High Return Investments

LIBOR

LIBOR stands for the London Interbank Offered Rate and is the rate of
interest at which banks borrow funds from other banks in the London
wholesale (or "interbank") money market.

The British Bankers Association (BBA) LIBOR rate is a widely used reference
rate for forward rate agreements, and interest rate swaps.

It is based on inter-bank deposit rates offered by designated contributor
banks. It is compiled by the BBA and released to the market at about 11:00 each day.

For a precise definition of BBA LIBOR, see the BBA website.

Investment FreshNews:

Personal Finance Daily: The week's 10 best Personal Finance stories: June 30-July 4 (Market Watch)
Sat, 05 Jul 2008 11:36:25 GMT
In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of June 30-July4:

ACC's shares in struggling finance companies (The New Zealand Herald)
Sat, 05 Jul 2008 18:23:42 GMT
The Accident Compensation Corporation is a shareholder in struggling finance companies Dominion Finance and Dorchester Finance, but the corporation says it won't be affected by their troubles.

D8 Should Seek New Sources To Finance Activities - Dipo Alam (Bernama)
Sat, 05 Jul 2008 09:44:23 GMT
KUALA LUMPUR, July 5 (Bernama) -- As monetary contributions from member states are insufficient, the Group of Eight Islamic Developing Countries (D-8) should seek new sources to finance their activities.

whose 21st century: China, India, US, Russia: global competition, finance, outsourcing law (cmi valparaíso)
Sat, 05 Jul 2008 14:12:00 GMT
Is a new global war coming? What is the next in world finance, outsourcing, labor, trade, politics, leadership? 3 global educators George Zhibin Gu, Chalmers Johnson, and Andre Gunder Frank talk about global business, economic, leadership,and political development in the next stage

FInance Board member lashes out over 'unauthorized letter' (Journal Inquirer)
Sat, 05 Jul 2008 05:59:52 GMT
"I’m very disappointed that they did this because in the long run it only seems to undermine the citizens’ confidence in the Board of Finance for them to see us roiling like this," the chairman, Robert Clements, said Wednesday.

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