Lasgidi
Joined December 2011
Walle Smith retweeted
Deutsche Bank AG is going long on Nigeria’s naira against the dollar and has also added the west African nation to its frontier index monitor which now features several African currencies including Angola’s kwanza and Ghana’s cedi bloomberg.com/news/articles/…
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Walle Smith retweeted
Axios' @mikeallen asks Treasury Secretary Scott Bessent if he regrets saying "I am the house now." Bessent: "No, because look, the house doesn't win every hand. The house plays percentages."
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Walle Smith retweeted
Ethiopia and Eritrea have severed diplomatic relations as renewed fighting in northern Ethiopia raises fears of a wider regional conflict bbc.co.uk/news/articles/crpd…
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Walle Smith retweeted
two decades ago, far right parties across europe received about 7% of the vote. today: 25%
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Walle Smith retweeted
#BREAKING Eritrea says severing diplomatic ties with Ethiopia
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Futures prices, since start of the year. Rice: +71% Rubber: +40% Wheat: +37% Cotton: +23% Soybeans: +23% Wool: +20% Palm oil: +14% Tea: +10%
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Walle Smith retweeted
I want to welcome all DM rates traders. You are one of us now. You now understand the EM rates world macro masochism. The 'Berlin wall' between Emerging Markets and Developed Markets has fallen.
The podification of hedge funds had led to the Brazilification of all local rates markets
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Walle Smith retweeted
A PERSONAL TRIBUTE OLU JACOBS (1942 – 2026) I first crossed paths with Oludotun Baiyewu Jacobs—fondly known to many of us as Uncle Olu Jacobs—in 1978. A small collective of Nigerian classmates at the London Film School, including Adefolu, George, Femi Aloba, and yours truly, had banded together for our final graduation project. We set out to adapt Amadu Maddy’s novel No Past, No Present, No Future into our diploma film, Trying Times. We were young, ambitious, and eager to carry home tangible proof of our training in the art and technique of cinema from that historic institution. At the time, Olu Jacobs was a vibrant presence at the nearby Africa Centre in Covent Garden. From that very first encounter, he left an indelible mark on me: a consummate, classically trained actor with a commanding presence, yet generous enough to lead our student production without asking for a fee—his only condition being that we provide him a meal across our three-day shoot. Thanks to his compelling performance, Trying Times earned a coveted spot in the Governors’ Screening, affirming that we were truly on the right path. One of the most treasured milestones of my career arrived years later through M-Net’s New Directions initiative, an innovative scheme designed to stimulate African storytelling that ultimately helped lay the foundation for contemporary African cinema. I was privileged to serve as director of photography on Twins of the Rainforest, framing Uncle Olu alongside his equally gifted wife, Joke Silva. Their on-screen chemistry as husband and wife was electrifying. The camera never forgets; it remains an unforgettable blessing in my life that I had the opportunity to capture that rare intensity on 16mm celluloid film. The imagery from behind that viewfinder remains etched permanently in my memory. I will forever remember his warm, reassuring smile, that booming baritone voice, and his unwavering instinct to uplift everyone around him, cast and crew alike. It took extraordinary courage and vision for Uncle Olu to walk away from a flourishing career abroad. He had already established an enviable reputation across British stage, television, and international cinema—working on productions like Pirates under Roman Polanski—yet he chose to return home. At a time when shooting on analogue video seemed absurd to conventional filmmakers, he embraced the nascent Nollywood movement. He weathered every infrastructural limitation, pouring his immense craft and discipline into laying the bedrock of an industry that would command global attention. They simply do not make them like him anymore. A proud son of the rock, hailing from the rolling hills of Egbaland in Abeokuta, Uncle Olu was honored as a Member of the Order of the Federal Republic (MFR) alongside countless lifetime achievement awards. Yet accolades alone cannot capture the magnitude of his legacy: Oludotun Baiyewu Jacobs stands unequivocally as a founding patriarch of modern Nigerian screen performance. Thank you, Uncle Olu, for gracing my lens in Trying Times and Twins of the Rainforest, and for showing us what it truly means to serve the craft. Sun re o. Goodnight, Uncle. Tunde Kelani (TK)
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Walle Smith retweeted
Anyone else see a theme? US10Y >5%, HIGHEST SINCE 2007 US30Y >5.4%, HIGHEST SINCE 2004 JAPAN 10Y =3%, HIGHEST SINCE 1996 UK10Y >5.4%, HIGHEST SINCE 2007 FRANCE 10Y >4.5%, HIGHEST SINCE 2008 GERMANY 10Y =3.5%, HIGHEST SINCE 2009
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Die Spritpreise sind für viele Menschen eine zu große Belastung geworden. Das nehme ich ernst: Bund und Länder arbeiten an einer Entlastung. Wir werden dazu einen Vorschlag vorlegen.
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Ive been following Robin from his IIF days. Fantastic analyst. But this war he decided to do a lot of spin analysis by picking sides so ended up writing a lot of nonsense of oil prices as he would look only for info confirming his bias. Man said tanker traffic was increasing
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Data out today showed that tanker traffic slowed to single digits over the weekend. Now everyone is dragging him. He is still a pretty good analyst to read on macro, FX and rates directions but take his oil views with large dose of salt.
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Robin's calls on oil during this war have been way off cos he has a very peculiar bias which wont allow him to be objective. He was always going to be found out.
A permanent loss of Saudi Light/Medium of 4mbpd would likely require Dated Brent at $250+ (nobody knows) until demand has been permanently displaced. Not sure. But all of the bellow is typical amateur hour of macro pundits full of vanity. Avoid them at all cost.
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A permanent loss of Saudi Light/Medium of 4mbpd would likely require Dated Brent at $250+ (nobody knows) until demand has been permanently displaced. Not sure. But all of the bellow is typical amateur hour of macro pundits full of vanity. Avoid them at all cost.
Brent at $110 prices a permanent loss in the 4 mb/d from the Saudi East-West pipeline. That's obviously an extreme scenario, since work is already ongoing to get the pipeline back up and running. This disruption is more than fully priced at this point... robinjbrooks.substack.com/p/…
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Walle Smith retweeted
🚆 Lagos Blue Line: three years, over 70,000 trips, 9 million passengers safely delivered. Cooperation doesn't have to be grand. A railway that brings people from different backgrounds togethe, sharing the same journey, each heading to their own destination, is already a great answer. Thanks for 9 million rides. Next stop, we keep going.
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Bessent: “I am the house now. Bet against the house if you want.” They’re betting against the house.
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Good Morning from Germany, where gasoline prices have hit a fresh record: €2.33/litre on average. The pain at the pump is being driven by a triple whammy of higher crude oil prices, surging refinery margins (crack spreads) and higher taxes & levies. Energy inflation is back.
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