Business


Italian Banks Need to Be Aggressive

News of Renzi's resignation sent the euro plunging to a 20-month low, close to parity against the dollar, amid fears that Italy's instability will re-ignite a European financial crisis. What was it all about? Roger Helmer, Ukip MEP for the East Midlands, said: "Let's be clear: Italy has voted against the EU". Given the reduced uncertainty and expectation that the Italian status quo will be maintained (Italy has had 63 governments in 70 years), even if we see it as less than ideal, we would ...



Trump meets with president of Taiwan

It is a tricky time for the Republican president-elect to be antagonizing China. The phone call between Mr Trump and Ms Tsai was the first direct contact reported between a United States president or president-elect and a leader of Taiwan since Washington established diplomatic relations with Beijing in 1979.


Innovia working on

Innovia working on "potential solutions" to five-pound notes

The Washington Post notes that the Bank of England's fancy new £5 note, which was unveiled in September, is pissing off vegetarians and vegans. A spokeswoman for the Bank of England said: "The new polymer £10 featuring Jane Austen will enter circulation in summer 2017 followed by the J.M.W.


Dead-eye Dodt bosses the tees to retain Australian PGA lead

Dead-eye Dodt bosses the tees to retain Australian PGA lead

After graduating from East Carolina in 2012, Varner spent three years in golf's minor leagues before earning his Tour card last fall. "Then I will find myself in position and getting back to the good old days". Hall eagled the ninth heading to the turn but back-to-back bogeys to end the round saw him drop valuable shots. Dodt then edged his nose back in front with a birdie on the par three 16th but in the group ahead Varner made it two eagles in three holes as he holed out from the 17th ...


Universities exploring 'sanctuary' status for immigrants

Universities exploring 'sanctuary' status for immigrants

These are now known as sanctuary cities. Trump's transition team did not respond to repeated requests for comment, but his platform defines sanctuary cities as those that refuse to cooperate with ICE. "The taxpayers of California should not have to underwrite the sanctuaries", Vaughan said. The practice has broken up families and threatens to separate children from their parents.



Autumn Statement 2016: Key points from Philip Hammond's budget speech

Hammond also announced he is abolishing the Autumn Statement - insisting no other major economy makes hundreds of tax-and-spend changes every year. He noted, however, that the United Kingdom economy was predicted to have grown by 2.1 percent this year, up from the government's previous estimate of 2 percent.