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The Latest Breaking News from ECB

Euro slumps to parity with dollar amid recession fears on Continent

At its lowest point the European currency was down 0.64 of a cent at exactly $1.00

Evening Standard

Euro Comes a Whisker off Parity vs Dollar, at New 20-Yr Low

The euro fell on Tuesday, almost touching parity with the dollar, a threshold not crossed for two decades, weighed down by the likelihood of recession triggered by an energy crunch and an ECB rate rise campaign that lags far behind that of the Fed. The dollar index, a measure against…

Asharq Al-Awsat

England men’s cricket team ‘became leaner and fitter in run-up to World Cup win’

A study found a drop in body fat and a likely increase in lean mass and aerobic capacity among players in a seven-year period.

The Independent UK

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Euro nears parity with dollar as pound hits two-year low

Europe’s single currency battered by fears over gas supply from Russia and US interest rate rises

The Guardian - UK

Failure Of Stablecoins Could Have Catastrophic Broader Financial Implications: ECB

Given that the largest stablecoins serve a critical function for crypto-asset markets’ liquidity, the failure of one of the largest stablecoins could have wide-ranging implications for crypto-asset markets and in turn contagion effects on the financial system, according to the European Central Bank (ECB).

Benzinga

The mystery of how quantitative tightening will affect markets

Central banks are starting to shrink their balance sheets, but fund managers say they have no clue as to how QT will play out

Financial Times

Richard Gleeson's cricket career almost came to sudden end before dream England debut

Richard Gleeson enjoyed a dream debut for England at the age of 34, having battled back from a potentially career-ending injury

Daily Mirror

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Report: Europe's banks need to raise game on climate risk

The European Central Bank has taken a look at how the continent's banks are accounting for possible losses from climate change

The Independent UK

Recession Fears Drag on Euro and Crude, Asian Markets Mixed

Crude extended the week's losses Thursday, while the euro struggled to recover from 20-year lows and equities were mixed as recession fears continued to cast a pall across trading floors. Expectations for a contraction in some of the world's leading economies, including China, where a new Covid-19 flare-up has generated…

Asharq Al-Awsat

RBI unveils measures to curb rupee slump, boost forex inflows

NEW DELHI: The Reserve Bank of India (RBI) on Wednesday unveiled fresh measures to stabilise the rupee, which touched multiple record lows against the US dollar.

The Times of India

RBI liberalises norms to boost forex inflows

MUMBAI: Reserve Bank of India (RBI) on Wednesday further liberalised norms to boost inflows of foreign exchange, including doubling the borrowing limit under the ECB route, amid the rupee falling against the US dollar.

The Times of India

Chance to Shine’s long slog breaches boundaries to find first internationals

Lauren Bell and Issy Wong are the first capped players helped by a charity that is successfully taking cricket to the streets

The Guardian - UK

Fans found guilty of racist abuse at Edgbaston face bans from cricket grounds

Investigations have been launched into allegations of abuse during the fifth Test between England and India.

The Independent UK

Police probe racism reports at Test match between England and India

West Midlands Police are liaising with officials at Edgbaston to find out what happened.

The Independent UK

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The Guardian - UK

England beat India by seven wickets with record chase to draw series – as it happened

Jonny Bairstow and Joe Root both make centuries to swing England to an astonishing victory at Edgbaston.

Dynamite News

Eng vs Ind: ECB, Warwickshire to investigate reports of racist abuse in crowd at Edgbaston

Warwickshire and the England and Wales Cricket Board (ECB) are investigating reports of racist abuse on the fourth day of the ongoing fifth Test match between England and India at Edgbaston. Read more on Dynamite News:

The Hindu

Eng vs Ind 5th Test | ECB to investigate racist abuse against Indian fans at Edgbaston

Several Indian fans took to Twitter to report the racism aimed at them by English fans during the fourth day's play of the 5th Test at Edgbaston

The Independent UK

England vs India: Allegations of racist abuse among the crowd at Edgbaston being investigated

The Bharat Army has claimed “many” of its members were targeted

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news in one place.

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Daily Mirror

Gary Ballance makes cricket return for first time since Azeem Rafiq racism allegations

Gary Ballance is back playing cricket for Yorkshire's Second XI for the first time since he admitted using a racial slur towards former teammate Azeem Rafiq

Daily Mirror

ECB official suspended over alleged racial slur directed at England legend Devon Malcolm

The ECB are facing another racial storm following the Azeem Rafiq allegations involving Yorkshire as Deveon Malcolm was the victim of a derogatory comment

The Guardian - UK

ECB suspends official over alleged comments directed at Devon Malcolm

The England and Wales Cricket Board have launched an investigation into accusations a racist comment was made about the former England fast bowler

The Independent UK

Senior ECB official suspended amid Devon Malcolm slur allegation

The ECB has declined to comment on the claims.

The Guardian - UK

Inflation in eurozone hits record 8.6% as Ukraine war continues

ECB plans first interest rate rise in 11 years as food prices increase and Putin’s invasion drives up energy costs

The Guardian - UK

UK and US manufacturing slows; eurozone inflation hits 8.6%; petrol at new record – as it happened

Orders at UK factories fall for first time in 17 months, as prices accelerate at a record pace across the eurozone

Evening Standard

England vs India: Expect lots of spice as rivals resume battle in longest series

Ten months late, in a different city, with an unusual start time and with the teams markedly changed, last summer’s 2021 series between England and India begins its final chapter tomorrow.

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