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5 Shares Share Tweet Share Share Email The Cameroonian army on Wednesday night carried out military operations against Boko Haram inside the Nigerian territory, a report said on Thursday without giving details of what transpired within several hours. Local newspaper, L’Oeil du Sahel, which often breaks news about Boko Haram in Cameroon’s far north, said […]

London Stock Exchange Group on Monday held the inaugural session of its new Africa Advisory Group, which brings together African business leaders and senior representatives from pan-African economic bodies to discuss the challenges and opportunities presented by the development of Africa’s capital market infrastructure. Xavier Rolet, CEO of London Stock Exchange Group was joined by […]

Nigerian crude exports to the United States  hit a three year high this week after it exported 559,000bpd of crude. This is a weekly record as the last time we attained this high was in mid-2013. According to a Reuters report, Nigeria was the fourth largest supplier of foreign crude to the US last week […]

Unilever Africa will further strengthen its investments in Nigeria, as well as commit itself to the growing business sustainably in Nigeria. President of Unilever Africa, Mr. Bruno Witvoet has expressed his organization’s desires when he met with the Senate President, Dr. Bukola Saraki in Abuja. Witvoet stated that the company was working on its backward […]

If you’re an in-house lawyer — particularly for a large company — you’ll know the pain of endless juggling of contracts. It is estimated that the average Fortune 1000 company maintains between 20,000 to 40,000 active contracts. Yikes. Smaller companies of course deal with contract numbers that are much smaller, but it would be wrong […]Read More

Submitted by Jim Quinn via The Burning Platform blog, The stock market has regained all of its loses year to date as economic indicators continue to flash red, corporate profits continue to plunge, consumers continue to spend less at retailers, real wages continue to fall, and housing sales continue to decline. The entire dead cat […]

Umh, To your comment “It’s just a twitch. The “sleeping giant” is still asleep.” I do not know, but, I am not sure. Okay, my evidence is purly ancedotal, but, I have overheard talk in a deli in LA, in rural Georgia, while walking around Florida, and the comments I hear are of people waking up. […]Read More

The Swiss, the Finns, and the Ontarians may get their ‘Universal Basic Income’ but the Japanese are about to turn the Spinal Tap amplifier of extreme monetary experimentation to 11. Sankei reports, with no sourcing, that the Japanese government plans to unleash “vouchers” or “gift certificates” to low-income young people to stimulate the “conspicuous decline” […]Read More

Submitted by Michael Snyder via The Economic Collapse blog, The horrific terror attacks in Brussels, Belgium on March 22, 2016 are going to reverberate in our memories for years to come, and perhaps that was the intention.  Terror attacks are designed to create fear and to get attention, and these attacks have definitely done both.  […]

The winner of today’s “peak irony”, or rather hypocrisy, award is easy: it goes to the Rockefeller Family Fund, a charity which exists only thanks to John D. Rockefeller’s creation of the Standard Oil carbon-spewing behemoth (a predecessor to today’s ExxonMobil) which over the past century has created billions in profits for the Rockefeller family […]Read More

Submitted by Martin Armstrong via ArmstrongEconomics.com, QUESTION: I am a capitalist and what we have today is the least efficient form of capitalism. Actually it is quite a destructive and dangerous form of capitalism when the concentration of power reaches this level. I think that in all these years that I thought we were talking about […]

One week ago, we wrote that as a result of the collapsing crude contango, oil tankers (such as the fully loaded Distya Akula which has been on anchor in the Suez Canal for one month unable to find a buyer for its cargo so it continues to wait) “will soon have to unload their cargo”, […]