The news out of Nigeria, an oil producing nation, is that the court has ordered the seizure of a luxury apartment block owned by a former Minister of Petroleum Resources bought for US$37.5 allegedly from ill-gotten gains. This is in addition to a lawsuit filed by the U.S. Department of Justice seeking to recover US$144 million of assets, including an US$80 million yacht owned by two Nigerian businessmen who allegedly bribed the Minister to gain lucrative oil contracts.
The Chicago Sun-Times carried an interesting editorial recently in which it highlighted the findings contained in a major draft new scientific report on climate change. This report, which was ordered by U.S. Congress and endorsed by the National Academy of Sciences, noted that the world is already experiencing higher temperatures and bigger storms and that climate change is no longer an issue relating to the future but to the present. The editorial bemoans the Trump Administration’s efforts to actively promote deregulation, especially of the coal industry, thereby allowing more carbon dioxide to be released into the environment. The Head of the U.S.
