IRISH: THE FORGOTTEN WHITE SLAVESSource: came as slaves: human cargo transported on British ships bound for the Americas. They were shipped by the hundreds of thousands and included men, wome…
What Moody's Is Watching as Malaysian Credit-Default Swaps Soar
If Malaysian Prime Minister Najib Razak wants to avoid a credit-rating downgrade, the embattled leader could start by prioritizing fiscal discipline over winning political favor in next week’s annual budget.
Video created by Columbia University for the course "Economics of Money and Banking". In the modern economy, the price of risk is determined in swap markets that distinguish specific forms of risk, most importantly interest rate swaps and credit .