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The People’s Republic of China has indicated its readiness to partner with the Kwara State Government to develop a textile industrial park in the state. Chinese Ambassador to Nigeria, Gu XiaoJie, gave this hint when he received Kwara State Governor, Dr Abdulfatah Ahmed and a Chinese Company, Ming Bo Jin Sheng Star Co. Ltd, at […]

Early on Monday morning (Arizona time), silver began to rise. From its close on Friday of $15.46, it ran up to $15.82. Then it began to slide, eventually dropping to $15.17 by midmorning on Wednesday. Then… *BAM* The Fed said not a lot. It will go on manipulating the rate of interest rate to the […]

According to information contained in the annual reports of both Guaranty Trust Bank and UBA, a total of about N24 billion was spent by both banks on private jets in the lat two years. Executives of Commercial banks like their counterparts in more advanced countries, typically acquire private jets to help facilitate their travel requirements. […]

The farcical American welfare-state has a new posterchild. Meet Florida-resident Nicholas Jackson, who tried to purchase a brand new $60,000 BMW X-6 SUV with his Electronic Benefits Transfer (EBT) card… That’s not what Food Stamps are for!! But, as New York Daily News’ Sasha Goldstein explains, after failing to use his us-taxpayer-funded credit card to […]Read More

It’s spy thriller stuff; no one is talking. But there are indications Russia would not announce a partial withdrawal from Syria right before the Geneva negotiations ramp up unless a grand bargain with Washington had been struck. Some sort of bargain is in play, of which we still don’t know the details; that’s what the CIA itself is […]Read More

Submitted by Richard Ebelong via EpicTimes.com, Let us be clear. We are living, right now, in a time of emotional fear, hysterical anger, illogical demands, and dangerous temptations. In other words, liberty and prosperity are at risk. A decent and tolerant society is threatened. Common principles of humanity are being undermined. All of this is […]

It’s no secret by now that China has a rather serious debt problem. Although getting a precise read on it is next to impossible, all told the debt pile probably sums to something like $30 trillion. Various reports put the figure at between 250% and 300% of GDP all-in and as we reported back in […]

The dream of transition to a ‘consuming’ economy just crashed into the wall of excess debt and leverage. 2016 has started with a 44% collapse in China passenger car sales. This is the biggest sequential crash and is 50% larger than any other plunge in history. While there is a seasonal effect here obviously, the […]

Sweden is too generous for its own good as the country most beloved by Bernie Sanders is pressured by huge migrant flows. As Bloomberg reports, when it comes to wealth, health and hospitality, Sweden has few rivals. But the same qualities that make the country a beacon of hope for the world’s huddled masses are […]

It’s probably fair to say that there are more question marks swirling around the 2016 US presidential election than any race for The White House in recent memory. Normally, Americans have a choice between two candidates, a Republican and a Democrat, who purport to hold vastly divergent views on everything from the economy to foreign […]

By Charles Mudede Of The Stranger’s Slog Occupancy Rate Becoming Less of a Concern for Downtown’s Real Estate Investors I was recently informed by local economist and manager of IDEAeconomics, a website that promotes post-Keynesian views (and post-Keynesian must not be confused with neo-Keynesians), Alan Harvey that a significant shift has occurred in the market […]

Two weeks ago, Judge Jeannine Pirro hit it out of the ballpark with her stunningly honest and frank monologue that “there’s an insurrection coming” and that “the American people are sick and tired of crony capitalism.” Overnight, she followed it up with another striking rant, this time explaining why the Republican Party’s mantra has suddenly […]Read More