The Democrats' convention, who will appoint Hillary Clinton as a candidate to the White House, opens today in Philadelphia. The former first lady has got a surprise Michael Bloomberg support: three times mayor of New York, popular figure and supporter of important battles such as those against the spread of firearms and defense of the environment, will endors her. According to the New York Times, citing one of the former commissioners of the council, Howard Wolfson, Bloomberg also had intention to run as an independent but on 7 March had finally announced the willingness to give up for fear that his descent into the field could favor Trump.
The ECB announced that, in the first half of 2016, it had withdrawn from circulation about 331,000 counterfeit euro banknotes, 25% less than in the second half of 2015. The data covers the entire Eurozone. In relation to the increasing number of genuine banknotes in circulation (over 18.5 billion in the first half of 2016), the proportion of counterfeits remains at very low levels. About 80% of counterfeits concerned the 20-euro and 50-euro banknotes.
The Volkswagen Group has announced that from next Monday will make a voluntary stop the sale of 79 models in South Korea, as reported by various German newspapers. "We have decided to suspend sales to limit confusion between dealers and customers," said a spokesman for Volkswagen South Korea, who added that in case of withdrawal, to regain certification of the involved models may take up to three months.
Verizon would be close to the acquisition of Yahoo!, as reported by Bloomberg, according to which the parties have come to the stage of "two-negotiation" and that an announcement could come in days. Earlier this week the offers were evaluated in a range between 4 and 6 billion dollars, with the exception of that of the same telecomunications company that would stop under 4 billion, but excluding the perimeter of purchase patents and real estate properties.
Donald Trump has accepted yesterday the nomination of the Republican Party to run for the White House. The tycoon will therefore be the official candidate for the US presidential elections in November, waiting for the Democrats convention to indicate Hillary Clinton. During the convention, several Republican supporters have heavily attacked the former First Lady, so much so that in Cleveland several signs among the delegates with slogans calling for "Lock her up," referring to the email-gate, the scandal of private email, who as Secretary of State has used between 2009 and 2013 for official purposes, endangering national security and on which the Justice Department declined to open an investigation against him.
The 85-year-old financier George Soros, interviewed by the Italian newspaper Corriere della Sera, has intervened in the debate on the situation of Italian banks: "I agree that Italy represents a question mark to the euro in this moment. In particular, it is for the weakness of its banking system. It is something that Matteo Renzi must find a way to solve. I believe there is the will, certainly on the part of Germany, to be cooperative. Germany supports the efforts of Italy and this is important to get to a solution. "
Overtaking in the historical ranking of the richest men in the world. With a personal fortune of 65.05 billion dollars, the CEO of Amazon, Jeff Bezos, surpassed Warren Buffett, and now he is the number three in the ranking of the richest people in the world, according to the Bloomberg Billionaries Index, after Amancio Ortega and Bill Gates, the historical founder and owner Microsoft.
The unemployment rate in the UK fell to its lowest level in more than a decade in May, a sign the labor market continued to strengthen in the run-up to Britain's referendum on membership of the European Union, while average weekly earnings edged up in the same month. The unemployment rate in the UK came in at 4.9% in the fifth month of the year, unaffected by the Brexit fears before the referendum. The unemployment rate in the UK measured on a three months moving average basis, therefore, fell below the level of the natural, or non-inflationary, unemployment level of 5.0% estimated by the Bank of England.
Today the ECB board should not disclose specific news. Analysts do not expect it new monetary stimulus, especially after not even the Bank of England cut rates, postponing the loosening of its monetary policy probably in August. The press conference of the Governor Mario Draghi will be important, however, because his words will express the intentions for September, when it is expected the strengthening of the apparatus of stimulus already being implemented.
The Greek government confirmed the raid, which took place in Athens in the house of a former UBS banker in the early days of the month, news already anticipated by the Financial Times. The investigation is relating to an alleged tax evasion. A bank spokesman said the institute would not have been informed by the Greek authorities in the investigation and therefore can not provide more details on the matter.
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