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More than 70 outdoor advertising companies contracted to handle the Ambode/Buhari campaign billboards in Lagos are still waiting to get paid their dues from the APC, with practitioners revealing that they are enduring a choking debt burden. “The companies that ensured that Buhari and Ambode billboards took over 95 percent of the available billboards in […]

In what, if true, is the most incendiary allegation of the day, Israel’s Haaretz newspaper reports that Belgian security services and other Western intelligence agencies had “advance and precise intelligence warnings” regarding Tuesday’s bombings. According to the paper, “the security services knew, with a high degree of certainty, that attacks were planned in the very […]Read More

Well that escalated quickly… S&P is back at critical ledge… Taking The S&P 500 into the reds for the year… It appears the massacre of 34 people in a major European capital is not a buying opportunity after all. Average: Your rating: None Average: 5 (3 votes)

“Is the Fed confusing the market?” That is how Bob Pisani’ latest CNBC column begins, to which our logical response is “what market” – the “market” which any time it drops by 10% see every central bank unleashes historic jawboning and/or unprecedented monetary easing with QE (as in the case of the ECB now monetizing […]Read More

Submitted by Nick Cunningham via OilPrice.com, Petrobras reported a record loss for the fourth quarter, a horrendous performance that raises questions about the company’s ability to handle its mountain of debt. The state-owned Brazilian oil company announced that it lost more than 36 billion reais in the fourth quarter, or more than USD$10 billion, a 40 percent […]Read More

Ted Cruz and Bernie Sanders had as good a Tuesday as could have been expected. Cruz won easily in Utah, and critically, he polled at 69%, well above the 50% threshold the Texas senator needed to take home all 40 of the state’s delegates. The outcome in Utah was never in question, it was just […]

Submitted by Bill Bonner of Bonner & Partners (annotated by Acting-Man.com’s Pater Tenebrarum), Everything Is Nonsense If I had a world of my own, everything would be nonsense. Nothing would be what it is, because everything would be what it isn’t. And contrary wise, what is, it wouldn’t be. And what it wouldn’t be, it […]Read More

Submitted by Peter Schiff via Euro Pacific Capital, The Federal Reserve’s years-long campaign to sheepishly back away from its own policy forecasts continued in earnest last week when it officially reduced the four expected 2016 quarter point hikes, suggested back in December, to just two. Given the deteriorating economic outlook, I believe there can be little doubt […]Read More

“And It’s Gone…” [embedded content] It seems The Fed is not happy with the market’s exuberance… Which makes sense…Because the market is not lining up with reality… Macro-economy? Nope… Micro-economy? Earnings expectations… Nope! But today was all about Bonds Bitchez... the entire complex collapsed today with the long-end outperforming… With 30Y yields back to 2-week […]Read More

Earlier today, we brought you the official statement in which ISIS claims responsibility for the attacks that left 34 people dead in Brussels on Tuesday. The group promises “black days for all crusader nations” and an attack “more devastating and bitter” than those that have come before (“Allah permitting,” of course). Paris fugitive Salah Abdeslam […]Read More

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Breaking Pictures! President Buhari Receives Special Envoy From President of Niger Republic – SimonAtebaNews 4 Shares Share Tweet Share Share Email President Buhari with R-L Chief of Staff to President of the Republic of Niger Mr Ouhoumoudou Mahamdou and Diplomatic Adviser to President of the Republic of Niger Mr Abani Sani. > Share Tweet Share […]