Monetary economics
Man rams car into bank in Turkey's south, says he is 'against monetary system'
A man has rammed his car into a private bank in the southern province of Antalya's Muratpaşa district, saying he is "against the monetary system."
Cem Mustafa Demir, 28, was caught as he was about to set the bank vault on fire, Doğan News Agency reported March 3.
Bank of Greece: Deal, or momentum is lost
The Bank of Greece is sticking to its forecast which sees the economy expanding 2.5 percent this year, according to its annual report presented yon Friday by Governor Yannis Stournaras, though he warned that the economy will face a series of uncertainties unless an agreement is reached swiftly by the government and the country's creditors.
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Fed policymakers confident of need for rate hikes on eve of Trump win
Federal Reserve policymakers appeared confident on the eve of the U.S. presidential election that the economy was strengthening enough to warrant interest rate increases soon, minutes from the Fed's Nov. 1-2 meeting showed.
One in six euros in bank deposits is 'new money'
More than 20 billion euros, out of a total of 123 billion in deposits at Greek banks, are now considered to be "new money," some three months after the easing of capital controls.
This new money is not affected by cash withdrawal limits, which today amount to 840 euros per couple of weeks.
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PM mounts effort to turn tide against gov't in bid for debt relief and QE inclusion
The government's mistakes in the first half of 2015 have undermined its credibility, while the repeated delays of the country's bailout reviews have created an environment which is anything but investment-friendly.
US vulnerable to global slowdown, volatility: Fed's Fischer
The U.S. economy could suffer, with inflation remaining too low, if recent volatility in financial markets persists and signals a slowdown in the global economy, the Federal Reserve's second-in-command said on Feb. 1.
Fed to dominate week of central bank meetings
The U.S. Federal Reserve takes center stage in the coming week, eclipsing industry data from China, another grim inflation reading from the euro zone and rate decisions in Japan and Switzerland.
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Vulnerability to foreign currency debt shifting in emerging markets: Moody's
A push by emerging market countries over the last 15 years to borrow a smaller proportion of their debt in foreign currencies should make them less vulnerable to economic shocks, a new report from Moody?s said on Sept. 1.
ECB Growing financial risk appetite within a gradual economic recovery
- - Euro area systemic stress remained low in past six months amid improving, but still subdued, economic growth
- - Financial markets show continued asset price rises and bouts of volatility, but without generalised overvaluations
- - Challenging operating environment for euro area banks and insurers, while rapid growth of shadow banking sector continues
The Era of Global Paradoxes Aspects of the New Threats in the Middle East
The state of world affairs over the past decade has been characterized by complexities that defy easy analysis and prognostication. Global developments experienced during the previous year have only added to existing difficulties-particularly in terms of guidance and progress.