Monetary Policy

Paul O'Neill and pop star argue over aid issue

UGANDA - The Washington Post reports that US Treasury Secretary Paul O'Neill and Irish rock star Bono have apparently fallen out, over the issue of digging wells, during a joint 10-day trip around Africa to investigate the aid issue. O'Neill has…

Speech by Eugenio Domingo Solans, ECB, 24 May

SPEECH - In a speech titled 'Monetary integration in Europe: some past and present experiences' Solans says that one conclusion we can draw from the European experience is that full monetary integration is the final result of a long process of previous…

Reserve Bank of Australia 2002 Conference

CONFERENCE - The Reserve Bank of Australia 2002 conference 27-28 May, jointly organised with the Australian Treasury, is on the topic: 'Globalisation, Living Standards and Inequality: Recent Progress and Continuing Challenges'.

Argentina's governors support Duhalde

ARGENTINA - Argentina's president won backing Monday from powerful provincial governors for his attempts to obtain an international bailout package to pull Argentina out of financial crisis. But, he warned, "time is running out."

Mboweni urges Deutsche Bank disclosure

SOUTH AFRICA - SA Reserve Bank governor Tito Mboweni on Monday said it was important that details of a deal struck between the SARB and Deutsche Bank be made available to the rand commission of inquiry.

Speech by M Moskow, President, Chicago Fed, 9 May

SPEECH - In opening remarks to the 38th Annual Conference on Bank Structure and Competition Moskow said the two day conference will explore the forces that drive the behavior of financial firms during the business cycle. We also will examine how these…

ECB Press release

PRESS RELEASE - Seminar of the Eurosystem and Latin American central banks held in Madrid on 23 and 24 May 2002, 24 May.

European Central Bank Publication

REPORT - The Eurosystem's terms of reference for the use of cash- recycling machines by credit institutions and other euro area institutions engaged in the sorting and distribution of banknotes to the public as a professional activity, 24 May.

Posh jobs

FEATURE - Former directors of Equitable Life who are being sued for more than £3bn will turn green with envy if they cast an eye over the Bank of England's annual report. In a section on governance and accountability, it makes clear that the Bank's Court…

Japan hits out at ratings downgrade

JAPAN - As Japan braced for a possible two notch downgrade to its sovereign credit rating next week, the Ministry of Finance stepped up its war of words with the world's leading rating agencies by restating its belief that they are misguided.

Mboweni willing to tell all

SOUTH AFRICA - South African Reserve Bank governor Tito Mboweni on Monday said he was willing to disclose details of a confidential deal reached between the SARB and Deutsche Bank to boost South Africa's foreign exchange reserves.

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