Dent Consolidation – Payday Loans For Livet http://paydayloansforlivet.com/ Sat, 18 Sep 2021 09:40:55 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://paydayloansforlivet.com/wp-content/uploads/2021/05/payday-loans-for-livet-icon-150x150.png Dent Consolidation – Payday Loans For Livet http://paydayloansforlivet.com/ 32 32 Exclusive: US shale oil company Pioneer Natural launches land sale https://paydayloansforlivet.com/exclusive-us-shale-oil-company-pioneer-natural-launches-land-sale/ https://paydayloansforlivet.com/exclusive-us-shale-oil-company-pioneer-natural-launches-land-sale/#respond Fri, 17 Sep 2021 17:35:02 +0000 https://paydayloansforlivet.com/exclusive-us-shale-oil-company-pioneer-natural-launches-land-sale/

By Arathy S Nair, David French and Shariq Khan

(Reuters) – Major U.S. shale oil producer Pioneer Natural Resources Co has put its assets in the Delaware Basin in Texas on the block, with the aim of securing more than $ 2 billion for the properties, said Friday to Reuters two sources familiar with the matter. A sharp rebound in crude oil prices following last year’s pandemic crash triggered a wave of shale consolidation and opened a window for producers to offload unwanted properties. Pioneer wants to streamline operations and reduce debt after two big acquisitions this year. In March, she sold an oil services company for an undisclosed amount.

There was no guarantee that Pioneer would end up making a deal. The company did not immediately respond to a request for comment.

A sale would leave Pioneer to focus on the Midland part of the Permian, its traditional base. The assets currently for sale were acquired with the purchase of Parsley Energy for $ 4.5 billion, the sources said. Parsley has about 350 wells in four counties in the Delaware Basin. Pioneer chief executive Scott Sheffield told investors last week that the company would likely cede some of its less productive acreage in the Delaware and Midland basins in Texas. Pioneer made two multi-billion dollar buyouts this year. After closing its deal with Parsley in January, Pioneer paid $ 6.2 billion for Midland Basin rival DoublePoint Energy. The deals brought Pioneer’s total debt to $ 6.9 billion at the end of June, from $ 3.1 billion six months earlier, according to regulatory documents. As part of the industry’s broader goal of improving investor sentiment after years of substandard returns relative to other economic sectors, U.S. shale companies have increased buyouts and dividends. Last month, Pioneer announced plans to start paying a variable quarterly dividend until September, starting in the first quarter of 2022.

(Reporting by Arathy S Nair and Shariq Khan in Bengaluru and David French in New York; editing by David Evans)

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Beijing bypasses Biden’s nuclear submarines https://paydayloansforlivet.com/beijing-bypasses-bidens-nuclear-submarines/ https://paydayloansforlivet.com/beijing-bypasses-bidens-nuclear-submarines/#respond Fri, 17 Sep 2021 10:46:23 +0000 https://paydayloansforlivet.com/beijing-bypasses-bidens-nuclear-submarines/

Reuters
Reuters

(The author is a Reuters Breakingviews columnist. The opinions expressed are their own.)

HONG KONG (Reuters Breakingviews) – China formally asked to join the Comprehensive and Progressive Agreement on Trans-Pacific Partnership, shortly after the United States and the United Kingdom decided to arm Australia with sub- nuclear sailors to challenge Beijing’s assertiveness. It is insolent for President Xi Jinping to try to strike a trade pact specially crafted by frustrated US trade negotiators to contain Chinese state-owned enterprises. The leader may not even be willing to make the concessions that would persuade skeptical trading partners like Japan to admit it. But that might not be the point.

President Joe Biden has not relaunched negotiations to join the CPTPP, already signed by 11 countries with a combined economic output of around $ 14 trillion, thanks to national opposition. China’s candidacy only strengthens its argument that it is a bigger supporter of free trade than the White House. And it shows that Beijing does not want to compartmentalize negotiations with Washington or Canberra. Military measures can be countered with economic measures, while climate cooperation will require US concessions elsewhere. Who contains who? (By Pete Sweeney)

On Twitter http://twitter.com/breakingviews

Capital Calls – More Concise Information About Global Finance:

Refrigerator deal foreshadows camping peak

The flavor boom will lead to more transactions

Biden channels Trump on China

Ryanair launches the challenge of consolidation

The train deal has a messy endgame

(Edited by Robyn Mak and Karen Kwok)

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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Volvo Cars gears up for $ 20 billion IPO in coming weeks, sources say, Auto News, ET Auto https://paydayloansforlivet.com/volvo-cars-gears-up-for-20-billion-ipo-in-coming-weeks-sources-say-auto-news-et-auto/ https://paydayloansforlivet.com/volvo-cars-gears-up-for-20-billion-ipo-in-coming-weeks-sources-say-auto-news-et-auto/#respond Thu, 16 Sep 2021 02:24:00 +0000 https://paydayloansforlivet.com/volvo-cars-gears-up-for-20-billion-ipo-in-coming-weeks-sources-say-auto-news-et-auto/ STOCKHOLM – Chinese company Geely Holding is in advanced talks with banks to list its Volvo Cars unit in the coming weeks, three sources told Reuters in what is expected to be one of Europe’s largest IPOs This year.

Volvo Cars is targeting a valuation of around $ 20 billion in the planned stock exchange listing in Stockholm, the sources said, with one saying the launch was slated for late September.

Goldman Sachs and SEB are leading the deal, while other banks including BNP Paribas, Carnegie and HSBC are also involved in the deal, the sources added.

Volvo Cars declined to comment. Geely did not immediately respond to a request for comment sent by email outside of normal business hours in China. SEB and Goldman Sachs declined to comment. The other banks were not immediately available.

Geely, who bought Volvo from Ford Motor more than a decade ago as part of a Chinese company’s largest acquisition of a foreign automaker, sought to introduce shares in the Swedish company in 2018, but has then withdrew the deal citing trade tensions and an auto slowdown. actions.

Traditional automakers have fallen out of favor in recent years, as Tesla has grown into one of the world’s most valuable companies, with a focus on electric vehicles.

Many European companies have turned to the electric sector, including Volvo Cars, which aims to manufacture only fully electric cars by 2030 and has a 49.5% stake in electric car maker Polestar.

EVALUATION

Gothenburg-based Volvo Cars is aiming for a valuation of around $ 20 billion, one source said, while another cited a possible range of $ 20 billion to $ 30 billion.

A third source suggested that a valuation of $ 16 billion was more realistic, citing the company’s revenue outlook.

A $ 20 billion valuation for Volvo would be six to seven times its profits, a high level some analysts say, even if that would put it in line with rivals Daimler and BMW. Tesla’s valuation is over 70 times.

NordLB automotive analyst Frank Schwope estimated a valuation range of $ 10 billion to $ 15 billion.

“The strong margins observed in the first half of 2021 are not sustainable, as the market has benefited from a strong post-pandemic rebound which is not expected to continue,” said Schwope.

For Geely founder Li Shufu, who bought Volvo for $ 1.8 billion, the announcement is a milestone on the transportation route of the future, where cars are part of an electrified network of mobility services. generating data and business opportunities.

Many startups have taken advantage of the investor frenzy for electric vehicles this year. Rivian, who took their first electric pickup off the production line this week, will request a review https://www.reuters.com/business/autos-transportation/amazon-backed-rivian-seeking-70-80-billion- 2021-08-27-ipo-source-valuation of around $ 70 billion to $ 80 billion when it goes public at the end of this year, sources told Reuters.

Nordea’s chief investment officer John Hernander said the bank was interested in buying Volvo shares if a large enough part of the company was sold to keep liquidity high.

“This is the key. We and many others were really disappointed with Traton’s low liquidity,” he said, drawing a parallel with the 2019 IPO of the truck unit, in which the Volkswagen owner issued 11.5% of the shares.

Volvo this month warned that sales volumes in the second half of 2021 could drop year on year after being forced to cut production due to material shortages.

The automaker, owned by Chinese company Geely Holding, said its sales fell 10.6% from a year ago in August, despite strong underlying demand, and warned that the potential decline volumes in the second half could have an impact on revenues and profits.

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Arvind SmartSpaces raises Rs 85 crore from investors, Real Estate News, ET RealEstate https://paydayloansforlivet.com/arvind-smartspaces-raises-rs-85-crore-from-investors-real-estate-news-et-realestate/ https://paydayloansforlivet.com/arvind-smartspaces-raises-rs-85-crore-from-investors-real-estate-news-et-realestate/#respond Fri, 10 Sep 2021 12:31:00 +0000 https://paydayloansforlivet.com/arvind-smartspaces-raises-rs-85-crore-from-investors-real-estate-news-et-realestate/ NEW DELHI: The Board of Directors of Arvind SmartSpaces (ASL) approved the allocation of 68.5 lakh of shares, totaling approximately Rs 85 crore to HDFC Capital Affordable Real Estate Fund-1 (H-CARE 1) and to ASL promoters at a price of Rs 124 / – per share in accordance with SEBI ICDR 2018 regulations, the company said in a press release.

Sanjay Lalbhai, President of Arvind SmartSpaces, said, “This injection of long-term patient capital into the business will give us the flexibility to pursue strategic growth in all segments in which we operate. The improved equity base and low leverage give the company significant leverage to raise additional capital to pursue value-creating opportunities. “

Vipul Roongta, MD and CEO of HDFC Capital Advisors said, “This investment meets our goal of providing long-term capital, equity and mezzanine capital to leading developers for the development of affordable and middle-income housing in India. We believe that consolidation in the residential sector is a given and that developers with a strong brand presence need to capture a disproportionate share of the market. “

Metta Capital acted as ASL’s exclusive financial advisor for this transaction. Wadia Ghandy acted as legal advisor to ASL for this transaction and AZB acted as legal advisor to HDFC Capital Advisors. Source link

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Porsche to open plant in Malaysia, first outside Europe, Auto News, ET Auto https://paydayloansforlivet.com/porsche-to-open-plant-in-malaysia-first-outside-europe-auto-news-et-auto/ https://paydayloansforlivet.com/porsche-to-open-plant-in-malaysia-first-outside-europe-auto-news-et-auto/#respond Fri, 03 Sep 2021 13:10:00 +0000 https://paydayloansforlivet.com/porsche-to-open-plant-in-malaysia-first-outside-europe-auto-news-et-auto/
The manufacturing site in northern Kedah state will perform final assembly of specific models for the local market, the company and Malaysian officials said.

Kuala Lumpur: German luxury car maker Porsche will open its first plant outside Europe in Malaysia next year, officials said on Friday, seeking to meet strong demand in the Southeast Asian country.

The manufacturing site in northern Kedah state will perform final assembly of specific models for the local market, the company and Malaysian officials said.

Malaysian Commerce Minister Azmin Ali said it was a “strategic move by Porsche signifying its commitment to establish a long-term presence in” Southeast Asia.

Albrecht Reimold, board member of the Volkswagen-owned brand, said the new plant, established in collaboration with a local partner, was a “stand-alone project of modest size and capacity”.

But he added that “it signals our willingness to learn and adapt to specific local market conditions.”

Currently, Malaysians who want to buy a Porsche have to pay high tariffs for imported vehicles. Other foreign automakers have a long history of operating assembly plants in the country to serve the local market.

Malaysia has a rapidly growing middle class and has seen robust growth rates in recent years, although a severe coronavirus outbreak has hit the economy hard.

Read also:

The company plans to shut down production at its Palencia plant, where it assembles its Kadjar and Megane models, for 61 days, and its Valladolid plant, where it manufactures Capture SUV crossovers, for up to 40 days, has it. she declared.

The automaker, owned by Chinese company Geely Holding, said sales fell 10.6% from a year ago in August, despite strong underlying demand, and warned that the potential decline volumes in the second half could have an impact on revenues and profits.

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the essential infrastructure of democracy | Benton Institute for Broadband and Society https://paydayloansforlivet.com/the-essential-infrastructure-of-democracy-benton-institute-for-broadband-and-society/ https://paydayloansforlivet.com/the-essential-infrastructure-of-democracy-benton-institute-for-broadband-and-society/#respond Wed, 01 Sep 2021 11:00:09 +0000 https://paydayloansforlivet.com/the-essential-infrastructure-of-democracy-benton-institute-for-broadband-and-society/

Wednesday, September 1, 2021

Digital rhythm

Michael copps
Cops

Isn’t it curious how many “conservative” politicians are calling for regulation and even for the shattering of internet giants? That’s not what they’re supposed to do to stay true to themselves, is it? Historically, government scrutiny and breach of trust have been anathema to these people, but as we have learned over the past few years, consistency of thought is often left in the distant wake of their crusade for a benefit. partisan. Their goal is to replace the openness of the Internet by limiting freedom of expression and opening the floodgates to even more media disinformation.

But whoever suggests more oversight and less industry consolidation for traditional the media – the giant television and cable industries – and those same politicians and their supporters go to the barricades to brush aside any suspicion of public scrutiny. “Too intrusive”, we are told, unacceptable and unconstitutional. The cake are many in those older traditional media companies who are only too happy to engage in the battle against the new media of the Internet, as long as it distracts attention and action from their own monopolies, which are as threatening to the public interest as anything the “new” guys do

It might be fun if it wasn’t so dangerous. But the sad reality is that America’s news and information ecosystem is eating away at our democracy. And we don’t pay attention, in part because neither the traditional media nor the new media are up to their responsibility to cover the problem. They are not about to discipline themselves. (And how laughable it is to see expensive ads from Facebook saying that it supports updating internet regulations when, of course, they will fight to the death in anything that looks like real internet surveillance. public interest.) The most important point here is that the success of self-reliance depends on a well-informed population. Democracy is based on the belief that an informed electorate is best able to determine the direction of government. But if we, the people, are deprived of the information and facts necessary to make sound judgments, we will make decisions that harm our nation. I will give up on documenting how far we have already traveled the path of regrettable decision-making.

The mainstream media, both traditional and online, are not that different. They are consolidated, corporatized and dedicated to the same objective: net income. To get there, they engulfed competition, discouraged independent entrepreneurship, ignored community needs, diminished factual information, and turned consumers – you and me – into nothing more than products to sell to advertisers.

MuseumTo hell with real journalism! The only game that matters is ratings, subscriber numbers, and user engagement online. Local community journalism is a shell of itself, and the truly independent media that remain (yes, some actually still exist) are fighting an uphill battle to survive. Newsrooms across the country have been closed, downsized or merged. Newsroom jobs are half of what they were 15 years ago. Most of the time, we get “if it bleeds, it leads” news, famous weather forecasters, and sports. Consolidated media spread infotainment at the expense of investigative journalism. Whole “beats”, like the coverage of state houses (where many more laws are passed than in Congress) and local governments, are largely a thing of the past. Partisan opinion is the order of the day. It is the enemy of our nation’s needs.

Some claim that online journalism makes up for the loss of news and information from traditional media. It’s ridiculous. Most of the “news” we read online is produced by newspapers and television. The online giants spread it amid a slew of ads from where they are making barrels of money. But they don’t give the producers of this news anything, or a pittance, for it. To be clear, there is no model for an online information infrastructure. Yes, there are a number of successful online sites out there, but they are few in number and the number of people they employ is hardly a barrier to the growing unemployment in newsrooms.

How do you solve this problem and give the American people the news and information they need? Well, there is no quick fix. I don’t even know if the news and information from the commercial media can be fixed in the current environment. Redress would of course involve antitrust action, as no company in a democratic society should be allowed to wield such power and influence as these giants. The remedy would also involve public interest oversight by agencies such as the Federal Communications Commission and the Federal Trade Commission. At the FCC, we had rules, regulations, and guidelines for broadcasters if they wanted to get a license to use the airwaves that were not theirs, but all of us. Most of them have been abandoned or ignored. They must be (1) brought back and (2) reinforced. But it will take a strong push from the administration and independent agencies to make this happen. Congress must also be involved and enact reforms that not only provide short-term financial support to local media, but also investments to meet the civic information needs of our communities. But with the lobbying power and endless buckets of campaign contributions from big interests, it’s a very steep hill to climb. Administrations and agencies under Republicans and Democrats failed at the task.

Traditional and online media should be treated in a consistent and similar way. This doesn’t mean that everything that applies to one has to apply to the other, but it does mean that we should not treat them differently or choose one to get attention while ignoring. the other. They are joined at the hip. It is a news and information infrastructure that we are talking about.

Part of the solution must involve state-backed media. The amount of money Congress allocates each year to public broadcasting is a drop in the bucket compared to what other democracies invest in theirs. We get a good return on those limited dollars, but public stations across the country need real money to produce real community news. I have often said that public broadcasting is the jewel of broadcasting, but Congress and successive administrations have denied it anything that comes close to its real needs. And of course there must be significant support for in line public media.

My preference is for a mix of actions. Antitrust laws, public policy rules and regulations, and significantly increased support for public media are each an essential part of a successful news and information strategy. Media that reflects the public interest, informs our civic dialogue and increases the chances of successful self-government in a struggling country is, I believe, the most important infrastructure of all.


Michael Copps was Commissioner of the Federal Communications Commission from May 2001 to December 2011 and Acting Chairman of the FCC from January to June 2009. His years on the Commission were marked by his strong advocacy of the “public interest”; raising awareness of what he calls “non-traditional stakeholders” in FCC decisions, particularly minorities, Native Americans and various communities with disabilities; and actions to stem the tide of what he sees as excessive consolidation in the country’s media and telecommunications industries. In 2012, former Commissioner Copps joined Common Cause to lead its media and democracy reform initiative. Common Cause is a non-partisan, non-profit rights organization founded in 1970 by John Gardner to empower citizens to have their voices heard in the political process and to hold their elected leaders accountable for the public interest. Learn more about Commissioner Copps in The Media Democracy Agenda: Strategy and Legacy of FCC Commissioner Michael J. Copps

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Xi Jinping’s transplant breakers probe Jack Ma’s hometown and rising star of Xi’s Zhejiang clan – SupChina https://paydayloansforlivet.com/xi-jinpings-transplant-breakers-probe-jack-mas-hometown-and-rising-star-of-xis-zhejiang-clan-supchina/ https://paydayloansforlivet.com/xi-jinpings-transplant-breakers-probe-jack-mas-hometown-and-rising-star-of-xis-zhejiang-clan-supchina/#respond Tue, 31 Aug 2021 23:03:45 +0000 https://paydayloansforlivet.com/xi-jinpings-transplant-breakers-probe-jack-mas-hometown-and-rising-star-of-xis-zhejiang-clan-supchina/



Xi Jinping’s transplant breakers probe Jack Ma’s hometown and rising star of Xi’s Zhejiang clan – SupChina
























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Red Cards and the Eggshell Trophy: An Overview of West Ham’s Woes in the PL Era in Europe https://paydayloansforlivet.com/red-cards-and-the-eggshell-trophy-an-overview-of-west-hams-woes-in-the-pl-era-in-europe/ https://paydayloansforlivet.com/red-cards-and-the-eggshell-trophy-an-overview-of-west-hams-woes-in-the-pl-era-in-europe/#respond Thu, 26 Aug 2021 08:18:20 +0000 https://paydayloansforlivet.com/red-cards-and-the-eggshell-trophy-an-overview-of-west-hams-woes-in-the-pl-era-in-europe/

West Ham and European competition are about as well balanced as the consolidation of Norwich City and the Premier League.

David Moyes’ surprisingly successful campaign last season saw the Hammers automatically qualify for the group stage of a European competition for the first time since the dawn of the Premier League era, a period that saw their sporadic and largely pitiful attempts to bring glorious European nights to east London reflect their ever-fluctuating fortunes.

Four times they have tried in Europe since 1992, four times they have had varying degrees of failure – and each case has resulted in the same feeling of frustration for the fans. When they sing that their hopes “vanish and die” they are not kidding.

1999-2000 – Glory of Intertoto, ignominy of the UEFA Cup

Even a record fifth place was not enough to secure UEFA Cup football for Harry Redknapp’s side the previous season.

With just one automatic qualifying spot, West Ham faced three home and away matches in the less glamorous and now defunct Intertoto Cup to earn a spot in the UEFA Cup first round.

Four of the matches were played before the start of the new Premier League season, and after beating Finns FC Jokerit and Dutch SC Heerenveen, West Ham narrowly lost the first leg of the final 1-0 to Metz .

They managed to win the second leg convincingly 3-1 at Saint-Symphorien Stadium, a night Harry Redknapp has since described as his “finest night as West Ham manager”.

It is somewhat doubtful, however, that the Intertoto Trophy stands proudly in West Ham’s spacious trophy cabinet.

For Steve Lomas, a longtime servant of the club, the trophy presentation didn’t even extend to a winner’s medal.

“The trophy was so small. It’s the only trophy I’ve won in my career – that little egg-sized mug… I think John Moncur may have tossed it through the locker room, so into the trophy cabinet. of West Ham, there could be a gash in it ”, Lomas told Athletic in 2019.

Qualified for the first round of the UEFA Cup, they were drawn against NK Osijek of Croatia, where the war of independence had ended four years earlier.

“The place we stayed in was a hospital, which had been turned into a hotel, and Igor Stimac knew the guys who had defended the city. I remember him showing us where the city had been hit hard, ”Lomas recalls to The Athletic.

“There were a lot of people and then this guy opened the trunk of his car and there was an arsenal of weapons, from AK-47s to Uzis. I think 300 people defended the city during the civil war. I thought Belfast was bad until I saw this place.

Despite this shock, NK Osijek did a light job, beating the Croatian team 6-1 on aggregate. However, the Hammers bubble would burst alongside a country they would return to in the years to come.

A disappointing 2-0 defeat in Romania to Steaua Bucharest – thanks to two shocking examples from the East London School of Defending – was followed by a 0-0 draw at Upton Park which went scoreless despite both teams adorning each other’s goals with long-term efforts.

Thanks to a remarkable demonstration of agile guarding, West Ham’s European dreams came to an end in early November.

Harry Redknapp left the club at the end of the following season and, in true West Ham style, the club were relegated two years later.

2006-07 – A Sicilian Nightmare

Alan Pardew’s West Ham side managed to exceed expectations on their return to the Premier League, reaching UEFA Cup first round qualification following their run to the 2006 FA Cup final in Liverpool, and were drawn with Palermo, then Serie A team.

Anglo-Sicilian relations have not had the most pleasant start, as several West Ham fans have purchased several ill-advised custom T-shirts bearing the slogan “The Hammers vs The Mafia” outside Upton Park before the first leg.

Expectations were high after the club surprised the footballing world just weeks by announcing the signing of Argentina internationals Carlos Tevez and Javier Mascherano.

Both players got their first starts as West Ham lost the first leg to a clinical penalty from Andrea Caracciolo at the stroke of half-time.

The return leg was simply a disaster of seismic proportions for the team and the club.

Before the match, large groups of West Ham fans engaged in battles with local fans and the police, which made the city’s Teatro Massimo district resemble a scene from Danny Dyer’s international football factories. .

West Ham supporters who had managed to avoid being arrested before the match then occupied a large corner of the Stadio Renzo Barbero and, accustomed to the usual ineptitude of their team in European Cup competition, would not have been shocked by the display that unfolded before their eyes.

Pardew went for a bold team selection with an attacking line including Marlon Harewood, Carlton Cole and Tevez, all of whom missed chances in a West Ham-dominated first half. The choice of the field was an acrobatic aerial kick from Harewood brilliantly saved by Palermo goalkeeper Alberto Fontana, 39, who showed the reflexes of a stopper half his age.

Yet before half-time West Ham had to pay for his lavishness when he conceded on a short free kick and their misery was compounded by scoring two second-half goals on the block. -attack while continuing the draw.

Their European dream was shattered again before it even started, and Alan Pardew was sacked 10 weeks later.

READ: Why Carlos Tevez and Javier Mascherano’s shady deals should be celebrated

2015-16 – “champions” of fair play

At the end of Sam Allardyce’s tenure at the club, West Ham boasted of the enviable honor of dominating the Fair Play League.

Entering the first qualifying round on July 2, West Ham passed the Andorran side Lusitanos without a hitch, despite an early red card for Diafra Sakho.

The second round was not that easy for a team in transition to a change in management style under Slaven Bilic. West Ham needed a penalty shootout to pass brave Maltese club Birkirkara FC after falling to ten after James Tomkins was sacked for a harmless scramble.

Romanians Astra Giurgiu, winners of Inverness Caledonian Thistle, were their opponents in the third round.

Bilic’s men watched cruise control for the first hour of the game until, almost fatally, they self-destruct when James Collins saw red for a second yellow.

West Ham’s “fair play” label had gone from a funny joke to an entirely ridiculous notion.

As might be expected, they conceded twice in the last twenty minutes – the second a desperate clearance from Angelo Ogbonna who looped his own goalkeeper – to put the Romanians back in control of the draw. who won the second leg 2-1 against a young Hammers team.

2016-17 – Oh no, not them yet

A memorable farewell at Boleyn Stadium resulted in a seventh place finish, securing a qualifying berth for the Europa League third round thanks to Manchester United’s victory in the FA Cup final.

And at the start of the new season, their fans were still raving about the scintillating football played by their Dimitri Payet-inspired team.

Making their debut at their new London stadium, expectations were higher than ever as they hosted Slovenian NK Domzale, who clinched a comfortable 3-0 victory, a week after a less convincing performance in the 2-1 loss to the ‘outside.

All eyes were wide open, ready to see who would stand between them and the seemingly elusive European group stages.

Enter a household name that still occupied the open space of many Hammers fans: Astra Giurgiu, the third-round opponent from last season.

This time, Bilic’s men first faced the move to southern Romania and came away with a 1-1 draw in a largely uneventful game.

The second leg was arguably the most difficult outing for Hammers fans; eliminated by a team which had won only one of its five domestic games that season, despite dominating the debates from the first minute and a lack of chances.

They fell behind at the stroke of half-time during a rare opposing counter-attack and despite seventeen attempts on goal – including two incredible point-blank saves by the Romanian stopper – they engulfed themselves full time, eliminated at the same stage, from the same team, the crowd not at all surprised but still bitterly disappointed.

David Moyes has to thank his lucky start that there are no qualifying games to go this season. He will also be happy to know that Astra Giurgiu is now playing in the Romanian second tier.

Through Hal walker


More from West Ham

‘Tartan Simeone’ Moyes moves to London Stadium in West Ham

‘Too good to come down’: unraveling the mystery of West Ham’s relegation in 2003

Can you name all the players who have scored more than 10 Premier League goals for West Ham?

The Jonathan Calleri Story: Crazy Rabonas and Another West Ham Disaster


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Weakness could be put on hold this week, according to Swedbank, Soc Gen https://paydayloansforlivet.com/weakness-could-be-put-on-hold-this-week-according-to-swedbank-soc-gen/ https://paydayloansforlivet.com/weakness-could-be-put-on-hold-this-week-according-to-swedbank-soc-gen/#respond Tue, 24 Aug 2021 06:46:27 +0000 https://paydayloansforlivet.com/weakness-could-be-put-on-hold-this-week-according-to-swedbank-soc-gen/

– USD rally takes a break
– Allows the GBP / USD to go back above 1.37
– Jackson Hole could be a wet firecracker
– But the USD’s medium-term advance remains likely, some say

Image © Adobe Images

  • GBP / USD reference rate at publication:
  • Place: 1.3740
  • Bank transfers (indicative guide): 1.3359-1.3450
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The pound / dollar exchange rate (GBP / USD) rallied above the 1.37 region as the relentless rally in the dollar could reverse some of the gains recorded the week before.

The exchange rate recovered from an August low of 1.3602 to 1.3744 at the time of writing, with currency analysts saying the dollar may have been due to a period of consolidation before the emergence of the Federal Reserve Chairman Jerome Powell at the Jackson Hole Symposium which is due to start on Thursday.

“Technically the dollar looks toppy and a DXY correction below 93.0 could ensue if Powell remains vague on the timing and terms of the tapering,” said Kenneth Broux, senior strategist at Société Générale.

Pound to Dollar Chart

Above: GBP / USD trended lower in August, but finds support just above 1.36.

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The dollar is one of the best performing currencies of 2021, having gained against all of its peers as markets grew confident the Fed would scale back its quantitative easing program (tapering), a move that would ultimately precede a rise in prices. interest rate.

The timing of the reduction remains one of the most important topics in financial markets and will ultimately help determine how the dollar trades until the end of 2021.

Anders Eklöf, chief currency strategist at Swedbank, said he expects the dollar rally to pause this week as Jackson Hole will not provide the fuel dollar bulls need to earn further gains. .

“Powell is unlikely to present firm political details on the timing and pace of the reduction rather than elaborate on policy in general,” Eklöf said.

The consensus among analysts is that the Fed will signal a slowdown at its November meeting and begin the process in December.

However, a call in September cannot yet be ruled out, a development that would be favorable to the dynamics of the dollar.

But the Kansas City Fed announced last week it will virtually host the Jackson Hole Symposium, a timely reminder that the Delta variant of Covid-19 is pushing up case rates in the United States, which could slow the economic rebound and give the Fed pause for thought.

“Overall, the USD rally should come to a halt this week in our opinion, given the USD’s long positioning and lack of additional fuel / triggers,” Eklöf said.

Any downturn could therefore offer those looking to buy dollars a trading opportunity, especially since the general feeling remains that the US currency has the potential to advance in the medium term (coming months).

The dollar has already dominated this year and holds gains against all of its G10 peers except the Canadian dollar and the British pound, against which it holds tiny losses of half a percent.

Relative performance of the dollar

Above: performance in USD in 2021.

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“Macroeconomic developments are moving towards a ‘golden loop’ situation, favoring the USD,” said Terence Wu, FX strategist at OCBC.

“The outlook for global growth again looks weak relative to the United States due to Delta’s concerns. However, it is not enough for the Fed to reverse its hawkish bias,” Wu said.

Valentin Marinov, head of G10 FX strategy at Crédit Agricole, describes this win-win environment for the dollar as “the smile of the USD”.

“The USD has reappeared as a high-yielding safe haven currency that tends to outperform during bouts of risk aversion thanks to its superior liquidity, but which also performs well in times of risk thanks to the relative resilience of the dollar. ‘American economy,’ Marinov said. .

The safe-haven qualities of the dollar were demonstrated over the past week amid a massive sell-off in the global stock market, linked to fears that the expanding Delta variant could start the economic rebound in regions such as China. and Southeast Asia.

These fears remain relevant today, even though the stock markets have rebounded.

“The large uncertainty shock from COVID-19 has revealed the US dollar’s unparalleled safe haven status in times of crisis. Yet unlike other safe havens, the dollar also performs well in economic rebounds led by the US dollar. United States, “said Marvin Barth, head of macro FX & EM. Strategy at Barclays.

The latest IMF forecasts show that they anticipate global economic growth of 6.0% in 2021 and 4.9% in 2022, with advanced economies showing growth of 5.6% and 4.4%. But they predict that the United States will lead with growth of 7.0% and 4.9% in 2021 and 2022 respectively.

Nordea Markets claims that the US dollar tends to rise when US growth expectations rise relative to the rest of the world and vice versa:

Growth forecasts in USD

“Now that the peak of growth is behind us, investors are increasingly focusing on future economic activity, which favors the United States. If the US dollar continues to appreciate, that will be bad news for the US. risky assets like stocks and commodities, ”says Jeroen Blokland, a Portfolio Manager at Robeco.

Goldman Sachs modeling reveals that the downward revision in global growth expectations has weighed 100-250bp on G10 currencies against the dollar since late July.

“Both engines probably have to turn for the broad dollar to fall steadily,” said Zach Pandl, strategist at Goldman Sachs.

“Given the important role that global growth expectations appear to have played in the recent performance of the G10 FX, we will need to be more confident that the delta epidemics are abating before recommending further pro-cyclical short selling on the market. dollar, ”Pandl said.

The overall favorable context for the dollar therefore remains intact and any pause in the currency’s growth could therefore prove to be fleeting in nature.

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USD / CAD Holds On Gains Near One-Month Highs, Above Mid-1.2700s https://paydayloansforlivet.com/usd-cad-holds-on-gains-near-one-month-highs-above-mid-1-2700s/ https://paydayloansforlivet.com/usd-cad-holds-on-gains-near-one-month-highs-above-mid-1-2700s/#respond Thu, 19 Aug 2021 13:21:45 +0000 https://paydayloansforlivet.com/usd-cad-holds-on-gains-near-one-month-highs-above-mid-1-2700s/
  • A combination of supporting factors pushed USD / CAD near one-month highs on Thursday.
  • The Fed’s reduction plan and the risk aversion spirit acted as a tailwind for the greenback.
  • A prolonged decline in crude oil prices undermined the loonie and remained favorable.

The USD / CAD now appears to have entered a bullish consolidation phase and has been seen hovering in a range above the mid-1.2700, or near the one-month highs hit earlier this Thursday.

The pair built on its recent rebound from the key psychological 1.2500 bar and gained strong follow-up traction for the fourth day in a row. The momentum pushed the USD / CAD pair to the highest level since July 20 and was supported by a combination of factors.

Investors now seem convinced that the Fed is comfortable with reversing the crisis stimulus. In fact, the minutes of the July FOMC meeting released on Wednesday revealed the assessment of policymakers that progress had been made towards maximum employment and price stability targets.

Expectations that the Fed will start cutting asset purchases as soon as possible, along with the prevailing risk aversion environment, have pushed the safe haven US dollar to nine-month highs. This, in turn, was seen as a key factor that continued to push the USD / CAD pair higher.

The USD maintained its bid tone throughout the first North American session and did not appear affected by the mixed US macro releases. Weekly jobless claims in the United States fell to 348K from 377K previously, while the Philly Fed manufacturing index fell to 19.4 in August from 21.9.

On the other hand, the commodity-linked loonie was undermined by a further decline in crude oil prices. Concerns that the rapidly spreading Delta variant of the coronavirus could derail the global economic recovery and that demand for fuel has pushed oil prices near their three-month low.

Meanwhile, the oscillators on the hourly charts are already showing extremely tense conditions and have also started to enter the overbought zone on the daily chart. This seemed to be the only factor that kept the bulls from placing new bets and capping the winnings for the USD / CAD pair.

Nonetheless, the underlying backdrop remains strongly tilted in favor of bullish traders and supports the prospects for an extension of the recent positive movement. Therefore, any significant drop could be seen as a buying opportunity and remain limited, at least for now.

Technical levels to watch

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