Former presidential candidate, physician and Congressman Ron Paul (Republican-Texas) introduced HR 1207 with the name "Federal Reserve Transparency Act of 2009", but known to its many supporters as the Audit The Fed bill. Not suprisingly, Federal Reserve Board Chair Ben Bernanke has sought to prevent its passage. In the House of Representatives it now has […]
Indian Economy Strong Amid Global Recession
Despite the fact that India has become more and more vulnerable to financial problems and economic slowdowns in other countries, the congress-led government is claiming that it has shielded the subcontinent from a looming recession. That argument is a bit far fetched, although a tad bit of credit has to go to Indian leaders – […]
Drug Abuse Day observed -Joint mechanism to tackle drug addiction:
Srinagar/Jammu,June 26 – Jammu & Kashmir Minister for Health, Sham Lal Sharma has called for coordinated efforts to curb the menace of drug addiction, adding it was difficult for only few agencies to succeed in purging the society from drug addicts. The Minister was speaking at a function, organized by the Jammu […]
Nigeria’s Strategy: Become Economic Powerhouse by 2020
By Emeka Chiakwelu Strategist@afripol.org The vision of transforming Nigeria’s economy by 2020 must be strategically framed, rooted in sound macroeconomics fundamentals and elucidated legal framework to accomplish the targeted goal. Nigeria has come of age, and is now determined to expand her economic frontiers and to invest in the populace. The targeted year 2020 is […]
The collapse of Naira: Nigeria’s strategic blunder
By Emeka Chiakwelu www.Afripol.Org Strategist@afripol.org Nigeria has so far achieved theoretical quantitative macroeconomic fundamentals, but a lot needs to be done particularly on stabilizing her bearish Naira currency. Although Naira is relatively stable, it is weak and soft when you compare it to other major currencies like dollar and euro. Presently Nigeria is having one of […]
Vigilance Urged on Asian Inflation
Asian central banks are being urged to stay vigilant on the medium term threat of inflation as they are locked in a prolonged period of loose monetary policy. This week, Indonesia reported 7.3% inflation in April, its lowest level since December 2007, and South Korea announced a 3.6% inflation rate for last month a 14-month […]
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