“Let's stop criticizing our banks!”

More than ten years after the subprime mortgage crisis, all the light has not been shed, and yet the idea of ​​the guilt of the banks has taken hold firmly in people's minds. They are even blamed for the double fault, since after playing with fire and triggering the crisis, they allegedly asked for help from the States. This unanimous condemnation, the result of incomplete analyzes, is a heavy component of the bank bashing that has raged since then and unfortunately works against our interests. We are indeed at a critical moment when Europe, faced with the domination of American finance and the dollar, must develop its own financial capacities. The development of a strong pan-European financial sector is therefore essential if we particularly want to foster the emergence of future European gafas. 
If it is vain to hope for the complete disappearance of this bank bashing and, one might say, of the bashing market whose roots plunge both in history and in ignor…

Port of Dakar: Senegal tries to guard against any incident similar to that in Beirut

The port of Dakar is home to 2,700 tonnes of ammonium nitrate destined for Mali. This substance which, in almost equal quantities, is the origin of the Beirut tragedy, worries the Senegalese. As authorities seek to get rid of it, President Macky Sall has instructed members of the government to implement a "National Plan to Identify, Audit and Secure Hazardous Chemical Depots."

Port of Dakar: Senegal tries to guard against any incident similar to that in Beirut

This is one of the subjects that has preoccupied Senegal for the past few days: to eliminate at all costs the risk of an explosion or any other similar incident due to chemicals. During the cabinet meeting on Wednesday August 19, President Macky Sall went further:

"The President of the Republic, on the social climate, management and monitoring of internal affairs, asked the Minister of the Interior, to implement, in conjunction with the Minister of the Environment, a national census plan , auditing and securing deposits of dangerous chemicals, ”said the statement posted on the government website.

Dakar seeks to dispose of 2,700 tonnes of ammonium nitrate destined for Mali

If the General Secretariat of the Government does not say so explicitly in its note, Macky Sall's instruction relates in particular to the storage currently in a warehouse at the port of Dakar of 2,700 tonnes of ammonium nitrate, this chemical substance which , in almost equal quantities, is the cause of the explosion in Beirut on August 4, killing 171, over 6,000 injured and around 250,000 displaced. 

The confirmation on Wednesday, by the general management of the autonomous port of Dakar, of the storage of 3,050 tons of ammonium nitrate destined for Mali, of which 350 tons have already been sent, caused great concern. Used in fertilizers and in industry, ammonium nitrate is a powerful explosive agent. Considered relatively safe if handled correctly, this substance can however be very dangerous. Prior to Lebanon, China, the United States, France, Belgium and Germany experienced explosions caused by handling ammonium nitrate.

Senegal is actively seeking to get rid of the stock located at the port of Dakar. According to Reuters, the Ministry of the Environment is currently working with the owner of the stock - whose identity has not been disclosed - "to obtain authorization for the emergency removal of this cargo." It is difficult to know if this stock will be able to be transported to Mali as initially planned. Because, after having ordered all the countries of sub-regions to strictly close all their borders with the Malian neighbor, ECOWAS finally authorized on Thursday the circulation of "essential foodstuffs, drugs and products and equipment to fight against Covid-19, petroleum products and electricity ”. This exemption responded to a plea by President Macky Sall. However, ammonium nitrate does not fall under any of the product categories subject to the ECOWAS exemption.