Governance

Interview with ex-RBI chief Bimal Jalan

In an interview published this week, former governor of the Reserve Bank of India Bimal Jalan said interest rates will be soft as the inflation situation is okay and the foreign exchange reserve position is also comfortable.

Wolfowitz for World Bank, or Wolfensohn's son?

Reports this week said Paul Wolfowitz, US deputy secretary of defence, was a leading candidate to replace James Wolfensohn as the president of the World Bank. But the move seems unlikely following comments by Wolfensohn on Thursday 3 March.

Interview with RBI's deputy governor Udeshi

In a recent interview deputy governor Kishori Udeshi of the Reserve Bank of India said that India's banks are beginning to move towards international banking practices by working to implement Basel II guidelines.

Rosen takes over at CEA

The White House announced on Wednesday 23 February that Harvey Rosen, a member of the White House Council of Economic Advisers, will take over as CEA chairman from the departing Greg Mankiw.

A head for the World Bank

The process of choosing a new leader for the World Bank is devoid of much transparency, something the bank likes to preach, according to this article. With leaders traditionally being American, and chosen in secrecy by the American president, the…

Interview with ECB's Papademos

In an interview published this week European Central Bank Vice-President Lucas Papademos told Handelsblatt that whenever possible, central banks should try to prevent the evolution of asset price bubbles. "In principle, prevention is better than cure."

Duisenberg to mediate in Dexia investors dispute

Wim Duisenberg, the European Central Bank's former president, has been appointed to mediate in a long-running dispute between Franco-Belgian bank Dexia, and Dutch investors who are suing it for allegedly mis-selling investment products.

Interview with ECB's Noyer

In an interview published on Wednesday 16 February, ECB governing council member and governor of the Bank of France Christian Noyer said there was no evidence of price pressures in the euro area that would warrant an immediate shift in monetary policy.

Trichet's passion for the French language

Asked in a recent interview if he prefers the language of Shakespeare to that of Moliere, Jean-Claude Trichet, President of the European Central Bank, said that over ten years ago he founded the Club of French-speaking central bankers whose members…

Interview with ECB's Padoa-Schioppa

Speaking in an interview published on Thursday 17 February, Tommaso Padoa-Schioppa of the ECB said channels of communication with Asia, and with China in particular, are open and the ECB itself has close bilateral ties with the Chinese monetary…

First day of Bank of Italy strike

A strike organised by Bank of Italy trade unions on Thursday 17 February saw over 77% of workers taking part, according to AGI. Another day of action is scheduled for next Thursday, 24 February.

Italy's Bini Smaghi to join ECB board

Lorenzo Bini Smaghi, 48, the head of the Italian Finance Ministry's international department looks set to replace a fellow Italian on the board of the European Central Bank after a unanimous decision on Thursday 17 February.

Profile of T&T's new deputy governor

Joan John became deputy governor, Operations, at the Central Bank of Trinidad and Tobago for a period of five years starting 1 February. She recently led the implementation of the Real Time Gross Settlement System and the Government Securities Settlement…

T&T promotes second woman to senior position

The Central Bank of Trinidad and Tobago announced on Wednesday 16 February the appointment of the second woman in two weeks to a leadership position. Wendy Ho Sing assumed her new posting as Deputy Inspector of Financial Institutions.

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