Tags » Mario Draghi

Central banking leadership flux looms as global economy facing combustible challenges

WASHINGTON — The leaders of the world’s top central banks who risked trillions of dollars and their reputations to rescue the global economy are now set to walk off stage at a time when the lingering effects of the crisis, evolving technology and a combustible political landscape will challenge their successors. 1,152 more words


Notes From Underground: Some Areas Of Concern and Importance

As the tinder of prairie fires builds, these areas of concern are important because of the potential impact they can have on the market:

1. Sunday’s election results in Austria give rise to concerns about the rise of euroskeptic groups in several European nations. 749 more words


“Not Within Our Power to Prohibit or Regulate Bitcoin”: Mario Draghi

Mario Draghi, President of the European Central Bank (ECB) stating that bitcoin doesn’t fall under the regulatory powers of the ECB. The statement was made in response to questions from the Committee on Economic and Monetary Affairs of the European Parliament. 13 more words


ECB may stress test Greek banks next year

The European Central Bank may bring forward its stress test of Greek banks next year, finalising data well before Greece is due to exit its three-year, 86 billion euro international bailout. 161 more words


Notes From Underground: Angie, Angie (As Told By the Rolling Stones)

Mick Jagger was prescient when he sang these words in 1973:

You can’t say we never tried
Angie, you’re beautiful
But ain’t it time we say goodbye…

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Notes From Underground: German Elections. The Sound of Complacency Shattering?

I will start tonight’s BLOG with two very good comments from a long time reader and contributor GREEN AB who hails from Germany. Green has always provided great insight and though we don’t always agree I have great respect for his perspective. 1,349 more words


Notes From Underground: A Take On Mario Draghi in Two Parts

Part I: Mario Draghi, the master of obfuscation was at his best Thursday as he dodged MULTIPLE questions about the recent STRENGTH in the euro. Journalists were very well prepared and even threw back Draghi’s previous responses about how a 10 percent currency appreciation would lower inflation measures by 0.5 percent. 1,046 more words