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The Reserve Bank of India Governor Raghuram Rajan cut the overnight lending rate by one quarter percentage point to 7.25% on June 2, 2015.
The Reserve Bank of India Governor Raghuram Rajan cut the overnight lending rate by one quarter percentage point to 7.25% on June 2, 2015.
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Ma Jun, economist who worked for the IMF, World Bank, and Deutsche Bank is the Chief Economist of the People's Bank of China (PBOC) in April 2014.
Ma Jun, economist who worked for the IMF, World Bank, and Deutsche Bank is the Chief Economist of the People's Bank of China (PBOC) in April 2014.
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Sophie Landrin's Le Monde report on Sri Lanka Ditwah cyclone devastation December 9 2025. Her report with pictures of the destruction wrought by the cyclone show parts of the Kandy region in the mountainous uplands in the central part of Sri Lanka, including the University of Peradeniya. There was no warning when the cyclone hit with 10,000 of 16,000 student on the campus. This is the worst cyclone to hit Sri Lanka in the last hundred years. Sri Lanka is a island nation that is Buddhist located at southern tip of India. It has been hit by a civil war, financial crisis with no central bank reserves, the pandemic, and now the cyclone.
Sophie Landrin's Le Monde report on Sri Lanka Ditwah cyclone devastation December 9 2025. Her report with pictures of the destruction wrought by the cyclone show parts of the Kandy region in the mountainous uplands in the central part of Sri Lanka, including the University of Peradeniya. There was no warning when the cyclone hit with 10,000 of 16,000 student on the campus. This is the worst cyclone to hit Sri Lanka in the last hundred years. Sri Lanka is a island nation that is Buddhist located at southern tip of India. It has been hit by a civil war, financial crisis with no central bank reserves, the pandemic, and now the cyclone.
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Original article 1 minute, gist 1 minute
Original article 1 minute, gist 1 minute
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Miguel Angel Fernandez Ordonez, resigns as Governor of the Bank of Spain. He was appointed by former President Zapatero and has come under strong criticism for not identifying problems and taking earlier action about problems with the cajas savings banks which were combined to form Bankia. Bankia's bad debt problems come from Bancaja and Banco de Valencia. Both are based in Valencia, with bad loans to the construction sector in the housing bubble that collapsed in 2009. The 13.9 million euro pension for Mr Izquierdo, one of Bancaja's executives has also come under strong criticism.
Miguel Angel Fernandez Ordonez, resigns as Governor of the Bank of Spain. He was appointed by former President Zapatero and has come under strong criticism for not identifying problems and taking earlier action about problems with the cajas savings banks which were combined to form Bankia. Bankia's bad debt problems come from Bancaja and Banco de Valencia. Both are based in Valencia, with bad loans to the construction sector in the housing bubble that collapsed in 2009. The 13.9 million euro pension for Mr Izquierdo, one of Bancaja's executives has also come under strong criticism.
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The ECB and the Bank of England cut interest rates to near zero.
The ECB and the Bank of England cut interest rates to near zero.
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Wei points out the limited impact of the cut in rates in China in Nov. 2014, because banks are not likely to lower loan rates to protect profits.
Wei points out the limited impact of the cut in rates in China in Nov. 2014, because banks are not likely to lower loan rates to protect profits.
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