Chicago Tribune (April 20)
J.B. Pritzker, the Illinois governor, has done “more than this inadequate and lame leader in Washington. Pritzker has donated $2 million of his own personal money, as well as is dealing with China directly to get PPE supplies instead of waiting on this dysfunctional administration. He has taken the bull by the horns to try and save people.”
Tags: China, Donated, Dysfunctional, Governor, Illinois, PPE, Pritzker, Supplies, Trump, Washington
Reuters (December 16)
With Mark Carney on the way out, the next Governor of the Bank of England will need to “believe in magic…. If all goes well, he or she will not only face the developed world’s current issues of stubbornly low inflation rates, easy credit and climate change. If Brexit also goes wrong, the new bank chief will also need some preternatural gifts.”
Tags: BOE, Carney, Climate change, Developed world, Easy credit, Governor, Inflation, Magic, UK
The Guardian (July 29)
“It is a race to take charge of the world’s largest city—a metropolis with a population more than half the size of the United Kingdom and with a GDP greater than all but 10 countries.” But the Tokyo Governor’s race is probing new lows with “mud slinging and misogyny,” as well as “events that some say highlights the worst of Japan’s male-dominated politics.”
Tags: GDP, Governor, Japan, Male dominated, Metropolis, Mud slinging, Politics, Population, Tokyo, UK
Financial Times (February 6, 2014)
“In an era when much of the world is worried about the possibility of drifting into Japanese-style deflation, one country has precisely the opposite problem: unbridled inflation.” Over the last 5 years, India’s consumer prices have been rising annually by close to 10%. “That is no small matter for the multitudinous poor, for whom escalating food prices can summon the spectre of hunger. Nor does it do much for macroeconomic stability, which India badly needs in this year of tapering and tricky political transition.” Fortunately, new central bank governor Raghuram Rajan looks “up to the task.” With his tough policies, he may prove the Paul Volcker of India.
Tags: Central bank, CPI, Deflation, Food, Governor, Hunger, India, Inflation, Japan, Macroeconomics, Paul Volker, Poor, Raghuram Rajan, Stability
Euromoney (November 26)
The UK looked outside in appointing the Bank of England’s next governor. “The surprising appointment of Mark Carney, Bank of Canada governor, could have profound consequences for the UK’s monetary framework, financial services industry and global bank reform drive.” Carney had been named Euromoney’s Central Bank Governor of the Year for 2012, an award he accepted in Tokyo during the IMF/World Bank meetings.
Tags: Bank of Canada, Bank of England, Governor, Mark Carney, Reform