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ECB president Christine Lagarde has presided over two consecutive interest rate hikes. Philipp von Ditfurth/Getty Images The European Central Bank just pulled the trigger on its biggest interest rate hike. The central bank increased rates by 75 basis points, and signaled further hikes. Economies around the world are raising rates as they battle to keep […]
Russian President Vladimir Putin. Mikhail Svetlov/Getty Images A halt in gas supplies to Europe could cost Russia as much as $ 6.6 billion a year, per Bloomberg. The export slump could lead to deep cuts in Russian gas output, hitting domestic energy goals. The EU's oil embargo could also cause production of the fuel to […]
It is possible to eliminate the monkeypox outbreak in Europe, World Health Organization officials said on Tuesday, highlighting evidence that case counts are slowing in a handful of countries.
Regional Airports on a Trip to Europe — Reader Success Story Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site […]
Europe should brace itself for a new wave of terrorist attacks when Islamic State (IS, formerly ISIS) supporters serving short sentences begin to emerge from jail in a few years, the head of Interpol has warned. The next big terrorist threat in Europe could come from IS supporters currently in prison for minor terrorism-related crimes, […]
Flights to Europe, Israel and Africa From 28,000 Miles Round-Trip Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does […]
London’s clearing-houses will be granted temporary equivalence
Ringo H.W. Chiu/AP Low-cost airline Norwegian Air is offering new budget-friendly flights to Europe. The airline will add two more nonstop routes from Boston’s Logan International Airport to Rome and Madrid in the summer of 2019. One-way fares to Rome start at $ 300, while one-way fares to Madrid start at $ 200. Both new […]
David Ryder/Getty Images Germany’s competition watchdog has launched an investigation into whether Amazon is abusing the dominance of its marketplace platform. The probe was prompted by numerous complaints lodged against Amazon by third-party sellers. It will run in tandem with a similar investigation by the EU into Amazon’s marketplace. Germany’s competition watchdog has launched an […]
AS THEY PREPARE for Brexit, many of London’s financial firms have begun to move some staff, or operations, to the continent. But financial contracts, notably derivatives, are difficult to uproot. London’s clearing-houses, which ensure that a contract is honoured even if one side goes bust, are globally important. As fears of an acrimonious Brexit have […]
