Topic: Mervyn King
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Japanese yen plunges to four-year low. G7 unlikely to act.
Japanese yen's plunge vs. the dollar makes its exports cheaper and its companies more competitive. G7 finance ministers will focus on the Japanese yen at talks in the UK this weekend.
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New global rule: Banks must keep more cash to weather crises
International banking regulators agreed Sunday on global rules that would require banks to keep enough cash and liquid assets on hand to survive an acute 30-day crisis.
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Senators push Bernanke: Was Fed asleep in the LIBOR rate scandal?
Fed Chairman Ben Bernanke was questioned by senators Tuesday about the central bank's role in the LIBOR rate-setting scandal. He said the Fed had pushed for reform of the rate setting process in 2008 when it became concerned about manipulation of the influential benchmark.
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Barclays scandal prompts furious public backlash in Britain
Barclays CEO Robert Diamond resigned today. As investigations of lending rate manipulation continue a government official says a 'culture that had flourished in the age of irresponsibility' must end.
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Stefan Karlsson British inflation grows and grows. Is it temporary?
The British inflationary rate increased again in March, despite stagnant economic growth. Is it cause for worry?
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Interest rates: Will the Fed signal a boost?
Interest rates were supposed to be kept low by the Federal Reserve's bond-buying program. Ben Bernanke will meet with the press on Wednesday, and investors will listen for clues about when the Fed might change its policy with interest rates.
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Interest rates: Bank of England holds steady
Interest rates were kept at their historic lows. Critics say the Bank of England should raise interest rates to battle stubborn inflation.
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Stock market: News-laden week starts lower globally
Stock market news was slightly negative Monday morning, as world markets fell and earnings expectations were weak.
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Taking another look at how we measure inflation
Since no central bank could ever gather and process enough information to have a genuinely accurate idea of what is going on as millions of prices fluctuate against each other, is a completely non-targeted accurate measure of the market possible?
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In final UK election debate, candidates dodge No. 1 issue: the deficit
David Cameron topped snap polls after last night's final debate ahead of the May 6 UK election. But he, Brown, and Clegg all stand accused of avoiding discussion of how to reduce Britain's massive deficit.
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Big banks are too big – and unproductive
They're hurting the mainstream economy and providing 'a hundred trillion [dollars] of worthless activity'
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Money Daily Brief: G20 is world's new economic order
Investors worry that G20 limits on bankers' pay would hurt financial stocks.
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Opinion: The real solution to the financial crisis: recession
Stubborn efforts to avoid it have stoked the crisis.







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