Tag archive for ‘London Uk’
ECB Worried about Liquidity Crisis
London, UK (FT.com): The European Central Bank on Thursday voiced its “high concern” at growing evidence that banks are exploiting its efforts to unblock the frozen funding markets by using its liquidity scheme to offload more risky assets than it envisaged.
Yves Mersch, a governing council member, said the ECB was now “looking very hard at [...]
UK says “significant proportion” of Iraqi insurgent weapons come from Iran
London, UK (Associated Press): A significant proportion of the weapons used by insurgents in Iraq comes either from or through Iran, Britain said Monday.
British troops supporting Iraqi border forces have seized large amounts of weapons traced back to Iran, Defense Secretary Des Browne told lawmakers.
“There is evidence to suggest a significant proportion of the equipment [...]
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