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One reason the ECB could lend liberally was because it accepts a wide range of collateral, including corporate and asset-backed bonds.Special report Only human CSI: credit crunch Heroes of the zeroes Talk is expensive Fast and loose Assets and their liabilities On credit watch Smash the glass Amid the gloom Expect a lot... Sources ReprintsOffering less pukka security is not costless.
Just suppose another fight were needed: would the world have the stomach for it?Special report Only human CSI: credit crunch Heroes of the zeroes Talk is expensive Fast and loose Assets and their liabilities On credit watch Smash the glass Amid the gloom Expect a lot... Sources ReprintsDuring the credit crunch Mr Bernanke at the Fed came under huge political pressure to cut interest rates.
In a cable to the embassy in Sofia last June, five months before Clinton hosted Bulgaria's foreign minister in Washington, the first request was about government corruption and the links between organised crime groups and "government and foreign entities, drug and human trafficking, credit card fraud, and computer-related crimes, including child pornography".
Risk – market, human capital, credit crises, is business.
In creating this huge legal economic area, we have also created a huge illegal economic area and it is now possible to operate on a large scale throughout the whole of Europe for the purposes of smuggling, trafficking in human beings, credit card fraud, drug trafficking, prostitution and every other possible form of serious crime.
And so the human brain credits the promotions of these men to meritocracy when, really, it's just pure dumb luck.
How do humans claim credit (in part, to be promoted) for positive business outcomes when the key decisions were generated by something vaguely referred to as "artificial intelligence"?
But I give humans more credit than to think we will be helpless spectators in the face of monumental progress.
And humans have credit cards, which means the market was riper than a black mushy avocado for an avocado slicer.
According to Europol, Bulgarian criminal networks were active in 15 E.U. member states, specializing in human trafficking and credit card fraud.
Human rights groups credit the church with putting pressure on President Jose Eduardo dos Santos to issue a recent amnesty for rebel soldiers, and some suggest that the bishops are peace brokers in the making.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com