Bulgarian Banks Left Vulnerable as Central Bank ‘Cannot Enforce’ Magnitsky Act Sanctions – Novinite.com
The Bulgarian National Bank (BNB) has admitted that it is unable to shield the country’s banking system from…
Europe needs to deepen ties with non-US trade partners: ECB president
While the United States is—and will remain—an important trading partner of the European Union (EU), the latter should…
Beware of Fake Bank Text Messages: New Scam Targets France
The new phishing technique seeks to convince victims to provide their bank details When victims make contact to…
Interest Rates: Economist Says Trump Could Be Right Calling Powell ‘Too Late’
It seems like not a week goes by without President Donald Trump criticizing the head of the Federal…
Indonesia central bank surprises markets with 5pc rate cut to spur growth
JAKARTA, Aug 20 — Indonesia’s central bank unexpectedly announced a cut in its key interest rate on Wednesday…
ECB’s Lagarde warns euro area resilience may falter as tariffs bite
Speaking at the World Economic Forum in Geneva, European Central Bank president Christine Lagarde that although the euro…
Germany’s Bundesbank warns of economic stagnation as trade war looms
Published on 13/12/2024 – 12:49 GMT+1 •Updated 16:28 ADVERTISEMENT Germany’s economy will contract this year and will hardly…
UAE exchange house has licence revoked for breaching anti-money laundering law
The UAE Central Bank has revoked the licence of Malik Exchange, an Abu Dhabi-based remittance company, for failing…
EUR/USD extends downside below 1.1650 ahead of ECB’s Lagarde speech
EUR/USD softens to around 1.1635 in Wednesday’s early European session. Traders await the Fed’s annual Jackson Hole symposium on…
German economic activity stabilised slightly at the beginning of the year, but outlook significantly gloomier
“Economic output in Germany is likely to have increased slightly in the first quarter of 2025, but could…
Banks, stock market hit as Zimbabwe battles central bank glitch
Zimbabwean banks reported major disruptions to a key payment channel after the Reserve Bank of Zimbabwe (RBZ) suffered…
ECB’s Rebel Voice Bows Out With Plea for Greater Transparency
Robert Holzmann (Bloomberg) — The European Central Bank’s most rebellious interest rate-setter has one last suggestion before he…