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The Lagos State Government on Tuesday said it would no longer tolerate the illegal activities of land grabbers otherwise known as Omo-Onile, just as it warned that anyone found using such to disturb public peace and illegally disposes people of their property would be prosecuted in accordance with relevant criminal laws. The State’s Attorney General […]

Former Head of the Civil Service of the Federation, Mr. Steve Oronsaye has been arrested by the Economic and Financial Crimes Commission (EFCC) for an alleged N240m fraud. Oronsaye, who is already being prosecuted by the EFCC on 24 counts of money laundering, was arrested again on Tuesday based on fresh evidence. The former civil […]

By EconMatters The API Report Much Better than Expected. The EIA Report will be out tomorrow, focus on the U.S. Production Number – the most important element of the report. How many more EIA Reports until we break the 9 Million Barrel per day threshold in U.S. Oil Production. [embedded content] Average: Your rating: None […]

Late last month, John Kerry and Sergei Lavrov celebrated a “temporary cessation of hostilities” in Syria. Obviously, the “ceasefire” didn’t include ISIS, but more critically for peace, it didn’t include al-Nusra either. Nusra is of course al-Qaeda’s Syrian arm, and what’s important to understand is that unlike ISIS, their positions are difficult to distinguish from […]Read More

Submitted by Brian Hunt via InternationalMan.com, Have you heard of “negative interest rates”? It’s become a phenomenon with economists and the media. There’s a good chance you’ve read an article about it. We’ve covered it many times in the Dispatch. I’m writing to tell you something about negative interest rates you haven’t heard. You certainly […]Read More

From Bahamian crawfish to Mexican shoes, and from Argentine soybeans to Ethiopian coffee, the world makes (and trades) in far more than just crude oil and petroleum products. However, given the current deflationary world, it is very notable how many countries in the world are dependent on commodities as the primary source of foreign income. […]

Submitted by Llewellyn Rockwell via The Mises Institute, Super Tuesday may have been the beginning of the end for the Bernie Sanders campaign, but the ideas that propelled it are likely to linger for quite some time. With some writers comparing Bernie to Ron Paul (not in terms of economics and philosophy, of course, but […]

Yesterday marked the 40th day in a row that total known holdings of Gold in ETFs rose. Not since January 6th has the precious metal seen a reduction in holdings. This is the longest streak of increased holdings since ETFs were born… It seems, despite exuberant equity bounces, reassurance about the awesomeness of the “jobs” […]

Submitted by Richard Fernandez via PJMedia.com, Immediately after legal scholar Philip Bobbitt tried to explain the history and future of the State in his book The Shield of Achilles, a brief intellectual storm swept the non-American Anglosphere as intellectuals pored over it as a guide to a world made murky by September 11, 2001. “The Shield […]

As you might have noticed, Europe is falling apart. Some manner of ambiguous “deal” with the Turks notwithstanding, the EU is going to collapse under the weight of the millions of asylum seekers that have inundated the bloc over the past 12 months. At this juncture, the so-called Balkan Route has for all intents and […]

Authored by Paul Craig Roberts, In the 21st century Americans have been distracted by the hyper-expensive “war on terror.” Trillions of dollars have been added to the taxpayers’ burden and many billions of dollars in profits to the military/security complex in order to combat insignificant foreign “threats,” such as the Taliban, that remain undefeated after […]Read More

Nigeria is pleased with the offer by the Swiss government to return $321 million, part of the funds looted by Nigeria’s worst dictator, General Sani Abacha, who died in power in 1998, Vice President Yemi Osinbajo said on Tuesday. Mr. Osinbajo, who turned 59 same day, said the federal government  is currently developing a framework […]