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National Chairman of the All Progressives Congress (APC), Chief John Odigie-Oyegun, is embarking on a 10-day vacation and has announced he would leave the running of the party to the Deputy National Chairman of the party, Segun Oni (South). Oyegun’s 10-day vacation commences on Monday 29th February, 2016 and he says he needs to rest. […]

“In view of the circumstances it appears likely that this is a xenophobic act.” That’s from a police spokesperson who spoke to dpa after a dead pig with Angela Merkel’s name “daubed on it” was discovered at a site where a mosque is being constructed in Leipzig. “Mutti Merkel” was reportedly scribed on the animal’s […]Read More

One week ago, we reported that even as traders were focusing on the daily headline barrage out of OPEC members discussing whether or not they would cut production (they won’t) or merely freeze it (at fresh record levels as Russia reported earlier today) a bigger threat in the near-term will be whether the relentless supply […]

By EconMatters A positive week for risk assets, we consolidated recent gains and even finished the week higher in most risk assets. Gasoline had a stellar week, and points to a bottom in the Oil Market. [embedded content] © EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email Digest | Kindle   Average: […]

We’ve written quite a bit about the decline of America’s once proud manufacturing industry which is now but a shadow of its former self and long ago ceded its place in the public’s heart and mind to the service industry, as US citizens are far more concerned with whether they can get a $6 latte […]Read More

That the dramatic upheavals of war, pestilence and environmental collapse can trigger social disorder and revolution is well-established. Indeed, this dynamic can be viewed as the standard model of social disorder/revolution: a large-scale crisis—often a bolt-from-the-blue externality—upends the status quo. Another model identifies warring elites and imperial meddling as a source of revolution: a new […]Read More

“Do as I say, not as I do” is the clear message of hypocrisy spewed forth by former US Treasury Secretary Henry Paulson this week. Having presided over the largest redistriubution of taxpayer funds to bailout the banking system, while exclaiming fire and brimstone should they not be saved, he now has some advice for […]

Submitted by Doug Casey via InternationalMan.com, Democracy is vastly overrated. It’s not like the consensus of a bunch of friends agreeing to see the same movie. Most often, it boils down to a kinder and gentler variety of mob rule, dressed in a coat and tie. The essence of positive values like personal liberty, wealth, […]

Less than two years ago, news of Russia test-firing an ICBM just as the east Ukraine civil war was heating up, was sufficient to send the stock market into a brief tailspin. Since then, the launches of nuclear-tipped intercontinental ballistic missiles has become an almost daily occurrence, with the market hardly batting an eyelid. In […]

Long before “The Big Short’s” Michael Burry was a household name for his insight into the upcoming subprime crisis of 2006-2007, there were many others among them John Paulson, Kyle Bass, and Corriente Advisors’ Mark Hart. Just like Bass, Mark is another Texas-based hedge fund manager who correctly predicted, and profited from, the subprime crisis. […]Read More

Submitted by StraightLineLogic.com’s Robert Gore via The Burning Platform blog, There are few good reasons to go to war, but the US faces the danger of being dragged into World War III for the worst of reasons. It will be fighting in a region in which it has no overriding interest, picking a side in […]

Frigoglass, the parent company of Beta Glass Plc has terminated its agreement to sell its 70% stake in Beta Glass Plc in a deal that was worth about $225 million. Frigoglass had in last May agreed to sell its stake to Dubai owned GZI Industries. Reason for the termination According to reports, Frigoglass terminated after […]