To be clear, I am not suggesting that any fund breaking the buck will cause a destabilizing run on other money market funds it is possible that an individual fund could have a credit event that is specific to it and not trigger a broad run only that policymakers should recognize that the risk of a destabilizing run remains.
If margin rule changes for a minor commodity can trigger a general price run, imagine what would happen if a series of broad based rule changes were implemented.
This decision has the potential to trigger a full-scale bank run across the euro area and such an outcome could place in question the continued existence of the euro as a common currency.
The portable programmer, which plugs into the DC port under the locks, can also open any door, even providing power through that port to trigger the mechanism of a door lock in which the battery has run out.
Contractors BAM Nuttall will run buses between Cambridge and St Ives to ensure the sensors, that trigger the traffic lights to give buses priority, work.