admin

The Department of State Services (DSS) Friday evening, revealed that it had foiled a plan by a member of the Independent People of Biafra (IPOB), to bomb the popular computer Village in Ikeja Lagos. The service said it arrested one Chidiebere Onwudiwe, a member of IPOB, and mastermind of the plot who was wroking with others […]

Guinea-Bissau has recorded three cases of Zika, becoming the second country in West Africa where the dangerous viral disease has been detected, the government said on Saturday. “Three cases of contamination by Zika virus have been confirmed,” a statement quoted Health Minister Domingos Malu as saying. The cases occurred in the Bijagos archipelago, a group […]

On a sleep Sunday afternoon in the middle of a long weekend, Elon Musk decided to release Tesla sales and production data for Q2 2016 and it is not pretty for the billionaire (and his corporate relations). While production soared from 15,510 to 18,345, sales tumbled from 14,810 to just 14,370 (down 3% QoQ) – […]

When it comes to “real-time” measurements of crude demand and supply, the data is notoriously bad (and perhaps, according to some, intentionally manipulated). We pointed this out most recently in early March when we that according to IEA data, crude oil production exceeded consumption by an average of 0.9 million barrels per day in 2014 […]

Submitted by MN Gordon via Economic Prism blog, “Myths and legends die hard in America,” remarked Hunter S. Thompson in The Great Shark Hunt, nearly 40-years ago.  Thompson didn’t likely have U.S. Treasury bonds in mind when he made this observation.  Though, if he were still alive, he may find the present state of the […]Read More

Now that the UK referendum is in the history books, two of the most pressing questions currently facing the UK are who will succeed David Cameron as the next Prime Minister, and how quickly will that person push to invoke Article 50, officially triggering the negotiations with the EU for an exit. Recently, two leading […]

Submitted by Steen Jakobsen, CIO & Chief Economist Saxo Bank, via TradingFloor.com, Brexit could accelerate process of much-needed reform Macro policymakers including central banks will try to maintain status quo  Policymakers have become equivalent of Iraqi minister comical Ali The reluctance to accept what is happening will be there undoing What’s that coming over the […]

Two weeks ago, when looking at the performance of bank stocks, Deutsche Bank’s Oleg Melentyev noticed that the ongoing collapse in US bank stocks relative to the change in the S&P from all time highs was starting to hint at patterns last seen just before the last three major market crashes. Needless to say, European […]

By EconMatters We delve into the topic of Inequality in this video. This debate has really picked up steam the last 10 years, and the pandering of the mainstream media for rating`s purposes to the general populous regarding this issue is quite detrimental to the actual problem. If you want more of the spoils in […]

Luckily I live in Canada.  Where we have a very pretty PM who is rather far to the “left” of our friends south of the (unprotected) border.  But even if the current liberal government has made some good moves, they remain very much controlled by big business.  And so yes, I agree that given the […]Read More

Presented with no racist, cynical, divisive, unpatriotic, skeptical, fiction-peddling comments… Source: TheReligionOfPeace.com In order to better grasp the reality above, compared to the propaganda provided on a daily basis, we re-present, “By the Numbers” – an honest and open discussion about Muslim opinions and demographics. Narrated by Raheel Raza, president of Muslims Facing Tomorrow, this […]

Just a month after Trump called out the Vince Foster “suicide” as “very fishy” to say the least, the documentary “Foster’s Ghost” has resurfaced from the archives, detailing the unusual situation surrounding the death of Bill Clinton’s best friend and personal lawyer… According to the WaPo, “Trump said another topic of potential concern is the […]Read More