Governance
Former Bank of Japan executive director dies
Toshihiko Yoshino, a former Bank of Japan executive director and a noted economic critic, died of pneumonia at a Tokyo hospital on 12 August, the Asahi Shimbun and Nihon Keizai Shimbun newspapers reported this week. He was 90.
Fazio becomes butt of Tremonti's jokes
Antonio Fazio became the butt of jokes from new economy minister Giulio Tremonti recently, when he poked fun at Fazio and imitated his voice.
Statement by Lars Heikensten on his resignation
Following his decision to resign after being nominated by the Swedish Government as the Swedish member of the European Court of Auditors, Sveriges Riksbank governor Lars Heikensten made the following statement on Thursday 29 September.
Riksbank's General Council on Heikensten decision
The General Council will now together begin the work to find a successor for the position as Riksbank Governor, Chairman of the Riksbank's General Council Jan Bergqvist and Vice Chairman Johan Gernandt said in a joint statement Thursday.
Prosecutors probe Fazio for 'abuse of office'
Antonio Fazio, governor of the Bank of Italy, was secretly placed under investigation in early August, prosecutors in Rome disclosed on Thursday 29 September.
Zeti wins Central Banker of the Year award
Bank Negara Malaysia governor Tan Sri Dr Zeti Akhtar Aziz has been awarded the title of Central Banker of 2005 by Euromoney, the international publisher.
Interview with ECB president Jean-Claude Trichet
In an interview published on Wednesday 21 September, European Central Bank President Jean-Claude Trichet called for determined economic reforms from the next German government as well as other European nations.
Paraguay's banking regulator chief resigns
Paraguay's banking regulator Rodrigo Ortiz has resigned from his post, a central bank source confirmed, according to Bnamericas. Ortiz had been head of the banking regulatory agency since 2003.
No rest for RBA governor in final year
According to this article published on Thursday 22 September, Reserve Bank of Australia governor Ian Macfarlane has one last tricky year to negotiate before bowing out as arguably the country's most successful central bank chief.
St Louis Fed names new first vice president
David A. Sapenaro, 42, has been named first vice president and chief operating officer of the Federal Reserve Bank of St. Louis.
No formula for selecting Fed chair
With the US Senate having to confirm a new chair of the Federal Reserve's Board of Governors soon, this article published on Tuesday 20 September asks what is more important to formulating successful monetary policies, profound study of economics or…
Central Bank of Iceland appoints new chairman
The Central Bank of Iceland has appointed Davi Oddsson governor and chairman of the Board of Governors. The move followed Birgir sleifur Gunnarsson's decision to retire.
New Bank of Israel law agreed
The Israeli government has agreed to the wording of a new Bank of Israel Law that would transfer responsibility for setting interest rates from the central bank governor alone to a monetary committee.
Time to go, Mr. Fazio
The agenda set out in this article published Monday 12 September is clear. Bank of Italy governor Antonio Fazio must go. Even if nobody can legally force him out, the campaign for his resignation will not go away, it says.
World Bank names Europeans to top posts
World Bank President Paul Wolfowitz named two Europeans to senior positions at the development lender on Friday 9 September.
Fed schedule suggests Greenspan January exit
The Federal Reserve has shortened its planned two-day monetary policy meeting for 31 Jan - 1 Fed down to one day, suggesting Alan Greenspan will leave the Fed then.
Interview with Bundesbank's Weber
In an interview published on Saturday 10 September Deutsche Bundesbank president Axel Weber said Germany could learn a lot from Britain's success in reducing unemployment to such low levels.
Greenspan successor to face tough economic climate
Until recently it seemed that Alan Greenspan's successor at the Federal Reserve would have a fairly easy ride at first. But according to an article published this week, that seems like a distant memory now that Hurricane Katrina has sent gasoline,…
Place your bets! Will Fazio stay or go?
A Swedish online gambling website is offering odds on whether embattled Bank of Italy governor Antonio Fazio will stay in office beyond the start of October.
Greenspan, the Wizard of Bubbleland
This lengthy article published on Wednesday 14 September covers a lot of central banking ground. Greenspan's measured-paced interest-rate policy is a reversal back to the Fed's tradition of gradualism, it says, but the debt cancer is spreading faster…
Besieged Fazio gets a supporter at last
European Internal Market Commissioner Charlie McCreevy said Friday 16 September that the Bank of Italy's governor, Antonio Fazio, appears to have acted legally in the ongoing saga that has enveloped the central bank.
Uniform accounting rules face hurdles in Europe
This article published on Tuesday 13 September says that although the path to uniform and stricter global accounting rules is paved with good intentions, problems have arisen in Europe that could delay the adoption of parts of International Accounting…
Bank of Italy valued at 1bln euro
The total value of the Bank of Italy's shares is about 1 bln euro, said economy undersecretary Maria Teresa Armosino, but she said the shares are not "marketable".
King's cricket connection
Mervyn King spent Thursday 8 September watching England play Australia at the Oval in the last Ashes cricket Test. But the Bank of England governor doesn't just watch the game, he is also involved in a campaign to bring more cricket to state schools in…