German Chancellor Gerhard Schroeder's cabinet approved Beatrice Weder di Mauro, a university economist, as the first woman and first foreigner to join the government's council of economic advisers, the so called "Five Wise Men".
The Federal Reserve Board has announced that it is seeking nominations for appointments to its Consumer Advisory Council. Eleven new members will be appointed to serve three-year terms beginning in January 2005.
Reserve Bank of Zimbabwe governor Gideon Gono was in South Africa this week to launch Homelink, a plan to encourage Zimbabweans living abroad to send home money through government channels. But the trip descended into chaos when Gono was booed by crowds…
Taiwan has appointed Jaw Sheng Kong as chairman of the newly formed Financial Supervisory Commission. Kong, 48, is currently chairman of state-owned Taiwan Sugar Corp, said the Executive Yuan, the island's Cabinet.
Former chairman of the Central Bank of Russia Viktor Gerashchenko was elected chairman of Yukos, the Russian oil giant, on Thursday 24 June.
Jeffrey M. Lacker was appointed on 17 June the new President of the Federal Reserve Bank of Richmond, effective August 1, 2004. He succeeds J. Alfred Broaddus, Jr., who announced his intention to retire back in November.
The U.S. Senate has voted to confirm Alan Greenspan for a fifth and final term as chairman of the Federal Reserve, clearing him to serve at the Fed into 2006.
Professor Stephen Nickell, a member of the Bank of England's Monetary Policy Committee has been appointed to a Welsh economic think-tank.
Ernst Welteke, who resigned as president of Germany's Bundesbank after accepting hospitality, won't pay 50,000 euros ($60,000) to end an inquiry by the Frankfurt public prosecutor, Welt am Sonntag reported.
For the first time a woman looks set to be appointed to the German government's so-called "Five Wise Men" panel of independent economic advisors, an economy ministry spokesman said.
Chon Chol Hwan, former Bank of Korea governor, has died after an illness, aged 65, Bloomberg reported, citing South Korean central bank's press office.
Singapore's ruling party has approved the appointment of founding father Lee Kuan Yew's son Lee Hsien Loong, the chairman of the Monetary Authority of Singapore, as the next prime minister.
In an extensive interview published this week, Federal Reserve governor Ben Bernanke talks about inflation targeting, asset bubbles, the Great Depression and other topics. He suggests the introduction of a number or a numerical range for inflation in the…
Rodrigo Rato, Managing Director of the International Monetary Fund, has named Jorge Marquez-Ruarte as Director of the Human Resources Department to succeed Margaret Kelly, a national of Australia who is retiring after more than 30 years of service with…
Miranda S Goeltom, former deputy governor of Bank Indonesia (BI) was elected senior deputy governor of the central bank after undergoing a fit and proper test by Commission IX of the House of Representatives in Jakarta last Tuesday, 8 June.
The Senate Banking Committee said on Monday 7 June that it was postponing a hearing on Federal Reserve Chairman Alan Greenspan's renomination until 15 June. The hearing was rescheduled because late President Ronald Reagan was lying in state at the U.S…
The Bank of Korea (BOK) will offer a training course on operations and the role of the "central bank" to nine employees from central banks in six Asian nations.
Reserve Bank of Zimbabwe Governor Gideon Gono has refuted growing speculation that he could run for President in 2008, when President Robert Mugabe steps down.
Secretary General of the Sanatan Dharma Maha Sabha, Sat Maharaj, has apparently criticised the Central Bank of Trinidad and Tobago, citing it as an example of cultural discrimination in Trinidad and Tobago, according to a report by the Trinidad and…
Federal Reserve Chairman Alan Greenspan will testify next Thursday, 10 June, before the Senate Banking Committee as it considers his nomination for a fifth term at the central bank's helm, the panel said on Thursday 3 June.
Rodrigo Rato, the new managing director of the International Monetary Fund, will officially start work on June 7, IMF spokesman Thomas Dawson said on Thursday 3 June.
Ecuadorian President Lucio Gutierrez said on Tuesday 2 June that he had accepted the resignation of Economy Minister Mauricio Pozo and the new minister will be Central Bank Director Mauricio Yepez.
French finance minister Nicolas Sarkozy proposed this week that the finance ministers of the 12 eurozone countries should have a permanent president for two and a half years.
As one of George W. Bush's key advisors on economic policy, Harvard professor Martin Feldstein helped design the President's tax cuts. He's working on a plan to overhaul Social Security. Could he be the next Greenspan, this article asks.