Chesapeake Plummets Over 20% On Report It Has Hired Bankruptcy Attorneys
The saga of the gas giant Aubrey McClendon’s built, Chesapeake Energy, enters its endgame, when moments ago following a Debtwire report that the company has hired Kirkland and Ellis as…
Key Events In The Coming Week: Janet Yellen Testifies, China Closed
With China celebrating the Lunar New Year and offline until next weekend, and with the US in the usual post-payrolls macro newsflow lull, the markets will have more than enough…
Gold Spikes To 8-Month Highs, Silver Breaks Key Technical Level
The bid for precious metals is accelerating. Gold just broke above its October 2015 highs to 8-month highs. Silver is also bursting higher, soaring above its 200-day moving-average. Gold at…
Three Reasons To Be Worried About The Economy
Submitted by Yonathan Amselem via The Mises Institute, On January 12, America’s central planner-in-chief gave his State of the Union address. The president promised nothing less than to feed the…
Treasury Yield Collapse Leaves 5Y At Crucial Cliff
US Treasury yields are collapsing across the entire curve, down 9-10bps from their pre-opening highs this morning. While 10Y pushed belwo 1.80% (to one-year lows), it is 5Y yields that…
“I’m Heartbroken, Inconsolable”, Friend Talks About Nigerian Stabbed To Death By Wife
It is a heartbreaking letter he will never read. 38-year old Oyelowo Oyediran is dead, stabbed to death by the woman who loved him but ended up killing him on…
Dasuki Is A Legally Retired Army Officer, Was Never A Fugitive To Be Denied Bail, Lawyer Says
The immediate past National Security Adviser, Colonel Sambo Dasuki (retired), is a legally retired officer of the Nigerian Army who was never a fugitive to jump bail as being argued…
Presidency To Pay N60 Billion To Poor Nigerians In 2016, Part Of N500 Billion Social Investment Funds
The Federal Government would pay out N60 billion to poor Nigerians in 2016, the office of the Acting President, Prof Yemi Osinbajo, disclosed on Sunday, saying that the President Muhammadu…
Nigerian Army Says Soldiers Helping #BokoHaram Will Be Tried, Denies Power Struggle With Defence Headquarters
The Nigerian army denied on Sunday that there was any power struggle between the Chief of Defence Staff and the Chief of Army Staff in the ongoing war against Boko…