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Christine Lagarde

Lagarde avoids hackers posing as Merkel on WhatsApp

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Lagarde
  • Lagarde avoids hackers posing as Merkel on WhatsApp.  
  • Hackers attempted to trick her into giving them access to messaging services.
  • No sensitive data was compromised, according to the ECB.

Hackers posing as Germany’s former chancellor Angela Merkel attempted to trick European Central Bank president Christine Lagarde into giving them access to her WhatsApp messaging service, but they appear to have been repelled.

The hackers contacted the ECB president by text message, using what appears to have been Merkel’s real mobile phone number, asking her to switch to WhatsApp because it was more secure. Lagarde then called Merkel to confirm that this was indeed what she desired and quickly realized that the communication had not originated from her.

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Inflation in Germany, Spain climbs again in May

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Germany

Germany and Spain on Monday reported some other bounce in inflation in May because the struggle in Ukraine persevered to push up meals and electricity prices, the heaping strain on the European Central Bank to speed up interest price rises. In Europe’s pinnacle economy Germany, the yearly inflation charge quickened to 7.9 percent to attain the best … Read more

Why Crypto ‘Has No Worth,’ According to Bill Gates

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Crypto

The statements of Bill Gates often react to Internet customers. There is no doubt that his final launch on May 19 on Reddit will not please everybody. Speaking about cryptocurrencies, the co-founding father of Microsoft did no longer go with dead hands. He explains: ” I like to invest in things that have value. The … Read more

Lagarde signals end to ECB negative interest rates by September

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ECB

The European Central Bank will in all likelihood draw a line below the era of poor hobby prices by using September, its president Christine Lagarde stated Monday because the eurozone confronted hovering inflation. The ECB is “probable to be in a position to exit terrible interest fees through the end of the third region”, Lagarde wrote … Read more

ECB ‘ready to act’ if needed in Russia-Ukraine crisis

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Christine Lagarde

PARIS: The European Central Bank is ready to support price and financial stability in the eurozone if needed during the Russia-Ukraine crisis, its chief Christine Lagarde said Friday. “The ECB stands ready to take whatever action is necessary within its responsibilities to ensure price stability and financial stability in the euro area,” Lagarde told reporters … Read more

Eurozone inflation rises to new record high

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Eurozone

BRUSSELS: Inflation in the eurozone soared to a new record high in January, official data showed on Wednesday, adding pressure on the European Central Bank ahead of a monetary policy meeting this week. The figure hit 5.1 per cent last month, a first since the official Eurostat agency started to compile the data in 1997. … Read more

Euro marks 20 eventful years

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Euro

PARIS: The euro on Saturday marks 20 years since people began to use the single European currency, overcoming initial doubts, price concerns and a debt crisis to spread across the region. Euro banknotes and coins came into circulation in 12 countries on January 1, 2002, greeted by a mix of enthusiasm and scepticism from citizens who … Read more

Eurozone growth slowing after new Covid wave: survey

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Eurozone growth

BRUSSELS: Economic growth in the Eurozone slowed to a nine-month low in December, as a fresh wave of the coronavirus rattled businesses, especially in Germany, a closely watched survey said on Thursday. The survey, released by data firm IHS Markit, added that prices in Europe were continuing on their upward march, though rates of increase had … Read more

Female leaders outperformed in coronavirus crisis, says European Central Bank chief

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Female leaders outperformed in coronavirus crisis, says European Central Bank chief

Christine Lagarde, head of the European Central Bank (ECB), praised the women leaders, saying they were doing a better job in the Coronavirus crisis. According to the details, in an interview with the Washington Post, Christine Lagarde said that in countries where women are leaders, policies and coordination are excellent. She said that she was … Read more

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