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  • Snowden Explains How To Get To The Bottom Of “Who Hacked The Democrats”

    With the scandals plaguing the Democratic National Convention – set to start in just over an hour – get stronger, so does the narrative that it was all Russia’s fault the Democratic party was hacked. As a result, as reported earlier today, the objective FBI said it is now investigating how thousands of DNC emails […]
  • DNC Day 1: Debbie Doesn’t Do Philly But Bernie Meets Michelle – Live Feed

    After the turmoil of last week’s RNC, this week’ Democratic Nation Convention is off to an even more chaotic start (no matter what the surrogates desperately try to say). Wasserman Schultz resignation and decision not to ‘gavel in’ the convention is over-shadowed by the increasingly loud voices of Bernie (who will speak tonight) supporters booing […]Read More
  • Biotech Bellwether Gilead Slides After Cutting Guidance, Harvoni Sales Miss

    With biotech stocks experiencing a mini renaissance of sorts in recent weeks, many traders were eagerly looking forward to profitable industry bellwether Gilead to set the tone for the next few days and weeks of trading.  And while moments ago the company reported Q2 EPS of $3.08, down from $3.15 a year ago, it beat […]
  • Stephen Roach Says Trump’s Right On Globalization: It’s A Broken System

    Authored by Stephen Roach, originally posted at Project Syndicate, While seemingly elegant in theory, globalization suffers in practice. That is the lesson of Brexit and of the rise of Donald Trump in the United States. And it also underpins the increasingly virulent anti-China backlash now sweeping the world. Those who worship at the altar of […]
  • Stocks Slide To Worst Day In A Month After Crude Carnage, Kuroda Chaos

    Overheard in Philadelphia and on every mainstream business media outlet today… [embedded content] Stocks did not go up today… Worst day in a month for The Dow… The bounce off the Brexit lows appears to have stalled – can The fed save us?!! As AAPL leaked lower on downgrades… Oil weighed on stocks… As did […]Read More
  • We’re Sorry! – DNC Apologizes To Bernie For “Inexcusable Remarks”

    Facing an already rambunctious crowd – chanting ‘Bernie’ at every mention of Clinton – The DNC has been forced to issue a formal apology to Bernie Sanders (and presumably his supporters)…. “the inexcusable remarks… do not reflect the value of the DNC or our steadfast commitment to neutrality during the nominating process.” So… we assume […]Read More
  • Saraki To NFF’s Warring Factions: It Is Time To Move On

    Bukola Saraki Senate President, Dr. Abubakar Bukola Saraki, on Monday appealed to warring factions in the Nigeria Football Federation (NFF) to sheathe their sword in the interest of football development in the country. Saraki, according to a statement by his Chief Press Secretary, Sanni Onogu, made the call, when the President of NFF, Amadju Pinnick […]
  • Buhari Backs FIFA’s Anti-Corruption Reforms

    President Muhammadu Buhari President Muhammadu Buhari’s administration will pay keen interest to accountability and transparency to fast-track football development in the country, the President said on Monday while receiving the FIFA President, Gianni Infantino, and the Secretary-General, Fatma Samuora, at State House. President Buhari challenged football administrators to fashion out strategic programmes to develop the […]
  • Buhari Mourns Magaji Abdullahi, Says Nigeria Has Lost One Of Its Finest Engineers

    President Muhammadu Buhari has mourned the passing of prominent politician and former Deputy Governor of Kano State, Senator, (Engr.) Magaji Abdullahi, describing him as one of Nigeria’s finest and result-driven engineers of his time. In a message to the family, the government and people of Kano State delivered by a Federal Government delegation led by […]
  • Amosun Calls For Review Of VAT-Sharing Formula

    Buhari receives Amosun Ogun State Governor, Senator Ibikunle Amosun, has canvassed a review of the sharing formula of revenues accruing to the federation account through non-oil taxes including Value Added Tax (VAT). “The non-oil revenue sharing formula currently in use is obsolete. As at the time it was done 20 years ago, Ogun State, for […]