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European Central Bank

European Central Bank latest

Analysts say the European Central Bank fears to make any policy change even though their policies haven’t worked, as a global recession is expected soon.
September 11th, 2019 - 10:07 GMT

Negligible Eurozone Growth Poses as Biggest Threat to Global Economy

The Eurozone, the world’s largest macro-economy, continues to pose the biggest threat to global economic stability as the bloc teeters on the edge of recession for the third time in a decade. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-0…","video_id":"0cf6b6cf-cbf9-4392-9dff-c7b7419d3496","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Why did the US and China start a war over 5G?"} The Eurozone grew just 0.2% last quarter. Its largest economy, Germany, went negative, while new data predicts France will grow just 0.3% in the third quarter, which ...
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It is truly a pity that civil wars, terrorism and hostility among regional powers prevents the optimal exploitation of the eastern Mediterranean’s natural gas treasure, which has the potential to transform  the economic future of Cyprus, Turkey and the Levant.
January 8th, 2014 - 12:54 GMT

The impending dispute between Cyprus and the Levant over offshore gas

I believe Japan will be the best performing developed market in 2014, as it was in 2013.
December 22nd, 2013 - 05:44 GMT

Where should you be putting your money in 2014?

GCC ministers met late last month in Kuwait and are scheduled to return to Kuwait City December 10 to hold their annual 2-day summit (Yasser Al Zayyat/AFP)
December 3rd, 2013 - 01:37 GMT

Gulf Monetary Council: No GCC "Euro" anytime soon, media reports falsified

Bahrain, Kuwait, Qatar and Saudi Arabia are planning to peg the common GCC currency to the dollar (File Archive/Shutterstock)
December 2nd, 2013 - 09:02 GMT

The GCC "Euro": Four Gulf countries to use common currency by end of 2013

World Bank chief Jim Yong Kim has warned that the US was headed toward peril as politicians failed again to resolve a standoff over the budget and debt ceiling.
October 13th, 2013 - 09:40 GMT

'Global growth subdued' and 'US headed towards to danger', says IMF, World Bank

The US shale oil boom promises the White House energy independence by 2020 but is already having an impact on its Middle East diplomacy.
September 17th, 2013 - 07:44 GMT

How the Fed, crude, and Syria are changed by shale

Doing just enough to prevent the eurozone from collapsing is not the same as setting the stage for sustainable growth.
September 15th, 2013 - 07:05 GMT

Is the EU about to spare us some contagion?

Cyprus has agreed to cut its budget deficit to 2.4 percent of gross domestic product in 2016, from an estimated 5.9 percent this year
July 18th, 2013 - 12:55 GMT

IMF, EU inspectors start quizzing Cyprus on bailout

An image showing Citi, HSBC, State Street, and Barclay's buildings
June 25th, 2013 - 05:00 GMT

As fear recedes, recovery continues

Returns were mixed among the different strategic indices
June 12th, 2013 - 09:59 GMT

Hedge funds attract $50 billion in five months

One billion dollar stack
June 2nd, 2013 - 08:52 GMT

How about scrapping the dollar in favour of a new currency?

European Central Bank
May 30th, 2013 - 05:13 GMT

Reviving bank lending is better than cutting interest rates -- ECB

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