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Kato on crisis prevention and the IMF
In the speech 'Crisis prevention and the IMF' given on 10 July Takatoshi Kato of the IMF said the last few years have certainly seen a very strong global economy.
SARB's Guma on the SA economy
In a speech given on 4 July X.P. Guma of the South African Reserve Bank said continued brisk expansion in final consumption expenditure by households has been underpinned by a steady increase in household disposable income.
Bank of Lithuania - Annual Report 2005
According to the Bank of Lithuania's Annual Report 2005, after a short slackening at the beginning of 2005, the annual growth rate of real consumption expenditure gained momentum peaking at the end of the year.
Caruana on the Spanish economy in 2005
In the speech 'Overview of the Spanish economy in 2005' given on 15 June Jaime Caruana of the Bank of Spain said throughout last year and in early 2006, the expansionary cycle of the Spanish economy continued and intensified.
Juncker says ECB 'pointing' to rate rise
Euro group president Jean-Claude Juncker said Monday 10 July the European Central Bank has been signalling that it will raise interest rates again before long.
Review of the Asian Bond Fund 2 Initiative
The Bank of Japan has announced that the EMEAP (Executives' Meeting of East Asia-Pacific Central Banks) Working Group on Financial Markets has released a report titled "Review of the Asian Bond Fund 2 Initiative."
Japan ruling party backs ending BoJ rate policy
The Bank of Japan has received clear backing from the ruling Liberal Democratic Party on its plans to end the current zero interest rate policy.
Comment: Dutch banks lose on payments
A recent report by McKinsey, a consulting firm, finds that Dutch banks are losing money on processing payments. Moreover, the report suggests that margins will be under even greater pressure as banks have to implement a plethora of new regulations.
Crisis prevention in emerging markets
In the run up to the IMF-World Bank Annual Meetings in September 2006, the IMF and the Singapore Government have organized a high-level seminar on Crisis Prevention in Emerging Market Economies on July 10-11, 2006 in Singapore.
Bomb explodes near Iraqi central bank
A bomb exploded near Iraq's central bank in central Baghdad on Monday 10 July, killing several people, Reuters reported.
Central bank's focus should be on growth
According to this opinion piece from The Jakarta Post, published Monday 10 July, Bank Indonesia should start concentrating on issues of how it is going to use its monetary policy to spur further economic growth.
British pound passes yen in central bank reserves
According to this article by Bloomberg News published Monday 10 July, central banks around the world are increasing their holdings of British pounds.
Dutch central bank wants better payment system
The Dutch central bank has called for a more efficient payment system and is considering a set of measures to encourage people to pay more by electronic means, MarketWatch reported.
President of the Slovak Republic visits ECB
The President of the Slovak Republic, HE Ivan Gasparovic, visited the European Central Bank (ECB) on Monday 10 July.
Inflation targeting in dollarized economies
According to this IMF Working Paper, the shift to inflation targeting has contributed to the relatively low inflation observed in some emerging market economies.
Central Bank of Liberia - Annual Report 2004
According to the Central Bank of Liberia's Annual Report 2004, in 2004, Liberia made gradual progress in its march to economic recovery and political stability.
Comment: LCH.Clearnet chief departs
After months of speculation that his days were numbered, David Hardy resigned as chief executive of LCH.Clearnet on 5 July. The announcement was met with an air of inevitability. The episode raises some fundamental questions about the European clearing…
Sao Tome central bank has new governor
The Central Bank of Sao Tome and Principe has a new governor, according to the macauhub website. Arlindo Carvalho, was reported to have taken office this week, and was quoted as saying he will give priority to increasing corporate confidence and…
ECB considers new securities settlement service
The European Central Bank said Friday 7 July it is considering setting up a new service for securities settlement in the eurozone. Through the new system, the ECB said it aims for synergies and harmonized settlement of securities transactions in the euro…
EU Parliament wants information on SWIFT
The European Parliament adopted a resolution on Thursday 6 July asking EU governments, the Commission and the European Central Bank to explain what they know about the SWIFT agreement.
Russia and Belarus ready for single currency
The central banks of Belarus and Russia will be ready for the planned introduction of a single currency in 2008, Russia's central bank chief Sergey Ignatyev said in Belarus on Thursday 6 July.
Serbia's Jelasic says banks want to fight NBS
In a recent interview, Radovan Jelasic, governor of the National Bank of Serbia (NBS), says he would be very happy if the NBS did not have to make so many monetary policy decisions, because they are very costly.
Too much secrecy in appointing the Bank's MPC
Writing in the Financial Times on Friday 7 July, UK shadow chancellor George Osborne says the appointment process to the Bank of England's Monetary Policy Committee has been brought into sharp focus with the MPC down to seven of its full complement of…
Carstens on reshaping the IMF's role in the 21st C
In the speech 'Reshaping the IMF's role in the 21st century' given on 29 June Agustin Carstens of the IMF said the development of a medium-term strategy for the IMF has been a process rich in debate within and, more importantly, outside of the…