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The Wall Street Journal Prime Rate (WSJ Prime Rate) is a measure of the U.S. prime rate, defined by The Wall Street Journal (WSJ) as "the base rate on corporate loans posted by at least 70% of the 10 largest U.S. banks". It is not the "best" rate offered by banks.
Live Aid was a multi-venue benefit concert and music-based fundraising initiative held on Saturday, 13 July 1985. The original event was organised by Bob Geldof and Midge Ure to raise further funds for relief of the 1983–1985 famine in Ethiopia, a movement that started with the release of the successful charity single "Do They Know It's Christmas?" in December 1984.
Interest rate swaps based on short Libor rates traded on the interbank market for maturities up to 50 years. In the swap market, a "five-year Libor" rate referred to the five-year swap rate, where the floating leg of the swap referenced the three- or six-month Libor (this can be expressed more precisely as for example "5-year rate vs 6-month ...
On this day in 1985, a worldwide rock concert dubbed 'Live Aid' was organized to raise money for the relief of famine-stricken Africans at Wembley Stadium in London. According to History.com, the ...
Just For One Day is a jukebox musical with a book by John O'Farrell.Told through a modern-day perspective, Just For One Day retells the events leading up to Live Aid, the 1985 benefit concert organized by Bob Geldof and Midge Ure to raise awareness and funds for the famine in Ethiopia.
Enraged by the British government charging the standard 15% sales tax on tickets for Live Aid, Bob Geldof (Craige Els) bullies his way into a meeting with Prime Minister Margaret Thatcher (sparky ...
These are the Billboard Hot 100 number-one hits of 1985. The two longest running number-one singles of 1985 are "We Are the World" by USA for Africa and "Say You, Say Me" by Lionel Richie which each logged four weeks at number-one. "Say You, Say Me" logged two weeks at number-one in 1985 and two more additional weeks in 1986, reaching a total ...
The London Interbank Bid Rate (LIBID) is a bid rate; the rate bid by banks on Eurocurrency deposits (i.e., the rate at which a bank is willing to borrow from other banks). It is the "other end" of the LIBOR (an offered, hence "ask" rate, the rate at which a bank will lend).
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