WCW to Launch on Saturday

first_imgCome Saturday, May 28 at Club Gossip, the winners of the Liberia Music Contest (LMC), STUNNA and A-Raw, will be launching their first/debut single, “Women Crush Wednesday” or WCW, the song that won the LMC. The song, which is now on sale on ITune, has been rated as a true club banger with a catchy colloqua flow that can put anyone in session mode. But the youngsters are about business.“We believe that music is about business, so we don’t just want to make music without profit,” STUNNA explained in an interview highlighting problems local artists have faced.“We decided to come out with this show so that we can know our strength and market ourselves to the public. But we cannot do that by just releasing the song for free; we need money to keep our new found celebrity status,” STUNNA added.Still on the show, he said much cannot be said about their performance, but that it will be definitely great and worth the money paid for it. Junda Morris-Kennedy described the artists as “rising stars that give a breath of fresh air to the kind of amazing untapped talent on the rise in the Liberian Music Industry.”Africa’s leading music online distributor Africori and JMK, publicist of Junda Morris- Kennedy, organized the contest. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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No more stashed cash for Greeks

first_imgThe tide has turned for one of the most persisting narratives of the Greek crisis. For most of the past eight years, it was largely assumed that Greek people have been stashing their savings in their homes, for fear of Grexit at first and then as a result of the capital controls and it turns out that part of it may be true.This is at least implied by a continuous increase in bank deposits. According to Bank of Greece data, for the 10th straight month, term deposits rose in April, and increased by over three billion euros in the 10-month period. At the same time, there was an increase in deposits in current accounts, albeit to a lesser degree, as they rose by 1.78bn euros.This increase is believed to be due to the influx of new capital; the greatest part of last year’s increase had come to the banks from the liquidation of investments in mutual funds abroad, which were made in the sixth-month period prior to the imposition of capital controls, in June, 2015 and have been brought back to Greece by December 2017.As for the recent new deposits, they are believed to mostly come from cash placed in bank safety deposit boxes or stashed elsewhere. Facebook Twitter: @NeosKosmos Instagramlast_img read more

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