Trump’s tariffs war set to hit UK growth, warns Bank of England

by | Apr 10, 2025 | banks, Central Banker, Central banks, Exports, Financial Services UK, growth, inflation, interest rates, Markets, Media, policy, social media, Supply chains, Tariffs, trade, Trade UK

LONDON — Britain’s economic growth is likely to take a hit from U.S. President Donald Trump’s tariffs, which represent the “most significant change” in trade policy in 100 years even after Wednesday night’s U-turn. That was the message from Bank of England Deputy...

Trump tariff war puts UK financial stability at risk, Bank of England warns

by | Apr 9, 2025 | Banking, banks, Central banks, Companies, Cooperation, environment, finance, financial services, Financial Services UK, Financial stability, growth, Markets, services, stability, Tariffs, trade, Trade UK, trade war, UK, war

Trade ructions could rock financial stability by lowering growth, the Bank of England warned Wednesday as U.S. President Donald Trump’s latest round of tariffs take effect. The global risk environment has deteriorated and uncertainty has intensified, the central...

France’s Fifth Republic is on the ropes

by | Apr 9, 2025 | banks, budget, courts, Crisis, democracy, elections, French politics, Fuels, Grains, Macron, parliament, Pensions, Politics, Poll, Rights, trade, trade war, war, war in Ukraine

PARIS — Emmanuel Macron’s terrible, horrible, no good, very bad week began with his far-right rival taking a flamethrower to a pillar of French democracy, and ended seven days later with his country’s main stock index plunging deep into the red.  But Marine Le Pen’s...

Trump’s deregulation agenda threatens global financial stability

by | Apr 8, 2025 | banks, Central banks, courts, Donald Trump, Economic governance, Finance and banking, Financial stability, Opinion, regulation, rule of law

Thorsten Beck is director of the Florence School of Banking and Finance and a professor of financial stability at the European University Institute (EUI). Vasso Ioannidou is a financial economist at Bayes Business School at City St George’s, University of London....

ECB’s Rehn on Trump tariffs: Europe must give as good as it gets

by | Apr 2, 2025 | banks, Bonds, Collateral, Debt, Defense, European Defense, Eurozone, growth, Imports, inflation, infrastructure, policy, Politics, Tariffs, trade, trade war, war

HELSINKI — The EU should prioritize politics over economics and retaliate against Donald Trump, one of the European Central Bank’s top policymakers said. In an interview with POLITICO, Bank of Finland Governor Olli Rehn urged the European Union to prepare...