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Any contractor that is unable to present evidence of tax payment to the Federal Inland Revenue Service (FIRS) will henceforth not be paid by the Federal Government. President Muhammadu Buhari this week, said the Federal Government would overhaul tax laws and codes to reflect present economic realities as government tries to reduce its over reliance […]

The meeting between the National Executive Council, NEC, of the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN and the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, ended late on Friday in Calabar with the unions declaring their support for the Federal Government’s take-off of full deregulation of the downstream sector […]

Over the last several years we have documented with clockwork regularity Venezuela’s collapse into failed state status, which was cemented several weeks ago when news hit that “Venezuela had officially run out of money to print new money.”  At that point the best one could do was merely to step back and watch as local […]Read More

Submitted by Doug Casey Via InternationalMan.com, “Making the chicken run” is what Rhodesians used to say about neighbors who packed up and got out during the ’60s and ’70s, before the place became Zimbabwe. It was considered “unpatriotic” to leave Rhodesia. But it was genuinely idiotic not to. I’ve written many times about the importance […]Read More

With Trump now practically assured of the republican candidacy and the only remaining race being that between Hillary and Bernie, Ralph Nader, a former presidential candidate himself, had some disturbing if accurate words about the democratic primary process. In a story published in US News, Nader said that Hillary Clinton is “going to win by […]

Submitted by Gail Tverberg via Our Finite World blog, For a long time, a common assumption has been that the world will eventually “run out” of oil and other non-renewable resources. Instead, we seem to be running into surpluses and low prices. What is going on that was missed by M. King Hubbert, Harold Hotelling, […]

Over the past few months, tensions have been high between the U.S. and China. Events such as China denying USS John C. Stennis and its escort ships access to a Hong Kong port showed just how strained relations have become between the two countries, and with China’s recent comments saying that U.S. activity near the […]

Submitted by Mike Shedlock via MishTalk.com, In direct response to higher wage prices and the firming of commodity prices, Wendy’s is going to install self-service ordering kiosks at 6,000 locations. McDonald’s is expected to follow at a slower pace. Investors Business Daily reports Wendy’s Serves Up Big Kiosk Expansion As Wage Hikes Hit Fast Food. […]Read More

Everybody loves a good Vancouver real estate horror story. Here is a great one. In the endless series of reports about wealthy Chinese oligarchs, billionaires, money launderers, or mere criminals, never have we encountered anything quite like this yet, because according to The Province, the majority owner of this Point Grey mansion located at 4833 […]

Submitted by Claire Bernish via TheAntiMedia.org, United States exceptionalism has created a preternaturally excessive number of military installments, deployments, and bases around the world. In point of fact, as David Vine described for the Nation in September 2015: “While there are no freestanding foreign bases permanently located in the United States, there are now around […]

As Illinois struggles to get its fiscal house in order (good luck with that), it has devolved into funding key programs with one-off stopgap measures rather than approving an overall comprehensive budget. The state remains the only remaining state without a 2016 plan. Most recently, lawmakers overwhelmingly approved $700 million to fund social service programs, […]

Submitted by Mac Slavo via SHTFPlan.com, After countless reports about the potential for nuclear or radioactive weapons of mass destruction being smuggled into the United States, the State of Texas is has begun to take the threat seriously. Via Houston Public Media: Up and down the Texas Gulf Coast, the state’s game wardens are on […]