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Imagine having a job where you didn’t actually show up for 15 years, but you continued to get paid – that would be a pretty amazing gig wouldn’t it? Well, as it turns out, two guys in Jerez, Spain actually pulled that off. Two men, a chauffeur and a gardener, have been collecting full pay […]

Submitted by Frank Shostak via The Mises Institute, Last Thursday, the people of Britain voted in a referendum to leave the European Union (EU). Most commentators view Britain’s exit (“Brexit”) from the European Union as bad news for economic growth in the UK and the eurozone. As a result, it is argued, the growth rate […]

There are many moving parts now that the UK has voted to leave the European Union, and many unanswered questions about what the future will hold. One group that is being proactive about their concerns are British expats who live in Belgium. Belgium has experienced a surge in citizenship requests from British expats looking for […]

Via Dana Lyons’ Tumblr, Like many equity markets globally, the German DAX is testing critical trend support stemming from the 2009 lows. Another day, another mega-trendline being tested in the global equity markets. Considering the bevy of trendline encounters around the world, it has become Trendline Week here on the blog and on Twitter (@JLyonsFundMgmt). […]

The Central Bank of Nigeria has finally updated its operational guidelines for the blacklisting of Bank Staffs involved in fraudulent activities, forgeries or even conviction. The Black book is a record of staffs of Nigerian banks who have been fired for being fraudulent, convicted or dishonest in carrying out their duties. It is a dreaded […]

The Nigerian Banking Index is currently up 16.5% year to date as investors pile into Banking stocks in the hope that could make some profits by selling on to Foreign Investors by the time they return. Outlook for Nigerian Banks have been somewhat mixed of late with the introduction of the new Flexible Foreign Exchange […]

Mr. Musa Tanko, the head of Kuje Prison has been transferred on the order of controller-general of prisons, Mr. Ahmed Jafa‘aru after two inmates escaped on Friday, June 17, 2016. Mr. Tanko will be investigated by officers from the Federal Capital Territory Command of the Nigerian Prisons Service (NPS) over the escape, according to Punch. The […]

Embattled former Acting Governor of Adamawa State Umaru Fintiri, has been remanded in kuje Prison over five counts of money laundering charges, involving about N1.9bn preferred against him by the Economic and Financial Crimes Commission. The order was given at the Federal High Court in Abuja on Thursday by Justice Ahmed Mohammed after Fintiri pleaded […]

A High Court of Abia State has stopped the Chief Judge of Abia State, President of the Customary Court of Appeal and any other judiciary officer, from swearing-in Mr. Uche Oga as governor. The order made today in court by Justice Ahuchaogu reads: “Upon this motion ex-parte pursuant to section 143 (1) & (2) of […]

Submitted by Robert Everett Johnson & Nick Sibilla via Reason.com, UPDATE: Yesterday, the federal government announced that it will return $29,500 seized from Maryland dairy farmer Randy Sowers. “This is exactly what we wanted,” said Sowers in press release from the Institute for Justice, the public interest law firm that worked with him on the case. “I […]Read More

The political scandal of the day was the news that on Monday evening (coincidentally just before the Benghazi report was released), Bill Clinton and US Attorney General Loretta Lynch just happened to meet on the tarmac at a Phoenix airport – totally unplanned of course. Clinton saw the attorney general and wanted to say hello, […]

Nonmilitary federal agencies have spent almost US$1.5 billion on guns, ammunition, and military-style equipment. A new report by a taxpayer watchdog group reveals that the growing militarization in the United States goes beyond police departments by showing how nonmilitary federal agencies are arming themselves like military units. The report “The Militarization of America” examines government […]