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Portugal's Constancio rules out ECB board bid
PORTUGAL - Portugal's central bank governor Vitor Constancio on Thursday ruled himself out of the race to replace European Central Bank Vice-President Christian Noyer who steps down from the board at the end of May.
Klein defends rate rise, attacks gov't policy
ISRAEL - Bank of Israel Governor David Klein Friday vigorously defended his recent rate hike and accused the government of having little interest in running the economy, reports Dow Jones.
German finance ministry, Buba spurn gold sale call
GERMANY - The German Bundesbank and finance ministry on Tuesday rejected suggestions by some government politicians that holes in the public purse could be plugged by the sale of gold and foreign exchange reserves.
IMF did help Argentina
LETTER - A Letter to the Editor by Thomas C. Dawson, Director, External Relations Department, International Monetary Fund, The Daily Yomiuri, 25 February.
Speech by M Moskow, President, Chicago Fed, 5 Mar
SPEECH - In the speech titled 'Perspectives on the Economy' Moskow said that he believes a U.S. economic recovery "may very well be under way," although the strength and shape of the resurgence is hard to predict.
Bank of Canada Review Winter 2001 - 2002
RESEARCH - The Resolution of International Financial Crises: Private Finance and Public Funds by Andy Haldane, Bank of England and Mark Kruger, Bank of Canada.
Bank of Canada Review Winter 2001 - 2002
RESEARCH - Risk Management in the Exchange Fund Account by Michel Rochette.
Bank of Canada Press Release
PRESS RELEASE - Bank of Canada keeps target for the overnight rate at 2 per cent, 5 March.
Indonesia court delays verdict on c bank governor
INDONESIA - An Indonesian court has delayed for a week the verdict on central bank governor Sjahril Sabirin in a corruption trial stemming from a long-running banking scandal.
Fed's Ferguson - Banks shouldn't become complacent
US - A top Federal Reserve official on Monday warned banks against complacency in taking risks as they deal with slowing growth, though he said there was no reason to be alarmed about the downturn in earnings.
Nigeria's c bank urged to review monetary policy
NIGERIA - Central Bank of Nigeria and other regulatory authorities have been asked to reconsider their control strategies with the aim of striking a balance between exchange and interest rates policies in the overall interest of the productive sectors of…
Beijing backs away from controversial audit plan
CHINA - Chinese securities regulators have backed away from a controversial plan to force companies issuing shares to have their books audited by foreign accountants after furious lobbying against the policy by the domestic industry.
Barbados deal under fire from tax havens
BARBADOS - Caribbean tax havens have attacked the decision of Barbados to reach a settlement over demands by industrialised countries for reform.
Ethiopia slashes interest rates
ETHIOPIA - The Ethiopian central bank has halved interest rates to 3%, due to plunging deflation, weakening trade and investment and the global economic slowdown.
Speech by Roger Ferguson, Federal Reserve, 4 Mar
SPEECH - In the speech titled 'Back to the Future in Managing Banking Risk' Ferguson said "after nearly a decade of steady improvement, earnings from core bank operations and other measures of financial strength for the U.S. banking system have taken an…
Regulators relax rules for some foreign banks
US - Federal regulators are easing the rules for some foreign banks operating in the US, freeing up about $1.6bn (Euros 1.8bn, £1.1bn) in assets and reducing some administrative costs.
Discretion rules over next ECB vice-president
FRANCE - It seems that European Union leaders are trying to draw a lesson from 1998. In that year, a cloud of political controversy engulfed the European Central Bank at the moment of its creation when an undignified dispute broke out over Wim Duisenberg…
Japan pledges economy boost
JAPAN - Japan has promised another package of measures to continue its fight against deflation and steer the economy to recovery.
Argentina acts to ease economic crisis
ARGENTINA - The Argentine Government has announced a series of measures it says will strengthen social spending and launch a new economic cycle.
BOK head should be guaranteed 4-year term-Union
SOUTH KOREA - The Bank of Korea (BOK) governor should be guaranteed a four-year term regardless of the results of the presidential election scheduled for December this year, BOK's labor union and a civic group maintained yesterday, reports the Korea…
BOJ minutes - Board voted 8-1 to keep policy
JAPAN - The Bank of Japan's policy board members voted 8-1 to keep monetary policy unchanged at their meeting on 15-16 January, according to the minutes of the meeting released Tuesday.
Banks must invest in long term risk management
US - Federal Reserve Vice Chairman Roger Ferguson said Monday that banks must devote attention and resources to financial risks, despite the upfront costs of such efforts.
President Pervez to visit State Bank Pakistan
PAKISTAN - President Pervez Musharraf will visit the State Bank of Pakistan on 9 March for a briefing on the economic situation, sources said on Friday.