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Google Business NewsMay 24, 2019
Global stocks, oil edge higher on muted trade optimism - Investing.com
Global stocks, oil edge higher on muted trade optimism  Investing.comUS stocks are set to rebound after trade fears roil markets  CNBCDow drops 400 points as Wall Street braces for deeper trade war  CNNAsia stocks flat as trade worries linger, Europe to open higher  ReutersStocks drop amid lingering trade worries  Yahoo FinanceView full coverage on Google News

MarketWatch MarketPulseMay 24, 2019
Pound briefly climbs after news U.K. Prime Minister Theresa May will step down
The British pound jumped, then pulled back on the news U.K. Prime Minister Theresa May will step down, after she failed three times to get a Brexit deal passed through Parliament. Making the announcement from Downing Street, May said her last day as prime minister and Conservative party leader will be June 7. The pound initially jumped on the move that had been widely reported, rising to a session high of $1.2725, before falling back to $1.2674, but still up 0.2% on the day. "The fact is that sterling volatility is going to rise from here and Boris Johnson is going to go for the hard Brexit which is going to be a huge disaster for the country," said Naeem Aslam, chief market analyst at TF Global Markets, in reference to former foreign secretary and Brexit hardliner Johnson.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Brad IdeasMay 23, 2019
If you buy land that will be covered by rising seas, should the government help you?
Topic: Going GreenGovernance In Venice, Acqua Alta rising seas flood the streets many times each year. They plan expensive inflatable dams.

Evidence mounts that sea level rise can't be avoided now, absent some miracle of geoengineering, and maybe not even with that. Even if you're one of those who insists human pollution isn't the cause, the planet is getting warmer, the ice sheets are melting at extreme rates.

When it comes to sea level rise, it's simple to know who will be affected. We know the height of all the land. We don't know the date the seas will reach that level, and we don't know what level they will finally reach before we fix things, but as time passes, we will get better handles on that.

For the people living on low-lying land, there will be calls for the government to help them, at the expense of those on higher ground. There will be efforts to build levees. Houses will be raised on stilts. There will be emergency funds during floods, and eventual funds to help people move.

What if governments declare today that this is coming. That a deadline approaches. Pick your date, but imagine Jan 1, 2030, a date before serious rise will appear.

Anybody who bought their land after the deadline would no longer be eligible to receive government assistance for problems caused by global warmi

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