Tue, 21-Oct-2025

Ukraine crisis adds to inflation jitters as ECB meets

ukraine

FRANKFURT: Soaring inflation will be in focus when European Central Bank governors meet on Thursday, as the threat of war in Ukraine risked further fuelling already sky-high energy prices in the region. Prices rose in the eurozone at an annual rate of five per cent in December, the highest value on record for the currency … Read more

Spain’s Calvino elected head of IMF advisory committee

Spain

WASHINGTON: The Spanish government’s First Vice President Nadia Calvino was elected chair of the group of finance ministers and central bankers that advises the IMF’s board, the organization announced Thursday. Calvino, who is also her country’s economy minister, replaces Swedish Prime Minister Magdalena Andersson as head of the International Monetary and Financial Committee (IMFC), and will … Read more