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Dookeran may lead Trinidad party
The former governor of the Central Bank of Trinidad and Tobago, Winston Dookeran, may become leader of the main opposition party in Trinidad after the incumbent announced he would not be running for the post again.
Caruana's potential replacements named
According to a report by Expansion this week, there are four names in the hat to replace Jaime Caruana as governor of the Bank of Spain when he steps down in Summer 2006.
OECD needs reform says Japan's candidate
Japan's candidate to become the next secretary-general of the OECD says the group needs to be more responsive to developing countries to avoid losing its importance as an international organization, the Financial Times reports in its international…
Interview with IMF's Rodrigo de Rato
In an interview published this week IMF managing director Rodrigo de Rato warns that high oil prices could halt Korea's economic recovery. He also says sluggish export growth could put a brake on the recovery.
King's cricket connection
Mervyn King spent Thursday 8 September watching England play Australia at the Oval in the last Ashes cricket Test. But the Bank of England governor doesn't just watch the game, he is also involved in a campaign to bring more cricket to state schools in…
Reserve Bank of Australia - Annual Report 2005
The Reserve Bank of Australia published its Annual Report for 2005 on 8 September. The period covered by the report was a period of relative calm as Australia's economic expansion continued into its 14th year, RBA Governor Ian Macfarlane said in the…
Federal Reserve Board - Beige Book, September 2005
The Federal Reserve published its September 2005 Beige Book survey on 7 September. U.S. business activity increased across the country from mid-July through August even as energy costs rose, according to the report.
India's Reddy on monetary co-operation in Asia
In the speech 'Monetary co-operation in Asia' given on 3 September, YV Reddy of the RBI said the RBI is planning a new six-country trade-weighted real effective exchange rate (REER) index for the rupee which would include China's yuan and the Hong Kong…
Deutsche Bundesbank Monthly Report, August 2005
The Deutsche Bundesbank published the English version of its August 2005 Monthly Report on 6 September. The Bundesbank said general weak economic growth in the EU, rather than discrepancy in GDP growth rates, is likely the "real reason for widespread…
Fed may pause for political reasons
Following the devastation caused by Hurricane Katrina, the outcome of the Federal Reserve's next FOMC meeting is up for grabs, this article published on Tuesday 6 September suggests. The answer isn't just a question of policy, politics may be involved as…
Comment: Smaghi calls for fiscal synchronisation
Writing in the Financial Times on September 8, Lorenzo Bini Smaghi, a member of the ECB's executive board, called on member states to improve the synchronisation of the their budgets in order to strengthen the economic governance of the Euro area.
BOJ's Fukui says economy on track
The governor of the Bank of Japan, Toshihiko Fukui, said Thursday 8 September that the economy is moving towards achieving sustained economic growth.
BOK will 'seriously' consider rate hike next month
Bank of Korea governor Park Seung said the central bank may raise its benchmark interest rate as early as next month as it needs to act before a full economic recovery.
Uganda upgrades foreign reserve management
The Bank of Uganda (BOU) plans to upgrade its foreign reserve management operations by installing a software system worth one million US dollars.
Report says Fed rate pause 'not ruled out'
Federal Reserve officials say they are watching to see how financial markets and the economy react to the destruction caused by Hurricane Katrina before deciding on what action to take at their policy-setting meeting on Sept. 20, the Wall Street Journal…
Italy's Fazio to miss EU talks on Friday
The Bank of Italy said on Thursday 8 September that its governor Antonio Fazio will not attend the European finance meeting in England which begins on Friday.
ECB Monthly Bulletin, September 2005
The European Central Bank published its September 2005 Monthly Bulletin on Thursday 8 September. The ECB said it needs to exercise 'particular vigilance' on risks to eurozone inflation following the recent increase in oil prices.
Chicago's Moskow on the U.S. economic outlook
In the speech 'U.S. economic outlook' given on 7 September Michael Moskow of the Federal Reserve Bank of Chicago said the Federal Reserve will face "a number of judgment calls" in assessing the impact of Hurricane Katrina on the U.S. economy.
BIS's Knight on challenges to financial stability
In the speech 'Challenges to financial stability in the current global macroeconomic environment' given on 6 September, Malcolm Knight of the BIS said the global financial system of today is vastly more efficient and resilient to small or moderate shocks…
SARB's Mboweni on the Annual Economic Report 2005
The South African Reserve Bank published its Annual Economic Report 2005 on 24 August. In his address to the shareholders of the Bank, Tito Mboweni said he was pleased to be able to report on another successful year for the South African Reserve Bank…
Asia can fight speculators without its own IMF
The Indonesian authorities plan to seek $6 billion in standby funds from Japan to bolster the country's depleting foreign reserves has seen the Indonesian currency slump to a four-year low, this article published on Tuesday 6 September reports.
PBOC advisor says maintain neutral monetary policy
Yu Yongding, a senior economist and member of the People's Bank of China's monetary policy committee said China should maintain a neutral monetary policy as any change soon could confuse markets.
BSP not ruling out tighter money policy
The Philippines central bank (BSP) said it would not rule out a "possible tightening" of its monetary policy after August inflation figures showed the rate rose faster than expected.
Comment: Preventing terrorist financing
Public policymaking, at its most simple, involves promoting public goods, preventing public bads and creating processes and structures which make sure this happens.