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In order to stop the further spread of novel coronavirus, governments around the world have taken varying degrees of measures to block some countries and cities. This includes closing borders, closing schools and workplaces, and restricting large gatherings.To get more news about WikiFX, you can visit wikifx news official website.

The unemployment rate is rising.   These restrictions, called the “Great blockade” (Great Lockdown) by the International Monetary Fund(IMF), caused many global economic activities to sink into stagnation and people to lose their jobs. It can be seen that this is a real challenge for the whole world. The worlds largest economy, America, has lost more than 2,600 million jobs in the past five weeks. The United States is not alone in facing rising unemployment. Unemployment has also risen in Australia and South Korea, with some economists warning that the situation could get worse.

Services are the main source of economic growth and employment in many countries, including the United States and China, the world's two largest economies and consumer markets. Even though the retailers such as Amzaon reported growing online sales, the whole online retailing sector has seen a decline.   As novel coronavirus spreads around the world, manufacturers are under pressure again. As more and more countries implement blockade measures, manufacturing enterprises are affected as well. Some factories have been forced to close temporarily, while those that remain open face restrictions on access to the supply of intermediate goods and materials. Most importantly, the decline in demand for goods has exacerbated the challenges facing manufacturers. As a result, factories in countries from US to Europe and Asia have reported a decline in output over the past month. Global trade had slowed in 2019 and is expected to be further dragged down in 2020 by the novel coronavirus pandemic.

The World Trade Organization (WTO) said that in an optimistic scenario, the volume of global trade in goods will fall by 12.9% in 2020 and rebound rapidly by 21.3% in 2021, while in a pessimistic situation, the volume of global trade in goods will decline by 31.9% in 2020 and rebound by 24% in 2021. The WTO said that unlike during the financial crisis, the epidemic has a greater impact on the value chain and trade in services. In the electronics and automotive industries, where the value chain is more complex, trade is likely to fall sharply.

The impact of the novel coronavirus pandemic on economic activities has led many institutions to slash their forecasts for the global economy. The International Monetary Fund (IMF) has received widespread attention for its assessment of the global economy, which estimated a 3 percent global economic shrinkage this year. Only a few economies, such as China and India, are expected to grow in 2020, IMF said. Although the IMF expects economic growth to rebound 5.8 per cent next year, it said that “the recovery is only partial because the level of economic activities is expected to remain lower than what we forecast for 2021 before novel coronavirus' attack”.

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Warren Buffett's Berkshire Hathaway sold the “big four” airline stocks in April, the famed investor revealed at Berkshire Hathaway's annual meeting on Saturday.“It turned out I was wrong,” Buffett said about his decision to invest in them.Berkshire's first-quarter earnings revealed that it sold $6.1 billion in stock in April, and Buffett attributed that figure to its exit from the airlines.Buffett said that carriers could be left with “too many planes” if people fly less than they did before, and they would have to repay some of their recent government loans.Visit Business Insider's homepage for more stories.To get more news about aliforex, you can visit wikifx news official website.

Warren Buffett's Berkshire Hathaway sold the “big four” airline stocks in April, the famed investor revealed at Berkshire Hathaway's annual meeting on Saturday.“It turned out I was wrong,” Buffett said about his decision to invest in the airlines. The companies are well managed and the CEOs “did a lot of things right,” he continued, but “the airline business ... changed in a very major way.”Berkshire's first-quarter earnings revealed that it sold $6.1 billion in stock in April, without detailing what it sold. Buffett attributed that figure to Berkshire's exit from the airlines.Read more: 'Brace for selling': A Wall Street quant strategist warns that stock-market buying power could evaporate just one week from now — opening the floodgates for a 'sell in May' episode

Buffett explained the move by highlighting the airlines' bailout deals with the US government. Their agreements include billions of dollars in loans that they will have to repay, as well as warrants that the Treasury can exercise to acquire their shares at a discount in the future. The warrant part of the deal was inspired by Buffett's bailouts of Goldman Sachs and other companies during the financial crisis.The investor also questioned whether people will fly as much in the next two or three years as they did last year. Even if passenger volumes bounce back to 70% or 80% of their pre-coronavirus levels, he said, the carriers will be left with “too many planes.”“The future is much less clear to me,” Buffett said about the airline business.Read more: Quant megafund AQR explains why investors should be more worried about prolonged slumps than virus-style crashes — and details a 3-part process for protecting against them

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A Societe Generale study of bear markets since 1870 showed that the current bear-market rally is a departure from history. Andrew Lapthorne, the firm's head of quant strategy, concluded that investors are taking an early victory lap for the economy even after accounting for trillions in stimulus spending. He expects the stock market to end the year roughly 7% lower than current levels. Click here for more BI Prime stories.To get more news about WikiFX, you can visit wikifx news official website.

April was the best month for stocks since 1987. But this stand-out performance is not being universally cheered on Wall Street. The S&P 500's 13% ascent last month can be traced back to its bottom on March 23 — the same day the Federal Reserve essentially pledged to do whatever it takes to support the economy during the coronavirus pandemic. Even with this stimulus in action, investors declared an early victory for an economy that must still crawl out of its worst contraction in many decades, according to Andrew Lapthorne, the head of quantitative strategy at Societe Generale.

He drew this conclusion by studying a 150-year history of bear markets, defined as a 20% decline from recent highs. “Beware of the oddity in this bear rally,” Lapthorne said in a recent note to clients.   He added: “With the fallout from the complete shutdown of economic life in terms of disruptions in supply chains and collapse of aggregate demand, as well as the uncertainty on the post-lockdown path to recovery, new market bottoms are possible, although the unprecedented massive policy response could provide the backstop to a worsening case of deflationary spiral.”His study of bear markets since 1870 led him to conclude that the S&P 500 would finish the year at about 2,715, representing a 7% decline from its April close.Both the crash and recovery are abnormalLapthorne's analysis started by including episodes since 1870 when the S&P 500's decline could ostensibly have been rounded up to 20%. One recent example was the late-2018 sell-off that winded up as a 19.6% decline.But because the 2020 drop has been a different beast in terms of its speed, comparing it to every bear market was not empirically ideal.

And so he filtered for severe bear markets, defined as drawdowns of at least 30%, to make them comparable to this one. The roster of 15 meltdowns includes infamous sell-offs like the crash of 1929, Black Monday, and the dotcom bust. He found that on average, the S&P 500 recovered by 4% within a month, 13% within three months, and 27% within a year. The typical trajectory of recoveries is similar even when the Great Depression, often likened to the coronavirus crisis, is included.By comparison, stocks have leapt more than 30% from their bottom in March. The brisk rally of 2020 cannot be divorced from the record amount of government stimulus that flowed into the economy. On this account, Lapthorne said the market's roaring comeback is reasonable.He inserted one more caveat into his analysis: 150 years is perhaps too long a timeframe for analyzing the recent bear market. The forces that drive stocks and the economy have evolved over the last century and a half, and so it's possible to slide into the error of comparing apples with oranges.

For this reason, Lapthorne averaged the three most recent severe crashes — in 1987, 2000, and 2008 — and then compared them to the rest of his timeframe. He still found that the post-crisis recoveries were similar to the preceding episodes, leaving 2020 as the odd one out.Lapthorne's grand conclusion is that history is rife with many examples of bear rallies that give way to even deeper losses. He left clients with three recommendations: stay hedged with defensive assets, beware of momentum stocks that are sensitive to broader market moves, and be well-positioned for a rally in undervalued stocks.

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Nobody claimed $14.6 million Arizona Lottery ticket before it expired The state is reclaiming $14.6 million after a lottery ticket expired on Monday. Get more news about 菲律宾彩票包网服务 ,you can vist loto98.com

The Arizona Lottery said no one ever came forward to claim their multimillion-dollar The Pick jackpot since the June 5 drawing. The winning ticket was sold at the Circle K at Litchfield Road and Van Buren Street in Goodyear. Because the money remained unclaimed, part of the money will instead be split among three state programs, in accordance with state statutes.

Thirty percent of the unclaimed money goes to Court Appointed Special Advocates, a program where volunteers are appointed by a judge to speak on behalf of abused and neglected children in court.Up to $250,000 goes to the Dual Tribal Enrollment Fund, a program that gives thousands of Native American high school students the opportunity to take college courses for both high school and college credit.

Up to $835,000 goes to the Internet Crimes Against Children task force, which helps state and local law enforcers locate, prosecute and imprison suspects accused of sexually exploiting children. The remaining unclaimed money is used to fund prizes for new games as well as several second-chance drawings.

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One lucky person who purchased a Mega Millions ticket in Gautier is holding on to a ticket worth a whopping $2 million!Get more news about 彩票免费包网,you can vist loto98.com

It’s Mississippi’s first multi-million dollar lottery ticket to be sold in the state. The winning ticket matched last night’s Mega Millions drawing of all five white ball winning numbers, which is normally worth $1 million. For an additional dollar, the player purchased the Megaplier game feature that multiplies winnings by 2 to 5 times depending on the number drawn. Last night’s Megaplier number was 2, doubling the prize to $2 million.

The winning Mega Millions numbers from last night’s drawing are: 1, 5, 9, 10, 23 with a Mega Ball of 22 and a Megaplier of 2x. “We are thrilled to announce our first multi-million-dollar lottery winner in Mississippi in just a little over four months since Mega Millions sales began,” said Mississippi Lottery Corporation (MLC) President Tom Shaheen. Shaheen went on to say the lottery retailer that sold the winning ticket is eligible to receive $5,000. The name of the retailer will be released once the lottery completes a series of verification checks at the retailer location. In the meantime, the winner is advised to sign the back of their ticket and keep it in a secure location.

The lottery also recommends the winner may want to consider consulting with legal and financial advisors. The winner has 180 days from the date of the drawing to claim their prize, which must be done at MLC headquarters in Flowood.We’re looking forward to greeting our first Mississippi Lottery millionaire,” Shaheen said. A single ticket sold in Arizona matched all six numbers drawn – the white balls 1, 5, 9, 10 and 23, plus the gold Mega Ball 22. The lucky ticket-holder wins the $414 million jackpot ($319.9 million cash).

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Mega Millions Lottery is one of the biggest lotteries in the U.S. This lottery is conducted in several states of North America. But many state jurisdictions do not participate in this lottery. So residents from those states must purchase a ticket from a lottery jurisdiction. Many state jurisdictions reportedly also allow players to purchase lottery tickets online. The Mega Million Lottery Winning numbers and results will be announced at 11 p.m. ET. Check for the final results in some time. Mega Millions lottery game happens every Tuesday and Friday. The last game took place on June 2, 2020. The jackpot prize during the last Mega Millions lottery was $356 million and the cash option is for $280.5 Million . Now the prize for Friday's lottery is $378 million and the cash option is for $284.4 Million.Get more news about 彩票API,you can vist loto98.com

Mega Millions lottery as mentioned earlier was drawn on Tuesday night i.e. June 2, 2020. The winning numbers were 9, 20, 23, 26, 29 . The Mega Ball was 8. The jackpot prize was $356 million and the cash option is for $280.5 Millio. Nobody won the Mega Millions jackpot lottery on Friday hence the prize for the upcoming lottery on Tuesday ,June 2 2020 at 11 p.m. E.T. has reached $378 million and the cash option is for $284.4 Million How to play Mega Millions game? If you are interested in playing the Mega Millions lottery you need to purchase a ticket from a licensed lottery retailer.

This lottery ticket should be purchased one to two hours before the lottery is drawn. Ticket sales deadlines vary according to jurisdiction. After purchasing the lottery, you need to choose five numbers from one to 70 for the white balls. After choosing five white balls numbers you need to choose one number from one and 25 numbers for the gold Mega Ball. Players have the option of choosing the number themselves or the lottery terminal will select them randomly for the player.

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A se­nior of­fi­cial from the Chi­nese cen­tral bank says that the spread of the novel coro­n­avirus will not have an im­pact on the sched­ule for Chi­na’s open­ing up of its fi­nan­cial sec­tor. To get more China finance news, you can visit shine news official website.

“Ex­pan­sion of the fi­nan­cial sec­tor’s ex­ter­nal open­ing is the pol­icy di­rec­tion that China main­tains over the long-term,” wrote Peo­ple’s Bank of China (PBOC) deputy-gov­er­nor Chen Yulu in an es­say pub­lished by China Fi­nance. “The grand gate which has been opened can only open wider, and will not be im­pacted by the dis­ease.” Chen pointed in par­tic­u­lar to ef­forts to trans­form Shang­hai into an in­ter­na­tional fi­nan­cial sec­tor, in or­der to drive the in­te­grated de­vel­op­ment of the Yangtze River Delta re­gion.

The State Coun­cil re­cently gave its ap­proval to the “Opin­ions Con­cern­ing Fur­ther Ac­cel­er­at­ing the Es­tab­lish­ment of Shang­hai as an In­ter­na­tional Fi­nan­cial Cen­tre and Fi­nan­cial Sup­port for the In­te­grated De­vel­op­ment of the Yangtze River Delta” , which was jointly re­leased by PBOC, Chi­na’s bank­ing, se­cu­ri­ties and forex reg­u­la­tors, and the Shang­hai mu­nic­i­pal gov­ern­ment. “2020 will be a de­ci­sive year when Shang­hai fun­da­men­tally es­tab­lishes an in­ter­na­tional fi­nan­cial cen­tre which matches Chi­na’s eco­nomic strength as well as the in­ter­na­tional sta­tus of the ren­minbi,” wrote Chen.

“The Opin­ions un­veil a se­ries of new re­form and open­ing mea­sures to drive the es­tab­lish­ment of Shang­hai as an in­ter­na­tional fi­nance cen­tre.” Ac­cord­ing to Chen these mea­sures in­clude: Ac­tively dri­ving ad­vance fi­nan­cial tri­als in the Lin­gang New Area, dri­ving and sup­port­ing com­mer­cial banks to es­tab­lish spe­cialised wealth man­age­ment sub­sidiaries and in­vest­ment sub­sidiaries to un­der­take in­vest­ment in the shares of listed com­pa­nies.

Rais­ing the level of ease of cross-bor­der trade and in­vest­ment, and vig­or­ously de­vel­op­ing fin­tech. Ac­cel­er­at­ing the ex­ter­nal open­ing of the Chi­nese fi­nance sec­tor at an even higher level, and dri­ving the loos­en­ing of mar­ket en­try re­quire­ments for for­eign-in­vested fi­nan­cial in­sti­tu­tions. Dri­ving the es­tab­lish­ment of a cen­tre for the al­lo­ca­tion and risk man­age­ment of ren­minbi fi­nan­cial as­sets; es­tab­lish­ing a high-qual­ity fi­nan­cial op­er­at­ing en­vi­ron­ment in line with in­ter­na­tional stan­dards.

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China’s real estate market has grown immensely in the past years and is a key component in the Chinese economy. We’ve seen both ups and downs with a big correction in 2015-2016, during the stock-market crash.To get more China real estate news, you can visit shine news official website.

Currently, China’s economy has slowed down and we see an escalating trade war with the US. So how will this affect the market? In this article, we take a look at how China’s real estate market has performed the past years and what the predictions are for 2020.China’s real estate market is an important driver of the Chinese economy and accounts for 30% of the total GDP. The market is currently one of the fastest-growing markets in the world. As prices have surged since the 2000s, setting foot into the housing market has become popular to gain wealth.

Many of the luxury goods and sports car you see in places like Shanghai (there are a few) is bought with money made from real estate. According to the National Bureau of Statistics, the major cities have seen higher increases in residential house prices. This is mainly the case for first-tier and second-tier cities like Shanghai, Beijing, and Shenzhen. Showing you some interesting data, below you can see a summary of the average real estate prices per square meter from 2013 to 2016, which speaks for itself.Many of us have the impression that Shanghai and Beijing house prices are more expensive.

But the fact is that Shenzhen has outranked these cities with prices growing immensely in the past years. Many people in the West haven’t even heard about this dynamic tech- and financial hub that becomes increasingly important to China as a whole. It’s become one of the major financial hubs, it’s closely tied to Hong Kong, and with favorable policies. It was the first city to open up to the foreign world in 1978, thanks to Deng Xiaoping, and grew with an astonishing rate of 40% per year from 1981 – 1993.The Chinese government has seen the issues with the fast-growing house prices and investors’ love in the real estate market. Therefore, it saw no other choice than to introduce new measures to cool down the market.The main idea behind these changes was to encourage buyers to live in their houses, not simply buying them as investments.

The fact is, many Chinese investors and private households prefer to invest in real estate. According to CNBC, Chinese households put two-thirds of their assets in real estate, while American families put around half of their assets in real estate.Why is this the case? The main reason is that investors in other countries tend to invest more in stocks. Not surprisingly, there’s a reason why Chinese don’t trust their domestic stock market. It’s simply too volatile as individual holders account for 80% of the trade volume in the Shanghai stock market, for example.These individuals often collectively “panic-sell” based on rumors and chase short-term gains. You’ve probably read about the Chinese stock market crash that went on from 2015 to 2016.

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The British pound has been sluggish recently, being among a group of non-US currencies that suffered general pressure due to risk aversion sentiment caused by WTI's decline into negative areas. However, the pound has now shown obvious resistance to decline.To get more news about a-conversio, you can visit wikifx news official website.
Despite Markit's service industry PMI in April of 12.3, which was much lower than the expected 27.8, the pound did not show a sharp decline, indicating that the market partially digested the epidemic's shock on Britain's economy. We believe that pound s current exchange rate at an extremely low range indicates the currency has little room for further declines. As the global economy gradually recovers, the pound may rebound significantly.
The negotiators of the United Kingdom and the European Union began week-long consultations to discuss the relationship between the two countries after the Brexit, including trade issues. As the epidemic persists, the possibility of the UK applying for an extension of the Brexit transition period is also increasing. The market still needs to pay close attention to how the progress of related matters evolve.

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Deutsche Bank reported a first quarter net profit of €66 million ($71.62 million) on Wednesday, significantly below the €201 million ($219 million) net profit it recorded in the first quarter of 2019. The bank has put aside €260 million ($282 million) to cope with potential loan losses that may result from the coronavirus pandemic.The bank's earnings results follow a pre-release on Sunday where it confirmed its net income figures, and that it beat analysts' estimates. Visit Business Insider's homepage for more stories.To get more news about Pyramid Sales, you can visit wikifx news official website.
Deutsche Bank has put aside €260 million ($282 million) to cover any potential loan losses from the coronavirus pandemic as the bank posted 67% lower net profit than last year in its quarterly earnings on Wednesday. Despite the sharp drop in profits, the German bank beat Wall Street Analysts' expectations. Deutsche Bank reported a net profit of €66 million ($71.62 million) on Wednesday, significantly below the €201m ($219 million) net profit it recorded in the first quarter of last year. As well as a 67% fall in net profits, the German lender also recorded a loss of $43 million attributable to shareholders.
Here are some key metrics versus Bloomberg estimates:Net income: €66 million versus €2.68 million ($2.82 million) expected.Revenue: €6.4 billion versus €5.68 billion ($6.16 billion) expected.Christian Sewing, chief executive of Deutsche Bank said: “In the current crisis, we have shown robust numbers and demonstrated strong performance in support of our clients across all core businesses.Sewing added: ”Conservative balance sheet management enables us to navigate the current environment from a position of strength as the leading bank in Europe's strongest economy.Provision for credit losses were €506 million, and the German bank earmarked €260 million ($282 million) to deal with potential loan losses that may result from the coronavirus pandemic.
Provision for credit losses taken in the quarter increased allowance for loan losses to €4.3 billion. Read more: Brad Cornell has been teaching finance at UCLA for almost 40 years. He shares the precise way he calculates the true value of the S&P 500 — and says investors need to 'be careful out there.'The bank's earnings follows a a surprise pre-release statement on Sunday, where the German bank announced its expectation that net profits would be €66 million ($72 million). Deutsche Bank has had a challenging few years months including a restructuring and steep losses. It announced last year it would be cutting 18,000 jobs last year as part of a “radical transformation” aimed at restoring consistent profitability and improving returns to its shareholders.
Sewings' $8.3 billion restructuring plan transformation involves cutting down the investment banking business and aims to cut total costs by a quarter by 2022. Shares in Deutsche Bank rose 2% as of 3:50 a.m ET at $6.85. Deutsche Bank's results came a day after Swiss banking giant UBS reported a strong first-quarter with net profits rising 40% compared to the same period last year, driven by high transaction volumes in the midst of market volatility.

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The Cboe Volatility Index — or VIX, also known as the market's fear gauge — has retreated from a record high in recent weeks as stocks have recovered from their recent lows. Bank of America derivatives strategists found that this commonly cited index does not paint the full picture of what to expect in the months ahead. They believe stocks are likely to retest the lows, and recommend a hedge that bets on lower equities and a higher gold price.Click here for more BI Prime stories.To get more news about Sink into, you can visit wikifx news official website.
The fastest bear market in history still has more drama up its sleeve, according to derivatives strategists at Bank of America. A counterpoint can be found in the CBOE Volatility Index, or VIX, which reflects traders' future expectations for stock fluctuations. It is widely known as the market's fear gauge and tends to move in the opposite direction to the S&P 500. When the benchmark index experienced its fastest drop in record mid-March, the VIX mirrored it with a spike above 82, its highest level since November 2008. It has since rolled back to near 34, and the decline from the March 16 peak through April 27 was one of the fastest in history, according to data compiled by Bank of America.But this decline is masking other indicators that suggest the coronavirus crisis will trigger more volatility, the bank's strategists including Gonzalo Asis said in a recent note. They found that longer-dated volatility futures, including contracts that expire in six months, were rallying even as the popular spot-dated VIX was declining.
A closer look into the historical relationship between the spot VIX and six-month futures adds more heft to their conclusion. There have been 105 days since 1990 when the VIX closed above 30 six months after it first crossed that level. However, only three of those days were outside of bear markets, indicating that an elevated VIX — like the one we have now — is historically more prevalent during bear markets. “Assuming VIX futures markets are pricing in this fact, the 6th VIX future trading above 30 suggests the expectation is that the bear market is likely not over,” Asis said.
He added, “our view remains that US equities are in a bear market rally and that they are likely to retest the lows before a full recovery, a view supported by strong historical evidence.”Hedge a sell-off with goldIt is prudent for investors to hedge the downside risk in stocks, Asis said. His recommendation to add portfolio protection by executing trades that wager on a rise in the price of gold, via the SPDR Gold Trust exchange-traded fund. “To cheapen equity hedges, we like trades that are both short equities and long gold, such as SPX puts contingent on gold higher and SPX down/gold up dual digitals,” he said. Investors who had counted on gold as a hedge during the recent plunge in stocks may be surprised at this recommendation since the precious metal also fell 13%.
Asis explained that gold sold off with stocks in an environment of “peak panic” — and it was not the first time. During the initial meltdowns of 1987, 2002, and 2008, gold also failed as a hedge in the early rush to sell. But during subsequent declines that were driven less by panic, gold was bid up as a safe-haven asset. “Our commodity strategists expect substantially more upside over the near- and medium-term as 'the Fed can't print gold', raising last week their 2020YE average price to $1,800/oz. and their 18-month gold target from $2,000 to $3,000/oz,” Asis added.With that in mind, his two trade recommendations are listed below verbatim:1. (Hybrid): Buy SPX Sep 2500 put (87%) contingent on GLD /> 180 (111%) for 0.75% (80% disc., ref. 2878.48, 161.56)
Best for a more bearish equity view. The 2500 SPX strike is 11% above Mar lows. The 180 GLD strike corresponds to ~$1,900/oz., near all-time highs & in line with our commodity strategists' $1,800 $/oz. avg. price by year end2. (Dual digital): Buy Sep SPX 105% for a 10-to-1 payout (ref. 2878.48, 161.56)Best for a moderately bearish equity view. Roughly corresponds to SPX 2675 and gold at $1,800/oz.

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Hertz is preparing for a potential bankruptcy filing, The Wall Street Journal reported Wednesday.The situation is fluid, sources told the paper, as the company hopes to reduce lease payments by May 4.The company laid off 10,000 employees — more than a quarter of its total workforce — in April.Visit Business Insider's homepage for more stories.To get more news about BoE, you can visit wikifx news official website.
Car-rental company Hertz is preparing for a potential bankruptcy filing, The Wall Street Journal reported Wednesday, as the coronavirus pandemic brings nearly all travel to a standstill.People familiar with the matter told the paper that Hertz is working to reduce its debt payments and is in talks on a forbearance agreement that could help it avoid bankruptcy. The situation remains fluid, according to the Journal's sources.Hertz did not immediately respond to a request for comment from Business Insider. Shares of Hertz declined more than 15% in trading Wednesday, as broader indices rose, following The Wall Street Journal's report.
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The news of a possible bankruptcy arrives two days after Hertz on Monday said in a regulatory filing that it “did not make certain payments” on its operating lease as it remains in discussions with lenders to reduce its payments. If those discussions aren't fruitful by the first week of May, “Hertz could be materially and negatively impacted,” it said.Earlier in April, the company laid off 10,000 workers — about 26% of its workforce at the end of 2019 — “in an effort to align staffing levels with travel demand.”Ryan Brinkman, an analyst at JPMorgan, theorized on April 23 that government assistance could help Hertz remain solvent. “We do think a potentially large amount of cash could be made available to Hertz from the federal government, potentially solving any liquidity concerns, although we are also uncertain with regard to the terms,” he said in a note to clients.

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The Australian and New Zealand Dollars plunged over one percent against the Greenback along with US equity futures early into Asias Wednesday trading session. The catalyst appeared to be concern about delays regarding the implementation of a $2 trillion fiscal plan from the government overseeing the largest economy in the world. Sentiment in Asia was also soured by dismal advanced GDP data from Singapore.To get more news about AMP, you can visit wikifx news official website.
BANK OF ENGLAND RATE DECISION, BOND PURCHASING PROGRAM
The British Pound may fall following the Bank of England rate decision and announcement regarding the central banks bond-purchasing program. The benchmark lending rate is anticipated to stay 0.10 percent with expectations purchases will increase to 635 billion GBP, up from the prior 435 billion. This liquidity-emergency mechanism is known as the Contingent Term Repo Facility or CTRF for short.
The central bank will be conducting another operation of this kind on April 2. Even if interest rates remain unchanged, the size of the CTRF and commentary from officials may pressure the GBP. This comes despite massive stimulus measures announced by Chancellor of the Exchequer Rishi Sunak which involve paying 80 percent of wages to those unable to work during the coronavirus pandemic.
US JOBLESS CLAIMS: WHAT TO EXPECT
The US Dollar may recover some of its losses vs the British Pound and its G10 counterparts if US jobless claims data – with estimates for March at 1,640,000 – spurs haven demand and pushes the Greenback higher. However, risk aversion from the employment data may be offset by the ratification of a $2 trillion fiscal stimulus plan if both the Senate and House are able to find common ground.
GBP/USD TECHNICAL ANALYSIS
GBP/USD may shy away from testing former support-turned-resistance at 1.1959 and may even plunge below the 1985 swing-low at 1.4512. The upcoming fundamental factors may be the necessary inputs to catalyze an aggressive selloff in GBP/USD after the pair got some respite from a weakened US Dollar. However, that dynamic may quickly shift and push Cable into uncharted territory.

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Someone has won the jackpot prize of $28 million by playing the SuperLotto Plus in California. The winning ticket matched all six numbers of Saturday's draw -- 03, 09, 23, 27, 35, along with Mega number 16. It was purchased at a 7-Eleven convenience store in National City.Get more news about 菲律宾彩票包网平台,you can vist loto98.com The winner has not come forward and only has 180 days from the draw date to claim the prize.

California lottery officials said that even though their offices are closed to the public during the pandemic, the claim processing periods are not affected by the current health crisis."In order to claim a prize, winners must mail their winning ticket and claim form, or the winner may elect to keep the ticket in a secure place and present the claim in person when our nine CA Lottery District Office locations reopen to the public at a later date," according to a press release from California Lottery. The store that sold the ticket will receive an estimated $140,000 bonus from the California lottery. "We are in a residential area and even though some stores in our area have closed, we have stayed open to serve our community," said Paul Morrow, the 7-Eleven location's franchisee, in the press release. "Selling Lottery products absolutely helps business, no doubt about it." He added that he isn't sure what he'll do with the bonus yet.

Revenue from the California lottery supports public education but it also provides commissions to stores based on the ticket sales. During late March and early April of this year, retailers across the state received over $7 million per week in commissions and bonuses from the lottery, according to officials. "This money directly helps local businesses -- most of which are independently-owned by entrepreneurs who are trying to stay afloat during these difficult times," reads the press release. http://www.web-atletica.it/index.php?module=pnForum&func=viewtopic&topic... http://freedomdawning.org/phorum/read.php?1,7361 http://thawunghospital.com/main/modules.php?name=Forums&file=viewtopic&p... https://www.camfaith.org/cforum/viewtopic.php?f=25&t=863297 http://gatmtb.com/forum/index.php?page=topicview&id=general-chat%2Fcan-i...

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A South Carolina man had extra trouble convincing his wife that his $250,000 lottery win was legitimate due to her memories of a past prank.Get more news about 彩票包网平台,you can vist loto98.com

The Richburg man and his wife told South Carolina Education Lottery officials they don't normally play the lottery, but they won $10 on a ticket they received as a Christmas gift and used the money to buy another ticket, which was also a winner.The couple kept their winning streak going until the man stopped for take-out and bought a Money to the Max scratch-off that turned out to be a $250,000 winner.

The man had a difficult time convincing his wife the win was real, and for good reason -- he had previously pranked her with a fake winning ticket."I grabbed his face with both my hands and made him look me the eye," the wife recalled. "I asked, 'Are you messing with me?'The couple said their win came at just the right time.

"This is a life changer," said the wife. "Especially in these times."An Australian man who scored a lottery jackpot of nearly $800,000 said he bought his ticket by mistake while attempting to play a different drawing.

The Hobart, Tasmania, man told The Lott officials that he had meant to buy a different ticket when he visited Sandy Bay Lotteries.I actually wanted to play the Superdraw this weekend but accidentally bought an entry into last weekend's TattsLotto draw by mistake," he said. "So it's a mistake that led me to have this winning entry, but I'm very happy with that mistake!"

The man, who wanted to remain anonymous, collected a Division One prize of $785,303."Yesterday, I checked my ticket on my phone. I didn't know what to think. I thought it was a joke at first. Even now, I'm not so sure. I'm a bit overwhelmed," he said.

The winner said he is making plans for his prize money."I can't wait to clear the mortgage, then after that, we'll see. When we're allowed to go out, we'll go out and celebrate too," he said. http://msnho.com/blog/winning-lottery-ticket-spent-two-weeks-forgotten-s... http://www.tnterra.org/forum/index.php?p=/discussion/20526/winning-lotte... http://www.onechristianlove.com/member/blog_post_view.php?postId=39397 http://mehfeel.net/mehfeel/blogs/post/190287 http://www.socialwider.com/blog/489166/winning-lottery-ticket-spent-two-...

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How to buy University of Idaho degree? Purchase University of Idaho diploma. University of Idaho, founded in 1891 in Caldwell, is a private college of Arts. How to get fake University of Idaho degree? At present, there are 1010 students in the school. And 60 full-time teachers. Still 10% international students and 1:9 teachers and students. But Albertson college in Idaho has a convenient campus network. Students can use the convenient campus network for learning and communication. And can use computers for online course selection. Still online classroom discussion, etc.To get more news about where can i buy a passport , you can visit 45degreesdesign news official website.
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The University of Central Florida (UCF), founded in 1963, is located in the sunny city of Orlando, Florida. How to get fake UCF transcripts? make a UCF transcripts. Order fake UCF transcripts online. Still covering an area of 1415 acres, the school has 180 teaching and office buildings of all kinds, with students from 148 countries and 50 states in the United States. But the University of Central Florida is the second largest university in the United States. The school not only provides internship opportunities, but also advertising and public relations. aerospace engineering, anthropology, architecture, art, art education, sports training. biology, biomedical science, biotechnology, business management, chemistry, chemistry (biochemical direction), civil engineering. Still communication science and obstacles, computer engineering, computer science, construction engineering, criminal justice Digital media.To get more news about how to buy a passport, you can visit 45degreesdesign news official website.

By 2018, there will be 68571 students from undergraduate to doctoral. In order to provide academic degrees and special professional degrees. But the university has set up 12 colleges. Fake transcripts. How to make a fake transcript? Fake high school diploma and transcripts. Make a fake transcript. official college transcript. How to spot a fake diploma? which can provide 224 certificates of different degrees. Among them, there are 101 undergraduate degrees, 88 master’s degrees, 29 research-oriented doctoral degrees and 3 professional doctoral degrees. The school is located about 21 kilometers east of downtown Orlando. 89 kilometers east of the school is the famous “Detong Beach”.
Since the 1990s, the University of Central Florida has developed rapidly, and its influence has expanded to the whole state of Florida, and it has 12 satellite campuses in the east central region of Florida.

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In Shanghai, where 9 coronavirus-related pneumonia cases have been confirmed by China’s Centre for Disease Control on Tuesday, many citizens are still braving public spaces.To get more shanghai breaking news, you can visit shine news official website.

Aldergrove-born English teacher Sarah Van Vliet is currently in the city.“The atmosphere feels off and everyone is on edge,” she told the Aldergrove Star on Wednesday.

Even in a bustling metropolis like Shanghai with a population of over 24 million, Van Vliet said, protective face masks have largely sold out.It took the teacher eight different trips to drug stores in the Pudong district Wednesday morning to find and purchase a mask.

“Face masks. They have been sold out – none left” a sign on the front of a Pudong drugstore Van Vliet visited read.Hand sanitizer has been equally as difficult to find, Van Vliet noted.

With the number of reported infections from the virus climbing to 440 across 13 Chinese provinces, and concern that amount will rise, Shanghai’s streets and public transit have become an ocean of masks.Normally, people in the city only wear such protection when they suffer from the common cold or the flu, Van Vliet observed.

But since word has spread of the coronavirus, nearly every person the teacher has come across has worn one.And when most in Shanghai would normally gear up to travel as part of their Lunar New Year Plans, many decided to stay put.

“I had to cancel an overnight train ticket to Jihan because it just wasn’t worth the risk [of contracting the virus] to be on a train that long,” Van Vliet explained.The city’s airports and major transit hubs began taking passengers’ temperatures on Wednesday, as part of an effort to prevent the spread of the recent SARS-like virus outbreak, Shanghai Health Commission said in a press release.

In addition, the airport terminals as well as railway and bus stations have also enhanced sterilization processes and ventilation, it added.Experts from the Shanghai Center for Disease Control and Prevention have urged local residents to avoid outdoor activities, especially in crowded areas, to protect themselves from the respiratory illness.

Van Vliet avoided taking public transit Wednesday, venturing to purchase a car service instead to transport home and avoid close contact with city crowds.The new strain of coronavirus, termed 2019-nCoV, has government officials in Shanghai pleading with its citizens to wash their hands and wear surgical or respiratory-grade face masks.

The SARS (severe acute respiratory syndrome) virus that killed over 700 people in the 2000s was also a coronavirus. And so is the common cold.So far, nine people in China have died after contracting the new infection from in and around Wuhan, the central city where the coronavirus first emerged.

Wuhan, just 521 miles away from Shanghai, has been shutdown to visitors as well as flights and passenger train services, as of last week Thursday.

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Can the power of art change your life? Can art change the world? It’s a question that many have asked and answered. Art, in its many forms, can reveal the power that we can acquire through the engagement and understanding of the stories behind art. For this reason, just filling a space in the wall with an image that has no meaning to you undervalues the power and impact that art can have. In fact, the power comes from you taking the risk to surround yourself with Art that inspires you, makes you feel the power that art can have.To get more news about art and its impact on society, you can visit shine news official website.

No one wants an empty life. A life lacking in colour, in drama and in story. This time of year can be a time of paralysis. Winter descends and the cold tightens its grip. Hibernation seems to be the best alternative. This is where the power of art becomes integral to moving forward. Dreaming of another time and place is integral to survival. And survival is where this year has began. The past few months have been a time that the relationships of power between men and women have been revealed. Movies, live theatre, literary and the music industry have all revealed that women are stating their case and choosing to be heard. Whether it’s in the media, or on the Golden Globes red carpet, it has been female artists that have taken the lead to state their cases.

The art they have made, the stories they tell, all come together to collectively state that 2018 is not a year of tolerance of sexist power structures. I believe I heard it state that this was a “tectonic” shift. Perhaps it is. Time will tell if there are changes. There are times that I create art that sets a clear truth, a story of women together, walking, striding to the same goal of recognition. The Empowered Series is an integral part of my artistic vision. The painting highlighted is titled “Greatest Show”.

This painting uses the glamorous Pan Am stewardesses as the point of departure. Women who were elegant and at the forefront of the professional definition of women’s work life. Yet there is a sarcastic twist to this image. A target practice image is set in the back ground with the text ‘greatest show’- which is from the circus promotion from Barnum and Bailey. These women walk with strength. But will they achieve their goal? I have been a feminist my entire adult life. I have yet to see equality, safety and respect for women. There is an expectation of a lesser accomplishments and stepping up is good. But will it be enough?

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