Governance

Brash fires Maori MP who criticised his speech

Last week we reported New Zealand National Party Maori MP Georgina te Heuheu's criticism of "Maori bashing" in a speech made by the party's leader, and former governor of the RBNZ, Don Brash. But Brash defended his speech and this week fired the MP.

Macfarlane's credit card bill rumpus

Australia's newspapers went into overdrive this week after one was able to obtain RBA governor Ian Macfarlane's American Express statements under a "Freedom of Information request". The bank was forced to defend Macfarlane's $249,000 credit card bill,…

Economic outlook 'mixed' at Chicago Fed

Chicago Fed president Michael Moskow gave his first speech of 2004 on Tuesday. But while we're sure he got his message across loud and clear, the bank's own website reported it with a spelling mistake in the title. Or is the US economy in more of a…

'Capitalism is not working'

Former US Treasury Secretary Paul O'Neill's recent book "The Price of Loyalty" contains various quotes attributed to Alan Greenspan. Although his comments on President Bush got much publicity recently, what the Fed maestro had to say was largely…

Gerashchenko's appeal fails

Russia's Supreme Court rejected an appeal from former central bank chairman Viktor Gerashchenko on Friday 6 February over refusal by the Central Electoral Commission to register him a candidate in the upcoming presidential election.

Trichet nose his skiing

Attending a summit in London this week ECB boss Jean-Claude Trichet stood out from the crowd with what was described as a large plaster on his nose.

Brash speech criticised by Maori MP

Former Reserve Bank of New Zealand governor Don Brash, now leader of the National Party, has been criticised by Georgina te Heuheu, the party's only Maori MP, for a speech she described as "Maori bashing".

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