U.K. May Extend New Libor Rules

U.K. May Extend New Libor Rules

Assessment

Interactive Video

Business

University

Hard

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The US and its Arab allies have bombed Islamic State oil refineries in Syria, impacting IS's $2 million daily revenue from illegal oil trade. An executive is considering a $9.6 billion bid for Telecom Italia. Meanwhile, the UK may extend Libor rules to other benchmarks after banks were accused of rigging the global interest rate benchmark.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated daily revenue of the Islamic State from illegal oil trade?

$500,000

$3,000,000

$1,000,000

$2,000,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company is an executive considering to bid for?

Deutsche Telekom

AT&T

Vodafone

Telecom Italia

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is Truglio trying to raise to buy a stake in Italy's largest phone company?

$12 billion

$9.6 billion

$7.5 billion

$5 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the UK considering extending new rules to, besides Libor?

Stock Market Indices

Currency Benchmarks

Real Estate Prices

Commodity Prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why were new laws imposed on the setting of Libor?

To stop banks from rigging the benchmark

To prevent currency devaluation

To increase interest rates

To promote international trade