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The situation is still very tense in eastern DRC. On October 31, several thousand people demonstrated in Goma once morest Rwanda. Kigali is accused by Kinshasa of supporting the M23 rebels as they have advanced in recent days in Rutshuru territory. On Saturday, the DRC decided to expel the Rwandan ambassador. Interview with Christophe Lutundula, Deputy Prime Minister and head of Congolese diplomacy.
“It’s not the size that counts”: if the expression is often used regarding male sexual organs, it is also true for females! At least that’s what a recent study from Oregon Health & Science University points out, which managed to count the nerve fibers of the clitoris, which are even more numerous than we thought. That such a small organ has so many is fascinating, analyze the researchers, in a press release published on the Medicalxpress site.
Until now, it was estimated that the clitoris had around 8,000 nerve endings, which made it a particularly sensitive organ. It is moreover the only human organ whose sole purpose is to provide pleasure. But the number would actually be 20% higher than that…the latter would be around 10,000!
This is explained by Blair Peters, specialized in gender affirmation surgery. The surgeon works within the Transgender Health Program, at the University of Oregon, and carried out the study thanks to seven transmaculine people (who make a so-called “feminine to masculine transition”) and in this case go through phalloplasty (masculinization of the genitals). When erecting the penis, he took a very small part of the clitoris, to study its nervous structure.
At least 10,000 nerve endings, but probably more
Within the clitoris, there is a “dorsal nerve”, which unfolds in duplicate. Il (…)
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The New York Stock Exchange, on Wall Street, August 16, 2022 (AFP / ANGELA WEISS)
The markets look favorably on the possible victory of the Republicans on November 8 in the American legislative elections and the scenario of a political blockage, even if some are worried regarding a possible crisis around the subject of the debt.
Struggling for months with a sharp rise in interest rates and the prospect of an economic slowdown, or even a recession, the New York market “already has a lot of concerns” and generally takes little interest in this election which nevertheless unleashes passions in the United States, according to Patrick O’Hare, of Briefing.com.
“The market thinks regarding it, but it is more concerned regarding the Federal Reserve and the turbulence in the United Kingdom,” adds David Kotok, of Cumberland Advisors, regarding an election deadline which will crystallize, for many American voters, a choice of society.
According to CFRA’s Sam Stovall, the most representative index of US stocks, the S&P 500, has risen consistently in the year since the 19 presidential midterm elections held since the end of World War II.
But the next 12 months might set a precedent, as analysts mostly see the New York Stock Exchange going lower before bouncing back once the economy enters a recession in 2023.
For several days, all the polls have given the Republicans the lead.
Winning back at least one of the two houses of Congress from the opposition would lead to cohabitation and “a gridlock in Washington, which tends not to be bad for markets, because it means the political status quo”, explains Carl Riccadonna, economist at BNP Paribas. “There would be no more major initiatives.”
“We spent a lot of money during this pandemic”, recalls Patrick O’Hare, for whom the operators would not be once morest a reduction in the budgetary wing.
In three years, the debt of the United States has swelled by 36%, or more than 8,000 billion dollars, under the effect of a series of plans to support the economy initiated under Donald Trump, then continued under Joe Biden. , to deal with the Covid-19 health crisis.
“We see tensions between monetary policy and fiscal policy in many countries,” said Jack Ablin of Cresset Capital, referring in particular to the historic hiccup that caused a major political crisis in the United Kingdom.
Several governments are thus taking it upon themselves to preserve the purchasing power of households by assuming part of the rise in the cost of energy, going once morest the trend of their central banks, which are seeking to curb inflation by tightening credit.
A hostile cohabitation “would mean that fiscal policy would be neutralized”, according to Jack Ablin.
– The return of the debt –
But the Republicans are hoping for more than paralysis. The leader of the Republicans in the House of Representatives, Kevin McCarthy, has already warned that his party would demand budget cuts if it regains control of Congress.
The Californian elected official even threatened to use the debt ceiling as a weapon to obtain concessions from President Joe Biden, who must systematically go through Congress to allow the government to meet its financial commitments.
“The Democrats might not raise the ceiling alone and the United States would default” on its debt, warns Ian Shepherdson of Pantheon Macroeconomics.
“The market does not take this risk into account,” warns David Kotok. However, “when you elect crazy people to the House of Representatives, you open the door to problems,” he said, mentioning in particular the far-right elected Marjorie Taylor Greene.
Sam Stovall tempers: “it depends on how they proceed, but reducing debt in an environment of rising rates is seen rather favorably”.
And for Maris Ogg, of Tower Bridge Advisors, “the only time politicians weigh on the market is when they do something that has an impact on company results, interest rates, or the dollar”. “But most of the time it’s just sound and fury, it has no weight.”
The dollar would be “dangerously weakened by maneuvers on the debt ceiling”, nevertheless warns David Kotok, not to mention that interest rates might rise even further with the risk of a default by the United States.
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