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☆ Analysis: Pummelled pound faces long road back as investor confidence shredded
  + stars: | 2022-09-26 | by ( Tommy Wilkes Dhara Ranasinghe | Tommy Wilkes | Dhara Ranasinghe | ) www.reuters.com   time to read: +5 min
An employee is seen walking over a mosaic of pound sterling symbols set in the floor of the front hall of the Bank of England in London, in this March 25, 2008 file photograph. Yet the rapid rise in yields investors now receive for owning UK bonds hasn't helped sterling much. Pound slumps and UK borrowing costs surgePredicting the short-term direction of currencies is notoriously hard. Against the euro the pound is only at two-year lows, although it is down 3% since Friday. "People will look at the UK and think that that's not a market that is stable," said Payne at Janus Henderson.
☆ Navy desertions have more than doubled amid suicide concerns, as sailors feel trapped by contracts
  + stars: | 2022-05-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Melissa Chan | ) www.nbcnews.com   time to read: +4 min
Among a fleet of more than 342,000 active sailors, there were 157 new Navy deserters in 2021, compared with 63 in 2019 and 98 in 2020, Navy data shows. 'No easy option'Of the 152 Navy deserters who were still at large as of May 9, the Navy said, two are from the USS George Washington. In the last year, at least five George Washington sailors have died by suicide, three of them within a week last month, military officials said. The USS George Washington during its mission in the eastern Mediterranean Sea in 2017. USS George H.W.
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