ECB’s Villeroy Sees No Big Inflation Hit From Trump Tariffs
Potential trade levies during a second Donald Trump presidency wouldn’t derail the European Central Bank’s easing plans, Governing Council member Francois Villeroy de Galhau said.
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Potential trade levies during a second Donald Trump presidency wouldn’t derail the European Central Bank’s easing plans, Governing Council member Francois Villeroy de Galhau said.
For years, Israelis were told that in the next war with Hezbollah, the Lebanese militia would fire thousands of rockets and missiles a day, overwhelming their air defenses, causing blackouts, death and destruction.
Fresh troubles at the Adani Group are posing a threat to US-based GQG Partners LLC, which took a contrarian bet on the conglomerate after a short-seller attack last year.
Mali’s military leaders fired Prime Minister Choguel Maiga and his entire government, days after the premier criticized the junta’s failure to implement a transition to civilian rule.
India’s central bank will consider its job unfinished until inflation moderates around its 4% target on a durable basis, Governor Shaktikanta Das said.
Romania’s ultra-nationalist party leader, whose popularity has propelled him to No. 2 in the polls ahead of the country’s presidential election, said he would halt military aid to Ukraine if he gets the top job.
Car sales in Europe are flatlining, leading manufacturers including Ford Motor Co. and Volkswagen AG to push for cost cuts in response to muted demand.
Volkswagen AG faces a growing threat of widespread walkouts as executives and unionists dig in over how to restructure Europe’s biggest automaker.
South Africa’s reserve bank is set to look past a sharp slowdown in inflation and only cut interests rates by a modest quarter percentage point, as new risks to its outlook emerge.
About 10% of Africa is embroiled in conflict, with fighting having spread and intensified over the past three years, according to Verisk Maplecroft.
Ireland holds a general election on Nov. 29, with Prime Minister Simon Harris hoping to capitalize on a strong economy to secure another five years in power.
Egypt is poised to keep interest rates at a record high as it awaits the full inflationary impact of a fuel-price hike and the completion of a key International Monetary Fund review.
Chinese Premier Li Qiang is expected to meet with top foreign executives on Monday ahead of a supply chain expo in Beijing, just as companies brace for Donald Trump’s threat to hike tariffs on Chinese goods.
Another quarter-point policy rate cut will help Philippine stocks recover amid uncertainty over Donald Trump’s policies, the head of the local bourse said on Thursday.
US prosecutors have charged billionaire tycoon Gautam Adani with involvement in a plan to pay more than $250 million in bribes to government officials in India for solar energy contracts, a move that stands to further roil his ports-to-power conglomerate. Here are some of the highlights from the 54-page indictment.
The Justice Department and a group of states proposed a raft of changes to the business practices of Alphabet Inc.’s Google — including a forced sale of the company’s Chrome web browser — in the wake of a landmark ruling that the tech giant illegally monopolized online search.