Imperialism, the Highest Stage of Capitalism, Lenin defined the five “basic features” of imperialism:
(1) the concentration of production and capital developed to such a high stage that it created monopolies which play a decisive role in economic life; (2) the merging of banking capital with industrial capital, and the creation, on the basis of this “finance capital,” of a financial oligarchy; (3) the export of capital as distinguished from the export of commodities acquires exceptional importance; (4) the formation of international monopolist capitalist associations which share the world among themselves, and (5) the territorial division of the whole world among the biggest capitalist powers is completed.
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Who then is Dr. Chidia?
Dr Chidia is an Asaga Ohafia born erudite medical practitioner, politician, public officer, creative economist and a public affairs analyst.
He had his primary and secondary education at St. Thomas Anglican Primary School, Umuoso Nsulu and Sacred Heart Secondary School, Aba respectively. After he obtained his O-level General Certificate of Education (GCE) at the Birch Freeman High School, Lagos in 1973 then proceeded to Kwara College of Technology where he obtained his Cambridge A –Level in 1975. With his brilliant academic performance that year, all existing Nigerian university colleges of medicine at that time offered him admission to study medicine, while he finally settled to study medicine at University of Ibadan Medical School, UCH .
Sinopec, CNPC expect profit boost in first half on economic rebound By ZHENG XIN | China Daily | Updated: 2021-07-03 10:55 Share CLOSE Sinopec employees check gas storage facilities in Puyang, Henan province. [Photo by Tong Jiang/For China Daily]
China s two biggest energy companies, China National Petroleum Corp and China Petroleum and Chemical Corp, expect a large increase in their profits for the first half on the back of an economic rebound from the COVID-19 pandemic and the rapid recovery of the petrochemical products market in the country.
CNPC, the country s largest oil and gas company, estimated its net profit to reach 45 billion yuan ($6.9 billion) to 60 billion yuan during the first half, after it posted a net loss of around 30 billion yuan during the same period last year, the company said on Thursday.
Seychelles eyes high-end tourism boost as Austrian Airlines begins non-stop weekly service eturbonews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eturbonews.com Daily Mail and Mail on Sunday newspapers.