News/Governance

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,…

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.

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…

Interview with IMF's Rodrigo de Rato

In an interview published this week IMF managing director Rodrigo de Rato warns that high oil prices could halt Korea's economic recovery. He also says sluggish export growth could put a brake on the recovery.

OECD needs reform says Japan's candidate

Japan's candidate to become the next secretary-general of the OECD says the group needs to be more responsive to developing countries to avoid losing its importance as an international organization, the Financial Times reports in its international…

Dookeran may lead Trinidad party

The former governor of the Central Bank of Trinidad and Tobago, Winston Dookeran, may become leader of the main opposition party in Trinidad after the incumbent announced he would not be running for the post again.

On tap for the next Fed chief: Trouble

The recent three-day gathering of central bankers in Jackson Hole was capped with an extended standing ovation for the Fed chief from the traditionally straitlaced crowd. But the challenges awaiting Alan Greenspan's successor may be far tougher than the…

ADB president assumes office

The 7th elected President of the African Development Bank (ADB) Group, Donald Kaberuka, was sworn in on 1 September, at the Temporary Relocation Agency (ATR) in Tunis.

Interview with Bank Indonesia's deputy governor

Bank Indonesia deputy governor Miranda Gultom said in an interview published on Wednesday 31 August that the central bank will review regulations that may be impeding desperately needed capital inflows at a time when the rupiah has hit record lows…

Socialist Party calls for sacking of NBU chief

Ukraine's Socialist Party, which makes up one of three groups in the government coalition, called for the dismissal of National Bank of Ukraine governor Volodymyr Stelmakh on Tuesday 30 August, saying the strong currency is damaging the economy.

Trichet: 'Fazio is one of us'

ECB president Jean-Claude Trichet said on Thursday 1 September that beleaguered Bank of Italy governor Antonio Fazio remains 'one of us' and rejected suggestions that the Governing Council was divided on the Fazio issue.

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