Tension and uncertainty stalk trade talks
The next round of talks between David Frost and the EU's Michel Barnier take place next week
Despite the fear, the misery and the suffocating uncertainty of Covid-19, by now you've no doubt heard on the Brussels-Paris-Berlin-Dublin-Belfast-London grapevine: the post-Brexit trade talks between the EU and the UK are in trouble.To get more news about PGWG, you can visit wikifx news official website.
Sure, there's agreement in basic free trade discussions but clashes on key issues remain. On Tuesday, Ireland's Foreign Minister Simon Coveney said the two sides looked like they were heading for a crisis which, from the Irish perspective, was “very, very serious”.
So, should we be concerned？
Ok, I'm being intentionally provocative. I'm hoping you'll peruse this blog on Brexit even though you're drowning in must-reads on coronavirus. But I certainly don't mean to be flippant.
Image copyrightEuropean Commission
The fact is: a crisis was always predicted in EU-UK trade talks. They are multi-layered and complicated. The first time ever in trade negotiations that two parties are focused on loosening the ties that bind them (now the UK is no longer an EU member state) rather than creating new and closer bonds.
What the two sides want
The UK seeks more than a basic economic relationship with the EU, whatever impression some UK politicians may seek to give.
For example, the UK government hopes to continue to benefit from EU-wide data sharing arrangements. It wants access to the central intelligence database of the EU's law enforcement agency Europol. Germany is not at all keen on that idea. It says once you've left the club, forget the perks. You can't have your cake and eat it.
The two sides want to work together in research and development, transport, chemical waste, law enforcement and judicial co-operation. Then there's the contentious issue of fish: to what extent EU fishermen will be allowed access UK waters.
Here, the UK turns the tables and accuses Brussels of trying the cake-and-eating-it routine. The EU wants to keep the same fishing quotas as when the UK was a member state. And if there's no agreement on fishing, the EU threatens, there'll be no trade deal at all..
The EU is also deeply concerned about possible unfair competition. UK businesses know the EU market well and have great contacts after more than 40 years of membership.
Brussels worries that if the UK slashes regulations such as labour, state aid and/or environmental rules in the future, then that will give UK businesses an advantage over European ones in their own single market. So, the EU wants a commitment from the UK to keep in line with its competition regulations long after Brexit. Something the UK says as a sovereign country it cannot and will not do.
It points out the EU did not impose similar demands on Canada in their zero-tariff, zero-quota trade deal.
The EU response: Canada doesn't have zero tariffs, zero quotas in all areas such as agriculture. UK farmers presumably wouldn't be thrilled, says Brussels, if they were left out in the cold.
Also, EU leaders, such as Germany's Angela Merkel, view the UK as a far bigger threat on their doorstep. Geographically far closer than Canada; trade volumes far higher.
UniversalFX even wants extra 10% withdrawal fee
An investor complained against UniversalFX, saying that the broker charged extra “tax fee” before approving his withdrawal application.To get more news about WikiFX, you can visit wikifx news official website.
One of his friends introduced to him a trader named Michael O Bolton, who worked for UniversalFX. The investor was invited to join a Facebook group, which provided customer service support to customers. The investor bought US$2,720 of BTC at UniversalFX. After a few months, his investment had grown to US$28,500.
The investor filed a withdrawal application and was informed by Michael O Bolton that he needed to pay 10% extra tax fee before withdrawing. The investor was wondering why UniversalFX did not deduct it from his account balance, but needed an additional payment, so he asked the UniversalFX whether they can charge it from his account balance. But the trader, Michael O Bolton, rejected the proposal by saying that UniversalFX never allowed such a practice, and the investor was later blocked by Michael from the Facebook group. UniversalFX refused to approve his withdrawal application unless he pay the so-called tax.
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3 Things You Need to Do Before You Start Trading Full Time-Karen Foo
Recently there has been a massive surge of aspiring traders and investors rushing to open a brokerage account.To get more news about WikiFX, you can visit wikifx news official website.
Yes. With crisis comes opportunities, but if youre in a position where you have zero or very little experience in the financial markets, you are literally jumping out of the plane without a parachute.
I want to share with you 3 things you need to do before you take the leap of faith so that you dont get burnt by the financial markets.This is the first and most important step that most get-rich-quick traders skip. They want to come out of this a millionaire.
This just shows that most people are just ignorant and delusional when it comes to making money in the financial markets.
Due to the fact that most people are not willing to put in the patience, they would blow their accounts really fast and get burnt.
I‘ve received so many emails from people telling me that they’ve blown their accounts because they never took the time to learn trading properly and because they rushed the whole process.
Most people think that they can just quit their jobs and go into full time trading within 1 month. There are even people who think that I encourage people to quit their jobs after watching 1 YouTube video on my channel, which just portrays their complete ignorance.
Some people would read about the overnight bitcoin millionaire or options millionaire and envision that they can achieve the same results.
The truth about trading is that you just cant watch 10 trading videos and go into trading a live account the next day. Neither can you attend a 2-day workshop and then go into full time trading within 1 month.
Just like any other profession, you need to give it some time. The average trader takes 3 years to become profitable, and youre thinking that you can get there within 3 months？!
I don‘t care if you attend workshops, watch videos or read books to learn trading, just make sure that you don’t skip this step.
I don‘t care who you learn from. Just make sure you learn from a proven mentor rather than someone who just shoves you the get-rich-quick lifestyle. And also, don’t learn from me if you dont like my content or videos. Simple as that.
2. Decide whether trading is for you
Being an entrepreneur is not for everyone. Some people are just born to be employees, and thats fine. Same thing with being a trader or investor. It is just not for everyone.
If you feel that trading is not for you, you are free to go pursue something else. There are lots of ways to make money nowadays from e-commerce, freelancing, drop-shipping or even starting your own café. Trading is just one of those ways to make money.
If you find yourself getting bored from looking at charts and reading trading books, then this might not be suitable for you.
If you find yourself being more interested in finding out how to make good coffee than how to trade the EUR/USD, then maybe trading isn‘t’ for you.
Can you imagine if Gordan Ramsay decided that he should pursue trading instead of cooking because trading is more profitable？ The thing is, if youre super good at what you do, you can make money from any industry that you pursue.
You need to have passion in the financial markets to help you withstand those day where you feel like quitting, because trust me, you will have those days.
Passion is the one thing that will get you up in the morning to check the markets even when you feel tired. Passion will keep you going when it gets hard.
3. Have a Proven Trading Plan & Strategy
Over the years of meeting so many traders, I realized that most traders go into trading without a proper plan. Basically, they gamble the markets without a proper strategy.
Without a proper and proven strategy, you are literally setting yourself up for failure. If you have a losing trade today, you wouldnt know exactly why did you lose money. That is a big problem.
If you don‘t know the reason why you lost money, you wouldn’t learn from it and hence you would be forever stuck and not progress.
Being a random trader will not get you anywhere. Neither is using a strategy that youre not comfortable with using.
A lot of traders follow strategies that are given to them by their mentor or after finding out about it in a forum without taking into account their trading personality.
And speaking of online forums, they are also where most losers gather. So if you want to be a loser as well, be my guest and join them!
Anyway, as I was saying. If you have a trading personality that is suitable for short term trading, then there is no point for you to go out there and buy a trend following trading system that would require you to hold your trades long term. It just doesnt make sense!
And yet so many traders are going around asking questions like “What strategy or indicator do you use？”. As if after getting the answer, they will miraculously turn into a millionaire trader, which is complete nonsense.
That is like asking Tiger Woods, “What golf set brand do you use？”. This is the kind of ignorant and delusional thinking that cause most traders to lose. They think that trading is all about having the best strategy ever.
Bank of England warns of deepest recession on record
The Bank of England has warned that the coronavirus pandemic will push the UK economy towards its deepest recession on record.To get more news about Financika, you can visit wikifx news official website.
It said the economy was on course to shrink 14% this year, based on the lockdown being relaxed in June.
Scenarios drawn up by the Bank to illustrate the economic impact said Covid-19 was “dramatically reducing jobs and incomes in the UK”.
Policymakers voted unanimously to keep interest rates at a record low of 0.1%.
However, the Monetary Policy Committee (MPC) that sets interest rates was split on whether to inject more stimulus into the economy.
Two of its nine members voted to increase the latest round of quantitative easing by £100bn to £300bn.
The Bank's analysis was based on social distancing measures being gradually phased out between June and September.
The Bank's scenario showed the UK economy plunging into its first recession in more than a decade. The economy shrinks by 3% in the first quarter of 2020, followed by an unprecedented 25% decline in the three months to June.
This would push the UK into a technical recession, defined as two consecutive quarters of economic decline.
For the year as a whole, the economy is expected to contract by 14%. This would be the biggest annual decline on record, according to Office for National Statistics (ONS) data dating back to 1949.
It would also be the sharpest annual contraction since 1706, according to reconstructed Bank of England data stretching back to the 18th Century.
While UK growth is expected to rebound in 2021 to 15%, the size of the economy is not expected to get back to its pre-virus peak until the middle of next year.
Andrew Bailey, Governor of the Bank of England, said he expected any permanent damage from the pandemic to be “relatively small”. The economy was likely to recover “much more rapidly than the pull back from the global financial crisis,” he said.
Mr Bailey also praised the action by the government to support workers and businesses through wage subsidies, loans and grants. He said the success of these schemes meant there would be “limited scarring to the economy”.
James Smith, research director at the Resolution Foundation, said the hit to the economy this year was equivalent to £9,000 for every family in Britain.
He said: “Faced with this huge economic hit, both the Bank and the Government have made the right call in taking bold action to protect firms and families as much as possible.”
The UK government is expected to start easing lockdown restrictions next week.
The Bank stressed that the outlook for the economy was “unusually uncertain” at present and would depend on how households and businesses responded to the pandemic.
It assumes job losses and shrinking pay packets will continue to weigh on the recovery, with British families remaining cautious about shopping and socialising for at least another year.
Wales announces modest changes to coronavirus lockdown
Wales has announced plans to modify the coronavirus lockdown so that from Monday people can exercise more than once a day, garden centres can reopen, and the government will look at reopening libraries and recycling centres.To get more news about Lockwood, you can visit wikifx news official website.
Prime Minister Boris Johnson is due to announce the next steps in Britain's battle to tackle the coronavirus on Sunday following a review by ministers of the current measures that have kept millions at home for over six weeks.
“We believe there are some small and modest adjustments, which we could make to the regulations,” said Mark Drakeford, who heads the country's devolved government. “These very small and modest adjustments are things we know that we can do safely without having an impact” on the reinfection rate.
Average weekly earnings are expected to shrink by 2% this year, reflecting the fall in wages for furloughed workers.
The Bank said sharp increases in benefit claims are “consistent with a pronounced rise in the unemployment rate”, which is expected to climb above 9% this year, from the current rate of 4%.
Under the Bank's scenario, inflation, as measured by the consumer prices index (CPI) falls to zero at the start of next year amid the sharp drop in energy prices.It is also expected to remain well below the Bank's 2% target for the next two years.
The Bank warns that this is not a typical forecast and that “many other scenarios are plausible”. But these numbers provide the sharpest analysis yet of the economic challenge of the virus and its pandemic.
Nonetheless the Bank has chosen to continue with levels of economic stimulus announced last month. The Monetary Policy Committee chose to keep base rates at their record low of 0.1% and its bond buying quantitative easing programme at £645bn.
Two members of the nine-member MPC voted to further increase the funds pumped into the government borrowing market by £100bn, suggesting the Bank may yet do more.
man gets $1 million on lotto scratch off ticket
A recent stop at the Stewart’s Shop in Meco for a coffee and a scratch-off ticket on his way home from grocery shopping made Michael Bennett of Johnstown $1 million richer.Get more news about 菲律宾彩票包网服务,you can vist loto98.com
Bennett hit the jackpot after purchasing a $1,000,000 Make My Month scratch-off ticket from the Stewart’s at 1594 Route 29A. He returned to the shop on Wednesday to collect the prize money presented by New York Lottery’s Yolanda Vega.
“Millionaire coming through. We are ready to hand over a really big prize check to our newest lottery millionaire,” called out Vega congratulating and welcoming Bennett as a crowd of Stewart’s patrons looked on.
Bennett said he’s been scratching for 30 years and bought just one $5 ticket that fateful day. A busy line at the front of the shop led him to the rear line where another lottery player ahead of him bought a ticket for the same game on which he ultimately won.
Bennett took the ticket home where he helped his wife bring in the groceries before finally scratching away to find that he was a grand prize winner.
Bennett and his wife took the ticket to the Saratoga Casino Hotel to claim the prize, where they learned that they would instead have to take the jackpot winner to the claim center in Schenectady. Bennett signed the ticket and hid it in his dresser for the night before taking it to the claim center the following morning without calling any friends or relatives to report his good fortune for fear it wasn’t real.
Bennett opted to receive the prize as a one-time lump sum payment totalling $631,492 after the required withholdings.
The 58-year-old semi-retired carpenter said he plans to continue working for at least a few more years and will set some of the money aside for when he fully retires. He also plans to use the winnings to pay off bills, buy a new car for his wife and a new truck for himself and take a trip to Disney World.
“I have a check here that’s going to help you with all those dreams, plans and then some,” said Vega.
He also plans to keep scratching, saying that he likes to play new games as they come out and most of his wins have come from tickets purchased at Stewart’s. While the Meco shop will not receive any bonus from New York Lottery for selling the grand prize scratch-off ticket, the shop referred to by Vega as the “luckiest store in town” is expected to see a boost in sales from locals hoping to become the next jackpot winner.
theLotter Includes Texas in Its Online Lottery Ticket Purchasing Service Area English
According to theLotter, Texans have definitely embraced on-demand services in recent years. theLotter states that having to visit stores and stand in line is an inconvenience for most people, but people with mobility or health concerns especially benefit from online access to goods and services. Texas has been making a concerted effort to further increase online access for all. In recent weeks especially the desire to avoid unneeded trips to the store has become commonplace as the Coronavirus starts having an effect on Texans' choices.Get more news about 彩票免费包网,you can vist loto98.com
Last year the ability to offer lottery tickets online became available to Texans. theLotter has since included Texas in its online lottery ticket purchasing service area. Mega Millions, Lotto Texas, Texas Two Step, and Cash Five. The new online service immediately enabled access for countless Texans who had previously been unable to participate in the state's lotteries.
"Texas is successfully rolling out programs to improve online access for all and we're proud to be able to be part of that movement, especially in times like these where the state is making collaborative efforts to prevent the spread of the Novel Coronavirus. We offer Texans an alternative that allows them to play their favorite lottery games while still taking precautionary measures," said Peggy Daniel, theLotter's U.S. Managing Director.
theLotter allows a customer to choose the lottery they wish to play online, and the official Texas Lottery tickets are purchased on their behalf from a licensed retailer. The customer then receives a scanned copy in their account, which proves their ownership. All prizes are paid out commission-free. theLotter utilizes advanced security measures to ensure safety and privacy for all customers, and strictly abides by the rules of the Texas State Lottery. Third-party controls on the site prevent underage Texansfrom playing and blocks anyone outside state borders.
To learn more about theLotter and to play the state's biggest draw games from the comfort of your home, download theLotter app on your smartphone.
winning Powerball ticket sold in Piscataway
One lucky New Jerseyan just jumped into a whole new tax bracket.Get more news about 彩票API,you can vist loto98.com
A single ticket sold in the Garden State matched all six balls in Wednesday night's Powerball drawing to win the $190 million jackpot, according to the Powerball website.
The winner could also choose a cash option of $155.9 million.
The ticket was sold at Buy-rite Liquor on Stelton Road in Piscataway in Middlesex County. The retailer also gets $30,000 for selling the ticket. Congratulations to the winner of this multi-million-dollar jackpot!" New Jersey Lottery Executive Director James Carey said in a statement. "We encourage the winner to sign the back of the ticket, make a copy of both sides and put it in a safe place. We recommend contacting a financial advisor and an attorney before reaching out to Lottery officials."
One ticket sold in North Carolina matched all five white balls to win $1 million.The Powerball jackpot was last hit on Feb. 12 by a lottery player in Pontiac, Michigan.
It's the second time this year that New Jersey has won a major jackpot. On Feb. 11, a ticket sold in Edison, N.J. won the $202 million Mega Millions jackpot.Until recently, lottery winners in New Jersey were required to be identified, but now winners will be able to stay anonymous under a law that was signed by Gov. Phil Murphy.
South Dakota tourism officials say the number of ticket requests Friday for President Donald Trump's planned appearance at a Mount Rushmore fireworks show were nearly four times the amount available in the lottery.
Officials said they received nearly 5,700 applications requesting nearly 29,000 tickets by midday on Friday, the first day of ticket sales, the Rapid City Journal reported. Maximum capacity for the July 3 event is 7,500 people in ticketed areas.
The fireworks display at Mount Rushmore to celebrate Independence Day has not happened since 2009, when it was ended because of fire danger after a pine beetle infestation.
It costs $1 to enter the lottery, which is a non-refundable fee and doesn’t guarantee tickets. Those who are selected to receive tickets won’t pay any additional cost.
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Man dies after taking chloroquine in an attempt to prevent coronavirus
An Arizona man has died after ingesting chloroquine phosphate — believing it would protect him from becoming infected with the coronavirus. The man's wife also ingested the substance and is under critical care.To get more news about chloroquine phosphate, you can visit shine news official website.
The toxic ingredient they consumed was not the medication form of chloroquine, used to treat malaria in humans. Instead, it was an ingredient listed on a parasite treatment for fish.
The man's wife told NBC News she'd watched televised briefings during which President Trump talked about the potential benefits of chloroquine. Even though no drugs are approved to prevent or treat COVID-19, the disease caused by the coronavirus, some early research suggests it may be useful as a therapy.The name "chloroquine" resonated with the man's wife, who asked that her name not be used to protect the family's privacy. She'd used it previously to treat her koi fish.
"I saw it sitting on the back shelf and thought, 'Hey, isn't that the stuff they're talking about on TV?'"
The couple — both in their 60s and potentially at higher risk for complications of the virus — decided to mix a small amount of the substance with a liquid and drink it as a way to prevent the coronavirus.
She called 911. The emergency responders "were asking a lot of questions" about what they'd consumed. "I was having a hard time talking, falling down."On Monday, Banner Health, based in Arizona, said the couple took the additive called chloroquine phosphate.
The couple unfortunately equated the chloroquine phosphate in their fish treatment with the medication —known as hydroxychloroquine — that has recently been touted as a possible treatment for COVID-19, which has infected more than 42,000 people in the U.S. and killed at least 462.
Dr. Daniel Brooks, medical director of Banner Poison and Drug Information Center, said in a statement: "Given the uncertainty around COVID-19, we understand that people are trying to find new ways to prevent or treat this virus, but self-medicating is not the way to do so."
On Friday, the Nigeria Centre for Disease Control pleaded with its people not to engage in self-medication with chloroquine, as it "will cause harm and can lead to death." The country had reported at least two such poisonings.