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Kazakh MPs call for c bank no-confidence vote

KAZAKHSTAN - Source Khabar Television. [Presenter] At a plenary sitting of the Majlis [lower house of Kazakh parliament] today, deputies proposed a no-confidence motion against the chairman of the National Bank of Kazakhstan, Grigoriy Marchenko.

Berlusconi defends central bank powers

ITALY - Prime Minister Silvio Berlusconi Friday threw his weight behind the Bank of Italy after a group of lawmakers proposed to strip the central bank of banking surveillance powers as part of a wider reform involving a number of regulatory bodies.

Speech by Jarle Bergo, Dep Governor Norges Bank

SPEECH - Bergo says in the speech we must be prepared for changes in the functioning of the economy over time and that one knows precisely how different shocks will affect the economy or what effects fiscal and monetary policy instruments will have. A…

Speech by Dr Bimal Jalan, Reserve Bank of India

SPEECH - In the speech 'India and Globalisation' Bimal Jalan said that Indians have to increase their work efficiency and productivity to match global standards. India is nowhere even close to being globalised in terms of the commonly used indicators…

Speech by Urban Backstrom of Sveriges Riskbank

SPEECH - Urban Backstrom said in the speech that in order to reduce the risk of financial market imbalances, it is important that we have a well thought-out legislative, regulatory and supervisory infrastructure that functions properly and follows any…

French firm sues over euro notes

FRANCE - Have euro notes design breached copyright? A French company claims a map of Europe printed on every euro bank note breaches a copyright it owns on the design. The ECB does not agree.

US economists to free up Argentine bank system

ARGENTINA - Adam Lerrick and Allan Meltzer, two prominent US economists, have proposed a new scheme to allow Argentines to use the money locked up in the banking system without triggering a collapse of the banks - arguably the single largest problem…

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