Dilemma X

African American owned bank taken over by Indian American owned bank Seaway Bank and Trust was closed on January 27, 2017, by the Illinois Department of Financial and Professional Regulation, Division of Banking, and the Federal Deposit Insurance Corporation was appointed as receiver. BUSINESS WIRE DALLAS, TX- State Bank of Texas (SBT)—a $740-million asset bank […]

Update: February 14, 2017 Angola displaces Nigeria to become Africa’s top oil producer – OPEC Angola has taken over from Nigeria as Africa’s top oil producer, according to a report by the Organization of Petroleum-Exporting Countries (OPEC). OPEC’s Monthly Oil Market Report (MOMR) released on Monday disclosed that Angola’s current production was at 1.651 million […]

Africa: Angola’s President Jose Eduardo dos Santos says he will not run for re-election after 38 years Angola had been the largest oil producer in Africa. OPEC figures show that Nigeria is regaining its status as Africa’s top oil producer. Al Jazeera Angolan President Jose Eduardo dos Santos, Africa’s second-longest serving leader, has confirmed he […]

H.R.40 – Commission to Study and Develop Reparation Proposals for African-Americans Act 115th Congress (2017-2018) Sponsor: Rep. Conyers, John, Jr. [D-MI-13] Introduced January 03, 2017 Committees: House – Judiciary Latest Action: January 12, 2017 Referred to the Subcommittee on the Constitution and Civil Justice. Action By: House Judiciary January 03, 2017 Referred to the House […]

Africa: Equatorial Guinea makes bid to join OPEC Equatorial Guinea is the third largest oil and gas producer in sub-Saharan Africa Africa Oil and Power Equatorial Guinea wants to join OPEC. On Friday, Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, met with officials in Vienna to submit his country’s interest […]

Miami: Brightline high-speed express train unveiled Costing more than $3 billion, the privately-funded high-speed Brightline passenger service unveiled its first train in West Palm Beach, Florida. Two diesel engines and four passenger cars arrived in the Miami-Ft. Lauderdale area after from the Siemens plant in Sacramento, California. The trains have 240 seats. There will be […]

Beipanjiang Bridge: World’s highest bridge opens to traffic in southwest China China is also home to the second and third highest bridges – the Sidu River Bridge and the Puli Bridge, respectively CCTV Guizhou province in southwest China is already home to seven of the 10 highest bridges in the country. And the Beipanjiang Bidge, […]

Ethiopia: The tallest dam in Africa opens Gibe-III hydroelectric dam on Omo River EIRNS ADDIS ABABA On December 17 Ethiopia inaugurated Gibe III, the biggest hydroelectric dam in the country with an installed capacity of 1,870 Megawatts, virtually doubling the country’s electricity capacity. Located on the Omo River, it is the tallest of its kind […]

How will the American Talent Initiative impact enrollments at Historically Black Colleges and Universities? Only one institution, Spelman College (a women’s only college) is a founding member of the American Talent Initiative. Howard University, Tuskegee University, Hampton University, Morehouse College (a men’s only college), North Carolina A&T State University, Florida A&M University, Jackson State University, […]

U.S. Transportation Secretary releases Ladders of Opportunity Transportation Empowerment Pilot LadderSTEP 2015-2016| December 2016 Report Atlanta, Baltimore, Baton Rouge; Charlotte, Indianapolis, Phoenix, and Richmond U.S. Department of Transportation WASHINGTON – U.S. Transportation Secretary Anthony Foxx announced the release of the Ladders of Opportunity Transportation Empowerment Pilot LadderSTEP 2015-2016 Report highlighting the progress of seven cities […]