$4b loan facility for oil industry: 40-man Chinese investors expected next month – Kachikwu

The minister of state for petroleum resources, Dr. Emmanuel Kachikwu  has said Nigeria is expecting a loan facility of close to $4 billion from China. Speaking with state house correspondents after Wednesday’s meeting of the federal executive council, Kachikwu said the loan, which will be used to bolster infrastructure in the oil industry, was one of the results […]

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All Of A Sudden, Fish Are Dying By The Millions All Over The Planet by Michael Snyder

Why are millions upon millions of dead sea creatures suddenly washing up on beaches all over the world?  It is certainly not unusual for fish and other inhabitants of our oceans to die.  This happens all the time.  But over the past month we have seen a series of extremely alarming mass death incidents all […]

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This is a crazy world – Saving is sin, and spending is virtue? by Dr. Jagdish Bhagwati

Japanese save a lot. They do not spend much. Also, Japan exports far more than it imports. Has an annual trade surplus of over 100 billion. Yet Japanese economy is considered weak, even collapsing. Americans spend, save little. Also US imports more than it exports. Has an annual trade deficit of over $400 billion. Yet, […]

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