The feud between Libya’s two governments for control of its central bank intensified on Wednesday as more oil fields shut down and the eastern government demanded the return of ousted bank governor Sadiq al-Kabir.
The European Central Bank outlined its plans for the introduction of a “digital euro” throughout the EU as soon as next year.
Mazen Ahmed, director of investments and remittances at the Central Bank of Iraq (CBI), said on Thursday that cash withdrawals and transactions using U.S. dollars will be banned effective January 1, 2024.
The Central Bank of Turkey hiked interest rates for the first time in 27 months on Thursday, reversing a key economic policy that President Recep Tayyip Erdogan stubbornly defended throughout his turbulent reelection campaign.
Europe’s green agenda could “blow up” the continent’s economy if things do not change, the deputy leader of Italy’s central bank has warned.
Argentine libertarian economist Javier Milei formally debuted his political coalition’s campaign platform on Tuesday, a formal requirement for him to run in the October 2023 presidential elections.
The Federal Reserve continued to increase interest rates by quarter of percent (25 basis points) on Wednesday, a decision subject to speculation by financial experts, as the central bank weighed reducing soaring inflation and the stability of the banking system.
Credit Suisse shares tumble after forced merger with another bank rejected. Switzerland’s largest party said it was against a guarantee.
The head of Poland’s central bank has claimed that Germany is eyeing up ways of seizing territory lost to Poland after the end of the Second World War.
The head of Europe’s ECB has claimed that crypto assets are “worth nothing”, but that a future centrally controlled digital Euro would be valuable.
Lebanese Deputy Prime Minister Saadeh al-Shami announced on Sunday that “the state has gone bankrupt,” along with its central bank, Banque du Liban.
The Bank of England has warned that inflation could hit 8 per cent by as early as next month as it raised interest rates on Thursday.
Cornell Univerity Professor Saule Omarova is President Joe Biden’s pick to oversee banking despite her radical academic writings.
The U.S. has successfully prevented the Taliban terror group from accessing roughly $10 billion in reserves in Afghanistan’s central bank, the New York Post reported Tuesday.
Teeka Tiwari, editor of a financial newsletter from the Palm Beach Research Group — and advertising sponsor of Breitbart News — said Monday that bitcoin and other cryptocurrencies will likely become checks against central banks’ printing of money.
Venezuela’s central bank published comprehensive economic data this week for the first time since 2015. The report published by the regime of dictator Nicolas Maduro was not as horrifying as projections from outside observers like the International Monetary Fund (IMF) but nevertheless admits to dizzying rates of inflation and a collapsing economy.
Opposition legislator Angel Alvarado told Reuters on Wednesday the Maduro regime has removed at least eight tons of gold from Venezuela’s central bank for unknown reasons. At current prices, the gold is worth over $300 million. Alvarado’s account was backed up by three sources within the Venezuelan government.
According to independent cybersecurity analysts and some officials from Pakistan’s Federal Investigation Agency (FIA), a large-scale hacking operation attacked the nation’s banks beginning on October 27, reports revealed Tuesday.
JERUSALEM — Israeli Prime Minister Benjamin Netanyahu has nominated a University of Pennsylvania business school professor to be the next chief of Israel’s central bank.
Federal Reserve chairman Jerome Powell wants to make America’s central bank easier to understand and more open to the public.
Coinucopia is now offering ready-access Bitcoin ATMs at 17 Northern California locations as the cryptocurrency boom draws broader public interest.
LONDON (AP) — Striking employees at the Bank of England wore comical masks depicting the face of Governor Mark Carney on Tuesday as they stood outside the institution demanding better pay.
Government central banks are jettisoning the euro over fears for the stability of the European Union (EU) – but continue to see the pound sterling as an attractive long-term investment.
(AFP) – Treasury and currency markets were roiled Tuesday by signs that US and European central banks may be closer to monetary tightening measures than previously thought. Yields on US treasuries rose sharply following comments from two Federal Reserve regional
You might think, as many investors do, that a loss of confidence in Beijing caused the Chinese market rout, but Beijing thinks you’ll find the real culprits along the banks of the Potomac.
The Chinese market crisis has been described as a loss of investor confidence prompted by Beijing’s search for innovative new ways to control China’s economy.
