Fourth U.S. state governor orders net neutrality in government contracts

Sunday, February 18, 2018

On Thursday, Phil Scott of Vermont became the fourth governor in the United States to sign an executive order requiring all companies providing Internet access to state agencies to abide by net neutrality for all customers in his state. He said he did this because Vermonters rely on Internet access without blocking, throttling and paid prioritization, threatened by the December 14 decision of the US Federal Communications Commission (FCC) in the matter of “Restoring Internet freedom”. The first state governor to challenge the FCC in this way was Steve Bulllock of Montana, who did so on January 22. Andrew Cuomo of New York followed two days later. Philip Murphy of New Jersey signed a similar executive order on February 5. These four executive orders differ in details, but all require that state agencies purchase Internet access services only from companies with an enforceable commitment to net neutrality for all customers in their state.

This is part of a flurry of state-level net neutrality actions. The New York State Assembly introduced bill A01958 on January 17, 2017, three days before the inauguration of Donald Trump as President of the United States, anticipating action by him to overturn the 2015 “Title II Order” that made net neutrality enforceable in the US. Two other bills were introduced into the Washington House of Representatives in the ten days before the official decision of Trump’s FCC on this issue. In addition to these, 63 other state-level responses by net neutrality supporters were documented by Fight for the Future (FFTF) by February 16, 2018, including at least 27 bills introduced into the legislatures of 17 states with others reportedly under consideration.

These bills are in addition to the lawsuit filed on January 16 by the Attorney General of New York on behalf of 21 states and the District of Columbia claiming this FCC decision was “arbitrary, capricious, and an abuse of discretion within the meaning of the Administrative Procedure Act” (APA) of 1946 and other grounds. These states were New York, California, Connecticut, Delaware, Hawaii, Illinois, Iowa, Kentucky, Maine, Maryland, Massachusetts, Minnesota, Mississippi, New Mexico, North Carolina, Oregon, Pennsylvania, Rhode Island, Vermont, Virginia, and Washington state. New Jersey reportedly later committed to join the suit.

These four executive orders are the only actions on FFTF’s list of actions by net neutrality supporters that seem immediately enforceable. All others require approval by democratic bodies. The four executive orders might be challenged in courts as conflicting with “Preemption authority” claimed by the US Federal Communications Commission’s “Declaratory ruling, report and order” adopted December 14 and released January 4. The FCC order was described by dissenting Commissioner Clyburn as “Destroying Internet Freedom” rather than “Restoring Internet Freedom” as the order is titled. She wrote that this order “will put profits and shareholder returns above what is best for” consumers.

Retrieved from “https://en.wikinews.org/w/index.php?title=Fourth_U.S._state_governor_orders_net_neutrality_in_government_contracts&oldid=4539328”

Why You Should Call A Repairman For Your Faulty Appliances

byAlma Abell

Appliances never choose convenient times to fail. It seems like they malfunction at the most inopportune of times – like when you have supper in the oven in hopes to have your family fed before an important meeting. That is when the broiler unit suddenly bursts into flames. Immediately you know you are not making the meeting, and the search for an appliance repairman just went to the top of tomorrow’s list. It is tempting to ask your neighbor to fix the problem, but when it comes to repairing electrical items, it is best to leave it to a professional with years of experience.

[youtube]http://www.youtube.com/watch?v=X7woJN8KNqM[/youtube]

Household appliances are hardworking extensions of the home. They help it run smoothly and efficiently. When any one of them breaks down, it throws the household into disarray. A broken stove means a food is difficult to prepare. If it is the washing machine that has stopped working, then clothes do not get clean. A refrigerator that stops cooling results in spoiled food. No matter what the problem is afflicting your Appliances, call an experienced repairman such as Herb Snow and Son Maytag. A team skilled in repairing all makes and models of appliances will assist you in deciding whether your particular project is salvageable, or a new appliance needs to be purchased.

When you hire a professional repairman from a service center, you can be assured that you are getting a team with an experience to take care of your problem as quickly as possible. They can come into your home, assess the situation, get the part or parts ordered and installed in a quick time frame so you and your family can get back to your home routine. A knowledgeable technician will let you know if you should need a replacement appliance, but will not pressure you to purchase one. Instead, they will give you all the information you need to make an informed decision. If you do decide on a new appliance, they can order and install one for you. Make sure who you call to work on your appliances will stand by their work. Even when your appliances fail you, a good appliance technician will not.

Pakistan President Musharraf in Kabul for talks

Wednesday, September 6, 2006

The President of Pakistan, Pervez Musharraf is in Kabul for a two-day visit during which he is scheduled to hold talks with his Afghan counterpart, Hamid Karzai. The talks are expected to focus on the continuing militant activity on both sides of the border, with Taliban forces allegedly infiltrating into Afghanistan from across the border in Pakistan.

Economic cooperation and reconstruction in Afghanistan are also on the agenda. President Musharraf is scheduled to meet cabinet ministers and address parliamentarians tomorrow. His delegation includes ministers for foreign and religious affairs and the petroleum sector, and the head of Pakistan’s intelligence agency.

“Frank discussions on the war on terror and expanding bilateral cooperation on regional issues,” read a statement by President Karzai’s office.

Pakistan foreign office spokeswoman Tasnim Aslam told AFP news agency that the Presidents “will exchange views on bilateral relations, economic cooperation, reconstruction activities in Afghanistan and cooperation in the fight against terrorism,”

“Afghanistan is expecting the Islamic Republic of Pakistan to take effective action against terrorism,” Afghan Foreign Ministry spokesman Sultan Ahmad Baheen said.

Pakistan signed a peace agreement with pro-Taliban militants in the North Waziristan region on the eve of the visit. The deal aims to end years of unrest in the border province. Under its terms the Pakistan military forces and militants will stop attacks on each other and the militants have agreed to disarm or expel foreign Al-Qaeda-linked fighters in the area. Pakistan has rejected criticism that the deal will allow pro-Taliban forces to operate freely in the area.

“Pakistan is committed to its policy on war on terror, and Osama caught anywhere in Pakistan would be brought to justice,” army spokesman Maj. Gen. Shaukat Sultan told the Associated Press.

On Wednesday, President Karzai met the NATO General Secretary Jaap de Hoop Scheffer in Kabul and signed an accord aimed at boosting security and development in the country. The NATO chief warned that “some of the terrorists, the spoilers, think they can win in the south,”, adding “They are wrong. Because they cannot win, they will not win, […] That is why we are engaged in combat as well at this very moment.”

The visit comes amidst an upsurge in violence in Afghanistan, with US forces saying that 60 militants were killed by artillery and air-strikes on Tuesday. Some 700 more are believed to be surrounded by soldiers in an operation in Khandahar province.

NATO and Afghan forces launched an operation in Khandahar’s Panjwayi district last weekend, and NATO reports 250 militants as killed in the operations, though a Taliban commander has disputed the figure and there is no independent confirmation of the toll. Hundreds have been killed in continuing fighting between government and international security forces and insurgents in the last four months.

An estimated 1500 families have been displaced by the fighting in Khandahar.

Suspected Taliban militants shot dead two muslim clerics in Lashkar Gah, capital of the Helmand province in the last two days and raided a district headquarters in the town of Arghandad in Zabul province.

Musharraf last visited Afghanistan in 2002. Afghanistan has previously complained that Pakistan is not doing enough to combat Taliban insurgency in its side of the 2,250km (1,400-mile) mountainous border between the two countries. Earlier in the year, allegations by Afghanistan that Taliban and Al-Qaeda leaders were living in Pakistan were dismissed by Musharraf as “nonsense”. In February, Afghanistan issued a list of 150 Taliban suspects it said were living in Pakistan. President Musharraf dismissed the information as “old and outdated”, but President Karzai reiterated that the list was up-to-date.

Some Al-Qaeda and Taliban leaders have been arrested in Pakistan, which has also stationed close to 80,000 troops along the Afghan borders. There is international pressure on Musharraf to deal with Islamist groups in Pakistan who are believed to assist Taliban forces.

“Pakistan has the potential to be the solution to the problems of Afghanistan,” Afghan foreign ministry advisor Ali Muradian said.”We hope that President Musharraf will open a new chapter in relations between Afghanistan and Pakistan.”

Pakistan was closely associated with the Taliban’s rise to power in the 90s one of only three nations that recognised the then Taliban government.

While state run dailies Kabul Times and Hewad expressed hope that two leaders will work together to improve security, The daily Cheragh said that while statements about restoring security can be expected from the meeting, “as experience has shown”, previous pledges by Pakistan “have not been fulfilled”.

Kabul Times also said Afghanistan was grateful for Pakistan’s help to thousands of Afghan refugees.

“The key concern is whether the agreement is going to lead to more insurgents going to and fro across the border or less,” A diplomat told AFP, while another questioned Pakistan’s peace deal with the militants.

Retrieved from “https://en.wikinews.org/w/index.php?title=Pakistan_President_Musharraf_in_Kabul_for_talks&oldid=4634864”

Television actors acknowledged by SAG Awards nominations

Thursday, January 4, 2007

The Actor® Statuette is awarded to each year’s SAG Award winners. Mark Hill/Screen Actors Guild ©1995

Introduced by Alan Rosenberg, current President of the Screen Actors Guild, Grey’s Anatomy star Sandra Oh and Bobby, Happy Feet actor Elijah Wood announced nominees for “the Actors”.

The award ballots will be mailed to voters tomorrow. The Guild’s entire active membership is allowed to vote, before the January 26 deadline. It is the only award voted on solely by actors, and the only award given solely to actors.

The ceremonies are held two days later, on January 28. TNT and TBS will both air the program in the United States, at 8 p.m. ET/PT, 7 p.m. CT, and 6 p.m. MT. In Canada, CTV is expected to show the special.

A total of eleven funny men and women got “Outstanding Performance by a Actor in a Comedy Series” nominations.

For male actors, the list reads Alec Baldwin as Jack Donaghy in 30 Rock, Steve Carell as Michael Scott in The Office, Jason Lee as Earl Hickey in My Name is Earl, Jeremy Piven as Ari Gold in Entourage, and Tony Shalhoub as Adrian Monk in Monk.

The females given a nod were America Ferrera as Betty Suarez in Ugly Betty, Felicity Huffman as Lynette in Desperate Housewives, Julia Louis-Dreyfus as Christine Campbell in The New Adventures of Old Christine, Megan Mullally as Karen Walker in Will & Grace, Mary-Louise Parker as Nancy Botwin in Weeds, and Jaime Pressly as Joy in My Name is Earl.

Thespians also got their due salutes.

“Outstanding Performance by a Male Actor in a Drama Series” nominees are James Gandolfini as Tony Soprano in The Sopranos, Michael C. Hall as Dexter Morgan in Dexter, Hugh Laurie as Dr. Gregory House in House, James Spader as Alan Shore in Boston Legal, and Kiefer Sutherland as Jack Bauer in 24.

Nominations for “Outstanding Performance by a Female Actor in a Drama Series” go to Patricia Arquette as Allison Dubois in Medium, Edie Falco as Carmela Soprano in The Sopranos, Mariska Hargitay as Det. Olivia Benson in Law & Order: Special Victims Unit, Kyra Sedgwick as Deputy Chief Brenda Johnson in The Closer, and Chandra Wilson as Dr. Miranda Bailey in Grey’s Anatomy.

Two nominations in the “Outstanding Performance by an Ensemble in a Drama Series” went to each ABC and HBO. The first got acknowledgement for Grey’s Anatomy and Boston Legal, while the series on the latter were The Sopranos and Deadwood. The FOX network’s series 24 also received a nomination.

Up for “Outstanding Performance by an Ensemble in a Comedy Series” are The Office on NBC, ABC’s Ugly Betty and Desperate Housewives, and two cable series, Showtime’s Weeds and HBO series Entourage.

Many of the series have writing and performances that could qualify them for either Drama or Comedy series, such as Boston Legal and Desperate Housewives.

The Sopranos was the only series to get three nominations; telefilm Broken Trail also received that many.

As with many television-related award shows over the last decade, HBO lead the pack in nominations, with 10. ABC and NBC received 8 each.

Retrieved from “https://en.wikinews.org/w/index.php?title=Television_actors_acknowledged_by_SAG_Awards_nominations&oldid=607110”

Wikinews interviews Rocky De La Fuente, U.S. Democratic Party presidential candidate

Thursday, March 31, 2016

Businessman Rocky De La Fuente took some time to speak with Wikinews about his campaign for the U.S. Democratic Party’s 2016 presidential nomination.

The 61-year-old De La Fuente resides in San Diego, California, grew up in Tijuana, and owns multiple businesses and properties throughout the world. Since getting his start in the automobile industry, De La Fuente has branched out into the banking and real estate markets. Despite not having held or sought political office previously, he has been involved in politics, serving as the first-ever Hispanic superdelegate to the 1992 Democratic National Convention.

De La Fuente entered the 2016 presidential race last October largely due to his dissatisfaction with Republican front-runner Donald Trump. He argues he is a more accomplished businessman than Trump, and attacks Trump as “a clown,” “a joke,” “dangerous,” and “in the same category as Hitler.” Nevertheless, De La Fuente’s business background begets comparisons with Trump. The Alaskan Midnight Sun blog described him as the Democrats’ “own Donald Trump.”

While receiving only minimal media coverage, he has campaigned actively, and according to the latest Federal Election Commission filing, loaned almost US$ 4 million of his own money to the campaign. He has qualified for 48 primary and caucus ballots, but has not yet obtained any delegates to the 2016 Democratic National Convention. Thus far, according to the count at The Green Papers, De La Fuente has received 35,406 votes, or 0.23% of the total votes cast. He leads among the many lesser-known candidates but trails both Senator Bernie Sanders who has received nearly 6.5 million votes and front-runner Hillary Clinton who has just shy of 9 million votes.

With Wikinews reporter William S. Saturn?, De La Fuente discusses his personal background, his positions on political issues, his current campaign for president, and his political future.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_Rocky_De_La_Fuente,_U.S._Democratic_Party_presidential_candidate&oldid=4585942”

Make The Web Page Rating Much Better With The Help Of Seo Expert

Click Here To Find Out More About:

E-commerce may be a vicious home business. It is important to arm yourself with the suitable know-how additionally, the instruments to help make your websites superior to all the rest. Day-to-day, ever more online websites are attempting optimize their online websites during the SE’s just in case you shed your guard, you will just get trampled on and turn still left during the dirt stuffed abyss with many failed e-commerce online websites.

Search Engine Optimization or Seo may be an expression key at present by a lot of e-commerce online websites. Over the past three years or so and the next a long time perhaps, search engines is the most common online world instrument to ascertain the online websites that others need to as well as product or service they ought to order or specifics they have know. The majority designed to use soe don’t use anything but the 10 high searches contributes to the first page. Reaching the first page, much more so reach the top 3 may be a barometer associated with an online websites being successful in search engine optimization. You may get a more significant ratio of probability in being made any time you rank highly. Better potential customers for your personal webpage, better home business you pull in.

[youtube]http://www.youtube.com/watch?v=MUVxnXVV4jE[/youtube]

But, you must grab hands on that spot or make the rating much better. Because aforementioned, day-to-day may be a new day for a lot of e-commerce online websites so they are selves rank higher implementing seo. It’s vital to make the webpage better and better every day. Okay so what is search engine optimization and must you do it? The solution how you get to apply it can be painless an individual. You will want seo to remain main, and also as a minimum make the webpage income generating.

With search engine optimization you can receive the luxury of establishing a great potential customer’s quantity. Enable’s just say you will enjoy very turn up of flourishing gross sales with 10 to 20 percent to your potential customers. Countless hits or over each and every day, you see a beneficial turn up of gross sales undoubtedly. Dwi only 20 to 10 strikes each and every day, you will only 1 or two if they are not any in anyway. So as just stated, exactly what is seo? Search engine optimization is utilizing resources and methods when making your websites high ranking during the response to search engines. Having a baby during the to start with web page far better yet during the high part of the page will assure that webpage will deliver public awareness to your webpage’s existence and subsequently create a boost in traffic, potential customers that will trigger a continual measure of source of income and home business.

Soe necessitates a great number of works to be wholly recognized. There are lots of components it is important to improvements on your websites or include in the process so you can get seo. These will comprise of having loads of info about the keywords and phrases that will be favorite on your online websites niche or topic. You can also will need to rewrite your online websites contents therefore you could possibly get the suitable keywords and phrases in your own webpage not having allowing it to be very commercial but mild and helpful. Certain laws and regulations to be followed with doing your websites subject matter relevant and conducive to search engine optimization.

Article Source: sooperarticles.com/internet-articles/seo-articles/make-web-page-rating-much-better-help-seo-expert-823518.html

About Author:

For more detail about web design company then visit our website: Web DesignAuthor: Adit Smith

Four dead, at least 15 injured after gunman opens fire at fitness center in Bridgeville, Pennsylvania

Wednesday, August 5, 2009

Four people have been shot and killed and at least 15 wounded when a gunman opened fire inside a LA Fitness center in Bridgeville, Pennsylvania. The gunman was among the dead.

Reports say the man walked into a dance room where an all-female Latin dance class was in session, turned off the lights and began to shoot people. CNN reports that the gunman was a “middle-aged white male.” One witness said he was carrying a duffel bag, which he put down before shooting into the crowd. After opening fire, he turned the gun on himself. At least 30 people are reported to have been in the room at the time of the shooting.

Allegheny County police Superintendent Charles Moffatt said, “I’ve never seen nothing quite like this. It was very chaotic. […] There’s a good belief that the shooter is deceased.”

Collier Township Police Chief Tom Devin stated that the police, “believe the shooter committed suicide at the scene but we’re not positive.” Police report that the shooter’s motive may have been a domestic dispute with one of the exercisers.

Mike Hentosz, a witness who was inside the gym, said, “I feel like it’s a dream. I don’t know what to think of it.” A woman participating in the class, Nicole, said that 10 minutes into the class, “a middle-aged white male walked into the class. He had a big gym bag. […] He looked out of place in a class full of women.” When he began firing, she reported, she ran out of the gym and escaped in passerby’s car.

Retrieved from “https://en.wikinews.org/w/index.php?title=Four_dead,_at_least_15_injured_after_gunman_opens_fire_at_fitness_center_in_Bridgeville,_Pennsylvania&oldid=860123”

Police report drug haul seizure worth up to £30 million in Brownhills, England

Monday, December 2, 2013

Police in the West Midlands in England today said nearly 200 kilograms worth of drugs with value possibly as great as £30 million (about US$49 million or €36 million) has been seized from a unit in the town of Brownhills. In what an officer described as “one of the largest [seizures] in the force’s 39 year history”, West Midlands Police reported recovering six big cellophane-wrapped cardboard boxes containing cannabis, cocaine, and MDMA (“ecstasy”) in a police raid operation on the Maybrook Industrial Estate in the town on Wednesday.

The impact this seizure will have on drug dealing in the region and the UK as a whole cannot be underestimated

The seized boxes, which had been loaded onto five freight pallets, contained 120 one-kilogram bags of cannabis, 50 one-kilogram bags of MDMA, and five one-kilogram bricks of cocaine. In a press release, West Midlands Police described what happened after officers found the drugs as they were being unloaded in the operation. “When officers opened the boxes they discovered a deep layer of protective foam chips beneath which the drugs were carefully layered”, the force said. “All the drugs were wrapped in thick plastic bags taped closed with the cannabis vacuum packed to prevent its distinctive pungent aroma from drawing unwanted attention.” Police moved the drugs via forklift truck to a flatbed lorry to remove them.

Detective Sergeant Carl Russell of West Midlands Police’s Force CID said the seizure was the largest he had ever made in the 24 years he has been in West Midlands Police and one of the biggest seizures the force has made since its formation in 1974. “The impact this seizure will have on drug dealing in the region and the UK as a whole cannot be underestimated”, he said. “The drugs had almost certainly been packed to order ready for shipping within Britain but possibly even further afield. Our operation will have a national effect and we are working closely with a range of law enforcement agencies to identify those involved in this crime at whatever level.”

Expert testing on the drugs is ongoing. Estimates described as “conservative” suggest the value of the drugs amounts to £10 million (about US$16.4 million or €12 million), although they could be worth as much as £30 million, subject to purity tests, police said.

Police arrested three men at the unit on suspicion of supplying a controlled drug. The men, a 50-year-old from Brownhills, a 51-year-old from the Norton area of Stoke-on-Trent in Staffordshire, and one aged 53 from Brownhills, have been released on bail as police investigations to “hunt those responsible” continue. West Midlands Police told Wikinews no person has yet been charged in connection with the seizure. Supplying a controlled drug is an imprisonable offence in England, although length of jail sentences vary according to the class and quantity of drugs and the significance of offenders’ roles in committing the crime.

Retrieved from “https://en.wikinews.org/w/index.php?title=Police_report_drug_haul_seizure_worth_up_to_£30_million_in_Brownhills,_England&oldid=2611781”

Ceramic Canisters For Your Kitchen

Ceramic Canisters for Your Kitchen

by

Sarah Taylor

Most of the kitchen lovers would like to decorate their kitchen with classic and elegant styles. To spice up the elegant atmosphere of your kitchen with lots of classic charm, the ceramic kitchen canisters are perfect add-ons. The canisters are available in various designs and colors in market. Some of the popular among them are:

White Canisters:

The white canisters are the most popular in the field of kitchen in the past days. However, as years passed and more and more designs have popped out, canisters are now available in different kinds of colors and designs. However, white canisters still prove to be the crowd favorite because of their unfaltering salability. The main reason behind the salability is their elegant and simple look. The color white can easily blend in with other colors and it also looks neat and clean.

Originally, they are just sold as is, with no other design or print. However, as more developments in home improvement have flourished, they are available with paint, prints, embossments, fluted corners, rubber edges, etc.

Handcrafted Canisters:

As the demand and choice of people in selecting the canister varied, there are a lot of handcrafted canisters available in the market today. Admittedly, they are a bit more expensive than ordinary canisters because of the fact that they are more difficult to make and produce than the ordinary canisters.

[youtube]http://www.youtube.com/watch?v=vl6azn-DzeE[/youtube]

Contemporary-looking Canisters:

The canisters are now available in market as per the requirement of the theme of a kitchen. For example, if the theme or the motif of your kitchen is more of a minimalistic or contemporary, then the contemporary-looking canisters would be perfect for you. Not only would it look great in your kitchen, it would also function as great storage containers for flour, sugar, cookies, etc.

As mentioned earlier, the white canisters are originally the most popular type of ceramic canisters. However, black canisters are also gaining popularity, especially for people who adore the minimalistic or contemporary effect. Just like white canisters, black-colored canisters are also perfect add-ons to a boring kitchen.

Canisters with Locking Lids:

There are some canisters that come along with locking lids. If you want to guarantee safety and freshness to whatever food article you put in your canister, then a set of canisters with locking lids would be perfect for you. Usually, if the lid comes along with a lock, it offers airtight security and protection for your food articles.

So, choose the best one to feel the elegance and classical charm of your kitchen.

For more information please visit our website www.choiceful.com

Handcrafted Canisters:

As the demand and choice of people in selecting the canister varied, there are a lot of handcrafted canisters available in the market today. Admittedly, they are a bit more expensive than ordinary canisters because of the fact that they are more difficult to make and produce than the ordinary canisters.

Contemporary-looking Canisters:

The canisters are now available in market as per the requirement of the theme of a kitchen. For example, if the theme or the motif of your kitchen is more of a minimalistic or contemporary, then the contemporary-looking canisters would be perfect for you. Not only would it look great in your kitchen, it would also function as great storage containers for flour, sugar, cookies, etc.

As mentioned earlier, the white canisters are originally the most popular type of ceramic canisters. However, black canisters are also gaining popularity, especially for people who adore the minimalistic or contemporary effect. Just like white canisters, black-colored canisters are also perfect add-ons to a boring kitchen.

Canisters with Locking Lids:

There are some canisters that come along with locking lids. If you want to guarantee safety and freshness to whatever food article you put in your canister, then a set of canisters with locking lids would be perfect for you. Usually, if the lid comes along with a lock, it offers airtight security and protection for your food articles.

So, choose the best one to feel the elegance and classical charm of your kitchen.

For more information please visit our website www.choiceful.com

Kitchens & Cookware Accessories Kitchen Scales

Article Source:

ArticleRich.com

Euro reaches new lows

Friday, July 15, 2011

On Tuesday, the Euro fell to a new record low in relation to the Swiss Franc, and to multi-month lows against the U.S. Dollar and Japanese yen; all considered by investors to be safe currencies during times of economic turmoil.

The Wall Street Journal reported earlier that recent comments from the newly installed head of the International Monetary Fund, France’s Christine Lagarde, resulted in a sell-off of the Euro. At a roundtable discussion in Washington, Lagarde noted that the IMF had not yet reached discussion of terms and conditions of a second Greek bailout plan. In fact, a representative from the IMF is currently meeting with Eurozone policymakers to draft such a new proposal. The yield differential between Italian bonds and German bonds has spread to more than 300 basis points, something not seen in over a decade and evidence of investors’ concern.

Adding to the Euro’s woes is the upcoming release of the bank stress tests on Friday. The European Bankers Association said that they expect the data release to shed new light on the Eurozone’s banking situation. Representatives of several of the Eurozone’s governments, including Germany, have requested that the association consider releasing fewer specific details for fear that investor panic will ensue. The inadequacy of the capitalization rates has been an issue with the European Central Bank, whose president recently called upon Eurozone banks to make every effort to put their balance sheets in order.

For the time being at least, an unsubstantiated rumor reported by the Wall Street Journal states that the Eurozone’s central banks’ purchase of periphery debt has helped to quell the downward momentum of the Euro.

Retrieved from “https://en.wikinews.org/w/index.php?title=Euro_reaches_new_lows&oldid=4456539”