Funds Could Face Market Curbs After Lobbying Backfires
Funds Could Face Market Curbs After Lobbying Backfires
Tribute to Paris Attack Victims: 'When We Have Only Love, to Talk to Guns'
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Industry sources and G20 officials said fund managers may face tougher scrutiny by global regulators than planned, after their intense lobbying against a first proposal backfired. The sources told Reuters that a global G20 task force is rethinking its initial approach, which involved targeting the biggest funds, and could opt for a more intrusive method that would affect more funds by limiting their market activities during periods of turbulence. The plans are part of an international effort to prevent financial crises. A European asset management industry source said, "The industry fears it may have shot itself in the foot as FSB--the regulatory task force--is coming back with an even more radical proposal."
French singer Jacques Brel song 'When we have only love' was sung at a memorial service for the Paris attack victims . The emotional tribute took place at the stately former military hospital known as Invalides which honors the country's heroes who have died in battle, " . The usually impassive face of President Francois Hollande , reflected a struggle with emotions. You don't have to speak French to understand the meaning. Appropriately, Brel's song also includes hope for the future, in the very beginning lines: "When we have only love, my love, you and me, so that each hour and each day, burst with joy."
Lil Wayne is making it a habit of dropping mammoth mixtapes on national holidays. The rapper's No Ceilings 2 appeared just as fans were sitting down for Thanksgiving dinner. The latest mixtape is the sequel to Wayne's 2009 mixtape that helped bridge the gap between 2008's Tha Carter III and 2010's Rebirth. No Ceilings 2 doesn't have much in common with its predecessor other than its overall scope: While the original mixtape had 21 songs, Wayne ups that on the sequel, as No Ceilings 2 runs through 24 songs over the span of almost 100 minutes.
Chicago police said on Friday a 27-year-old man had been arrested in the fatal shooting this month of a nine-year-old boy on the city’s South Side. Corey Morgan is believed to have shot dead Tyshawn Lee on November 2 in what police say was a targeted gang shooting. Police superintendent Garry McCarthy has said the boy was lured into the alley and killed because of his father’s gang ties. Chicago has been tense since Tuesday, when police released video of the death of Laquan McDonald. The 17-year-old was shot 16 times by a police officer.
Google has gone next-level Star Wars nerd. The Google Translate webapp now includes Aurebesh, the written language of the Star Wars universe. As a language, it's fairly simple, as it is mostly a one-to-one letter-to-letter swap for the alphabet we know and use. There are actually additional characters that have occasionally been included in Aurebesh that the Google Translate app does not use for things like SH and TH and CH. The Star Wars overlay on their apps is for a limited time, made specifically for the launch of Star Wars: The Force Awakens.
Two weeks after the deadly terrorist attack in Paris, France held a somber remembrance service honouring the people killed in the terrible night on Nov. 13. France has read aloud the names of the people killed while President Francois Hollande sat alone on a single chair in the Invalides courtyard with hundreds of mourners, many relatives of those who died, sitting behind him as well as some of the people injured in the attacks and members of the emergency services. After the military honors had been paid, a young cellist played a mournful J.S. Bach Sarabande and a trio of female singers performed a song by Jacques Brel. Hollande addressed families of the victims and said, that they represented life and it was because they represented life that they were killed. Hollande added that the country would be there for the hundreds wounded in the attacks, many at the Bataclan concert hall where they were attending an Eagles of Death Metal concert. The memorial, which comes two weeks after the attacks, is the first formal gathering since Islamic extremist gunmen and suicide bombers attacked the national stadium and central Paris.
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