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UPDATE 1-Japan considers issuing 50-year bonds to support yields -

UPDATE 1-Japan considers issuing 50-year bonds to support yieldsJapanese policymakers are considering issuing a 50-year government bond as a long-term way to put a floor under super-long interest rates, sources say. Selling such bonds – a hot topic after Bank of Japan Governor Haruhiko Kuroda commented on the idea this month – would allow the government to lock in cheap long-term funding and give yield-starved investors higher returns. Japan has no immediate plans to issue the bonds, but the Ministry of Finance has long considered the idea, holding hearings with market participants three years ago, a finance ministry official told Reuters.


Tue, 19 Nov 2019 05:18:45 -0500

Croatian teachers escalate strike to step up pressure on government -

Croatian teachers escalate strike to step up pressure on governmentCroatian school teachers began a full nationwide strike on Tuesday, the leader of one of the top teachers' unions said, in an escalation of their industrial action aimed at forcing the government to start talks on their demands for a wage hike. Primary and secondary school teachers launched their strike on Oct. 10, but until now had organised the action in such a way that on some days classes were cancelled countrywide and on others the action was only in some areas. "As the government has ignored our demands, we've decided to change our approach to accelerate the whole process and force the government to sit down with us and talk," Branimir Mihalinec from the trade union of secondary school teachers said.


Tue, 19 Nov 2019 05:13:48 -0500

Paris mayor sounds alarm over Airbnb Olympics tie-up -

Paris mayor sounds alarm over Airbnb Olympics tie-upThe mayor of Paris, due to host the Olympics in 2024, has taken issue with a sponsorship deal between the Games and Airbnb Inc., saying the short-term rental firm pushes working people out of the housing market, French media reported. Mayor Anne Hidalgo wrote a letter to International Olympic Committee president Thomas Bach in response to the nine-year deal under which Airbnb will help provide accommodation for five Olympics and Paralympics events. Hidalgo told Bach she was writing to alert the IOC about the "risks and consequences" of the deal with Airbnb, according to France's Le Monde newspaper, which cited the contents of the letter.


Tue, 19 Nov 2019 05:05:36 -0500

UPDATE 1-Growth plays pull European shares to new 4-year high -

UPDATE 1-Growth plays pull European shares to new 4-year highGrowth-dependent cyclical stocks drove European shares to a four-year high on Tuesday as a temporary reprieve for China's Huawei from U.S. sanctions encouraged bets that the world's largest economies could reach a trade truce. Most sectors in the benchmark European index rose, with media stocks one outlier due to a 19.7% slide for Luxemburg-based satellite provider SES after Federal Communications Commission chairman Ajit Pai said he backed a public rather than private auction of spectrum for next-generation 5G wireless networks.


Tue, 19 Nov 2019 05:04:38 -0500

Amnesty International calls on Spain to release two of the jailed Catalan leaders -

Amnesty International calls on Spain to release two of the jailed Catalan leadersAmnesty International on Tuesday called for the immediate release of two jailed Catalan leaders, saying that what it described as a "vague" and "overly broad" interpretation of sedition could have a chilling effect on protests across Spain. Last month, Spain's Supreme Court sentenced nine separatist leaders from the region of Catalonia to between nine and 13 years in prison for sedition over their role in a failed 2017 bid for independence.


Tue, 19 Nov 2019 05:01:16 -0500


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