Latest News for: Europe central banks

Edit

The Forever Collapse: One Year On From the Beirut Blast

Vice 04 Aug 2021
Flush with international donations and loans for rebuilding the country, along with money from Lebanon’s millions-strong diaspora, the country’s central bank set the exchange rate of the lira to the dollar at 1,500 to 1, rather than using a floating exchange rate, as is the case in most countries around the world.
Edit

Finance Minister: Hungary’s High Inflation Rate ‘Temporary’

Hungary Today 03 Aug 2021
Hungary’s current high level of inflation is temporary and, as long as the central bank makes full use of the tools at its disposal, consumer prices may return to around 3 percent next year, Finance Minister Mihály Varga said on Monday ... “I agree with the central bank that higher inflation is dangerous,” he said.
Edit

End Private Donations to FDA & CDC – NOW!

Armstrong Economics 03 Aug 2021
If I was managing a big public fund or just a big private investor, the Federal Reserve, Treasury, and every other central bank in the world would NEVER be allowed to talk to me. Even when I would go to meetings in Europe, I was not allowed to bring a British staff member as he ...
Edit

German business group says ECB rates policy threatens euro

Reuters 02 Aug 2021
"It is a fatal signal that the central banks in the United States and Europe have achieved new margins by reformulating their interest rate strategies, holding on to zero and negative interest rates for longer and living with higher inflation rates," Steiger added.Reporting by Joseph Nasr Editing by Douglas Busvine and David Holmes.
Edit

The Big Capital Shift – Economic Future of Uncertainty

Armstrong Economics 02 Aug 2021
Spread the love ... Governments are moving toward MMT because both Europe and Japan have wiped out their bond markets. Their central banks are buying the debt because they can’t really sell it anymore ... Schwab’s World Economic Forum controls Europe and they have their tentacles deep into the Biden Administration ...  .  . .
Edit

A year after Beirut blast, Lebanon sinks deep into mire of corruption

The Observer 01 Aug 2021
Billions more from Europe has been conditioned on an audit of the opaque central bank, which has been critical to the movement of Lebanon’s wealth ... This country’s central bank reserves have dipped below mandatory requirements, meaning an imminent end to subsidies in place to safeguard even the middle classes.
Edit

Okcoin Secures Crypto Licenses in Malta and the Netherlands

Bitcoinist 30 Jul 2021
The company will be able to build more banking relationships and payment rail connections across Europe as a result of its registration with the Dutch Central Bank. Since 2018, Okcoin has provided crypto-to-crypto trading to Dutch customers and has been registered as a crypto service provider with the Dutch Central Bank since 2020.
Edit

Italy and Spain help to push eurozone out of recession

The Observer 30 Jul 2021
Guardian business email sign-up. Eurostat also said that higher energy prices caused eurozone inflation to rise from 1.9% in June to 2.2% in July – the highest annual rate since October 2018 and slightly above the European Central Bank’s 2% target rate. Andrew Kenningham, the chief Europe economist at the consultancy Capital Economics, said ... .
Edit

RPT: ANALYSIS - More Extreme Weather Events Likely in Europe as Floods Leave More Than ...

Urdu Point 29 Jul 2021
The scale and severity of this summer's floods have led to comparisons with events that took place in the summer of 2002, when a week of sustained rain caused several major rivers in central Europe to burst their banks ... Europe has warmed by 1�C over the past century ... CAN EUROPE ACT TO PREVENT FURTHER DEVASTATION?.
Edit

More Extreme Weather Events Likely in Europe as Floods Leave More Than 200 Dead

Urdu Point 28 Jul 2021
The scale and severity of this summer's floods have led to comparisons with events that took place in the summer of 2002, when a week of sustained rain caused several major rivers in central Europe to burst their banks ... Europe has warmed by 1C over the past century ... CAN EUROPE ACT TO PREVENT FURTHER DEVASTATION?.
Edit

Market Talk – July 27, 2021

Armstrong Economics 27 Jul 2021
The European Central Bank confirmed its expansive monetary policy this week, in accordance with its recently reviewed inflation target and in a context of growing Covid 19 contagions that threaten recovery ... The central bank has maintained rates near zero since the pandemic began ...
Edit

Economic stimulus policies must reorient from ‘revive’ to ‘thrive’

Indian Express 27 Jul 2021
This will compel their respective central banks to begin normalising the extremely loose monetary policies earlier than anticipated ... Europe’s recovery had begun to inch up, but members of the European Central Bank have begun to push back on market expectations of early tapering.
Edit

EDITORIAL: BOJ should think carefully before backing climate change programs

Asahi News 26 Jul 2021
The central bank plans to provide funds at a zero interest rate for investments and loans by private financial institutions that are deemed as “efforts to address climate change.” ... Similar arguments have been made internationally, and central banks in Europe are taking a positive stance toward climate change initiatives.
Edit

Danske still feels repercussions from one of Europe’s biggest money-laundering scandals

Business Day 26 Jul 2021
Three years after the world learnt of Danske Bank’s central role in one of Europe’s biggest money-laundering scandals, the cost of that stunning failure of governance is still palpable ... The sector, which has absorbed sub-zero central bank rates since 2012, didn’t apply the policy to regular customers until 2019.
×