Posts Tagged ‘end of crisis’
Credit Crunch has Ended?!
Sunday, May 24, 2009 9:04 No CommentsEconomists called the end of the credit crunch this week as the short-term interest rate that banks charge to borrow from each other fell to a record low on dollar, euro and pound-denominated loans.
The continuing decline in the London interbank offered rate signalled a return to normality for the credit markets for the first time [...]
Worst of the Recession May End
Tuesday, May 12, 2009 14:02 No CommentsAfter influential organisations and investors announced that there were clear signs of economic recovery, hopes are mouting that the worst of the recession is over.
The organisation for Economic Co-operation and Development said there were indications that UK was experiencing a pause in the economic slowdown. There are signs that the worst of the global recession [...]


