Monthly Archives - December 2017

Nationwide protests test Rouhani’s commitment to reform in Iran

Experimental feature Listen to this article Play audio for this article Pause Experimental feature or Give us your feedback Thank you for your feedback. What do you think? I‘ll use it in the future I don‘t think I‘ll use it Please tell us why (optional) Send Feedback True to form, Iran’s hardline media reacted to the biggest anti-regime protests in the Islamic republic for eight years by warning of a conspiracy by foreign powers. Reformist politicians and analysts in turn blamed regime hardliners for stoking the unrest to undermine [...]

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6 people have died after a seaplane crashed into the Hawkesbury River in NSW

Six people have died after the seaplane they were travelling in has crashed into the Hawkesbury River in Sydney’s north. The aircraft crashed into the water Jerusalem Bay near Cowan around 30km north of Sydney harbour. NSW Police confirmed in a statement all six people on board the aircraft were killed when it crashed into the water at around 3:15pm. “Police divers are on scene and the six bodies have now been recovered from the wreckage,” the statement said. “Police [...]

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‘Bewildering!’ Barnier’s dismissal of UK finance expertise could HARM eurozone | City & Business | Finance

It has been a turbulent 12 months for the union of 19 EU member states which have adopted the euro as their common currency with many of their zone’s biggest contributors embroiled in internal battles now making global headlines. But behind closed doors concerns are being raised over EU rules and red tape as the zone continues to struggle 10-years after the 2018 financial crisis. Express.co.uk spoke to a number of financial experts on what comes next for the Eurozone [...]

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Britons could begin Christmas holidays on 11 December if it wasn’t for IT issues

Daniel Leal-Olivas/ Getty Images IT issues are such a key stumbling block to British business productivity that if it wasn’t for them, most Britons could have wrapped up work two weeks before Christmas, a new survey has shown. According to research carried by Censuswide on behalf of US software provider Citrex, some 89% of employees in Britain are left waiting to get work done every day due to problems with technology. Among the 1,000 employees surveyed, 23% admitted spending between three [...]

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Ripple Briefly Achieves $100 Billion Market Cap, Can it be Justified?

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Ripple, the cryptocurrency that was designed to handle large volumes of transactions for banks and financial institutions, recently surpassed Ethereum to achieve a staggering $100 billion Market cap. Justification of Ripple’s Market Cap However, some experts including Ryan Selkis of ConsenSys revealed that it is difficult to justify the Market cap of Ripple at this phase of development and adoption, given that not many banks out of the [...]

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The real Brexit challenges facing the UK in 2018

Experimental feature Listen to this article Play audio for this article Pause Experimental feature or Give us your feedback Thank you for your feedback. What do you think? I‘ll use it in the future I don‘t think I‘ll use it Please tell us why (optional) Send Feedback In 2018 the real Brexit negotiations begin. The phase one political agreement between the UK and EU — on financial obligations, rights of expatriate people and Ireland — was a preamble. Concluding a formal treaty governing the UK’s withdrawal in March 2019 [...]

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Building firm bids to get more women into construction industry

ONE of the largest privately-owned housebuilders in the UK is bidding to attract more women into the construction industry. Bloor Homes is hoping that recent key female appointments at the company will encourage more women to consider a career in the sector. The developer has recently taken on its first female trainee site manager – Samantha Lees at the Laurel Grove development in Fareham – and bricklaying apprentice. The firm says these are [...]

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From inflation to taxes, 2017 has been tough on our finances

AS FAR as personal finances go, 2017 has not been a great year. With inflation rising throughout the year to reach a near six-year high of 3.1 per cent in December while wage growth hit just 2.2 per cent, we are all getting that little bit poorer in real terms. This is only going to get worse, with the Bank of England finally raising its base rate from 0.25 per cent to 0.5 per [...]

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Black Friday sales deliver huge boost to retail sector

People walk past a Christmas window display at a Selfridges store on Oxford Street in London Neil Hall/ Reuters Black Friday sales helped retail sales soar past forecast in November as Britons splashed on household goods, official data released on Thursday (14 December) showed. According to the Office for National Statistics (ONS), when including auto fuel, retail sales climbed 1.1% month-on-month, compared with analysts’ forecast for a 0.4% increase, while the 0.3% increase recorded in October was revised up to 0.5%. On [...]

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Bitcoin ransom of $1m paid for cryptocurrency boss

Roman Olearchyk in Kiev and Hannah Murphy in London December 29, 2017 Experimental feature Listen to this article Play audio for this article Pause Experimental feature or Give us your feedback Thank you for your feedback. What do you think? I‘ll use it in the future I don‘t think I‘ll use it Please tell us why (optional) Send Feedback An executive of a UK-registered cryptocurrency exchange kidnapped in Ukraine this week has been released after paying a ransom of more than $1m in Bitcoins, according to an adviser to the Ukrainian [...]

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