Economics
Carney point finger at China in first speech
Mark Carney, in his first speech as governor of the Bank of Canada, said that China is partly responsible for the subprime disaster that has dragged North America into a slump and disturbed financial markets around the world.
Australia to screen sovereign wealth funds
Australia has issued a set of screening criteria to be used by the country's regulators in determining whether to allow investment made by sovereign wealth funds.
China's inflation rises steeply
China's inflation rose at the quickest rate for over 11 years after the worst blizzard in half a century disrupted the country's food supplies, paralysing transport and destroying crops.
Poland targets ERM-2 by 2011
Marian Noga, a member of the ten-strong council of the Polish central bank, said on Monday that Poland should join the ERM-2 exchange rate mechanism in 2011.
Mishkin on Fed flexibility
In a speech on 15 February, Fed governor Frederic Mishkin explained how the Federal Reserve has used four different tools to accomplish its objectives of achieving price stability and maximum employment in recent months.
The choice of currency for oil invoicing
This paper by Elitza Mileva and Nikolaus Siegfried, which forms one of an occasional series from the European Central Bank, examines the possibility and impact of pricing oil in euro.
Zimbabwean inflation hits fresh record
The official count of Zimbabwean inflation indicated that the rate of price growth more than doubled in December.
Barbados' Williams praises finance industry
The performance of the domestic financial sector in Barbados over the past 25 years has been nothing short of spectacular, said Marion Williams, the governor of the Central Bank of Barbados.
Malawi's Mbewe advises on building market links
Successful cross-border financial market link-ups require the harmonisation of foreign exchange controls, regulation and tax frameworks, said Victor Mbewe, the governor of the Reserve Bank of Malawi.
ECB bulletin notes downside risks
The European Central Bank's latest Monthly Bulletin details the downside risks to eurozone growth fully confirmed earlier in February.
Bulgaria's Manchev supports labour reform
Tsvetan Manchev, a deputy governor at the Bulgarian National Bank, has praised measures aimed at boosting employment.
Convergence rules best route to euro-adoption
The structured convergence process towards euro adoption provides the best guarantee for a smooth inclusion and a mutually beneficial life in the monetary union, Jurgen Stark, a member of the European Central Bank's executive board, said.
Serbia's Jelasic blames media for misery
Much of the Serbian people's discontent regarding the speed of societal change is media-shaped, said Radovan Jelasic, the governor of the National Bank of Serbia.
Emerging markets set to suffer, says IMF head
Dominique Strauss-Kahn, the managing director of the International Monetary Fund, has said that the turmoil in the US subprime market will affect emerging market growth.
Slow growth but no recession, says Fed's Yellen
The US economy will not fall into recession this year, said Janet Yellen, the president of the San Francisco Federal Reserve.
Rural banking trends disrupted by changes
The relationship between traditional measures of market concentration and performance in the United States banking sector is changing in small, isolated, rural markets, research by the Kansas City Fed finds.
Uncertainty clouds possible Muto appointment
Japan's ruling party have denied reports that they are set to nominate Toshiro Muto, a deputy governor at the Bank of Japan, to replace Toshihiko Fukui, the departing governor.
Indonesia's Abdullah to step down in May
Burnahuddin Abdullah, the governor of Bank Indonesia, has said that he does not want to serve a second term at the central bank.
Reservation wage related to benefit payments
Higher unemployment benefits lead to higher reservation wages, research published by the Bank of Portugal finds.
Estonia's Sutt optimistic on economy
It is a time for change and opportunity for the Estonian economy, said Andres Sutt, a deputy governor at the Bank of Estonia.
No link between early retirement and youth trends
There is little link between rates of early retirement and youth unemployment, research published by the International Monetary Fund finds.
World Bank poll less pessimistic than IMF outlook
Financial turmoil is likely to have a relatively small impact on the global outlook, the World Bank's optimistic Global Economic Prospects finds.
IMF report notes decline in transparency
The publication rates for some of the International Monetary Fund's country reports fell in 2007, the third annual report on the implementation of the Fund's transparency policy finds.
Central Bank of Venezuela - Economic Report 2006
Strong global economic growth in 2006 boosted the average price of Venezuelan oil by 22%.