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… Reveals plan to establish 10,000 primary healthcare centres  President Muhammadu Buhari Thursday in Abuja urged the National Association of Resident Doctors (NARD) to shelve its threatened strike action and give the Federal Government more time to address the grievances of doctors. Speaking at a meeting with the leadership of the Nigerian Medical Association (NMA), […]

A High Court of the Federal Capital Territory (FCT) on Thursday ordered the Economic and Financial Crimes Commission (EFCC) to immediately release the cousin of former President Goodluck Jonathan, Mr. Azibaola Robert. The EFCC had on March 23, arrested Robert over alleged diversion $40 million through One-Plus Holdings, a sister company of Kakatar Construction and […]

The prosecution in the case against former Minister of Niger Delta Affairs, Godsday Orubebe, opened its case on Thursday with its first witness giving details of how the Code of Conduct Bureau (CCB) discovered a property owned by the ex-minister in Abuja which he allegedly refused to disclose. Orubebe is standing trial before the Code […]

When we last looked at order of heavy, or Class 8, truck one quarter ago – that all-important, forward looking barometer of domestic trade – we said that even with 2015 in the history books, and as we start 2016 where the base effect was supposed to make the annual comps far more palatable, the […]

The latest from Nomura’s Bob “the bear” Janjuah Power of the Fed’s words waning? I wanted to update my two earlier notes from this year, published on 7 January (link) and 4 March (link). The two specific drivers for this update are outlined below and are linked to each other and to the two notes […]Read More

It didn’t take long for the impact of the stronger yen, and the weak global economy, to manifest themselves on the company that is Asia largest clothing retailer. Moments ago, shares of Japan’s clothing empire Fast Retailing, whose most prominent brand is Uniqlo, plunged by 10% sending its stock price to the lowest since June […]

While the “war against ISIS” has been quietly pulled from the front pages in recent months (even as both Russia and the US continue to pile forces into Syria), having served its political purpose, it continues on the ground. As evidence we have the following newly-released videos show Russian Mil Mi-28NE Night Hunter helicopters hunting […]

While we all very capable of discerning the ‘recovery’ facts from the peddled recovery fiction throughout President Obama’s reign… …a close up over the last six months suggests things are getting worse in a hurry. As The Economic Collapse blog’s Michael Snyder details, while most people seem to think that since the stock market has […]Read More

Yesterday morning, following news that David Tepper was set to depart his home state of New Jersey for Florida (and being NJ’s richest man, his departure is already being lamented) using the latest Forbes billionaire data, we presented a chart laying out the number of billionaires by state to show which states have the biggest […]

Submitted by Angela Borozna via OrientalReview.org, Do Russians want another war? If you are Russian, you would be surprised by the question. Why would anyone want war (hot or cold)? But if you are an American, and grew up fearing ‘bad Russians’ such question does not surprise you a bit. After all, the whole Cold […]

Just a day after Governor Alejandro Garcia Padilla signed a law that enables him to temporary halt debt payments, dramatically raising the risk of widespread defaults, Puerto Rico securities had the biggest one-day drop in more than eight months. Today’s plunge is the biggest decline since July 28, 2015, a day after PR indicated that […]

Submitted by Brandon Smith via Alt-Market.com, We live in strange economic times, stranger perhaps than at any other point in history. Since 2007-2008, the globally intertwined and dependent fiscal system has suffered considerable declines in every conceivable area. Manufacturing around the world is in a slump, from Japan to China to Europe, with the minimal […]