A major report on banking culture was just quietly scrapped https://t.co/7xzvqSoNQd— Indy Business (@TheIndyBusiness) December 31, 2015
Why has the FCA cancelled its report into banking?
Hello Kitty hacked with the data of 3.3m users making its way online #Cybersecurity https://t.co/DuG4Vrr1SJ— Wils Bell (@Sec_Headhunter) December 22, 2015
"Microsoft's Office 365 services - which provide online access to Word, Excel and Outlook, among other software - was offline for many users across Europe on Thursday due to a problem with Microsoft's cloud computing service, Azure.
Many users reported being blocked from accessing the Office 365 portal, with Down Detector, a website that tracks outages, seeing a spike in reports. Many appear to be related to problems signing in to Outlook, Microsoft's email portal."Stick to desktop applications, and beware sharing data on a shared resource such as the Cloud.
DIJSSELBLOEM SAYS AGREEMENT REACHED ON SECOND GREEK MILESTONES— MineForNothing (@minefornothing) December 2, 2015
"In theory the Greek parliament will pass the remaining legislative measures on Thursday. This will then pave the way for the cash release by the end of the week.Regarding what could go wrong, here is the answer as per Keep Talking Greece:
What could possibly go wrong?"
"Syriza lawmaker and former government spokesman Gavriil Sakellaridis submitted his resignation on Thursday morning, hours before the Parliament would be called to vote for the bill of prior actions and new austerity measures.Will the Greek government get its 151 votes today?
“Sakellaridis raised objections to the bill,” Greek media report adding that it was Prime Minister Alexis Tsipras who asked the government spokesman of the first Syriza government and ex Mayor candidate for Athens to resign.
Sources from the PM’s office allege that Sakellaridis was not going to attend the voting tonight, after his requests for some modifications on the multi-bill were turned down.
Important to note that Sakellaridis returns his parliamentary seat to SYRIZA with the effect that the ruling party will keep the existing number of seats (145).
In the Parliament, Sakellaridis will be allegedly replaced by a Alternate Minister for Administrative Reform Christoforos Vernadakis who did not manage to enter the Parliament in September elections.
However, media stress that “there is not time for the new MP to take an oath today” so that probably the coalition government will go voting with minus one vote, that is with 144 MPs from SYRIZA and 10 MPs from Independent Greeks in a Parliament of 300 seats.
It is not clear whether there will be more rebels in SYRIZA or ANEL during the day.
The government needs at least 151 votes to pass a bill."
#ECB's Mersch: It appears that the Greek government is still finding it hard to implement the agreed programme. /via @LesEchos #Greece— Yannis Koutsomitis (@YanniKouts) November 15, 2015
#Greece: SYRIZA (the party) calls for a strike against SYRIZA (the government). No, seriously. Now beat that!— Stratos Safioleas (@stratosathens) November 12, 2015
"The challenges in Greece are so big.Thus until Greece fundamentally reforms its tax collection system, it hasn't got a hope in hell's chance of moving forward. That will require a radical change of mindset by the Greek people, something they are probably not prepared to do.
It's about the complete lack of compliance, it's about a very weak tax administration, it's about the fact that paying taxes remains something that people don't want to do because they don't see how the money is spent.
Very often as tax people we lose sight of the fact that tax is just a means to fund a society. The reforms must take both into account”
This is a fascinating explainer on how China's rich circumvent capital controls to buy real estate abroad. https://t.co/hYRwjT9MVe— Joseph Weisenthal (@TheStalwart) November 3, 2015
“It was agreed that we go to Russia because it’s never been in Russia, eastern Europe, and for 2022 we go back to America. And so we will have the World Cup in the two biggest political powers.”The vote was rigged.
“The figures show the core strength of the Volkswagen Group on the one hand, while on the other the initial impact of the current situation is becoming clear. We will do everything in our power to win back the trust we have lost.”Volkswagen has a long and hard road to travel ahead!
"Change in gross domestic product (GDP) is the main indicator of economic growth. GDP is estimated to have increased by 0.5% in Quarter 3 (July to Sept) 2015 compared with growth of 0.7% in Quarter 2 (Apr to June) 2015."However, as I have noted many times before, statistics from the ONS are out of date and invariably revised. Therefore do not attach much weight to these figures.
It's Get Safe Online Week 😳 The icing on the #TalkTalk hack news story - #privacy #infosec pic.twitter.com/pYAFvQyx8y— Simon Moores الدكتور (@SimonMoores) October 23, 2015
Unemployment in the UK fell by 79,000 between June and August to 1.7 million.BREAKING: U.K. unemployment rate unexpectedly falls to 5.4% - lowest rate since mid-2008 http://t.co/zHZ9maUgDr pic.twitter.com/bGSbJ5ToDh— Bloomberg Business (@business) October 14, 2015
"It will hopefully be fewer, but in any case still far too many."The recall will begin in January 2016:
"...care goes before speed. If everything goes as planned, we can start the recall in January.
All the cars should be in order by the end of 2016."Volkswagen will have to fix the EA 189 diesel engine "in combination with various transmissions and country-specific designs. So we don't need three solutions, but thousands."
“Since the financial crisis, growth in China has relied heavily on investment and credit, with the biggest build-up of leverage going to state-owned enterprises, the real estate and construction sectors, and weaker corporates. This created growing vulnerabilities which — while still manageable — cannot continue to accumulate.”
"I am shocked by the events of the past few days.In the event that he really did not know anything about this, serious questions arise about the corporate governance within Volkswagen.
Above all, I am stunned that misconduct on such a scale was possible in the Volkswagen Group."
This is (full size) the email notice of the cut in the NS&I direct ISA interest rate. It is illegible so is it valid? pic.twitter.com/zAMTnVAhIS— Paul Lewis (@paullewismoney) September 17, 2015
House prices up more than 8% in Eastern England and over 7% in Northern Ireland, says ONS, new record levels in most of England— Simon Gompertz (@gompertz) September 15, 2015
Number who think U.K. interest rates will rise in next year “is highest since 2011" http://t.co/NgnTzOFllh pic.twitter.com/ilbnrHLeN9— Bloomberg Business (@business) September 11, 2015
"On the other hand, I think it is realistic that we achieve the 2016 targets."
"Finance Minister Natalie Jaresko reached an accord with a Franklin Templeton-led creditor committee that includes a 20 percent writedown to the face value of about $18 billion of Eurobonds, the first of which matures in less than a month.All very nice and dandy, except that Russia (its main creditor) has in fact rejected the deal.
The agreement also pushes back redemption dates by four years and sets interest at 7.75 percent on all maturities, according to an e-mailed statement from the Finance Ministry and the creditor committee.
Russia is being offered the same terms as private bondholders."
The Ukrainian Finance Ministry is either speaking in error, or it is lying.RUSSIA WON’T PARTICIPATE IN UKRAINE RESTRUCTURING: SILUANOV - LOL. So much for Ukraine's lie on "agreement with the main" ones— Russian Market (@russian_market) August 27, 2015
BREAKING: China's main stock market index plunges 7.6 percent in third straight day of declines.— The Associated Press (@AP) August 25, 2015
8:40 am NASDAQ 100 SEPTEMBER FUTURES HALTED AGAIN AS THEY HIT CIRCUIT BREAKER. And now unhalted for the second time— zerohedge (@zerohedge) August 24, 2015
NASDAQ HALTED FOR 3RD TIME— zerohedge (@zerohedge) August 24, 2015
Far-left rebels split from left-wing Syriza movement to form break away Popular Unity party in advance of September 20th Greek elections.— Andrew Neil (@afneil) August 21, 2015
"The political landscape must clear up. We need to know whether the government has or does not have a majority."I wonder when the Greek people will wake up to the fact that the bailout funds are not for them, but for their creditors?
Varoufakis has just posted his annotated version of the new MoU for #Greece. If you're a fan of cheap populism, you'll adore it.— Yannis Koutsomitis (@YanniKouts) August 17, 2015
Greek FinMin Tsakalotos: To Review Greek Bailout Every 3 Months— Live Squawk (@livesquawk) August 13, 2015
Greek MOU foresees rapid sale of ports, grid operator, airports http://t.co/7E1d739VFv— Reuters Top News (@Reuters) August 12, 2015
"It can't be done." https://t.co/niN1FJ4nLD— Mathieu von Rohr (@mathieuvonrohr) August 6, 2015
There will be no other prior actions legislation before ESM loan agreement ~#Greece gov't official— Yannis Koutsomitis (@YanniKouts) July 27, 2015
Additionally, as if things were not bad enough, people are not best pleased about providing Greece with a second bridging loan (as bailout negotiations are unlikely to be concluded - positively or negatively - before December).Senior CDU MP steps down as Bundestag’s Home Affairs committee chair in protest over third Greek bailout http://t.co/birH7gHqFf— Open Europe (@OpenEurope) July 24, 2015
"As I have noted several times before on this site, a fund (aka "fuck off money") has been set aside to be given to Greece as and when it exits, in order for Germany et al to wash their hands (with a "clean" conscience) of any further problems within Greece."The value of the fund has now been disclosed, it was Euro50BN.