Author: LoveWorld UK

 Facebook’s Libra cryptocurrency is readying to launch as early as January, the Financial Times reported on Friday, citing three unidentified people involved in the project. The Geneva-based Libra Association that will issue and govern Libra plans to launch a single digital coin backed by the dollar, the FT said, citing one of the people. The move would represent an even bigger scaling-back of the project’s ambitions than that proposed in April in response to a regulatory and political backlash against the project. Libra, unveiled by Facebook Inc last year, was relaunched in slimmed-down form after regulators and central banks across…

The new boss of Britain’s Financial Conduct Authority has begun a root-and-branch internal shake-up just over a month before the country’s full departure from the European Union will give the watchdog new rule-making powers. The FCA faces the tricky task of helping the financial sector navigate Brexit in the face of pressure from lawmakers for regulators to bolster the industry’s global competitiveness. The City of London’s finance industry faces being largely cut off from the EU, its biggest customer, as Brussels adopts a hard line on financial services which are not included in ongoing talks on a UK-EU trade deal.…

Significant differences remain between the European Union and Britain on fisheries, state aid and future dispute resolution in talks on a trade agreement, the EU’s chief negotiator Michel Barnier said on Friday. The trade deal is to replace from Jan. 1, 2021 the current transition period after Britain left the European Union at the end of last January to avoid tariffs and quotas on goods. “Same significant divergences persist. Traveling to London this evening to continue EU-UK talks with (Britain’s chief negotiator) David Frost and his team,” Barnier said in a tweet. Earlier on Friday, Barnier briefed envoys from EU…

The Ivory Coast international, sent off for a head-butt on Leeds United’s Ezgjan Alioski that Arteta called unacceptable last weekend, produced a fine finish in the 50th minute, shortly after striking the crossbar with a superb curling effort. Arsenal, disappointing in a drab first half against the Norwegian side they beat 4-1 at home, doubled their lead five minutes later when Reiss Nelson converted a precise low cross. Substitute Folarin Balogun, 19, made it 3-0 to the visitors with his first goal for the club, moments after coming on, silencing the smattering of home fans allowed inside the stadium. Arsenal’s…

President Donald Trump on Wednesday pardoned his former national security adviser Michael Flynn, who had twice pleaded guilty to lying to the FBI during the investigation into Russian meddling in the 2016 presidential election. Trump’s pardon, which could be the first of several after he lost the 2020 presidential election to Democrat Joe Biden, drew condemnation from Democrats and other critics. A retired Army general, Flynn pleaded guilty to lying to the FBI about interactions he had with Russia’s ambassador to the United States in the weeks leading up to Trump’s inauguration in January 2017. He has since sought to…

The Supreme Court blocked New York from imposing strict limits on attendance at religious services to combat Covid-19, with new Justice Amy Coney Barrett casting the pivotal vote to depart from past cases that deferred to state authorities on public-health measures. In orders issued shortly before midnight Wednesday, the court, in a 5-4 vote, set aside attendance limits that Gov. Andrew Cuomo imposed on houses of worship in areas most severely affected by the coronavirus: 10 people in red zones and 25 in orange zones. Chief Justice John Roberts and three liberal justices dissented. New York classifies places where coronavirus…

The British government on Thursday will set out which COVID-19 restrictions each local authority in England will face when a national lockdown ends next week allowing businesses to reopen in areas where infection rates are lower. Prime Minister Boris Johnson ordered England into a month-long lockdown in early November after coronavirus cases and deaths started to rise again, angering businesses and some of his own political party over the economic consequences. He set out new measures on Monday to replace the lockdown from Dec. 2, reinforcing a previous regional approach and warning that some areas would move into a higher…

Britain and the European Union can clinch a Brexit trade deal and the shape of one is clear but London will not sign up to an accord at any cost, Prime Minister Boris Johnson’s finance minister said on Thursday. With just five weeks left until the United Kingdom finally exits the EU’s orbit, both sides are trying to reach a trade deal that would avoid a tumultuous finale to the five-year Brexit crisis. “With a constructive attitude and goodwill on all sides we can get there,” Sunak told Sky. “It’s clear what the shape of the deal looks like.” “It…

Pennsylvania Secretary of State Kathy Boockvar’s certification of the state’s election results constitutes a “reckless” rush to judgment that started even before the election began, Rep. Guy Reschenthaler, R-Pa., said Tuesday night on Newsmax TV. “I don’t think we should be surprised that Secretary Boockvar – the person who said Pennsylvania was going to go to Joe Biden before voting even started – I don’t think anybody should be surprised that she certified the election, but it’s somewhat reckless, because the Trump campaign still has a pending lawsuit,” Reschenthaler told Tuesday’s “Stinchfield.” “As a lawyer, there is grounds for this lawsuit.”…

A double from Bruno Fernandes helped Manchester United to a 4-1 win over Istanbul Basaksehir at Old Trafford on Tuesday, keeping them top of Champions League Group H. After losing away to the Turkish side in the previous round of fixtures, the victory keeps United, with nine points from four games, on track to progress to the knockout stage, which they can reach with a win at home to Paris St Germain next week. PSG, who beat RB Leipzig 1-0 on Tuesday, are second, level on six points with German side, while Basaksehir have three. “I felt first half…