Portuguese Minister of Finance admits nationalization of TAP
The Minister of Finance, Mário Centeno, today admitted the nationalization of the air carrier TAP as a possibility to make the company viable, refusing to discard options for recovery of the economy following
Financial Education 101
Fractional Reserve Banking: When you deposit $100 in your bank, your local bank is allowed to lend up to $1,200 in loans tied to that $100. For example, let's say the bank pays you 5 percent interest per