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Europe faces economic slowdown
The International Monetary Fund (IMF) has warned that Europe will find it difficult to avoid a sharp economic slowdown, as it is hit by the tech sector collapse, weak consumer demand and the aftermath of the terrorist attacks in the USA.
IMF warns on global economy
IMF REPORT - The International Monetary Fund has forecast a sharper slowdown in the world economy, following the terrorist attacks in the United States.
IMF World Economic Outlook - Released 26 September
REPORT - The International Monetary Fund (IMF) has published its twice yearly World Economic Outlook. The World Economic Outlook presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups …
Speech by Jarle Bergo, Dep Governor Norges Bank
SPEECH - Speech by Jarle Bergo, Deputy Governor of Norges Bank, the central bank of Norway at the General Meeting of ACI Norge on 31 August.
Speech by Svein Gjedrem, Governor of Norges Bank
SPEECH - Speech by Svein Gjedrem, Governor of Norges Bank the central bank of Norway at a meeting of Sparebanken Nord-Norge, Troms, 25 September.
Speech by Christopher Allsopp of Bank of England
SPEECH - Speech by Christopher Allsopp, Member of the Monetary Policy Committee of the Bank of England, delivered in the Scott Policy Seminar Series of the Northern Ireland Economic Research Centre (NIERC), 19 September.
ECB puts yen under pressure
EUROPE - The European Central Bank (ECB) has intervened in the foreign exchange markets, buying euros and selling yen, in an attempt to weaken the Japanese currency.
G7 respond to Bush's call to freeze accounts
US - Washington's G7 partners have begun to respond to President George Bush's call yesterday to freeze financial accounts of a list of suspected terrorist organisations and individuals linked to them.
Pakistan's exchanges re-open
PAKISTAN - Pakistan's stock markets fell steeply when they resumed trading on Monday 24 September after being closed for a week.
Concerns over euro increasing, says poll
EUROPE - Readiness for the advent of euro notes and coins is increasing across the eurozone, but so are concerns about the new currency, according to a survey published by the European Commission yesterday Monday 24 September.
IMF shrugs off recession fears
US - The IMF has said it does not expect the global economy to fall into recession as a result of the impact of the terrorist attacks on the United States.
Britain marginalised by failure to join euro
UK - The global economic response to the terrorist attacks in the US showed Britain has been marginalised by its failure to join the euro, the UK Liberal Democrats political party said on Monday 24 September.
Greenspan to meet with Senate panel
US - Federal Reserve Chairman Alan Greenspan plans to hold a closed-door meeting Tuesday 25 September.
Fin regulators plan public meet on privacy notices
US - Eight financial regulators announced plans Monday 24 September for an all-day meeting on privacy notices under new banking laws.
Pakistan on course for further IMF funds
PAKISTAN - The International Monetary Fund yesterday, Monday 24 September, said Pakistan was on track for a fresh lending package, but played down its size and denied it was connected to the campaign against terrorism.
Bank of Japan board voted 8-1 to ease policy
JAPAN - The Bank of Japan (BOJ) on Tuesday released the minutes of its monetary policy meeting held on August 13-14.
Speech by Dr Y. V. Reddy of Reserve Bank of India
SPEECH - Address by Dr.Y.V.Reddy, Deputy Governor, Reserve Bank of India, to members of the Managing Committee of the Indian Merchants' Chamber on 17 July, 2001, at Mumbai. "Fiscal Transparency and Beyond".
Bank of Japan - Monetary policy meeting minutes
REPORT - Minutes of the Monetary Policy Meeting of the Bank of Japan held on 13 and 14 August.
Speech by Shri Vepa Kamesam Reserve Bank of India
SPEECH - Address delivered by Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India at the National Awards Presentation function for State Co-operative Agriculture & Rural Development Banks organized by National Co-operative Agriculture & Rural…
RBNZ reminder re economic sanctions
NEWS RELEASE - The Reserve Bank has written to banks and financial institutions reminding them of their obligations in regard to United Nations sanctions that apply in New Zealand.
Speech by Dr Y. V. Reddy of Reserve Bank of India
SPEECH - Address by Dr.Y.V.Reddy, Deputy Governor, Reserve Bank of India, at the 150th anniversary of the Reuters Group, at Mumbai, on August 28, 2001. "Communications Policy of the Reserve Bank of India."
Fed extends deadline on payment risks policy
US - The Federal Reserve Board extended until Nov. 16 the deadline for public comment on the potential longer-term direction of its policy on payments system risk.
IMF sees no global recession in 2001 or 2002
US - International Monetary Fund First Deputy Managing Director Anne Krueger said Monday 24 September she does not see a global recession in either 2001 or 2002 despite increased economic uncertainty following the 11 September attacks on the United…
Basel plan on capital may quiet criticisms
US - Regulators working on a revision of international bank capital rules announced Friday 21 September that they will back off a number of proposals that the industry has criticised.