the Federal Reserve is the central bank of the United States .its unique structure includes
1.a federal government agency ,the board of governors ,in Washingto D. C ,and
2. 12regional reserve bank
the definition of an interest rate can be found in The Economic's dictionary of Economics.in part they define "rate of interest "as follow :
the proportion of a sum of money that is paid over a specified period of time in payment for its loan. it is the price a borrower has to pay to enjoy the use of cash which he does not own .and the return a lender enjoys for deffering his comsumption or parting with liquidity .
Tight Monetary Policy:
a course of action undertaken by the federal reserve to constrict spending in an economy that is seen to be growing too quickly,or to curb inflation when it is rising too fast.The Federal will "make monetary tight "by raising short-term interest rates (also known as the Fed funds ,or discount rate ),which increase the borrowing and effectively reduces its attractive ness .
Energy Saving Trust --EST short for --based in the UK, leads in the field of delivering energy efficiency to domestic ,business ,local government and trade sectors.
EST is a non-profit organization ,funded both by the government and the private sector .it's aim is to cut emissions of carbon dioxide (CO2) by promoting the sustainable and efficient use of energy.
If you want to do your bit for the environment, getting public transport and
leaving the car at home is one of the most straightforward things to do.
for example the following note is a trafficorder by the traffic control office :
Notice is hereby given that the council of the city of Salford propose to make an order under Sections 1 and 2 of the Road Traffic Regulation Act 1984.
When the order comes into effect vehicular traffic will be permitted to travel along the length of road specified in the schedule below only in the direction specified in the schedule below.
A copy of the proposed order together with a plan of the area and a statement of the council's reasons for proposing to make the order may be examined at the Legal Section, First Floor, Salford Civic Centre, Chorley Road, Swinton, Salford, M27 5DA, between 8.30 a.m. and 4.30 p.m. Mondays to Fridays inclusive.
Details can be viewed online at www.salford.gov.uk/trafficorders.
If you wish to object to the proposed order you should send the grounds of your objection in writing to the City Solicitor, Civic Centre, Chorley Road, Swinton, Salford, M27 5DA by the 19 July 2007 (quoting reference H/LH/SM/PD/RTO/2754)
Schedule
Introduction of one-way traffic system
Clovelly Road - traffic will be restricted to travelling in a northerly direction from its junction with Worsley Road to its junction with Moorfield Road.
Moorfield Road - traffic will be restricted to travelling in an easterly direction from its junction with Clovelly Road to its junction with Moorside Road.
28 June 2007
Barbara Spicer
Chief Executive
Salford Civic Centre
Chorley Road
Swinton
Salford
M27 5DA.
season tickets
advance booked tickets
no congestion charges
car insurance and tax costs
plus eradicates the expense of maintaining your car