Posted In: SFO investigates price rigging in foreign exchange market
The Serious Fraud Office (SFO) has launched a criminal investigation into allegations of price rigging in the £3tn-a-day foreign exchange market. The probe will look into allegations of "fraudulent conduct", the director of the SFO said in a statement. Around 15 authorities internationally are investigating allegations of collusion and price manipulation. It is alleged that traders used online chatrooms to plan the fixing of benchmark prices. The Financial Conduct Authority (FCA) said in October it had joined other regulators around the world in scrutinising firms over the potential manipulation of the foreign exchange market.
Posted In: A small tornado causes widespread panic on the beaches of Huelva
A quiet evening beach became just seconds into "absolute chaos." It happened Sunday at the beach of La Bota, around three p.m. . A small tornado surprised people quietly sunbathing and enjoying the sea. The air lifted by this atmospheric phenomenon took everything he found his way, dragging chairs, floats and umbrellas , and lifting more than 20 meters. A few hours earlier, about half past one p.m. , a gust of wind affected similarly Portil beach . The phenomenon s and known as "dust devil" , and is a spiral airflow caused by rising warm air masses from the surface. In appearance and their effects may seem a small tornado and vary in intensity and height . According to Civil Protection caused no injuries , and coincided with the role of a northwest wind blowing southwest at that time.
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