News Platforms 

WhatsApp Pay nationwide launch in limbo: Govt wants more details

“Demanding more details about its payment services (WhatsApp Pay), the government of India has put Whatsapp payment service nationwide launch on hold” writes Jitendra Has Spent for entrackr.com. With 230 million users, Whatsapp payment service will pose threat to its rivals such as Paytm, Google’s Tez and Truecaller.Meanwhile, the messaging platform was expected to expand the service nationwide last month.Earlier, its rival Paytm founder Vijay Shekhar Sharma had alleged that the messaging platform is a security risk to India. “Everyone should be allowed to play the field.Doctored images and fake…

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There’s growing evidence that eating fat won’t make you fat, but sugar will

“But an increasing body of evidence is beginning to suggest that when eaten in isolation, fat doesn’t contribute to weight gain” writes Erin Brodwin for businessinsider.com. It makes intuitive sense that rich foods like creamy avocados or butter-drenched salmon would contribute to weight gain.In other words, the proof that sugar is linked with weight gain is in the pudding — quite literally. Source: businessinsider.com Share This:

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Markets News Regulators 

The ECB’s bond-buying program could have masked major risks

“She was talking about the effects of the ECB’s bond buying program as part of a broader warning that investors are no longer seeing risks” writes Wolf Street for businessinsider.com. When credit risk is not being priced at all – when it’s free – this most important gauge of the credit market is worthless.Credit risk wasn’t priced in at all.That’s when investors will begin to discover, as Erdoes put it so elegantly, that they have “a bunch of walking-zombie companies.”.  Source: businessinsider.com Share This:

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Dow at risk of snapping a 5-day rally as consumer-staples, financials slide

“U.S. stocks opened lower Thursday, with the Dow Jones Industrial Average on the verge of ending a multisession rally as investors focused on quarterly earnings and fresh developments in disputes between the U.S. and its global trade partners” writes Mark Decambre for marketwatch.com. The technology-laden Nasdaq Composite Index was down 0.1% at 7,846, but not far off its record high set on Tuesday.The Dow DJIA, -0.57% was down nearly 60 points, or 0.2%, at 25,140, the S&P 500 index SPX, -0.55% was off 0.2% at 2,810, with a decline of…

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GBP News 

GBP/USD: Political Uncertainty & Soft Inflation Could Push-Back BoE August Hike – MUFG

“The pound was hit by weak inflation that joined political uncertainty and other issues” writes Yohay’s Google Profile for forexcrunch.com. Understandably market participants are building in a higher risk premium into the pound to reflect heightened uncertainty, and the risk premium may need to rise further heading into the year ahead.The one reassuring development for the pound is that the numbers in parliament should still favor a softer Brexit when it comes to the crunch even if the votes this week do not back up our view,” MUFG adds. Source: forexcrunch.com…

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Get all the details

“People who take omega-3 supplements for heart health might be better off spending their money on vegetables instead, according to a major new study” writes Natasha Hinde for huffingtonpost.co.uk. Researchers found that taking long-chain omega 3 in supplement form provided little (if any) benefit on heart health including the risk of developing heart disease and stroke, and had little or no meaningful effect on the risk of death. Source: huffingtonpost.co.uk Share This:

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FORGET OMEGA 3 SUPPLEMENTS: Here’s What You Should Be Eating For Heart Health

“People who take omega-3 supplements for heart health might be better off spending their money on vegetables instead, according to a major new study” writes Natasha Hinde for huffingtonpost.com. Researchers found that taking long-chain omega 3 in supplement form provided little (if any) benefit on heart health including the risk of developing heart disease and stroke, and had little or no meaningful effect on the risk of death. Source: huffingtonpost.com Share This:

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Dollar benefits from Powell’s optimism, hits 6-month peak vs yen

“The dollar was up 0.05 percent at 112.955 yen after going as high as 113.08, its strongest since January 9” writes unknown author for cnbc.com. An easing of risk aversion was reflected on Wall Street, which rose overnight and supported Asian stocks on Wednesday after Powell’s optimistic analysis of the U.S. economy.”The dollar stands to gain further, particularly against the yen, with risk aversion in the equity markets petering out,” said Junichi Ishikawa, senior FX strategist at IG Securities in Tokyo. “And while long-term Treasury yields are not rising prominently,…

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Teens glued to phones risk ADHD symptoms…

“About 10 percent of youths who said they commonly used digital media platforms frequently showed new ADHD symptoms over the study period, said the report” reports yahoo.com. In contrast, 4.6 percent of students who were not frequent users of any digital activity showed ADHD symptoms.”We can say with confidence that teens who were exposed to higher levels of digital media were significantly more likely to develop ADHD symptoms in the future.”.  Source: yahoo.com Share This:

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