AOB – June 2018

19 June 2018

World Cup is on.

First teams to be heading home – Saudi Arabia and Egypt. Saudi Arabia have been awful. Egypt not much better. There are some very average teams in this tournament.

12 June 2018

GEMS Education, the Dubai-based school operator backed by Blackstone Group LP, is planning to delay an initial public offering after the local government unexpectedly said it would freeze school fees, according to people with knowledge of the matter.

The closely held company is studying the potential impact on its earnings projections following the authorities’ decision to keep private school fees unchanged for a year, the people said, asking not to be identified because the matter is private. GEMS may revisit the share offering later in the year or consider selling a stake to a single buyer, they said.

Representatives for GEMS and Blackstone declined to comment – Bloomberg

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The Trump-Kim summit in Singapore was today. I have covered that elsewhere and on twitter. Some people have clearly lost their moral compass in their near K-Pop attraction to Kim Jung-Un.

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No Azadzoy for the rest of the season at Chiang Mai FC. Bad news. He was one player worth watching. The team looks short of ideas and creativity without him.

The new signing – Lenny. Poor. Slow. Just 13 goals in the last 10 seasons – not much of a return for an expensive forward.

6 June 2018

“The only conclusion it can lead to is a complete withdrawal of the US from its role since 1945 as the guarantor of a global order. It is difficult to persuade an American public steeped in the moral certitudes and swooping narrative of Hollywood movies to sign up for an international role that doesn’t involve heroic military interventions. Yet even for a superpower today’s changing world offers at best incremental and undramatic foreign policy wins, hardly attractive investments to politicians who feel the need to sell the public something more inspiring. Trump epitomizes this petulant refusal to engage in any global arrangements that don’t offer him easy-to-grasp victories. Hence we get withdrawal from complex partnerships like TPP and the Paris climate change agreement, but huge investment in a meeting with Kim Jong-un which will probably deliver very little, aside from a photo-op.”  Jonathan Head.

Nailed it in one paragraph.

The article that @pakhead was commenting on is well worth a read:

Washington’s Pax Americana Cartel

2 June 2018

Back in lovely green quiet Chiang Mai.

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How bad is the EK pilot crisis – here is what SAA’s pilots union says is on offer to some of their flight deck crew:

“Last week we had a meeting with Emirates Airlines to explore possibilities of offering SAA pilots 5 years contracts on unpaid leave. They have agreed to offer SAA pilots 5 year contracts which will enable SAA pilots to return to SAA at the end of the contract. They are looking for Both (Captains & First Officers). They have proposed a date for a roadshow as follows:
· 4 June 2018 – 09:00 -11:00
· 4 June 2018 – 14:00 – 16:00
· 5 June 2018 – 09:00 – 11:00

These information sessions will be held in the Change Hub, which is located on the 1st floor Block G (Opposite Standard Bank branch). Following the assessments on the level of interest Emirates will advise on the next steps.

They are currently looking for over 200 pilots. They are looking for 100 pilots for their B777F (Captains and First Officers) on a 28 days ON and 13 days OFF contract.
They are further looking for First Officers on the A380. I have asked them to consider accelerated command, which they are.