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Federal Government declares Monday, May 29, as Public Holiday

The Federal Government has declared Monday, May 29 as Public Holiday to celebrate the 2017 Democracy Day. A statement from the office of the Minister of Interior, Abdulrahman Dambazau, congratulated Nigerians for witnessing yet another Democracy Day and assuring “Nigerians of the government’s continued efforts towards guaranteeing security, revitalizing the economy and tackling corruption, which are the three main focused areas of this administration. 91 more words

Africa

If This is Thursday, This Must Be Belgium

President Donald Trump’s first foreign trip went well enough through its first six days, with some potentially significant successes offsetting a few relatively minor if undeniably embarrassing missteps, but all along even his most ardent well-wishers had to admit to a certain nervousness about how long that would last. 957 more words

Politics

Singapore 2017 GDP growth 'likely higher' than last year's 2%: MTI

(Source: www.businesstimes.com.sg)

Singapore’s economic growth this year is likely to be better than last year’s 2 per cent, even as the city-state’s Ministry of Trade and Industry (MTI) keeps its earlier forecast range of 1 to 3 per cent for 2017. 358 more words

Money Matters

What Not to Buy in Today’s Stock Market

By Vitaliy Katsenelson – Re-Blogged From IMA

Dear reader, if you are overcome with fear of missing out on the next stock market move; if you feel like you have to own stocks no matter the cost; if you tell yourself, “Stocks are expensive, but I am a long-term investor”; then consider this article a public service announcement written just for you. 842 more words

GDP & Employment

Pension Paralysis: 11 of 15 Counties That Are The WORST Funded Public Pensions Are In California (But Illinois Is The Most Underfunded)

It has been been almost nine years since The Federal Reserve launched their massive intervention in capital markets. Since late 2008, stocks, bonds, home prices, commercial real estate have skyrocketed. 570 more words

Banking

Infrastructure: Giant Strides

Namita Tewari* 

From Bharatmala to Sethu Bharatam, from highways to expressways and from dhardham to Kailash Mansarovar – giant strides to overhaul India’s infrastructure are underway. 1,159 more words

Germany’s trade surplus is down to Germany not the ECB

Adrian Schmidt

In a speech in Berlin yesterday, Merkel said the German trade surplus was propelled by two factors over which the government had no influence, namely the euro’s exchange rate and the oil price. 726 more words

Economy