BRITAIN: Pension revolution taking place as more and people their hard earned money before retirement the question is has this helped cover up the real reason for its introduction by Osborn after the 2008 financial collapse that devastated pension funds – @AceFinanceNews

#AceFinanceNews – July.31: In April 2015, the government introduced the most significant pension reforms for a generation, giving people who’ve worked hard and saved their entire lives the ability to access their savings how and when they want.

Today (28 July 2016) new HMRC figures show more and more people are taking advantage of the new freedoms, with 159,000 people having accessed £1.7 billion flexibly from their pension pots since April this year.

This take the total value of payments to over £6 billion across 772,000 payments since the launch of the pension freedoms.

Read more on Ace News Group
News Story: Britain’s pension revolution goes from strength to strength | ‘ Ace Press Releases & Live Reports
https://acenewsgroup.wordpress.com/2016/07/31/news-story-britains-pension-revolution-goes-from-strength-to-strength/

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MARKETS: Helicopter money’ might weaken currencies more than QE as sky’s the limit but Citi has other ideas and central bank is seriously considering the move to reinvigorate the economies – @AceFinanceNews

#AceFinanceNews – July.29: ‘Helicopter money’ might weaken currencies more than QE as sky’s the limit

Central banks might inject no more cash into economies by dropping money from aircraft — whether real or imaginary — than via well-worn QE schemes, but in breaking a long-standing taboo they may do far more damage to currencies.

Citi sees ‘gradual shift towards helicopter money’

Citi has forecast a “gradual shift towards helicopter money” by advanced economies, as countries struggle to boost growth and inflation in uncertain geopolitical climes – cnbc.com/id/10382429

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MARKETS: #Oil Report: Shell misses expectations with 70% plunge and Exxon’s profit falls by 59.4% as other companies report similar falls in profitability – @AceFinanceNews

#AceFinanceNews – July.29: US #oil settles up 46 cents, or 1.12 pct, at $41.60 a barrel on Friday …

#Oil prices steadied on Friday amid short-covering after a week-long selloff but were on track to end the month about 15 percent lower.

http://www.cnbc.com/id/10382808

Oil hits three-month lows below $43 as oversupply weighs

#Oil prices fell to three-month lows on Thursday as producers continued to pump more than needed, filling inventories, and economic growth prospects darkened.

Shell misses expectations with 70 percent earnings plunge

Royal Dutch Shell reported a more than 70 percent fall in quarterly profit on Thursday, well below analyst estimates, blaming weak oil prices, poor refining profits and higher charges resulting from its $54 billion acquisition of BG Group.

ExxonMobil profits plunge 59.4% to $1.7 billion on low #oil prices – @AFP

http://bit.ly/2amPe0A

Brent crude #oil falls 20% below June high, following concern of supply and demand for #oil – @OilSheppard

http://bit.ly/2azykiM

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JAPAN: Report: Government plans direct spending of around 7 trillion yen ($67 billion) to help fund economic stimulus package sources say – Reuters – @AceFinanceNews

#AceFinanceNews – July.29: Report: Japanese government plans direct spending of around 7 trillion yen ($67 billion) to help fund economic stimulus package totaling more than 28 trillion yen ($268 billion), sources say Reuters – http://cnb.cx/2axshgl

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BRITAIN: Travel company Thomas Cook cuts full-year profit target over holiday cancellations following Turkey coup attempt and Europe attacks – Reuters – @AceFinanceNews

#AceFinanceNews – July.29: British travel company Thomas Cook cuts full-year profit target over holiday cancellations following Turkey coup attempt and Europe attacks – Reuters –

http://bit.ly/2abzPk6

Editors Notes:

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GERMANY: #VW brand profit falls over the #emissions software scandal as the effects are being felt with lower sales – Reuters – @AceFinanceNews

#AceFinanceNews – July.29: VW brand profit falls on scandal effects, lower sales

#Volkswagen’s core autos division posted lower profitability in the second quarter as costs for its diesel emissions scandal and falling sales outweighed gains from cost cuts.

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

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To keep online information secure, experts recommend keeping your social media accounts private, changing your passwords often, and never answering unsolicited emails or phone calls asking for your personal information. Need help and guidance visit https://acepchelp.wordpress.com and leave a comment

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#emissions, #vw

CHINA: To legalise ride-hailing apps like Uber and Didi Chuxing in November after announcing new guidelines – @AceFinanceNews

#AceFinanceNews – July.29: China issues guidelines to legalize ride-hailing apps like Uber and Didi Chuxing
traffic in china China took a big step forward today after it announced national guidelines to make ride-hailing services like Uber and Didi Chuxing legal in the country from November…

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

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To keep online information secure, experts recommend keeping your social media accounts private, changing your passwords often, and never answering unsolicited emails or phone calls asking for your personal information. Need help and guidance visit https://acepchelp.wordpress.com and leave a comment

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BRITAIN: Theresa May: We must prioritise trade deals with the rest of the world and be willing to walk away from #Brexit talks with the EU without an agreement, a leading barrister has claimed – @AceFinanceNews

#AceFinanceNews – July.29: Theresa May told trade deals with rest of world MORE important than Brexit deal with EU
694411_1.jpg
Britain must prioritise trade deals with the rest of the world and be willing to walk away from #Brexit talks with the EU without an agreement, a leading barrister has claimed…..

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

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To keep online information secure, experts recommend keeping your social media accounts private, changing your passwords often, and never answering unsolicited emails or phone calls asking for your personal information. Need help and guidance visit https://acepchelp.wordpress.com and leave a comment or send a private message on Telegram @Aceone31

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BRITAIN: Booming rush to invest in UK as shares rise faster now can you see the picture of this government and leaders plan to #Leave the EU so read on at what they can now do daily and blame those who voted #Brexit – @AceFinanceNews

#AceFinanceNews – July.28: No stopping booming Britain: Rush to invest in UK as Brexit economy soars
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Britain is enjoying a #Brexit boom fuelled by a series of major investment announcements.

First Lloyds to cut 3,000 jobs after Brexit shock Lloyds Banking Group says it will step up its cost-cutting plans to help to offset a more testing economic environment caused by Britain’s vote to quit the European Union and cut 3,000 jobs and close 200 branches following Britain’s vote to leave the EU – Metro – http://bit.ly/2aoZCJ6

Second: UK house price growth edges up, no Brexit effect yet – Nationwide British house prices rose at their fastest annual pace in four months in July, in data that might not yet reflect any impact from June’s vote to leave the European Union, mortgage lender Nationwide said on Thursday.

I will be adding more before or when Article 50 is triggered .. Check back .. Add a comment or any links and I will add your with full attribution to your site .. Ian

Editors Notes:

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Twitter unveiled a new video ad Monday morning, and it does something that its previous TV commercial never did: It explains why you might want to use Twitter – @AceFinanceNews

#AceFinanceNews – July.28: Twitter’s new video ad actually explains what Twitter is for

That’s a big improvement over the last one.

Twitter unveiled a new video ad Monday morning, and it does something that its previous TV commercial never did: It explains why you might want to use Twitter.

Here’s a look at the a new ad, which Twitter is running on its own properties for now and will soon pay to distribute on other digital platforms:

See what’s happening: https://t.co/ChbWRrSJyKhttps://t.co/r9AZd9rzI3

— Twitter (@twitter) July 25, 2016

“What’s happening in the world?” the narrator asks over video of Donald Trump campaigning and clips from “Game of Thrones.”

What’s everyone talking about? How did it start? See what’s happening in the world right now.”

This is, in essence, why anyone uses Twitter. To answer these exact questions. And now Twitter is explaining that, or at least highlighting it, in a way that might catch people’s attention.

Twitter’s newish CMO, Leslie Berland, published a blog post to coincide with the new video. The company apparently spoke to lots of people about Twitter and learned that many simply didn’t understand the product:

First, most didn’t know or simply misunderstood what Twitter was for — many thought of Twitter primarily as a social network, a place to find and connect with friends and family members. Second, they thought if they wanted to use Twitter, they were “supposed to Tweet every day” and didn’t think they would have that much to say. We realized we had some explaining and clarifying to do!

Why is it surprising that Twitter’s new commercial actually explains what Twitter does? Because the last commercial, which ran during the 2015 World Series, left people totally confused. That ad was for Moments, the live events product Twitter had just released. The commercial was cluttered and confusing and seemed to be targeting existing users, which isn’t necessarily Twitter’s problem.

(Side note: Moments doesn’t seem to have made any material impact on Twitter’s business or user base since then, either. Plus, the man who led the charge to build Moments left for Oculus this past May.)

So while, yes, it’s just a commercial, it’s a step in the right direction. (While communicating its value to potential users is one of Twitter’s biggest problems, it has several others, such as harassment.) And make no mistake, this commercial was released with investors in mind.

Editors Notes:

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To keep online information secure, experts recommend keeping your social media accounts private, changing your passwords often, and never answering unsolicited emails or phone calls asking for your personal information. Need help and guidance visit https://acepchelp.wordpress.com and leave a comment or send a private message on Telegram @Aceone31

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