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As Ebola spreads, U.S. won’t enter Congo war zone

“A few seasoned Ebola experts from the CDC were withdrawn from Beni in late August after an attack by an armed group against a Congolese military location along a road close to where the team was traveling, according to a senior U.S. Embassy official in Congo” writes Lena H for latimes.com. No U.S. government personnel or other Ebola responders were targeted or in the immediate area of that attack. Source: latimes.com

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Markets News Stocks 

U.S. equity markets not taking their cues from high-yield junk bonds

“Like stocks, junk bonds – the high-yielding debt issued by the riskiest corporate borrowers – had a rough October, but nothing close to the magnitude of bloodletting over in equities” reports businessinsider.com. The riskiest junk bonds, triple-C rated issues, recorded their worst performance since January 2016, with yields rising more than twice as much as the broader junk index.Indeed, for most investors, high yield trailing equities is an indication that a downturn is not yet around the corner.And it’s not currently clear whether the junk market is big enough to…

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Election Day misinformation spreads on social media

“Notable hoaxes could be found on social media on Election Day, even as tech companies said they were working to crack down on misinformation” reports thehill.com. The troubling examples come even as social media companies and the government said ahead of the election that they would be alert to such misinformation.Department of Homeland Security Secretary Kirstjen Nielsen Kirstjen Michele NielsenElection fallout: What to watch for now DHS has ‘not seen’ successful cyberattack on midterm elections Election Day misinformation spreads on social media MORE said on Tuesday that “increased social media…

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Uganda vaccinates at-risk health workers as outbreak spreads in Congo

“Uganda is to administer an experimental Ebola vaccine for health workers in high-risk areas bordering the Democratic Republic of the Congo” writes Samuel Okiror for theguardian.com. Uganda is the first country in the world to give the vaccine without an active outbreak of the disease, but is judged to be at very high risk. “In previous [Ebola] outbreaks, Uganda lost health workers, including the renowned Dr Matthew Lukwiya, as they cared for patients,” said Yonas Tegegn Woldemariam, WHO’s Uganda representative. “Scientists believe such invaluable lives would have been saved had…

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SimpleFX Celebrates 2.0 Launch by Cutting Spreads by 20%

“If you are new to day trading, you will be seamlessly introduced to the basics of opening and closing orders” reports forexlive.com. To facilitate both beginners and advanced users the access trading SimpleFX has launched a content website — with a dedicated editorial team.To facilitate both beginners and advanced users the access trading SimpleFX has launched a content website – – with a dedicated editorial team. Source: forexlive.com

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Needle found in banana as strawberry sabotage spreads

“In a statement police said they were treating it as an isolated incident without any links to other food contamination investigations” writes Australian Associated Press for theguardian.com. Queensland police are still unsure if the sabotage devastating the nation’s strawberry industry is the work of a single person or several people acting independently. Source: theguardian.com

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Markets News 

Italy’s populist leader admits he checks financial markets before calling his kids every morning

“Italy’s Deputy Prime Minister Matteo Salvini, who once said his executive would stand up against market attacks, told an audience that he checks bond spreads every morning” writes Federico Bernini for cnbc.com. During those tense market moves, Salvini said that the government would stand up against market attacks and debt downgrades.”Every morning, before calling my kids, I check the spread,” Salvini, leader of the right-wing Lega party, told a business audience at The European House Ambrosetti Forum, in Lake Como, over the weekend.The difference between the Italian and the German…

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Fixed-income losses send investors surging back into risky junk bond bets

“Investors are showing more signs of concern about some of the market’s biggest sources of return, including tech stocks and emerging markets, but they have been moving big into another risk-on asset this quarter: high-yield bonds” writes unknown author for cnbc.com. The iShares iBoxx High Yield Corporate Bond ETF (HYG) is No. 2 among all exchange-traded funds in the current quarter in new money from investors, only outpaced by iShares S&P 500 ETF (IVV), bringing in near-$3 billion, according to XTF.com. Source: cnbc.com

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