The dollar fell for the first time in six business days. The stock had been rising due to a series of statements by US Federal Reserve officials suggesting they would delay interest rate cuts, but now there are signs of profit taking.
The dollar fell 0.3% against the yen to 154.32 yen. In a joint statement issued after the first meeting of finance ministers held on the same day, Japan, the United States and South Korea expressed their “grave concerns about the recent rapid depreciation of the yen and won,” and said they would ” discuss trends in the foreign exchange market closely.” The agreement to hold discussions on the following issues led to the fall of the dollar. See more
“These statements are unusual, and intervention by the Japanese monetary authorities may be imminent,” said Helen Given, a foreign exchange trader at Monex USA in Washington. “There may be some concrete movement by the end of the week,” he said.
The last time the government and the Bank of Japan intervened in the foreign exchange market was in 2022. The line of defense for this expected intervention was initially 152 yen, but recently it was considered 155 yen.
A New Form Of Fraud Has Become Popular…
The expert explains that criminals are constantly looking for ways to legalize money embezzled from companies and private individuals. In such cases, they use third parties to involve them in their activities through fake job advertisements.
Those tempted by them can become so-called money mules. This is a person who receives money into his bank account from one person and transfers it to another person, or cashes it out and passes it on to fraudsters, often receiving attractive remuneration or benefits in other ways.
“Therefore, although a money mule is not an organizer of a financial crime, he becomes an accomplice of criminals, and by allowing other persons to use his account, he risks losing his money as well. All banks consider such reckless behavior to be risky, so they may refuse to carry out monetary operations or transactions, terminate business relations, and a person caught in the traps of criminals may even face legal consequences,” the expert emphasizes.
How to recognize fake job offers?
One key feature is that one of the job functions presented in the ad or during a subsequent interview is related to money transfers. On the other hand,
The Powell Pivot And Housing Shortage: Unraveling The…
The Unforeseen Rise in US Inflation Rates
In 2024, the expectations for US inflation to decrease to 2% and for the Federal Reserve to lower interest rates have been shattered. The economy’s resilience and strong labor market have led to unexpected sticky price gains, defying earlier projections.
Impact on Borrowing Costs
Federal Reserve Chair Jerome Powell recently acknowledged the persistence of inflation, signaling that borrowing costs will remain elevated for a longer period than initially anticipated. This shift in stance has far-reaching implications for global economic policies.
According to Bloomberg, Powell’s warning about high rates has created challenges for economies around the world, highlighting the interconnected nature of financial markets.
Ikea, Greenpeace Accuses: Some Furniture May Contain Wood…
The Ikea replica
Ikea reiterates its commitment to respecting biodiversity, but explains that the report uses an incorrect definition of “old-growth forest”, to define which, Ikea claims, the age of the trees is not sufficient, but various criteria must be considered.
«The Greenpeace report suggests that the age of trees is the only criterion for defining primeval forests – says the group’s note -. However, in reality, there are multiple criteria to define primeval forests, age being just one of them. According to the national forest management standard established by the FSC and the Romanian authorities, the criteria for primeval forests include, but are not limited to, the age of the trees, the size of the area with old trees, the composition of the species present, the amount of dead wood, the level of disturbance, such as human intervention, and more. Primeval forest is a category of High Conservation Value Forests (HCVF). This is part of the forestry requirements of the IKEA Supplier Code of Conduct (IWAY). IKEA does not accept wood from Intact Forest Landscapes or other areas identified as HCVF unless the area is certified by the Forest Stewardship Council (FSC). As our wood is FSC certified,
AIR TRANSPORT Fall In The Number Of Passengers…
Air traffic declines for the first two months of 2024.
The number of passengers transported for the months of January and February is decreasing. According to Civil Aviation, this is a natural cyclical rhythm.
A decline has been recorded in relation to air transport activities. Civil Aviation reports a 16% drop in passenger traffic in January, compared to the previous two months. According to available figures, eighty-two thousand people were transported during this period. The local aerial ballet then slows down after the busy period of November and December.
Although tourism fuels the bulk of air traffic as well as comings and goings at international airports, long-haul flights are nevertheless the least frequent during the month of January. Only nearly 15% of passengers are transported on this network, while regional flights constitute the bulk of traffic, or 56% of services in the month of January according to statistics.
This performance is followed by domestic flights, which represent 29% of air traffic. These figures are nevertheless higher than those of the same period in 2023, which confirms the recovery of tourism. Taken on its own, this table shows that there is a “natural cyclical rhythm” of decline in air traffic,
Despite The Recommendations: The Government Prevented The Construction…
Despite the recommendations of the professional level: today (Wednesday) the government once again postponed the construction of two new power plants, by a small majority of 8 against 6. In the settlements nearThe locations ofStations welcome the move, but it may impose on the general public an increase in the electricity rate in the future. The discussion on the establishment of the Mizrahi station (Reindeer) in the south of Sharon will be held again by the Committee for National Infrastructures (VTL) and the establishment of a station OPC2 in her room bother permanently.
Minister of Energy Eli Cohen He asked to convene the discussion opal resistance to these stations, together with Minister of Transportation Miri Regev and Minister of Environmental Protection Idit Sillman. The procedure for approving the stations included an exchange of opinions, recommendations and objections between the Committee for National Infrastructures, who confirmed them twiceand the government, which was avoided.
Today’s discussion had a different meaning Than before, after a change in legislation in the last Settlement Law. If in the past a national plan was approved for the station Force required the approval of the government, today the plan Approved by the planning institution and automatically valid within 21 days,
Bitcoin Price Falls To Critical Zone, Market Uncertain
#bitcoin #price #falls #critical #zone #market #uncertain
Of bitcoin (BTC) price has fallen out of nowhere. For several days now, Bitcoin has struggled to recover from last weekend’s carnage, and another downward move has now dropped the price well below $62,000. While Bitcoin stabilizes in a critical zone, the rest of the market is also plagued by uncertainty.
View of the market
- At the time of writing, the total crypto market cap is $2.39 trillion, which is 0.7% lower than 24 hours ago.
- The price of bitcoin is currently 57,860 euros on the Dutch crypto exchange Bitvavo. The average price of bitcoin on all major exchanges is $61,478. Bitcoin now controls 51.7% of the market, which is almost the same as yesterday.
- $105.06 billion worth of crypto has been traded in the past day.
On the first day of the week, the bitcoin price tested its crucial resistance zone between $66,000 and $68,000. The upward move proved not to be strong enough, and the price was dropped below $62,000. According to analyst Ivan Lagana of Crypto Insiders Premium, the lack of a strong reversal could mean more pain for bitcoin:
”BTC is still hovering around the 62k level without showing a strong reversal,
Saipem Announces Two Lists Of Candidates For Board…
(Teleborsa) – Saipema services and solutions company for the energy and infrastructure sector, announced that they were two lists of candidates filed because of the regeneration Board of Directors on the agenda of the Ordinary Assembly convened for 14 May 2024 (single convocation).
Original list of candidates, jointly presented by the Shareholders Birds e CDP Equalitywhose total interest is equal to 44.01% of the ordinary share capital, consisting of: Elisabetta Serafin; Alessandro Puliti; Francesca Mariotti; Mariano Mossa; Francesca Scaglia; Paolo Sias.
In joint presentation List no. 1, Eni and CDP Equity Shareholders have announced that the applicant Alessandro Puliti who has the special professional skills to be appointed as CEO of the Company. In addition, they suggested naming Elisabetta Serafin Chairman of the Board of Directors.
A second list of candidates for the Board of Directors, presented by a group of shareholders who have confirmed that their total participation is equal to1.26520% of the ordinary share capital, consisting of: Paul Simon Schapira; Roberto Diacetti; Patrizia Michela Giangualano.
2024-04-17 17:46:00
#Saipem #lists #presented #renewal #Board #Directors
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Gaps A Question Of Life And Death
Salehpour points out that according to Boeing documents, gaps between fuselage parts that are greater than 0.005 inches (0.127 millimeters) must be closed. He claims that on more than 1,000 787 aircraft, the major gaps were not closed in two places. Boeing often points out that 0.005 inches is just the thickness of a human hair, he told the Senate Investigations Subcommittee. But in flight, even an error of this magnitude “can be a question of life and death,” emphasized Salehpour on Wednesday.
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