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League and union ‘working on a resolution’ to anthem issue

“(Reuters) – The NFL and the union representing its players are working on a resolution to the league’s national anthem policy, the two sides said in a joint statement on Thursday” writes Midwest Communications Inc for 95kqds.com. “The NFL and NFLPA, through recent discussions, have been working on a resolution to the anthem issue,” the two sides said in a statement.”In order to allow this constructive dialogue to continue, we have come to a standstill agreement on the NFLPA’s grievance and on the NFL’s anthem policy.”. “Our shared focus will…

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SoftBank’s Vision Fund to invest $1 billion in China AI startup: Bloomberg

“FILE PHOTO: People walk behind the logo of SoftBank Corp in Tokyo Thomson Reuters (Reuters) – SoftBank Group Corp’s Vision Fund is seeking to invest almost $1 billion in SenseTime Group Ltd, a Chinese facial recognition technology developer, Bloomberg reported on Friday” reports businessinsider.com. The fund and SenseTime are finalizing the terms of the deal and the details could still change, Bloomberg reported https://www.bloomberg.com/news/articles/2018-07-20/softbank-fund-is-said-to-seek-investment-in-chinese-ai-giant?utm_source=google&utm_medium=bd&cmpId=google citing sources.SenseTime in May raised $620 million in a round of funding from Fidelity International, Hopu Capital, Silver Lake and Tiger Global, and $600 million in…

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Apple Watch, FitBit could feel cost of U.S. tariffs

“The rulings name Apple Inc’s watch, several Fitbit Inc activity trackers and connected speakers from Sonos Inc” reports businessinsider.com. It is possible that the products from Apple, Fitbit and Sonos no longer fall under tariff codes in the $200 billion list, trade experts said.That $200 billion list of tariffs is in a public comment period.But if the list goes into effect this fall, the products from Apple, Fitbit and Sonos could face a 10 percent tariff. Source: businessinsider.com Share This:

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‘The world as we know it is ending’: Here’s how to profit from the rise of a new world order

“Traditional indicators, such as the impending inversion of the US Treasury yield curve, have previously augured recessions, but this time, that’s not necessarily the case” writes Will Martin for businessinsider.com. That’s the somewhat bleak perspective put forward by Macquarie strategist Viktor Shvets in a presentation to clients this week, seen by Business Insider.”The world as we know it is ending, but not tomorrow.”. “Neither duration of recovery, yield curves nor tightness of labour markets have the same informational values as they did decades ago,” Shvets wrote in his presentation. Source: businessinsider.com…

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New system for filing MtGox claims set to be released in August

“Due to the stay of the bankruptcy proceedings, MtGox bankruptcy claims filing system has been temporarily suspended” reports financefeeds.com. Furthermore, in bankruptcy proceedings, bankruptcy claims that have not been filed are not stated in the statement of approval or disapproval of claims.Conversely, in civil rehabilitation proceedings, the civil rehabilitation debtor retains the power and authority to administer and dispose of its assets.In contrast, in civil rehabilitation proceedings, the rehabilitation debtor, etc. will state the rehabilitation claims which the rehabilitation debtor, etc., is aware of in the statement of approval or…

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EUR News Reviews 

EUR Daily Review July 20, 2018

EUR Daily Review for July 20, 2018 EUR/USD eases from tops, back around 1.1640 The single currency is trading within a narrow range on Thursday, taking EUR/USD to the 1.1640 area after an ephemeral test of the 1.1660 region. EUR   Italian PM Conte: For Italy, Euro Is `Irreversible’ In an interview with Fatto Quotidiano, the Italian Prime Minister (PM) Conte expressed his take on the Italian economy. Key Headlines: For Italy, Eu   EUR/JPY Technical Analysis: Charting head-and-shoulders bearish reversal Hourly chart Spot Rate: 131.33 Daily High: 131.43 Daily…

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NFL, NFLPA at ‘standstill agreement’ over anthem policy

“The NFL and NFLPA released a joint statement Thursday, saying both sides were unable to reach a resolution over the national anthem policy” reports sportingnews.com. For now, the NFL will temporarily freeze the league’s new anthem policy, just two weeks before the preseason starts.”In order to allow this constructive dialogue to continue, we have come to a standstill agreement on the NFLPA’s grievance and on the NFL’s anthem policy,” the statement read.The backlash was immediate, and some teams have revealed how they would handle the new policy. Source: sportingnews.com Share This:

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Japan May all industry activity index +0.1% vs 0.0% m/m expected

“The data is often referred to as the monthly GDP reading, it’s a tracker production across all sectors of the Japanese economy and follows the GDP growth figures/trend” reports forexlive.com. Still not an encouraging sign that the Japanese economy is on solid ground right now in 2018. A minor data point though. Source: forexlive.com Share This:

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Israel passes controversial ‘nation-state’ law that gives special status to Jews

“The new law promotes the development of Jewish communities, possibly aiding those who would seek to advance discriminatory land-allocation policies” writes David M for seattletimes.com. If the new law was meant to give expression to Israel’s national identity, it exposed and further divided an already fractured society.The basic laws legally supersede the Declaration of Independence and, unlike regular laws, have never been overturned by Israel’s Supreme Court.JERUSALEM — Prime Minister Benjamin Netanyahu of Israel has long demanded that the Palestinians acknowledge his country’s existence as the “nation-state of the Jewish…

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