Submitted by Chris at Capitalist Exploits blog,
This is the first part of a series of articles (I don't know how many, I'm not done yet) designed to explain what is easily THE most important, albeit poorly understood (even by professionals) market on this ball of dirt.
Eurodollars: What Are They?
To best explain what Eurodollars are we start with the English language.
Update 3: The campaign manger of the Hofer campaign has conceded the presidential election.
#BREAKING 'Sad' Austrian far-right candidate congratulates election winner
— AFP news agency (@AFP) December 4, 2016
#BREAKING Austria far-right concedes defeat in presidential race
Via GEFIRA,
NGOs are smuggling immigrants into Europe on an industrial scale
By Chris at www.CapitalistExploits.at
This is the first part of a series of articles (I don't know how many, I'm not done yet) designed to explain what is easily THE most important, albeit poorly understood (even by professionals) market on this ball of dirt.
Eurodollars: What Are They?
To best explain what Eurodollars are we start with the English language.
Forget the "impossible trinity" - Turkey is facing a just as impossible dilemma where it is trying to juggle two things at the same time: attempts to lower interest rates while supporting its currency, and predictably it is failing.
On Friday, the Turkish Lira crashed to record lows, plunging as much as 3.60 against the dollar when Turkish president Erdogan urged banks to lower interest rates because in order to stimulate investment in the economy "there is no other remedy".