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    Posted August 16, 2011 by
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    Will You Support A Plan to create jobs in America by Building Africa


    [caption id="attachment_2889" align="aligncenter" width="614" caption="Enter Site"]

    Each Week as part our responsiblity to create job opportunities as part of the CIVIL RIGHTS TO PLATINUM RIGHTS Movement WCN Transmedia will be showcasing opportunities to work in Africa or for Afro Centric companies wishing to expand their Global presence.

    We keep hearing about Poor Africa and while there are many aid-related needs the Continent with the Richest of Resources is NOT Broke. As a former Wall Street Executive working with the SEC, NASD and CME I have done more than a little bit of research to keep then Bache Halsey Shields out of trouble with customers and regulatory agencies and as such a review of the CME's Website brought me to this report. Given by CME Group Executive Chairman Terry Duffy.

    Here is his statement in full from their website from 2008.  I will let your review of why Africa is the world's hope and by allowing its' people to starve when the world needs jobs makes no sense.

    Let's build Africa and create jobs for American's and in the UK. The Youth of our respective nations need jobs and there is no shortage of work in Africa.  See Google's list of 29 jobs and Apply Today.

    Here is a video that is very important to the point of Job Creation in Africa.  I congratulate Google for making a start with the jobs listed below:


    Join the Africa Heritage Society's Civil Rights to Platinum Rights Movement by signing our Petition for 2011 Songs for Africa.  We are creating 2011 Hours of Content to Document the Movement and create actual jobs in the Entertainment Industry.  Soon we will be hiring Sales, Marketing and merchandising Candidates for the I WANT TO LAUNCH A GLOBAL BRAND TELEVISION SHOW.  Subscribe, Join and Inform Others. Thanks so much.  Jay O'Conner Chairman & CEO WCNTV.

    [caption id="attachment_2896" align="aligncenter" width="287" caption="Sign the Petition here"][/caption]

    Click for Original Report

    CME Group Executive Chairman Terry Duffy Remarks The Corporate Council on Africa U.S.-Africa Agribusiness Forum Hyatt Regency Hotel Chicago, Illinois 8:30 a.m., June 26, 2008

    Good morning and welcome to Chicago. I am Terry Duffy, Executive Chairman of CME Group. As the world’s largest and most diverse derivatives exchange and largest agricultural commodities marketplace, we are delighted to sponsor the U.S.-Africa Agribusiness Forum. This venue provides an important opportunity to discuss the forces that are reshaping the development of agricultural markets around the world, including Africa.

    It has been said that these are the best of times and worst of times for agriculture. Your view, I suppose, depends on where you are in the industry food chain. The fact is, increased demand and limited supply on a worldwide scale are pushing up the price of commodities. For some, like U.S. corn farmers, the price increases are seen as welcome. For others, such as millers who need to buy wheat to make flour or restaurants who are buying food to serve customers, it isn’t such welcome news. However, regardless of your personal perspective, we can all agree that higher commodity prices are telling us one important thing – the world needs more food. Meeting increasing demand will require more investment, innovation and infrastructure throughout the agriculture industry. And that means more opportunity for agribusinesses globally. Africa, in particular, has the potential to be a key player in the future of agriculture.

    As the Corporate Council on Africa has stated, “Despite tremendous challenges on the continent, there are also tremendous opportunities for agribusiness – opportunities to invest in and produce virtually everything – from grain to grapes to infrastructure.” Last year, agriculture generated more than one-third of Africa’s GDP. That said, Africa is a net importer of agricultural commodities. At a time when the world needs more from agriculture, we need Africa to reach its potential and become a global partner in commodity production. Global food shortages, rising commodity prices and the debate about biofuels have impacted the agribusiness marketplace tremendously. The factors that have come together include increasing demand, decreased supplies, weather, mandates on corn for ethanol use, and the declining value of the dollar.

    2 All of these factors are creating unprecedented conditions that are being reflected in agricultural markets. We are seeing record prices in almost every grain product across the board. Fertilizer and farm land are also at a premium. I will address these issues in more detail in just a moment.

    Against this backdrop, let’s look at how CME Group helps agribusinesses and farmers succeed in such a challenging environment. For those of you who may be unfamiliar with our business, CME Group operates the world’s largest and most diverse derivatives exchange. We offer futures and options on the widest array of asset classes – including fixed income, short-term interest rates, stock indexes, foreign exchange, energy and metals, alternative products such as weather and real estate – as well as one of our staple products, agricultural commodities.

    The world comes to CME Group for price discovery and risk management. All of our contracts serve as global benchmarks. Our commodity products have served our customers for over 160 years. We have continually focused on ensuring the integrity, transparency and efficiencies of all of our markets. In 2007, our volume exceeded 2.8 billion contracts, easily surpassing the prior year’s 2.2 billion contracts. In dollar terms, it represents a number you don’t hear very often – more than 1.2 quadrillion dollars. By way of comparison, the global GDP is $61 trillion.

    Of the 12 million contracts we handle each day on average, about 80 percent is traded electronically on our global electronic platform. CME Globex is accessible in 85 countries, including five African nations. The other 20 percent of our volume, or about 2 million contracts, is traded in the traditional way, on our trading floors. While futures markets are dominated by financial products, our roots are in agriculture.

    Today, CME Group offers the widest range of commodity futures and options of any exchange, with trading available on a range of grains, oilseed, livestock, dairy, lumber and other products. Our agricultural products help farmers and agribusinesses manage the constant price risks they face, affected by such forces as weather, disease, governmental policies, natural disasters and wars. CME commodity products offer a way to manage these risks by making it possible for users to lock in prices and enhance business planning. Many of our agricultural products trade virtually around the clock on CME Globex. Like all of our markets, our agricultural markets are transparent and liquid. They provide a venue for price discovery by reflecting the market’s expectations for future pricing. Our markets operate on a central counterparty clearing model in which our clearing house serves as the buyer to every seller and the seller to every buyer. This protects both parties from the risk of a counterparty default.

    Because the clearing house publishes prices of each contract, our markets are extremely transparent and market participants know where they stand. Our markets are liquid, enabling agribusinesses and other participants to easily move in and out of the positions they hold. Our model has proven to work well, and has served as the blueprint for other exchanges around the world, including a number of emerging markets that are working to emulate it. Lately our free market system has been tested in the face of some of the highest grain prices in history. There are a number of factors that have combined to create this volatile environment for agribusiness worldwide. They are:

    1. Biofuels In the U.S., the mandate to produce biofuels created additional market stress. The expectation is for continued growth in biofuel use/demand. In Europe, legislation will require significantly increased use of biofuel by 2010. The problem is that there simply is not enough land to set aside in the entire EU to meet these ambitious requirements. They will need to import significantly higher levels of either finished product or higher levels of oilseeds in order to produce the needed biofuel.

    Add to that, the 2005 energy bill in the U.S. called for approximately 93 million acres of corn to be planted in 2007. This is the highest level since World War II. It is estimated that roughly 1/3 of these acres will be dedicated to ethanol by 2017.

    2. Limited Farmland Farmers are intelligent and economically rational. Last year, U.S. farmers planted the  most land to corn since 1944 as demand from the ethanol sector boosted prices. This year, those farmers struggled as flood waters covered their fields across Iowa and throughout the Midwest, delaying planting and drowning crops already in the ground.

    3. Weak U.S. Dollar Since 2000, the dollar has depreciated by 28 percent as measured by the U.S. Dollar  Index, which is comprised of six major currencies (Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona, and Swiss Franc). The U.S. dollar is the currency in which international grain trade is conducted. This means that commodity prices are, on average, 28 percent lower for these importers than they would be if the value of the dollar had remained constant during this period.

    4. Slower Growth in Production vs. Rapid Growth in Demand The average annual growth rate in the production of grains and oilseeds has slowed from 2.2 percent per year in the 1970s and 80s, to only 1.3 percent since 1990. USDA projects further declines in the next 10 years.

    5. Additional Livestock Requires More Grain As the demand for meat rises, especially from fast-developing countries like China and India, the demand for grain and protein feeds grows at an even faster rate.

    6. Weather Multi- and single year droughts in Australia, the Black Sea states, Russia and Canada reduced wheat, barley and rapeseed production. As mentioned, the recent catastrophic floods in Iowa and other Midwestern U.S. cities could drive up prices even further.

    7. Export Curbs During recent months, there has been a pattern of increasing export tariffs and decreasing import tariffs on grains and oilseeds. For example, Russia extended a grain export tariff from April 30 to July 1. In addition, they have banned the four members of the Commonwealth of Independent States from re-exporting Russian grain to third countries. The pattern we are witnessing is one of keeping domestic production off the global market, while at the same time lowering barriers for the import of grains and oils.

    8. Inventories Surplus stocks are low. U.S. wheat stocks are at the lowest in 60 years, and also global wheat stocks are forecast to be the lowest in 30 years.

    Clearly, everyone in this business is operating in a challenging environment. CME Group plays a highly visible role as the venue where buyers and sellers come together to set the prices – that, in turn, serve as benchmarks for the world.

    However, with rising food prices, questions have been raised about the role of speculation in agriculture markets. We provide an important public service because we operate a free market that permits risk transfer from hedgers to speculators in an open, transparent and regulated marketplace. CME Group is a neutral facilitator of transactions. We do not profit from higher food or energy prices, increased volatility or speculation.

    Our core philosophy is to operate free markets that foster price discovery and the hedging of economic risks in a transparent and regulated environment. Over the next two days, we will discuss what is needed for agricultural businesses in Africa to reach their full potential. As we do, we must consider the role that derivatives play in offering agribusinesses and farmers valuable pricing, hedging and riskmanagement tools.

    Derivatives markets are essential adjuncts to fueling further economic growth in developing countries. To do this successfully they will need to develop local markets, as well as have access to global ones such CME Group’s.

    Throughout our history, our primary concern has always been maintaining the integrity of the markets: access and transparency are paramount. The same is true today.

    To my earlier statement that these are the best of times and the worst of times to be in agriculture, I would add that these are the most exciting times to be in our business.  Despite some of the current challenges and uncertainties, the agriculture commodities market is growing. And from all indications, it will continue to expand well into the future – bringing new opportunities to all of us. Thank you.

    Here are this week's jobs listed on Africa Job Station AHS.  We look forward to more employers using this service to find exceptional talent for building Africa while creating opportunities for jobs at home.


    Google has 29 active jobs

    JobJob CategoryJob CountryLocationCreated Date
    Business Development ManagerBusiness AdministrationSouth AfricaJohannesburg-S.Africa20 June 2011
    Recruiting CoordinatorHuman ResourcesSouth AfricaJohannesburg-S.Africa20 June 2011
    Policy ManagerLegal & ComplianceSouth AfricaJohannesburg-S.Africa20 June 2011
    Product Marketing ManagerIT - Sales & MarketingSouth AfricaJohannesburg-S.Africa20 June 2011
    Communications ManagerMedia & CommunicationsNigeriaLagos-Nigeria20 June 2011
    Communications ManagerMedia & CommunicationsGhanaAccra-Ghana20 June 2011
    Product Marketing Manager (SMB Focus)IT - Sales & MarketingNigeriaLagos-Nigeria20 June 2011
    Technical Program Manager, InfrastructureIT-Project ManagementKenyaNairobi-Kenya20 June 2011
    Africa Events ManagerIT - Sales & MarketingKenyaNairobi-Kenya20 June 2011
    Africa Events ManagerIT - Sales & MarketingGhanaAccra-Ghana20 June 2011
    Communications ManagerMedia & CommunicationsKenyaNairobi-Kenya20 June 2011
    Account CoordinatorIT - Sales & MarketingSouth AfricaJohannesburg-S.Africa20 June 2011
    Account ManagerIT- Account ManagementSouth AfricaJohannesburg-S.Africa20 June 2011
    Account StrategistIT - Sales & MarketingSouth AfricaJohannesburg-S.Africa20 June 2011
    Industry AnalystIT - Sales & MarketingSouth AfricaJohannesburg-S.Africa20 June 2011
    Business Program Manager, Government and Education SectorBusiness AdministrationUgandaKampala-Uganda17 June 2011
    Outreach Program ManagerComputer Science or Software EngineeringGhanaAccra-Ghana17 June 2011
    Outreach Program ManagerComputer Science or Software EngineeringSouth AfricaJohannesburg-S.Africa17 June 2011
    Outreach Program ManagerComputer Science or Software EngineeringSenegalDakar-Senegal17 June 2011
    Outreach Program ManagerComputer Science or Software EngineeringKenyaNairobi-Kenya17 June 2011
    Outreach Program ManagerComputer Science or Software EngineeringNigeriaLagos-Nigeria17 June 2011
    Technical Program Manager, InfrastructureIT-Project ManagementSenegalDakar-Senegal17 June 2011
    Sales EngineerIT - Sales & MarketingNigeriaLagos-Nigeria17 June 2011
    Sales EngineerIT - Sales & MarketingKenyaNairobi-Kenya17 June 2011
    Sales EngineerIT - Sales & MarketingGhanaAccra-Ghana17 June 2011
    Sales EngineerIT - Sales & MarketingSouth AfricaJohannesburg-S.Africa17 June 2011
    Technical Account ManagerIT-Project ManagementNigeriaLagos-Nigeria17 June 2011
    Technical Account ManagerIT-Project ManagementKenyaNairobi-Kenya17 June 2011
    Technical Account ManagerIT-Project ManagementGhanaAccra-Ghana17 June 2011

    Here is a some information for Entprenrners GOOGLE ENGAGE FOR MENA


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