Tag Archives: financial

Rockefeller Chase Manhattan Bank

The trap was borrowed in large banks in New York and London petrodollars 'recycling'. These 'eurodollar' banks provide dollar loans to desperate Third World countries initially on a "floating rates" tied to the London rate of LIBOR. When the LIBOR rate rose during the month by about 300% as a result of the Volcker shock […]

Southern Europe

Greece – one of the most hospitable countries in Southern Europe. It rightly called the pearl resting in a sink Ionian and Aegean seas. Country's cultural heritage and its unique natural resources of interest many tourists, which, if they do not remain there forever, then store in the heart of the memory of the azure […]

Clearing House

The latter circumstance through evolution led to the development of standard exchange contracts with delivery goods on time and their treatment as independent objects of exchange trade. The main reason and the need for the development of futures trading is that the latter provides the lifting of those restrictions that have trade directly exchange goods. […]