UK court blocks Julian Assange US extradition on espionage charges January 4, 2021 Wikileaks founder Julian Assange cannot be extradited to the US to face espionage charges, a UK court has ruled. Assange faces 17 charges of espionage and computer fraud in the US and could be sentenced to as many as 175 years behind bars. In a landmark decision at the Old Bailey this morning, district judge [...]
UK mortgage approvals soar to highest level since before 2008 Global Financial Crisis January 4, 2021 UK home lending defied expectations of a slowdown in the housing market boom that started after the first Covid-19 lockdown
Bitcoin’s record-breaking rally loses steam January 4, 2021 After hitting an all-time high of just over $34,000 over the weekend, the value of Bitcoin plunged on Monday morning. The cryptocurrency is currently trading at $30,196, according to Coindesk, down nearly 10 per cent from its record high over the weekend. Bitcoin topped $34,000 on Sunday morning before settling at just over $33,400 by [...]
2021 the year for central bank issued digital currencies? January 4, 2021 The Bank of Japan is one of the latest institutions to make public its plans to experiment on how to operate its own digital currency, joining an expanding club of central banks, concerned with the rapid pace of private-sector innovation in the field of payments. Among its members, the club counts the central banks of [...]
Oil prices hover at 10 month highs as Opec mulls production curbs January 4, 2021 Oil prices are hovering around 10 month highs this morning as producer cartel Opec and other oil rich nations meet to discuss output curbs. Worldwide standard Brent crude was up 1.4 per cent this morning at $52.50, while West Texas Intermediate rose 0.8 per cent to stand at $48.90. Today’s meeting is the first of [...]
Bitcoin turns twelve January 4, 2021 Crypto at a Glance Happy 12th birthday, Bitcoin (for yesterday)! via GIPHY On 3 January, 2009, the pseudonymous creator of Bitcoin, Satoshi Nakamoto, launched the ‘Genesis Block’ and laid the foundations for a new financial order. Yesterday, the original, the undefeated, aaaand stiiiill the largest cryptocurrency by market cap, Bitcoin, celebrated by surging to yet-another [...]
Euro share trading exits London to new EU hubs January 4, 2021 In the first day of trading since Britain left the EU, trading in euro-denominated shares has shifted away from the City to new platforms. The City’s unfettered access to the bloc ended on New Year’s Eve, meaning EU banks and asset managers must use a platform inside the bloc for euro share trading. The Brexit [...]
UK PMIs: Manufacturing beats forecasts again on Brexit stockpiling boom January 4, 2021 UK manufacturing activity increased for the seventh straight month in December as factories brushed off the impact of the second national lockdown. The IHS Markit/Cips manufacturing purchasing managers (PMI) index stood at 57.5 in December, with any score above the 50 mark indicating growth. The figure, a 37-month high, beat economists’ forecasts of a reading of 57.3 [...]
UK court to rule on Julian Assange extradition case January 4, 2021 Wikileaks founder Julian Assange will today find out whether he will be extradited to the US to face espionage charges in a landmark press freedom case. Assange faces 17 charges of espionage and computer fraud in the US and could be sentenced to as many as 175 years behind bars. His fate will be decided [...]
Metabolic Conditioning: What is Metcon and how can it help your January fitness? January 4, 2021 Metabolic Conditioning or Metcon for short is by far one of the most misunderstood training techniques. It is often associated with chiselled abs, hardcore workouts and aching muscles. However, this high-octane training style isn’t just for elite athletes and it can be adapted to help strengthen our minds as well as our bodies. What is [...]
