Governance

Letters reveal 'low point' for Sir Eddie

Letters released this week by the UK Treasury showed that Gordon Brown's decision to remove responsibility for banking supervision from the Bank of England almost prompted Sir Edward George, the Bank's governor to resign.

BoE cancels 2005 governors' symposium

The Bank of England has cancelled its 2005 governors' symposium due to the UK's overcrowded international schedule. Mario Blejer, head of the Bank's centre for Central Banking Studies, wrote to central bank governors recently to tell them the news.

Czech president appoints new CNB board members

The President of the Czech Republic, Vaclav Klaus, at Prague Castle on Friday 11 February appointed three new members to the Bank Board of the Czech National Bank. He also said Zdenik Tma will remain CNB Governor for a further six-year term.

Interview with Bank of Canada's Tiff Macklem

In an interview published this week, Bank of Canada Deputy Governor Tiff Macklem said Canada's economy may take two or three years to adjust to a currency that rose more than 20 per cent since early 2003 and "there is probably some more adjustment to go".

Malawi names new central bank governor

President Bingu wa Mutharika of Malawi has decided against renewing the contract of central bank governor Elias Ngalande, which expires at the end of this month, a government official said on Tuesday 1 February. Ngalande will be succeed by Victor Mbewe.

Nepal Rastra Bank appoints new governor

After a protracted dispute among the ruling parties, a cabinet meeting on Monday 31 January finally decided to appoint deputy governor Bijaya Nath Bhattarai as the new governor of the Nepal Rastra Bank.

The Greenspan succession

In an article published this week Paul Krugman says the Bush administration will have a hard time finding a successor to Alan Greenspan, who is expected to retire next year. Feldstein and Hubbard are mentioned, but Krugman warns that appointing a "yes…

Interview with San Francisco Fed's Janet Yellen

Federal Reserve Bank of San Francisco president Janet Yellen gave an interview this week in which she expressed optimism about the US economy. The world economy looks on track for moderate growth and China has been trying to moderate its growth with the…

Interview with Trinidad & Tobago's deputy governor

Amoy Chang Fong, deputy governor of the Central Bank of Trinidad and Tobago, is due to retire at the end of January after 36 years at the bank. In an interview published this week she said the position of the central bank "at the heart of the economy"…

Interview with ECB's Gonzalez-Paramo

In an interview published on Thursday 27 January, ECB Executive Board member Jose Manuel Gonzalez-Paramo describes working at the ECB as the pinnacle of a career devoted largely to central banking, after a decade spent working within the governing bodies…

Bank of Italy faces strike threat

Unions have threatened to call a series of strikes between mid February and mid March, to protest against the Bank of Italy's executives' decision to amend the agreements reached with the unions.

Da Afghanistan Bank appoints first deputy governor

At the proposal of the governor of Da Afghanistan Bank, the central bank, and following the approval by the president Hamed Karzai, Sameollah Ebrahimi has been appointed first deputy governor of the central bank, the BBC Monitoring Service reported…

New directors for Chicago Fed

Two new members of the Federal Reserve Bank of Chicago's board of directors were announced on 10 January, as well as one new member of the bank's Detroit Branch board. In addition, the chairmen of both boards and the Seventh District representative to…

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