Tag: Dolar
Switzerland Feels Iceland’s Pain With Banks Teetering
By James G. Neuger, Joshua Gallu and Simone Meier
Dec. 1 (Bloomberg) — An isolated European country with an economy geared toward finance and winter sports is no longer a monetary bastion as credit evaporates around the globe. Banks teeter, the once-impregnable currency depreciates and a proudly independent people question whether a centuries-old go-it-alone strategy can [...]
Posted: December 2nd, 2008 under News.
Tags: credit, Dolar, Finance, Financial crisis, Franc, global economic, IMF, Monetary, Nasdaq, Switzerland, UBS
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