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Wednesday, 31 May 2017

Mobius on EM optimism, the genetics of ancient Egyptians, and Android creator Andy Rubin has a new phone out

Take heart: Doff’s Bloomberg piece includes an autoplay video in which Templeton’s Mark Mobius talks about why he’s optimistic about emerging markets. “Growth. It’s all about economic growth. Emerging markets are now growing at about three times faster than developed countries. Secondly, the US is destined to grow, and that will be good for the whole world.” Mobius likes consumer, fast-food, logistics and construction plays in Vietnam, where he sees 20-40% upside. In Indonesia, he likes the economic picture, pointing to growth at the provincial level. “You see the same thing in India,” he adds (watch, runtime: 5:18).

Android creator and near cult figure Andy Rubin has created a new Android-poweredphone, and the tech press is going nuts. “The father of Android is back, and he’s built the anti-iPhone,” declares Wired. The Verge has a rundown on the gadget in question and had Rubin on stage today at its Code Conference. And Bloomberg gives the device plenty of ink alongside a 4:01 minute-long discussion by wunderkind tech reporter Mark Gurman.

Were ancient Egyptians more European than we thought? Those who probably lived in the middle of the country and were mummified around the town Abusir El Malek archaeological site from around 1,388 BC – 426 AD may well have been. Around 151 mummies underwent genetic testing by the Max Planck Institute for the Science of Human History in one of the most extensive genetic studies of ancient Egyptians ever undertaken. Hard-to-find DNA was scraped off and analyzed, and the study hypothesizes that sub-Saharan genetic markers for these mummies came much later, and that the samples indicate a close link with early Europeans and inhabitants of Anatolia. Another surprising result was that the gene pool had remained resistant to outside invaders from the Persians to the Romans. The results are being widely picked up in the foreign media including by Reuters and the Washington Post.

And that’s not even the only crazy Ancient Egypt story out there this morning: Try this one from the AP about a 3,000-year-old stele that was returned to Germany’s Egyptian Museum. The tale involves an Indiana Jones-type character on the hunt for secret Nazi weapons at the end of the Second World War.

So, when do we eat? Maghrib prayers are at 18:51 CLT in Cairo, and the cutoff time for sohour is 3:11am.

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