Showing Archived Posts

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

List of Countries With Top Credit Ratings

Posted August 11th, 2011 at 10:25 am (UTC-5)
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Here is a list of countries with the highest possible (AAA) sovereign debt rating by all three major rating agencies, including Standard & Poor’s: Austria Canada Denmark Finland France Germany Luxembourg Netherlands Norway Singapore Sweden Switzerland United Kingdom These are the countries that are rated by S&P one step below the top (AA+): Belgium New […]

Tags: , , , Posted in Economy

Rating Agencies in Spotlight Following Downgrade

Posted August 11th, 2011 at 10:25 am (UTC-5)
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The recent downgrade of the U.S. government’s credit rating by the Standard & Poor’s agency has put this private company and its major rivals in the headlines. Rating agencies are supposed to help investors by evaluating the creditworthiness of nations and companies that borrow money. The highest ratings are given to those judged to be […]

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

Rating Agencies in Spotlight Following Downgrade

Posted August 9th, 2011 at 12:30 pm (UTC-5)
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The recent downgrade of the U.S. government’s credit rating by the Standard & Poor’s agency has put this private company and its major rivals in the headlines. Rating agencies are supposed to help investors by evaluating the creditworthiness of nations and companies that borrow money. The highest ratings are given to those judged to be […]

Tags: , , Posted in Economy, US

Debt Deal Includes Compromise, Concessions

Posted August 1st, 2011 at 1:00 pm (UTC-5)
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The deal to end the U.S. debt-ceiling standoff contains some important compromises. It allows the debt ceiling to rise by up to $2.4 trillion — enough to keep the country borrowing money until 2013. It includes spending cuts that could reach $2.5 trillion, to exceed the amount of the debt ceiling increase. It initally cuts […]

Tags: , , , Posted in Economy

What is a famine?

Posted July 20th, 2011 at 10:10 am (UTC-5)
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Definition of Famine: The word famine is a term that is not used lightly by humanitarian organizations. The United Nations describes a crisis as a famine only when the following conditions are met: – Malnutrition rates exceed 30 percent – More than two people per 10,000 people are dying each day – Severe lack of […]

Tags: , , , , , Posted in Africa

Thai Voters Choose New Parliament Sunday

Posted June 30th, 2011 at 12:10 pm (UTC-5)
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Thai voters go to the polls Sunday to choose a new parliament. Here are some key facts about the election: The Main Candidates: Prime Minister Abhisit Vejjajiva: The Oxford educated Mr. Abhisit enjoys strong backing from the Thai military and the country’s royalist elite. He was appointed prime minister in 2008, following two years of […]

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