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That should limit the impact of the rate rise on the manufacturing sector, which normally borrows cash for longer periods of time, while taking some steam out of consumer spending.
BBC: NEWS | Business | India raises rates on price fears
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In December a three-day strike led to hundreds of children on the island taking the steam train to school.
BBC: Isle of Man buses
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There is a strong sense that, taking advantage of an administration rapidly running out of steam, the Europeans got what they came for.
FORBES: Magazine Article
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Buyers of retail property have been taking advantage of debt financing available from the sale of commercial mortgage-backed securities, a market that has been gathering steam.
WSJ: Starwood Capital Goes Shopping for Malls