SuPay

The Russian Ukrainian war brought significant downward pressure on the European currency.
In the coming week, we may see a further decline in GBP / NZD. Poor UK economic data and Russia's increased aggressiveness may continue to depress the pound, while strong commodity prices may boost the New Zealand dollar. Although the New Zealand dollar (NZD) is also a risk-sensitive currency, market sentiment related to the Ukrainian crisis has so far had a greater impact on the European currency. The New Zealand dollar (NZD) rose as commodity prices soared. The NZD was also boosted by China's better than expected PMI. As China is New Zealand's largest trading partner, positive economic news from China often supports the "New Zealand dollar". With the past of this week, risk appetite has eased, and global markets are increasingly worried about the crisis in Ukraine. However, NZD shows surprising elasticity. This is partly due to the New Zealand dollar's position as a commodity-linked currency, as some commodities soared as a result of the Russia Ukraine war. Russia and Ukraine are both big exporters, producing commodities such as wheat, metals, crude oil, and natural gas. Commodity prices have been rising as the war disrupted exports, boosting the commodity-linked New Zealand dollar.

The virus is rampant all over the world, and countries have taken various measures to deal with it. Accordingly, it has an important impact on all kinds of enterprises, including the financial industry, and will inevitably lead to all kinds of financial disputes. Analyze and compare relevant legal issues and Countermeasures for financial disputes caused by the epidemic. The traditional business interruption insurance policy covers losses caused by business interruption. Although the virus can not cause physical losses to enterprises, epidemic prevention and control often leads to shutdown, resulting in losses to enterprises. Whether the original insurance can cover this loss has aroused controversy in various countries. The first is the stipulation of the terms of the insurance contract. Taking the United Kingdom as an example, many policies stipulate the exemption clause for specific infectious diseases, such as avian influenza, SARS and hand foot and mouth disease. In addition, other losses caused by infectious diseases listed in the 2010 health security regulations can be compensated. The British government put COVID-19 into the list of infectious diseases in February 2020. Secondly, how the loss occurs will affect whether the claim can be settled. Many insurance policies make it clear that if the government issues control measures due to the prevention and control of infectious diseases, enterprises can be compensated for losses incurred when they stop business. However, before the introduction of compulsory isolation, the British government only advised enterprises to stop business and advised the public not to go to crowded places, resulting in many enterprises stopping business due to insufficient passenger flow, Whether this situation can settle the claim has aroused great controversy. In the UK, many small and medium-sized enterprises have filed a large number of claims for insurance policies, but the insurance industry has disputed and refused to pay compensation, resulting in a large number of policyholders' complaints to the UK financial conduct authority (FCA). On May 1, 2020, FCA announced that it was ready to submit the legal dispute to the court, obtain the statement of the court, and resolve the dispute as soon as possible after judicial characterization. At the same time, FCA hired a well-known law firm to uniformly represent the interests of policyholders and continuously coordinate and negotiate with insurance companies, hoping to solve disputes at a lower cost and avoid individual litigation.