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Thought of the Day

* 65–80 per cent of Facebook’s current share price can be attributed to
expected future growth in returns
* in Google’s case, 40–60 per cent of their parent company Alphabet’s
current share price can be attributed to such future growth.

- Rod Sims, Chairman, Australian Consumer and Competition Commission.

published by Emirates NDB (bank) and Emirates Police. Copyright 2019.

If we lost this place, we would lose the essence of Formula One
- Lewis Hamilton on the risk that Silverstone would be lost to F1. Several hours later, it was announced that the race is safe until at least 2024.

A week away for a string of public holidays here in KL and it seemed churlish not to take off the odd days that weren't. A look down my LinkedIn feed over the first coffee of the week and I am taken by surprise by... nothing. Hamster, meet wheel. Fads and fashion and renaming long established stuff doesn't make it news. What's worse is the constant repetition of the same stories where only the names have been changed proves one thing: the Financial Crime Industry has spent a quarter of a century bludgeoning people with information but it hasn't worked."

-- Nigel Morris-Cotterill

James Yang - from the Lost and Found Sessions - Wolves (English version). Play Loud.

Headlines: same newspaper, two days apart. Screengrab from Google.

Say what?

- USA Social Security Administration - Benefits Planner - 25 March 2019

Following two fatal crashes the following countries have banned Boeing 737 800 MAX aircraft from operating in or over their airspaceor ordered carriers registered in the country to ground any B738 800 MAX aircraft they operate.

The UK, China, the European Union, Singapore and Australia.
Hong Kong, Vietnam, India and New Zealand.
Turkey, France, Germany, Ireland, South Korea and Mongolia
Indonesia, Malaysia, Oman and UAE

In addition a number of airlines from all over the world have voluntarily grounded their fleet.

"I wrote this song,Perfect Day,for my grandfather. It's about the last day we spent together,where we drove to the seaside,chatting,laughing and reminiscing. " James Yang 楊永聰

The Treasury Department does not expect U.S financial institutions to take the European Commission’s list into account in their AML/CFT policies and procedures.

-- US Treasury Statement 13 February 2019