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Somalia Leaders Sign Agreements on Formation of Government

Posted February 18th, 2012 at 6:00 am (UTC-5)
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Somali leaders have concluded a conference in the Puntland State of Somalia by signing an agreement on the formation of a new elected government. The three-day conference, attended by international delegates, ended early Saturday, with the Somali representatives agreeing to set up a bicameral legislature of upper and lower house representatives from the country’s states. […]

Tags: , , Posted in Africa

U.S. Central Bank Monetary Policy Ensures Money and Credit

Posted August 11th, 2011 at 10:30 am (UTC-5)
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The Federal Reserve in the United States acts as the country’s central bank. It has a mandate to promote maximum employment, stable prices and moderate long-term interest rates. The “Fed” has three main functions: –Provides and maintains an effective payments system, –Supervises and regulates banking operations –Conducts monetary policy. Structure of the Federal Reserve System: […]

Tags: , , , , , Posted in Economy

U.S. Central Bank Monetary Policy Ensures Money and Credit

Posted August 9th, 2011 at 1:50 pm (UTC-5)
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The Federal Reserve in the United States acts as the country’s central bank. It has a mandate to promote maximum employment, stable prices and moderate long-term interest rates. The “Fed” has three main functions: –Provides and maintains an effective payments system, –Supervises and regulates banking operations –Conducts monetary policy. Structure of the Federal Reserve System: […]

Tags: , , , , , Posted in Economy

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