Daily Archives: August 7, 2017

A crucial interest-rate benchmark faces a murky future

EVERY working day, shortly before noon, British time, the London Interbank Offered Rate, or LIBOR, is published. For five currencies and seven maturities, from overnight to 12 months, it is the average, trimmed of outliers, of up to 20 banks’ estimates of the interest rate at which they can borrow from other banks. It is also the benchmark for financial ...

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Women’s reckless driving gets her locked up for ‘worst ever’ wild police chase

Dashcam video showing a U.K. woman leading police on a terrifying 120-mph chase prompted a judge to say it was the “worst case of dangerous driving” he had ever seen, The Sun reports. The footage shows Megan Nolan, a 24-year-old mother of two young boys, weaving through traffic and running red lights.   “I have to tell you Megan Nolan ...

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