In reducing the benchmark rate to 2.5percentt -- its second cut in three months -- the bank said it was reacting to persistent signs of weakness in Europe's major countries and to the war clouds gathering over Iraq, which have driven the euro up sharply against the United States dollar.
In reducing the benchmark rate to 2.5percentt -- its second cut in three months -- the bank said it was reacting to persistent signs of weakness in Europe's major countries and to the war clouds gathering over Iraq, which have driven the euro up sharply against the dollar.
Berlin's Der Tagesspiegel felt that Mr Campbell's strong performance was unlikely to "blow away the storm clouds gathering over Mr Blair's head".
But Mr Lee has much else to do to reclaim confidence in his leadership, and dispel the clouds gathering over the Blue House.
With war clouds gathering over Iraq, Japanese diplomats worked overtime this week to promote their nation as a superpower of peace.
And, with clouds gathering over the economic recovery, the Fed is expected to hold its benchmark rate near zero this week.
Over the years the money will accumulate.' " Despite the clouds gathering over the organization, some insiders in the FIFA family insist that it is making strides to clean house.
Black clouds gathering over head at the Oval.
There are some ominous clouds gathering over Lord's now.
Its boss, Sajid Javid, thinks Brexit "too risky", given the "storm clouds gathering over Europe".
