Tag Archives: ECB

IMF for sub-zero interest rates in Europe; Facebook snaps up WhatsApp; Record profit for Ferrari

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IMF for sub-zero interest rates in Europe; Facebook snaps up WhatsApp for $19bn; Record profit for Ferrari

1 IMF for sub-zero interest rates in Europe (Larry Elliott in The Guardian) The International Monetary Fund has urged the European Central Bank to consider cutting interest rates to below zero as it warned that deflation in the eurozone was … Continue reading

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After Brics, new power houses; Progress in the war on poverty; ECB rates stay at record low of 0.25%; India diplomat indicted in US

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ECB chief sees economic weakness continuing; Some banks too big to jail?; America’s terrible trillion; India slashes growth forecast

1 ECB chief sees economic weakness continuing (Graeme Wearden in The Guardian) ECB president Mario Draghi began his appearance at the European Parliament by warning that the economic conditions in Europe are tricky and will remain so for some time. … Continue reading

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IMF fears 1930s-like slump; Banks are eurozone’s faultline; Rule of law and Arab Spring; Ugliness in Indian psyche; Holy grail of Higgs hunters

1 The Guardian on the likelihood of a 1930s-like slump. The world risks sliding into a 1930s-style slump unless countries settle their differences and work together to tackle Europe’s deepening debt crisis, the head of the International Monetary Fund has … Continue reading

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