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About 8 billion to banks at discounted rates. The goal is to allow the firms to relend the money to small businesses. Its been more than 24 hours since swiss Central Banks shocked the financial world. It abandoned its cap on the euro an were still learning about the fall out. Regulators around the world are looking for information about what happened and how some retail brokerages entered insolvency. It says the volatility left it with a negative equity balance and its trying to sure up its capital. Lets take a look at whats happening with the u. S. Equity futures this morning. The dow was down by triple digits yesterday. The dow was indicated down by 42 points. S p few turs down by 6 and the nasdaq down by over 28 points. Of course as weve seen what happens in these early hours is no indication of what would happen by the market close. No indication of what would happen by the market open. So true. A lot of volatility out there. I ....
Yesterday as many people said the decks are so hot that their shoes were melting beneath their feet. Five people have died and many were injured among the 478 passengers and crew. Among the other stories we are watching today, sony says the Playstation Network is back online although it is still having problems. Playstation has been dealing with three days of disruptions that began on christmas and a group of hackers calling themselves the lizard squad is claiming credit. Speaking of sony its controversial movie the interview made 18 million in the opening weekend. And i think it was mostly independent theaters. The total was 15 million in online sales and another 2. 8 million in studio sales. The firm was purchased or rented online more than 2 million times on the four days through saturday. Four days after a competitor apple is now making the interview available on itunes. And in news watch today, oil clashes in libya smoki ....
Heading into day two of the final match in southampton. And not quite as windy today as it was yesterday. Overall, not a bad day for most of us, with sunshine and a few showers. Its saturday, the 22nd of august. Our top story parts of north west england are facing tighter lockdown restrictions from today amid rising concern over the increase in cases of covid 19. The Health Secretary, matt hancock, said the targeted measures were aimed at preventing a second peak of the virus. Heres what has changed. From today, residents in oldham as well as those in parts of pendle and blackburn can no longer socialise with anyone from outside their own households. Theres a new lower limit of 20 people allowed to attend weddings orfunerals. People are also being encouraged to not use public transport unless essential. Workplaces are unaffected, as are childcare facilities, and other businesses including pubs and restaurants can continue to ope ....