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Sunday, June 7, 2020

Japan's economy minister warns against deepening negative rates

Japan should focus on back-stopping struggling businesses rather than trying to spark overall demand in fighting the coronavirus pandemic, its economy minister said, suggesting the central bank should avoid pushing interest rates deeper into negative territory.


from Reuters: Business News https://ift.tt/2XI1lkf

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Heathrow substation fire: What went wrong?

Questions have been raised over what caused the outage and why back-up systems failed? from BBC News https://ift.tt/Ffv2Hdz