Dollar,
Euro – down on heat wave, drought
MARKETS PLUNGE AFTER FED'S REPORT
It
is so dry in the Midwest that the trees are bribing the dogs. So
goes the joke from the dust bowl era of the 1930s. In the past two
weeks, the US has broken a record number of heat records.
- Financial Times on today's economic picture
|
Libor-
— abbreviation for | |
London Inter-Bank Offer Rate: the standard rate of interest for loans between financial institutions |
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