Its a bizarro Cast Away.
© APU GOMES
A man wearing a face mask as a preventive measure against the spread of the COVID-19 Coronavirus, looks at Cruise Ships docked at the port due to a no-sail order in Long Beach, California on April 11, 2020. (Photo by Apu GOMES / AFP) (Photo by APU GOMES/AFP via Getty Images)
At least 12,000 crew members are still stranded on cruise ships in U.S. waters because of the coronavirus pandemic, USA Today reported.
More than 40,000 people were stranded worldwid…
ASX rises; Westpac forecasts October rate cut to 0.1pc – The Australian Financial Review
Australian shares are trading firmly higher; NAB, Westpac tip RBA cash rate and yield curve target will be cut to 0.1 per cent; UK introduces new lockdown measures; Preliminary retail sales fall 4.2 per cent in August; RBNZ keeps rates on hold.
Westpac is forecasting the Reserve Bank of Australia will cut the cash rate to 10 basis points when it meets in October.
The bank is also tipping the RBA will adopt a 10 basis point three year bond target and adjust the rate on any new drawdown on the term funding facility to 10 basis points.
Westpac chief economist said deputy governor Guy Debelle’s speech on Tuesday gave a fairly clear hint the board would cut the cash rate and other key policy rates when it next meets on October 6.
Plenti punished on debut – The Australian Financial Review
Shares in the non-bank lender opened down sharply when the largest initial public offering of the year launched, as investors showed caution about unsecured personal lending.
Meanwhile, about 1000 retail investors that invest over the platform supplying debt funding for the loans were also sitting on steep paper losses on Wednesday after putting in equity to become shareholders. Bell Potter and Wilsons advised on the deal.
Investment bankers will closely monitor the performance of Plenti in the coming weeks given other fintech personal lenders Harmoney and SocietyOne may also consider initial public offerings depending on market conditions in the coming months.
TSA starts ‘Prohibited Items Week’ to minimize checkpoint snafus – Fox News
The Transportation Security Administration has kicked off its inaugural “Prohibited Items Week” to help travelers figure out which possessions cannot go on a commercial aircraft.
The Transportation Security Administration (TSA) has kicked off an inaugural “Prohibited Items Week” to help travelers understand what they cannot fly with.
This new awareness week initiative began on Monday, according to the TSA.
U.S. TO END ENHANCED SCREENING PROGRAM FOR ARRIVING INTERNATIONAL TRAVELERS, CDC CONFIRMS
“Holy smokes, Batman! We are excited to launch our first ever Prohibited Items Week,” the agency wrote in a post that showed a Batman-themed brass knuckle. “Follow along all we…
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