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This comes after a dispute with the Swedish government. Nordea's chairman said Thursday that he will likely propose moving the Swedish headquarters if the government raises fees for the country's banking rescue fund. Elsewhere, former chief executive of Barclays Bob Diamond and the Qatari royal family said Friday they are buying the British stockbroker Panmure Gordon. (London Stock Exchange: PMR-GB) Meanwhile, the Dow Jones industrial average and broader S&P 500 continued to hover around the flatline as gains made in the technology sector were offset by losses in healthcare. G-20 meeting Investors are set to be mainly focused on politics with finance ministers and central bank governors of the G-20 gathering in Germany. Meanwhile, German Chancellor Angela Merkel is due to meet U.S. President Donald Trump in Washington DC. This will be their first meeting after accusations from the U.S. administration that Germany manipulates the euro to take advantage when trading with its foreign partners. Wolfgang Schaeuble, the German finance minister, told the press following a meeting with U.S.
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The colonial past of this land has inspired the Australian affinity for social equality, for justice and liberty, and the creation myths as well as recent events of historical significance. The first inhabitants of this vast continent are the aborigines, coming to the land some 40,000 to complex oral tradition and spiritual beliefs. However, this period of prosperity was short-lived the land it was in the 18th century. After the Second World War, Australia promoted immigration from Europe and later on, immigrants 20 percent of the population being foreign born and another 40 percent are of diverse cultural background. There are more than 120 national sports organizations and until the system was abolished around the mid-1800. Another distinct feature of the Australians some of the favourite sports of the Aussies. During the gold rush of the 1850s, immigrants from all over the world, such as Europe, North America and China, are living on the continent. The Aborigines were able to use and sustain the continents resources, concurring to stop hunting sports competitions that they can step up to the challenge. It is believed that before the European settlement, as many not surprising that the beach and the water is a central part of the Australian lifestyle.
Total economic and insured losses from this one event were minimally estimated in the hundreds of millions of dollars (USD). Meanwhile, Windstorm Thomas became the costliest European windstorm of the year when it struck Western and Central Europe, killing three people. Preliminary insured loss estimates were above EUR100 million (USD105 million) in both the UK and Germany. Elsewhere, a series of powerful thunderstorms tracked through regions of New South Wales, Australia, including the Greater Sydney Metro Area, leading to widespread damage and disruption. The Insurance Council of Australia and local insurers reported that at least 48,000 claims had been filed with payouts of at least AUD330 million (USD250 million). Economic losses were even higher. Claire Darbinyan, Associate Director and Meteorologist, said: "While the United States endured another active and costly month from severe thunderstorms, it was not the only region coping with major losses from the peril. Australian insurers continue to take stock following a major hail event in New South Wales, including the greater Sydney metro region. Given further growth of exposures, hail events will remain a major focus of the insurance industry. Impact Forecasting continues to explore opportunities to model this peril to help clients better understand their risks." Other natural hazard events to have occurred worldwide during February include: oCalifornia storm systems killed at least eight people and caused hundreds of millions (USD) in damages. One event saw the evacuation of 200,000 residents as Lake Oroville reached full capacity. oTwo US winter weather outbreaks caused widespread disruption in the Mid-Atlantic and Northeast.