Money
Heathrow Airport opens dedicated terminal ‘red list’ arrivals terminal
The United Kingdom’s biggest airports has opened up a dedicated hub to process arrivals coming from red list nations
This month, Heathrow Airport reopened Terminal 4, using the hub as a dedicated facility for processing passengers arriving from red list countries.
The airport stated that the measure would keep those arriving from destinations on the high-risk list away from other travellers, reducing the risk of exposure to COVID.
The red list has been resurrected with 10 countries in southern Africa put on it on 26 November due to concerns surrounding the new Omicron coronavirus variant, believed to have originated in South Africa.
People entering Britain from those locations must spend 11 nights in a quarantine hotel
The cost to pay for hotel quarantine is estimated at £2,285 for per passenger.
Heathrow first opened a facility for red list arrivals at Terminal 3 in June following concerns that allowing passengers to mix with those who had flown in from other locations could increase the spread of the virus, and drive up cases in the country.
It was later switched to Terminal 4, however programme was closed in early November following the removal of the final seven countries on the list.
Tougher travel rules introduced by the government include requiring fully vaccinated people entering the UK to self-isolate until they receive a negative result from a PCR test.
Money
Markets tumble as Trump tariffs, Greenland rhetoric and Europe backlash collide
U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.
U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.
U.S. equities took a sharp hit as markets reacted to renewed tariff threats and heightened political rhetoric from President Donald Trump. The Dow plunged more than 800 points, with the S&P 500 and Nasdaq also sliding as investor nerves rattled risk assets.
The sell-off highlights growing concern around global trade tensions and geopolitical uncertainty, with markets struggling to price in what comes next for U.S. economic leadership and policy direction.
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Money
Gold hits record highs as investors flee risk
Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.
Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.
Gold is shining brighter than ever as investors flock to safe-haven assets amid global uncertainty. U.S. gold futures for February delivery jumped 1.71% to $4,674.20 per ounce, while spot gold rose 1.6% to $4,668.14.
The surge comes as geopolitical tensions continue to worry traders, prompting a rush into metals perceived as stable and secure. Analysts say gold is proving its status as the ultimate hedge during turbulent times.
Investors are closely watching markets as gold sets new benchmarks, signalling growing caution across the financial landscape.
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Money
Markets edge higher as 10-year yields hit new highs
Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.
Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.
All major stock indices are starting the week slightly higher, giving investors cautious optimism. Analysts are keeping an eye on movements in small caps and mega-cap tech stocks amid these early gains.
The yield on the 10-year Treasury note has climbed to 4.23%, the highest since last September. This follows Kevin Warsh emerging as the frontrunner for the next Federal Reserve Chair, sparking speculation on future monetary policy.
Rising yields could trigger a pullback in small-cap stocks, while investors may pivot toward mega-cap tech, expected to deliver strong earnings growth. Overall, the market is likely to see a neutral to slightly bearish trend next week due to overbought conditions.
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