Dubai’s Ruler Reveals Plan for $1.5-B Food Park

Dubai’s Ruler Reveals Plan for $1.5-B Food Park

Dubai’s Ruler Reveals Plan for $1.5-B Food Park The wholesale food hub  will be located in Dubai Wholesale City Sheikh Mohammed bin Rashid Al Maktoum, the UAE’s Vice President and Prime Minister and Dubai’s Ruler has unveiled the blueprint for the $1.5-B Dubai Food Park (DFP). Spread across over 48-M sqf within Dubai Wholesale City, the […]

California, Its Quest to Legalize Recreational Marijuana

California, Its Quest to Legalize Recreational Marijuana

California, Its Quest to Legalize Recreational Marijuana California’s state capital region could reap 20,000 jobs and generate $4.2-B in business if it becomes a hub for a legalized marijuana industry, a study released Monday showed. The report from the University of the Pacific in Stockton was commissioned by the cannabis investment company Truth Enterprises, just […]

Tuesday Technical Outlook for Crude Oil (USO)

Tuesday Technical Outlook for Crude Oil (USO)

Tuesday Technical Outlook for Crude Oil (USO) $USO After Friday’s choppy session, WTI Crude Oil futures finished lower Monday, pulling back from 5 month highs marked last week. West Texas Intermediate Crude Oil settled at 42.64 on the NYMEX, -1.09, or 2.5% on the day capping a 4 day winning streak. Investors assessed the potential […]

US RMB Yuan Trading, Clearing Advocates Rally the Need

US RMB Yuan Trading, Clearing Advocates Rally the Need

US RMB Yuan Trading, Clearing Advocates Rally the Need The US market’s USD-centric approach is changing with the RMB Yuan becoming more internationalized. The heads of a US working group formed to push use of the Chinese currency in the United States claim that expanding RMB trading and clearing there will help both the Chinese […]

Nigeria And China Firms To Develope A Cocoa Hub

Nigeria And China Firms To  Develope A Cocoa Hub

Nigeria And China Firms To Develope A Cocoa Hub The southwest Nigeria’s state of Osun Thursday said it has partner a Chinese firm to transform the state into a Hub of Cocoa production. State governor Rauf Aregbesola made the remarks in Ede town during a facility tour of the resuscitated Cocoa Production Industry in partnership […]