The British pound fell to an all-time low against the dollar as markets reacted to the UK’s biggest tax cuts in 50 years. The pound plunged more than 4% early Monday morning to $1.0327 before stabilizing at around $1.06. The steep slide came as trading opened in Asia and Australia, extending an almost 2% drop from Friday and fueling predictions that the pound could continue to fall to parity with the US dollar. If the pound continues to stand at this low level against the dollar, imports of commodities such as oil and gas, which are priced in dollars , will be more expensive to buy. British people visiting the US will also find that their money does not go as far as it once did. In short, you will be paying more for whatever you buy overseas. On the production side, this trend is good for US firms who want to shoot in the UK because costs will be cheaper, but it is bad for U.K. buyers who need to acquire content in dollars. Overall, it is bad for UK PLC. Experts … [Read more...] about British Pound Falls To Record Low Against The Dollar
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Gallery Launch Gallery Everett Collection American actor Daniel Benson was just 20 years old when he was cast as Zeke Beakerman -- the exceptional student and cheerleader at Tribeca Prep -- in Disney's 2007-2012 series "Wizards Of Waverly Place." Daniel shared the screen with David Henrie as the oldest Russo kid who has the ability to create his own spell, Justin Russo, Selena Gomez as Justin's sneaky younger sister who is not the most studious when it comes to her wizard trainings and school, Alex Russo and Jake T. Austin as the third Russo child who eventually loses his powers, Max Russo. Guess what he looks like now! … [Read more...] about Zeke on ‘Wizards Of Waverly Place’ ‘Memba Him?!