ICIS Blogs : bank for international setlements

Interesting quotes (5)

Chemicals & The Economy — Mon, 09 Jun 2008 13:14:29 GMT

Every now and then , a few interesting quotes come along, which seem to recent summarise developments, and set the tone for the next few months. The last few days is a good example of this process at work: 'The era of cheap energy is over, as oil...(read more)

Interest rates to rise by the end of May

Chemicals & The Economy — Wed, 14 May 2008 10:43:37 GMT

Headline interest rates are set by central banks. But the ones that we actually pay, as consumers or companies, are set by the banks themselves. And most of these are based on LIBOR - the London Inter-Bank Offer Rate - which is the main benchmark for...(read more)