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Czech central bank cuts key interest rate to 4% as inflation stays low
The Czech central bank has cut its key interest rate for the eighth time in a row as inflation remains low and the economy is making a slow recoveryWorld - ABC News - November 7 -
Trump’s victory sets up traps for central banks
The incoming president is likely to attack the Fed if it seeks to counteract his policies or if inflation takes off againWorld - Financial Times - November 7 -
Switzerland is now flirting with deflation, causing a dilemma for its central bank
Switzerland could be at risk of slipping into deflationary territory next year as a stronger Swiss franc dogs policymakers' efforts to get a handle on prices.Business - CNBC - October 31 -
Lebanon's detained former central bank governor faces new corruption charge
A Lebanese judge has charged the country’s detained former central bank governor with illicit enrichment and issued an arrest warrantWorld - ABC News - October 31 -
Central banks need escape route from cycle of boom and bust
We should debate excessive policy easing and the neglect of credit and debt developmentsWorld - Financial Times - November 1 -
US central bank boss says Trump can't fire him
The US central bank cuts interest rates, as its chairman vows to stay on the job.Top stories - BBC News - November 7 -
Climate breakdown will hit global growth by a third, say central banks
New modelling finds risk to global economies much worse than previously thought, but group of central banks says even this may be an underestimate. The physical shocks caused by climate breakdown ...World - The Guardian - November 8 -
Bangladesh tycoon says Singapore citizenship is a shield against central bank ‘intimidation’
Mohammed Saiful Alam considers international arbitration over accusations he siphoned money out of banking sectorWorld - Financial Times - 5 days ago -
Bangladesh central banker accuses tycoons of ‘robbing banks’ of $17bn with spy agency help
Conglomerate rejects claim it co-operated to siphon money out of the country during rule of ousted Sheikh HasinaWorld - Financial Times - October 28 -
Japan's central bank to remain undeterred on rate hikes despite LDP's electoral shock, analysts say
Roughly 86% of economists polled by Reuters expect the central bank to leave its rates unchanged when it announces its decision Thursday.Business - CNBC - October 28 -
US central bank lowers interest rates by quarter point as new Trump term looms
Rates are now at 4.5% to 4.75%, after two reductions by the Federal Reserve starting in September. The US Federal Reserve lowered interest rates by a quarter point on Thursday, knocking them ...World - The Guardian - November 7 -
European Central Banks warns of trade tension risks to euro zone financial stability
The Financial Stability Review also said weak growth was now a bigger threat to the 20-nation euro zone than high inflation.Business - CNBC - 4 days ago -
European Central Bank warns that concentration in highly-valued U.S. tech stocks poses financial stability risk
High equity valuations and investors’ concentration in big U.S. tech stocks are among the main risks to financial stability, says the ECBBusiness - MarketWatch - 4 days ago -
Czech power company CEZ signs deal with Britain's Rolls-Royce SMR to build modular nuclear reactors
The Czech power company CEZ has signed a deal with Britain’s Rolls-Royce SMR to form a strategic partnership to develop and deploy small modular nuclear reactorsTech - ABC News - October 29 -
Czech power company CEZ reports $984 million in profit in first three quarters of 2024
The Czech power company CEZ on Tuesday reported net profit of 23.4 billion Czech crowns ($984 million) in the first three quarters of the year, 6.4 billion lower than the same period last yearWorld - ABC News - November 12 -
The Czech military to buy 14 Leopard tanks from Germany in a $167 million deal
The Czech Defense Ministry says it's planning to buy 14 Leopard 2A4 tanks from Germany in a deal worth about $167 millionWorld - ABC News - 3 days ago -
A Skeleton Bank of Understudied Species
With a new database of medical images, zoo and wildlife vets can finally see what healthy uncommon animals, from rhinos and tamarins to pangolins and sea stars, should look like on the inside.World - The New York Times - October 26 -
Airstrikes Hit Central Beirut for First Time in Weeks
The attacks came as Israel’s military has been pounding an area just outside the Lebanese capital with some of the heaviest waves of bombardment in months.World - The New York Times - 6 days ago -
UK banks deserve a place in the sun
Third-quarter results underscore their low sensitivity to interest ratesWorld - Financial Times - October 29 -
The West Bank Is on the Edge of Economic Collapse
After over a year of war, the economy in the occupied West Bank is being choked off by restrictions on Palestinians’ movements in the territory, the cancellation of work permits in Israel and ...World - The Wall Street Journal - November 5 -
Harris phone banks on Election Day
Vice President Kamala Harris spent Election Day phone banking and thanking her staff at Democratic headquarters in Washington D.C. Nancy Cordes reports.Top stories - CBS News - November 5 -
Thousands of Tommy Robinson supporters gather in central London
Anti-racism counter-protesters and Justice for Chris Kaba campaigners also take to capital’s streets. Thousands of Tommy Robinson supporters have gathered in central London for a protest which the ...World - The Guardian - October 26 -
Tram derails and crashes into shop in central Oslo
At least four people injured including the driver in ‘surreal’ incident that caused panic in Norwegian capital. A tram has careered into a store in central Oslo after coming off its rails, in an ...World - The Guardian - October 29 -
Giant wall of dust sweeps across central California
The huge dust storm - also known as a haboob - limited visibility and left many residents in the dark.Top stories - BBC News - November 13 -
How Marigolds Became Central to Hindu Rituals in India
Originating in North America, the blossoms have become central to Hindu rituals in India.Top stories - The New York Times - November 14 -
Israel Strike Against Hezbollah in Lebanon Kills at Least 20
Israel was targeting a senior Hezbollah commander, but failed to kill him, one Israeli official said. Hezbollah officials said none of the group’s leaders were at the attack site.World - The New York Times - 19 hours ago -
HSBC’s investors should not bank on its latest overhaul
Grand global restructuring announcements have been all too familiar from the lender over the past decadeBusiness - Financial Times - October 29 -
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Giants to stick with Banks, Jones amid struggles
After coming under fire again for questionable play, Giants CB Deonte Banks will start vs. the Commanders after being benched, while Daniel Jones will remain QB1.Sports - ESPN - October 29 -
Interest rates cut but Bank hints fewer falls to come
Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.Top stories - BBC News - November 7 -
Bank of England cuts interest rates to 4.75%
Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecastWorld - Financial Times - November 7 -
British banks face an expensive motor finance crash
Giving dealers incentives to increase loan interest rates for car buyers could be ruinous for lendersWorld - Financial Times - November 8 -
Deutsche Bank takes a bite out of Greggs
Wages up, margins downBusiness - Financial Times - November 8 -
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Druckenmiller poured into regional banks in the third quarter
Stanley Druckenmiller made a big bet on regional banks in the third quarter, that’s likely paid off after a Republican sweep in the elections.Business - MarketWatch - November 15 -
The drama and farce of the Baker Street bank heist
In 1971, a group broke into a bank vault - but the plan was nearly brought down by a radio ham.Top stories - BBC News - November 17 -
Treasury imposes sanctions on Russian banks, financial officials
Russia’s third largest bank, Gazprombank, and its subsidiaries were hit with U.S. sanctions on Thursday, making it the largest bank not already targeted as the Russia-Ukraine war nears its three ...Politics - The Hill - 2 days ago -
What are banks doing with your financial data?
Your transactions reveal a lot about you as a person — it could be valuable informationWorld - Financial Times - 2 days ago