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The Latest Breaking News from ECB

Europe's central bank to join global push for higher rates

The European Central Bank is ready to join the U.S. Federal Reserve and the Bank of England in a global rush to raise interest rates and put a lid on galloping inflation

The Independent UK

What is next for Italy after Prime Minister Draghi’s resignation?

The collapse of Draghi’s government opens the way for early elections in autumn.

Al Jazeera

ECB raises interest rates more than expected to combat inflation – as it happened

ECB raises rates by half a point in its first hike in 11 years, UK government finances worsen amid record debt interest costs and Russia resumes limited gas supplies to Europe

The Guardian - UK

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Interest rates: the three central banks facing one tricky balancing act

In the fight against inflation the ECB, Bank of England and Federal Reserve risk either doing too much too soon, or too little too late

The Guardian - UK

Italy political turmoil a headache for Europe's central bank

Italy's political turmoil is making life harder for the European Central Bank as it hikes interest rates and raising bad memories of the eurozone debt crisis a decade ago

The Independent UK

England captain Jos Buttler warns Ben Stokes' ODI retirement must be a "wake-up call"

Ben Stokes has announced his retirement from ODIs at the age of just 31, with the England all-rounder calling the schedule "unsustainable"

Daily Mirror

England legend Kevin Pietersen hits out at ECB after Ben Stokes' ODI retirement

Ben Stokes has announced his retirement from ODI cricket and Kevin Pietersen has weighed in, having stepped away from white-ball cricket in 2012 for similar reasons

Daily Mirror

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ECB in crisis meetings over searing heat during Durham ODI as star suffers exhaustion

Concerns over fan safety were at the heart of a series of meetings at Chester-le-Street with spectators suffering in the sunshine

Daily Mirror

EURUSD Is Growing After Unsuccessful Test of Parity

By RoboForex Analytical Department

Benzinga

Nasser Hussain blames ‘joke’ schedule for Ben Stokes’ ODI retirement

The England Test captain has called time on his one-day international career

The Independent UK

More RBA rate hikes to come as investors brace for Twitter, Netflix earnings reports

The meeting minutes and a speech by RBA governor Philip Lowe on Wednesday are likely to reiterate the overarching message – more rate hikes are coming.

The New Daily

England all-rounder Ben Stokes announces retirement from ODIs

LONDON: Star England all-rounder and 2019 World Cup final hero Ben Stokes on Monday made a surprise announcement to retire from ODI cricket, saying playing three formats has become "unsustainable" for him.

The Times of India

5 talking points as India seal ODI series win after Rishabh Pant's stunning hundred

India wrapped up a 2-1 series victory after Rishabh Pant and Hardik Pandya led them to a five-wicket win in the third and final ODI at Old Trafford

Daily Mirror

What's Next for the Euro after Slump against Dollar?

The euro's plunge against the dollar, triggered by the Ukraine war and mounting risks to the EU economy, has driven the two currencies to parity for the first time in two decades. The European single currency sank to $0.9952 on Thursday -- a level not seen since the end of…

Asharq Al-Awsat

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The Times of India

Five-member ECB security team to visit Pakistan ahead of bilateral series

KARACHI: A five-member security team of the England and Wales Cricket Board (ECB) will visit Pakistan on July 17 to inspect arrangements and potential venues ahead of England's tour to the country.

France 24

Italy's president refuses Prime Minister Draghi's resignation

Italy’s President Sergio Mattarella on Thursday refused to accept Prime Minister Mario Draghi’s resignation, in a political crisis experts warned could send the eurozone’s third largest economy to snap elections.

Reuters

Ten years on, Italy faces debt crisis Draghi may not solve

Ten years after Mario Draghi's "whatever it takes" pledge saved the euro, Italy is once again in the middle of a debt crisis - but the country's prime minister and former head of the European Central Bank may struggle to solve this one.

The Independent UK

ECB extends Sky Sports’ broadcast deal for four more years

The announcement will take the partnership between broadcaster and governing body past the 30-year mark.

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The Hindu

Explained | What are countries doing to address gender-based pay disparity in cricket?

A few countries have taken steps to move towards equal pay for men and women but a lot remains to be done.

The Independent UK

EXPLAINER: What's the impact of euro parity with the dollar?

The euro is hovering close to parity with the dollar, falling to its lowest level in 20 years and even briefly touching a one-to-one exchange rate with the U.S. currency this week

Al Jazeera

What prompted euro’s loss of value and what’s its impact?

Experts identify two main reasons why the euro has lost value and the potential effects on the European Union.

Ballotpedia

ESG pulling Europe in opposite directions

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Daily Mirror

England captain Jos Buttler delivers damning assessment of crushing loss vs India

Jos Buttler has admitted England perhaps made a mistake by trying to counter-attack against India in the first ODI and should have instead looked to "absorb pressure" and "bat ugly"

Benzinga

Central Banks Are Picking Up The Slack On Climate Finance

While only a minority of central banks currently have specific sustainability responsibilities, a majority are performing greater climate risk management roles, particularly as it relates to mitigating climate risks that challenge the stability of the financial system.

Evening Standard

Euro slumps to parity with dollar amid recession fears on Continent

At its lowest point the European currency was down 0.64 of a cent at exactly $1.00

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