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Showing posts from June, 2016

Does A Dozen of Egg Actually Cost $150 in Venezuela?

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A cashier counts bolivars at a money exchange in Caracas, Venezuela. | Photo: Reuters
__________________________________________________________________________ International media outlets are continuing to misreport the economic crisis in Venezuela and the effect of high inflation on the cost of living. OPINION:
Economic Policy Could Determine Venezuela's Political Results On Tuesday, the Los Angeles Times published a story claiming that, "It costs US$150 to buy a dozen eggs in Venezuela right now." The newspaper backs up that claim by using an exchange rate of 10 bolivars for one U.S. dollar, according to which a woman in Caracas who buys a carton of eggs from a street vendor for around 1,500 bolivars is paying “a staggering US$150 at the official exchange rate." But the article uses wrong exchange rate for the example. In Venezuela, companies that import basic goods pay an exchange rate of 10 bolivars per dollar—a subsidy meant to encourage a steady supply for thos…

50 Countries Most at risk of Cyberattacks - See Nigeria's position...

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Belgium tops the list as the country with the highest exposure risk, followed by Tajikstan, Samoa, Australia, and China. Nigeria is at No 28 while Vietnam takes the last spot.
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Despite the ever-growing threat of cyberattacks, many countries continue to rely on insecure internet services, a new study has revealed. Security firm Rapid7 scanned the internet to determine the overall exposure of individual nations around the world, visualizing the findings in a ‘heat map.’ Belgium tops the list as the country with the highest exposure risk, followed by Tajikstan, Samoa, Australia, and China.

They plotted the data on a ‘heat map,’ with each colour-coded pixel representing 254 IP addresses. ‘The black areas mean we received no signal at all, the darker blue areas mean we picked up a few nodes and the yellow areas means we picked up many or mos…

#IbizaWithHeineken: Darey Art Alade, Stephanie Coker, UCL fans storm Amsterdam

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DareyArt Alade and Stephanie Coker joined other football fans in Amsterdam, Netherlands in preparation for the UEFA Champions League final on Saturday 28 May. The Nigerian troupe – who landed at the Schipol Airport, Amsterdam, joined the Heineken UCL Final party in Ibiza, the party capital of the world. Anita Brows, the celebrity make-up artist was also part of the fun-filled trip. Read full details on Ynaija
More pics after the cut..