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Showing posts from December, 2025

WHAT IS L’UNION SAYING ? QUE DIT L’UNION?

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DESPITE ALL OUR WITCH-DOCTORS WE REMAIN LAST! MALGRÉ TOUS NOS MARABOUTS NOUS RESTONS LES DERNIERS !

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  English version  Crazy cultural elements intrinsic to our belief systems are unfortunately behind such child deaths as we have again seen in Libreville. It is high time that we seriously delve into the hidden cultural practices surrounding child deaths by mutilation and assassination in Gabon. How have these beliefs become cultural norms for some people ?  How have superstitions led to practices that endanger young lives. We urgently need to shed light on these disturbing issues, to raise awareness and spark important conversations. Elsewhere, civilisation means large urban centers, full time specialist occupations, spiritual maturity, monumental architecture, systems for recording information, a ruling class doing an effective job, development of practical sciences, and the interdependence of social classes.  Individual freedom is a pillar of civilized nations so they tolerate homosexuality. Many Africans feel these practices are barbaric and it is in Africa that ...

THE MINISTERABLES HAVE STRUCK AGAIN ! LES MINISTRABLES ONT ENCORE FRAPPÉ!

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THESE GABONESE WHO THINK THAT FITCH IS AGAINST GABON DESERVE A BRAIN TRANSPLANT ! CES GABONAIS QUI PENSENT QUE FITCH EN VEUT AU GABON MÉRITENT UNE TRANSPLANTATION DU CERVEAU !

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THE FALL OF GABON CONTINUES ! LA DÉGRINGOLADE DU GABON CONTINUE DE PLUS BELLE !

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English version  Fitch Downgrades Gabon's LTFC IDR to 'CCC-' and LTLC IDR to 'CC' Fri 19 Dec, 2025  Fitch Ratings - London - 19 Dec 2025: Fitch   Ratings has downgraded Gabon's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to 'CCC-' from 'CCC', and Long-Term Local-Currency (LTLC) IDR to 'CC' from 'CCC'. Fitch typically does not assign Outlooks to sovereigns with a rating of 'CCC+' or below. A full list of rating actions is at the end of this rating action commentary.  KEY RATING DRIVERS The downgrade of Gabon's IDRs reflects the following key rating drivers (KRDs) and their relative weights: High Heightened Liquidity Strains Drive Downgrade: Widening fiscal deficits, increasingly limited regional debt market access, a dearth of official creditor financing and high amortisations have resulted in severe strains on domestic and external government liquidity and rising arrears. The significantly higher loca...