Category Archives: Economy

15Apr/15

Protester disrupts Draghi news conference

ECB-Mario-Draghi
(BVO , NVO) – European Central Bank president Mario Draghi got the surprise of his life on Wednesday, when a woman in a black T-shirt jumped on his desk shouting ‘End the ECB dictatorship’. She also threw confetti over his head.

The news conference in Frankfurt was briefly adjourned as the woman was carried from the room.

01Apr/15

U.S. still cold on China-led infrastructure bank

(BVO) – Growing competition for political influence in Asia, as the U.S. pivot to the region hits a hiccup.

A long list of countries ranging from Denmark to Australia signing up to join the China-led Asian Infrastructure Investment Bank – leaving the U.S. and key ally Japan out in the cold.
Continue reading

31Mar/15

Europe, U.S. division over China-led bank

(BVO) – A new clash between the U.S. and China in the bid for influence in fast growing Asia.

Beijing has taken the lead in jump-starting a new government-funded infrastructure bank – the AIIB – recently gaining the support of traditional U.S. ally Great Britain for the 50-billion dollar project.
Continue reading

13Mar/15

EZ’s Friday the 13th – lucky for some?

(Reuters Business Report) – Frankfurt’s Dax – on its longest streak of weekly gains since 1998.

This, in fact, its ninth week.

Europe is the feelgood factor.
Continue reading