Said, Nicosia Cyprus is planning money from Russia borrow next bailout requests from the European Union and the International Monetary Fund , President Demetris Christofias said on Thursday say Moscow could provide better loan terms.. Christofias, the only communist head of state in the EU tries to avoid cuts in social spending and other austerity measures are usually imposed on nations rescued.Cyprus is the fifth member of the euro zone to an international bailout needed, but none of the other recipients of aid Greece, Portugal and Spain have tried from from non-EU countries.
WSJ: Fed’s Bullard About Drop in Inflation Expectations WorriedSt. Louis Federal Reserve Bank President James Bullard said he, with a decrease in inflation expectations is concerned, but does not see deflation as probable and can still see a high bar, more quantitative easing, The Wall Street Journal reported. ‘That makes me a little worried,’Bullard told the Wall Street Journal, citing the recent declines in market-based measures of inflation expectations.
We are still waiting for their answer, but we expect a positive response, the Cypriot President said, adding that EU-IMF bailout terms could harder than demanded by Moscow.
That would be something that we have to react because we do not want deflation to be, he said.The distance between the yields on 10 – year Treasury notes and their inflation-protected counterparts fell to 1.70 % last week, the U.S.A model of present a creation from Chado Ralph Rucci Spring 2009 collection at New York Fashion Week 12th September 2008. REUTERS / Joshua Lott .
Swimmer Amanda Beard and Gymnastics Nastia Liukin Access that Badgley Mischka Spring 2009 is show in NY Fashion Week the twelfth September 2008. REUTERS / Joshua Lott .