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Zambia: finance key to economic development

Diversification and strengthening of financial institutions, instruments and markets, is a prerequisite for Zambia's further economic development, said Denny Kalyalya, a deputy governor of the Bank of Zambia.

Fed investigated Lehman whispers - WSJ

The Federal Reserve called up Credit Suisse, a bank, on the back of rumours that it had closed a credit line to Lehman Brothers, an investment bank, the Wall Street Journal said Thursday.

Fed hawk Fisher softens stance

Richard Fisher, the president of the Dallas Federal Reserve and the lone dissenter on the last two Federal Open Market Committee (FOMC) votes, has acknowledged that slowing growth and a slump in commodity prices may stem inflation.

Crime and the city

Arrests follow crime, but an increase in arrests does not necessarily lead to a decrease in crime, finds a new paper from the Federal Reserve of St Louis.

Bank of Slovenia - Annual Report 2007

The future competitiveness of the Slovenian economy will depend mainly on the results of wage negotiations, said Marko Kranjec, the governor of the Bank of Slovenia, in the latest Annual Report.

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