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...The rand fell to a record low against the dollar on Friday after South Africa engaged in an extraordinary dispute with the US, one of its biggest trading partners, over the claim that weapons and ammunition...
...david.pilling@ft.com...
...David Omojomolo, Africa economist at Capital Economics, said: “Other central banks have been able to operate with negative equity positions, but it’s not clear investors would look kindly on this in South...
...“I cannot vote for Donald Trump under any circumstances,” David said. “He is just a criminal.”...
...Because Eskom today is over 400bn rand in debt, and half of that is backed by the government....
...“It’s going to be fiendishly difficult,” said David Petraeus, a former US general who led Iraq’s allied forces during the 2007 “surge” and then Nato and US forces in Afghanistan....
...(Next thing you know, someone important will discover millions of rand unaccountably stuffed down the back of a couch.)...
...David Rand is the Erwin H Schell professor at MIT and co-author of the article ‘Birds of a feather don’t fact-check each other’...
...However, this is far from the whole story, as David Adamson and Julie DaVanzo wrote in a 1997 paper for the Rand Corporation....
...Jonathan Gunthorpe and Gweneth Ann Rand created vivid characters out of the physician and manager, not only singing well, but delivering spoken text with uncommon skill....
...Eskom has an annual procurement budget of about R100bn rand ($5.8bn) but breakdowns and the pressure to stem the frequent blackouts have required billions of rand more to be spent on power-plant spares and...
...Additional contributions by David Hindley and Emily Goldberg...
...“Confidence is very low,” said David Hauner, head of EM cross-asset strategy at Bank of America Global Research. “People are very long cash and waiting for trends to emerge.”...
...Many of them subscribe to the outlook on life of Ayn Rand’s epic individualist John Galt, the fictional character in Atlas Shrugged, whose selfishness is presented as heroic....
...Australian Greens senator David Shoebridge called his government’s restrictions on work devices an “endless game of online whack-a-mole”, given the singling out of TikTok....
...For the libertarian right, reared on Ayn Rand, the manager is a “bureaucrat”, a dead weight on those with vision and animal spirits....
...A 2021 report by the Rand Corporation found Americans pay on average two and a half times more for prescription drugs than 32 comparable countries in the OECD....
...We had help this week from David da Silva, Michael Lello, and Gavin Kallmann. Our executive producer is Topher Forhecz....
...He cheerfully admits never having managed to get through Rand’s 1,100-page epic, but nevertheless recognises the parallels....
...David Roomes, chief medical officer at UK engineering group Rolls-Royce, argues that successful programmes require decentralised discussion and employee involvement....
...But is it the Ayn Rand-style haven it’s cracked up to be? Can policymakers boost dwindling fertility rates?...
...Even South Africa’s relatively limited deployment will cost nearly 1bn rand, or $66m, or almost twice Rwanda’s annual defence spending according to the military expenditure database of the Stockholm International...
...But the bigger issue for Sekwere is that she would have to tear herself away from the food stall where she sells one-rand snacks such as magwinya, a kind of doughnut....
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