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The People’s Republic of China has indicated its willingness to purchase more crude oil from Nigeria, not minding the changes in world oil price. Economic and Commercial Counsellor of the Chinese Embassy in Nigeria, Zao LingXiang, gave this indication in an interview with News Agency of Nigeria (NAN). According to Xiang, only about one million […]

The Federal Government has issued a statement of its resolve to deal ruthlessly with anyone caught engaged in pipeline vandalism and the sabotage of power infrastructure that have combined to reduce power generation/transmission as well as fuel supplies in recent times, thus unleashing untold hardship on the Nigerian populace. Minister of Information and Culture, Lai […]

The Federal Government has warned that it will deal ruthlessly with those engaged in pipeline vandalism and the sabotage of power infrastructure that have combined to drastically reduce power generation/transmission as well as fuel supplies in recent times, thus inflicting untold hardship on Nigerians. In a statement issued in Abuja on Sunday, the Minister of […]

Back in August, we said that while there are all kinds of charts one could look at on the way to judging just how bad things have truly gotten in Brazil, the most important graphic of all may indeed be this one, which depicts the scope of the various street protests that took place in […]

Submitted by Lance Roberts via RealInvestmentAdvice.com, At the beginning of this year, I began discussing the technical weakness that was emerging in the markets. Since that time, the markets have remained under pressure leading to a continued cautious portfolio stance. However, I have reiterated many times since then, interventions by Central Banks could change the […]

If at first you don’t succeed, keep trying to call the bottom in oil prices. As Bloomberg writes, catching a falling knife is hard, especially when it’s covered in oil. The International Energy Agency today said oil prices may have bottomed out. Several people have tried to call the oil’s floor since prices started falling […]Read More

Amid the maelstrom of Sunday’s political show machinations over Trump’s rallies, one awkward fact remains – The Donald’s lead increases. The latest NBC/Marist polls show Trump ‘swamping’ Rubio in his home state of Florida (43% to 21%), a solid lead in Illinois (34% to Cruz’s 25%), and is closing the gap on Kasich in Ohio […]Read More

“The AfD is a party that is not bringing together society and not offering the appropriate solutions for the problems, but it is stirring up prejudice and polarizing.” That’s from Angela Merkel who spoke last Saturday to Bild am Sonntag about the threat she believes the anti-immigrant Alternative for Germany party poses to the country. […]

It was just a month ago when Ankara was rocked by a blast triggered when a military vehicle passed a car laden with explosives. Dozens of people were killed.  That, in turn, came shortly after a January attack in Istanbul, where a suicide bomber detonated in a public square, killing several German tourists.  Sadly, Turkey […]

Submitted by Thad Beversdorf via FirstRebuttal.com, Kids these days…  So the Trump rally in Chicago was successfully disrupted by mostly young and socio-economic despondent protestors who have, unknowingly, been turned into pre-programmed anti-Trump warriors by the Oligarchs they claim to hate (yes MoveOn.org is fully funded by the Oligarchs, look it up).  The very same mentality […]Read More

On Tuesday, Kuwait’s oil minister Anas al-Saleh delivered a rather stark warning to the rest of OPEC when he said the following about the much ballyhooed crude output freeze: “I’ll go full power if there’s no agreement. Every barrel I produce I’ll sell.” That was a response to a question about what Kuwait would do […]Read More

Submitted by Martin Armstrong via ArmstrongEconomics.com, The central bankers are simply crazy, not evil. They are trying to steer the economy by utilizing this simpleton theory that if you make something cheaper, someone will buy it. Japanese and German cars managed to get a major foothold in the U.S. because the quality of U.S. manufacturers […]