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Who really matters at the Bank of Japan?

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When Japanese Prime Minister Shinzo Abe nominated Haruhiko Kuroda to a second term as governor of the Bank of Japan (BOJ), he gave the central banker a gift that might hold the key to policy over the next five years. Far from simply pushing the Bank of Japan towards further easing, Abe has provided Kuroda with room to maneuver should ...

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One question investors should ask now and then

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How committed are you to a belief system? Answering that question has the potential to reveal flaws in our thought processes about many things, from politics to economics to cultural issues. Whether you are committed to one big idea, or are fascinated by a variety of things might also determine how successful you are as an investor. I was reminded ...

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Latvia central banker accused of extortion in deepening scandal

Governor of latvia central bank deatained on allegations of corruption investigation

Bloomberg Latvia’s banking scandal deepened as its central bank chief and representative to the European Central Bank faced accusations of repeatedly trying to extort money from a local bank, in a blow to the Baltic state’s reputation. The Latvian government has repeatedly demanded that Ilmars Rimsevics step down after the country’s anti-corruption agency arrested him over the weekend on suspicion ...

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