This Danish bank is offering mortgages with a negative interest rate

A bank in Denmark is offering borrowers mortgages at a negative interest rate, effectively paying its customers to borrow money for a house purchase. Financial markets are in a volatile, uncertain spot right now. Factors include the US-China trade war, Brexit, and a generalized economic slowdown across the world — and particularly in Europe.

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Union Designates Strait of Hormuz a Temporary Extended Risk Zone

The International Transport Workers Federation has designated the Strait of Hormuz a Temporary Extended Risk Zone following recent tanker attacks in the Gulf of Oman. The designation means that seafarers who are subject to an attack in the zone, are entitled to a bonus and doubled death and disability compensation.

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Jeff Coleman on Congress bid: ‘I’m all in’

Dothan, Ala. businessman Jeff Coleman told Alabama Daily News that he plans to run for the Republican nomination for Congress in Alabama’s 2nd District. Coleman is a two-time former Chair of IAM as well as the current Chair of the IAM Hall of Honor.

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