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Starchy carbohydrates should make up just over a third of the food you eat. They include potatoes, bread, rice, pasta and cereals.
Cardiovascular disease is the world's biggest killer.
Due diligence is an investigation, audit, or review performed to confirm facts or details of a matter under consideration. In the financial world, due diligence requires an examination of financial records before entering into a proposed transaction with another party.Securities dealers and brokers became responsible for fully disclosing material information about the instruments they were selling. Failing to disclose this information to potential investors made dealers and brokers liable for criminal prosecution.The writers of the act recognized that requiring full disclosure left dealers and brokers vulnerable to unfair prosecution for failing to disclose a material fact they did not possess or could not have known at the time of sale.
Did you know Honey helps fight diabetes?
A credit default swap is a financial derivative that allows an investor to swap or offset his or her credit risk with that of another investor. For example, if a lender is worried that a borrower is going to default on a loan, the lender could use a CDS to offset or swap that risk.To swap the risk of default, the lender buys a CDS from another investor who agrees to reimburse the lender in the case the borrower defaults. Most CDS contracts are maintained via an ongoing premium payment similar to the regular premiums due on an insurance policy.Credit default swaps, or CDS, are credit derivative contracts that enable investors to swap credit risk on a company, country, or other entity with another counterparty.Credit default swaps are the most common type of OTC credit derivatives and are often used to transfer credit exposure on fixed income products in order to hedge risk.Credit default swaps are customized between the two counterparties involved, which makes them opaque, illiquid, and hard to track for regulators.
The coefficient of variation is a statistical measure of the dispersion of data points in a data series around the mean. The coefficient of variation represents the ratio of the standard deviation to the mean, and it is a useful statistic for comparing the degree of variation from one data series to another, even if the means are drastically different from one another.The coefficient of variation shows the extent of variability of data in a sample in relation to the mean of the population. In finance, the coefficient of variation allows investors to determine how much volatility, or risk, is assumed in comparison to the amount of return expected from investments. Ideally, if the coefficient of variation formula should result in a lower ratio of the standard deviation to mean return, then the better the risk-return trade-off. Note that if the expected return in the denominator is negative or zero, the coefficient of variation could be misleading.
Here are five foods that can intensify period symptoms
The average true range Is a technical analysis indicator, introduced by market technician J. Welles Wilder Jr. in his book New Concepts in Technical Trading Systems, that measures market volatility by decomposing the entire range of an asset price for that period.1The true range indicator is taken as the greatest of the following: current high less the current low; the absolute value of the current high less the previous close; and the absolute value of the current low less the previous close. The ATR is then a moving average, generally using 14 days, of the true ranges.
The applicable federal rate is the minimum interest rate that the Internal Revenue Service (IRS) allows for private loans. Each month the IRS publishes a set of interest rates that the agency considers the minimum market rate for loans. Any interest rate that is less than the AFR would have tax implications. The IRS publishes these rates in accordance with Section 1274(d) of the Internal Revenue Code.The AFR is used by the IRS as a point of comparison versus the interest on loans between related parties, such as family members. If you were giving a loan to a family member, you would need to be sure that the interest rate charged is equal to or higher than the minimum applicable federal rate.The IRS publishes three AFRs: short-term, mid-term, and long-term. Short-term AFR rates are determined from the one-month average of the market yields from marketable obligations, such as U.S. government T-bills with maturities of three years or less. Mid-term AFR rates are from obligations of maturities of more than three and up to nine years. Long-term AFR rates are from bonds with maturities of more than nine years.
Deliberate internet blockages across sub-Saharan Africa resulted in $1.9bn in losses last year - eight times more than in 2020. Top10VPN says Nigeria was by far the worst-hit African country losing nearly $1.5bn, second globally to politically troubled Myanmar, which lost about $2.8bn. Top10VPN's report came as Nigeria lifted a ban on Twitter that had lasted for seven months, though many people circumvented it by using VPNs. Ethiopia was the second-most affected country in Africa has lost around $164m, followed by Sudan at almost $152m and Uganda at more than $109m, according to the report.
Demonetization is the act of stripping a currency unit of its status as legal tender. It occurs whenever there is a change in national currency. The current form or forms of money is pulled from circulation and retired, often to be replaced with new notes or coins. Sometimes, a country completely replaces the old currency with a new currency.Removing the legal tender status of a unit of currency is a drastic intervention into an economy because it directly affects the medium of exchange used in all economic transactions. It can help stabilize existing problems, or it can cause chaos in an economy, especially if undertaken suddenly or without warning.
The Norwegian Nobel Committee has joined international voices calling on Ethiopia's prime minister to end the country's 14-month-long civil war. They said Abiy Ahmed who won the Nobel Peace Prize in 2019 has a special responsibility to see an end to the bloodshed. Mr Abiy's spokesperson Billene Seyoum had previously said that the Nobel Peace Prize was not a shackle for inaction when the country is threatened. The calls from the Committee are expected to increase the pressure to find a peaceful resolution for the war.
The Minister of Information and Culture, Lai Mohammed, has called for the implementation of the various MoUs between Nigeria and Namibia, especially in the areas of culture and tourism, to ensure that they translate into economic benefits for the two countries. He observed that the bilateral cooperation between the two nations, which dates back to 1992 on the platform of the 1st Nigeria-Namibia Joint Commission, expired without implementation, and expressed the hope that the MoUs will be revived for implementation this time around.
Rwanda has lifted a ban on concerts under its new coronavirus regulations. The cabinet has resolved that concert organisers will seek permission 10 days before the event. The concert tickets will be sold online and the recommended capacity is 50% for indoor venues and 75% for outdoor. Those attending concerts must show proof of vaccination. Theatres and cinema halls have also been allowed to reopen with 50% capacity.
A UNICEF official disclosed that Poorer nations last month rejected more than 100 million doses of COVID-19 vaccines distributed by the global programme COVAX, mainly due to their rapid expiry date.The big figure showed the difficulties of vaccinating the world despite growing supplies of shots, with COVAX getting closer to delivering one billion doses to a total of nearly 150 countries. The Director of Supply Division at UN agency, UNICEF, Etleva Kadil told lawmakers at the European Parliament that more than 100 million have been rejected just in December alone adding that the main reason for rejection was the delivery of doses with a short shelf-life.
The federal government warned that it would not condone any act of abuse and mishandling of equipment and facilities provided to tackle security threats in the country. The president expressed optimism that the Inspector-General of Police and his management team, would commit officers and men of the Nigerian Police to reciprocate the government's efforts through judicious and effective use of the facilities for improvement of Nigerian security architecture. Buhari tasked officers and men of the Nigeria Police Force to continue to show commitment in the discharge of their duties and to adopt a holistic internal security mechanism in the country.
The federal government has warned the reconstituted governing board of the Economic and Financial Crimes Commission against being involved in corruption. The Secretary to the Government of the Federation, Mr Boss Mustapha urged the members to carry out their duty with responsibility, saying the federal government would not hesitate to sanction all infractions. The SGF also decried the effects of financial crimes on the image of the country, saying it had prevented the country from attracting foreign investments.
Rivers State Governor Nyesom Wike inspected two illegal refining sites recently discovered in Ikwerre and Emohua local government areas by the council chairmen. The Governor ordered the arrest of those sponsoring the operation of the illegal refineries in the state, some of whom are said to be prominent businessmen in the state. Wike urged the police to go after the culprits and directed the State Attorney-General, Professor Zacchaeus Adangor to take over the files of those arrested far from the police for state prosection. He also demanded the redeployment of a divisional police officer said to be involved in the illegal activities in Emohua local government area.
The Klinger Oscillator was developed by Stephen Klinger to determine the long-term trend of money flow while remaining sensitive enough to detect short-term fluctuations. The indicator compares the volume flowing through securities with the security's price movements and then converts the result into an oscillator. The Klinger oscillator shows the difference between two moving averages which are based on more than price. Traders watch for divergence on the indicator to signal potential price reversals. Like other oscillators, a signal line can be added to provide additional trade signals.Traders will use tools such as trendlines, moving averages, and other indicators to confirm trade signals. In addition, traders may use the oscillator in conjunction with chart patterns, such as price channels or triangles, as a way to confirm a breakout or breakdown. Crossovers occur frequently, as do divergences, so the indicator is best used in conjunction with these other technical trading methods.
Taiwan's parliament has passed an extra spending bill of $8.6bn, in the latest bid to boost defence capabilities against growing military threats from China. Lawmakers agreed unanimously to pass the special budget, which comes on top of a record annual defence budget of about $17bn set for 2022. The government says the additional resources are aimed at acquiring precision missiles and mass-manufacture high-efficiency naval ships in the shortest period of time to boost the island's sea and air capabilities. The budget includes a coastal anti-ship missiles system, a locally developed Wan Chien cruise missile as well as an attack drone system and the installation of combat systems on coastguard ships.
Experts say that an alleged hybrid coronavirus mutation dubbed Deltacron reportedly discovered in a Cyprus lab is most likely the result of lab contamination and not a new worrying variant. Cypriot media reported the discovery describing it as having the genetic background of the Delta variant along with some of the mutations of Omicron. Jeffrey Barrett, the head of the Covid-19 Genomics Initiative at Britain's Wellcome Sanger Institute, says the alleged mutations are located on a part of the genome that is vulnerable to an error in certain sequencing procedures. He says this is almost certainly not a biological recombinant of the Delta and Omicron lineages.
The United Nations says it needed nearly $5bn in aid for Afghanistan in 2022, as the global body launched its largest-ever humanitarian appeal for a single country to avert a humanitarian catastrophe. The UN humanitarian agency says $4.4bn was needed within Afghanistan, while a further $623m was required to support the millions of Afghans sheltering beyond its borders. UN Humanitarian Affairs and Emergency Relief Coordinator Martin Griffiths say a full-blown humanitarian catastrophe looms and don't shut the door on the people of Afghanistan.
Cross-border humanitarian aid to northwest Syria has been extended de facto for six months without a new vote at the United Nations Security Council. The 15-member body had previously issued an authorisation for six months, allowing aid into rebel-held areas through the use of the Bab al-Hawa crossing at the Turkey-Syria border until January 10, 2022. UN chief Antonio Guterres had stressed the impossibility of replacing at this stage the cross-border mechanism for one that crossed front lines from Damascus, which President Bashar al-Assad ally and permanent Security Council member Russia favours as recognition of the Syrian government's sovereignty over the whole country.
The National Identity Management Commission has assured Nigerians that its servers were not breached but fully optimised at the highest international security levels, as the custodian of the most important national database for Nigeria. The Director-General of NIMC, Engr Aliyu Aziz, says as the custodian of the foundational identity database for Africa's most populous nation, NIMC has gone to great lengths to ensure the nation's database is adequately secured and protected, especially given the spate of cyber-attacks on networks across the world. A hacker identified as Sam claimed that he successfully found a bug on the NIMC server, saying it was easy for him to breach the server and access the personal information of millions of Nigerians.
South Africa's prosecuting authorities have added a charge of terrorism against the man accused of setting the country's parliament alight last week. The suspect is appearing in a Cape Town court to apply for bail. Zandile Mafe was initially charged with two counts of arson, housebreaking and theft. Prosecutors allege that Mr Mafe was found in possession of explosive devices and have charged him under a law aimed at protecting essential infrastructure in the country. Mr Mafe's lawyer, Luvuyo Godla, says that his client is being made a scapegoat and wants him to be released on bail.
Kenya has suspended all inbound and transit passenger flights from the United Arabs Emirates, for seven days. The suspension is effective from Monday this week. Kenya Civil Aviation Authority says this was done to reciprocate a ban on Kenyan passenger flights to UAE. The ban will not affect cargo flights, which will continue with normal operations. KCAA director-general Gilbert Kibe says there was a scheme involving private medical testing centres colluding with travellers to issue fake Covid PCR results to aid their travel to Dubai.
President Muhammadu Buhari has directed that the national flag be flown at half-mast, effective from the 12th to 14th of January, 2022, as a mark of respect for the former Head of State Ernest Adegunle Oladeinde Shonekan, who died on Tuesday, January 11. Chief Ernest Shonekan, who headed the Interim National Government that succeeded the military regime of General Ibrahim Babangida, died on Tuesday at the age of 85. He was the interim head of the Nigerian Government between August 26, 1993, and November 17, 1993, but was ousted in a coup led by late General Sani Abacha.
Nigeria's Amina Mohammed will continue in her role as the Deputy Secretary-General of the United Nations. UN Secretary-General, Antonio Guterres, made the assertion to formalise his prior announcement that the former Minister of the Environment would continue in her role during his second term. The UN scribe set in motion the most ambitious reform in the history of the organisation's development system. The Secretary-General expressed his appreciation for the Deputy Secretary-General's leadership of the United Nations Sustainable Development Group and her determination to reinforce collective results and maximise the impact of the United Nations development's system on the ground
President Muhammadu Buhari endorsed the establishment of the Nigerian Diaspora Investment Trust fund, a private sector investment window through which Nigerians in the diaspora can invest in the country. President Buhari says that Nigeria is open to embracing the diaspora direct investment by compatriots abroad. The President noted that the foreign exchange remittances by Nigerians in the diaspora have not only helped families but enhanced the development index of Nigeria while pledging support for the establishment of the diaspora intervention fund to support the commission to fulfil its mandate.
The United Nations Secretary-General, Mr Antonio Guterres, has condemned the recent attacks that claimed the lives of scores of residents in Zamfara State. He condoled with the families whose loved ones were lost to the attacks. He also called for the arrest and prosecution of the assailants and assured the Nigerian government of the UN's support in the fight against terrorists and other criminals. The Secretary-General urges the Nigerian authorities to spare no effort in bringing those responsible for these heinous crimes to justice.
The correlation coefficient is a statistical measure of the strength of the relationship between the relative movements of two variables. The values range between -1.0 and 1.0. A calculated number is greater than 1.0 or less than -1.0 means that there was an error in the correlation measurement. A correlation of -1.0 shows a perfect negative correlation, while a correlation of 1.0 shows a perfect positive correlation. A correlation of 0.0 shows no linear relationship between the movement of the two variables.Correlation statistics can be used in finance and investing. For example, a correlation coefficient could be calculated to determine the level of correlation between the price of crude oil and the stock price of an oil-producing company, such as Exxon Mobil Corporation. Since oil companies earn greater profits as oil prices rise, the correlation between the two variables is highly positive.
Human rights lawyer and a Senior Advocate of Nigeria, Femi Falana, says that his legal team will establish the ‘massive cover-up' in the controversy trailing the death of Sylvester Oromoni (Jnr). Falana, who is the counsel to the Oromoni family, stated that they are going to establish evidence of a massive cover-up. Falana insisted that the state government did not have a Director of Public Prosecution on January 4 when the report was issued.
Greece has donated about one million doses of the Johnson and Johnson COVID-19 vaccine to Nigeria as the Federal Government moves to ensure more citizens are vaccinated against the disease. A delegation from the European country led by its Minister of Foreign Affairs, Nikolaos Dendias, says Nigeria and Greece have enjoyed a favourable bond over the years and that his country was even willing to expand the relationship. The Greek minister explained that such an expansion would culminate in the signing of Memoranda of Understanding on various issues affecting both countries.
The Economic Community of West African States will impose sanctions on the military junta in Mali, while member states will withdraw all their ambassadors as well as close land and air borders with the country. The Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, stated that after reviewing the situation in Mali at the summit, the sub-regional leaders rejected the transition schedule proposed by the Malian military junta which they said was totally unacceptable. The body also imposed additional sanctions on the junta, including the suspension of all commercial and financial transactions between ECOWAS states and Mali. It, however, exempted some products such as essential consumer goods, pharmaceutical products, as well as medical supplies and equipment, especially materials for electricity and the control of COVID-19.
The Kenyan central bank's Monetary Policy Committee will hold its next rate-setting meeting on Jan. 26. The committee earlier held the benchmark lending rate at 7.0%, citing anchored price increases and early indications of the economy benefiting from an accommodative stance.
Malawi's Attorney General, Thabo Chakaka Nyirenda has issued out a 60-day amnesty to all alleged crooked companies and individuals who have defrauded the public purse in their business dealings or illegally acquired wealth through procurement fraud and corruption to voluntarily pay back the said wealth or face the long arm of the law. The government's chief legal advisor, Chakaka Nyirenda, urged procurement entities in the country to produce copies of contracts with entities owned by or connected with, Mr Zuneith Sattar. The Attorney General has been decided to terminate all the contracts owned by or connected with Zuneith Sattar's business entities with immediate effect.
Somali leaders have agreed to conclude the long-delayed parliamentary and presidential elections by February 25. The spokesman of the prime minister, Mohamed Ibrahim Moalimu, says all involved in the electoral process should respect the rules in order to move forward. He says in order to safeguard the close coordination of the electoral body, the national consultative council calls upon various levels of the poll management agency to respect the rules and regulations as per the existing electoral agreements. He added the council reiterates respect for the 30 per cent quota of seats to be held for women in the ongoing process.
Iran's foreign ministry says the country is still some time away from officially recognising the Taliban as the government of neighbouring Afghanistan after a meeting with the group in Tehran. Iranian Foreign Ministry spokesman Saeed Khatibzadeh says the high-level talks with Taliban representatives were positive but Iran is still not at the point of officially recognising the Taliban. He added that the current condition of Afghanistan is a major concern for the Islamic Republic of Iran and the visit of the Afghan delegation was within the framework of these concerns.
Foreign ministers from Saudi Arabia, Kuwait, Oman and Bahrain along with the Secretary-General of the Gulf Cooperation Council Nayef bin Falah al-Hajrah have arrived in Beijing for a five-day visit. The visit follows a flurry of diplomatic activity by China's foreign minister Wang Yi, including a tour of Africa as well as visits to the Maldives and Sri Lanka. The officials are expected to discuss strengthening energy ties with Beijing. China has sought to bolster its ties with the Gulf states, with President Xi Jinping in 2014 aiming to more than double trade with the region by 2023.
President General Jam'iyyatu Ansariddeen, Nigeria and former Emir of Kano, Sanusi Muhammad Sanusi ll, has advised eligible voters in Nigeria to get their permanent voters' card and ensure that they vote in only the best and competent candidates in all positions in the 2023 general elections. Sanusi urged the group to vote for the best and only competent persons in every position irrespective of the political party or religious affiliations. He commended Governor Yahaya Bello for hosting the conference, and for accepting their request for the provision of land in the state to build an International Islamic Centre to honour Sheikh Muhammad Ibrahim Niass. He stressed the need to continue to promote peace, pray and eschew extremism, saying no matter the difficult situation, Allah was able to see the country through.
Governor of Rivers State, Nyesom Wike, declared 19 individuals wanted for operating illegal crude oil refining sites which are responsible for the black soot menace in Rivers State. The governor directed the Rivers State Head of Service to query Mr Temple Amakiri, a Director in the Ministry of Energy, for abetting bunkering activities and hand him over to the police for investigation and possible prosecution. He assured the people of Rivers State that his government is determined to effectively tackle the soot menace by destroying and closing down all identified illegal crude oil refining sites and activities across the state.
The Nigerian Electricity Regulatory Commission generated approximately N938.5 million from fees collected from importers of generators and other internal revenue sources from June 2020 to June 2021, an analysis of the data for the four quarters provided by the industry regulator, has shown. NERC had in 2013 introduced an N25,000 charge per unit of 100KVA generator imported into the country in its guidelines for obtaining clearance certificate for the importation of generating sets and related matters. It also fixed a charge of N3,500 per unit of between 25kva and 100kva generators imported into the country, while generators between 5kva and 25kva attract a charge of N1,000 per unit. The amount collected by NERC is exclusive of duties and other taxes paid by the importers in the country.
An external audit by an international firm began at the Tunisian Ministry of Public Works. It targets the revision of the certificate of compliance with international quality standards ISO 9001obtained by the department on February 16, 2021. The department says the Tunisian Ministry of Public Works is the first in Africa to obtain international recognition for its system of quality and management of projects and services offered to real estate developers, contractors and engineering firms. Saoussen Hajri, a representative for the MENA region of the French Institute of Standardisation, says the agency has given the certificate to the department, and the officer in charge of the audit operation.
The UN has warned that it will have to suspend operations by its aid agencies if no supplies are allowed into Ethiopia's northern region of Tigray soon. No humanitarian aid has reached the region since mid-December and a spokesperson for the UN chief says the humanitarian situation continues to deteriorate. Stéphane Dujarric, the spokesman for the UN's secretary-general says several UN and non-governmental organisations will be forced to cease operations if humanitarian supplies, fuel and cash are not delivered to Tigray very soon. He says aid agencies were short of cash to buy local supplies and pay local staff and were also running out of fuel to transport aid and staff.
Somali leaders have announced they struck a deal to complete parliamentary elections by February 25, after repeated delays that have threatened the stability of the country. The agreement was reached after several days of talks hosted by Prime Minister Mohamed Hussein Roble with state leaders aimed at ending an impasse over the polls. Roble and Somalia's President Mohamed Abdullahi Mohamed have long been at loggerheads over the long-delayed elections, with fears their squabbling could erupt into violence. The international community has voiced its alarm over the crisis, fearing for the stability of the country as it continues to battle a deadly armed uprising by the al-Shabab armed group.
An Australian judge has reinstated tennis star Novak Djokovic's visa and ruled that he be released from immigration detention. Judge Anthony Kelly ordered that Djokovic be released within 30 minutes and his passport and other travel documents returned to him, rekindling the world number one's chance to win a record 21st Grand Slam title at the upcoming Australian Open. Lawyers for the federal government told the court the country's immigration minister was reserving the right to exercise his personal power to again revoke Djokovic's visa. Judge Kelly noted that Djokovic had provided officials at Melbourne's airport with a medical exemption given him by Tennis Australia, which is organising the tournament, and two medical panels.
Manila's Department of Energy says the Philippines' energy secretary Alfonso Cusi has appealed to Indonesia to lift its coal export ban, saying the policy will be detrimental to economies heavily reliant on the fuel for power generation, The Philippines' move follows similar requests from other Asian governments such as Japan and South Korea. Cusi had asked the foreign affairs department to intercede and appeal on behalf of the Philippines through the Association of Southeast Asian Nations' cooperation mechanism. The ban drove coal prices in China and Australia higher last week, while scores of vessels slated to carry coal to major buyers such as Japan, China, South Korea and India have been in limbo off Kalimantan, home to Indonesia's main coal ports
West African leaders have imposed sanctions on Mali after the country's military government announced a long delay to elections originally planned for next month. The West African regional bloc, Ecowas agreed to close borders with Mali as well as implement a range of economic sanctions. Mali's military government in response says that it was closing its land and air borders with Ecowas and recalling its ambassadors from member states. The junta says it strongly condemned illegal sanctions imposed on the country. Mali's military rulers now say elections could take place in five years - a delay the West African bloc deems unacceptable.