January 15, 2015

Top News Stories –

Frantic Swiss franc trading –
The Swiss franc has increased in value over the Euro by 30% from 1.20 to the euro to 0.80 in just 30 minutes before settling back at 1.03 Swiss francs to 1 euro. The frantic trading that caused this was a result of the Swiss National Bank (SNB) abandoning the cap linking the two currencies together that had been in place since September 2011. At the same time SNB reduced a key interest rate from -0.25% to -0.75%, effectively increasing the amount investors have to pay to hold Swiss deposits with no return on investment.
CHF Banknotes

Google glaze over –
Google announce that they are to stop making the $1500 Google Glass smart glasses and start developing “future versions of Glass”. Google Glass was originally launched in the US in 2013.
Google Glass photo

Ginola for President? –
Former French football international and hair product model David Ginola announces he will run for the presidency of FIFA against Sepp Blatter and Prince Ali Bin Al Hussein but he will need the support of 5 football associations to enter the race. Ginola is being paid £250,000 by betting firm Paddy Power, who deny the campaign was a publicity stunt.
David Ginola Deauville 2014 2David Ginola

Date a Neanderthal –
A science centre in Bristol, England is to host a “Neanderthal speed dating” event and is looking for two actors to improvise “early hominids” and will supply “suitable wigs and fur”. The adult-only Valentine’s evening would give visitors a chance to think about whether they would date “homo neanderthalensis”.

Video of the Day –

Google Glass as it was meant to be.

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January 24, 2015

Top News Stories –

Islamic State terrorists execute Japanese hostage –
Japanese prime minister Shinzō Abe has called the footage of Islamic State hostage Kenji Goto apparently holding a photograph showing the body of fellow captive Haruna Yukawa “outrageous and unacceptable”. On January 20th 2015 Islamic State said it would kill the two men unless Japan paid a ransom of $200m (£130m) within 72 hours.
Shinzō Abe April 2014Japanese prime minister Shinzō Abe

Where are the richest 1% in the world? –
According to Credit Suisse anyone who has assets worth over $798,000 (£530,000) is one of 1% of the richest people in the world. 18 million of the top 47 million richest people are in the US, 3.5m in France, 2.9m in the UK and 2.8m in Germany. Ten percent of Swiss residents, a total of 800,000, are in the top 1%.

50 years since the death of Winston Churchill –
Sir Winston Churchill, prime minister of England through World War II died 50 years ago today. He was Conservative prime minister from 10 May 1940 – 26 July 1945 and again in 26 October 1951 – 6 April 1955.
Churchill V sign HU 55521Winston Churchill

FA Cup upsets return –
In England and Wales the fourth round of the FA Cup sees some of the most surprising results for many years. Premier League leaders Chelsea are beaten on their own ground 4-2 by Bradford City after leading the League One team 2-0. Manchester City who are second in the Premier League also lose at home to Championship side Middlesborough. This followed Cambridge United holding on for a 0-0 draw against Manchester United yesterday.
José Mourinho'14 Jose Mourinho

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