July 14, 2006

Europe and the world

SWIFT will likely escape criminal penalties in Belgium

by Scott Martens

Today’s Le Soir is reporting on the conclusions that the Belgian parliamentary committee on intelligence services (the Comité R) seems to be coming to in its closed door hearings on the SWIFT banking information affair (see here and here). The article is in the print edition of Le Soir, and online for a fee.
According [...]

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July 5, 2005

Currencies

Christian Noyer: Much Ado About Nothing?

by Edward Hugh

The euro fell briefly below $1.19 yesterday. There is nothing surprising or exceptional about that, the common currency has been drifting steadily downwards against the dollar for a number of, by-now, pretty well known reasons - better economic performance in the US, a growing interest rate differential between the ECB and the Fed, political issues [...]

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