Donald Trump Defends Obama's Tears During Gun Violence Press Conference!

Hosts at Fox News appeared to initially doubted Obama’s emotion, when the president cried while talking about children who died in Newtown Connecticut and Chicago due to gun violence. This was indicated in host Andrea Tantaros's statement after the press conference.“I would check that podium for like a raw onion,”. He said. 

But Republican Presidential Candidate, Donald Trump told the hosts of Fox & Friendson on Wednesday that the emotion Obama showed during a press conference about gun deaths was “sincere.” 

"I actually think he was sincere,

“I’ll probably go down about five points in the polls for saying that, but I think he was sincere.” 

“It’s a thing that he feels — I think he’s incorrect about it, you know, taking chunks and chunks out of the Second Amendment — but, you know, I think he probably means well.” Trump replied.

IMF Boss Impressed With Nigerian Government’s Response To Challenge Of Sustained, Low Oil Prices!

Managing Director of the International Monetary Fund (IMF), Christine Lagarde, in a handshake with Nigeria's President Muhammadu Buhari, while Vice President Yemi Osinbajo and Minister of Power, Works and Housing Babatunde Fashola looks on. 

Lagarde is currently on a visit to Nigeria and Cameroon  to engage with policy makers and other stakeholders in both countries and from the region and to underline the IMF’s strong relationship with its African member countries.

The IMF boss appeared impressed with the outcome of the visit as she tweets "Impressed with government’s response to challenge of sustained, low oil prices".

"Donald Trump Reminds Me Of The Kim Kardashian Of Politics." - Fiorina!

Former NBC's "The Apprentice" star, and Republican presidential candidate Carly Fiorina, while discussing the cover of the February issues of Esquire that refers to  Donald Trump as the "hater in chief" on Tuesday, 5th January, said  Donald Trump reminds her of the Kim Kardashian of politics." 

Fiorina who was on Fox News Channel’s “Fox & Friends,” when she was asked about Donald Trump’s popularity and if he was “emblematic” of the anger in the country acknowledged the presence of anger, she however dismissed Trump as a serious candidate. 

“Look, I don’t exactly think Esquire is an authority, but there is no doubt: Donald Trump is an extremely divisive candidate. That’s why he cannot win. That is why he cannot be our nominee," the former CEO of Hewlett-Packard said during an interview on "Fox and Friends." 

"But honestly, Donald Trump reminds me of the Kim Kardashian of politics."

Both public figures, she said, are "famous for being famous, and the media plays along." Fiorina said.

Chinese Weak Factory Data, Saudi Arabia/ Iranian War Causes World's Richest Men To Lose In Global Sell-Off!

Microsoft Corp co - founder, Bill Gates, was among the world’s five richest people who on Monday, 4th January, 2015, suffered losses in a global stock selloff sparked by weak factory data in China and a flareup in tensions between Saudi Arabia and Iran.

With a current net worth of $56 billion, after losing $3.7 billion as the world’s largest online retailer fell 5.8 percent, Amazon .com Inc. founder Jeff Bezos led decliners on the Bloomberg Billionaires Index in the first trading day of 2016.

Amancio Ortega dropped from $2.5 billion to $70.4 billion the biggest fashion retailer, Inditex SA, fell 3.5 percent. 

Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett, Mexico’s Carlos Slim and Microsoft Corp. co-founder Bill Gates, the richest person on the planet, lost a combined $2.5 billion.

Despite the huge loses, the biggest gainer was Carl Icahn, an activist investor whose net worth climbed $210.4 million to $20.1 billion. 

Iranian Oil Fields Set To Bounce Back Into Full Production!

The world over, oil traders anticipate the return of Iranian oil, the futures market is already lowering its expectations for prices in 2016.

The fate of the oil market in 2016 depends in large part on a series of oil fields like Ahwaz, Gachsaran, Bibi Hakimeh, and Darkhovin. All of them are pumping crude buried thousands of feet under the hills of the Zagros mountain range in western Iran.

Bloomberg's report showed that Iran's return to the oil market comes as the world is producing more oil than it needs.  This supports International Energy Agency (IEA), data which revealed that global oil production in the first half of 2015 averaged 95.7 million barrels a day, while average daily consumption came in at only 93.8 million barrels. 

Since mid-2012 Iranian fields have been producing far below their capacity because of U.S. and European sanctions limiting Iranian oil exports. 

Weeks before the first international oil conference held in years in Tehran - the capital and largest city in Iran and Tehran Province, in September 2015, Iran Oil Minister Bijan Namdar Zanganeh said “Immediately after lifting sanctions, it’s our right to return to the level of production we historically had,”.

Now that Tehran has reached a deal with the Western powers to resolve the dispute over the country’s nuclear program, Iranian engineers are working to bring the fields back to full production.

Nicki Minaj Debunks Bleaching Her Skin!

Nicki in a twit shared with her fans debunks rumors that she bleached her skin.

Ruins Of The Address Downtown's New-Year Eve Fire Outbreak!

Inside ruins of the fire out break in which about 16 people were slightly injured at the Address Downtown hotels and residences in Dubai, at about 17:30 GMT on Thursday, 31st December, 2015.