Sydney Foreign Exchange / Bond Market = Australian Dollar Flat, Central Bank Meeting Precaution NZ Dollar Moves Small | Reuters

[Sydney, 3rd Reuters]–The Australian dollar is almost flat against the US dollar in the thin trade in the Oceania foreign exchange market. Australia’s employment data was strong, but caution is widespread ahead of the central bank meeting within the week. The New Zealand dollar (NZ dollar) is also moving slightly.

The Australian dollar / US dollar remains almost unchanged at 0.7713 US dollars. Last month, prices of commodities such as iron ore increased by 1.5% against the backdrop of high prices.

“The Australian dollar continues to be undervalued given the sustained rise in metal prices. This situation is temporary and it will take time for the dollar to rise to US $ 0.80 and above. It’s a problem. “

The NZ dollar / US dollar also rose by just 0.05% to 0.7163 US dollars. After a 2.5% rise in April, it has become a breakthrough.

This week, Federal Reserve Chairman Powell and other policymakers will speak, as well as central bank meetings in Australia, the United Kingdom and Norway.

The Reserve Bank of Australia (Central Bank, RBA) board meeting on the 4th is expected to maintain the ultra-easy policy.

The Australian 10-year bond yield remains almost unchanged at 1.70%. The 10-year Australian bond futures are down 1 tick to 98.29.

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Italians defeat British in Prada Cup in New Zealand

AIn the end there were no more questions. The Italians had shown themselves to be too careful in the past few days. They fought resolutely – on land with lawyers, on the water with sailors also from Australia. On Sunday afternoon, after two more victories over the British team at Hauraki Golf, they finally won the right to challenge the New Zealanders in the America’s Cup at the beginning of March.

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Christoph Hein

Christoph Hein

Business correspondent for South Asia / Pacific based in Singapore.

Luna Rossa won the Challenger Prada Cup with seven wins in eight races from Auckland. After six campaigns, this is the second time they have made it into the finals of the 170-year-old America’s Cup. The British campaign, marked by enormous sailing strength and an estimated expenditure of more than 100 million dollars, disappeared on Sunday afternoon in New Zealand after almost six years.

“You sailed brilliantly, the best overall package and deservedly won”, Sir Ben Ainslie, who led the British, congratulated the Italians while they were still in port. Under the guidance of their Australian helmsman Jimmy Spithill, they proved the whole series about bite, which allowed them to exhaust all – including legal possibilities. At the same time, the Luna Rossa proved to be superior to the Britannia, especially in the light wind conditions of only twelve knots this weekend. The Italian AC75 was able to travel more and more altitude at the same speed at the cross.

Task impossible for Ainslie either

The team around the four-time Olympic champion Ainslie won the first start on Sunday morning. On the first cross, however, the Italians played their slight advantage and led on the windward barrel by 16 seconds. They then brought their sixth victory over the line at no risk. “From now on it’s actually very simple: We have to win every race from now on,” said Ainslie bitterly after the sixth run.

That seemed impossible even for a stand-up man like him, who is world-famous for his victories in hopeless situations. At the Olympic Games in Athens 2004, Ainslie was still in 19th place on the second day to get gold in the end. At the 2012 Games in England, he was six races back before taking Olympic gold for the fourth time.

“Winner”: The Italians are happy about their victory in the final of the challengers.

“Winner”: The Italians are happy about their victory in the final of the challengers.

Image: AFP

And a year later, the top sailor who was flown in especially at the America’s Cup off San Francisco helped the American team Oracle to make a 9: 8 triumph from a deficit of 1: 8 wins and to win the cup. Many consider this victory to be the greatest resurrection in sport. At the time, the young American helmsman whom Ainslie supported was called Jimmy Spithill.

Against him, the old master led on Sunday after the start of the second run – the last chance for the British. At the windward buoy, however, the Italians had again worked out a lead of around 160 meters. “We have to do something special now,” Ainslie said to his tactician, Giles Scott, who was also decorated with Olympic gold. But even the right side of the course, which the British chose to break away when the wind continued to be light, no longer led them to success.

At the finish, Luna Rossa led by just under a minute. Spithill, whom they don’t call “Pitbull” for no reason, strengthened his image as a hypothermic athlete. After crossing the finish line, he told his team: “Get the sails down and let’s go ashore for a beer.” When they had knocked off the mainsail, the Italians set a huge red flag on the mast. “Winner” was written on it in white letters.

Billionaire Jim Ratcliffe, who financed the British team through his company Ineos, applauded the Italians from on board “his” Britannia. “Our job is not over yet. We can learn a lot from the races. Luna Rossa and Team New Zealand have been in this business for 20, 30 years. We took a lot with us and we want to win the cup, ”said Ainslie on Sunday afternoon, indicating another campaign for the British.

At this point the big loser of this Prada Cup had already made his peace with the result and was thinking beyond the day. “This boat class is a huge success for the America’s Cup, the AC75 is the best boat I’ve ever sailed and the class has the“ wow factor, ”said the Briton. From March 6th, Italians and New Zealanders will meet again on the Hauraki Gulf, as they did 20 years ago in the same bay. Back then, the kiwis had won, and the world’s oldest sports trophy stayed in New Zealand.


Many just want a hug for Christmas this year: Queen Elizabeth

LONDON, Dec 25 (Reuters) – All many people want for Christmas this year is a simple hug, Britain’s Queen Elizabeth said in her annual holiday message, saying the date would be difficult for those who lost loved ones to COVID-19 or those separated from them by meeting restrictions.

File image of Queen Elizabeth of the United Kingdom posing after recognizing Captain Tom Moore with the knight rank insignia at Windsor Castle in Windsor, United Kingdom. July 17, 2020. Chris Jackson / Pool via REUTERS / Archive

In her traditional prerecorded Christmas Day address to the nation, the 94-year-old monarch repeatedly spoke of hope for the future while acknowledging that millions of Britons might not have their usual family celebrations this year.

“For many, this time of year will be tinged with sadness; some mourning the loss of loved ones, and others missing friends and family from whom they have distanced themselves for safety when all they really want for Christmas is a simple hug or a handshake, “said Isabel.

“If you are among them, you are not alone. And let me assure you of my thoughts and my prayers.

The Queen herself has had to avoid her traditional Christmas celebrations and is spending the festive season at Windsor Castle with her husband, Prince Philip, 99.

Usually all the Windsors meet at his home on the Sandringham estate in eastern England. The subsequent walk to a nearby church for the Christmas Day service is a staple of the royal calendar.

However, Britain is currently struggling to curb the spread of a new variant of the novel coronavirus, with the number of new infections reaching record levels this week and numbers of hospital admissions and deaths on the rise.

Much of the country has been subjected to strict restrictions, and for London and the surrounding areas, households cannot mingle at all during Christmas, while for other areas there are strict restrictions limiting contact to a single day.

“Surprisingly, a year that has necessarily kept people apart has brought us closer in many ways,” said the queen, adding that royals were inspired by the stories of those who volunteered to help others in need.

“In the UK and around the world, people have met the challenges of the year magnificently and I am very proud and moved by this calm and indomitable spirit.”

Reporting by Michael Holden; Edited in Spanish by Janisse Huambachano


Trump and Xi will coincide in virtual Asia-Pacific summit on the world economy

KUALA LUMPUR, Nov 20 (Reuters) – US President Donald Trump and his Chinese counterpart Xi Jinping will attend a virtual summit of Asia-Pacific leaders on Friday to discuss the coronavirus and global economic recovery, and it is Lingering trade differences are likely to cloud the meeting.

An advertisement displays the flags of the United States and Papua New Guinea one day after the end of the Asia Pacific Economic Cooperation (APEC) Forum, in Port Moresby, Papua New Guinea, November 19, 2018. REUTERS / David Gray

Both leaders will lead the meeting of the leaders of the 21 nations of the Asia-Pacific Economic Cooperation (APEC) Forum, organized by Malaysia, just two weeks after Trump lost the US elections.

Asia-Pacific leaders have called for more open and multilateral trade to support economic recovery, and have warned against protectionist trade policies.

After coming to power in 2017, Trump slapped tariffs on billions of dollars of Chinese goods, sparking a trade war between the world’s two largest economies.

At the last APEC summit, in 2018, member countries failed to agree on a joint statement for the first time in the bloc’s history, as the United States and China disagreed on trade and investment.

In the run-up to Friday’s meeting, several APEC leaders warned against protectionism as the world grapples with the economic impact of the new coronavirus.

“As we face the greatest economic challenge of this generation, we must not repeat the mistakes of history by backtracking into protectionism,” New Zealand Prime Minister Jacinda Ardern said during her remarks at the APEC CEO Dialogues on Friday.

“APEC must continue to commit to keeping markets open and trade flowing.”

Xi, for his part, said Thursday that “increasing unilateralism, protectionism and intimidation, as well as the backlash against economic globalization” had increased risks and uncertainties in the world economy.

The president noted that China will remain committed to multilateralism, openness and cooperation.

Other leaders from the Asia-Pacific region have also expressed hope that the Joe Biden administration will support multilateral trade.

Japan aims to expand the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership trade pact, Japanese Prime Minister Yoshihide Suga said on Friday, which could satisfy the interest of China and the United Kingdom to join the agreement.

Information from Rozanna Latiff and A. Ananthalakshmi; additional information from Kiyoshi Takenaka and Ju-min Park in Tokyo; edited by Sam Holmes; translation by Jorge Martínez


Johnson and Von der Leyen agree to “redouble efforts” toward a post-Brexit deal

The British Prime Minister, Boris Johnson, and the president of the European Commission (EC), Ursula von der Leyen, they agreed ‘Redouble efforts’ towards a post-Brexit deal in a telephone conversation held this Saturday, a British government spokesman said.

The source noted that during the call, planned to Taking stock of the negotiationsJohnson noted that, while progress has been made, “significant differences persist in several areas” of common concern, including competition and fisheries.

The two leaders agreed that their respective teams will continue negotiations next Monday in London in order to “Redouble efforts to reach an agreement”, which would enter into force at the end, on December 31, of the post-Brexit transition period, which was formally executed on January 31.

For their part, Johnson and Von der Leyen “will remain in contact,” the spokesman said. If they fail to negotiate a bilateral pact, as of January 1, 2021, the United Kingdom and the European Union (EU) will start trading based on the generic, less beneficial regulations of the World Trade Organization (WTO).


The climate demands justice and our time is running out

We have been witnessing the melting of the Arctic for years, the rise in sea level, the increase in extreme weather events or the mass extinction of animal and plant species. The impacts of climate change are accelerating, and what we see today is just a first warning of potentially more catastrophic consequences. In Spain, one of the most vulnerable European countries to climate change, droughts, floods, and fires are increasingly devastating. And, as always, the most vulnerable people are the most exposed, the ones who suffer the most from its consequences, even though they are the least responsible for the causes of climate change.

The climate crisis was already present and required urgent commitments from before the COVID-19 crisis broke out. Parking them would put at risk the decent and sustainable future of all people. Short and long-term solutions must be aligned and go through rethinking the model of society we have, investing more in people and the environment instead of favoring the enrichment and unsustainable consumerism of a few.

Photo: Efe.
Photo: Efe.

To avoid worst case scenario there is only one way: drastically and rapidly reduce CO2 emissions, which requires courageous political and judicial decisions.

The lack of commitment in the defense of the environment and the fight against climate change of a significant part of the political class also comes from afar. And the current Government, despite being the one that has made its defense of the environment more visible, it continues to be unable to guarantee commitments capable of meeting the objective set by the Paris Agreement.

For all this, We have decided to go to court and launch the first climate dispute in the history of Spain. It is not, therefore, a challenge to the policy of a specific Executive, but a complaint of the lack of ambition of the climate change mitigation policies of both the current Government and the previous ones that were even worse and much worse. more lax. It is time for civil society to claim its climate rights in court.

The health crisis has placed us at a crossroads: it is now or never. Despite the tragedy and pain that COVID-19 has brought to millions of human beings around the world, it has also been a demonstration that world leaders are capable of reacting and making drastic decisions in an emergency. There is too much at stake right now. The funds for economic reconstruction should contribute not only to alleviate the effects of the pandemic but also to promote the ecological transition. For this, it is necessary that they be used for projects that accelerate this transition and not to rescue highly polluting companies.

Photo: Efe.Photo: Efe.
Photo: Efe.

At his inauguration, a part of the Government made an invitation to civil society and social organizations: that we be demanding with the Executive and force them to fulfill their commitments to citizens. We are in it. Given that the political class continues to disagree and that, when it does, it acts with enormous lukewarmness, the time has come to go to court to ask it to act to defend us.

It is no accident that the world is currently immersed in a wave of climate litigation. The United States, Canada, Ireland, Germany, France, Belgium, India or New Zealand are just some of the countries whose governments face lawsuits for this cause, some already with sentences that have forced executives to act with more ambition, such as the Netherlands. When public officials fail to protect the future and the common good, we turn to justice to avoid a collapse with dire consequences. Time is running out and our lives are on it.

*Luis Rico is coordinator of Ecologists in Action, Mario Rodriguez, Director of Greenpeace, and Franc Cortada, director of Oxfam Intermón.


▷ Meghan Markle’s vote in the US elections

Meghan Markle’s vote in the US elections.


In these last American electionss  Meghan Markle has been encouraged to vote in its public comments. ‘Page Six’ has been confirmed by sources close to the Sussex that the Duchess voted days before by post, and they go further by adding that she would also have exercised her right as an American citizen if she continued to live in the United Kingdom.


▷ The new virtual BlizzCon will be free for everyone: Blizzard says goodbye to the classic ticket in this edition

BlizzConline will be the event to learn more about Overwatch 2, Diablo 4, and other games.

Blizzard It has been holding a face-to-face event for 15 years where it announces news for its video games, and where fans can meet to participate in all kinds of activities related to their favorite titles. As we already knew, the 2020 pandemic has caused this BlizzCon to become “BlizzConline“an exclusively digital edition destined to maintain tradition from a safer perspective. And with this new format, they also arrive monetization changes.

In a video reviewing Blizzard-related news, products and services, President J. Allen Brack announces that BlizzConline, dated to February 19 and 20, will be free for all viewers. This is, in part, a first for the event: although the opening ceremony has always been free to watch, the rest of the tournaments, contests and collectibles were part of a virtual ticket of 40 dollars / euros.

In spite of everything, a good part of the activities which WoW parents are accustomed to, including competitions, cosplay contests or the fun march of the murlocs, where fans interpret these tribal fish with greater or lesser visual fidelity. Of course, we will also have ads.

In this edition, we will have to closely track Overwatch 2 Y Diablo IV, among other novelties. The former will add campaign heroes and PvE content to Blizzard’s cooperative shooter, while the latter will take a more sinister and traditional approach to the loot progression-based RPG series. Neither has a release date for now.

More about: Blizzard, BlizzConline, BlizzCon 2020, Diablo IV Y Overwatch 2.


New Zealand prepares changes in the government to recover economy from Covid

Sydney, Australia.- The Prime Minister of New Zealand, Labor Jacinda Ardern, announced on Monday the formation of her new cabinet, in which the Green Party will occupy two ministries, focused on the Economic recovery of the country after the pandemic of Covid-19.

Ardern, who led the Labor Party to achieve an absolute majority in the October 17 elections, pointed out at a press conference that among his priorities he also highlights the continuous health response to Covid-19.

“The next three years will bring very big challenges for New Zealand. global panorama It gets worse and we will not be immune to the continuous impact that Covid-19 has around the world, “the 40-year-old politics underlined at a press conference.

Despite Labor winning 64 of 120 seats in parliament, Ardern has reached out to govern alongside the Greens, who have 10 MPs, his traditional ally.

Read also: Jacinda Ardern wins New Zealand election by overwhelming difference

In addition, he announced that his deputy prime minister will be his co-religionist Grant Robertson, who will also hold the position of Minister of Infrastructure Finance, key to economic recovery.

The Ardern government will allocate the equivalent of US $ 27.695 million to the infrastructure sector as part of its strategy to get out of the recession in which it is due to Covid-19.

The president, internationally applauded for her early and drastic management in the face of the pandemic, maintains the international borders closed since March and confined the country with only 50 confirmed cases.

During the second wave, Auckland, with 1.7 million inhabitants, again confined the most populous city in the oceanic nation, among other measures to stop Covid-19.

Read also: New Zealand declares the last patient free of Covid-19 due to local contagion

The president has also created the ministry of response to Covid-19, which will be in charge of managing aspects such as border control, tracing and examinations for detect the virus, potential outbreaks, among other aspects and is directed by Chris Hipkins, who was in charge of the health portfolio.

Labor minister Andrew Little will be the new head of Health and Nanaia Mahuta will become the first woman in New Zealand to assume the leadership of the country’s diplomacy.

As part of the agreement with the Green Party, Marama Davidson will be head of Prevention of Family and Sexual Violence and associate minister of Housing for the Indigent, while James Shaw will be the head of Climate Change and associate minister of Environment for Biodiversity.

Despite the inclusion of the Greens, Ardern made it clear that they do not need to agree to carry out the government’s proposals since Labor has the majority in Parliament, after the victory in which for the first time a political party obtains the majority absolute since the electoral reform of 1996.



Flanders wields a 1666 treaty to fish in British waters even if Brexit fails

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by hatunruna a Sent: ____

Charles II of England had a hectic life. A woman he married in two separate ceremonies, no legitimate children, but a minimum of 12 with his lovers, a beheaded father, and himself spending nine years in exile before taking the thrones of England, Scotland and Ireland after the Cromwell’s death. He spent three of his years in exile in the Flemish city of Bruges and, grateful for their hospitality, in 1666 he awarded them the Privilegie der Visscherie, the privilege of fishermen who gave 50 boats from that city rights …

| labels: United Kingdom , England , Brexi , uk , fishing , boris , France , treaty

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