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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
WASHINGTON (MarketWatch)
Foreign banks tapped the Federal Reserve's dollar-swap facility for $54 billion worth of loans in the week ending Dec. 14, the Federal Reserve said Thursday.
That's considerably up from the $2.3 billion borrowed in the week ending Dec. 7.
Last month, the Fed made it cheaper for foreign banks to borrow from the Fed through their own central banks.
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