The ECB is expected to cut rates and unveil a new package of bank aid on Thursday, with markets also watching for any hint it will intensify its bond buying support for the bloc's struggling periphery, setting the stage for a critical eurozone summit. ...

Like many nations around the world, the function of the banking system in Brazil includes a central bank. This bank, the Banco Central do Brasil, serves as the primary force behind monetary policy within the country. Formed in 1964 and functioning under t...

The role of central banks in protecting the integrity of the economy is crucial. In fact, this role is often considered to be key to whether or not a nation experiences extreme financial shifts, such as severe recessions or periods of inflation and how lo...

In a nutshell, the vision of the Russian government for future development of the national banking sector may be summarised as follows: Russian banks must become bigger and stronger. Having fought the liquidity crisis throughout 2009 and dealt with the fi...

The financial crisis of 2008 pushed the Brazilian economy into recession starting in the fourth quarter of 2008, mainly by limiting the ability of small and medium banks and companies to obtain funding in the market and by causing problems with credit por...

The report publishes the result of research by The World Bank Group into the competitiveness of 87 states with regard to FDI. It is based on the premise that the factors on which global companies base their investment decisions have changed in the last co...

Dozens of countries are trying to gain a trading advantage through devaluing their currencies by various means. Worried central bankers now fear that currencies will become a “weapon of war” as nations struggle to recover from the financial crisis. In...

While few people would disagree that “Africa’s Bank” deserved this hefty financial injection, even so some observers were surprised the institution achieved it in the face of a world economic and financial crisis. Part of the answer to the bank�...

"The July 2010 price data from KNBS (Kenya National Bureau of Statistics) showed inflation to be 3.6 percent relative to 3.5 percent and 3.9 percent in June and May 2010," the central bank's Monetary Policy Committee (MPC) said in a statement.Central bank...

Still, investors and analysts thought it was only a matter of time before the Reserve Bank of Australia (RBA) would have to take rates further given the strength of the economy."The RBA has announced that "Phase One" of its tightening is over," said Macqu...