After weeks of financial turmoil on the markets, the governments of the industrialised countries have finally found an effective measure to restore confidence in the financial system, or at least it seems with stockmarkets around the world rising again. The latest measures focus on improving the liquidity position of the banks which can't borrow money on the frozen short-term money-markets and garantueeing the survival of all banks by government participation and garantuee all new bank debts. But is this really the end of weeks of uncertainty in the financial, 2 major weaknesses still remain and will these new measures be effective enough to restore the confidence on the financial markets or will the next setback cause another plummet of shares?
Tim Van Coningsloo
http://www.economist.com/finance/displaystory.cfm?story_id=12408936
1 opmerking:
After weeks of financial turmoil on the markets, the governments of the industrialised countries have finally found an effective measure to restore confidence in the financial system, or at least it seems [add a comma here] with stockmarkets around the world rising again. The latest measures focus on improving the liquidity position of the banks which can't borrow money on the frozen short-term money-markets and garantueeing [spelling] the survival of all banks by government participation and garantuee [spelling] all new bank debts. But is this really the end of weeks of uncertainty in the financial, 2 major weaknesses still remain and will these new measures be effective enough to restore the confidence on the financial markets or will the next setback cause another plummet [better: plummeting/crash] of shares?
Good flow, concise story. Mind spelling and punctuation.
olaf
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