Central Banking
RBA's Stevens sees closer Sino-Australian links
Reserve Bank of Australia’s Glenn Stevens says Australia should pay close attention to China’s economy as these the countries likely to integrate stronger in the future
Cyprus, Romania sign new memorandum of understanding
Central Bank of Cyprus and National Bank of Romania agree revised supervisory memorandum
IMF’s Blanchard warns of tough times ahead
International Monetary Fund’s chief economist says potential output will be permanently damaged by crisis
US budget deficit forecast trimmed
US officials expect the 2009 fiscal deficit to be smaller than originally forecast, after scrapping money earmarked for further bank bailouts
Iskrov quits – for now
Ivan Iskrov, the governor of the Bulgarian National Bank, resigns following political spat over his position, but may soon be reappointed for a second time to serve a second term
Weber: German economy not standing on own feet yet
Bundesbank’s Axel Weber expects timid recovery in Germany
BoJ’s Mizuno warns of fragile recovery
Bank of Japan’s rate-setter warns of fragile recovery, given concerns over external demand
Philippines cb ends of easing cycle
Central Bank of the Philippines central bank ends series of interest-rate cuts, signals lengthy pause
BoJ’s minutes from July meeting
Minutes of Bank of Japan’s July policy meeting note that “global economic conditions had stopped worsening”
RBA’s Stevens welcomes “distinctly better” outlook
Reserve Bank of Australia’s Glenn Stevens updates parliament on the economic outlook
Croatia’s Vujcic deputy on “unorthodox” regulation
Croatian National Bank’s Boris Vujcic outlines regulatory approach under euro dominance
Social capital aids stakeholder orientation
Norges Bank says banks located in communities with high social capital have a higher probability of survival
Bank split on QE extension, governor outvoted
Minutes show Bank of England’s Monetary Policy Committee voted six-to-three in favour of £50 billion extension. Others in favour of extension to £200 billion
Ghana appoints former finance deputy to replace Acquah
Bank of Ghana’s governor Paul Acquah to step down in September
Nigeria names and shames debtors
Central Bank of Nigeria list names some of the country’s richest people
RBA’s Edey: don’t push banks into the shadows
Reserve Bank of Australia’s Malcolm Edey on getting the balance on tougher regulation right
Italy’s Draghi on tax evasion
Bank of Italy’s Mario Draghi on the importance of reducing tax evasion
Education pays: Philadelphia Fed on innovation
Philadelphia Federal Reserve looks at where does geographically adaptation to innovation take place
Turkey cuts to fresh low
Central Bank of Turkey chops a half point off key rates, indicates further cuts to come
Chile rate cuts compensate for commercial charges
Central Bank of Chile looks at the evolution of consumption and commercial lending rates
Angola says no devaluation in sight
Central Bank of Angola’s deputy governor says the central bank will withstand “speculative drive” to devalue the kwanza
Peru’s Velarde’s plays down BRIC currencies
Central Reserve Bank of Peru’s Julio Velarde on the future of the international monetary order
Turkey’s Turhan: globalisation needs legislative underpinning
Central Bank of Turkey’s Ibrahim Turhan on global economic order
China not sheltered from subprime
International Monetary Fund says China’s stock market is affected by the US subprime crisis