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Submitted by David Stockman via Contra Corner blog, There has never been a more destructive central banking policy than the Fed’s current maniacal quest to stimulate more inflation and more debt. That’s what is killing real wages and economic vitality in flyover America – even as it showers prodigious windfalls of unearned wealth on Wall Street […]Read More

Gold is perhaps the most maligned asset class in the world. On an almost weekly basis the financial media mocks Gold and publishes articles claiming it is a terrible investment. It’s rather odd, as less than 1% of investors actually owns Gold. Why is it so important to trash an asset class that almost no […]

By EconMatters Central Banks Need to either go all the way with Policy Goals, or get out of financial asset purchases altogether. The current stop and start cycling sets the financial markets up for huge crash scenarios every ten years. [embedded content] © EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email […]

In a stunning reversal for an organization that rests at the bedrock of the modern “neoliberal” (a term the IMF itself uses generously), aka capitalist system, overnight IMF authors Jonathan D. Ostry, Prakash Loungani, and Davide Furceri issued a research paper titled “Neoliberalism: Oversold?” whose theme is a stunning one: it accuses neoliberalism, and its […]

Six Nigerian policemen sent to maintain law and order in a land dispute between two communities in Rivers State have been killed and buried in shallow graves, thenewsnigeria.com.ng reported on Friday. The newspaper said seven operatives of the Federal Special Anti-Robbery Squad (FSARS) were sent on Thursday to maintain law and order in a land conflict […]

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Buhari receives Amosun The Ogun State Governor, Senator Ibikunle Amosun, has tasked parents, teachers, community leaders and other stakeholders across the country to see the protection and care of the Nigerian child as a collective responsibility. Mr. Amosun made his remarks on Friday, at the 2016 Nigerian Children’s Day celebration held at the M.K.O Abiola […]

“Another crude pipeline was attacked yesterday Thursday night near Batan oil field in Warri,” said Eric Omare, spokesman for the Ijaw Youth Council, which represents one of the largest ethnic groups in the vast delta in southern Nigeria. “There were two simultaneous attacks on (state oil firm) PPMC and NNPC pipelines,” he said, referring to […]

The wife of Atiku Abubakar, a former Vice President of Nigeria, has called on Nigerians to show love to every child, irrespective of their tribe, tongue or creed.  Hajiya Titi Amina Abubakar gave the advice while speaking to journalists on Friday at the Children’s Day party for Internally Displaced Persons (IDPs) at the Kunchigoro IDP Camp […]Read More

He lamented that the incessant killings and destruction of lives and property in the Benue had created a 25 year retrogression of development in the state. The Governor made this known when he received the All Progressives Congress, APC Governors’ Forum led by Governor Rochas Okorocha of Imo state, who paid him condolence visit over […]

At least 50 Imams and Islamic scholars have been sponsored by Kano state government for training on guidance and preaching techniques in Saudi Arabia, Governor Dr Abdullahi Umar Ganduje, has disclosed. He made the disclosure when members of the state Izalatul Bid Wa Ikamatus Sunnah, an Islamic non-governmental organization paid him a courtesy call on […]

Senate President, Dr. Abubakar Bukola Saraki, and some of his colleagues spent the whole of Friday celebrating children of various ages, as part of activities to mark the 2016 Children’s Day, Saraki’s office said in a statement. The school pupils and secondary school students who arrived the Senate at 9am and took a tour of the Senate […]Read More