Business

ECB's Praet warns of external risks to euro zone economy

ECB's Praet warns of external risks to euro zone economy

Regarding potential risks weighing on recovery in the euro area, the ECB chief warned of the remaining prevalent geopolitical risks, the profitability of euro area banks, the weak inflation dynamics as well as the dependence of the economic recovery on easy monetary policy.



Britain ratifies Paris climate agreement

US Secretary of State John Kerry has calmed fears that his country could pull out of the ongoing UN-led negotiations to fight global warming. A week after climate-change denier Donald Trump's election to the White House, U.S. In countries such as Fiji, communities living at sea level have been forced to relocate permanently because their homes - lived in for generations - are no longer habitable.



Enough currency with banks for exchange: RBI

For many people, the crisis affected their daily life and activities. His company manages ATMs which are not owned by banks. There were calls about long queues or violence. However, ATMs of all most all banks have put up boards of no cash and customers are seen returning back in search of another ATMs. Even as ATMs started operations after a two-day shutdown, the machines failed to dispense cash.



APNewsBreak: Ohio zoo's gorilla barrier wasn't in compliance

Barriers between exhibits and the general public "must restrict public contact from the animals", said the USDA, which began conducting an investigation into the facility the day the boy fell into the enclosure. The issue was "corrected at the time of inspection", according to the repot. "The Cincinnati Zoo took swift and comprehensive corrective action in response".


Mt. Rose Ski Tahoe opened for the 2016-17 winter season

Mt. Rose Ski Tahoe opened for the 2016-17 winter season

The long range forecast for Mount Baker area is up to two feet of snow to fall by Thanksgiving Day into Friday. "Despite the delay in our winter-season opening, we wanted to provide snow activities for our guests and the community to get into the spirit of the season", said Bill Jensen, CEO of Telluride Ski & Golf Resort.



Oil prices edge higher as Opec meeting looms

Opec agreed in Algiers to reduce collective output to 32.5 million to 33 million barrels a day and has been trying to persuade other suppliers to join the cuts, notably Russian Federation. The dollar sprinted to its 13-year high against a basket of major currencies on comments by U.S. Federal Reserve Chair Janet Yellen, who said the interest rate increase could happen "relatively soon", indicating high chances of the rate hike in December.