Posts tagged as rush

Rush to Swedbank ATMs in Daugavpils was triggered by spreading false info

Thursday, October 24, 2019

Clients’ rush to Swedbank ATMs in Daugavpils on Wednesday night was triggered by spreading false information about the bank, Dace Jansone, a spokeswoman for the Financial and Capital Market Commission (FCMC). “The Latvian banking sector is stable. All Latvian banks carry on with their operations,” the regulator’s spokeswoman said. She indicated that the FCMC constantly assesses the situation and monitors developments in the banking sector. “The situation in Daugavpils on…

Rush to stockpile sweeps UK factories ahead of Brexit: PMI

Saturday, February 2, 2019

British factories stockpiled goods in January at the fastest rate since records began in the early 1990s as they braced for a potentially chaotic Brexit in less than two months’ time. The IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) also showed deepening pessimism across the sector which saw output grow by the smallest amount since July 2016. Sterling slipped against the dollar after the PMI fell to 52.8 from…

China is Still Trying Very Hard to Have a Negotiated Solution

Friday, September 28, 2018

Donald Trump chaired a meeting of the UN security council at the UN General Assembly on Wednesday where he accused China of interference in the upcoming US mid-term election. Pauline Loong, Hong-Kong-based economist, for her views on Trump’s rhetoric and economic war towards China. Trump’s accusations come as he imposed heavy trade tariffs on Chinese goods earlier this week. Accused of escalating a trade war, Donald Trump was undeterred as he threatened a further…