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Headline Reads

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Headline Reads

Three Top Stories from Home and Away

By P.M. Fadden
Associate Editor

WORLD VIEW – Recession rejuvenates Nigerian nightlife
globe-icon-blackProlonged national recession has produced surprising result in the African country of Nigeria. Colloquially known as an all occasions “party nation,” Nigeria is experiencing extreme boosts in online alcohol sales revenue, reports CNN World News.

Merchants report 80% growth trends each of the past two fiscal years along with notable expansion of client lists and delivery area. Online company, Drinks.ng provides deliveries to 28 of Nigeria’s 36 states, excepting embattled northern regions. The company also operates a 24/7 delivery service within the nightlife heartlands of Lagos, supplying parched partygoers at exclusive clubs, corporate events and private parties. Top sellers include Moet and Hennessy at over $100 a bottle while an average wedding event can generate upwards of $20,000 in revenue.

Merchants acknowledge such lofty statistics imply obvious restriction of market segments in a nation where over 60% of the population lives under extreme poverty conditions.

NATIONWIDE – Leader embattled at home and away
united-states-icon-blackDonald Trump, the antagonistic, reality televised President of the United States again makes international and national headlines with dual fronted controversy, reports CNN.

The much publicized Trump challenged conduct of both National Football League as well as players over symbolic gesturing as related to honoring the U.S. National Anthem. Displaying team unity as well as mass protest, players have raised eyebrows by ‘taking a knee’ while the anthem is performed, a move the country’s President deems a sack-able offence.

Abroad, U.S. President Trump and North Korean leader, Kim trade tongue lashings over weapons testing and UN speechmaking.

The Korean nation continues to un-nerve the global community with escalated weapons testing, a national course of action eliciting critical comments from the oft out-spoken President Trump including reference to North Korea’s leader as a ‘madman’. By way of response, Kim has stated that said commentary would be paid for “dearly,” an allusion to North Korea possibly testing a hydrogen bomb over Pacific waters.

FRONTIER FOCUS – PFD vs. Poverty
alaska-icon-blackAccording to new research from University of Alaska Anchorage’s Institute for Social and Economic Research, income from the Permanent Fund Dividend lifts between 15,000 and 25,000 Alaskans above the poverty line each year, an impact is most pronounced in rural parts of the state and among Alaska Natives.

Conversely, research analysis found cutting PFD by $1,000 likely means an additional 12,000 to 15,000 Alaskans living below the poverty line. Said research has begun with intent to answer two in-state questions: what would be the likely effect of reduction or elimination of the PFD on Alaska poverty rates? And who would it impact the most in the state?

Data limitations, however, have proven challenging. In self-reported U.S. census income data, many respondents don’t report PFD income in surveys because of timing and/or question wording. Also census data doesn’t ask about income for children under 15, who can receive dividends in Alaska.

Alaska Dispatch News reports, despite the PFD, poverty rates appear to be rising in Alaska, especially in urban areas. Research noted that a steady influx of about 1,800 immigrants from abroad have arrived in Anchorage every year since 2005. In the years between 2005 and 2009 some 45 percent of them were poor — and not eligible for a PFD for the first year.

What is conclusive from research so far completed is that, without the PFD, more than one in five rural Alaskans live in poverty.

 


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