The Euromarkets are international money and capital markets, they are concerned with Eurocurrencies, that is, currencies traded in Europe (and elsewhe...
When a company decides it needs long-term funds by marketing stocks and bonds, it must find people to buy them. This would be very difficult were it n...
In China the stock exchange is now in general a non-profit-making legal entity with membership system. It is market which provides places for organize...
The World Bank's full name is the International Bank for Reconstruction and Development. Its function is to provide a mechanism for supplying for ...
Living with constant double——digit inflation may be something new for Americans, but across the Atlantic many Europeans are used to it. Ho...
Do You Put Your Paycheck in the Bank?Many people have two accounts in a bank: a savings account and a checking account. When people deposit money in a...
The Credit Card Economy——Money Transactions of the futureCredit cards are big business. Americans spend $16 billion a year on cards and th...
Installment Buying in the U.S.Estimates indicate that more than 60 percent of the yearly retail sales in the U.S. are credit transactions. About three...
In big cities, Americans do their grocery shopping at large supermarkets. They usually shop once or twice a week, and when they go through the check-o...
In 1959 the average American family paid $989 for a year’s supply of food. In 1972 the family paid $1311.That was a price increase of nearly one...