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A collection of news and information related to Central Bank published by Tribune Company sources.
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Icelanders, demanding bank chief's ouster, rally to protest economic meltdown
Associated Press WriterREYKJAVIK, Iceland (AP) _ Thousands of Icelanders marked the 90th anniversary of their nation's sovereignty with angry protest Monday, and several hundred stormed the central bank to demand the ouster of bankers they blame for the country's spectacular...Tags: Banking, Riots, Public Employees, Government, Economy
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European Central Bank, Bank of England under pressure to cut aggressively amid deepening gloom
AP Business WriterLONDON (AP) _ The European Central Bank and the Bank of England are under mounting pressure to cut interest rates aggressively this week amid signs that the economic slump will be deeper and more prolonged than previously expected. While many observers...Tags: European Union, Business, Money and Monetary Policy, Economic Policy, Economy
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European Central Bank to restart bids for building new HQ in Frankfurt
FRANKFURT, Germany (AP) _ The European Central Bank will reopen the bidding process for companies that want a hand in building its new headquarters. But the bank may wind up not building at all if it can't stay within the original budget. The central... -
Money sent home by Mexicans living abroad jumps 13 pct as peso weakens against the dollar
Associated Press WriterMEXICO CITY (AP) _ Victoria Servin shows off her new pair of black leather boots, a splurge for the 21-year-old student who lives alone in an aging, one-room apartment. Servin survives on the $1,000 a month her mother, a nurse in Phoenix, sends her to...Tags: Illegal Immigrants, Migration, Demographics, International Economic Institution, Economic Organization
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Japan central bank to hold extra meeting Tuesday
TOKYO (AP) _ Japan's central bank will hold an unscheduled monetary policy meeting Tuesday afternoon to discuss ways to help companies raise money amid a pullback among lenders. Bank of Japan Gov. Masaaki Shirakawa called the meeting Monday after...Tags: Loans, Money and Monetary Policy, Economic Policy
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Credit markets remain tight in US despite Fed's big rescue packages; euro zone markets loosen
AP Business WriterLONDON (AP) _ Interest rates on three-month dollar loans between banks rose for the third day Monday, as financial companies' funding concerns lingered despite last week's announcement by the Federal Reserve it would provide hundreds of billions of...Tags: Money and Monetary Policy, Federal Reserve
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Euro, pound fall against dollar as investors look to central bank meetings Thursday
FRANKFURT, Germany (AP) _ The euro fell against the dollar on Monday as investors looked to Thursday's meetings of the European Central Bank and the Bank of England. Analysts expect both banks to cut their interest rates. The 15-nation euro bought $1....Tags: Money and Monetary Policy, Credit Ratings, Foreign Exchange Market
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NY politicians have 'E-ZPass to the White House'
jennifer.kelleher@newsday.comThere's the senator from upstate Chappaqua, the financial whiz president of the Federal Reserve Bank in Manhattan, a Queens native turned federal prosecutor, the Bronx borough president and a legislative guru with roots in Baldwin. When all is in place,...Tags: Heads of State, New York University, Social Sciences, Stony Brook University, Seaford (Nassau, New York)
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Russian ruble allowed to weaken further as central bank raises interest rates
MOSCOW (AP) _ The Russian Central Bank allowed the ruble to weaken about 1 percent against the dollar and the euro while also hiking interest rates by a full percentage point on Friday. The depreciation in the ruble suggests the Central Bank has for...Tags: Money and Monetary Policy, Petroleum Industry
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Singapore's central bank warns economy, already in recession, will weaken further
Associated Press WriterSINGAPORE (AP) _ Singapore's central bank warned the city-state's economy, which slid into recession in the third quarter, will continue to weaken, hurting corporate profits and sparking job cuts. "The economy has slowed down sharply and is expected to...Tags: Unemployment, Economy, Lehman Brothers Holdings Incorporated, Petroleum Industry
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Zimbabwe labor leaders call for run on banks in new form of protest
Associated Press WriterHARARE, Zimbabwe (AP) _ Labor leaders called on Zimbabweans Thursday to demand more money for food and medication than they are allowed to take out of their bank accounts because of tight daily withdrawal limits. The cost of basic medications amid a...Tags: Heads of State, Banking, Pharmaceuticals, Government, Unions
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South Korea to make first use of US currency swap agreement
AP Business WriterSEOUL, South Korea (AP) _ The Bank of Korea said Thursday that local banks will have their first chance to utilize a currency swap deal with the U.S. Federal Reserve aimed at alleviating a dollar shortage caused by the global credit crunch. The central...Tags: Financial Markets, Money and Monetary Policy, Auction Service, Federal Reserve, Foreign Exchange Market
Dec 1, 2008
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Dec 1, 2008
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Nov 30, 2008
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Nov 28, 2008
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Nov 27, 2008
|Story| Associated Press
Nov 26, 2008
|Story| Associated Press
