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Opinion

Economic woes await next Congo president

According to this article published Thursday 9 November by AFX, whoever emerges winner of Congo's recent presidential election will have a hard time wooing back citizens who have given up on institutions in favour of a giant shadow economy.

What's behind Japan's big surge?

Although the world's second-biggest economy is expected to announce record expansion, this article from BusinessWeek, published Monday 6 November, says it's mainly based on exports, and wages have not kept pace.

Keeping faith in CBK's supervisory obligation

According to this article published Tuesday 7 November by the Kenya Times, a logical move by the Central Bank of Kenya to shut down the country's twenty or so banks affected by bad debts would have had dire implications for the economy.

Is Swift living in the past?

This recent article from The Banker asks whether Swift is destined to become a relic of a bygone age, or if it can move into the modern era after its launch three decades ago.

Can we bank on the Federal Reserve?

According to this article from the November 2006 edition of reason, Ben Bernanke, has big shoes to fill-and many possible hazards to sidestep. The article also contains interviews with several Fed watchers, including Milton Friedman, to assess the…

How viable is a single Caribbean currency?

According to this article published on Friday 27 October by The Jamaica Observer, the call for a single Caribbean currency is once again in vogue and questions about the political will to implement it are being raised.

Who wants to be a trillionaire?

According to this article from The Economist, published Thursday 26 October, China's foreign-exchange reserves are likely to top $1 trillion as October ends, but what to do with the money poses many problems.

Plundering China's reserves

According to this article published Friday 27 October by The Wall Street Journal, with China's foreign-exchange reserves now close to the trillion dollar mark, calls to spend the money are coming fast and furious.

Fed's Lacker - rebel without a pause

This article published Wednesday 25 October notes that Richmond Fed president Jeffrey Lacker has become the first Federal Reserve policy-maker in eight years to dissent from his colleagues for three consecutive meetings.

Sterling sits pretty as volatility vanishes

According to this article from the Financial Times, published Tuesday 24 October, the UK's fiscal rules are superior to the eurozone's Stability and Growth Pact and the Treasury's opposition to joining the euro has been vindicated.

How to save the young from the burden of pensions

According to this article by Lorenzo Bini Smaghi, published in the Financial Times on Wednesday 18 October, the introduction of an EU constitutional rule to prevent young workers being discriminated against in pension reforms is needed.

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