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welcome to the programme. amid the turmoil in uk markets this week, the chancellor met the us banks today and was told in no uncertain terms that his budget which he has planned for november is way too far away . the government needs to communicate much sooner, said the banks, on what the solution will be to the problem the city believes they created. it has been another chaotic day on the markets. this morning, the bank of england performed a screeching u turn, putting the brakes on its plan to sell government bonds and instead launching a new scheme to buy them. think of it as a form of digital money printing. the bank is creating funds to to buy bonds which the government issues to borrow money. and this is why. since the mini budget, the cost of government borrowing long term has shot up. it was spiralling above 5%. that s a 20 year high. we have seen rises in the last two days that would normally take years. the bank of england is buying up the debt, in essence cr ....
The deluge, which began Tuesday afternoon, dumped more than 10 inches in some areas and was expected to continue through Thursday, forecasters said. ....
The temperature will plunge to the low 50s in some areas by Saturday night, ushering in a cool weekend for South Florida. A cold front pushing through South Florida on Friday night will keep temperatures low, with highs only hitting the upper 60s throughout most of the region. Saturday night and into Sunday morning will see the coolest temperatures, around the low 50s — and even 40s — in some . ....
A cold front will bring a chilly South Florida weekend sun-sentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sun-sentinel.com Daily Mail and Mail on Sunday newspapers.
Forecasters said that although Monday has been wet and blustery in South Florida, with more than 2 inches of rain falling in some areas, the remainder of the week will be drier, and the nicer weather should extend into the weekend. “For the middle of the week we’re looking at a break from all this rain,” said National Weather Service meteorologist Anthony Reynes. “There’s higher pressure . ....