Finance may be junked from EU climate law, leaked memo shows. Critics say it could be unenforceable
LONDON (AP) — A flagship EU law intended to push European companies toward net zero faces being seriously weakened by...
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Bank of England keeps main UK interest rate at 15-year high of 5.25% and cautions over oil prices
LONDON (AP) — The Bank of England kept its main interest rate unchanged on Thursday at the 15-year high of...
Europe’s central bank halts rate hikes as war in the Middle East casts a shadow over the economy
FRANKFURT, Germany (AP) — The European Central Bank left interest rates unchanged Thursday for the first time in over a...
Bank of England joins US Fed in keeping interest rates unchanged after inflation declines
LONDON (AP) — The Bank of England on Thursday joined the U.S. Federal Reserve in pausing interest rate increases after...
Europe’s central bank hikes key interest rate to record high even as recession threat grows
FRANKFURT, Germany (AP) — The European Central Bank hiked its key interest rate to a record high Thursday, pressing its...
EU rebukes its representative in Austria over ‘blood money’ comment on Russian gas imports
BRUSSELS (AP) — The European Union’s executive branch strongly criticized the bloc’s representative in Austria for accusing the country of...
What’s behind the tentative US-Iran agreement involving prisoners and frozen funds
DUBAI, United Arab Emirates (AP) — The United States and Iran reached a tentative agreement this week that will eventually...
US, UK, and Canada sanction Lebanon’s former central bank governor over corruption allegations
BEIRUT (AP) — The United States, United Kingdom, and Canada slapped sanctions Thursday on Lebanon’s embattled former central bank governor...
Europe’s economy shows modest growth after months of stagnation as rate hikes weigh on businesses
FRANKFURT, Germany (AP) — The European economy grew modestly in the most recent quarter, breaking out of a months of...
Bank owners and citizens protest deterioration of the Iraqi dinar following US ban on Iraqi banks
IRBIL, Iraq (AP) — Dozens of people protested in front of the Central Bank of Iraq in Baghdad and bank...
