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Independence, then accountability, for ECB - Financial Times
Having failed to bring the European Central Bank to heel with tantrums, President Nicolas Sarkozy of France is now trying to undermine the ECB with a Trojan Horse package of reforms. He has unveiled plans to publish minutes from the central bank’s ...
Read more...State's reserve account overflowing - Lincoln Journal Star
Nebraska’s legislative leaders won’t speculate about the reasons for higher-than-expected tax revenues . Wait until October, said Speaker Mike Flood and Appropriations Committee Chairman Lavon Heidemann. The state will have better information on ...
Read more...IMF warns of currency mismatches - Financial Times
The euro is overvalued, even though the dollar is close to its equilibrium value, the International Monetary Fund said on Tuesday, warning that new exchange rate misalignments could be emerging. “In our view the euro is now overvalued relative to ...
Read more...House backs $8 billion for highway trust fund - FOX News
WASHINGTON — The House on Wednesday approved an $8 billion infusion into the highway trust fund, restoring temporary solvency to the federal account essential to keeping the nation's roads and bridges safe, functional and in good repair. By ...
Read more...Banking with the big four could be costing you - Daily Mirror
Banking with one of the big four could be costing you a packet. If your current account is with Barclays, HSBC, Lloyds TSB or NatWest, you probably earn a measly 0.1 per cent interest on credit balances. A basic-rate taxpayer with an average balance ...
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