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In a new interview with Bloomberg Politics, Donald Trump fleshed out aspects of his national security strategy that include weighing whether NATO is obsolete, an emphasis on the virtues of unpredictability on the part of an American president and the potential use of nuclear weapons against the Islamic State as a last resort. Donald Trump […]

For the first time since April 2014, New Home Sales have fallen YoY for 2 consecutive months. The 6.1% drop YoY in February is the biggest annual drop since June 2014 and confirms recent housing data weakness. Average new home prices fell to $348,900 – the lowest since August. The housing “recovery”… Only The West […]Read More

Earlier today, Belgian prosecutors held a press conference at which officials detailed the latest developments in the search for the third suspect seen in CCTV footage shot just before two suicide bombers detonated suitcases in front of a Starbucks in Brussels airport on Tuesday.  The man police are frantically searching for is almost certainly bomb […]

Following last night’s API-reported yuuge build in crude of 8.8mm barrels (and draw in gasoline and Cushing – confirming Genscape’s earlier report), DOE reports today an even bigger 9.36m barrel build – the 2nd biggest build in a year. Crude prices were confused as this massive build was offset by a drop in crude prioduction […]Read More

For anyone still looking for context to the biggest ever collapse in commodity prices in history, one far sharper and now longer than that in the deflationary aftermath of the Lehman failure, look no further than the chart below: as the WSJ notes, the U.S. mining industry, a sector which includes oil drillers, lost more […]

Submitted by Charles Hugh-Smith of OfTwoMinds blog, Leaders faced with unrest, rising demands and dwindling coffers always debauch their currency as the politically expedient “solution.” Whatever you think of former Fed chair Alan Greenspan, he is one of the few public voices identifying runaway entitlement costs as a structural threat to the economy and nation. […]

4 Shares Share Tweet Share Share Email The refusal of the Department of the State Security Service (DSS) to produce former National Security Adviser, Col Sambo Dasuki before an Abuja High Court stalled his trial on Wednesday. At the resumed hearing, Rotimi Jacob who is prosecuting for the Economic and Financial Crimes Commission (EFCC) informed […]

6 Shares Share Tweet Share Share Email An Abuja High Court Judge, Justice Peter Affen, has berated the Economic and Financial Crimes Commission (EFCC) for allegedly intimidating his court and for attempting to stall a case involving it and an Austrian Security contractor, Mr. Wolfgang Wolfgang Reinl, who sued the anti-graft agency for N2 billion […]

3 Shares Share Tweet Share Share Email The Federal Government, State Governments and Local Government Councils have shared a total of N345.095 billion as Federal allocation for the month of February, 2016, a drop of N20 billion from the previous month. A communiqué issued by the Federation Accounts Allocation Committee (FAAC) and signed by the Accountant […]

Breaking Pictures! Ambode, Bagudu Sign MoU On Development Of Commodity Value Chains – SimonAtebaNews 2 Shares Share Tweet Share Share Email Lagos State Commissioner for Agriculture, Mr. Oluwatoyin Suarau (right), with Permanent Secretary, Kebbi State Ministry of Agriculture, Dr. Nababa Adamu (left), signing a Memorandum of Understanding on the Development of Commodity Value Chains between […]

1 Share Share Tweet Share Share Email Lagos and Kebbi governments on Wednesday entered into a partnership on the establishment of a commodity value chain, the government said in a statement. Speaking in Lagos at the official signing of a Memorandum of Understanding (MoU) between both states, Governor Akinwunmi Ambode said the partnership signaled the […]

Nigeria will be getting set to manufacture its first set of pencils in 2018, at a time when pencils are fast becoming a relic in other societies. Here in Nigeria, a typical urban dweller could almost go through a full week without setting eyes on one pencil. As technology marches on, the number of people […]