Economics

Ordoez urges labour reform

Labour-market reform is crucial for the Spanish economy's future, said Miguel Ordoez, the governor of the country's central bank.

Zim's Tsvangirai: Gono's fate "first on agenda"

Morgan Tsvangirai, the prime minister of Zimbabwe, has said that the standing of Gideon Gono, the governor of the country's Reserve Bank, is the top priority for the new legislature. The prime minister's statement follows claims by the new finance…

EU could face fiscal-pact threat

The European Commission's November 2008 fiscal stimulus may undermine the Stability and Growth Pact, Jan Qvigstad, the deputy governor at Norges Bank.

Carney sees "muted" 3.8% recovery in 2010

In testimony before parliament earlier this week, Mark Carney, the governor of the Bank of Canada, described the Bank's expectation of a 3.8% recovery in real GDP growth in 2010 as "muted".

Kamezaki on the causes of the crisis

Hidetoshi Kamezaki, a member of the Bank of Japan's board, said economies and financial markets are constantly changing due to the expansion of the market economy and globalisation.

King presents gloomy outlook

The Bank of England has revised its forecast for growth in the British down sharply and says the recovery will depend "to a significant extent on developments in the rest of the world where a severe economic downturn has taken hold."

Fed still has weapons - Yellen

Janet Yellen, the president of the Federal Reserve Bank of San Francisco, says the Fed still has weapons left in its arsenal to address a "severely depressed" economy.

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