financializer news A weblog highlighting financial topics making news in the international media.

bannon: The emails are likely to be scrutinised in the US where Robert Mueller, the special counsel investigating possible collusion between the Trump campaign and Russia, has interviewed Bannon a number of times, according to The Guardian. An email, dated 24 October 2015, written by Banks and copied to Bannon among others, states that Leave.EU would like CA Cambridge Analytica to come up with a strategy for fundraising in the States and engaging companies and special interest groups that might be affected by TTIP Transatlantic Trade and Investment Partnership . Banks is under criminal investigation over the sources of his 8m donation to the Leave.EU campaign after the Electoral Commission suspected he was not the true source of loans and the money had come from impermissible sources claims denied by Banks. Banks, as founder of Leave.EU, wanted Bannon's data firm Cambridge Analytica to devise a plan in late 2015 for raising funds in the US that would support the unofficial Brexit campaign, according to the correspondence. Political donations from foreigners are illegal under British law. Banks states in the email that US citizens with British relatives could be targeted for donations, writing that a potential strategy should look at how we could connect to people with family ties to the UK and raise money and create SM social media activity. The email that suggests Banks attempted to solicit overseas donations for his unofficial Brexit campaign is likely to be published as evidence by parliament's inquiry into fake news on Monday. (news.financializer.com). As reported in the news.

danforth: Access Alliance is one of five agencies based in Access Point on the Danforth, according to The Toronto Star. Jonathan Nicholls / for the Toronto Star Access Point on Danforth is a multiservice community hub for the neighbourhoods surrounding Danforth and Victoria Park Aves., shown here. According to the United Way, a strong neighbourhood is one where nobody is disadvantaged because of where they live. Jonathan Nicholls / for the Toronto Star Unfortunately, many of Toronto's inner-city neighbourhoods don't fit this definition, with residents living below the poverty line, a lack of adequate community programs and infrastructure, and growing needs. From 2005 to 2014, through targeted investments and partnerships, 269 million was invested in 220 programs, including the development of community hubs for social services, and funding for resident-led projects, such as playgrounds and community gardens. Consultation for the Building Strong Neighbourhood Strategy BSNS began in 2005, and the following year the United Way launched the program, which aimed to close the growing gaps in 13 priority neighbourhoods by improving access to social programs and services. (news.financializer.com). As reported in the news.

hospital saturday: The protester was killed when a driver caught in traffic accelerated in a panic at Pont-de-Beauvoisin, near Chambery, said Louis Laugier, the top state official in the eastern Savoie region, according to Nine News Australia. According to French media reports, the protesters knocked on the woman's car as she tried to take her daughter to hospital Saturday local time. To improve your experience update it here News World French driver swamped by protesters hits and kills' one amid nationwide fuel tax hike By AAP7 09am Nov 18, 2018Facebook Tweet MailA protester has been killed and 47 others injured during roadblocks set up around France to demonstrate against rising fuel taxes. A protester has been killed and 47 others injured during roadblocks set up around France to demonstrate against rising fuel taxes. Police said three of the 47 injured in separate incidents are in a serious condition. AP An investigation has been launched. (news.financializer.com). As reported in the news.

hospital: Premier Daniel Andrews was first to splash the cash on Saturday, pledging 100 million to build a hospital dedicated to women and children in Geelong, according to Nine News Australia. He says the facility would be built on the site of the old Geelong Private Hospital, which closed in June, and the initial funds spent on stage-one works including planning, design and early construction. To improve your experience update it here News National Labor, Libs splash cash as Vic poll nears12 17pm Nov 17, a week until the Victorian election, the major parties have ramped up their campaigns, making big-ticket promises on opposite sides of the state. This is exactly the right investment to make for mums and bubs, for families right across Geelong, Mr Andrews told the seaside city. It was revealed on Friday Hassan Khalif Shire Ali had been released on bail over a string of driving offences when he went on the deadly rampage, with Mr Andrews left to explain federal authorities had earlier deemed him a terror risk but Victorian police weren't told. Yet it was Health Minister Jill Hennessy who curiously drew applause during the announcement for her defence of the premier's handling of last week's Bourke Street attack. (news.financializer.com). As reported in the news.

two-thirds majority: A social club needs a two-thirds majority to alter its rules, but the UK can redirect its future by a margin of one Cunningham, the former Labour MP for Islington South and Finsbury, died in July aged 87, after 15 years spent in a care home with Alzheimer's, according to The Guardian. I never met him, and heard him speak only once. But what's harder to deny is that if Britain had paid more attention to Cunningham's most significant political achievement remembering it as a lesson for a future referendum over Europe we might all be much happier now. As the Labour MP for Islington South, he addressed a meeting of constituency residents who were protesting about the practice then known as winkling in which property speculators bought up old houses and through a mixture of bribes and harassment, winkled out the sitting tenants so the empty property could be done up and sold for a good profit to young people who appreciated Georgian fanlights and cornices. I remember he seemed energetic and sincere. This would be about 1975. (news.financializer.com). As reported in the news.

bn company: The campaign by Exelon, a 34bn company that produces nuclear energy, and other electric power companies against weakening the rule stands in stark contrast to the arguments that have underpinned the Trump administration's efforts to reverse Obama-era health and environmental rules, according to The Guardian. It also reveals deep divisions within the energy sector about the alleged benefits of rolling back such regulations. Exelon, one of the largest producers of electricity in the US, has also argued to the Environmental Protection Agency that compliance with the existing mercury rule, a 2012 regulation that limits how much of the toxic pollutant can be emitted from coal-fired power plants, has had substantial health and environmental benefits and has cost a small fraction of what was originally anticipated. The Trump administration's effort to change the mercury rule, which was previously litigated for years in the courts and is arguably one of the most costly environmental regulations ever to be implemented, is seen as benefitting one company in particular Murray Energy Company, one of the largest US coal companies. Andrew Wheeler, the acting administrator of the EPA, formerly worked for a law firm that represented the coal magnate. Murray, which is controlled by Robert Murray, a major donor to Trump's inauguration events, reportedly requested a change in the mercury rule shortly after the president took office. (news.financializer.com). As reported in the news.

canadian dollar: West Texas Intermediate was down 26 per cent from its peak in early October, according to The Toronto Star. The Canadian dollar traded higher at 76.10 cents U.S. compared with an average of 75.75 cents on Thursday. The January crude contract was unchanged at US 56.68 per barrel Friday but was down almost six per cent for the week as it ended an unprecedented 12-day run of falling prices. Paul Chiasson / THE CANADIAN PRESS The December natural gas contract was up 23.4 cents at US 4.27 per mmBTU. While some small energies company moved up, the energy sector on the TSX was down half a per cent on the day as bigger names weakened with the West Canadian Select closing marginally higher from its low. Article Continued Below Low Canadian oil prices will force producers to cut production next year which will have a significant economic impact, he added. So I think it's just a question of investors wrapping their head around Canadian energy given the particular challenges that we're facing with take-away capacity being so constrained, said Patrick Blais, senior portfolio manager at Manulife Asset Management. (news.financializer.com). As reported in the news.

denmark: Unable to break Denmark down for so much of the game, Wales roused in the dying moments and pulled a goal back through Gareth Bale within seconds of Braithwaite's strike, according to The Guardian. The sight of the fourth official indicating that there were five additional minutes lifted the home supporters but Denmark are too good a team to make the same mistake twice. Nicolai J rgensen delivered the first blow, expertly finishing off a sweeping move that saw Denmark go from one end of the pitch to the other in the blink of an eye, before Martin Braithwaite volleyed home the second two minutes from time. Netherlands secure victory over France to condemn Germany to relegation Read more ge Hareide's side have lost only once inside 90 minutes in 24 matches a farcical defeat at the hands of Slovakia when they were forced to field a makeshift team after a dispute between the players and the football association over commercial rights and it is easy to see why they have such a formidable record. It was certainly not the sort of exhilarating attacking performance that Wales delivered at home against the Republic of Ireland a couple of months ago, when a callow team cut through their opponents almost at will. The visitors managed the game superbly after taking the lead, restricting Wales to few goalscoring opportunities in the second half and marginalising the influence of Bale, who came to life only in the final 15 minutes, and Aaron Ramsey, who was subdued throughout. (news.financializer.com). As reported in the news.

february: Australian PM Scott Morrison laid the wreath with Mr Abe, who is the first Japanese prime minister to visit Darwin which was bombed in February 1942 during World War II. Fittingly the Darwin Cenotaph overlooks the harbour where an estimated 242 Japanese aircraft attacked Darwin, killing about 240 people including some US defence members, according to Nine News Australia. Shinzo Abe and Scott Morrison laid wreaths at the Darwin Cenotaph, 77 years after Japan bombed the city. To improve your experience update it here News National World War Japan's Prime Minister visits the Darwin Cenotaph 77 years after bombing By AAP8 29pm Nov 16, Prime Minister Shinzo Abe has laid a wreath at the Darwin Cenotaph overlooking the city's harbour nearly 77 years after Japan's military bombed it. AAP Mr Abe and Mr Morrison stood solemnly for a playing of the Last Post. Mr Abe and Mr Morrison walked together in Darwin's Bicentenntial Park to the cenotaph for a solemn military ceremony including the playing of the Last Post. AAP Darwin's harbour and airfields were key wartime bases for the allies with the air raids on February 19 the largest attack by a foreign power on mainland Australia and the first of more than 100 Japanese raids during the war. (news.financializer.com). As reported in the news.

iran: But that is transparently exaggerated, according to The Guardian. And the statement by Mike Pompeo that sanctions will be used to ensure Iran behaves like a normal country is unintentionally ironic. Trump's sanctions against Iran help the US's enemies and weaken its friends Simon Jenkins Read more This policy is based on the claim that Iran is a major security threat to the American people. The US is not a normal country. The truth is that all who intervene in the Middle East's regional struggles, including Iran, are doing what states always have done trying to influence outcomes in the direction of their real or perceived interests. Complicity in a horrifying aggression against Yemen and supporting the extension of Israeli colonisation of Palestine are not acts of normality. (news.financializer.com). As reported in the news.

quebec government: Flags fly outside a Bombardier plant in Montreal, Thursday, November 8, 2018, according to The Toronto Star. The Quebec government has said it is ready to help Bombardier after the head of Quebec's aerospace union called on the province to intervene. I pointed to the CRJ, CEO Alain Bellemare said in an interview, but added he wasn't ready to comment on potential public support for the ailing jet program. Ryan Remiorz / THE CANADIAN PRESS Right now, I don't see that, but I don't want to say something today and then in a month from now, two months from now, it's different. I have no other intentions than that, at this point. My goal is to make this program work by working with customers and by working with suppliers. (news.financializer.com). As reported in the news.

president: US Vice President Mike Pence will issue the call on Saturday when he speaks at an Asia-Pacific Economic Cooperation meeting in the Papua New Guinea capital Port Moresby, according to Nine News Australia. Prime Minister Scott Morrison will also address the meeting and may also meet with President Xi Jinping as relations with China continue to thaw. To improve your experience update it here News NationalUS urges China away from Pacific 'empire'2 00pm Nov 16, 2018Facebook Tweet Mail The United States will tell key leaders to push against empire and aggression in Asia and the Pacific as concerns about China's influence grow. I think we're moving into a new phase there, which I think is very good for Australia, Mr Morrison told ABC radio on Friday. President Xi received a lavish welcome in Port Moresby, being the first of the APEC leaders to arrive for the annual summit. Our positions have not changed, our consistency will be maintained but the relationship, I think, is very positive. (news.financializer.com). As reported in the news.

tragedy: The tragedy of over-packing knows no bounds, according to The Toronto Star. But before you can just pack less, you have to know what not to pack. I've watched screaming couples lug massive suitcases across the cobblestones of Sicily, and seen tiny travellers miserably dwarfed by massive backpacks in train stations, as often as I've marvelled at surly ones in the street frantically gathering up acres of clothes from a broken rolling bag. A safe rule of thumb if you think you might need it, you won't. Then you'll have something new with a story attached, and what's better than that Lars Leetaru / The New York Times A voltage converter Voltage converters are pretty much a thing of the past. Worst case, you can buy it there. (news.financializer.com). As reported in the news.

world leaders: With US President Donald Trump not attending, Vice President Pence - who will be staying in Cairns and flying into PNG daily - will underline Australia's role in the Indo-Pacific and call for greater economic development to bring prosperity to the region, according to Nine News Australia. Other world leaders, like Canada's Justin Trudeau, will stay in Port Moresby. To improve your experience update it here News National Pence lands in Cairns for APEC9 52pm Nov 16, States vice president Mike Pence has landed in Queensland before going to Asia Pacific Economic Cooperation meetings in Papua New Guinea. AAP 2018Continue reading PoliticsCONTACT USSend your photos, videos and stories to 9News News How to design and decorate your home to maximise the summer sun - domain.au Top Stories Teenage boy 'mobbed by more than 10 sharks' while spearfishingan hour agoIN PHOTOSThe battle to save California60 minutes Hillsong Church founder under police investigationan hour ago Inside the youth camps where children are trained to kill (news.financializer.com). As reported in the news.

bankruptcy interest: Source Bloomberg More From Daybreak Asia01 49 56Bloomberg Daybreak Asia - Full Show05 05Vietnam Tops Places Where APAC CEOs Look for Investment, Says PwC's Chao05 34May's Deal Is the Best of a Bad Deal, Says Digicel's Chairman02 26California Regulators Said to Signal No Bankruptcy Interest in PG&EAll episodes and clips Bloomberg Markets Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens, according to Bloomberg. More episodes and clips01 44 50'Bloomberg Markets The Close' Full Show Markets Balance of Power' Full Show 11/16/2018 03 13Oil Decline 'Convenient for Fed,' State Street's Graf Says01 44U.S.-China Trade Dispute Inches Closer to Being the world with Bloomberg News More episodes and clips02 26This Urban Innovation Is Driving People Insane03 03How Women in the Mideast Are Advancing02 53China's Tech Giants Aren't Copycats Anymore02 33Taking From the Rich Might Not Help the Poor The David Rubenstein Show The David Rubenstein Show Peer-to-Peer Conversations explores successful leadership through the personal and professional choices of the most influential people in business. She speaks on Bloomberg Daybreak Asia. More episodes and clips24 06The David Rubenstein Show Alan Greenspan24 03The David Rubenstein Show Michael Milken24 05The David Rubenstein Show Christine Lagarde24 05The David Rubenstein Show Barry Diller See all shows (news.financializer.com). As reported in the news.

europe: A cautious start is expected in Europe, however, according to Nine News Australia. Spreadbetters see Britain's FTSE opening flat, Germany's DAX slipping 0.25 per cent and France's CAC losing 0.2 per cent. To improve your experience update it here News World Asia stocks lifted by China-US trade hopes8 56pm Nov 15, stocks has risen, cheered by a bounce in Chinese equities on signs China and the United States may be taking steps to de-escalate their bitter trade dispute, while oil prices resumed their retreat on fears of oversupply. US government sources told Reuters on Wednesday that China had sent a response to US demands for trade reform but gave no further details, raising hopes the two sides could resume negotiations to end their trade war. Brent was down 0.1 per cent at 66.04.MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7 per cent. US oil futures fell 0.3 per cent to 56.08 a barrel, after a slight bounce overnight that followed 12 straight losing sessions. (news.financializer.com). As reported in the news.

family: The firm, which has never made a profit, could target a valuation of 120bn when it lists on the New York stock market next year three times the value of the carmaker Ford, according to The Guardian. Uber counts Japan's Soft Bank and Saudi Arabia's royal family among its biggest investors. The San Francisco-based ride-sharing firm, valued at 76bn, is under pressure to improve its financial performance before the IPO. It lost 1.07bn in the three months to September, a 20% increase from 891m in the previous quarter. The latest quarterly loss is down more than a quarter from a year ago, when the company posted its biggest publicly disclosed quarterly loss after the departure of Uber's co-founder and chief executive, Travis Kalanick. Growth has slowed sharply from double-digit rates last year and near-30% growth in late 2016. Bookings rose 6% from the previous quarter to 12.7bn, marking the third quarter in a row they have grown in single digits. (news.financializer.com). As reported in the news.

flight: The parents of one passenger sued the company, claiming that the downed plane, a 737 MAX 8, had an unsafe design, according to CNN. Lion Air flight 610 crashed on October 29 into the sea near Jakarta, Indonesia, soon after taking off killing all 189 on board. The first lawsuit against Boeing related to the crash was filed Thursday. The suit alleges Boeing failed to communicate a new safety feature that hadn't existed in previous 737s. Justin Green, an attorney for Kreindler & Kreindler and a CNN aviation analyst, said he believes that Boeing might very well be held liable. Lion Air's operational director accused Boeing of withholding information from pilots about a safety feature that automatically lowers the airplane's nose to prevent or exit a stall. (news.financializer.com). As reported in the news.

ftse-quoted companies: An FCA spokesman said As you would expect in this type of situation we have regular contact with firms and will continue to engage with them, according to The Guardian. Investors were offloading shares in FTSE-quoted companies with large domestic businesses and UK currency holdings in an effort to reduce their exposure to the British economy. The Financial Conduct Authority FCA is understood to have been in touch with stock exchanges, bigger banks, and asset management companies regarding market volatility. Royal Bank of Scotland was the biggest faller on the FTSE 100, with shares closing down 9.6% at 224p. Aston Martin ready to fly car parts to UK if Brexit deal collapses Read more Housebuilders Persimmon, Taylor Wimpey and Barratt Developments all closed down more than 7%, with Berkeley Group falling more than 6%. The four FTSE 100 housebuilders lost 1.6bn collectively from their market capitalisations. The market value of the bank, still 62% owned by the government, fell by 2.8bn in Thursday's sell-off. (news.financializer.com). As reported in the news.

index: The index has fallen almost 7 per cent this year, to 15,107, according to The Toronto Star. Brian Belski, chief investment strategist at BMO Capital Markets, believes the Canadian stock market is positioned for a huge recovery and a huge surprise with respect to performance . Nathan Denette / THE CANADIAN PRESS He's not paring his bullish view on Canada, admonishing a group of portfolio managers in Toronto for being scared of low oil prices, household debt and the perception that fiscal policy is uncompetitive. Belski's year-end target for the S&P/TSX Composite Index is 17,600, 16 per cent above current levels, although he admitted in a recent note that 16,500 to 17,000 is looking more realistic. I think Canada is positioned for a huge recovery and a huge surprise with respect to performance, Belski told the Portfolio Management Association of Canada's national conference Thursday, adding that investors will shift their money back to the country amid volatility in Europe and emerging markets. He prefers high-quality names like Canadian Natural Resources Ltd., Suncor Energy Inc., Trans Canada Corp. and Enbridge Inc. Despite historically low Canadian crude prices, which are trading at a 42 U.S. discount to already-weak West Texas Intermediate, Belski sees a massive bounce in energy stocks next year. (news.financializer.com). As reported in the news.

island leaders: Ahead of that China's President Xi Jinping will press Pacific island leaders to sign up to his signature trillion dollar Belt and Road infrastructure plan when he arrives in PNG today, two days before the APEC leaders' summit, according to Nine News Australia. This strategic battle for the Indo-Pacific, played out on our doorstep at a meeting of the 21 member economic forum, will be a stark illustration of the tough decisions Australia faces in the years ahead as it walks the fine diplomatic line between its key ally and major trading partner. To improve your experience update it here News NationalUS to counter China's Belt and Road infrastructure plan By Chris Uhlmann Jonathan Kearsley12 44pm Nov 15, will lay out its plan to counter China's dangerous debt diplomacy in the Indo-Pacific when US Vice President Mike Pence addresses business leaders in Papua New Guinea on Saturday. US Vice President Mike Pence will address business owners in PNG on Saturday. That will stand in sharp contrast to the dangerous debt diplomacy that China has been engaging in throughout the region. A senior US administration official told 9News that Mr Pence's speech to an APEC business leaders' forum will put meat on the bones of our Indo-Pacific strategy . We'll also be explaining the benefits of free markets and how APEC helps to write the rules of better economic integration in the region, the official said. (news.financializer.com). As reported in the news.

minister theresa: As home secretary under former prime minister David Cameron, she opposed Britain's divorce from the European Union during the so-called Brexit referendum of 2016, according to The Toronto Star. Political artist Kaya Mar holds a painting depicting British Prime Minister Theresa May sinking in 'a sea of Brexit in London on Thursday. May is perhaps the unluckiest politician in the Western world. May faces a political backlash Thursday over the deal, which is considered insufficient by Brexit backers as well as those who wanted to remain in the EU. Parliament needs to approve the deal and it is unclear whether May has the numbers to push it through. That job has cost her the support of at least nine cabinet ministers and may ultimately destroy her prime ministership. Matt Dunham / AP But as the person who replaced Cameron, she is charged with the near-impossible job of making that divorce happen. (news.financializer.com). As reported in the news.

minister: With Darwin's economy slower now that the city's US40 billion 55 billion Japanese-owned Icthys gas mega-project is built and much of the jobs are gone, the City Deal is a relief for the Northern Territory Labor Government, according to Nine News Australia. Prime Minister Scott Morrison announced the deal ahead of a meeting on Friday with Japan's Prime Minister Shinzo Abe, who is the first Japanese leader to visit Darwin since World War II, during which Darwin was bombed. To improve your experience update it here News National Darwin gets 200m to boost infrastructure2 12pm Nov 16, northern capital Darwin will get 1100 new university students and a CSIRO laboratory working on making tropical cities more livable as part of a 200 million federal City Deal. The Commonwealth Scientific and Industrial Research Organisation Urban Living Lab will make Darwin a key researcher for how you run liveable cities in tropical areas around the world and create cooler, greener streetscapes, Mr Morrison told reporters. Just to our north East Asia these are big challenges for those cities and how they cope with living in tropical areas with modern urban centres. The 'Urban Living Lab' investment will be in greening the city and ensuring they can mitigate temperatures in the city, he said. (news.financializer.com). As reported in the news.

outlook: In a report on the outlook for the British economy, the IMF also backed up the chancellor's claim that the failure of MPs to agree a deal would bring forward much of the financial pain of leaving the EU. IMF officials said they had not worked out the direct impact of Brexit in their most recent analysis, but it was clear that a hard Brexit without a deal would harm the UK economy, according to The Guardian. A disruptive departure without an implementation period could have serious negative economic consequences, it said in its annual health check. The Washington-based organisation said there would be a jump in consumer spending and business investment following a deal that secured frictionless trade with the European Union, lifting the UK's growth rate beyond the 1.5% it expects for 2019. While all likely Brexit outcomes will entail costs for the UK economy by departing from the frictionless single market that now prevails, an agreement that minimises the introduction of new tariff and non-tariff barriers would best protect growth and incomes in the UK and EU. Sign up to the daily Business Today email or follow Guardian Business on Twitter at Business Desk Close cooperation and coordination with the EU to prevent disruptions and mitigate risks will be important to achieve a smooth transition, it said. Topics International Monetary Fund Hammond Share on Facebook Share on Twitter Share via Email Share on Linked InShare on Pinterest Share on Google Share on Whats AppShare on Messenger Reuse this content In his budget last month, Hammond said the economy would get a double boost from a Chequers-style deal that almost replicated the current trade arrangements for goods across the EU. He said the outlook for growth would improve, generating higher business profits and wages that in turn would boost tax receipts, giving the government greater leeway to increase public spending and cut taxes. (news.financializer.com). As reported in the news.

sec commissioner: One SEC commissioner, Kara Stein, has said the database could become the Hubble telescope of securities markets, according to The Toronto Star. A group of stock and options exchanges overseeing the audit trail missed a deadline in November 2017 to begin reporting data to the repository. The Securities and Exchange Commission ordered the creation of the Consolidated Audit Trail in 2012 after regulators found they didn't have enough information to explain a sudden market decline, known as the flash crash, that occurred in May 2010. Now, their contractor hasn't been able to link all types of orders submitted by exchanges despite a prolonged testing period, the people said. While most exchange operators have data businesses that sell slices of their order books to high-frequency traders, they and their contractor have struggled to stitch their systems together as one complete record of all market activity. Although exchanges will submit data to the system on Thursday, multiple users including regulators won't be able to efficiently search its records because the volume of data is too great for the structure of the database, the people said. (news.financializer.com). As reported in the news.

cash-in-transit guards: Footage shows the robbery in April in Sydney's south-west, where two armed cash-in-transit guards were intercepted by the Golf as they exited their vehicle in Clemton Park, according to Nine News Australia. An armed man, with his face covered, is depicted getting out of the passenger side and approaching the security guards, before taking cash bags and fleeing the scene in the car. To improve your experience update it here News National Footage released of armed robbery of cash-in-transit guards in Sydney By Stuart Marsh6 54pm Nov 14, 2018Facebook Tweet Mail Men with rifles burst out of a Volkswagen Golf and threaten guards of an armoured truck in new video released by Sydney police. Two armed cash-in-transit guards were intercepted by a Volkswagen Golf. Following the hold-up detectives established Strike Force Callagher to hunt down the two armed robbers. NSW Police The robbery took place in Clemton Park in April. 9News Neither of the armed guards were harmed during the incident. (news.financializer.com). As reported in the news.