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Having rallied all the way back to unchanged for the year thanks to yesterday’s China re-opening “adjustment,” the Yuan selling has resumed with onshore down by the most in a month and offshore fading also.  With Crude and USDJPY holding gains (for now)… US and Asian equities are in the green as hope springs eternal […]Read More

While both sellside analysts and buyside investors are panicking over the collapse in bank stock prices and the evaporation of market liquidity as virtually nobody trades any more, perhaps it is time someone looked further east, specifically in China where in January the results reported by local brokerages have confirmed what we have been warning […]

Once upon a time, the CIA and Washington’s Mid-East Sunni allies had an idea. The American forces occupying Iraq were handed a bit of a lemon in 2004 when Abu-Mus’ab al-Zarqawi pledged allegiance to Osama Bin Laden and took command of the al-Qaeda cell in Iraq, which grew by recruiting from the ranks of Saddam’s […]Read More

Submitted by Simon Black via SovereignMan.com, According to financial research firm ICI, total retirement assets in the Land of the Free now exceed $23 trillion. $7.3 trillion of that is held in Individual Retirement Accounts (IRAs). That’s an appetizing figure, especially for a government that just passed $19 trillion in debt and is in pressing […]

Yes, you read that right. Amid a tumbling stock market, plunging trade data, weakening Yuan, and soaring volatility, China’s aggregate debt (so-called total social financing) rose a stunning CNY3.42 trillion (or an even more insane-sounding $520 billion) in January alone. In fact, since October, China has added over 1 trillion dollars of credit… and has […]

Authored by Cynthia McKinney, Op-Ed via RT.com, Jesus once remarked to a wealthy man that “it is easier for a camel to pass through the eye of a needle than it is for a rich man to go to heaven.” Today, we could amend the words of that Biblical reference with the US presidential race […]

6 Shares Share Tweet Share Email Nigeria Military Statement The cooperation between Nigeria and its neighbours has brought renewed vigour and is yielding fruitful result in the fight against the Boko Haram terrorists. For instance, apart from recording tremendous success, troops of 26 Task Force Brigade, cooperated with Cameroonian forces for joint operations in Kirawa […]

The Naira hit an all time low of N345 on Monday signalling more than ever the need to bridge the supply gap between the parallel and the official rates.  The exchange rate which has risen from about N305 at the beginning of the month has now depreciated by more than 13% in less than two […]

Caneroon’s top military officer, who was killed by Boko Haram on Sunday, was promoted to the rank of lieutenant colonel on January 1 this year, before his vehicle stepped on a deadly explosive device yesterday that sent him to his early grave, friends said on Facebook on Monday. At 39 years old, Lieutenant Colonel Honoré Georgie Kwene […]Read More

2 Shares Share Tweet Share Email President Muhammadu Buhari announced on Monday that he’s sending the military and task forces to crush Niger Delta vandals who have hit oil installations in recent weeks, and engaged in kidnappings and demands of ransom. Buhari was speaking at a meeting with a delegation from the  United States Institute of […]Read More

BEING THE STATEMENT PRESENTED BY DR FELIX ABALI, COMMISSIONER OF ACCIDENT INVESTIGATION BURAU (AIB) NIGERIA TO THE MEDIA ON THE BRISTOW HELICOPTERS CRASH OF FEBRUARY 3, 2016HELD AT AIB LAGOS OFFICE ON FEBRUARY 12, 2016. Distinguished members of the press. As part of the ongoing investigation into the February 3, 2016 ditching of Bristow Helicopters’ Sikorsky 76C++ with […]Read More

The Nigerian government sacked on Monday the heads of 26 agencies and parastatals, Mr. Babachir Lawal, the secretary to the government of the federation, said in a statement. Below is the full list. (i) Nigerian Television Authority (NTA) (ii) Federal Radio Corporation of Nigeria (FRCN) (iii) Voice of Nigeria (VON) (iv) News Agency of Nigeria (NAN) (v) National Broadcasting Commission (NBC) […]Read More