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In a shocking moment of clarity, that should also send shivers up the spine of the Democratic party, Republican chairman (and implicity voice of ‘the establishment’) Reince Priebus admitted on various Sunday talk-shows that campaign traditions don’t apply to the so-called Teflon Don noting that “the public just wasn’t interested” in his taxes or the […]Read More

Submitted by Mike Krieger via Liberty Blitzkrieg blog, When a reporter for the United States Army Training and Doctrine Command interviewed Frank Zappa for the commands news syndicate, the story was held by a superior who demanded that Zappa – who had been rather hard on the army – answer one more question: just who […]

After last Monday’s explosive claims published in Gizmodo, in which a former Facebook employer alleged that the “social network” has been “routinely” suppressing conservative news stories, the company and its CEO have been on the back foot defending themselves from, as expected, mostly a conservative media onslaught. In an attempt to resolve the PR crisis, […]Read More

In yet another paradoxical move that will leave many scratching their heads, just days after throwing in the towel on its bullish dollar call (now that it expects far less rate hikes over the next year), Goldman moments ago announced that it is also cutting back on its longer-term oil price forecasts (which paradoxically are […]

Submitted by Alasdair Macloed via GoldMoney.com, There is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners alike have become confused by policy failures, and privately, occasionally even downright pessimistic, at a loss to see a statist solution. It is hardly exaggerating […]

Before he was quietly advised last year by his superior that the time to “quit” has finally come after a career filled with gaffe after gaffe, former US Attorney General Eric Holder was best known for not prosecuting big banks due to his concern they were “Too Big To Prosecute“, clearly ignoring the optics (and […]

Authored by Noam Chomsky, originally posted at TomDispatch.com, [This piece, the first of two parts, is excerpted from Noam Chomsky’s new book, Who Rules the World? (Metropolitan Books).] When we ask “Who rules the world?” we commonly adopt the standard convention that the actors in world affairs are states, primarily the great powers, and we […]Read More

Nigeria’s Gross Domestic Product (GDP) Growth Rate from 1960 to 2015. Nigeria GDP Growth Rate 1960 – 2015 The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent […]

#TheNumbers for the week ended May 13, 2016 Commentary Bullish sentiments held sway with the market closing at levels last seen in the opening week of 2016. Thus, trimming the YtD decline to -769bps from -2127bps at the height of the market sell-off in January. The performance was driven by the market’s reaction to the […]

The APC led Nigerian Government finally caved in to demands of most economist by ‘deregulating’ the downstream sector after it declared that it was no longer going to subsidize the price of petroleum products particularly PMS otherwise known as fuel. The Minister of State for Petroleum Dr. Ibe Kachikwu made this announcement and subsequently increased […]

Niger Delta Avengers Threaten To Blow Up Oil Blocs Belonging To Former Vice President, Others A senior British official yesterday said Nigeria’s President Muhammadu Buhari needs to address grievances in the Delta region where militants have been blowing up oil pipelines in a conflict that has become a “major concern”. Lately, the swamps of the […]

In a bid to cushion the harsh effect of the new pump price of Premium Motor Spirt, PMS also called petrol on the people, the presidency is set to implement the N500 billion earmarked in the 2016 budget for social welfare. A statement by the media spokesperson for Vice President Yemi Osinabjo, Mr. Laolu Akande […]