History turns full circle as G7 alarm bells ring over energy once again First meeting in 1975 grappled with the oil shock – now it is Russia’s war in Ukraine creating angst The Guardian - UK · Jun 26, 2022
Why is the ECB still fiddling over a potential eurozone crisis? Christine Lagarde is failing to heed the lesson of the last decade: act quickly and act clearly The Guardian - UK · Jun 15, 2022
Eurozone interest rates to rise for first time in a decade The European Central Bank (ECB) will raise interest rates next month for the first time in 11 years in a bid to control soaring inflation, ending a stimulus scheme to support the economy during the Covid-19 pandemic. Radio France Internationale · Jun 10, 2022
Europe's 1st rate hike in 11 years looms amid high inflation It's decision time again for the European Central Bank The Independent UK · Jun 9, 2022
With Inflation on Rise, ECB Readies Tougher Action The European Central Bank is set to announce the end date to its bond-buying stimulus on Thursday, as concerns over the accelerating pace of inflation in the eurozone grip policymakers. The stop is a prelude to the ECB hiking rates for the first time in over a decade in the… Asharq Al-Awsat · Jun 9, 2022
'Friend-Shoring' Might Be Bad for Global Growth and Inflation As geopolitical tensions rise, Western governments have urged international companies to shift more business to friendly countries. Some critics think that could split the global economy into hostile camps, hurting growth and worsening inflation. Bangkok Post · Jun 6, 2022
One in 10 European Households Invest in Cryptocurrencies Nearly one in 10 European households has invested in crypto assets, an ECB (European Central Bank) study published Tuesday said, highlighting high demand for the risky investments, which witnessed significant devaluation this month. These novel assets lure middle class people, but “it is worth nothing. It’s not a safe investment,”… Asharq Al-Awsat · May 26, 2022
Davos day 3: WTO says food crisis could last two more years without Ukrainian safe corridors – as it happened Rolling coverage of the day 3 of the World Economic Forum The Guardian - UK · May 25, 2022
European Central Bank chief signals possible July rate hike The president of the European Central Bank has given the clearest sign yet that policymakers will aim to raise interest rates as soon as July to ease surging inflation The Independent UK · May 23, 2022
Bank of England not to blame for soaring inflation, says governor Andrew Bailey defends response to Covid pandemic and indicates Bank will not take aggressive approach to raising interest rates The Guardian - UK · May 23, 2022
Economic outlook has 'darkened', business and government leaders warn in Davos Multiple threats to the global economy topped the worries of the world's well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession. Reuters · May 23, 2022
US inflation dips to 8.3% but stays close to 40-year high –as it happened US food prices rise at fastest rate since 1981, as ECB’s Lagarde cements expectations for July rate hike, and German price rises hit record high The Guardian - UK · May 11, 2022
The global stagflation shock of 2022: How bad could it get? The double blow of pandemic and war has caused inflation to surge and growth to slow around the world. But experts do not expect a return to the 1970s Financial Times · May 2, 2022
France: Low growth and inflation increase risk of stagflation Income growth has stagnated as prices for essential goods and energy are on the rise. New figures from France’s National Institute of Statistics and Economic Studies (Insee) indicate that France could be entering a period of stagflation. France 24 · May 1, 2022
The Guardian - UK · Apr 22, 2022 IMF warns Russia-Ukraine war will have ‘severe economic consequences’ for Europe – as it happened IMF slashes growth forecasts for Europe, as pound falls 1.1% to 18-month low after sharp retail sales decline and April PMIs point to much weaker speed of recovery across UK economy
The Independent UK · Apr 21, 2022 Powell reinforces expectations of sharp rate hike next month The Federal Reserve must move faster than it has in the past to rein in high inflation, Chair Jerome Powell said, signaling that sharp interest rate increases are likely in the coming months, beginning at the Fed’s next policy meeting in May
Benzinga · Apr 21, 2022 Inflation And Tech Earnings Set To Rattle Many Markets Next Week Next week, the largest market events will centre on inflation, with Australia and the European Area updating the market as to their respective rising consumer prices. Wednesday, April 27, 2022 Australia Inflation Rate YoY Q1
Radio France Internationale · Apr 21, 2022 G20 walk out in condemnation of Russia's war in Ukraine Senior officials from Britain, the United States and Canada walked out on Russia's representatives at a Group of 20 meeting on Wednesday with many members condemning Moscow's war in Ukraine, exposing deep divisions within the bloc of the world's major economies.
The Guardian - UK · Apr 21, 2022 Elon Musk secures $46.5bn as he prepares hostile bid for Twitter – as it happened Tesla boss could take his takeover offer directly to shareholders, bypassing the Twitter board, as World Bank chief warns of ‘human catastrophe’ from food crisis
Axios · Apr 20, 2022 Yellen, Powell walk out of G20 meeting during Russian minister's speech Yellen and Powell were joined by other delegates, including ECB head Christine Lagarde.
The Independent UK · Apr 14, 2022 European Central Bank faces pressure from record inflation Officials at Europe's central bank have inflation on their minds
The Independent UK · Apr 7, 2022 European Central Bank head says she's positive for COVID-19 European Central Bank President Christine Lagarde has tweeted that she tested positive for COVID-19 and has mild symptoms but will continue working at home
Reuters · Apr 7, 2022 ECB's Lagarde has COVID but symptoms mild European Central Bank President Christine Lagarde said on Thursday she has tested positive for COVID-19 but her symptoms are mild and she will continue to work.
Benzinga · Mar 31, 2022 Why Is The EU In Danger Of stagflation? Talks of a looming stagflation in the European Union have intensified over the past month as the region suffers from what many describe as the worst conflict in the continent in decades, threatening skyrocketing inflation, supply shortages, job losses and famine. Worst economic shock since WWII
Benzinga · Mar 31, 2022 Bitcoin, Ethereum, Dogecoin Rallies Halt: Are Inflation And War Concerns Reasserting Their Dominance? Bitcoin, Ethereum and Dogecoin traded flat on Wednesday evening as the global cryptocurrency market cap fell 0.5% to $2.15 trillion.