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Trade Credit and Bank Credit : Impact of Macroeconomic Policy Interventions

The paper develops an empirical model to test the substitution of trade credit for bank credit using the annual financial data of 1,028 Indian manufacturing firms from 2011 to 2019. It further examines the impact of macroeconomic policy interventions on using these two financing sources. ....

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Three Bank of England chiefs who hold key to interest rate rise

Sir Jon Cunliffe, Sir Dave Ramsden and Ben Broadbent - are set to hold the balance of power on the nine-person panel that sets rates. ....

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Dogecoin's record-breaking rise shoots 'joke' cryptocurrency to wider attention

Analysts say Elon Musk’s turn as host of Saturday Night Live will raise its profile yet further ....

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Dogecoin's record-breaking rise shoots the cryptocurrency to wider attention

Dogecoin’s record-breaking rise shoots the cryptocurrency to wider attention
Richard Partington economics correspondent
© Provided by The Guardian
Photograph: Getty Images
It is perhaps the ultimate symbol of late capitalism; a digital currency that started as a joke, now worth more than the Ford motor company, BP or Tesco.
Riding a wave of speculative interest despite Covid-19 triggering the worst global recession since the 1930s great depression, Dogecoin has been a huge hit with amateur investors. It is a cryptocurrency based on an internet meme – a humorous online phrase or photo, which on this occasion is a dog – and has shot to wider attention with a record-breaking rise in value in recent weeks. ....

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CNBC Worldwide Exchange February 22, 2012

a spike in energy crisis put a dampener on things. and dell taking a dive. shares dive sharply as profits are hurt by supply issues due to the thai floods and weakness in demand. welcome to today s program. we ll be joined by jackie a little bit later. pmi for february, 49.4. weaker, 55.4. forecasted down. manufacturing pmi, weaker than the 49.5 forecast. it was 48.8 in january. the output price s index, 48.3 for services, the lowest since july 120u. the output index for manufacturing, 50.4, consistent with january s number. so the composite, that all adds up to the composite figure of pmi, weaker than the forecast in january and the composite employment index, 49.5, 49.4. joining me now chris williamson who helps, of course, to compile t the pmi. dandd and chris, welcome to you both. we ve had the individual numbers out this morning. where s the disappointment. who s dragged the down from what we were expecting? i think they ve all come down a bit. germany s come ....

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