It was a big deal in September 2019 when overnight-lending “repo” rates suddenly spiked as high as 9%, raising concerns on Wall Street and at the Federal Reserve to step in to avoid a potential crisis in a key financing cog of global finance. Now, some 17 months later, pretty …
Read More »: U.S. to require all air passengers arriving from U.K. to test negative for COVID-19
Starting Monday, the U.S. will require all air passengers coming from the U.K. to have a negative COVID-19 test within 72 hours of their departure, the CDC announced late Thursday night. In a statement, the U.S. Centers for Disease Control and Prevention said President Donald Trump will sign the order …
Read More »: Negative bond yields in Greece show incredible turnaround
A pedestrian wears a mask as she walks past EU, Greek and Byzantium flags in central Athens on November 3, 2020. louisa gouliamaki/Agence France-Presse/Getty Images Investors now pay Greece for the privilege of owning its debt, an incredible turnaround from its securities being the source of global financial instability a …
Read More »9 Negative Effects of Improper Rubbish Removal
Proper disposal of unwanted substances or discarding rubbish materials is an important part of living. Cleaning up after you move on, responsibly, takes a lot of effort. It also takes knowledge of sustainable waste rubbish disposal. There may be several negative effects, otherwise. Contamination of Water Bodies from Industrial/Residential Waste …
Read More »London Markets: Britain sells its first bonds at a negative interest rate
The U.K. on Wednesday became the latest country to sell bonds at negative interest rates, showing investor demand for government securities is so high than some are willing to pay for the privilege. According to the Debt Management Office, the U.K. auctioned £3.75 billion ($ 4.6 billion) of 3-year TMBMKGB-03Y, …
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