Friday, October 10, 2008

random points

  • recommendations by world's economists on how to stem the current financial tsunami =
    cut interest rates, recapitalize the banks and insure deposits; get governments to step in and guarantee short-term interbank lending (Time magazine)
  • G-7 = meeting of financial ministers of 7 highly industrial nations namely France, Germany, Italy, Japan, United Kingdom, USA and Canada
  • G-8 = annual meeting of the heads of the governments of G-7 nations, including Russia
  • BSP = lender of last resort (Philippines)
  • IMF = world's lender of last resort
  • net satisfaction rating = satisfaction rating - dissatisfaction rating
  • net trust rating = trust rating - distrust rating
at

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