KIEV, Ukraine (AP) — Ukraine's acting president on Tuesday called for the formation of a national guard and for the mobilization of reserves and volunteers into the country's armed forces to counter Russian military moves.
Bank of England Governor Mark Carney said on Tuesday he was concerned that an improvement in the housing market could lead to a worsening of mortgage underwriting standards. "Underwriting standards at present of mortgage providers are quite high...," said Carney in remarks to a committee of lawmakers. "Our concern is that those underwriting standards will deteriorate and that that deterioration itself would be fed by general improvement in the housing market." Britain's recovery to date has been driven by household spending and a revival in the property market.