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After an extensive investigation, the Consumer Protection Council (CPC) has substantiated allegations of violations of consumer rights by MultiChoice Nigeria Limited in the provision of its Digital Satellite Broadcast Television (DStv) service. Consequently, the Council has issued far-reaching orders, including suspension of service when consumers are away; release of free-to-air channels, even when subscription expires; […]

Have you recently lost your job and got a payoff? Did you just decide to retire ahead of time in exchange for severance or a compensation package? Whatever you decide to do with this money you are paid can make or mar you in the next few months.  Through the experiences of people who have […]

FO Chart – Price vs VolumeSource: Nairametrics Research Forte Oil Plc Is one of the many miracles of the Nigerian stock exchange. From as low as N9 in 2012 the stock has risen to N342, its latest year high. The stock is one that has made millions for a lot of investors in Nigeria and […]

The Jats are angry. Violent protests by the rural caste have left 10 dead and 150 injured in Haryana, India where the government has sent 4,000 troops and 5,000 paramilitaries with shoot-on-sight orders. The week-long riots reflect frustration with a lack of employment and university opportunities. “The Jats are demanding quotas for government jobs and […]

Via SaveScranton.com, This video first premiered on NEPA Scene a couple of days ago. [embedded content] The documentary begins with an explanation that Scranton has won the ignoble title of being the unhappiest place in America. This is quite the accomplishment considering that there are places in America that are literally swamps but they still […]

Friday afternoon saw chaotic trading in GBPUSD (cable) as headlines flip-flopped before finally settling on a “deal” had been agreed between Cameron and The EU. Hope was high that this was a positive for “staying in” and cable rallied. But that has been dashed on the shores of Boris Johnson as London’s mayor will campaign […]Read More

At the peak of the last financial crisis, as the credit liquidation wave was jumping from one highly levered product to the next, one of the hardest hit sectors was the Collateralized Loan Obligations (CLO) space, where the rout and massive P&L losses across most tranches led to a revulsion for new issuance, which effectively […]

On Saturday night, all doubts about whether Donald Trump was a serious contender for the White House were erased. That’s not to say he’s locked up the nomination. But with last night’s decisive victory in South Carolina, Trump served notice that this is no longer a matter of whether he can make a serious run […]Read More

Authored by Mark St.Cyr, Many times when I’m speaking with others and make reference to “Ivory Tower” types I can tell the reference either gets lost or, is not fully appreciated for what it actually means in today’s world of monetary policy, and its direct correlation to business in general. Some take it as just […]Read More

By EconMatters   API and Genscape providers are a slippery slope for financial markets and equal access to information by market participants. The CFTC needs to review the role that these firms play in providing market moving data to select market subscribers, especially since this opens up a whole bunch of issues regarding front running […]

Submitted by Pater Tenebrarum via Acting-Man.com, Should Recessions be Feared and Avoided? Back in 1969, a monograph by Murray Rothbard was published as a small booklet. Its title was “Economic Depressions: Their Cause and Cure” (readers unfamiliar with the essay can download the pdf version below). The booklet achieved enormous circulation at the time and […]

As we detailed initially here, and followed here, there is a clear and present danger – no matter what the vareious Fed speakers say – that The Fed will be forced into negative rates sooner rather than later. The market appears to be losing complete faith in The Fed’s current narrative as bets on NIRP […]