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Miles Kimball, economics professor at the University of Michigan who blogs at Confessions of a Supply-Side Liberal, is fast becoming the poster child for the movement to introduce an e-money solution to overcome the ZLB problem.
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The triennial central bank survey of foreign exchange and derivatives market activity from the BIS is out.
But if you are interested in how financial centres stack up against each other you’ll need to consult this table: (Click to enlarge)
We missed this speech by Lord Hope, the former Deputy President of the UK Supreme Court, last week. Shame.
It covers the plight of Rangers Football Club, the Insolvency Act 1986; why legal textbook writers don’t have to be dead before you can cite them any more; and the implications of the court’s May decision in the Eurosail case — one of the most important judgments for securitisation law in years. Read more
Live markets commentary from FT.com
US new car sales back to pre-crisis pace / Dutch offer to renegotiate tax treaties / Facebook in fresh privacy fight / Eurogroup plans bailout exit support for Ireland Read more
Asian stocks mixed || EM currencies stronger || BoJ holds, economic view optimistic || US Treasury set to approve Smithfield Foods’ acquistion by Shuanghui || Lloyd’s of London warns systemic problems’ loom in insurance || Microsoft wins landmark patent case against Google Motorola unit || Rajan takes helm of RBI today || ETFs ‘godfather’ to leave KCG Read more