ECB Will Soon Reach Rate Peak at ‘High Plateau,’ Villeroy Says
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The European
2023-07-09 16:56
BOE’s Bailey Rejects Calls to Raise Inflation Target Above 2%
Bank of England Governor Andrew Bailey rejected the need for an inflation target higher than 2%, warning that
2023-07-09 16:46
Top Egypt Bank Gets $250 Million in Loans With Eye on Green Work
Commercial International Bank SAE, Egypt’s largest private bank, secured $250 million in loans from the World Bank’s International
2023-07-09 16:25
Ukraine Recap: US Cluster Bomb Decision Still Causing Waves
The US decision on Friday to provide controversial cluster bombs to Ukraine continues to cause waves, with some
2023-07-09 15:57
Britain’s Interest Rates Are Spiraling Into a National Obsession
On the same day that UK interest-rate expectations hit the highest since 1998, Bank of England Governor Andrew
2023-07-09 15:19
One Country’s Covid Restrictions Are Turning Into a Moneyspinner
Most countries couldn’t wait to dismantle travel curbs that were used to contain the coronavirus. Azerbaijan is gaining
2023-07-09 14:55
Yellen’s China Trip Leaves Little Doubt Pan’s in Charge of PBOC
During Janet Yellen’s trip to Beijing, US officials sowed confusion over the role of Pan Gongsheng, who was
2023-07-09 14:45
Ukraine’s 39-Year-Old Arms Chief Ramps Up Production in Face of Missile Hits
Just months after he was tapped to oversee Ukraine’s arms industry, Oleksandr Kamyshin says it produced more mortar
2023-07-09 14:26
Israel Says Iran-Backed Militia Is Setting Up Illegal Outposts
Israel says Hezbollah, an Iranian-backed militia in southern Lebanon, has set up more than two dozen military outposts
2023-07-09 13:50
Privatized Britain’s Debt Load Is Now a Major Government Problem
For decades since they were privatized, the UK’s public service providers have favored inflation-linked bonds as a cheap
2023-07-09 13:24
Saudi Oil Cuts Throw Last Year’s Standout Economy Into Slow Lane
Saudi Arabia’s decision to extend its oil production cuts — part of a so far largely unsuccessful bid
2023-07-09 13:16
China’s Flood of Plastic, Yellen Departs: Sunday Asia Briefing
US Treasury Secretary Janet Yellen completed her task in Beijing today, potentially adding a small measure of relief
2023-07-09 12:50