By David McHugh, Huffington Post – July 5, 2012
FRANKFURT, Germany — The European Central Bank cut its benchmark interest rate to a record low Thursday to spark economic growth but gave little sign it would take further action soon to ease Europe’s financial crisis.
By cutting its key refinancing rate by a quarter percentage point to 0.75, a move that was widely expected, the ECB sought to give Europe’s sagging economy a lift by making it cheaper for businesses and consumers to borrow.
Financial markets were underwhelmed, though, and even ECB President Mario Draghi conceded during a press conference that the impact of the rate cut could be “muted” given the low demand for credit in the slow economy.… Read the rest »
30 April 2012
Greetings from the Galactic Federation of Light,
The day May of 5th is the day of five, the number of Epsilon, of Apollo, of Light. In this day all portals all over Earth will be officially activated and the procedure has been locked in place. No matter if they are free or occupied(1), on this day all portals will go under the control of the [Inter] Galactic Federation of Light(2), under control of the Olympians and this includes all flight systems of this Galaxy.
We have already warned you that Olympus is active. The hyper weapon, this energy umbrella of high technology, has been activated and protects your consciousness and your emotions from the dark efforts to create fear.… Read the rest »
By John Ward http://hat4uk.wordpress.com/2012/03/22/eurozone-unravelling-blue-skies-in-the-media-rain-heading-for-spain/ ‘U.S. money-market funds sharply increased the amount of euro-zone bank debt they held last month, according to Fitch Ratings, a sign they believe the worst of the debt troubles are over.’ (WSJ) ‘The European Central Bank is falling behind on a €40bn asset purchase programme launched at the height of eurozone [...]… Read the rest »