European Central Bank

European Central Bank Articles

Oil prices are rising rapidly, adding nearly 4% in less than two days. The increase could threaten the global economy if it holds for long. The reason for the move is news of a possible armed...
A number of economists believe the U.S. debt burden, budget problems, recession and lack of growth will soon be the same as those now facing many EU nations. This would mean that America has begun to...
The European Central Bank this morning got its long-term refinancing operation (LTRO) off the blocks with a bang. Eurozone banks took €489 billion ($641 billion) of the 1%, three-year loans,...
The sovereign debt problem in Europe gets more complex by the hour. The European Central Bank said it may intervene to buy paper issued by nations that are economically weak. This should drive down...
We, and many others, have noted over and over how the European Central Bank is failing to recognize and failing to remedy the notion that its ship is sinking.  It was not widely expected to cut...
The ECB will continue to buy the bonds of financially troubled EU nations, but it won’t say for how long. This forces capital markets investors to see the rescue of the region’s weakest nations...
Currency traders really don’t like governments to intervene in the global currency market. Such moves tilt the playing field in unexpected ways that can cause traders to unwind positions that would...
Robert B. Zoellick, the World Bank Group president, recently said that the global economy had reached a “new danger zone.” He added, “I think that confidence in economic leadership has been...
The European Central Bank will begin to buy the sovereign bonds of Spain and Italy as a way to provide the two countries time to get their houses in order and to shore them up against a bond market...
Congressional leaders will consider tax cuts as part of talks on an increased US debt cap.  (Reuters) Citigroup (NYSE: C) said hackers gained access to data on bank cards. (Reuters) St Louis Fed...
Twitter  has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million...
Twitter  has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million...
Nasdaq OMX may bid for the New York Stock Exchange (NYSE: NYX) (Reuters) Oil reached a 2 1/2 high on Middle East concerns (Reuters) Hewlett-Packard (NYSE: HPQ) made a grim forecast for 2011 and its...
The size of the Japanese economy dropped in the fourth quarter of last year, but exports may aid a rebound. (Reuters) The Obama budget will cut $1.1 trillion in costs over 10 years. (Reuters) NY...