2016.02.24

News Headlines - 24 February 2016

Sterling falls below $1.39 on Brexit fears - FT.com

Sterling dropped as much as 1 per cent against the US dollar to an intraday low of $1.3879 on Wednesday — the lowest in seven years.
The $1.40 level has long been seen as a de facto floor for the pound, and one it has rarely traded under for an extended period since the mid-1980s.

Global shares fall sharply with oil prices, yen in demand | Reuters

Shares fell sharply on Wednesday as oil prices dropped after Saudi Arabia effectively ruled out output cuts by major producers, lifting investor appetite for low-risk assets such as the Japanese yen and gold.

Apple's fight with U.S. could speed development of government-proof devices | Daily Mail Online

The legal showdown between Apple Inc and U.S. law enforcement over encryption, no matter the outcome, will likely accelerate tech company efforts to engineer safeguards against government intrusion, tech industry executives say.

Video: Swedish teenager claims she was duped into going to Iraq with jihadist boyfriend - Telegraph

A Swedish teenager who went to Iraq with a jihadist boyfriend claimed on Wednesday that she had been duped into going into Islamic State-controlled territory.

Tony Blair admits he is baffled by rise of Bernie Sanders and Jeremy Corbyn | The Guardian

Tony Blair has said he is struggling to understand the appeal of Democratic candidate Bernie Sanders and Labour leader Jeremy Corbyn because both are hampered by “the question of electability”.


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