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In the short term, finance, health care and housing provide jobs, as their lobbyists are quick to point out.
Lack of access to long-term credit for small enterprises forces them to rely on high cost short term finance.
To achieve this, the US will have to agree to be bound itself and to put its 2030 mitigation target and some commitment to medium term finance on the table.
Similar(57)
But this short-term finance often supports long-term projects, creating a dangerous maturity mismatch.
Freddie Mac was able to raise $3 billion in short-term finance on July 14th.
GFH expects other investors to join, providing Leeds with "sound long-term finance", said the club.
He needs to import the German model of long-term finance.
Banks increased their lending to provide short-term finance for companies suddenly deprived of access to the commercial-paper market.
The new complication is that bank deposits are no longer the dominant form of modern short-term finance.
The markup for longer-term finance agreements and for used vehicles could be no more than two percentage points.
This is what is known in the trade as capital expenditure, an investment for which long-term finance is required.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com