ECONOMIC AND FINANCE REPORT

New article posted below titled, “NIGERIADECIDES: BABA MUHAMMADU BUHARI REELECTED AS NIGERIA’S PREZ.” 1) The takeover of Time Warner by AT&T, an $81 billion dollar acquisition, has been cleared by…

By: Economic & Finance Report President Muhammadu Buhari has won reelection for the presidency of the Federal Republic of Nigeria. He won with over 3.9 million popular votes. President Buhari…

1) Venezuela has 1,700,000% inflation rate, its money now so worthless that the people are now using the Columbia Peso to do business such as paying for labor and buying…

1) British farmers and produce workers divided over how Brexit could effect trade. Produce imports comes mostly from European Union and many of the produce workers in Britain are foreign.…

1) Germany’s business outlook falters amid Brexit concerns of potential US tariffs, especially on their car exports in addition to uncertainty of the German people. Germany has the largest European…

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1) The worlds largest container shipper, Danish international shipping company Maersk who’s business activities is an indicator of international trade, indicates a trade slowdown. Their revenues are down which is…

1) The Swiss bank UBS has been fined $4.2 billion dollars for money laundering. The bank had created a sophisticated system, including special computer software, that allowed the bank to…

1) PMI readings released for America, Japan and the Eurozone indicate a slowing down. This is a result of international tensions, with America having a one in four chance of…

1) Saudi Arabia has invested $20 billion dollars in Pakistan, including $10 billion dollars for an oil refinery. 2) Seven members of the British parliament have resigned over Brexit. They…