The European Union recently approved plans for Northern Rock to be split into a "good" and "bad" bank - paving the way for a partial sale.

BBC: Taxpayer's bail-out of banks 'justified', says NAO

After weeks of speculation, Brazil's president-elect Dilma Rousseff has finally confirmed that she will be changing the central bank's governor, paving the way for big interest rate cuts.

BBC: Brazil's inflation hawk Henrique Meirelles bows out

There's a risk that the Bank will always be fighting the last war and thus - possibly - paving the way for the next one.

BBC: A new target for the Bank of England?