Udovicki's future at NBS still in balance

The Serbian Parliament began a debate on proposed changes to legislation on presidential elections on Thursday (19 Feb). Parliament completed debate on the appointment of the National Bank governor but has yet to put it to a vote.

Central bank to cut 300 staff in Ecuador

The Central Bank of Ecuador (BCE) is to reduce its staff numbers by 28% to 777 as part of a cost cutting plan. The move brings the BCE into line with IMF recommendations and follows criticism of its high wage bill.

New York Fed names Christine Cumming First VP

The Federal Reserve Bank of New York named Christine Cumming, a 24 year veteran of the Bank, as its new first vice president on Monday (9 Feb). Timothy Geithner said that her fine judgement and intellectual contribution to the bank is impressive.

Music fit for a King

We hear that Mervyn King prepared himself for the cut and thrust of the Bank of England's recent MPC meeting with an evening in London's Royal Festival Hall, listening to Shostakovich's fifth symphony.

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.

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