Banks will now have to have $7 in their valuts for every $100 in customer's accounts.
The current ratio is only 2%.
This new rule is still to be ratified by G20 members.
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Selection of news stories relevant to the Intermediate 2, Higher and Advanced Higher Economics courses at SMC.
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2010
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September
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- The Economics of Water Shortages
- MPC Member Call for Further QE
- New EU Sanctions to Punish Deficit Rebels
- The IMF Supports the UK's Fiscal Austerity Plans
- Consumers told to Spend, Spend, Spend!
- Gordon Brown: The US and the UK must coordinate ec...
- The Road to Recovery 2010
- Hysteresis in the US Economy
- The LITMUS Test
- Is Vince Cable a Cryto-Marxist?
- BoE May Extend QE
- Background Reading for Oxbridge Applicants
- Target 2.0
- Ireland Bond Sales Goes Ahead Despite Concerns
- Which Sectors are Fuelling Growth in the UK Economy?
- Britain Keeps AAA Rating
- Mapping Out The Recession
- Bulls, Bears -and the Double-dip Recession
- Good as Gold
- China Leads the Way Economically...
- What Should People Get Paid
- The Bottom Billion
- Eurozone Growth Figures Revised Upwards
- Royal Mail to be Privatised
- Global Bankers Agree New 7% Capital Reserve Rules
- Essay Competition
- OECD Cautious over Cuts as Global Slowdown Continues
- Robert Chote Called in to Restore the Office for B...
- The Importance of Labour market Flexibility
- New Bank Cash Ratio 'to be Set at 7%'
- Uk Interest Rates Remain at a Record Low for 18th ...
- What Do Investment Banks Do?
- China May Yet Be Able to Create Another Economics ...
- No Defences Left Against Double-Dip Recession????
- Further Threat of a Double-Dip Recession
- Minimum Pricing of Alcohol
- 1% Growth in the Eurozone
- Wheat Pushes World Prices Up
- PPE - Politics, Philosopy & Economics
- How Big is the Chinese Economy?
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September
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