Mauritian Central Bank Governor Rundheersing Bheenick said his concern over inflation is a minority view among monetary policy makers including Finance Ministry representatives who want lower rates to boost growth.
Angola, Africa’s biggest oil producer after Nigeria, plans to merge agencies for tax collection and customs by 2017 to help reduce its dependence on petroleum, according to an analyst at the London School of Economics.
After his landslide re-election in 2007, Prime Minister Recep Tayyip Erdogan pledged to govern on behalf of all Turks, not just those who voted for him. Underlying the past week’s unrest is a belief among some Turks that he hasn’t kept that promise.
Myanmar’s efforts to catch up with the world around it after half a century of military rule is being put to the test this week as a summit of government and business leaders fills hotels and stretches phone networks.
Eating in the employee cafeteria was considered outré for Federal Reserve governors when Janet Yellen joined the board in 1994 -- so much so that a writer for the Minneapolis Fed’s quarterly magazine, The Region, called her on it in an interview.
Russian President Vladimir Putin’s changing attitude toward two giant government-led high-tech projects sends a troubling message about his third term in office: Maintaining power is more important than modernizing the economy.