Tourists told to leave dollars at home as Cuban banks will no longer accept greenback
Tourists told to leave dollars at home as Cuban banks will no longer accept greenback — RT Business News
Germany’s confirmed coronavirus cases rise by 1,489 –
The number of confirmed coronavirus cases in Germany increased by 1,489 to 3,714,969 , data from the Robert Koch Institute (RKI) for infectious diseases showed on Sunday. The reported death toll rose by 18 to 89,834 the tally showed. (Reporting by Berlin Newsroom)
‘Whatever it takes’, UK’s Johnson warns EU over post-Brexit trade
‘Whatever it takes’, UK’s Johnson warns EU over post-Brexit trade * Johnson threatens emergency measures * EU says: We’re completely united * WTO hopes they avoid a trade war Britain will do “whatever it takes” to protect its territorial integrity in a trade dispute with the European Union, Prime Minister Continue Reading
British Airways puts thousands of staff back on furlough
British Airways puts thousands of staff back on furlough (msn.com)
TREASURIES-Bears bail out as 10-year Treasuries eye best week in a year
* Ten-year yield hits 3-month low, investors rush to cover shorts * Ten-year yield down nearly 13bps this week, steepest fall in 1yr * 2s/10s spread hits narrowest since Feb The U.S. yield curve flattened and benchmark 10-year Treasuries were headed for their best week in a year on Friday Continue Reading
Universal Basic Income pilot could see everyone aged 18-64 in UK trial get £213 per week
https://www.express.co.uk/finance/personalfinance/1447594/universal-basic-income-Wales-uk-ubi-amount-rates-trial-pilot/amp
Indian shares rise on financials boost as COVID-19 cases fall
Indian shares edged up to hover near record highs on Wednesday, with heavyweight financial companies leading gains, as risk sentiment improved on strength in global markets and declining COVID-19 cases at home. The blue-chip NSE Nifty 50 index NIFTY was up 0.14% at 15,763.85, while the benchmark S&P BSE Sensex .BSESN rose Continue Reading
El Salvador approves law allowing bitcoin as legal tender
El Salvador’s congress at midnight on Tuesday approved a proposal from President Nayib Bukele for a law to classify bitcoin as legal tender, making the Central American nation the first in the world to do so. A majority of lawmakers voted in favor of the initiative to create a law Continue Reading
UK house prices rise by most since 2014 – Halifax
British house prices in May were 9.5% higher than a year earlier, their biggest annual increase since June 2014, adding to signs of a boom in the property market, figures from mortgage lender Halifax showed on Monday. Britain’s housing market has seen a sharp rise in sales and prices over Continue Reading
Hard to know how much UK will get from G7 tax deal, Sunak says
British finance minister Rishi Sunak said it was hard to estimate how much a new agreement by the Group of Seven rich nations on a minimum corporate tax would raise because further talks were required at the G20. Asked if he had an estimate of how much the agreement could Continue Reading