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The Latest Breaking News from Christine Lagarde

Talks of a looming stagflation in the European Union have intensified over the past month as the region suffers from what many describe as the worst conflict in the continent in decades, threatening skyrocketing inflation, supply shortages, job losses and famine. Worst economic shock since WWII

Benzinga

Bitcoin, Ethereum, Dogecoin Rallies Halt: Are Inflation And War Concerns Reasserting Their Dominance?

Bitcoin, Ethereum and Dogecoin traded flat on Wednesday evening as the global cryptocurrency market cap fell 0.5% to $2.15 trillion.

Benzinga

EV battery manufacturer Novonix gains 9pc as critical minerals boosted, but ASX closes down

Instability and inflation continue to weigh on global markets, with the Australian market finally coming down off a winning streak to follow sentiment down.

ABC News

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European Central Bank chief: No data suggests stagflation

The European Central Bank's president says no data currently suggests that Europe will fall into stagflation, which is a combination of high inflation, little or no economic growth and high unemployment

The Independent UK

Sanctions highlight need for regulation of crypto market, Bank officials say

The value of crypto assets around the world increased tenfold between early 2020 and November last year, hitting as high as 2.9 trillion dollars.

The Independent UK

Crypto Is Serving Russia's Sanction Evasion, ECB President Says

European Central Bank President Christine Lagarde believes market data backs her belief that Russian actors are using cryptocurrencies such as Bitcoin (CRYPTO: BTC) to circumvent sanctions.

Benzinga

US inflation rises to new 40-year high of 7.9%; Abramovich sanctioned by UK – as it happened

ECB raises inflation forecasts, cuts growth outlook amid Ukraine conflict, as stock markets slide and Chelsea FC owner is sanctioned by Britain

The Guardian - UK

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UK house prices hit record high but slowdown looms; eurozone bond yields rise – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Europe's central bank faces challenges from record inflation

The European Central Bank is facing record inflation as it meets Thursday

The Independent UK

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