Iran's government hits out at crypto again as currency freefallsIran is tightening control over cryptocurrencies amid severe economic challenges, impacting over 10 million crypto users.
Russia's business elites signal they are tired of propping up the wartime economyRussian elites challenge potential 18% interest rate hike by central bank.
Turkish inflation on a downward trendTurkey's annual inflation rate slowed to 49.4% in September, disappointing analysts and suggesting a challenging economic outlook despite past interest rate hikes.
Maysaa Sabrine becomes first woman to lead Syria's central bankMaysaa Sabrine is the first female governor of the Syrian central bank, highlighting a historic gender milestone in the country's financial sector.
Russians are so nervous about the economy that the central bank took to Telegram to dismiss rumors about deposits being frozenThe Russian central bank has firmly dismissed rumors about freezing retail deposits, affirming its commitment to financial stability and citizen rights.
Iran's government hits out at crypto again as currency freefallsIran is tightening control over cryptocurrencies amid severe economic challenges, impacting over 10 million crypto users.
Russia's business elites signal they are tired of propping up the wartime economyRussian elites challenge potential 18% interest rate hike by central bank.
Turkish inflation on a downward trendTurkey's annual inflation rate slowed to 49.4% in September, disappointing analysts and suggesting a challenging economic outlook despite past interest rate hikes.
Maysaa Sabrine becomes first woman to lead Syria's central bankMaysaa Sabrine is the first female governor of the Syrian central bank, highlighting a historic gender milestone in the country's financial sector.
Russians are so nervous about the economy that the central bank took to Telegram to dismiss rumors about deposits being frozenThe Russian central bank has firmly dismissed rumors about freezing retail deposits, affirming its commitment to financial stability and citizen rights.
How a Country's Economy Was Siphoned DryBangladesh's financial system was drained by $17 to $30 billion under the previous government, marking a colossal economic crisis.
Uganda court charges senior finance officials with corruption over central bank hackingNine Ugandan officials charged with corruption related to $21 million hacking incident affecting the central bank.
Lebanon detains former central bank governor accused of financial crimesRiad Salameh, former central bank governor of Lebanon, was detained amidst corruption investigations, reflecting the country's ongoing financial crisis.
Mauritius issues arrest warrant against former central bank governorFormer central bank governor Harvesh Kumar Seegolam is being investigated for alleged conspiracy to defraud, raising concerns of governmental financial misconduct in Mauritius.
How a Country's Economy Was Siphoned DryBangladesh's financial system was drained by $17 to $30 billion under the previous government, marking a colossal economic crisis.
Uganda court charges senior finance officials with corruption over central bank hackingNine Ugandan officials charged with corruption related to $21 million hacking incident affecting the central bank.
Lebanon detains former central bank governor accused of financial crimesRiad Salameh, former central bank governor of Lebanon, was detained amidst corruption investigations, reflecting the country's ongoing financial crisis.
Mauritius issues arrest warrant against former central bank governorFormer central bank governor Harvesh Kumar Seegolam is being investigated for alleged conspiracy to defraud, raising concerns of governmental financial misconduct in Mauritius.
PTSB boss "failed to act in the best interests of tracker mortgage customers"Mr. Guinane was found not guilty of dishonesty, but may face sanctions due to procedural failures at PTSB.
Central Bank inquiry says PTSB boss 'failed to act in the best interests of tracker mortgage customers'The Central Bank inquiry found Mr. Guinane not guilty of dishonesty, raising questions about employer responsibility in regulatory compliance.
PTSB boss "failed to act in the best interests of tracker mortgage customers"Mr. Guinane was found not guilty of dishonesty, but may face sanctions due to procedural failures at PTSB.
Central Bank inquiry says PTSB boss 'failed to act in the best interests of tracker mortgage customers'The Central Bank inquiry found Mr. Guinane not guilty of dishonesty, raising questions about employer responsibility in regulatory compliance.
Russia Raises Interest Rate to 21 Percent, Its Highest in DecadesRussia's central bank raised borrowing costs to 21% to combat inflation driven by military spending, the highest rate in over 20 years.
Median interest rate on mortgages is up, says Central BankNon-bank lenders offer lower mortgage rates than traditional banks, highlighting a shift in the lending landscape.
Russia hikes interest rates to combat high inflationRussia's central bank raised interest rates to combat inflation exacerbated by military spending.High demand in Russia is outpacing supply capabilities, contributing to economic strain.Inflation control is a high priority for Russia's central bank, targeting a reduction by 2025.
China's Central Bank Stops Buying Bonds as Deflation Fears Grip EconomyThe Chinese central bank's halt on bond purchases signals stagnation, aiming to adjust the declining interest rates amidst low inflation.
China Cuts Interest Rates and Mortgage Down PaymentsChina's central bank is taking aggressive measures to encourage borrowing and combat economic stagnation.
Mortgage rates at their lowest level in year and a halfIrish mortgage rates are declining slowly compared to the Eurozone, with the gap at its widest in over two years.
Russia Raises Interest Rate to 21 Percent, Its Highest in DecadesRussia's central bank raised borrowing costs to 21% to combat inflation driven by military spending, the highest rate in over 20 years.
Median interest rate on mortgages is up, says Central BankNon-bank lenders offer lower mortgage rates than traditional banks, highlighting a shift in the lending landscape.
Russia hikes interest rates to combat high inflationRussia's central bank raised interest rates to combat inflation exacerbated by military spending.High demand in Russia is outpacing supply capabilities, contributing to economic strain.Inflation control is a high priority for Russia's central bank, targeting a reduction by 2025.
China's Central Bank Stops Buying Bonds as Deflation Fears Grip EconomyThe Chinese central bank's halt on bond purchases signals stagnation, aiming to adjust the declining interest rates amidst low inflation.
China Cuts Interest Rates and Mortgage Down PaymentsChina's central bank is taking aggressive measures to encourage borrowing and combat economic stagnation.
Mortgage rates at their lowest level in year and a halfIrish mortgage rates are declining slowly compared to the Eurozone, with the gap at its widest in over two years.
Central Bank decision to disband consumer protection unit fuels fears customers will be weakenedThe Central Bank's consumer protection directorate is being abolished, raising concerns about the prioritization of consumer protections amid ongoing criticism.
OECD warns Central Bank to ensure consumer protection remains top priority as unit disbandedCentral Bank's consumer protection unit closure may risk consumer advocacy effectiveness, warns OECD.
Thousands may have paid inflated interest rates in suspected car sales scandalUrgent investigation into discretionary commission arrangements in car finance is needed to protect consumers in Ireland.
Central Bank decision to disband consumer protection unit fuels fears customers will be weakenedThe Central Bank's consumer protection directorate is being abolished, raising concerns about the prioritization of consumer protections amid ongoing criticism.
OECD warns Central Bank to ensure consumer protection remains top priority as unit disbandedCentral Bank's consumer protection unit closure may risk consumer advocacy effectiveness, warns OECD.
Thousands may have paid inflated interest rates in suspected car sales scandalUrgent investigation into discretionary commission arrangements in car finance is needed to protect consumers in Ireland.
Russian central bank takes desperate stand to halt collapsing ruble and fierce inflationRussia's central bank stops foreign currency purchases to stabilize the ruble amid soaring inflation, marking a significant economic intervention.
Russia's GDP growth slowed in Q2 while inflation continued to soar on the back of heavy state spending: reportRussia's GDP growth slowed to 4% in Q2 amidst rising inflation. Central bank raised interest rates to combat overheating.
Inflation in Chile: Price deceleration returns - London Business News | Londonlovesbusiness.comInflation in Chile has slowed, providing relief from previous pressures and opening room for potential interest rate cuts.Consumer prices showed modest growth, with key sectors experiencing declines that contributed to easing inflation.
Russian central bank takes desperate stand to halt collapsing ruble and fierce inflationRussia's central bank stops foreign currency purchases to stabilize the ruble amid soaring inflation, marking a significant economic intervention.
Russia's GDP growth slowed in Q2 while inflation continued to soar on the back of heavy state spending: reportRussia's GDP growth slowed to 4% in Q2 amidst rising inflation. Central bank raised interest rates to combat overheating.
Inflation in Chile: Price deceleration returns - London Business News | Londonlovesbusiness.comInflation in Chile has slowed, providing relief from previous pressures and opening room for potential interest rate cuts.Consumer prices showed modest growth, with key sectors experiencing declines that contributed to easing inflation.
Libya's eastern government says oilfields closed over central bank spatThe shutdown of oilfields in Libya reflects deeper tensions between rival governments disrupting potential peace negotiations.
Libya central bank halts operations over employee abduction DW 08/19/2024The Central Bank of Libya has suspended operations due to the kidnapping of its head of IT amid rising tensions and threats from armed factions.
Libya's central bank chief flees country over militia threats: ReportLibya faces intensified political turmoil as the central bank's governor flees from militia threats, leading to a suspension of banking operations.
US and UN call for talks in Libyan dispute over control of central bankDiplomatic solutions are crucial to resolve the Libyan economic crisis and central bank control disputes.
Deal to Reopen Libya's Central Bank Eases Fears of Renewed ConflictLibya has agreed on a new Central Bank governor, signaling potential stabilization amid longstanding political tensions.
Libya's central bank suspends operations' after official abductedThe Central Bank of Libya halted all operations due to the abduction of an official, highlighting severe security concerns.
Libya's eastern government says oilfields closed over central bank spatThe shutdown of oilfields in Libya reflects deeper tensions between rival governments disrupting potential peace negotiations.
Libya central bank halts operations over employee abduction DW 08/19/2024The Central Bank of Libya has suspended operations due to the kidnapping of its head of IT amid rising tensions and threats from armed factions.
Libya's central bank chief flees country over militia threats: ReportLibya faces intensified political turmoil as the central bank's governor flees from militia threats, leading to a suspension of banking operations.
US and UN call for talks in Libyan dispute over control of central bankDiplomatic solutions are crucial to resolve the Libyan economic crisis and central bank control disputes.
Deal to Reopen Libya's Central Bank Eases Fears of Renewed ConflictLibya has agreed on a new Central Bank governor, signaling potential stabilization amid longstanding political tensions.
Libya's central bank suspends operations' after official abductedThe Central Bank of Libya halted all operations due to the abduction of an official, highlighting severe security concerns.
China Unexpectedly Cuts Interest Rate as World Markets SagChina's central bank cuts key interest rate to counter economic challenges and housing market crisis.
Bitcoin Little Changed as China Announces Stimulus; Traders Say Harris' Win Unlikely to be BearishBitcoin and ether fell after China's central bank announced stimulus measures, while local stock indices rose sharply as traders favored equities over crypto.
China Unexpectedly Cuts Interest Rate as World Markets SagChina's central bank cuts key interest rate to counter economic challenges and housing market crisis.
Bitcoin Little Changed as China Announces Stimulus; Traders Say Harris' Win Unlikely to be BearishBitcoin and ether fell after China's central bank announced stimulus measures, while local stock indices rose sharply as traders favored equities over crypto.
Australia to Prioritise Wholesale CBDC Over RetailAustralia's central bank prioritizes a wholesale central bank digital currency (CBDC) for its advantages over a retail version.
Russia Is About to Try Using Crypto to Get Around SanctionsRussia is trialing cross-border crypto payments next week to circumvent sanctions.
Trump would face constraints in remaking the Federal Reserve if electedTrump's desire for more control over the Federal Reserve faces political and economic limits.
The Guardian view on Labour's big idea: organising the state effectively matters for jobs and growth | EditorialThe Labour party is proposing new institutions to drive future-facing industries and job creation, but questions remain about funding and effectiveness.
Nigeria Directs Entities to Identify Those Dealing Crypto With Bybit, KuCoin, OKX and BinanceNigeria's Central Bank directs financial institutions to identify and cease transactions with Bitmex, KuCoin, OKX, and Binance.
Sweden's Central Bank Chief Wants 'as Little Bitcoin as Possible' in Country's Financial System: BloombergSweden's central bank governor emphasizes avoiding involvement with bitcoin due to its speculative nature and history of value collapses.Sweden led EU in advocating for a ban on crypto mining and abolished tax incentives for data centers, including bitcoin mining, due to energy concerns.