nejra: you agree, peter dixon? peter d: totally.ltition is a one because he doesn't really .ave support anymore domestically, he was under pressure. will he be ousted? i don't know. it would be almost unprecedented , i guess, to see that happen to an amc leader. in terms of the uncertainty, i totally agree. i think the market is increasingly looking at a south african saying, what have you got? you got an economy not performing that steadily, relatively high unemployment, and political instability. nejra: i want to quickly show you this #-- this chart. the rand was actually performing pretty well and kind of outperforming if you look at the carry trade with other current season then it has fallen off a cliff somewhat. that said, foreigners bought a of southbillion rand african bonds in the week ending last week. at what point does this become an opportunity? tough question, i know. i don't think we are there yet. i think we need to have much more -- and that will take a while. in the meantime, unfortunately, you start to see a lot o

still with us are stephen barrett -- stephen barrow and peter dixon.f we should look at it from an e.u. point of view or if this is a domestic story for investors. steven: the sentiment expressed by the prime minister, you could say almost welcome to the e.u. because if he thinks the e.u. is h withvery teacher-isg turkey, you would probably find similar criticisms among countries in the past to join the e.u. that is probably just how it is and that will not change. i suspect investors are well aware of that and are not particularly concerned. not necessarily implying that turkey will wait. francine: peter? peter: i think the problem is this blurred relationship with the e.u. and turkey. the turks want clarity. francine: with the pound? peter: and they are not going to get it because there are certain nations within the e.u. do not want turkey is a member. turkey is moving further and further away but as he said, i do not think investors care much and they except that turkey will not be a member of the e.u. any time soon. it's domestic fundamentals are