News Oil 

Oil rises as U.S., China swap concessions in trade war, inventories fall

“At 416.1 million barrels, U.S. crude oil inventories were at their lowest since October 2018, and about 2% below the five-year average for this time of year, the EIA said” writes Midwest Communications Inc for 95kqds.com. The concessions came days ahead of a planned meeting aimed at defusing the long-running trade row between the world’s two largest economies.TOKYO (Reuters) – Oil prices jumped on Thursday, bouncing back from heavy losses in the previous session, buoyed by moves to ease trade tensions between Washington and Beijing and a drop in U.S.…

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GBP News 

UK banks told to triple holdings by Bank of England to prepare for Brexit

“The Bank of England has taken dramatic steps to ensure that UK banks are able to lend in the event of a catastrophic no deal Brexit” writes Callum Burroughs for businessinsider.com. Certain UK lenders have been told to triple their holdings of easy to sell assets in the event of a meltdown in financial markets, the Financial Times reported, citing people familiar with the matter. The Bank of England has activated a special swap line with the European Central Bank and has launched weekly auctions to ensure bans do not…

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News 

Bank of England activates euro swap line

“The U.K. central bank said Tuesday it has activated a dormant financial crisis-era “swap line” with the European Central Bank that allows it to provide euros to any British bank that needs them to keep functioning in a funding crunch” writes Jason Douglas for marketwatch.com. LONDON–U.K. banks will be able to borrow in euros from the Bank of England from next week, the latest move to shore up the financial system in the event of an abrupt and messy break from the European Union.The new facility marks the latest step…

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News 

Richard Kilty exclusive interview: ‘Most sprinters would swap their careers to achieve what I’ve done’

“Instead he will look to complete a hat-trick of European 60m titles in Glasgow this weekend and a road on his redeveloped childhood estate will soon be named in his honour” writes Oliver Brown for telegraph.co.uk. So when people take a pop at him, dismissing his success with the familiar words “it’s only the indoors”, Kilty, 29, does not much fancy sitting back and accepting their contempt. “Let me get one thing straight,” he tells Telegraph Sport. “Most sprinters would swap their careers to achieve what I’ve done, that’s for sure.…

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Crypto News 

SIM Swappers Swindle Millions — Biggest Criminal Threat in Crypto in 2019?

“An in-depth report in November last year delved into the murky details of SIM swapping in the crypto community” writes Gareth Jenkinson for cointelegraph.com. While their data and findings sum up the biggest threats of the last 12 months, they’ve omitted the prevalence of SIM swapping in recent times.This was the first successful indictment of a criminal for using SIM swapping in New York.In January 2019, Terpin also set his sights on Truglia, whom his legal team has identified as the primary suspect in the SIM swap.SIM swapping is a…

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News 

Predators swap Petterson to Coyotes for Dauphin, Helewka

“Dauphin has played in 35 career NHL games with Arizona, including one game this season, and he has 192 career AHL games after being the 39th pick overall by the Coyotes in 2013” reports foxsports.com. Helewka is second on the Roadrunners with 31 points in 41 games, and the 6-2, 205-pound forward has played in 165 career AHL games after being the 106th draft pick in 2015 by San Jose. Source: foxsports.com

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News 

Sex robot owners swap used parts on forum…

“SEX ROBOT owners are swapping “used” parts and selling “bruised, battered” dolls on a creepy online forum” writes Sean Keach for thesun.co.uk. Sex dolls – and electronic sex robots – can often be prohibitively expensive, with top models costing upwards of £10,000.Sex robots are fast becoming a major sex industry trend, and the Doll Forum is evidence of that. Source: thesun.co.uk

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News 

Jet Airways seeks shareholder approval for debt to equity swap

“Jet Airways, saddled with debts of about $1.14 billion, has been hit by fierce competition, rupee depreciation and high oil prices” reports businessinsider.com. Jet shareholder Etihad Airways met with the Indian carrier and State Bank of India earlier in January to secure some form of rescue deal, Reuters reported.It will also seek permission to convert future loans into equity, the airline said in a regulatory filing https://bit.ly/2MCMiRs.FILE PHOTO: Jet Airways passenger aircraft prepares to land at the airport in the western Indian city of Ahmedabad Thomson Reuters BENGALURU (Reuters) –…

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