The Central Bank should have a permanent window for discounting high quality securities where banks could go and discount these. It gives peace of mind to the banks. In the absence of this facility, what banks tend to do is to keep a liquidity cushion for emergency requirements. This is a very expensive way of managing liquidity.
One does not have to agree with his views to be intrigued by the possibilities opened up by Prime Minister Narendra Modi's emergence as communicator/harangue-master in chief.
Coinbase is 'the' brand in the Bitcoin space. Their founder Brian Armstrong was amongst the first good entrepreneurs to emerge in this space. While others championed ideological or underground/illicit interests, Brian saw an opportunity to change the world for the better and build a big business out of it.
I've been through a lot of different situations, and the key thing I've learned is: Don't panic. That's the advice I give people. If anaphylaxis occurs, just do the necessary things. If it's your first time, call and seek emergency assistance and find out exactly what's happening. Get help.
The uniqueness of the United States in human history is the United States is the first global power in human history which emerged far away from Africa or Asia, which is the main land of human history.
Hurricanes Harvey, Irma, and Maria each caused billions of dollars in damage, claimed the lives of many Americans, and disrupted millions more. They also reminded us how important communications networks can be during emergencies - and that the FCC has a role to play in helping keep people safe.
Our world faces a true planetary emergency. I know the phrase sounds shrill, and I know it's a challenge to the moral imagination.
Like myself, President Obama is the father of two daughters. He understands the obstacles that they face as women, but he also understands the emergency of the state of young black men in America.
The majority of them give the impression of being men who have been drafted into the job during a period of martial law and are only waiting for the end of the emergency to get back to a really congenial occupation such as slum demolition or debt collecting.
I was a student in London in the '70s, so CBGB really wasn't on my radar at all. Obviously, I was aware of the emergence of the Police in England and as an art student, I was very aware of David Byrne, but I suppose my musical taste at that time certainly didn't stretch towards the Dead Boys or the Ramones.
