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Gretta Duisenberg apologises for 'Nazi' remarks
Gretta Duisenberg has apologised for saying last week that the Israeli occupation of Palestinian territories was worse than the Nazi occupation of the Netherlands - with the exception of the Holocaust.
China's c bank outlines money laundering rules
The People's Bank of China's first major policy directive under the helm of its new governor, Zhou Xiaochuan, outlines new measures to combat money laundering through the country's domestic banking system.
Former Turkmen central bank chiefs trial starts
Thirty-two members of a conspiracy to assassinate Turkmen President Saparmurat Niyazov and overthrow the government will face trial this week. Hudaiberdy Orazov, former head of the central bank of Turkmenistan is one of those charged.
BIS meeting - Central bankers wary of Iraq war
Central banks need to watch the situation in Iraq closely and be prepared to act to stop any war damaging a modest world economic pickup in 2003, Bank of England Governor Sir Edward George said on Monday at a regular BIS meeting in Switzerland.
The Regional Economist, January 2003
PUBLICATION - The Quarterly Review of Business and Economic Conditions, The Regional Economist, January edition from the St Louis Fed contains an article 'One Rate but Different Results'. The target set by the FOMC for the federal funds rate applies to…
Economic Insights from the Dallas Fed Bank
PUBLICATION - In its regular Economic Insights publication, Volume 7 Number 3 2002, the Federal Reserve Bank of Dallas looks at the "Origins of the Chicago School of Economics" under Frank Knight. In the introduction Bob McTeer says "Frank Knight is one…
EconSouth from the Atlanta Fed Fourth Quarter 2002
PUBLICATION - The Federal Reserve Bank of Atlanta has published its regular online magazine, EconSouth, for the Fourth Quarter 2002. The main feature of the latest edition is 'Fiscal Policy: What a Difference A Recession Makes'.
Philadelphia Fed Business Review, 4th Quarter 2002
REPORT - The Federal Reserve Bank of Philadelphia has published its regular Business Review for the Fourth Quarter 2002. The current issue contains articles including, Forces shaping Philadelphia's future and A lifeline for the weakest link? Financial…
Israel's PM summons bank governor over gaffe
Prime Minister Ariel Sharon summoned Governor of the Bank of Israel David Klein for an urgent meeting, following Klein's comments in the media in recent days, it was reported.
Dinkic is a "collaborator": Mihajlovic
Embattled police minister Dusan Mihajlovic has lashed back at allegations against him by National Bank Governor Mladjan Dinkic.
Arminio Fraga on leaving Brazil's central bank
SPEECH - In a speech on leaving the governorship of Brazil's central bank Arminio Fraga Neto said of primary importance to the incoming president of the central bank will be the mission of preserving price stability. He added that by giving priority to a…
Japan nears crucial decision on new BOJ governor
ARTICLE - The Japanese government looks set to announce within days who will be the next governor of the central bank, one of the most crucial appointments it will make in its efforts to revive the struggling economy.
Germany has only itself to blame for its woes
ARTICLE - This article argues that one size always fits all in any monetary area, referring to the euro zone interest rate. And asks the question, Has the euro in any way aggravated the problem, compared with past monetary arrangements?
A case for a Securities Exchange Commission
ARTICLE - This article says that to corporate governance buffs, the news that government is mulling the idea of setting up a Securities Exchange Commission in Zimbabwe is good news.
Klein: Israel should rely less on foreign workers
Israel must take urgent action to reduce the number of foreign workers, Bank of Israel Governor David Klein said on Thursday night in a lecture to the Israel-Japan Chamber of Commerce in Tel Aviv.
BoJ can take bolder measures: Takenaka
The Bank of Japan (BoJ) could take more radical action to boost the ailing economy such as setting an inflation target, Financial Services and Economy Minister Heizo Takenaka said on Friday.
Jamaica introduces deposit requirements
The Bank of Jamaica (BOJ) has instituted a so-called Special Deposit Requirement for commercial banks and institutions licensed under the Financial Institutions Act.
Dollar hits three-year low against the euro
The dollar fell to a three-year low against the euro Thursday, as investors continued to lose confidence in US assets and expectations grew of an imminent Iraqi war.
ECB chief welcomes strengthening euro
European Central Bank (ECB) president Wim Duisenberg on Thursday welcomed the recent rise in the value of the euro, and said he did not see it endangering the eurozone's competitiveness.
Euro coins spend their first year at home
The euro has made life easier for travellers between the 12 countries that adopted the single currency a year ago. But euros appear to be more of a stay-at-home coinage than expected.
Russian central bank to withdraw foreign capital
This year the Russian central bank plans to significantly reduce its share in Russian foreign banks and will withdraw from their capital fully at the beginning of 2004.
Japan cleanup push may not spur policy offensive
Sources familiar with central bank thinking say the BOJ views the disposal of bad loans as Japan's most significant domestic economic issue but doesn't expect the impact of the disposal process will be severe.
Transfer of Afghan money to Pakistan not illegal
The governor of the Afghan Central Bank, Anwar Ahadi, has said that the transfer of Afghan money to Pakistan or other countries is not illegal.