Central Banks

Former US official proposes solvency crisis fund

ARGENTINA - While Argentina's perilous brush with bankruptcy has sparked a renewed debate on the idea of officially-sanctioned debt standstills, a former top official of the Federal Reserve and the Treasury Department on Monday proposed another way of…

Speech by William Poole of the St. Louis Fed Bank

SPEECH - Speech by William Poole, President, Federal Reserve Bank of St. Louis at the Session on: "How Transparent Should a Central Bank Be?" The Philadelphia Fed Policy Forum, Federal Reserve Bank of Philadelphia, Philadelphia, Pennsylvania, 30 November…

Argentina new bid to cut debts

ARGENTINA - Argentina's beleaguered Economy Minister, Domingo Cavallo, is preparing to announce measures to try to prevent the country defaulting on its massive debts.

CNB to change internal structure as of 2002

CZECH REPUBLIC - The Czech National Bank's (CNB) organisational structure will change as of 1 January 2002, and the Bank Board should deal solely with monetary issues and monetary-political decisions, says the latest edition of the Euro weekly, due out…

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