And Egypt is the same -- it deserves its discount".
From a traditional investment viewpoint, volatility reduces project value because it increases its discount rate via a higher risk premium.
[A1.] Priceline Set to Offer Cheaper Gas Priceline.com said it will extend its discount price system to gasoline.
It also opened its discount window to investment banks, the first time since the Depression that non-banks had borrowed from that window.
Over the weekend, it effectively opened its discount window, where deposit banks are allowed to borrow directly from it, to Wall Street broker-dealers.
In Las Vegas, it has been ramping up its discount offers at its six shows.
British Airways said it planned to sell Go, its discount airline subsidiary, and announced sharply higher profits.
The Fed will also have to disclose loans it makes to banks through its discount window.
If any further action is needed, it's possible the Federal Reserve could open its discount window to the mortgage buyers.
The Fed also slashed the rate it charges banks to borrow directly from its discount window, to 4%.
The Federal Reserve can open its discount window to European banks or, as it has already done, it can use foreign exchange lines.
