exchange rate. Therefore, the risks of occurring debt in a hard or stable currency at a lower interest rate are realized when an economy suffers a rapid devaluation of the local currency, inflation and/or a contraction of economic growth. The resulting economic damages to the borrowing entity are normally defaulting or renegotiating loans made in the stable currency or the bankruptcy of the business or venture associated with the borrowing entity. In addition to the above and perhaps most, importantly, because of the above described “devaluation risk of the exchange rate”, financial institutions in the United States and other developed countries do not want to finance, through loans, numerous commercial ventures in countries characterized by high interest rates for local currency loans. As a result lending institutions inA Week in December, the latest novel from Devil May Care author Sebastian Faulks, has debuted in paperback this month in the UK.

Originally published late last year in the UK and this past March in the UK, this new book is the first contemporary novel written by Faulks. Besides his 2008 Ian Fleming centenary James Bond adventure, some of his other works include Birdsong, Human Traces and Engelby.

This new paperback edition is published by Hutchinson and retails for £12.99.

The official publication blurb follows:

Sebastian Faulks’ A Week in December

A Week in December is Sebastian Faulks’ first wholly contemporary novel. Set in London, it’s a brilliant social satire, structured like a thriller, that takes place over the course of a single week at the end of 2007.

It brings together an