Economics

Fiji's Narube on fostering SME growth

For Fiji's small- and medium-sized enterprises to succeed, they needed to have vision, commitment and resources, Savenaca Narube, the governor of the Reserve Bank of Fiji, said.

Present doesn't mirror 1970s: Bernanke

The differences between the US economic landscape of the mid-1970s and the present are more pronounced than the similarities, Ben Bernanke, the chairman of the Federal Reserve, said.

Riksbank notes rise in stability risks

Global financial market uncertainty and the risk of a pronounced economic dip have made the Swedish banking sector more vulnerable, though the industry remains financially strong, the Riksbank said in its latest Financial Stability Report.

ECB celebrates 10th birthday

The European Central Bank (ECB) reached double digits on Sunday and marked its tenth anniversary with a ceremony and concert on Monday.

Markets "far from normal": Fed

Ben Bernanke, the chairman of the Federal Reserve, has stressed that "conditions in financial markets are still far from normal", although liquidity in several market segments has improved and the central bank's interventions have helped to relieve…

Johnson on oil and food

World oil markets are likely to remain under pressure for some time before high prices have a corrective impact on both supply and demand, says Simon Johnson, the chief economist of the International Monetary Fund.

Trichet still sees "accumulation of shocks"

Jean-Claude Trichet, the president of the European Central Bank (ECB) said in an interview with L'Express, a French magazine, current market conditions amount to "an accumulation of shocks that is clearly not over."

SWF task force touches down in Middle East

A task force of the United States Congress, charged with gaining more insight into sovereign wealth funds, has touched down in the Middle East and is visiting a number of the region's funds.

Fund confirms Blanchard appointment

Amidst the departure of several high-ranking staff, the International Monetary Fund has announced the appointment of Olivier Blanchard, the highly respected professor from the Massachusetts Institute of Technology (MIT), as its new chief economist and…

Brazilian SWF: on or not?

The status of the Brazilian plans to establish a sovereign wealth fund has become clouded following reports of conflicting views in the government.

Is Iran's Mazaheri to be replaced?

Sections of the Iranian media have reported that Tahmasb Mazaheri, the governor of the country's central bank, is to be replaced less than nine months after taking the top job.

IMF financing model becoming unsuitable

International Monetary Fund financing is increasingly unlikely to be sufficient to meet the demands of its higher-risk members, research published by the Bank of England finds.

Noyer's gloomy outlook for policymakers

Central bankers are likely to face a tough challenge in balancing the risks to financial and price stability in the coming years, Christian Noyer, the governor of the Banque de France, said.

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