Explained: How the EU will tap into Russia's frozen assets to raise €35 billion for Ukraine
The profits made by Russia's frozen assets are the key behind the €35 billion loan that the EU has promised to Ukraine.
EU chief announces 35 bn euro loan plan for Ukraine before winter
EU chief Ursula von der Leyen on Friday announced plans for Brussels to lend Ukraine 35 billion euros backed by revenues of ...
Central banks may face volatile inflation for years to come, ECB's Lagarde says
Profound shifts in the world economy could make inflation volatile for years to come, complicating efforts to control prices, ...
European markets set to open lower following slew of central bank decisions
European markets were poised to open lower Friday as investors digested a slew of central bank rate decisions this week and ...
Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, ...
UK interest rates live: Bank of England holds at 5% after shock US Fed cut
The Bank of England is widely expected to keep interest rates on hold on Thursday after the latest UK inflation figures ...
Morning Report — How will Congress avert a shutdown now?
Speaker Mike Johnson’s (R-La.) funding gamble didn’t pay off. A diverse group of House Republicans on Wednesday torpedoed Johnson’s proposal for a six-month government funding bill, dealing an ...
Stock market today: Most of Wall Street edges lower after Fed delivers a big cut to rates
Wall Street is holding near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger ...
Crowdfund Insider5d
CaixaBank to Work with Bank of England, Bank of France, Others on Digital Payments
The Bank for International Settlements (BIS) and the Institute of International Finance (IIF) have selected CaixaBank to work ...
Politico Europe8d
Panic on the canals: How a battle over wages in Venice highlights the complex reality overlooked by policymakers
An escalating standoff between workers and employers in Venice over an expired contract has exposed the volatile reality ...
Stock market today: Wall Street’s best week of 2024 closes with indexes near their records
Asian stocks are mixed after U.S. stocks pulled closer to their records on economic reports that came in close to ...
How the ECB’s Ambitious Plan to Curb Risky Lending Veered Off Course
The supervisor is pushing banks to face the risks in their leveraged loan books, but a poorly handled probe has raised ...