February 2019

  • Nicolás Maduro has issued a thinly veiled threat to the young opposition leader trying to force him from power, hinting that Juan Guaidó could soon be imprisoned as a result of his challenge. Addressing a meeting of supporters on Monday night, Maduro questioned how long Guaidó – who declared himself Venezuela’s rightful interim president on 23 January –…

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  •   Adams Oshiomhole, National Chairman of the All Progressives Congress (APC), says Peter Obi, presidential running mate of the Peoples Democratic Party (PDP), is fascinated by China due to the stocking of his multi-billion-naira shopping mall, Next, with China-made goods. Image: Peter Obi Obi is known to regularly reference China when discussing the industrial and infrastructural…

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  • To estimate the effect of Brexit on the UK’s trade and living standards, we use a modern quantitative trade model of the global economy. Quantitative trade models incorporate the channels through which trade affects consumers, firms and workers, and provide a mapping from trade data to welfare. The model provides numbers for how much real incomes change under…

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  • The Spring Festival is also gaining popularity in the U.S. despite the anti-China sentiment orchestrated by a few hawkish populist politicians in the U.S. in recent years. The celebration of the festival has been around in the U.S. for more than two centuries since the arrival of the first wave of Chinese immigrants as railroad…

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  • The outcome of the British referendum on European Union (EU) membership has sent shockwaves across the globe that are still reverberating. Politically, the two major political forces in Westminster, the Conservative and Labour parties, are in disarray about how to shape UK’s ongoing relationship with the EU once the exit process is completed. According to…

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  • Stephen Biegun, the U.S. special representative for the Democratic People’s Republic of Korea (DPRK) policy, met with Chung Eui-yong, top national security adviser for Republic of Korea’s (ROK’s) President Moon Jae-in, on Monday according to the presidential Blue House. Chung and Biegun met for about an hour from 4 p.m. local time (0700 GMT) at…

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  • At least twelve people were killed and several others injured in a car bombing on Monday at a shopping mall in Hamarwayne district, a district in the Somali capital, Mogadishu, police and witnesses said. Police officer Mohamed Abdulle said the car bomb was detonated at the entrance of the mall near the headquarters of the…

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  •   Eight European nations joined the U.S. in recognizing opposition leader Juan Guaido as Venezuela’s interim president on Monday. Image: Juan Guaido The UK, France, Spain, Portugal, Sweden, Denmark, Austria and Germany’s coordinated move came after the expiry of an eight-day deadline set last weekend for Maduro to call a new election. “Nicolas Maduro has…

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  • Chinese Vice Premier Liu He arrived in Washington D.C. on Monday afternoon for the upcoming high-level economic and trade consultations with the U.S., media reports confirm. Liu, also a member of the Political Bureau of the Communist Party of China Central Committee and chief of the Chinese side of the China-U.S. comprehensive economic dialogue, leads…

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  • The most important Chinese holiday in the lunar calendar is Spring Festival. The entire festival lasts about 23 days, typically debuting on the last Lunar calendar month December 23 and ending on January 15, the first month of the New Year in the Lunar calendar. Just like a beautiful long-lasting piece of ceremonial music, Spring Festival…

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  • For many reasons, consumer behavior is crucial in business management. From the marketing perspective, a good understanding of consumer behavior is required for effective business analysis and forecast that correctly identifies why consumers prefer a particular product, service or brand in a highly competitive market. According to Antonides and Van Raaij (1998), consumers’ purchasing habits are…

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  •   Elle Macpherson has to get a “solid seven hours” of sleep a night. The 54-year-old model believes getting a good night’s rest improves her complexion as it increases the body’s metabolic rate which encourages skin cells to repair themselves and insisted that any sun damage or “toxic overload” from late nights can be helped…

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  •   Demi Lovato has left Twitter for good. Image: Demi Lovato The ‘Confident’ singer deactivated her account on the microblogging site on Sunday after a joke about the Super Bowl and rapper 21 Savage – who has been arrested by ICE (Immigration and Customs Enforcement) for reportedly overstaying his visa and now faces deportation –…

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  • What’s the link between Porter’s 5 Forces Model and SWOT? SWOT is one of the most commonly used businesses tool. Both the analyses in discussion can portray the strengths and weakness of your business. However, there are some major distinctions. The level of specificity, competition and time orientation are some of the striking differences. SWOT (an…

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  • India has made a diplomatic protest to the US after 129 Indian students were arrested for enrolling in a fake university. The University of Farmington, advertised as based in Michigan state, was run by undercover agents from the Department of Homeland Security to expose “pay-to-stay” immigration fraud. Prosecutors say those who enrolled knew that the…

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  •   Wreckage from the plane which disappeared with Cardiff City’s Emiliano Sala and pilot on board has been found in the English Channel. Image shows Emiliano Sala and his pilot David Ibbotson It follows a search by two ships off Guernsey on Sunday. David Mearns, on behalf of the footballer’s family, confirmed the wreckage was…

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