Tuesday, February 20

Day: February 27, 2017

Sterling tumbles on renewed reports of a second Scottish independence vote
ENGLISH, United Kingdom

Sterling tumbles on renewed reports of a second Scottish independence vote

    The pound fell during early Asian trading after reports that Scotland could be about to call a second independence referendum. Concerns around a renewed push for Scottish independence have increased in strength since the EU referendum, however yesterday the Times reported that Theresa May is preparing for another vote. The pound tumbled to $1.2392 against the dollar in the early hours of this morning, and at pixel time was hovering around $1.24. The Scottish concerns are, in fact, nothing new, said LCG Insight's Ipek Ozkardeskaya. The UK’s decision to quit the European Union had immediately triggered questions regarding Scotland’s future in the United Kingdom. However, the eventuality hasn’t been largely factored in the pound’s value so far. If Scotland decides to proceed ...
EU expands North Korea sanctions
Asia, ENGLISH

EU expands North Korea sanctions

    The European Union imposed additional sanctions on North Korea on Monday over nuclear and ballistic missile tests carried out in defiance of the UN Security Council. The decision, implementing a November UN resolution, comes with North Korea in the international spotlight after the assassination in Kuala Lumpur airport of Kim Jong-Nam, the estranged half-brother of leader Kim Jong-Un. The European Council, comprising the EU’s 28 member states, said the new measures include restrictions on trade in coal, iron and iron ore, plus a ban on imports of copper, nickel, silver and zinc from North Korea. The sale of new helicopters and vessels to North Korea was banned, while tighter controls were introduced on the transport, finance and property sectors. Member states will also cu...
This Seemingly Harmless Pain Could Be A Sign Of Early Death
ENGLISH, Life Style

This Seemingly Harmless Pain Could Be A Sign Of Early Death

    As if you needed something else to worry about, a new study now suggests that your seemingly harmless back pain could be a sign of something far worse: early death. According to the study conducted by researchers from the University of Sydney, there is a clear link between back pain and early mortality, although they aren’t yet sure why. According to the study, now published online in European Journal of Pain, individuals who suffer from chronic back pain are 13 percent more likely to die early from any cause. According to the researchers, this finding is significant as many view back pain as harmless and nothing more than a slight inconvenience.These results suggest otherwise. These findings warrant further investigation because while there is a clear link between back pa...
Trump team looks to circumvent WTO dispute system
America, ENGLISH

Trump team looks to circumvent WTO dispute system

    The Trump administration is exploring alternatives to taking trade disputes to the World Trade Organisation in what would amount to the first step away from a system that Washington helped to establish more than two decades ago. Incoming officials have asked the US Trade Representative’s office to draft a list of the legal mechanisms that Washington could use to level trade sanctions unilaterally against China and other countries. Their goal, people briefed on the request told the Financial Times, is to find ways that the new administration could circumvent the WTO’s dispute system. Since being established in 1995 the WTO has become the pre-eminent venue for resolving trade fights between member countries, which its proponents say has helped prevent destructive trade wars....
Britain set to be colder than Moscow as temperatures plunge to -8C
ENGLISH, United Kingdom

Britain set to be colder than Moscow as temperatures plunge to -8C

    Britain is set to be colder than Moscow tomorrow as an horrendous start to spring sees -8C (18F) lows, four inches snow and ice - less than a week after Storm Doris caused UK-wide devastation. And an even bigger bigger polar plunge chill is due next week with two colder-than-average months forecast. The Met Office has forecast -8C lows tomorrow and on Wednesday morning - the first day of spring - coldest in Scotland but with -6C as far south as Wales. That will make Britain colder than Moscow, which will see 1C lows. Government weathermen predicted up to an inch of snow by Wednesday morning on hills in the South-West and West, and up to four inches in Scotland, with more snow in the North from Friday. Ice warnings are expected every night until the weekend as heavy rain so...