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Military bases increase security after shootings in Hawaii, Florida…

“U.S. Military bases are stepping up security following two shootings within the past two weeks” reports thehill.com. “Our CDR directed DoD installations, facilities & units in NORTHCOM’s area of responsibility to immediately assess force protection measures and implement increased random security measures for their facilities.U.S. Northern Command said in a statement Sunday that “random security measures” would be increased at bases across the country in response to a shooting at a Hawaii Naval base as well as one in Pensacola, Fla., committed by a member of the Saudi Air Force. Source:…

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Stellar Lumen Price Could Dive Before Fresh Increase

“XLM price must surpass the $0.0620 resistance to move into a positive zone” writes Aayush Jindal for livebitcoinnews.com. In the past few days, stellar lumen price remained in a bearish zone below the $0.0620 pivot level against the US Dollar.A clear break above $0.0567 and a follow through above the $0.0580 resistance could push the price towards the main $0.0620 resistance area.Moreover, the price settled below the $0.0580 level and the 55 simple moving average (4-hours). Source: livebitcoinnews.com

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Power plants’ consumption of gas falls by 500m scf/day

“A source in the Egyptian Natural Gas Holding Company (EGAS) told Daily News Egypt that the consumption of power stations from gas decreased by about 500m scf/day” writes Mohamed Adel for dailynewssegypt.com. Consumption of natural gas power stations decreased to about 3.5bn cubic feet of gas per day (scf/day) compared to 4bn scf/day during the past month, due to lower temperatures, which reduce energy consumption and helps increase production efficiency.The source pointed out that it is looking to increase Egypt’s natural gas production to about 7.5bn scf/day during the current…

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Markets News 

Bernie Sanders wants to end at-will employment, and that’s a truly bad idea that would increase unemployment

“But perhaps Sanders’ most eyebrow-raising labor market plan is the call to outlaw the American norm of “at-will employment.”” writes Opinion Contributor for businessinsider.com. But Sanders’ idea to abolish at-will employment goes too far and will hurt the job prospects of inexperienced workers significantly.Despite US labor-market flexibility delivering much lower unemployment than more heavily regulated countries, Sanders thinks it’s time to move toward more onerous employment laws.In part because of the flexibility of the US labor market, the unemployment rate has now fallen to an incredibly low 3.5%.Friday’s jobs report…

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Rameda plans to introduce new drugs for the digestive system, diabetes, nerves, and antibiotics

“The paid-up capital of the company is currently EGP 160.9m distributed on 643.6m shares with a nominal value of EGP 0.25 per share” writes Alyaa Stohy for dailynewssegypt.com. The Tenth of Ramadan Company for Pharmaceutical Industries and Diagnostic Products (Rameda) is to produce new drugs during 2020 that treat the digestive system, neurological problems, and antibiotics for young and old patients, as well as supplements and modern medicines for diabetes.The company is currently examining opportunities for acquisitions but the matter is still under study and has not yet entered into…

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U.S. adds 260,000 jobs in November, unemployment dips to 3.5%

“The increase in new jobs easily topped the 180,000 MarketWatch forecast, helped by the end of the GM auto-workers strike” writes Jeffry Bartash for marketwatch.com. The government revised the increase in new jobs in October to 156,000 from 128,000.The 12-month rate of hourly wage gains slipped to 3.1% from 3.2%. September’s gain was raised to 193,000 from 180,000. Source: marketwatch.com

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U.S. government bond yields tick higher ahead of monthly jobs report

“The yield on the 10-year Treasury note TMUBMUSD10Y, -1.38% inched up 0.1 basis point 1.796%, the 2-year Treasury note TMUBMUSD02Y, -0.74% edged up 0.7 basis point to 1.589%, while the 30-year Treasury bond TMUBMUSD30Y, -1.27% ticked down to 2.242%, off 0.4 basis point” writes Mark Decambre for marketwatch.com. U.S. Treasury yields were mostly edging higher Friday as investors awaited the government’s monthly reading of employment and gauged progress toward a partial phase-one trade deal between Beijing and Washington.Beyond economic reports, bond traders have been watching for progress toward a China-U.…

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