April 2, 2016/Zero Hedge by Tyler Durden One of the recurring concerns involving Europe’s seemingly perpetual economic, financial and social crises, is that these have been largely predetermined, “scripted” and deliberate acts. This is something the former head of the Bank of England admitted one month ago when Mervyn King […]
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Asia shares dragged lower by Japan, dollar still groggy
Fri Apr 1, 2016/Reuters By Wayne Cole A rout in Japanese shares led Asian markets lower on Friday as a gloomy suite of surveys on Japanese manufacturing sparked heavy fund selling and overshadowed upbeat news from China’s vast factory sector. A renewed slip in oil prices added to the cautious […]
IMF Says Nigeria’s Growth in 2016 Expected to Decline Further to 2.3%
March 31, 2016/IMF On March, 30, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation [1] with Nigeria. The Nigerian economy is facing substantial challenges. While the non-oil sector accounts for 90 percent of GDP, the oil sector plays a central role in the […]
