Articles
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ECB set for rate cut as inflation falls sharply
The European Central Bank is expected to cut its main interest rate for the first time in 10 months on Thursday, driven to act by an economy wallowing in recession and freed to do so by sharply falling inflation. #NewsTracker #European Central Bank #Eurozone crisis #Mario Draghi #Rate cut
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Don't count gold out: it may be the last man standing
The US and Europe have a keen interest on keeping gold down. So, despite the fall of gold, this is not the time to write off the metal #Central banks #Gold prices #dollar-quoted yellow metal #The Gold Bug
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Why central banks are a joke; we need more honest money
Never mind about the correction in gold prices; the debasement of currency by central bankers is making the rise of alternative private money inevitable #Gold #RBI #Central banks #BitCoin
Blog posts
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European Union vs Indian Union: Why Bengal isn't Greece
The rupee may be sinking, but it can never go down like the euro. Here's what's different between the European Union and the Indian Union. #ConnectTheDots #Euro #EU #European Central Bank #PIIGS #Indian Union
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There's a lot the ECB can learn from the RBI
The ECB can save the euro by managing eurozone debt, not by buying its bonds but by making sure each government acts responsibly, just the way RBI is doing with the 28 states. #HowThisWorks #European Union #Euro #Italy #European Central Bank #Mario Draghi #NotJobsButPassion
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China-India in lock-step: No sacrificing growth for inflation
Both India and China appear unwilling to sacrifice growth beyond a point in order to tame inflation. #Inflation #China #Central bank #ConnectTheDots #Subbarao #Growth
Wire
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DawnJapan’s central bank says economy picking up
Japan's economy grew 3.5 per cent in the last quarter, but progress in increasing exports and boosting corporate investment and wages has lagged. —Reuters (File) Photo TOKYO: Japan's central bank says the world's third-biggest economy is ''picking up'' a #Bank of Japan
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The Seattle TimesJapan's central bank says economy picking up
Japan's central bank says the world's third-biggest economy is "picking up" as demand recovers in other countries and remains resilient at home. The Bank of Japan ended a policy meeting on Wednesday with no change to its strategy of doubling the monetary #Bank of Japan
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Mail.comGerman central bank: Economy to improve 'markedly'
FRANKFURT, Germany (AP) — Germany's central bank expects the country's economy to improve "markedly" in the second quarter — a development that could boost the wider eurozone as it struggles to get out of recession. The Bundesbank said Tuesday that Europ #European Central Bank #Bundesbank