freemexy's blog
Such a huge shock on crude oil demand also highlights the challenge facing OPEC and its allies, who will meet in Vienna to discuss how to boost oil price that have fallen by more than 20% in the year. Saudi Arabia proposed to reduce daily output by as much as 1.5 million barrels, while Russia intended to maintain the current scale of production cut until the end of June. The last record decline of global oil demand was in 2009, when daily demand fell by 3.6 million barrels.
Goldman Sachs estimates daily crude oil demand will decline by 150,000 barrels this quarter, while energy FGE, a consulting firm from the energy industry, expected daily oil demand to drop 220,000 barrels.
In light of OPEC's past production reductions under the impact of falling demand, the reverse of the oil price slump will still depend on the support of macroeconomic situation. The current situation is obviously not very optimistic. We expect the decline of global crude oil demand this quarter to reach a record level.
Interest is growing for the biggest PowerBall jackpot thus far for 2020. On Tuesday, 21 April 2020, it could land someone a staggering combined R218 million with the PowerBall and PowerBall PLUS jackpots estimated at R123 million and R95 million respectively.
In a matter of days lottery managers Ithuba, say some 42,000 new players registered to play on their app, which they say is now more important than ever to encourage players to play online rather than going to stores to purchase tickets.
But, should you win you’ll also only be able to claim the prize winnings once lockdown is officially over as the Ithuba offices remain closed during the lockdown period. But while winners may be anxious to collect, all winning tickets have a life-span of 365 days before they expire.
Ithuba has been attempting to migrate its players to digital platforms since before the national lockdown. You can play the lottery online through its app, website and via banking partners Absa, FNB, Standard Bank and Nedbank.
Over the past three years, there has been a total of 20 national lottery jackpot winners who played via FNB's digital banking platforms. The function has been available on the FNB app since 2012.
While some would question whether gambling is an essential service, in the absence of live sports, South Africans are turning to betting on esports and sports simulations.
Part of the money which is generated from the national lottery does go toward fighting Covid-19. R50 million has been directed to the Solidarity Fund by the National Lotteries Commission, that regulates lotteries in South Africa and serves as the lottery grant funder.
The biggest PowerBall jackpot thus far for 2020 was won in February by a single player in Roodepoort who walked away with R114 million after spending R5 on the winning ticket.
But the coronavirus is taking a toll on ticket sales. If sales remain in a slump, the lottery might not be able to pay advertised jackpots, its deputy director of finance told the State Lottery Commission during a special meeting Monday.
“The ... unprecedented impact the COVID-19 health crisis is having on sales means each game is in imminent danger of having sales be insufficient to support the advertised jackpot,” said Nicholas Buchen, the deputy finance director, according to a transcript of the call.
The Lottery Commission voted at the meeting to scrap lottery regulations that required Mega Millions and Powerball jackpots to be at least $40 million. The change will give the lottery more flexibility to keep jackpots in line with sales, executives said.
Lottery executives described the change as a formality, saying lottery rules already allow it to pay less than the advertised amount if sales don’t support the jackpot.“If sales were to take a substantial dive, regardless of the amount that was advertised, at that point the winner would just get what sales support,” Buchen told the commission.
The California Lottery Act, passed in 1984, doesn’t require the dollar amounts to be in the regulations, Sharon Allen, the lottery’s deputy director of sales and marketing, told the commission.Additionally, official rules for both games already specify the $40 million is not guaranteed, Allen said.
The group that manages the Powerball game lowered its minimum jackpot to $20 million on March 25, Buchen told the commission. The California State Lottery is not part of the decision-making body for that game.
The Mega Millions Consortium, of which the California State Lottery is a member, opted at its last meeting to keep the minimum at $40 million for now, but could adjust it down depending on ticket sales.
The executives asked the commission to remove the specific amounts from the regulations so the lottery can act quickly if the consortium decides to reduce the jackpots.“Removing these subsections will eliminate unnecessary sources of conflict between lottery regulations and the official rules of both games,” Allen said.
In addition to specifying minimum amounts, the regulations had specified that each jackpot prize must increase by a set amount from the last prize. The regulations said the Mega Millions jackpot had to grow by $5 million per draw, while the Powerball set the minimum bump at $10 million. The commission also eliminated those requirements.
The California State Lottery was created to help fund education in the state. The department contributed about $1.7 billion to education in the state in the 2017-2018 fiscal year, about 1 percent of the state’s budget for public schools.
How does it work?
TheLotter is the biggest online lottery ticket agent providing services since the launch in 2002. Out of millions of customers from around the globe who have purchased lottery tickets online through their website, over 4 million became lottery winners and received more than $90 million in prizes. Another popular agent LottoKings with clients from more than 140 countries who have been playing with them for over 7 years provides even more options for paying for the lottery tickets. With offices all around the world, both agents' employees buy lottery tickets from the shops for their online clients. Their biggest winners have won lottery jackpots and million-dollar prizes, including Aura D from Panama, the biggest online lottery prize winner.
Aura D. won a $30 million jackpot online after matching all six winning numbers in the Florida Lotto draw on July 19, 2017. TheLotter, even went as far as buying her airplane ticket to Florida so she would be able to fly over to collect her prize. Here's Aura’s lottery story, and how it changed her life:
Another prominent online lottery winner, was a player from Iraq, who hit the $6.4 million Oregon Megabucks jackpot! "I was driving in my car, I was going to the bank… so I get a call from theLotter with the great news, I was in shock!", recalls M.M. Great news like this, comes when you’re least expecting it!
So is it legal to win lottery online? Here’s a report created by an American TV presenter explaining the legality of winning the American lottery online from a remote country like Iraq:
Guests who had secured tickets for reopening day were subjected to a number of newly implemented health and safety protocols, including mask requirements, new social-distancing rules and temperature screenings. A reservation system also helped to stagger guests’ arrivals at the park, which was limiting its normal capacity (80,000) to just 30 percent.
“For myself – and for our Shanghai Disney Resort cast members, who have taken great care to prepare the park for our guests – this is a very special moment,” said Joe Schott, the president of Shanghai Disney Resort, in a blog post shared Monday. “Making magic means even more to us today, as we reflect on the resilience of our community; our wonderful cast members who worked so diligently to preserve the park during the closure; the enthusiasm of our guests and fans; and, of course, the determination and dedication of the medical workers and first responders who helped to make this possible.”
Photos from reopening day show many of Shanghai Disneyland’s new safety measures in effect. Floor markers indicating safe social distancing have been placed in queues for ride and attraction entrances. Ride cars are limited to single riders or groups from the same party. Nearly everyone pictured was also wearing a protective face covering, aside from a few park employees making announcements or performers in the live-action shows.
Employees also held signs reminding guests to remain a safe distance apart from other park-goers. Additional signs posted in security lines were also indicating where not to stand, specifically, in order to keep the area clear.
“We found it was easier to tell the guests where not to stand and then leave the empty space where they can stand,” said Andrew Bolstein, the SVP of operations at Shanghai Disneyland, during a tour of the park, per the O.C. Register.“It feels like so many fewer people than normal. You don’t need to line up," according to visitor Dilys Ding, 26, who spoke with The Associated Press. "You can play all the entertainment items at least once. That’s very good.”
Upon announcing the park’s reopening last week, Shanghai Disneyland’s website confirmed that the resort was taking a “deliberate approach” to business after the success of Shanghai Disney Resort reopening a separate shopping and dining district, as well as an on-site hotel, back in March.
“We know how much our guests have been looking forward to returning to Shanghai Disneyland, and our cast is excited to begin welcoming them back,” said Disney CEO Bob Chapek in a statement obtained by Fox News. “As the park reopens with significantly enhanced health and safety measures, our guests will find Shanghai Disneyland as magical and memorable as ever.”Much of the new health and safety protocol implemented at Shanghai Disneyland is likely to be implemented at theme parks in the U.S. Last week, Dr. Pam Hymel, the chief medical officer for Disney Parks, outlined several “enhanced safety measures” its U.S. resorts are considering ahead of reopening to the public, including plans for “phased reopening” and new physical-distancing guidelines.
Visitors have streamed into the park, with many wearing Mickey Mouse ears and children dressed as Disney characters.Attendance is capped at a third of its normal 80,000 person capacity, customer entry is staggered according to time slots, and social distancing, mask wearing and temperature checks are being enforced.
Rides will be limited to one group of visitors per car and pavements have been painted to show visitors where to stand to keep a safe distance.
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The president of the resort, Joe Schott, told reporters: "We hope that today's reopening serves as a beacon of light across the globe, providing hope and inspiration to everyone."
The Shanghai park was closed on 25 January, followed by the Tokyo resort in February and then the French and US parks in March.The reopening will be welcome to Disney, which said in its recent earnings report that resort and cinema closures had cost $1.4bn (£1.13bn) in profit.
The Chinese government said last week that cinemas, museums and other venues will gradually reopen, a sign of confidence that the outbreak can be safely controlled.But concerns about a resurgence of cases linger.
Wuhan, the original centre of the coronavirus outbreak, reported its first new cluster of infections since its strict lockdown was lifted a month ago.
Five people were reported as new cases, all living in the same residential compound.All five had previously been reported as asymptomatic - those who test positive for COVID-19 and are able to infect others but do not show symptoms themselves.
China does not include asymptomatic cases in its total official count until patients display symptoms.
South Korea also confirmed new cases, reporting 35 new infections on Sunday.Many are from a cluster linked to nightclubs and bars in Itaewon, in Seoul.Officials have traced and tested more than 2,450 people who went to the area but are still looking for 3,000 more.
The following story is shared by Ms. Ge, an investor who sought WikiFXs help after the forex broker Solid Investments blocked her withdrawals. She reported the illegal broker to warn other investors against it.
Exposure of illegal broker
According to Ms. Ge, her friend had entrusted investment to a broker named Solid Investments and made considerable profits through their services. “I heard that by following the trading signals of their professional traders, one can easily make profits even without much experience, so I decided to try.” As the return was much higher than expected, Ms. Ge gladly stepped up her investment in order to reap greater profits.
Ms. Ges deposit records
But Ms. Ge didn’t realize that the initial profits were no more than a bait of the broker, and she was about to suffer heavy losses. Last December, Ms. Ge submitted a withdrawal application, but after waiting for a week, she still couldn’t receive the funds. The customer service first claimed that the “third-party withdrawal channel” was blocked, and then blamed the delay on the “impact of the coronavirus outbreak”, while all of Ms. Ge’s attempts to solve the issue through contacting the customer service agent turned out in vain.
Besides investors like Ms. Ge, the introducing brokers (IBs) of the company also suffered losses. In Solid Investments’ IB group, the administrator first coaxed the group members that they’ll soon receive their withdrawals after the withdrawal process functions properly again, and later threatened to remove those who raised doubts against him from the group.
Analysis
Solid Investments claims itself to be under NFAs regulation, yet our investigation suggests Solid Investments is not a regulated NFA member, while the alleged license number turned out to be only a registration number without showing any detail information about the broker.
According to WikiFX App, Solid Investments is rated at only 0.95 and its regulation has already expired. Per investigation, the broker’s operation involves a pyramid sales scheme, and WikiFX have labeled it as an illegal broker. Investors should beware of the risks.
WikiFX reminds investors that as you carefully protect you and your families from the coronavirus epidemic, and please also watch out for the traps of illegal brokers. Many illegal brokers will defraud inexperienced investors in the name of “entrusted wealth management” or “trading on investor’s behalf”. If you feel you are being scammed, contact us at wikifx@wikifx.com for assistance to recover your money. You can also download the “WikiFX App”, a broker inquiry app, to better protect your asset safety during investment.
The following story is shared by Ms. Ge, an investor who sought WikiFXs help after the forex broker Solid Investments blocked her withdrawals. She reported the illegal broker to warn other investors against it.
Exposure of illegal broker
According to Ms. Ge, her friend had entrusted investment to a broker named Solid Investments and made considerable profits through their services. “I heard that by following the trading signals of their professional traders, one can easily make profits even without much experience, so I decided to try.” As the return was much higher than expected, Ms. Ge gladly stepped up her investment in order to reap greater profits.
Ms. Ges deposit records
But Ms. Ge didn't realize that the initial profits were no more than a bait of the broker, and she was about to suffer heavy losses. Last December, Ms. Ge submitted a withdrawal application, but after waiting for a week, she still couldn't receive the funds. The customer service first claimed that the “third-party withdrawal channel” was blocked, and then blamed the delay on the “impact of the coronavirus outbreak”, while all of Ms. Ge's attempts to solve the issue through contacting the customer service agent turned out in vain.
Besides investors like Ms. Ge, the introducing brokers (IBs) of the company also suffered losses. In Solid Investments' IB group, the administrator first coaxed the group members that they'll soon receive their withdrawals after the withdrawal process functions properly again, and later threatened to remove those who raised doubts against him from the group.
Analysis
Solid Investments claims itself to be under NFAs regulation, yet our investigation suggests Solid Investments is not a regulated NFA member, while the alleged license number turned out to be only a registration number without showing any detail information about the broker.
According to WikiFX App, Solid Investments is rated at only 0.95 and its regulation has already expired. Per investigation, the broker's operation involves a pyramid sales scheme, and WikiFX have labeled it as an illegal broker. Investors should beware of the risks.
WikiFX reminds investors that as you carefully protect you and your families from the coronavirus epidemic, and please also watch out for the traps of illegal brokers. Many illegal brokers will defraud inexperienced investors in the name of “entrusted wealth management” or “trading on investor's behalf”. If you feel you are being scammed, contact us at wikifx@wikifx.com for assistance to recover your money. You can also download the “WikiFX App”, a broker inquiry app, to better protect your asset safety during investment.
Due to the recent epidemic, global central banks have cut interest
rates one after another, yields on investment products have fallen
sharply, and the stock market has been bleak. Investors have turned
their attention to traditional safe-haven assets, and the highly liquid
forex market is still vibrant. For forex investors who want to keep
profiting at this time, choosing the right broker is equally important
as choosing investment products. In order to better protect investors'
assets during the epidemic, WikiFX continues the on-spot survey to bring
you the most reliable reports about global brokers.To get more news
about AMP, you can visit WikiFX news official website.
AMP Global, ran by the AMP Global Group, is regulated by the Cyprus
Securities and Exchange Commission(CySEC) and offers services in forex,
CFD, futures and commodity trading. Limassol, where AMP Global is
located, is the second largest city in Cyprus. The relatively relaxed
regulatory environment and lower operating costs have attracted many
companies at home and abroad to registered here.
AMP Global's registration information on CySECs website
Following the regulatory address and navigation, we arrived at 1
Kaminion Street, a large business complex. We could see several
companies' huge logos from distance, including that of AMP Global. After
entering the building, we quickly found the office of AMP Global
following the directory sign. The spacious and tidy office had about ten
cubicles, and staff were busily working.
Conclusion
Through this visit, WikiFX confirm that AMP Global's office address in
Cyprus is in accordance with the regulatory information, and that its
CySEC STP license is under valid regulation. Also, according to WikiFX
App's latest risk warning, there's a company related to AMP Global named
AMP Global Clearing LLC that is operating in overrun business.
Investors can download the WikiFX App and follow the latest changes of a
broker's regulatory status.
The "All or Nothing" lotto ticket, which was sold for the May 8 drawing, matched none of the 11 numbers to capture the top prize, Kailey Bender, spokesperson for the Wisconsin Lottery, said Monday.
The ticket was purchased at Festival Foods in Neenah.Bender said the winner has yet to come forward but has until Nov. 4 to claim the $100,000.The vast majority of big lottery prizes are claimed by the lucky ticket holders, but there are exceptions.
The person who bought a lotto ticket last July in Menasha won a six-figure prize in the "All or Nothing" game. But the ticket holder never came forward during the 180-day claiming window, and the $100,000 prize was forfeited. The money was credited to the Wisconsin Lottery's property tax relief fund, Bender said at the time.To win "All or Nothing's" top prize, players must match all of the 11 numbers or none of the 11 numbers in the drawing. The game, which was launched April 7, 2019, was the state’s first new lotto game in five years.
The odds of winning the $100,000 top prize are 1 in 352,716. Drawings are held daily after 9 p.m.
There have been 34 "All or Nothing" $100,000 top prize winners so far. A total of 23 won by matching none of the numbers, and 11 won by matching all 11 numbers, Bender said.Or, of the 34 top prize winners, 68% matched 0 of the 11 numbers and 32% matched all 11 of the numbers, she said.
Tickets must be purchased before 9 p.m. to be included in that day's drawing.
The winning ticket that was purchased in Neenah can be claimed by mail or with an appointment-only, in-person visit to the Madison lottery office. Information on claiming prizes by mail can be found