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I'm your host, and today we are exploring the incredible story of Ibrahim Traore, the leader who saved 3,000 jobs by reviving the sugar industry! From the brink of collapse to a beacon of hope, discover how Traore's vision and determination brought new life to this critical sector. Get ready to be inspired by this remarkable tale of leadership and economic revival!

China runs large trade surpluses with the United States. Typically these funds would be returned to the US as capital investments, either through buys of fixed assets, securities, or lending.

China, however, is liquidating stakes in companies in the United States, and is selling off its portfolio of Treasury bonds.

These two trends are resulting in enormous imbalances in Balance of Payments, which much be re-balanced via China's central banking activities. China is clearly recycling giant capital pools from the United States for investment purposes inside China, and among China's top trading partners.

And because the US dollars are never returned to the capital markets, it is also clear that China and the BRICS countries are setting up their own trading and economic bloc, funded largely with US debt instruments.

(Editor note: At about the 2:00 mark, I misspoke. The US ran a trade deficit of approximately $800 billion, not surplus. Apologies.)

Resources and links:

Bloomberg, US Trade Deficit Widens to $78.8 Billion, Largest in Two Years
https://www.bloomberg.com/news..../articles/2024-09-04

Why is China dumping US Treasuries for gold?
https://x.com/SputnikInt/statu....s/178313812393054619

Vanishing Act: The Shrinking Footprint of Chinese Companies in the US
https://rhg.com/research/vanis....hing-act-the-shrinki

China Should Explain ‘Enormous’ Data Gaps, US Ex-Official Says
https://www.bnnbloomberg.ca/in....vesting/2024/09/06/c

Bloomberg, China Plans to Sell Dollar Bonds in Saudi Arabia as Ties Deepen
https://www.bloomberg.com/news..../articles/2024-11-05

The Economist, Chinese firms are growing rapidly in the global south
https://www.economist.com/brie....fing/2024/08/01/chin

Closing scene, Yangzhou Gardens, Jiangsu

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I'm your host, and today we're diving into the shocking news is spreading like wildfire! The CEO of a billion-dollar gold mining company has been arrested in Mali, leaving the entire world stunned. What led to this unexpected move? Was it a result of corruption, embezzlement, or something even more sinister? In this video, we dive into the details of this unprecedented event and explore the implications it may have on the global gold mining industry. Stay tuned for more!

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⁣Welcome back to ABIBITUMI TV, your trusted source for unfiltered news and analysis on African affairs.
I'm your host, and today we're reporting on what Mali has done what many thought was impossible – it’s officially the first African country to pay off all its debt! 🇲🇱 But how did they manage to clear $332 million and break free from the chains of foreign and domestic debt? In this video, we take a deep dive into the bold leadership of Asimi Goïta and Mali's journey to financial freedom.This groundbreaking move has sent shockwaves through the continent and put Africa’s corrupt leaders on notice. Could this be the start of a new wave of economic independence across Africa? Join us as we explore Mali’s powerful strategy, the rise of the Sahel Alliance, and what this could mean for Africa’s future.👉 Watch to find out:How Mali overcame crushing debt and sanctionsThe impact of the Sahel Alliance with Niger and Burkina FasoThe shift away from France and the rise of new global partnershipsThe big question: Is this a sustainable model for other African nations?Like, share, and comment below with your thoughts! Can more African countries follow in Mali's footsteps? Don’t forget to subscribe and hit the notification bell for more deep dives on Africa’s political and economic revolution! 🔔

Slavery Colonialism NeoColonialism
Berlin Conference King Leopold II
Exploitation
Africa's Natural Resources
Africa's Natural Wealth

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UNIA President General Michael Duncan gives a tour of the successful restaurant owners depot business where over 200 New York City restaurants are supplied with goods.

Chinese Buyers are deserting German Brands - this will end in disaster.