Governance
People: African Development Bank president re-elected for second term
AfDB president gets further five years as chief; Burundi and Guinea appoint vice-governors
Influential Fed economist Thomas Laubach dies
Current and former Fed officials pay tribute to the US central bank’s German influencer, who died on September 2
Book notes: Quest for restoring financial stability in India, by Viral Acharya
A definitive contribution to the political economy of central banking in emerging economies, but Acharya does not acknowledge the challenges moving forward
BoE open to heterodox tools in new research agenda
Traditional tools of economic analysis “cannot always answer every question”, says Andrew Bailey
Mexican governor and president clash over loan allegations
Díaz de Leon says controversial loan decision was made before he headed development bank
World Economic Forum postponed due to Covid-19
Health experts advised meeting would not be safe to take place in early 2021, spokesman says
Carney to lead asset manager’s climate change strategy
Former BoE governor joins Canadian firm Brookfield and will continue in UN climate role
Liberian court acquits all defendants in central bank trial
Judge strongly criticises decision to try former governor who president accused of corruption
People: IMF appoints strategy head
Pazarbasioglu moves back to IMF; Lithuanian president appoints central bank board member
IMF criticises sacking of Zambian governor
Statement says governments should safeguard independence but language is notably restrained
Norwegian SWF head sells holdings in bid to end dispute
Nicolai Tangen and central bank try to halt major controversy over possible conflict of interests
Zambian president fires central bank governor
President appoints ally to lead central bank after governor warns of economic crisis
MAS chief says it will boost financial sector jobs for locals
Ravi Menon says authorities aim to increase proportion of Singaporeans employed in some roles
People: Central Bank of West Africa governor reappointed for second term
Koné given second six-year term after successful nine years in office; Oman’s sultan selects new central bank board chairman; and Bank of Korea assistant governor awarded deputy governor position
Former Fed officials urge Senate to reject Shelton
Trump nominee’s views are “extreme”, officials say, as two Republican senators pledge opposition
IMF staff present details of Afghan deal
Proposed deal does not mention controversy over suspensions of central bank officials
Liberia puts central bank board members on trial
Former governor and board members are latest to face charges over allegedly missing banknotes
RBI to pay out $7.6 billion to cash-strapped government
Central bank maintains capital at lower bound of specified range
People: RBNZ and Bank Indonesia appoint new deputy governors
Crane Currency names new president; Tainui-Hernandez and Joewono take up deputy governor roles
Computing platforms for big data and AI
Implementing big-data and high-performance computing platforms is critical to support machine learning applications. Rafael Schmidt and Bruno Tissot offer insights on developing a comprehensive information strategy
Lebanon aid depends on reform – IMF
Georgieva sets banking bail-in and further audit of central bank as conditions for emergency aid
More changes at top of NBU as donors watch closely
Council approves new deputy governor as NBU confirms strategy director has left