Saturday 19 May 2012
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I2CREDIT Nº 17

Keeping afloat

Keeping afloatThe euro-area bail-out could be the biggest yet(...)

Por: The Economist online
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SOME of the loans the IMF has made during this crisis have been among the largest in its history. Its extension of a precautionary line of credit to Mexico last year was its biggest commitment in absolute terms. But as a multiple of a country’s “quota” in the fund (the maximum amount that a member state is obliged to put into the IMF’s kitty), the fund’s contribution to Greece's bail-out is the biggest ever. The IMF is now supposed to fork out half of what the European Union makes available as part of a stabilisation fund for the euro area. If that fund were to be activated in its entirety, the IMF’s contribution would come to €250 billion, or 214 billion SDRs (the IMF’s unit of account). That would exceed the combined size of the ten biggest loans it has ever made, which together involved a commitment of SDR 194.2 billion.

 

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I2CREDIT Nº 17

Credit Card Limits for Youth Can Be Opportunity for Parents

Credit Card Limits for Youth Can Be Opportunity for ParentsIf you’re having trouble figuring out how to raise financially responsible children, you’ll be thrilled with this news: Congress is stepping in to help you set some limits(...)

Por: Ron Lieber The New York Times

A Virtuous Cycle: How Managers Can Take the Lead in Building Trust at Work

A Virtuous Cycle: How Managers Can Take the Lead in Building Trust at WorkAt a time when business revenues are declining and corporate staffs are being dramatically cut in many countries, it is important to curb the growth of distrustful work environments that can affect the bottom line. Understanding how to build and communicate trust to employees is crucial for managers, say IESE professors Pablo Cardona and Helen Wilkinson in a recent study titled, “How to Create a Virtuous Cycle of Trust.”(...)

Por: Wharton Universia Knowledge

Quick Stress Check on Credit Markets

Quick Stress Check on Credit MarketsMarkets suggest worries over the European debt situation are starting to ease a bit more(...)

Por: Matt Phillips Tha Wall Street Journal

Everywhere and nowhere

Everywhere and nowhereSince the creation of the railways, the desirable lifestyle has been in constant motion, always expanding and demanding that everything – goods and people – move and be moved. It may only have been a phase in human history(...)

Por: Helmut Holzapfel Le Monde Diplomatique
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