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Watching the Brexit campaign generated mixed feelings: it was a little like the man who saw his mother-in-law drive his new Mercedes off a cliff. In the United Kingdom, some people who hated free trade, immigration and market innovation challenged the officious, wannabe superstate headquartered in Brussels. Who to cheer for? We should cheer for […]

New research out by the Pew Research Center shows an interesting development in the United States. Using Census Bureau information released with 2014 population estimates, Pew found that the US is becoming ever more diverse, at the local level as well as nationally. In 2014, 364 counties, independent cities and other county-level equivalents did not […]

Submitted by Olav Dirkmaat via UFM Market Trends, The delinquency rate on loans is key in understanding banking. It answers one question: what percentage of loans is overdue for payment? The delinquency rate is by far the most useful indicator for “credit stress.” It seems, however, as if delinquency no longer counts. Few are paying […]

Newswire PRNigeria, which often publishes government information, especially on security matters, is reporting ththat the Federal government of Nigeria has investigated and cleared the chief of Army Staff of all corruption allegations within a day. Online newspaper, SaharaReporters, reported only yesterday that General Tukur Buratai owned a second choice property in Dubai. But, a day after, […]

The Southeast Based Coalition of Human Rights Organizations (SBCHROs) comprising: International Society for Civil Liberties & the Rule of Law (Intersociety), Anambra State Branch of the Civil Liberties Organization (CLO), Center for Human Rights & Peace Advocacy (CHRPA), Human Rights Club (a project of LRRDC)(HRC), Forum for Justice, Equity & Defense of Human Rights (FJEDHR), […]

Chief Femi Fani-Kayode, a former minister of aviation has been attacked by an extremist official of the Economic and Financial Crimes Commission, EFCC, a source familiar with the situation confirms to The Trent. The unfortunate incident happened on Saturday, June 25, 2016 evening at the in the anti-graft commissions detention facility in Lagos where Chief Fani-Kayode […]

The Federal Government has ordered that the hitherto shut National Economic Reconstruction Fund (NERFUND) be re-opened almost one week after it was closed down. The Minister of Finance, Mrs Kemi Adeosun, gave the directive to re-open the office on Tuesday.  According to a statement issued by the Director of information in the ministry, Mr Salisu […]

The Senate has issued a fresh summon to the Attorney – General of the Federation/ Minister of Justice, Mallam Abubakar Malami. The Summon was issued on Tuesday through the senate committee on Judiciary, Human Rights and Legal Matters. Malami was being invited by the senate for instituting a forgery case against the presiding officers of […]

Alhaji Ali Modu Sheriff, the factional national chairman of the Peoples Democratic Party (PDP), has appointed Dr. Cairo Ojougboh the party’s former Vice Chairman (South-South) as the faction’s Deputy National Chairman. The appointment came shortly after another set of “chairmen” of state chapters of PDP endorsed Sheriff as the party’s “authentic” National Chairman. Ojougboh was one of the […]Read More

A group of  Nigerian Civil Rights Activists, on Tuesday, demanded the immediate sack of the Chief of Army Staff, Lt Gen. Tukur Buratai, over his alleged ownership of choice properties in Dubai,  the commercial nerve centre of the United Arab Emirate. Speaking in Abuja, the Convener of the  CNCRA, Mr. Ifeanyi Odili who is also […]

From the very beginning of Vancouver’s housing boom episode courtesy of an invasion of shady Chinese hot-money laundering home buyers, which has now officially driven the average list price of Vancouver single homes above $4 million… For the first time ever, the average list price of a single family house in the City of Vancouver […]

While one can speculate about the causes of today’s global risk-on rally (as we did earlier today on two occasions), a more important question is whether after the recent historic rout (which as shown yesterday surpassed the volatility of the 2008 great financial crisis for various, mostly FX-linked assets), stock markets will simply brush it […]