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Two years ago, Victoria Nuland’s new puppet state, Ukraine, celebrated its freedom from the clutches of its recently deposed president Yanukovich, a coup which U.S. foreign policy experts said would end crony capitalism, government corruption and unleash democracy and prosperity. Two years later, the county is caught in a historic depression, its financial system only […]

Short positions in oil exchange-traded funds surged to stunningly extreme record levels (up 300% in a month) in Janaury as crude oil plummeted. Since January 20th, however, things have changed rapidly as a massive short-squeeze began… (axes adjusted to show relative scale of short position) Now, as UBS notes, Yesterday oil ended in the green […]

One recurring question posed to finanial pundits in the financial media over the past two weeks has been “is this rally real” with the bullishness of the response usually directly proportional to how many assets any given pundit is trying to offload. While we don’t know if the rally is “real”, and how much longer […]Read More

By EconMatters Sparks flew in the middle of the day, but when all was said and done we finished relatively flat for the day in the oil market. The week closes out Friday with the Employment Report. [embedded content] © EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email Digest | Kindle    […]

Submitted by Simon Black via SovereignMan.com, In the middle of a heated battle against my jetlag yesterday, I finally decided to exercise the nuclear option and turn on CNBC in order to stay awake. I figured someone would say something completely ridiculous, and it would get my blood boiling enough to power through the next […]

Services economy cliff-dives and we squeeze higher again… sure why not… [embedded content] Another day another huge short squeze – the last 3 days are the biggest rise in “Most Shorted” stocks since Black Monday week’s bounce… And The McClellan Oscillator is screaming overbought… Trannies and Small Caps ripped on the day…Nasdaq closed red As […]Read More

Lagos State Governor, Mr. Akinwunmi Ambode on Thursday ordered the temporary closure of the Mile 12 Market, following a dispute which erupted within the communities in Ketu-Mile 12 area of the state. The Governor also announced the restriction of movement on four streets in the area including Oniyanri Street, Maidan Street, Agiliti 1 and Agiliti […]

My Arrest, Another Glaring Case Of Political Persecution, By Uche Secondus, Ex-PDP Acting Chair – SimonAtebaNews Uche Secondus 3 Shares Share Tweet Share Share Email On Tuesday 23rd February 2016, I honoured an invitation from the EFCC to clarify issues related to an ongoing investigation by EFCC. They confronted me with allegations of receiving some cars […]

By Steve Holland DETROIT (Reuters) – Former Republican U.S. presidential nominee Mitt Romney gave a blistering rebuke of 2016 party front-runner Donald Trump on Thursday, the latest sign of how badly mainstream figures in the party want to stop the incendiary New York billionaire. Romney, an elder statesman in the party, urged Republicans in states […]

The Nigerian National Petroleum Corporation (NNPC) will undergo a major restructuring next week, according to the Minister of State for Petroleum Resources, Dr, Ibe Kachikwu on Thursday at the Shell Production and Exploration Oloibiri Lecture Series held in Abuja. Dr. Kachikwu revealed that the decision of the Federal Government to overhaul the NNPC was in […]

MTN Group may finally get to list its Nigerian unit on the Nigerian Stock Exchange (NSE) once the issue over the $3.9 billion fine with the NCC is resolved. This was revealed by its Executive chairman on Thursday. MTN Group had earlier announced today that it is setting aside a sum of 9.3 billion rand […]

Many of you have heard the euphemism “non-traditional” law school applicant. This term has been used to encompass persons who seek to go into law from other careers, who took some time off and have decided on the path to law school, or pretty much anyone who didn’t go straight from undergrad to law school […]