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France’s Central Bank: Keep Financial Institutions Out of Crypto

France’s central bank wants to keep banks and other financial institutions out of the cryptocurrency business. In a report published at the beginning of March, the Bank of France proposes to ban insurance companies, banks and trust companies from “taking part in deposits and loans in crypto-assets.” It also advocates prohibiting all Marketing of “crypto-asset” savings products to the public, save for the “most informed Investors.” The report, which provides an overview of the technology and suggests strict regulatory provisions, [...]

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How digital footprints paved way to weaponising social media

Murad Ahmed in London, Hannah Kuchler in San Francisco, Matthew Garrahan in New York March 18, 2018 If you “like” curly fries on Facebook, you are more likely to have a high IQ. This may not appear to be an observation that could lead to the mass manipulation of an electorate, but the finding came from a scientific breakthrough that led to the weaponisation of Facebook as a powerful political tool and helped Donald Trump capture the US presidency. Around five [...]

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BoE deputy says stock market turmoil is not the start of a new financial crisis

Dr Ben Broadbent, deputy governor of the Bank of England’s monetary policy committee Reuters Bank of England Deputy Governor Ben Broadbent has spoken to calm fears after a volatile week on the stock Markets – he played down the notion there were similarities with conditions before the 2008 global financial crisis. Broadbent told the BBC’s Today programme that while Markets had taken a hammering this week, this should be understood against the context of months of sharp gains on the back [...]

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DNA testing could be used to authenticate Scotch Beef

A study to look at the feasibility of introducing DNA traceability as an additional measure to guarantee the authenticity of Scotch Beef PGI (Protected Geographical Indication), is being commissioned by Quality Meat Scotland (QMS). The study follows a period of engagement with different parts of the Scottish meat industry, to gauge the level of industry support for the potential introduction of an official programme of DNA traceability system. QMS Chairman Jim McLaren said the [...]

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Savills marketing offices at Berrywood Business Village just off M27

SAVILLS has been appointed by the owners of Berrywood Business Village to let two small office buildings on the established estate, just off Junction 7 of the M27 at Hedge End. Unit 1 provides 1,289 sq ft (119 sq m) of space alongside seven car spaces and is available at an annual rent of £24,500. Unit 2 is a 637 sq ft (59 sq m) property with four car parking spaces and an annual rent [...]

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Pension 2018: Changes in April sees state pension increase – how much will it go up? | Retirement | Finance

he State pension is set to rise from April 6, 2018. How much you get paid weekly will depend on your National Insurance record. If you reached State Pension age before 6 April 2016, you’ll get the basic State Pension but those who reached pension age on or after this date will get the new state pension under the new rules. The new rules affect men born on or after April 6, 1951 and for women born on or after [...]

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White House alumni face an uncertain future

Andrew Edgecliffe-Johnson in New York March 17, 2018 Washington’s revolving door has never spun so fast. In the past month alone, top officials including chief economic adviser Gary Cohn and secretary of state Rex Tillerson have resigned from Donald Trump’s administration or been told to leave. Some of the people closest to the president, including communications director Hope Hicks, have also gone, feeding talk of turmoil that Mr Trump dismisses. Reports are rife of more exits to come. Kathryn Dunn Tenpas [...]

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Bitcoin Slips to $7,840 as Sell Volumes Intensify, Cryptocurrency Market Slumps

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The valuation of the cryptocurrency Market, which hovered near the $470 billion mark merely two weeks ago, has declined to $313 billion, as major cryptocurrencies including Bitcoin fell in value. Bitcoin Slumps Over the past 24 hours, the price of Bitcoin fell from $8,600 to $7,840, by nearly $800. While trading volumes of most major cryptocurrencies across leading exchanges remain low overall, Bitcoin’s daily trading volume has been [...]

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Food rots in UK fields as Eastern European migrant workers stay home

Apple pickers in Worcester Matt Cardy/Getty Images British farms had 4,300 unfilled vacancies in 2017 with food left to rot in fields and farmers facing significant financial losses, according to survey data from the National Farmers Union (NFU). The survey shows that 99% of seasonal workers who were recruited came from Eastern Europe, with just 0.6% from the UK. The NFU’s data showed that 12.5% of all vacancies were unfilled in 2017 – the first time it has recorded a shortfall since [...]

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Impatient Macron presses Merkel on eurozone reform

Anne-Sylvaine Chassany in Paris, Guy Chazan in Berlin and Mehreen Khan in Brussels March 16, 2018 Emmanuel Macron pressed Angela Merkel to reinvigorate plans to overhaul the eurozone on Friday, as concerns grow in Paris over Berlin’s commitment to meaningful reforms. The French president conveyed his impatience over the slow progress of negotiations at a meeting with the German chancellor at the Elysée palace. “Today an important chapter is opening up, during which we have a lot to do to outline a [...]

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