Steve Hilton, Host of 'The Next Revolution,' weighs in on Trump's foreign policy record ahead of the 2020 presidential election.
Steve Hilton, Host of 'The Next Revolution,' weighs in on Trump's foreign policy record ahead of the 2020 presidential election.
Jim Hanifan, the former St. Louis Cardinals coach who returned to the city as offensive line coach to help the Rams win the Super Bowl, has died. Hanifan’s daughter, Kathy Hinder, told the St. Louis Post-Dispatch that he died Tuesday at Missouri Baptist Hospital. The Cardinals' head coach from 1980-85, Hanifan is best known for his offensive lines as an assistant with St. Louis and Washington.
Country diary: a mast year for the mighty oak. Old Sulehay, Northamptonshire: Acorns the size of artillery shells lie strewn underneath the autumnal foliage
The Elevator Market is poised to experience spend growth of more than USD 17 billion between 2020-2024 at a CAGR of over 4.50%
(Bloomberg) -- Global equities headed for fresh all-time highs on Thursday as stocks pushed higher in Asia. Crude oil continued its advance toward $46 a barrel.Asian stocks saw modest gains and European equity futures were steady. S&P 500 futures ticked up after the benchmark pulled back from a record, and the Dow Jones Industrial Average fell below 30,000. Treasury futures edged higher after U.S. bonds ended Wednesday flat. The dollar held an overnight decline.Traders are off for the Thursday Thanksgiving holiday that will keep U.S. markets closed. A deluge of data on Wednesday brought the first back-to-back rise in weekly U.S. jobless claims since July, an uptick in durable goods orders and a widening trade deficit.Minutes from the Federal Reserve’s latest meeting did little to alter views. The central bank discussed at the Nov. 4-5 meeting providing more guidance on its bond-buying strategy “fairly soon” but didn’t see a need for immediate adjustments. An MSCI gauge of global shares has stalled after gaining 13% in November -- still set for the best month since 1988 -- on progress toward a coronavirus vaccine.“We believe the market rally can continue from here powered by all the positive vaccine news, more political clarity with a peaceful White House transition and with more stimulus to come,” Xi Qiao, managing director at UBS Global Wealth Management, said on Bloomberg TV. “We are already seeing a strong rotation into cyclical and reopening trades with the vaccine news and we expect this trend to continue,” she said.Elsewhere, the won ticked higher after South Korea’s central bank kept its key interest rate unchanged as expected. Bitcoin was down more than 5% and Ethereum lost 10% on Thursday, following the recent surge.Here are some key events coming up:U.S. celebrates the Thanksgiving holiday on Thursday. The stock market closes at 1 p.m. on Friday.The week ends with Black Friday, the traditional start of the U.S. holiday shopping season.Here are the main moves in markets:StocksS&P 500 Index futures rose 0.1% as of 2:15 p.m. in Tokyo. The gauge slid 0.2% on Wednesday.Japan’s Topix index gained 0.5%.Shanghai Composite was flat.Hang Seng Index gained 0.1%.South Korea’s Kospi index rose 0.6%.Euro Stoxx 50 futures climbed 0.1%.CurrenciesThe Bloomberg Dollar Spot Index was little changed.The euro bought $1.1925, up 0.1%.The offshore yuan traded at 6.5593 per dollar, up 0.1%.The yen rose 0.1% to 104.31 per dollar.BondsThe yield on 10-year Treasuries was at 0.88% on Wednesday.Australia’s 10-year yield was at 0.91%, down two basis points.CommoditiesWest Texas Intermediate crude gained 0.5% to $45.92 a barrel.Gold added 0.2% to $1,810.57 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Nate Reuvers had 18 points and nine rebounds to lead No. 7 Wisconsin past Eastern Illinois 77-67 on Wednesday night in the season opener for both teams. Ben Carlson came off the bench to score 13 points for the Badgers, and D’Mitrik Trice added 11. Josiah Wallace led Eastern Illinois with 16 points.
Sudan’s former prime minister and top opposition figure Sadiq al-Mahdi died from a coronavirus infection on Thursday, his party said. The 84-year-old was the country’s last democratically elected prime minister before he was toppled in 1989 by now-ousted president Omar al-Bashir in an Islamist-backed military coup.The leader of the moderate Islamist National Umma Party was transferred to the United Arab Emirates for treatment three weeks ago after being hospitalised in Sudan and testing positive for Covid-19.“We offer our condolences to the Sudanese people over his death,” the party said in a statement.Mahdi was a staunch opposition figure during Bashir’s long rule and threw his weight behind a mass-protest movement that eventually prompted the military to overthrow the president last year.>> The Interview: 'Independent investigation' needed into protest crackdown, Sudan opposition leader tells FRANCE 24Since his ouster, Bashir has been jailed in Khartoum’s high security Kober prison, and was found guilty last December of corruption.He is currently on trial in Khartoum for his role in the 1989 coup that brought him to power and the International Criminal Court (ICC) has charged him for alleged war crimes in the Darfur war that began in 2003.If convicted, Bashir and his co-accused—including former top officials—could face the death penalty.Sudan has so far recorded nearly 17,000 coronavirus cases including more than 1,200 deaths.(AFP)
The 2020-21 NBA season is fast approaching. Keep up with the latest.
As coronavirus cases surge again nationwide, the Supreme Court late Wednesday temporarily barred New York from enforcing certain attendance limits at houses of worship in areas designated as hard hit by the virus. The justices split 5-4, with new Justice Amy Coney Barrett in the majority, her first publicly discernible vote as a justice. Earlier in this year, when Barrett’s liberal predecessor, Justice Ruth Bader Ginsburg, was on the court, the justices divided 5-4 to leave in place pandemic-related capacity restrictions affecting churches in California and Nevada.
Maradona was regarded as one of the greatest players of all time, with fans in Argentina referring to him as 'El Dios' - which means 'The God', but is also a play on words on his number 10 shirt, 'El Diez.' Maradona's former club Napoli have not used the No. 10 shirt since 2000 as a mark of respect for the player who guided them to several trophies and Villas-Boas said global soccer body FIFA should also pay tribute by withdrawing the number. "Maradona, yes it is tough news, I would like FIFA to retire the number 10 shirt in all competitions, for all teams," Villas-Boas told reporters after Marseille's 2-0 Champions League defeat by Porto.
Singapore-based DBS Group Holdings stepped in to bail out Lakshmi Vilas Bank.Several global investors are in the fray to take over the fraud-hit Dewan Housing Finance.
The Rotary Steerable Systems Market will grow by USD 2.43 bn during 2020-2024
Diego Maradona's career was plagued by a number of scandals on and off the field.
(Bloomberg) -- Indonesia’s lenders are pushing back against central bank pressure to further lower interest rates for their customers, a step policy makers believe can help pull the economy out of recession.The banks say the real problem is that people don’t want to borrow in the first place. Loans shrank in October for the first time on record, down 0.47% from the year-earlier period. Bank Indonesia Governor Perry Warjiyo said the contraction was due to lenders’ risk-averse attitude and could have been avoided if they had lowered rates for customers in line with central bank easing.“At a time like now, people just aren’t looking to obtain loans because their activities are limited anyway,” said Haru Koesmahargyo, finance director at state-owned PT Bank Rakyat Indonesia, which has the biggest credit portfolio among Indonesian banks at 935.3 trillion rupiah ($66 billion).Banks’ reluctance to cut borrowing costs poses a hurdle for President Joko Widodo’s plan to lift Southeast Asia’s largest economy out of its first recession in more than two decades. People are limiting their spending as unemployment surges to a nine-year high and businesses are delaying investments as the country grapples with Southeast Asia’s worst coronavirus outbreak, at more than 500,000 total cases.While the central bank has cut its key rate by 225 basis points since June 2019 to a record-low 3.75%, PT Bank Central Asia, the largest lender by market value, has eased rates for customers by only about 100 basis points during the same period. Bank Rakyat has cut borrowing costs by 25 to 50 basis points this year, short of the 125 basis points the monetary authority has cut policy rates in 2020.“Why haven’t loan rates declined yet? Because of risk perception by banks,” Warjiyo said at a Nov. 19 monetary policy briefing. The central bank is meeting with lenders and businesses to boost lending, with sectors including food and beverages, telecommunications and basic minerals likely to drive the demand, he said Tuesday.Bank Rakyat shares were among the biggest laggard in Indonesia’s stock benchmark on Thursday, declining 0.9% as of midday break, while the Jakarta Composite Index surged 0.7%. BCA gained 0.2%.Loan RestructuringBanks have reason for being hesitant to lend: Non-performing loans have stayed above 3% since May as individuals and companies struggle to repay debts, which could put pressure on banks’ balance sheets.The Financial Services Authority said it’s only a matter of time until lending rates drop; the main issue holding banks back is ongoing loan restructuring, according to Chairman Wimboh Santoso. More than 932 trillion rupiah of loans had been restructured this year as of Oct. 26, equivalent to about 17% of total borrowing.A few sectors are already showing early signs of recovery, including insurance, chemicals and pharmaceuticals, and the FSA will push for more credit growth from those industries, it said in a statement Thursday.Bank Rakyat is putting loan growth on the back burner to focus on improving the quality of current loans, Koesmahargyo said. It’s targeting loan growth of 4%-5% this year, compared with 8.3% in 2019.“Credit and rates aren’t the key issue now,” according to BCA President Director Jahja Setiaatmadja, who expects the bank’s loans in 2020 to remain the same as 2019. “If we want to boost the economy, just use government subsidies to directly support the industries, instead of relying on loans.”(Updates with FSA statement in 10th paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The Bank of Japan is quietly walking back its unpopular negative interest rates policy with a controversial scheme designed to drive mergers among weaker, smaller lenders, a move some insiders see as a risky deviation into industrial reform. As COVID-19 adds pain for regional banks suffering from years of ultra-low interest rates, the BOJ this month unveiled a plan to pay 0.1% interest on deposits held by lenders that cut costs, boost profits or consolidate. The programme means the BOJ will for the first time offer payouts to a specific industry with the aim of driving reform in that sector.
Flooding hit New Orleans, Louisiana following a severe thunderstorm on November 25.The National Weather Service had issued a flood advisory for parts of Jefferson, Orleans and St. Bernard Parishes.Footage posted to Facebook by April Catarella shows water inundating a street in the city’s Navarre neighborhood. Credit: April Catarella via Storyful
BoM outlook warns eastern Australia could face flooding in wetter-than-average summer. Active La Niña event until February could bring deluge to east coast, but bushfire risk still high in south-east
'Betrayed and abandoned': Dfat reveals 36,875 Australians still stranded overseas. Despite Scott Morrison boasting 35,000 have come home since September, officials reveal just 14,000 of those were registered with Dfat
Six members of the Pakistan cricket squad in New Zealand have tested positive for COVID-19 and have been moved from managed isolation into quarantine. Two of the cases are deemed historical and four are new but all six players will move to the quarantine arm of their isolation facility. The Pakistan team’s exemption to train while in managed isolation will be withheld until an investigation has been completed.
The Retail Self-checkout Terminals Market will grow by USD 2.54 bn during 2020-2024
China Biologic announced its third quarter 2020 financial results on November 24th, 2020, after the market closed. Today, you will hear from China Biologic's Chairman and CEO, Mr. Joseph Chow, who will start off the call with a review of the Company's basic operating results and report recent developments. China Biologic's CFO, Mr. Ming Yang, will be available during the Q&A session following the prepared remarks.