The energy markets
Posted by Stan
In earlier decades oil exploration companies used to generate a lot of revenue from discovering oil reserves and operating marketing at breakeven.
Historical events in the foreign exchange market
Posted by Stan
The new agreement ruled out the possibility of converting Gold to dollars, but retained the fixing of rates between currencies.
Advantages and disadvantages of the financial system
Posted by Stan
Financial institutions are posting record growth, while credit to businesses and households has declined. After the crisis, one would expect regulators to introduce rules limiting the amount of risky trading that takes place in the shadow banking system
