Germany

A mix of the old and new for central banks

While leading central banks around the world on Monday took similar steps to those seen in recent months to inject liquidity into fear-ridden money markets, the American authorities' response to the latest shocks signals a distinct shift in policy.

Weber defends mark to market

Axel Weber, the president of the Deutsche Bundesbank, says it is crucial to stick to fair value accounting, especially under adverse market conditions.

Germany set to suffer from US slump

Germany will suffer from the downturn in the US and the weakness of the dollar as exports - contrary to what many politicians and entrepreneurs believe - are unlikely to rise, claims Norbert Walter, the chief economist of Deutsche Bank.

The EU's approach to SWFs is commendable

The EU Commission's proposal for sovereign wealth fund policies are to be welcomed, says Norbert Walter, the chief economist of Deutsche Bank Group. And it is in the interests of the funds themselves to support this course.

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