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Higher reserve requirements in the euro zone mean that its central bank has to inject more cash than the Fed to achieve the same effect, says Julian Callow at Barclays Capital.
ECONOMIST: A liquidity squeeze
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Headline inflation in India fell below 5% in April, reaching the Reserve Bank of India's "comfort zone" for the first time in more than three years, financial daily Business Standard reports.
BBC: Indian media: Police violence
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The calibre (cal FC-938) contains a new second time zone functionality and a 42-hour power reserve.
FORBES: Fr��d��rique Constant's Heart Beat Manufacture GMT Automatic
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Both the core area and the buffer zone are part of the Mount Kuwol Nature Reserve, which was designated in 1976.
UNESCO: Natural Sciences
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The new extension incorporates the transition area that was not included in the previous nomination and enlarges the buffer zone, tripling the total area of the Reserve.
UNESCO: EDUCATION