecutor’s statement contradicts previous claims that journalist was killed accidentally“, I do remain in the setting that those high and mighty bitches of industry (like JP Morgan Chase and a few others), who were all in some uppity state, are now shown to have walked away prematurely, I reckon that they did many things premature in the bedroom, but to see those same people doing it in the hard cutthroat industry where they are supposed to be the sharks of the 7 giant oceanic corporations was new to many. The Guardian (at https://www.theguardian.com/world/2018/oct/25/jamal-khashoggi-killing-premeditated-says-saudi-prosecutor) gives us a lot of goods that are important to take in.

You see, I believe that I was never wrong, I merely wanted to see actual evidence, which is a different setting, the bitches of industry merely relied on innuendo. So when we see: “the Saudi public prosecutor’s office for the first time suggested the writer’s killing was premeditated“, a setting where we see ‘suggested‘ as the operative word, but from a legal source that gives the mere word ‘suggested’ at a much higher weight then the journalistic unnamed source could ever be. In addition to the previous we also see: “Prosecutors were interrogating suspects on the basis of information provided by a joint Saudi-Turkish taskforce, a statement from the official Saudi Press Agency said on Thursday“, which also makes me step back on the entire Turkey-Iran parts, there was actual evidence, it was merely presented by the media in a way that I would never have accepted until I watched it with my own eyes. So even as we are presented with: “Riyadh has taken great pains to distance the powerful crown prince from any responsibility for Khashoggi’s murder after it emerged several members of his personal guard and other trusted officials were involved“, we also see that the Crown Prince was true to his word. He stated: “justice will prevail in the Khashoggi case” and that is what seems to be happening. What I had reported on earlier seems to be confirmed now on a few levels. With: “The Washington Post reported on Wednesday that Gina Haspel, the CIA director, had requested and been played the tapes during a brief visit to Ankara this week – the first indication Turkey has shared the sensitive evidence with foreign parties“. It is the ‘the first indication Turkey has shared the sensitive evidence‘, it is part of the whole and must be acknowledged, especially by me, if I want to live with myself. You see, I was partially protective of the ‘players’ from team KSA, merely because the journalistic sources have lost too much credibility in the last few years alone. That was the largest setting of my choices and none of the evidence was acceptable by me, especially in the entire Turkey-Iran setting that most media is still not acknowledging at present.

So there it is, I am not sorry on the path I took earlier, I gave my reasoning here and I feel that I remained correct, yet I also disputed evidence on facts and as the disputed evidence is now shown to be actual, I feel that I had a responsibility to bear (or was it to bare) that out.

I also remain in the belief that I had from the very beginning, We need to rely on papers like the Guardian, the Times, the LA Times, the Washington Post, the BBC and a few others to give us the good stuff. There are those papers that rely on emotion to overbear us in any direction that they can push us, which was also the reason of opposing larger players of the press in all this.

You see, we seem to focus on all kinds of matters, except for the location and the entire events that surrounded Mohammed Al-Otaibi, we have not seen a lot there, did we? It goes a little further than that. One source (the Middle East monitor) gives us: “Turkish President Recep Tayyip Erdoğan said yesterday that Saudi Arabia has dismissed its Consul General to Istanbul Mohammed Al-Otaibi following a phone call he had with King Salman Bin Abdulaziz a few days after Saudi journalist Jamal Khashoggi was killed inside his country’s consulate in Istanbul. “The Consul is not efficient and I have told King Salman of this. A day later, the Consul General was relieved of his duties and returned to his country,” the Turkish president told the parliament in Ankara“, now we get the ‘good’ stuff. The parts that are important are easily seen. The article is two days old, yet the parts in this are ‘a few days after Saudi journalist Jamal Khashoggi was killed inside his country’s consulate in Istanbul‘. You see, if that was true, then the entire matter of the audio tapes take on a very different stage and value. If the evidence was there and it gives evidence of transgressions, then President Erdogan was giving Saudi Arabia heads up on certain events, in addition, when we contemplate the audio evidence that is part of all that, the statement that we see with ‘The Consul is not efficient and I have told King Salman of this‘, if these parts are correct, than we see that the Turkish government is optionally directly involved with the cover-up itself! I am also considering that one source is not good enough, yet the connections seen, gives a much larger light to the setting.

In the end, I need to keep the faith I have, I need to remain in the light of not what I think happened (many are doing that), it needs to be ‘what happened that can be proven’, too few players have been doing that. It was also important to raise the Mohammed Al-Otaibi issue as some papers stated that ‘he fled the country’, yet here we see the stage: ‘the Consul General was relieved of his duties and returned to his country‘, or as I initially stated it, he had been recalled; I seem to have been correct on that part too. The question remains important if we are to believe USA Today. There we saw almost a week ago: “Those fired included: one of the prince’s closest advisers Saud al-Qahtani; deputy intelligence chief Maj. Gen. Ahmed al-Assiri; Maj. Gen. Mohammed bin Saleh al-Rumaih, assistant head of the General Intelligence Directorate; Maj. Gen. Abdullah bin Khalifa al-Shaya, head of General Intelligence for Human Resources; and Gen. Rashad bin Hamed al-Mohammad, director of the General Directorate of Security and Protection“, no mention of consul general Mohammed Al-Otaibi, perhaps he is one of the 18 arrested, yet we do not have any names from that group, so for now there is no way to know.

In Other News

The Financial Post reported that ‘Google corporate parent’s third quarter disappoints jittery investors‘, which is always nice to see (even if no one really cares). Yet the stage that we saw two days ago in ‘The ethical threshold‘ (at https://lawlordtobe.com/2018/10/24/the-ethical-threshold/) where I made mention of “when we consider that “Diane Green, the chief executive of Google Cloud, also pulled out on Monday, according to the company” and gave that ‘Davos in the Desert’ a miss”, which in light of the shown evidence by some could have been the emotional short sighted part to do. Now, we know that Google will need loads of effort to mend the fences, yet souring the seating between themselves and the investors might not have been the best way to go about that. So as I made mention earlier of “those high and mighty bitches of industry (like JP Morgan Chase and a few others)“, especially when we regard that business solutions like Sharpcloud, a solution that relies on Azure AD, now will seemingly get a few additional options in their park, especially as Microsoft apparently opened a few doors. In light of what is going on and what is about to happen, certain dash boarding and investigative tools will have their work cut out for them. If they can please the initial players (like Salini Impregilo), the opportunities will become much larger and will entice a much needed audience to a much larger degree. So in this, Google did not merely disappoint the investors, there is now some indication that they handed market share to their opponents, all because of overreaction? Well that is for them to figure out, I remain a faithful believer of the Robocop phrase ‘Good business is where you find it‘ and any player that is staging the investment setting of a trillion dollars on a 12 year scale is someone you need to look at in different ways, if you do not, which would be your own choice, you end up merely cutting yourself. Everyone so up in arms over a journalist whilst Wall Street, Apple and a few others are quite literally walking away with murder on a much larger scale. You can blame the governmental and legal machines of all the folly that they represent, but as a corporation you still need to get from A to B and that is where it is my personal belief that some people overreacted (to a certain degree).

Yet the entire Google issue is also a stab in another direction. You see, when we are treated to “But Alphabet’s revenue fell shy of analyst projections. The company’s revenue, after ad commissions, totalled US$27.16 billion, more than US$150 million below analysts’ predictions“, the stage here is not merely that the analyst could have gotten it wrong, the loss in all this is roughly 0.552282%, under what amount is the optional miscalculation of something less than a percent the stage of such a reaction? If you need three tubes of Valium just to get back to hysterics whilst the optional loss is merely 0.55% less of an absurd amount of profit, we need to reengage into the folly of maximised profit, in a stage where they grasped at emotional levels of a moral high ground that they should not even be allowed to have in the first place and if my expectation comes through and some Microsoft Azure players do get to give pilots to certain players set to a growing awareness in the Kingdom of Saudi Arabia, Google will lose a hell of a lot more than a mere 0.552282% shortfall, they might actually lose market share, how much value will that be representative of?

the deeper you dig, the more we see that the statement in several newspapers made by Saudi Crown Prince Mohammed bin Salman giving us: “The Middle East can be the “new Europe”” might be more correct than some realise at present, especially when 5G starts its roll-out in the Kingdom of Saudi Arabia. In case you were not aware of the latter part, the Sumitomo Mitsui Banking Corporation, SB Energy and Tadano. They are all licensed for KSA endeavours now. So how much business are some players about to lose? So even as some questioned the statement: “Majid Al Qassabi, Saudi Arabia’s Minister of Trade and Investment, said the kingdom can be a launchpad for Japanese businesses seeking investment opportunities in the Middle Eastern and African markets“, we have a first indication that it is equally opening a double dipping opportunity for the mentioned bank with ties to both Egypt and the UAE. This is not some get quick rich stage, but the long term play will be extremely profitable for all three involved. All this as we see in opposition that investments in Europe are on the decline. Sources like Politico Europe and S&P global where some fields are losing as much as 19%. A dire stage in light of the 3 trillion euro float of its currency is nothing short of an optional nightmare stage for Europe. The escalating budget crises of Italy is merely one of several factors that will soon force Europe to make much larger changes, the slumping European economy is a close second. There are two other elements that I highlighted a few days ago, but we will see more on that soon enough. It was nice to see one source giving us a clear stage whilst pointing at history. the mere “After all in 2008, on the eve of the world’s worst economic and financial market crisis, Ben Bernanke dismissed the sub-prime crisis as a non-event. Meanwhile Jean Claude Trichet, Mr. Draghi’s predecessor at the helm of the ECB, went one step further by ill-advisedly raising interest rates in the months immediately preceding the September 2008 Lehman bankruptcy” should be one clear indication that there are plenty of optional dark clouds on the European horizon. Let’s not forget that people like Ben Bernanke and Jean Claude Trichet were never held accountable or prosecuted for any of those ignored events, were they?

Have a great day!

 

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