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Bank of Japan Monthly Report December 2001
REPORT - Bank of Japan Monthly Report of Recent Economic and Financial Developments, December 2001.
Centralbanknet's Christmas Quiz
Enter Centralbanknet's christmas quiz by emailing us the answers. Most correct answers wins of course. Winner will be displayed on cbnet on Monday 7 January and the correct answers will be given.
Speech by Shri Vepa Kamesam, Reserve Bank of India
SPEECH - Inaugural address delivered by Shri Vepa Kamesam, Deputy Governor, RBI at the IX Economic Convention 2001 at H.R. College of Commerce & Economics, Mumbai on December 6, 2001.
Centralbanknet's Christmas Quiz
Enter Centralbanknet's christmas quiz by emailing us the answers. Most correct answers wins of course. Winner will be displayed on cbnet on Monday 7 January and the correct answers will be given.
Speech by Tony Latter, Deputy Chief Executive HKMA
SPEECH - Speech by Tony Latter, Executive Director, HKMC, Bauhinia MBS Limited, US$3,000,000,000 Mortgage-Backed Securitisation Programme, Signing Ceremony, 19 December 2001.
Polish PM challenges central bank
POLAND - Polish prime minister Leszek Miller said today that legislative measures to force change at the central bank were still a possibility if the central bank did not listen to the views of parliament.
Singing the euro's praises
EURO - The achievement of introducing the euro received praise from the IMF and tinges of regret have been observed in countries choosing not to be part of it. In the eurozone itself measures were being taken to combat over-eagerness for the new currency.
Argentina: largest default in history
ARGENTINA - On Sunday Argentina announced the largest sovereign debt default in history, declaring it would stop paying its $155bn public debt. The new government headed by president, Adolfo Rodriguez Saa, said the country would resist pressure to…
Centralbanknet's Christmas Quiz
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Speech by Laurence Meyer of the Federal Reserve
SPEECH - Laurence Meyer said in a speech on Tuesday afternoon titled 'Financial Stability in Emerging Markets: What Have We Accomplished and What Remains To Be Done?' that an international bankruptcy scheme like that proposed recently by the IMF is not a…
ECB to re-shuffle board member responsibilities
GERMANY - The European Central Bank said on Friday it had changed some of the responsibilities among its six member Executive Board with effect from 1 January, 2002.
Fears that euro ATMs will run dry
UK - The stock of euro notes in banks' cash machines is in danger of running out in the first weeks of the new currency's launch on 1 January, bankers have warned.
Argentina's peso predicament
ARGENTINA - Argentina's new leaders face a list of problems as long as your arm. But right at the top is devising a solution for the country's blighted currency, the peso.
RBNZ Bulletin December 2001
NEWS RELEASE - December 2001 Reserve Bank of New Zealand Bulletin released.
EU probes Lloyd's regulation
UK - The European Commission (EC) has begun legal action against the UK government by asking for more information about its regulation of the Lloyd's of London insurance market.
Eddie George doubtful on euro
UK - Sir Edward George, the governor of the Bank of England, has pitched into the ongoing debate about potential British entry into the euro, saying that a single economic policy across Europe was a "disadvantage".
IMF 'blamed' for Argentine crisis
ARGENTINA - The IMF was "instrumental" in engineering Argentina's financial collapse because of irresponsible lending which "exacerbated" its foreign debt problem, foreign creditors have claimed.
Testimony of Wim Duisenberg, ECB President
SPEECH - Introductory statement by Dr. Willem F. Duisenberg, President of the European Central Bank, Brussels, 18 December 2001.
Letter from Wim Duisenberg
Wim Duisenberg: Reply to the letter by Mrs. Randzio-Plath, Chairperson of the Committee on Economic and Monetary Affairs of the European Parliament, dated 15 November 2001, 17 December 2001.
Paper by Charles Bean C Economist, Bank of England
SPEECH /PAPER - Paper by Charles Bean, Chief Economist and Member of the Monetary Policy Committee, Jens Larsen and Kalin Nikolov, Monetary Assesment and Strategy Division at the Bank of England to the Monetary Transmission Network Conference at the…
RBA names new deputy governor
AUSTRALIA - The appointment on Thursday of Mr Glenn Stevens as deputy governor of the Reserve Bank of Australia makes him the frontrunner to become the central bank's next governor.
City watchdog to regulate e-money issuers
UK - The Financial Services Authority, the City watchdog, is to extend its regulatory reach to cover organisations issuing "electronic money" used as an alternative method of payment to credit cards.
5m euros are stolen in three months
EUROPE - Armed gangs and other criminals have stolen Euros 5m ( £3.1m) in the three months since minting and printing of euro notes and coins began, and the situation is set to worsen, European police have warned.