22
02/11
The question of who succeeds Jean-Claude Trichet as president of the European Central Bank is not being discussed at this week’s Group of 20 meeting according to German Finance Minister Wolfgang Schaeuble who said the matter will be dealt with after March. (more…)
16
11/09
By Krishna Guha @ FT
When finance ministers and central bank governors met in Istanbul this month amid angst about the declining dollar, Tim Geithner was anxious to impart a basic message. “We recognise the dollar’s important role in the system conveys special burdens and responsibilities on the US,” the Treasury secretary told journalists. “And we’re going to do everything necessary to sustain confidence.” (more…)