The disposition of a variety of wooden fishweirs and traps dating from the last 1000 years over the lower foreshore seaward of the mid-tide cliff in the Magor Pill area suggests that the latter is retreating at a long-term rate with a maximum value of the order of 0.87 m a−1 and at short-medium term rates from the order of a few decimetres to a few metres annually.
That should cut short- to medium-term rates as well - meaning cheaper borrowing costs, hopefully, for companies and households.
Such characters borrow at low short-term rates and invest at higher medium-term rates.
The Brexit vote was unlikely to have any immediate implications for Ireland's sovereign rating, Fitch said, "but a medium-term rating impact would be possible if the economic dislocation of Brexit were to prove severe".
For example, committing to maintain zero policy rates for, say, three years implies that interest rates on securities with up to a three-year maturity should also fall to zero, given that medium term interest rates are based on expectations concerning short term rates over the next three years.
These policies did indeed reduce long and medium term interest rates on government securities and mortgage bonds.
Conclusions: despite acceptable short-term technical and clinical success, as the medium term patency rates are clearly inferior to those of bypass surgery, the kissing stent technique should be reserved for high risk patients with a limited life expectancy.
It explains: If those negotiations lead to specific policies that produce a stabilisation and then downward trend in the ratio of federal debt to GDP over the medium term, the rating will likely be affirmed and the outlook returned to stable.
"If those negotiations lead to specific policies that produce a stabilization and then downward trend in the ratio of federal debt to GDP over the medium term, the rating will likely be affirmed and the outlook returned to stable, says Moody's.
Consumer price inflation is expected to reach 2.7% by the end of the year returning to target in the medium term Unemployment rate forecast to peak at 8.1% this year and then fall for each of the next four years to reach 6.1% in 2015.
