Chinese Game Publisher NetEase Easily Beats First-Quarter Targets Chinese video game publisher NetEase (NTES) late Tuesday easily beat Wall Street's targets for the first quarter. The NetEase earnings report drove NTES stock higher in extended trading.To get more NetEase news, you can visit shine news official website.

The Hangzhou, China-based company earned an adjusted $4.60 per American depositary share on revenue of $2.4 billion in the March quarter. Analysts were modeling NetEase earnings of $4.01 per U.S. share on sales of $2.21 billion. In the year-earlier period, NetEase earnings were an adjusted $3.48 per U.S. share on sales of $2.735 billion. Online game services accounted for 79% of NetEase revenue in the first quarter. NetEase develops and operates popular PC and mobile games in China such as "Fantasy Westward Journey" and "Onmyoji.

" It also distributes games in China for Activision Blizzard (ATVI), Microsoft's (MSFT) Mojang and others. In addition to games, NetEase offers online education, music streaming and other internet services.NetEase had a good quarter despite the unfolding Covid-19 coronavirus pandemic, Chief Executive William Ding said in the NetEase earnings news release. "As with companies around the globe, we encountered an unexpected global health crisis and a great deal of uncertainty as 2020 has unfolded," Ding said. "The situation presents numerous evolving challenges, but our resolve to overcome any hurdles remains undiminished."In after-hours trading on the stock market today, NTES stock 3.1%, near 408. It ended the regular session up 3.6% to 395.69, ahead of the NetEase earnings report.

Earlier in the session, NTES stock notched an all-time high of 399.83. On April 16, NTES stock hit a buy point of 361.10 out of an eight-week consolidation period. But the stock soon reversed and triggered a stop-loss sell rule under IBD trading principles. Then, early this month, NTES stock bounced off its 50-day moving average line and returned to the buy zone of its earlier breakout. NetEase stock is tied for third place out of 14 stocks in IBD's Computer Software-Gaming industry group, according to the IBD Stock Checkup tool. It has an IBD Composite Rating of 95, the same as peer Electronic Arts (EA). SciPlay (SCPL) ranks first in the group, followed by recent IPO GAN (GAN).

FCC: Huawei and ZTE Are National Security Threat The Federal Communications Commission (FCC) has officially declared Chinese tech firms Huawei and ZTE national security risks, as part of its plans to remove the vendors’ equipment from US telecoms networks.To get more ZTE news, you can visit shine news official website.

The FCC’s decision means that no carrier tapping the $8.5bn Universal Service Fund (USF), a government subsidy used mainly by smaller telcos often serving rural areas, can use the funds to purchase kit from the two Chinese firms. “With today’s orders, and based on the overwhelming weight of evidence, the [FCC’s Public Safety and Homeland Security] Bureau has designated Huawei and ZTE as national security risks to America’s communications networks — and to our 5G future,” said FCC chairman Ajit Pai.

“Both companies have close ties to the Chinese Communist Party and China’s military apparatus, and both companies are broadly subject to Chinese law obligating them to cooperate with the country’s intelligence services.” The FCC first revealed its plan back in October 2019, stating at the time that under the proposals the USF would not be allowed to pay for firms deemed a national security risk. It also suggested that existing USF recipients would have to be audited to see how many have Huawei/ZTE kit in place and how much it would cost to remove and replace it. In March this year, a new law freed up $1bn to help smaller telecoms firms rip-and-replace Huawei and ZTE equipment. Huawei and others have long argued that such plans are self-defeating as they will set US innovation back and represent poor value-for-money for taxpayers and consumers alike. However, Pai struck a defiant tone in his prepared comments yesterday.

"The Bureau also took into account the findings and actions of Congress, the executive branch, the intelligence community, our allies and communications service providers in other countries,” he said. “We cannot and will not allow the Chinese Communist Party to exploit network vulnerabilities and compromise our critical communications infrastructure. Today’s action will also protect the FCC’s Universal Service Fund — money that comes from fees paid by American consumers and businesses on their phone bills — from being used to underwrite these suppliers, which threaten our national security.”

UBS Group AG and Citigroup Inc. are at odds on how Singapore‘s move to cap dividend payouts at the nation’s banks will play out for equity investors.To get more news about upstox, you can visit wikifx news official website.
Citigroup says the move will be viewed negatively by investors as dividend yield is an important factor when considering buying bank stocks. UBS sees the central banks move as prudent in the context of the coronavirus pandemic and no threat to the sustainability of payouts.
Singapore‘s central bank on Wednesday ordered lenders to cap their 2020 dividends at 60% of last year’s levels, a move in line with other global central banks actions in the wake of the pandemic. The lenders command the biggest weighting in the MSCI Asean Index and are set to announce their quarterly earnings next week.
Heres why the two investment banks differ over the outlook for banks:
‘Buying Opportunity’
“The short term and prudent nature of this measure does not raise any question marks on the long-term sustainability of dividends,” UBS Group analyst Aakash Rawat wrote in a note. “Investors with a slightly longer term horizon are likely to see this weakness as a buying opportunity.”

The impact seems greatest for DBS Group Holdings Ltd., which investors see as a bigger proxy for generating dividend income than its peers, he wrote.
‘Viewed as Negative’
“This will be viewed as negative for the banks as the dividend yield is considered an important component of the investment thesis for owning these names, especially DBS,” Citigroup analysts Robert Kong and Weldon Sng wrote in a note.
The cut in dividends will add to the pain of a sharp sequential fall in net interest margins and may prompt banks to front-load provisions, they wrote.
Prefer SGX to Banks
Jefferies Financial Group Inc. prefers shares of Singapore Exchange Ltd. to those of the nation‘s banks citing the bourse’s “similar but fully underwritten cash yield,” according to a note.
The announcement will weigh on sentiment as yield gets capped at around 4% versus 6% previously, although investors should remember the strong capital positions of the banks, analyst Krishna Guha wrote.
The brokerage downgraded DBS to hold from buy, lowering its dividend estimates by 29% for the 2020 fiscal year.

USD Bearish Against Gold Bullish After the FED Rate Decision

At 2:00(GMT+8) this morning, the FED released the latest decision, which keeps the interest rate in the range of 0% to 0.25%. DXY extends its loss after the decision.To get more news about upstox, you can visit wikifx news official website. 　　The FED stated that the rate will be kept there until the economy has recovered from the crisis and is on track to achieve the goals of maximum employment and price stability. It also pledged to use full range of tools to support the economy. 　　After the decision, DXY continued falling and bottomed a fresh low since June 2018. On the other hand, gold rallied to the Tuesdays level of 1981. Currently, gold prices are possible to find a new high and move upward to the 2000 psychological level in future trading. Traders should beware of the volatility in gold prices as there has occurred a breakthrough.

All the above is provided by WikiFX, a platform world-renowned for foreign exchange information. For details, please download the WikiFX App: bit.ly/WIKIFX The strength and confidence of the Swiss currency are not something new. The following chart shows the preeminent investors interest in the Swiss franc which has been gaining ground on the greenback for 50 years. Despite of the very strong trend over the last decade, the couple has been traded around the parity (close to 1), showing the relative balance.

In the currency market, balance dominates trades. On one side, the safe-havens keep their defensive qualities; on the other side, the currencies gain ground from every good economic or health news. However, this relative stabilization shouldnt obscure the marked fund trends for the Swedish Krona or the Swiss Franc. Conversely, if the euro recovers a bit on the eve of the fundamental summit of the European Union, it will show a little neutrality with the greenback as last year.To get more news about upstox, you can visit wikifx news official website.
Royal Crown (Krona)
The Swedish Krona has emerged as one of the winner currencies since the global lockdown, with some substantial gains on the dollar. At the start of the year, the Riksbank stood out with its key rate adjusting from last years -0,50% to 0. The monetary establishment wanted to end the 5-year negative rate. On this occasion, the Riksbank became the first to get out of it.
At its recent low in the early March, the USD/SEK parity was traded at 10.40 SEK, now it takes only 9.1 SEK. This conquering course can be seen in the Swedish Krona, which has gone from 11.2 SEK to 10.35 SEK per euro. As a “good student” who pragmatically focused on serious budgetary matters, Sweden (member of the European Union since 1995) has joined the club of “frugal” with Netherlands, Austria and Denmark.

The euro has just made a leap in its trajectory against the dollar. It crossed the 1.14 USD line for the first time in 4 months. This breakthrough against multiple currencies comes out a few days before the extraordinary European summit dedicating the 750 billion stimulus plan. The euro took advantage of the latest information on the possibility of a vaccine against Covid-19 to progress against the safe-havens such as the yen and the Swiss franc.
The risk assets are favored, which benefits the eurozone. Merkel, the chancellor of Germany, has just declared that European leaders must provide a “massive” response to the economic fallout arising from the coronavirus pandemic. Well not be in this situation any more this weekend. We are taking advantage of this focus on the euro to show its relative stability in the past several years. The graph below plots the 6-year course against the dollar year by year. We can see that the current exchange rate is located in the center (blue circle) of a narrow quotation range on this time benchmark, with an average of 1.12 USD.
The president of the Swiss National Bank (SNB) spoke a few days ago. In fact, Mr. Jordan explained that in order to meet economic challenges, the SNB should rely on 2 instruments to which it had resorted before the outbreak of the crisis, namely the negative rates and the intervention into the currency exchange market. This 2 measures aim to slow down the appreciation of the franc, which is a real obstacle to Switzerland's exports. This trend has been reinforced by the fall in interest rates, which is decided by other central banks. Monetary easing has resulted in lower yields broadly, exerting pressure on the franc at the end of the chain because the initial spread with the Swiss rate has narrowed.

On July 30 (local time), the U.S. Commerce Department reported that U.S. GDP shrank by 32.9% in the second quarter, according to the advance estimates. This is the largest collapse since 1940s, dramatically dragging down all the oil prices, stock indexes and gold prices.To get more news about upstox, you can visit wikifx news official website.
The sharp drop in U.S. Q2 economy was largely driven by the rapid decline in consumer spending. Among the whole economy, private consumption accounted for 65-70%. As consumers are much more conscious of saving money in times of the pandemic, the provided unemployment benefits and paper checks cannot bring consumption back from the downtrend.
Above information triggered the overall loss in the three U.S. stock indices. In terms of futures, oil jumped more than 3% while WTI and Brent Crude both closed lower. At the same time, gold prices eased back to $1945.40 per ounce, down 0.4%.

WikiFX reminds investors of possible exposure to credit risks, and suggests that traders should be defensive.

Please help to stop the issue caused by brokers like upstox, where we can't able to trade because their platform is not getting opened”, “We are losing money heavily”, “nobody is responding”. Recently, investors have made a mass of real-name complaints against upstox by WikiFX Exposure, expecting the broker to be punished as soon as possible.To get more news about upstox, you can visit wikifx news official website.
Previously, the platform has triggered anger of frequent users at the “automatic orders”. Recently, thousands of users are enraged by the illegal broker because of its shameless envelope-pushing. These complaints are various, for example, “the account was frozen although there is not a single order”, “losses arise from the fault of platform”, and “an inactivity fee was imposed even through the user has abandoned account opening midway and has never used the platform”, etc.

Users have received a chilly reception or even no response from upstox to their complaints. One user gave the feedback on the broker as: “The 24/7 customer service is simply for ornament. I waited from morning to evening with nobody responding. I'm so disappointed at their service system.”
Indian investors often stay helpless once defrauded by local brokers, which are too strong to be competed against. If they seek help from regulatory agencies, there can be onerous process that don't always have to be in effect. The better choice is to investigate the background of brokers before trading, in which the WikiFX APP is necessary.
In the case of upstox, the broker is displayed as “under invalid supervision” with a score of only 1.27 on the WikiFX App, which means the broker is risky. It is suggested to download the App at the first place, so as to recognize brokers before trading on forex platforms.

Blizzard is preparing to help adjust player counts on certain World of Warcraft Classic servers, and it'll allow some players to make the move for free.To get more news about Buy WoW Items, you can visit lootwowgold news official website.

A World of Warcraft community manager shared the news in a forum post, specifying that free character server moves are coming to select WoW Classic realms in the coming days. Once the service opens, you'll see the option to start a transfer on either the character select screen or the realm queue screen. Currently, there are three restrictions outlined in the post: You can't transfer a character if it's a guild leader, has active auction listings or bids, or has mail. The community manager said a full post with further character restrictions and other details will be shared once the service goes live.

There's no clarification on when the free character move service will be accessible, nor is there a confirmation on what servers will see the service.

In other WoW Classic news, more than 300,000 people watched as the game got its first level 60 player. Dot Esports reported that "Jokerd" leveled a gnome mage to 60 in three days, 20 hours, and 40 minutes, playing on the Mograine server in Europe. The game's garnered so much attention, in fact, that it has surpassed Fortnite and all other games as the most popular title on Twitch. In a feature story, we examined why WoW Classic is great and concluded that it's more than just nostalgia.

Blizzard has confirmed that it has "no plans" to bring World of Warcraft to console, following renewed speculation that it might be happening. A rating for WoW's upcoming Shadowlands expansion in Brazil listed it for Xbox Series X, but a spokesperson for Blizzard said this was an error.To get more news about WoW Classic Gold, you can visit lootwowgold news official website.

"We currently have no plans to bring World of Warcraft or Shadowlands to Xbox Series X," a spokesperson told Polygon. "The platform was listed on the Brazil Ministry of Justice rating website in error, and the entry has since been updated to reflect that the game is coming only to PC."

Before this, data-miners found references to controller support in Shadowlands' code, leading some to believe a console port was coming. Blizzard is adding controller support for Shadowlands, but it is meant to help people with limited mobility play the game.

Asked if this controller support was a first step toward releasing WoW on console, game director Ion Hazzikostas told GameSpot, "No. This is not that."

Shadowlands is the eighth expansion for WoW, and it is scheduled for release later in 2020. As its name suggests, the expansion takes players to the world of the dead. Unlike all the previous expansions, Shadowlands actually reduces the level cap to 60, down from 120, as part of a unique twist. Players can begin trying out Shadowlands for themselves right now with the beta.

Today HyperX, the gaming division of Kingston Technology Company, Inc., announced HyperX Kickoff to WoW? Classic, a livestream event, for World of Warcraft? fans old and new, recalling nostalgic moments and building excitement for the hours leading up to Blizzard Entertainment’s WoW Classic servers going live. The event will include interviews as well as exclusive videos and panels featuring top WoW streamers, cosplayers, and a member of Blizzard’s WoW development team. The HyperX Kickoff to WoW Classic will stream for over four hours on Monday, Aug. 26 from 11 a.m. – 3:30 p.m. PT. The stream will be filmed at the HyperX Esports Arena in Las Vegas and the broadcast will be hosted on both Twitch.tv/hyperX and Twitch.tv/warcraft. To get more news about Buy WoW Gold Classic, you can visit lootwowgold news official website. HyperX is excited to bring HyperX Kickoff to WoW Classic to fans in anticipation of the WoW Classic servers going live,” said Stephanie Winkler, strategic marketing, HyperX. “Fans can return to Azeroth and reminisce as they prepare to play WoW Classic.” HyperX is the gaming division of Kingston Technology Company, Inc., the world’s largest independent memory manufacturer, with the goal of providing gamers, PC builders, PC, console and mobile power users with high-performance components. For 16 years, the HyperX mission has been to develop gaming products for all types of gamers – high-speed memory, solid state drives, headsets, keyboards, mice, charging accessories for console players, USB flash drives, and mousepads – to the gaming community and beyond. The award-winning HyperX brand in known for consistently delivering products that deliver superior comfort, aesthetics, performance, and reliability. HyperX gear is the choice of celebrity ambassadors, pro gamers, tech enthusiasts, and over-clockers worldwide because it meets the most stringent product specifications and is built with best-in-class components. HyperX has shipped over 60 million memory modules and 7 million gaming headsets worldwide.

The Global Manufacturing and Supply Chain Management (GMSCM) Program was launched in 2012 and had its first entering cohort in 2013.To get more news about best Master in Management program in China, you can visit acem.sjtu.edu.cn official website.

The program is a double-degree program co-founded by two renowned academic institutions: McGill University (Montreal, Canada) and Zhejiang University (Hangzhou, China). The student who completes the GMSCM program is awarded an MBA degree from Zhejiang University and a Master in Management degree from McGill University. The Program takes place at Zhejiang University in China (with options for a semester of courses in Montreal and a summer trip) and it targets high-potential managers in manufacturing, services and logistics industries as well as entrepreneurs. We still offer one of the key components of the MMM program, including Six Sigma Green Belt and Lean Thinking training for operational excellence in Montreal, Toronto and Ottawa depending on demand.

Lean Thinking training creates more value for customers, employees and owners through a perfect value creation process that minimizes waste along the entire value stream, by continuously looking for improvement. Six Sigma training helps managers assess a situation and identify the right improvement projects to conduct; plan and manage an improvement project to ensure its successful completion; and lead an improvement project, including the change management considerations. The Master in Manufacturing Management (MMM) program in Montreal is being redesigned to enhance both its quality and relevance, while still maintaining a focus on designing and managing global supply chains for manufacturing and service organizations. At this point we are not accepting applications for this program and will not do so in the near future. If your intention is to apply to a Master’s program for Fall 2017, we strongly suggest you to look at our MBA program where you can consider the Business Analytics concentration, which includes several supply chain courses.

Global alarm was sounded on Monday over a potential second wave of coronavirus cases after Germany, relatively successful in slowing the outbreak, reported that infections had accelerated again after the first tentative steps to ease a lockdown.To get more news about coronavirus shanghai, you can visit shine news official website.

But in the United States, which has by far the highest COVID-19 death toll in the world, President Donald Trump accused Democrats of reopening states too slowly, for political advantage, albeit without providing evidence.

News that the “reproduction rate” - the number of people each person with the disease goes on to infect - had surged back to 1.1 in Germany cast a shadow over the reopening of businesses ranging from Paris hair salons to Shanghai Disneyland. A rate that stays above 1 means the virus is spreading exponentially.

Fears that a second wave of infections could thwart the reopening of the global economy helped send share prices lower across the world, and pushed depressed oil prices down still further. [MKTS/GLOB] [O/R]

The past month has seen investors bet strongly on a rapid economic recovery in spite of data far worse than any in living memory. That has opened a rift between soaring stock markets and the freefalling economies they are meant to reflect.

Trump, now running for re-election in November against the background of a crippled economy, is pushing U.S. states for a rapid reopening, against the recommendations of health experts to move more cautiously to avoid a resurgence of the virus, which has killed more than 80,000 people in the United States.

Some of the hardest-hit states are led by Democratic governors, such as Pennsylvania; the Republican president has encouraged reopening in those states in defiance of their governors with tweets urging people to “liberate” them.

“The great people of Pennsylvania want their freedom now, and they are fully aware of what that entails,” he tweeted on Monday. “The Democrats are moving slowly, all over the USA, for political purposes.”In Europe, Spain and France took major new steps to ease strict lockdowns, while Britain, second only to the United States in its death toll, unveiled cautious moves that critics said sent mixed messages.

In Paris, traffic flowed along the Champs Elysees as workers cleaned shopfronts to reopen for the first time since March.“Everyone’s a little bit nervous. Wow! We don’t know where we’re headed but we’re off,” said Marc Mauny, a hair stylist who opened his salon in western France at the stroke of midnight.

Mickey Mouse welcomed thinned-out crowds in Shanghai, the first Disney theme park to reopen, with a strict limit on tickets. Parades and fireworks were cancelled, and workers and guests had to wear face masks and have their temperatures screened.“I think (these measures) make tourists feel at ease,” said Kay Yu, a 29-year-old pass holder wearing a Minnie Mouse hat.

China reported that the country’s GDP grew by 3.2% in the second quarter of this year, compared to a year ago — beating analysts’ expectations and rebounding from the first quarter’s contraction.To get more economy news today, you can visit shine news official website.

It comes as lockdowns to contain the coronavirus outbreak in China eased, and as Beijing rolled out stimulus measures to prop up its economy.

Economists polled by Reuters expected gross domestic product to have grown modestly at 2.5% in the April to June quarter.

China’s first quarter GDP contracted by 6.8% in 2020 from a year ago as the world’s second largest economy took a huge hit from the coronavirus outbreak. This was the country’s first GDP decline since at least 1992, when official quarterly records started.

China’s official GDP figures are tracked as an indicator of the health of the world’s second-largest economy, but many outside experts have long expressed skepticism about the veracity of China’s reports.

“Generally speaking, the national economy overcame the adverse impact of the epidemic in the first half gradually and demonstrated a momentum of restorative growth and gradual recovery, further manifesting its development resilience and vitality,” said China’s National Bureau of Statistics in a press release on Thursday.

The Chinese government has introduced measures to boost the economy including fiscal spending and cuts in lending rates and banks’ reserve requirements — the amount of cash that lenders must hold in reserve.Recent data out of China show some signs of recovery. Trade numbers in June showed that China’s dollar-denominated exports and imports rose. Manufacturing activity in June also expanded compared to May, two different sets of surveys showed.

Chinese exports have been getting “massive market share” while the rest of the world was locked down, said Bo Zhuang, chief China economist at TS Lombard before the data release. China started easing lockdown measures earlier than other countries.

A drumbeat of social media posts suggests the Shanghai Disneyland theme park is preparing to reopen after a three month closure due to the world health crisis.To get more shanghai breaking news, you can visit shine news official website.

Social media posts from China show snaking queues, social distancing signs and simulated entry gate test runs at the Shanghai Disney resort.The Shanghai Disney Resort was the first of Disney’s six global resorts to close in late January amid the coronavirus outbreak that has crippled business and forced millions to shelter in place around the world.

The Shanghai Disneyland Hotel and Disneytown shopping mall reopened March 9th with limited capacity and reduced hours. The Shanghai Disneyland theme park remains closed.The Shanghai Disney and Hong Kong Disney resorts have been closed for three months. The possible three-month timetable for a reopening of the Shanghai Disneyland theme park would suggest that Disney’s U.S. theme parks might begin preparing to reopen in mid-June. Disney parks in California and Florida have been closed for nearly six weeks due to the COVID-19 pandemic.

Disney theme parks are expected to reopen in June following an extended coronavirus shutdown, according to an analysts report from J.P.Morgan.

Disney’s three Anaheim hotels have stopped accepting reservations before June 1 due to the coronavirus outbreak. The Disneyland app shows Disney’s two Anaheim parks “closed” through May 16 and as “schedule unavailable” through June 4.

The shuttering of Disneyland and Disney California Adventure on March 14 was preceded by closures of Disney parks in Shanghai, Hong Kong and Japan and followed by closures of Disney resorts in Florida and France.

Supply Lines is a daily newsletter that tracks COVID-19s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic.To get more news about Binary option, you can visit wikifx news official website.
U.K. government borrowing soared to almost 130 billion pounds ($165 billion) in the first three months of the fiscal year amid the towering cost of supporting the economy through the coronavirus crisis.
The Office for National Statistics said Tuesday that the budget deficit stood at 35.5 billion pounds in June alone, leaving debt at 99.6% of GDP -- the highest since 1961.
Chancellor of the Exchequer Rishi Sunak has committed more than 190 billion pounds of government spending and tax cuts in an effort to save jobs and keep businesses afloat. Combined with the damage inflicted by the worst recession for at least a century, that means a deficit that was forecast to be just 55 billion pounds this year is now on course to exceed 370 billion pounds, according to the Office for Budget Responsibility.

The pound was at $1.2689 following the report, up 0.2% on the day. Ten-year gilt yields were at 0.15%, close to a record low.
At around 19% of GDP, the deficit projected for 2020-21 would be the highest since World War II and almost double the levels reached after the financial crisis a decade ago. And its not the most pessimistic scenario outlined by the fiscal watchdog last week.
Government debt could take decades to bring down to more sustainable levels, economists say. But while the stock of debt is high, the cost of servicing it is more affordable than ever, thanks in part to massive Bank of England bond buying in the secondary market which has pushed down gilt yields. Tax rises nonetheless appear inevitable once the crisis has passed.
The latest snapshot of the public finances showed government revenue fell 13% between April and June compared with a year earlier, with receipts down across the board. Spending meanwhile jumped over 40%, driven by a 70% increase in departmental outlays.
A cash measure that determines government bond issuance stood at 47.1 billion pounds in June, taking the total for the fiscal first quarter to 174 billion pounds. The Debt Management Office is on course to sell around half a trillion pounds of gilts for the year as a whole.

The British government failed to investigate whether Russia interfered in the Brexit referendum and a full intelligence inquiry must now take place, a panel of lawmakers said.To get more news about Binary option, you can visit wikifx news official website.
Members of Parliaments Intelligence and Security Committee accused ministers of deliberately avoiding the question because they did not want to know whether Russia had tried to interfere in the European Union referendum.
Ministers refused to authorize a retrospective investigation into the 2016 vote on European Union membership.
The recommendation for a full-scale review is a key point in a long-delayed report on Russian involvement in British politics by the watchdog which oversees the work of the U.K. intelligence agencies.
It is a politically explosive subject and one that Prime Minister Boris Johnson will be reluctant to revisit. The aftermath of the Brexit vote split the country, leading to years of turmoil and uncertainty for business and bringing down two prime ministers.
Johnson, who led the controversial pro-Brexit campaign, is now in charge and seeking to negotiate a future trade deal with the EU. He will want to avoid reopening past debates about the vote as he has pledged to move the country on from the past divisions over Brexit.But the panel of politicians said a full inquiry -- with findings made public -- would be essential. “It is important to establish whether a hostile state took deliberate action with the aim of influencing a U.K. democratic process, irrespective of whether it was successful or not,” the ISC report said.
Members of the panel criticized the government for failing to try to establish what had happened sooner.

“The report reveals that no one in government knew if Russia interfered or sought to influence the referendum because they did not want to know,” Stewart Hosie, a Scottish Nationalist member of Parliaments Intelligence and Security Committee said in a briefing. “The committee found it astonishing that no one in government had sought beforehand to protect the referendum from such attempts or investigate afterwards what attempts to influence it there may have been.”
The study, which was delayed by nine months, threatens to further damage relations between London and Moscow, which have been in deep trouble since the 2018 Salisbury poisonings. Last week, the U.K. accused Russia of trying to interfere in the 2019 election and presented findings, backed by the U.S. and Canada, of Russian hackers attempts to steal coronavirus vaccine research.In its report, the ISC said Russia is so embedded in the British establishment that attempts to curb its influence are focused on damage limitation rather than prevention.
The committee found the British government has failed to tackle the threat to democracy from Russian interference.
The cross-party committee called for a full intelligence report on Russian attempts to influence the 2016 Brexit referendum along similar lines to investigations in the U.S. into meddling in its democracy. Some sections on the ISC report that deal with the Brexit vote were redacted.
In its response, Johnsons government said it had so far seen nothing that warranted an inquiry into Brexit. “We have seen no evidence of successful interference in the EU Referendum,” the government said in a written statement.
Ministers will always consider “new information” and how to use “any intelligence” they receive, the government said. “Given this long standing approach, a retrospective assessment of the EU Referendum is not necessary.”
The ISC report examines the sweeping extent of Russias involvement in British public life. It said the U.K. intelligence services were too focused on counter-terrorism and not enough on protecting democracy.
“Russian influence in the U.K. is ‘the new normal’, and there are a lot of Russians with very close links to Putin who are well integrated into the U.K. business and social scene, and accepted because of their wealth,” the report said. “This level of integration -- in ‘Londongrad’ in particular -- means that any measures now being taken by the Government are not preventative but rather constitute damage limitation.”

It is important to be alert and focused when trading forex. There‘s so many potential scams everyday and everywhere that you’re easily got scammed if you happen to choose some wrong brokers.To get more news about Binary option, you can visit wikifx news official website.
Recently, WikiFX team received an investors complaint against Binary Options, an investment platform based in UK. An investor claimed that she was misled and scammed by this illegal broker and lost $7,128.
The nightmare started when she registered her account at Binary Options in 2018. Then she met a FX/CFD trader of Binary Options, named Anthony Cole on Facebook. According to Anthony, the investor will get $2,190 in seven days if she invests $300.
The investor therefore started to invest on the trading platform Binary Options and gained some profits at the beginning. But when she wanted to withdraw the profits, Binary Options asked her to pay 10% commissions ($1,304) first.
“I have started this very PROLONGED withdrawal since November 2018. To date, I STILL NOT RECEIVE even $1 in my account at Binary Options.” The investor told WikiFX, “Binary Options team and Anthony Cole endlessly asked me to pay too much fees even if the errors in my withdrawal process were not caused by myself. I tried to compromise and paid as they requested. But they never returned my money withdrawn.”

Per investigation, we found that Binary Options is rated at only 1.12 on WikiFX App. According to the latest risk warning, this broker currently has no valid regulatory status. Please stay away from it!
So far, WikiFX App has included profiles of more than 19,000 forex brokers around the world, while integrating broker information query, exposure, news feed and other functions, to protect investors fund in forex trading. Click here to download the WikiFX App, a guide to less risks and safer investment.

In last week, WikiFX predicted that silver may gain more upside momentum and suggested bargain hunting. Yesterdays weekly chart shows that silver price has increased nearly 70% since its decline and rebound on March 16.To get more news about Binary option, you can visit wikifx news official website.

According to the weekly chart, the candlestick showed six white soldiers before, with silver price hitting the $19.75 earlier, a new high since the week of October 3, 2016. At the week ended March 16, silver price fell to the lowest dip of $11.64. It rebounded almost 70% after establishing firmer footing, reflecting the bullish long position.

WikiFX holds that if silver price finds some stability over $19.65, in the future trading it may further grow to $20.94, the 1.27XA extension, among which X means the weekly high of $18.95 ended February 24, 2020, while A represents the weekly low of $11.64 ended March 16.
The bull position of silver keeps strengthening and records a 4-year high. However, since multiple cycles indicate demands for adjustment, bargain hunting is suggested in the future trading. On the contrary, once silver price falls below $18.45, market may face the risk of a phased peak.　　All the above is provided by WikiFX, a platform world-renowned for foreign exchange information. For details, please download the WikiFX App: bit.ly/WIKIFX

With the Tokyo Olympics delayed to 2021 due to Covid-19, UK firms have seen their plans disrupted
The world of sport has been severely disrupted by Covid-19, with headlines highlighting everything from cancelled events and empty stadiums, to athlete health and spectator safety.To get more news about Binary option, you can visit wikifx news official website.
But the pandemic has also had a huge knock-on effect on businesses that support the sport industry - and nowhere is that more apparent than around the Tokyo 2020 Olympics.
The Games, originally due to start on Friday, have been delayed until summer 2021, affecting UK firms who had been fortunate enough to win work.
British companies were set to provide parts for water sport courses, ambulances for horses, power generators, and Olympic venue construction - not to mention softer services such as sponsorship expertise.Aggreko provided generators for London's 2012 Games, including the cross-country cycling events
Glasgow-based Aggreko is the only British firm among the 66 official Tokyo Olympic partners and sponsors, and has been part of the Games since Seoul 1988, providing generators.
Its initial Tokyo contract value was around $200m (£158m) and Aggreko said earlier this year it expected that to increase to around $250m. It has received more than $100m in payments so far, as the Japanese hosts continue to deliver scheduled instalments.

Robert Wells is the managing director of Aggreko Events Services.
“A postponement is much better than a cancellation,” he says. “At the moment we are in detailed conversations with the Games' organising committee. There is a huge logistics operation to reschedule things.”
He said Aggreko was now removing generating equipment it had already installed in some Olympic venues.On 30 March, Tokyo 2020 president Yoshiro Mori announced the Games would be postponed by a year
They will go back to Aggreko's facility in Tokyo, stored, and tested to make sure they are ready for next year.
“Clearly there will be a cost of delay,” Mr Wells adds. “But we can't quantify that at the moment. We are talking continuously with the organising committee about what it may be.”
As well as generators, Aggreko is also supplying the likes of power cabling, plus electricity from existing Japanese power grids.
The firm will be employing some 500 contractors in the run-up to the Games, and 300 during the event.Meanwhile, London-based ESG will build and dismantle temporary venues for six events: triathlon, shooting, golf, tennis, rowing and hockey.
Image copyrightESGImage caption
ESG is providing the floor decking for the Olympic triathlon events to be held in central Tokyo
“Although organisers have made statements that the Games are only postponed, there are contradictory statements coming out at a lower political level - there is a certain level of uncertainty,” says Olly Watts, joint chief executive of ESG.
It has been made clear there are circumstances under which the Games could be cancelled, depending on how the virus continues in Japan and worldwide.

As we all know, World of Warcraft Classic(WOW Classic) is going to be released in 17 days, before that, if you haven't spent some time experiencing the stress tests, the brief guidance is just prepared for newcomers to WOW Classic like you, it covers the basic gameplay, character creating, classes picking and other more essential character skills of WOW Classic, hoping to help you by it.To get more news about cheap WoW Items, you can visit lootwowgold news official website.
What's World of Warcraft Classic?
WOW Classic is the latest server option of World of Warcraft, which looks like a copy of WOW in 2006, and it is scheduled to launch on August 27, 2019. Even so, WOW Classic has dramatically changed the gameplay on the basis of the past one. In a word, it must bring a brand new experience to the players.How much will WOW Classic cost?
As long as you pay $15 a month for the subscription of WOW Classic, you can enjoy the server option for free.
Character Creating
Earlier we have mentioned that Blizzard allowed players to reserve names of WOW Classic characters on August 12, and choose class and race for the character. There are four Alliance and four Horde races in all, and each one has nine classes for you to choose from, each class has some specific skills, but once you choose one of them, you can't change it any more, so think twice before making a decision.

We will keep up to date on how to pick up the suitable classes in the coming days.

Incidentally, don't always be addicted to collecting WOW Classic Gold, although it does help you a lot in the game. At the beginning of WOW Classic, what you need to do is collecting resources as much as you can, and farming for some gold when necessary. When your level is high enough, it is also allowed to buy some WOW Classic Gold from some reliable stores.Skills Improving
Each class starts with skills, and every few levels, your class will unlock more new skills, and accordingly your character will also acquire new abilities.

In addition, during World of Warcraft Classic, the number of weapons equipment determines your success or failure, each weapon has specific skills, if you want to play better in the game, you need to constantly level up your weapon level by asking the weapons masters in your capital or gold.

Once you join WOW Classic, it means that you will face numerous challenges, soon some dungeons and raids would be the first part of challenges, anyway, be sure to be patient, it is just the beginning of your adventure, good luck on your WOW Classic.