Mr Wechlin said that besides pure convenience, the system also significantly increases the time the bus can remain in operation as it does not need togotothe depot every few hours for recharging and there is no need toswap batteries.
They would then have the capacity togo and buy all of the sickly sovereign bonds that the banks are sitting on and swap them for bonds they themselves will issue.
The first go at co-operation, the Chiang Mai Initiative of 2000, was to expand and formalise a network of bilateral swap agreements between central banks, under which they promised to provide each other with liquidity.