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by Stanislava Pravdova Danske Bank A/S At today’s monetary policy setting meeting the Czech central bank decided to leave its key policy rate unchanged at 1.50%. Details The Czech central bank (CNB) surprised markets at its monetary policy setting meeting today when it decided to maintain its key policy rate at 1.50% even though most market participants had expected a further 25bp rate cut. We thought the CNB would leave interest rates on hold. Market reaction: EUR/CZK is marginally higher while 2y yields increased approximately 10bp as a 25bp cut had been expected. Assessment & Outlook In our view, the CNB left interest rates unchanged today because it had cut its key policy rate last month, and (probably fairly... [read full story]
Washington Post Staff Writer Thursday, November 26, 2009 If ever there were a candidate for genetic engineering, surely it is the pale, flavor-challenged bird that will adorn millions of American dinner tables Thursday as a...
Source: The Energy Report; interviewed by Karen Roche, Publisher 11/25/2009 http://www.theenergyreport.com/pub/na_u/1222 Wherever you look, you can see evidence of growing momentum in the green energy movement. With interest in...
Laurie Cunningham, GlobalPost If you tend to pack on a few pounds over the holidays, blame it on globalization. The World Health Organization defines "overweight" as an individual with a BMI of 25 or more and "obese" as someone...
Prague, Nov 24 (CTK) - Czech health care will lack billions of crowns in 2011 unless a health reform is introduced, Pavel Horak, head of the VZP major health insurance company, told yesterday's daily Hospodarske noviny. Without...
