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  • 8 – 2016-04-08 16:25:36 –

    A total of 27 persons have been arrested in Kogi State for alleged kidnapping and armed robbery, the State Police Commissioner, Mr Yakubu Usman, said on Friday while parading some of the suspects in Lokoja, the State capital. One of the suspect, the gang leader, was said to have led the team which kidnapped a […]
  • “Free Stuff” Isn’t All That It’s Cracked Up to Be

    Submitted by Louis Rouanet via The Mises Institute, To my British and American friends who must deal with the socialist nonsense of Bernie Sanders and Jeremy Corbyn, I found this poem. It was written by Rudyard Kipling, the writer most hated by English Socialists in the 40s and an opponent to the interventionist policies implemented […]
  • Something Just Snapped In Saudi Money Markets

    Away from the headlines about The Panama Papers, global financial markets turmoiled quietly this week with a surge in equity and FX volatility and banks suffering more death blows. However, something happened in Saudi Arabia’s banking system that was largely uncovered by anyone in the mainstream… overnight deposit rates exploded to their highest since the […]
  • Banks Battered As Yen-magedddon Sends Stocks To Worst Week In 2 Months

    This seems to sum the week up… [embedded content] An ugly week for stocks despite the best ramping efforts… Financials were the week’s biggest losers… worst week in 2 months Plenty more to come… Facebook had a tough time as FANG stocks suffered their worst week in 2 months (-2.2%)…breaking an 8-week winning streak TSLA […]Read More
  • This Is How You Keep The S&P Green For The Year, Redux

    Just as we explained in this morning’s wrap, today was all about keeping The S&P 500 in the green year-to-date… Because nothing says “efficient” markets like ten VIX-smash-based “rescues” of S&P 500 from the confidence-crushing perils of a red close year-to-date… And how was today’s “save” achieved… the good old VIX smash… Just like we […]Read More
  • Weekend Reading: The Fourth Turning

    Submitted by Lance Roberts via RealInvestmentAdvice.com, Last week, I interviewed the author of “The Fourth Turning”, economist and demographer Neil Howe on “The Lance Roberts Show.” The discussion focused on the demographic shift that is currently occurring in the United States and the impact it will have on economics in the future. One of the most striking […]Read More
  • I’m Not Struggling With My Job, I’m Just 4 Months In Office, Says Fashola

    Nigeria’s Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, has declared that he is not struggling with his responsibilities, even as electricity being generated under his leadership at the moment has crashed to its lowest level in many years. Mr. Fashola, reacting to insinuation that he has been struggling with his duties, declared […]
  • Camair, Cameroon’s Flag Carrier, Now IOSA Certified, Joins IATA

    Share on Facebook Tweet on Twitter Cameroonian Cabin Crew Rejoice after Camair joined IATA Cameroon’s flag carrier, Camair, is now the latest member of International Air Transport Association, having passed what is considered in aviation as the gold standard for airline operational audits. The Cameroonian airline has passed the IATA Operational Safety Audit (IOSA). Airlines […]