Full coverage of CNN international correspondent Nima Elbagir's Chibok journey will screen on CNN International on Saturday 17 May at 2100 CET, Sunday 18 May at 0030 CET, 0400 CET and 1200 CET and Monday 19 May at 0730 CET. (CNN) -- A Cameroonian soldier was killed and 10 Chinese nationals went missing after a Boko Haram attack in northern Cameroon, officials from China, the United States and France said Saturday. No further details were immediately available on the circumstances of their disappearance, said Lu Quinjiang, first counselor of the Chinese Embassy in Yaounde, Cameroon's capital. One Chinese national was injured in Friday night's attack and was being treated by a Chinese medical team in the Chadian capital of N'Djamena, Lu said. French President François Hollande mentioned the incident Saturday while hosting a security summit in Paris about the growing threat from Boko Haram, the Nigeria-based terror group. Witnesses to Terror Later, U.S. Undersecretary of State Wendy Sherman specified Boko Haram as being behind Friday's attack in a region of Cameroon known to be a stronghold for the group. "Cameroon just suffered its own Boko Haram attack at a Chinese company last night," Sherman said, noting also that Boko Haram is to blame for the abduction of more than 200 schoolgirls in Nigeria. Several African and Western nations stepped up their search for the girls under a new plan announced at the security summit. Boko Haram translates as "Western education is a sin" in the Hausa language that's the lingua franca in West and Central Africa. The militant group says its aim is to impose stricter enforcement of Sharia law across Nigeria, Africa's most populous nation, which is split between a majority Muslim north and a mostly Christian south. Boko Haram's attacks have intensified in recent years. Cameroon attac k Friday's attack targeted employees of a Chinese company in the northern Cameroonian town of Waza, a few miles away from the Nigerian border. U.S. questions Nigeria's rescue ability; France hosts summit The Chinese embassy is working with Cameroon's government to locate the missing workers, Lu said, and has asked for tighter security to protect Chinese nationals in the northern part of the country. The Chinese company, Sinohydro, is an engineering firm that builds large scale hydropower projects. It has been involved in the construction of the Memve'ele dam in southern Cameroon as part of the country's effort to boost electricity production, according to the company's website. Last year, a group of Boko Haram fighters crossed into northern Cameroon and abducted a French family of four children, their parents and an uncle from Waza National Park. The family was eventually released, reportedly in exchange for a $3 million ransom and the release of 16 Boko Haram prisoners held in Cameroon.
JPM Eligible Gold Plummets By 66% In One Day To Just Over 1 Tonne, Total Gold At Fresh All Time Low Submitted by Tyler Durden on 07/19/2013 16:31 -0400 For over a month, JPMorgan managed to mysteriously avoid matching up the gold held in its (world's largest) vault with the Comex delivery notice update. However, as of today, that particular can will be kicked no more. Starting yesterday, JPM reported that just under 12,000 ounces of Eligible gold (the same Registered gold that two days earlier saw its warrants detached and convert to eligible) were withdrawn from its warehouse 100 feet below CMP 1. But it was today's move that was the kicker, as a whopping 90,311 ounces of eligible gold were withdrawn, accounting for a massive 66% of the firm's entire inventory of non-Registered gold, and leaving a token 46K ounces, or a little over 1 tonne in JPM's possession. Needless to say, today's massive move which increasingly puts JPM's gold holdings in the danger zone vis-a-vis future delivery notices which just refuse to stop, has pushed total JPM vault gold to a new all time low of just 436k ounces, or a little under 14k tonnes with just 12 tonnes, or 390k ounces, of Registered gold left and rapidly draining. And to think that two years ago around this time JPM had over 3 million ounces of gold in its possession. Finally, those who believe there is a connection between the ongoing run on JPM's vault gold, the suppressed price of the metal, the redemption of Bundesbank gold, and the fact that 3M GOFO has now been negative for 10 straight days or the longest period in history it has been below zero, and indicating an unprecedented gold collateral shortage, you are correct. Finally, putting it all in context, this is what 1 ton of gold looks like in the real world courtesy of Demonocracy : Average: 4.98 Your rating: None Average: 5 ( 50 votes) !-- -- Tweet !-- - advertisements - .AR_2 .ob_empty {display: none;} .AR_2 .rec-link {color: #565656;text-decoration: none;font-size: 12px;} .AR_2 .rec-link:hover {color: #565656;text-decoration: underline;font-size: 12px;} .AR_2 {float: left;width:50%} .AR_2 li {list-style: none outside none !important;font-size: 10px;padding-bottom: 10px;line-height: 13px;margin:0;} .AR_2 .ob_org_header {color: #000000;text-decoration:bold; margin-left: 0px; font-size:14px;line-height:35px;} .AR_3 .rec-link {color: #565656;text-decoration: none;font-size: 12px;} .AR_3 .rec-link:hover {color: #565656;text-decoration: underline;font-size: 12px;} .AR_3 .rec-src-link {font-size: 12px;} .AR_3 li {padding-bottom: 10px;list-style: none outside none !important;font-size: 10px;line-height: 13px;margin:0;} .AR_3 .ob_dual_left, .AR_3 .ob_dual_right {float: left;padding-bottom: 0;padding-left: 2%;padding-top: 0;} .AR_3 .ob_org_header {color: #000000; text-decoration:bold; margin-left: 0px; font-size:14px;line-height:35px;} .AR_3 .ob_ads_header {color: #000000; text-decoration:bold; margin-left: 0px; font-size:14px;line-height:35px;} -- - advertisemen Login or register to post comments 33729 reads Printer-friendly version Send to friend Similar Articles You Might Enjoy: JPMorgan's Eligible Gold Plummets 65% In 24 Hours To All Time Low Investors Pick Physical Gold Over ETFs In Q1; Comex Registered Silver Just Hit A Fresh All Time Low 2 Year Drops To Fresh All Time Low Yield, Prepares To Breach 0.4% As Gold Touches On Fresh Record JPM Eligible Vault Gold Drops To Fresh Record Market Levitating Just Above 200 DMA, Gold Stopped Just Fresh Of New All Time High
The Tax Facts: "You Do The Math" Submitted by Tyler Durden on 10/16/2012 18:10 -0400 As UBS reported said, in both the Republican primary and the general election campaigns in 2012, various Presidential candidates in discussing taxes have recommended that voters "do the math" in evaluating various tax change proposals. The following preliminary 2010 data from the Internal Revenue Service (IRS) should be helpful for performing such calculations. We present a variety of self-explanatory exhibits sourced directly from the IRS, which include all the DIY math on income distribution, tax rate schedules, who is affected if Bush taxes cuts for high-income taxpayers expire, sources of itemized deductions and higher incomes, the size distribution of businesses paying individual income taxes, and everything else that may and likely will be thrown out, if incorrectly, by one or both candidates tonight, in an attempt to rally any one group of people behind the cause (what cause exactly remains to be seen). Source: UBS Average: 4.166665 Your rating: None Average: 4.2 ( 6 votes) Tweet Login or register to post comments 8425 reads Printer-friendly version Send to friend Similar Articles You Might Enjoy: Why 'Tax The Rich' Doesn't Solve Anything: It's The Math, Stupid Your Taxes At Work: All You Need To Know About Who Pays What Taxes In The US Romney Enjoyed At Most 87% Of His $21mm Income In 2010 Pick Your Poison With Barton Biggs Greenspan Suggested Cutting Taxes on the Wealthy to Increase Debt so the Fed Wouldn't "Lose Control of Monetary Policy"
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