China launches Asian infrastructure lender
The World Bank and the Asian Development Bank will soon be joined by the Asian Infrastructure Investment Bank. 21 nations in the region have signed up to the new Chinese backed bank. But the US sees it as a challenge to western backed lenders like the World Bank. After a look, we ask New York correspondent Lars Halter what's irking America.
More than it can chew?
Some analysts say the European Central Bank is biting off more than it can chew. Following its stress tests for lenders, it will also soon assume the role of supervisor of the eurozone's biggest banks. There is concern about conflicts of interest.
ECB cash not making it into real economy
Europe's banks are working hard to regain the confidence of markets, but they don't seem to be doing much for their smaller clients. And the ECB's cheap long term loan facility isn't getting through to the real economy in the way of loans to companies. That's especially true in Spain.