Anyone for snakes and ladders?

Article Abstract:

European leaders are discussing realigning the exchange rate system for Europe because the recent doubts over the Maastricht treaty on monetary union have caused further drops in the currency of nations other than Germany. Devaluation, interest rates, and other economic issues tied to exchange rates are analysed.

Europe, Laws, regulations and rules, Economic policy, European Union, Monetary unions, Foreign exchange market, European Community

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A comedy of errors

Article Abstract:

Lending institutions throughout the world made a number of unwise investment and loan decisions. A more realistic attitude toward pricing and a better assessment of risk seems to be the trend in the 1990s. The activities of several banks are profiled.

Banking industry, Analysis, International aspects, Risk management

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