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  • The impact of banking crises

    The blog has been searching the websites of the major central banks, such as the IMF, World Bank, Federal Reserve and Bank of England, for research on the history of credit crises. Several readers, including Paul Noble of Parsons Brinckerhoff, have also kindly forwarded helpful studies. The most comprehensive...
    Posted to ICIS Blogs (Weblog) by Anonymous on 12-28-2008
  • Europe, N America, China cut interest rates

    The blog welcomes the co-ordinated action by central banks, including the US Federal Reserve, European Central Bank, and the Banks of England and China, in cutting interest rates . Anything that suggests policymakers are starting to get their act together is good news. But the cut seems to be more gesture...
    Posted to ICIS Blogs (Weblog) by Anonymous on 10-08-2008
  • Interesting Quotes (3)

    Back in August, as the credit crisis began, I tried to capture the heart of the issues it raised in a few quotes . Many people now believe that it is coming to an end . I am not so sure, and fear it may, in fact, be simply moving from Wall Street to Main Street. If it does, the following quotes may provide...
    Posted to ICIS Blogs (Weblog) by Anonymous on 05-01-2008
  • UK banks follow US lead in tightening credit

    The Bank of England’s quarterly survey of corporate credit conditions , published today, shows that companies are finding it harder to get credit, and that rates are rising. This is in spite of the massive liquidity injections made by the Bank over the past 6 months, and its 0.5% interest rate cut. The...
    Posted to ICIS Blogs (Weblog) by Anonymous on 02-13-2008
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