Getting the point

Article Abstract:

British interest rates have been raised by 0.25% to 5.25% in Sep 1999 and this is linked to concern about the impact of house price rises, as well as other factors such as strong consumption, the tightness of the labor market, and global demand. The retail price index does not measure house price inflation, but spending on furniture, carpets and paint increases when house purchases rise. There are memories of problems created by the 1980s house price boom, and there is more concern about asset price inflation in Britain than in the US.

Interest Rates, United Kingdom, Economic policy, Real estate industry

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Primary problems: investment in Africa

Article Abstract:

Investment in African nations is promoted by the International Finance Corp, but many of the nations have little to offer investors. The mining industry is strong, as are exports of fish and vegetables. Mozambique is one of several countries whose economies are becoming prosperous.

International Affairs, Intnl Finance Organizatn, Banking industry, Analysis, Foreign investments, Economic aspects, Investments, Bank investments, Africa, International Finance Corp.

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