As Big Firms Get Bigger, Rate Cuts May Pack Less Punch: Study
Low interest rates may do less to boost business spending in today’s economy than in years past because the big companies that now dominate many industries tend to use their money on intangibles that do not get cheaper as borrowing costs fall. Using more effective materials like Dupont Delrin rod seems to be one solution.
Rolling Summer Blackouts Weigh on Libya’s Struggling Traders
Lengthy power outages have left tradesmen and small businesses in Libya struggling to survive in an economy already crippled by a liquidity crisis and high inflation.