Word: bankes
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Well, it was great fun to win it, and my bank manager was deeply relieved. It hasn’t affected my work. One would be a very poor writer indeed if winning a prize influenced one’s writing...
...monetary policy is controlled by the European Central Bank, and most of the member countries have joined the “Eurozone,” the term for the monetary area in which the Euro is used. Thus, one central bank controls the supply of money for the EU, and individual countries do not have control over inflation targeting, interest rates, and other monetary issues. Yet at the same time, each country is in control of how much its central government spends and the solvency of its financial system, so Germany independently controls its expenditures and tax receipts, and Greece...
Basic macroeconomics teaches that fiscal and monetary policy are related; therefore, governments and central banks must sometimes be able to take wide-ranging action on both during crises. As George Soros wrote in the Financial Times on Monday, “When the financial system is in danger of collapsing, the central bank can provide liquidity, but only a Treasury can deal with problems of solvency.” Europe is now experiencing an unfortunate situation where member countries can create unsustainable deficits or be home to failing financial systems and for this reason place the entire economic system...
...working hard. In fact, we have met every one of the obligations that we were assigned by the road map," says Mahmoud Abbas, the Palestinian President, referring to the peace process instituted by George W. Bush. Many Israelis, including members of the Netanyahu government, privately agree that the West Bank Palestinians, who had famously kicked away every good chance for peace they were offered, have finally gotten their act together. There has been no significant violence directed at Israel from the West Bank. Even the Hamas-controlled border with Gaza has been quiet. "On the other hand, what have...
That is a very good question. Abbas and Fayyad plan to have all the components of a functioning Palestinian state in place in the West Bank by the summer of 2011. At that point, a different question arises - not just for Israel but for the U.S.: What obstacles are there to recognizing a legitimate state of Palestine? What excuses do we have left...