PUT THE POLITICIANS ON THE MINIMUM WAGE AND WATCH HOW FAST THINGS CHANGE
Civilisation has operated in two ways - To make one part of society more affluent and the other more wretched than would have been the lot of either in a natural state
There are Natural Rights and Civil Rights. Life, Liberty and the Pursuit of Happiness
Where Our Power to Execute Our Natural Rights is Perfect, Government has No Legitimate Jurisdiction
When the Forces for War are Greater than the Forces for Peace   Then the World is in Danger
Politics is not a Dirty Word. It is a Way of Life. How is Your Way of Life Today ?
Specs

SOMEONE TALKED – CALL FOR AN OFFICIAL INQUIRY

Specs

 

AT 10.20am

 

The Radical
13th Nov.2018

 

 

This morning the £pound sterling stood at £1.28.78/ to the $

 

IT ROSE ALL DAY 

 

By 17.12pm

it stood at 1.30.80 

 

UP 2 Cents 

 

SOMEONE MADE A KILLING

 

Buy £1 Million (YOU DON’T HAVE) at 10.20 and sell at 17.12

 

HOW MUCH PROFIT DO YOU MAKE ?

 

? £20,000

 

Thats called Capitalism

 

or is it Corruption ?

 

Pound soars after UK says Brexit deal text is agreed

 

 

LONDON (Reuters) – Sterling hit a 7-month high versus the euro and rocketed beyond $1.30 on Tuesday after the United Kingdom and European Union agreed on the text for a Brexit divorce deal.

 
 
 
 
 

Prime Minister Theresa May will present the draft withdrawal agreement to her senior ministers on Wednesday for discussion and then decide on the next steps, her office said in a statement that confirmed several British media reports.

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The news was cheered by investors hoping May can convince her ministers to back the draft agreement if there is to be enough time for a proposed Brexit summit of EU leaders in late November to approve it.

Brussels diplomatic sources had said they feared any delay in agreeing the text would increase the chances of rejection by May’s ministers or the British parliament.

 

 

“While there are still numerous hurdles ahead, sign-off on Wednesday could be a hugely important step towards getting a deal over the line before Christmas and avoiding a disastrous no deal scenario,” said Craig Erlam, market analyst at OANDA.

 

After the pound rose throughout Tuesday on growing hopes of a breakthrough, it surged in late European trading on British media reports that the withdrawal treaty text was provisionally agreed.

It shot up 0.9 percent to 86.56 pence EURGBP=D3 versus the euro, its strongest level since mid-April, with more than half the gain following the reports.

 
 
 

Wads of British Pound Sterling banknotes are stacked in piles at the Money Service Austria company’s headquarters in Vienna, Austria, November 16, 2017. REUTERS/Leonhard Foeger

Sterling also jumped as high as $1.3047 GBP=D3, up more than 1.4 percent on the day. That put the pound on course for its second-biggest daily rise since January.

 

Analysts cautioned that May still had to win over many members of her party as well as the Northern Irish Democratic Unionist Party, which props up her minority government.

 

“The devil will be in the detail of the Irish border issue. Everything hangs on that and ultimately whether Theresa May can get this past Parliament,” said Aberdeen Standard Investments Political Economist Stephanie Kelly.

 

 
U.S. Vice President Pence seeks ‘update’ on Japan trade talks

“She still has to convince them and the rest of Parliament and that’s not a foregone conclusion by any means.”

 

Volatility in the pound has surged as investors position themselves in a crunch week for the Brexit negotiations.

 

Investors’ expectations for price swings in the pound versus the dollar over the next one GBP1MO= and three months <GBP3MO= have soared to their highest since early 2017.

 

The British currency had tumbled on Monday on fears that talks were deadlocked less than five months before the official departure date of March 29, 2019.

 

Separately on Tuesday, official data showed British workers’ underlying pay rose at the fastest pace in nearly a decade in the three months to the end of September. The jobless rate unexpectedly picked up.

 

Editing by David Stamp/Mark Potter/Ken Ferris

 

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