For Senegalese women, getting a mammogram is far from a habit. The act costs between 40,000 CFA francs and 60,000 CFA francs. The “Breast Cancer Senegal” association invited women to a free screening. Despite the introduction of free chemotherapy in Senegal three years ago, 70% of women with breast cancer die in the country. Blame it on too late screening according to specialists.
Monthly Archives
October 2022
Thomas Boni Yayi, ECOWAS mediator in Conakry to discuss the transition
written by Alexandra Hartman Editor-in-Chief
Published on :
The ECOWAS mediator in the Guinean crisis is once more in Conakry on Tuesday. This visit by former Beninese President Thomas Boni Yayi comes as a technical mission from the regional organization has already been present in the country since Sunday. The mission will have to stay until the weekend to discuss the duration of the transition with the military. Explanations with our correspondent in Conakry Malick Diakité.
In Niger, the rainy season is coming to an end… With the hope that the floods will subside… They have already killed nearly 200 people in recent weeks. A human drama, but also certainly an agricultural drama, since hundreds of hectares have been devastated by the waters. The most affected region is that of Zinder. Report by our correspondent in Niger, Harold Girard.
In this pink month of October, we will focus on the situation of women in Togo who suffer from breast cancer… The most widespread cancer in the country, it represents one in three cases among Togolese women. The cost of treatment is high and it is not fully covered by universal health coverage… Which explains an increase in deaths, since many of them do not have the means to treat themselves. Watch this report by Emmanuelle Sodji and Raphaël N’talé.
Editor: Célia Caracena
The inversion of the US bond yield curve intensifies the three major indexes to close in black | Anue Juheng- US stocks
written by Alexandra Hartman Editor-in-Chief
The U.S. stock market earnings season was mixed, and the bond market’s biggest economic recession alarm rang. U.S. stocks mightn’t continue their two-day rally.Dow Jonesdown nearly 100 points,that fingerDown 0.85%, Netflix’s stock soared more than 13% due to the bullish earnings report.
In terms of data, the U.S. Census Bureau released data on Wednesday that U.S. housing starts fell more than expected in September, with aggregate housing down 13.1%, highlighting that aggressive monetary policy tightening has significantly weakened the housing market.
10-Year U.S. Treasury YieldIt hit 4.136%, the highest since July 23, 2008. The inversion of the 10-year and 2-year U.S. Treasury yield curve has intensified, and the warning signs of a future recession have become more and more clear. “Bloomberg”‘s recent economic model forecast shows that the probability of the US economy falling into recession in the next 12 months has reached 100%.
In political and economic news, the Federal Reserve released its latest “Beige Book” report on Wednesday, pointing out that economic activity in the United States expanded slightly and price growth remained high, despite some loosening in several regions. Employment continued to grow, with cooling in some regions.
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said the Fed needs to raise interest rates further as inflation remains high.
St. Louis Federal Reserve Bank President James Bullard said on Wednesday that the Fed should not react to the decline in stocks even as U.S. stocks have tumbled this year, and that the market is pricing in an expected rate hike from the Fed, which is a good idea. According to the news, the terminal rate should be close to 4.5% or 4.75%, which will make 2023 a “anti-inflation” year.
Global inflation continued to deteriorate. The UK consumer price index (CPI) in September increased by 10.1% year-on-year, hitting a 42-year record high. The EU’s overall inflation rate reached 11%, higher than the UK, which strengthened the market’s interest in the UK and the European Central Bank. In the future, it is expected to raise interest rates sharply and start to shrink the balance sheet as soon as possible.
The situation in Russia and Ukraine is grim, and rising oil prices made energy stocks the only sector in the red on Wednesday, although US President Biden announced the release of another 15 million barrels of strategic petroleum reserves (SPR), calling for companies to return lower energy costs to consumers. By.
The global epidemic of new coronary pneumonia (COVID-19) continues to spread. Before the deadline, data from Johns Hopkins University in the United States pointed out that the number of confirmed cases worldwide has exceeded 626 million, and the number of deaths has exceeded 6.57 million. More than 12.7 billion vaccine doses have been administered in 184 countries worldwide.
The performance of the four major U.S. stock indexes on Wednesday (19th):
Focus stocks
The five kings of technology were mixed. apple (AAPL-US) rose 0.077%; Meta (META-US) rose 0.32%; Alphabet (GOOGL-US) fell 1.13 percent; Amazon (AMZN-US) fell 1.11 percent; Microsoft (MSFT-US) fell 0.85%.
Dow JonesConstituent stocks received more black. The Home Depot (HD-US) fell 3.36 percent; Dow Chemical (DOW-US) fell 2.7 percent; JPMorgan (JPM-US) fell 1.96%; Traveller (TRV-US) rose 4.44 percent; Chevron (CVX-US) rose 3.24%.
half feeConstituent stocks generally closed in the red. Qualcomm (QCOM-US) rose 1.47%; AMD (AMD-US) fell 1.19%; NVIDIA (NVDA-US) rose 0.70%; Applied Materials (AMAT-US) rose 2.70%; Texas Instruments (TXN-US) rose 0.75%; Micron (MU-US) rose 0.91%.
Taiwan stock ADRs fluctuated with each other. TSMC ADR (TSM-US) fell 0.08%; ASE ADR (ASX-US) rose 0.21%; UMC ADR (UMC-US) fell 0.51%; Chunghwa Telecom ADR (CHT US) fell 1.18%.
Corporate News
The Wall Street Journal quoted sources as saying that TSMC, the leading wafer foundry, is considering expanding its production capacity in Japan in an attempt to reduce geopolitical risks. TSMC ADR (TSM-US) fell 0.08% to US$63.66 per share, with a discount-to-premium ratio of 3.09% and a conversion price of RMB407.74.
Tesla (TSLA-US) closed 0.84% in the red, and its shares plunged more than 4% following hours. Tesla announced its third-quarter financial report following the market. Adjusted net earnings per share were $1.05, better than analysts’ expectations, but revenue reached $21.45 billion, which was lower than expected, and gross profit margin was stable at 27.9%. The target of 50% growth, and the delivery of Tesla’s electric pickup “Cybertruck” in December.
Dutch semiconductor equipment manufacturer ASML (ASML) (ASML-US) rose 6.27 percent to $424.02 a share. Esmore’s financial report for the third quarter of the 2022 fiscal year released before the market on Wednesday outperformed market expectations, and new orders also hit a new high.
Video streaming giant Netflix (NFLX-US) surged 13.09 percent to $272.38 a share. Netflix added 2.41 million new subscribers globally in the third quarter, and predicts that it is expected to add another 4.5 million subscribers in the fourth quarter, reversing the decline in the number of subscribers for the second consecutive quarter.
United Airlines (UAL-US) received a 4.97% dividend to $39.10 per share.United reported better-than-expected third-quarter earnings and expected another profit by the end of the year, noting that consumer interest in travel shows no signs of slowing despite high ticket prices
Abbott (ABT-US) fell 6.57% to $98.11 per share. Abbott’s latest financial report showed net sales of $10.4 billion, down from $10.93 billion in the same period last year. International medical device sales growth was lower than expected, mainly due to the strong dollar and Chinese supply. Chain blow.
Economic data
- The initial value of the monthly growth rate of building permits in the United States in September was reported at 1.4%, expected to be 3.8%, and the previous value was -8.5%
- The initial value of the total annualized total number of construction permits in the United States in September reported 1.564 million units, the expected 1.53 million units, and the previous value of 1.542 million units
- The annualized monthly rate of new housing starts in the United States in September was -8.1%, expected -4.1, the previous value was 13.7%
- The annualized total of new housing starts in the United States in September reported 1.439 million units, expected 1.475 million units, and the previous value of 1.566 million units
Wall Street Analysis
“With Fed policy still tight and bond yields so high, extending the rally seems like a daunting task,” said Nick Colas, co-founder of DataTrek Research.
Craig Johnson, chief market technician at Piper Sandler, said: “Signs of overselling have recently supported the stock market rally, and from a technical standpoint, the risk of another scam appears to be high because there isn’t enough evidence that the stock market has fully bottomed, but it can’t be ruled out. There is a possibility of a sharp rebound at the end of the year.”
The figures are updated before the deadline, please refer to the actual quotation.
Morocco targets maritime patrol aircraft with anti-submarine systems
written by Alexandra Hartman Editor-in-Chief
Tactical report, a specialized defense and security portal, indicated that Morocco is mobilizing to equip itself in particular with the C-295 MPA from Airbus and the ATR 72 MP from Leonardo, reports Tactical Report.
The Airbus C-295 MPA is an aircraft derived from the CN235 model, developed by Spain and Indonesia. It is able to fly with a maximum load of 23.2 tons. It has already been acquired by Portugal, Chile, Oman and Ireland. Spain also plans to acquire four units of the C-295 MPA/ASW version to replace its obsolete P.3 Orion. Algeria had been interested in this model since 2001, but no longer materialized its intention, indicates the same source.
In addition, the ATR 72 MP manufactured by Leonardo, which is a version of the P-72A aircraft of the Italian armed forces, equipped with the ATOS (Airborne Tactical Observation and Surveillance) modular mission system from the same manufacturer. With a length of more than 27 meters, it is able to fly with a maximum load of 22.8 tons. In addition to Morocco, Malaysia has also expressed its intention to acquire this device, and a sales contract should be signed soon, specifies the same source.