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European Central Bank Cuts Interest Rates as Economic Growth Stagnates
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.The New York Times - 7h -
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a ...ABC News - 9h -
European Central Bank cuts interest rates to support growth as eurozone economy stagnates - as it happened
Live coverage of business, economics and financial news as ECB cuts main interest rate by 0.25 percentage points in effort to support European economies. It was a flash reading on the Eurozone ...The Guardian - 8h -
Elon Musk affiliate in FBI director's office sparks fear of partisan interference
A person who has been affiliated with Elon Musk’s SpaceX and a former aide to one of the FBI’s toughest Congressional critics are working as advisers to the bureau’s director, current and former ...NBC News - 20h -
Central bank decisions — as they happened: Powell says no rush to adjust Fed policy stance; Canada cuts rates for sixth consecutive meeting
US central bank holds rates steady as it resists Donald Trump’s calls to cut borrowing costsFinancial Times - 23h -
The Fed is getting a warning from another central bank about Trump’s tariff plan
All eyes were on the Federal Reserve’s first policy update of the new year on Wednesday, but the Bank of Canada also drew its fair amount of attention.MarketWatch - 1d -
European Central Bank to cut rates again with Trump threat and U.S. divergence in focus
"The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards the Dollar."CNBC - 1d -
Czech central bank head wants it to buy billions of euros in bitcoin
Governor tells FT ‘I like profitability’ and predicts others could follow his exampleFinancial Times - 1d -
Trudeau Government Left Canada Vulnerable to Foreign Interference
Prime Minister Justin Trudeau should have acted quicker to protect Canadian elections from outside meddling, a government commission said, shaking trust in democratic institutions.The New York Times - 2d -
Canada subject to widespread political interference, probe says
Report by commission finds several foreign states have tried to destabilise the countryFinancial Times - 2d -
Canada report on foreign interference: no evidence of ‘traitors’ in parliament
Commission finds democratic institutions ‘robust in the face of foreign interference’ but some MPs behaved ‘naively’. Canada’s democratic institutions are “robust in the face of foreign ...The Guardian - 2d -
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India's banking sector slump
Also in this newsletter: China is building the world’s largest dam and Ashish Gupta’s mantraFinancial Times - 2d -
Political interference in central banks risks economic harm, ECB president warns
Comments by Christine Lagarde seen as veiled warning to Donald Trump, who demanded Federal Reserve lower interest rates ‘immediately’. Political interference in central bank policymaking could harm ...The Guardian - 3d -
Government must resist the urge to interfere
The chancellor is right to say that regulation is often an obstacle to growth — it needs to be much smarterFinancial Times - 6d -
Turkey's central bank lowers benchmark interest rate to 45%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 45%ABC News - Jan. 23 -
Ousting of CMA chair prompts warnings of interference in UK regulation
Move was part of Labour government’s drive to remove obstacles to economic growthFinancial Times - Jan. 22 -
Europe must be prepared for Trump tariffs, European Central Bank chief warns
European Central Bank President Christine Lagarde spoke to CNBC at the World Economic Forum in Davos.CNBC - Jan. 22 -
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Three killed in strike on central Kyiv, Ukraine says
The attack struck the Shevchenkivskyi district, damaging civilian buildings and leaving a large crater in the road.BBC News - Jan. 18 -
Elon Musk knows little about UK and Germany and should not interfere – poll
Exclusive: Majority polled by YouGov viewed billionaire negatively – except among Reform UK and AfD voters. Most people in the UK and Germany consider Elon Musk’s efforts to influence their ...The Guardian - Jan. 17 -
Mark Carney, the 'unreliable boyfriend' who ran UK's central bank
Carney is now running for the Liberal Party leadership in Canada. What does his time in London tell us?BBC News - Jan. 17 -
Trump would have been convicted of election interference, report says
A prosecutor says there was enough evidence in the 2020 US election case - but he was scuppered by Trump's win in 2024.BBC News - Jan. 14 -
Five takeaways from report on Trump's alleged 2020 election interference
Trump is accused of inspiring Jan 6 violence but prosecutors thought an incitement charge would be too risky.BBC News - Jan. 14 -
A New Age of American Interference in Europe
Elon Musk and MAGA are already disrupting the status quo, and Europe seems ill-prepared.The New York Times - Jan. 13 -
15 killed in explosion and fire at gas station in central Yemen
Health officials in central Yemen say at least 15 have been killed in an explosion and fire at a gas stationABC News - Jan. 12 -
Scientists May Be Able to Make Grapefruits Compatible With Medications They Currently Interfere With
Scientists have identified a gene that causes production of a substance in some citrus that interferes with many medications.The New York Times - Jan. 10 -
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.The New York Times - Jan. 10 -
Top Fed official says central bank is ‘pretty close’ to meeting twin targets
Kansas City Fed chief Jeff Schmid calls for ‘gradual’ changes in monetary policyFinancial Times - Jan. 9 -
DA Fani Willis appeals her disqualification from Trump's election interference case
Fulton County DA Fani Willis has asked the Georgia Supreme Court to reverse her disqualification from the election interference case against Donald Trump and others.ABC News - Jan. 9 -
Asia's central banks face a formidable challenge: An ascendant U.S. dollar
A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central banks to intervene in the currency market.CNBC - Jan. 9 -
Marie Winn, Who Wrote of a Famous Central Park Hawk, Dies at 88
She chronicled the melodrama of Pale Male, a red-tailed hawk who became an avian sensation as it took up residence atop a Manhattan apartment building.The New York Times - Jan. 8 -
Justice department to release part of Trump election interference report, leaving out documents case – US politics live
Department of Justice to release details on Jack Smith’s investigation into attempts to overturn 2020 result but withhold Mar-a-Lago documents portion . Outgoing secretary of state Antony Blinken ...The Guardian - Jan. 8 -
EU Commission urged to act over Elon Musk’s ‘interference’ in elections
MEPs say enforcement of Digital Services Acts has been ‘too slow’, as Musk plans livestream with German far-right politician. The EU executive has been too slow in enforcing a major law intended to ...The Guardian - Jan. 8 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
Bitter cold envelops US south as central states recover from freeze
Polar vortex chilled central US, downing trees, blasting snow, shuttering schools and causing traffic pile-ups. The next round of bitter cold enveloped the southern US on Tuesday, after the first ...The Guardian - Jan. 7 -
Bipartisan lawmakers renew push for legislation supporting Georgia against Russian interference
Republican and Democratic lawmakers are renewing efforts to pass legislation supporting Georgia, touting it as one of the best and first examples of bipartisan unity of the new Congress. Reps. Joe ...The Hill - Jan. 3 -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3