The Global financial system is fragmenting into regional and national systems, hitting Visa and MasterCard July 16, 2026 Last month, Jamison Greer, a top U.S. trade official, complained that Pix, Brazil’s instant payments system, was putting American companies like Visa and Mastercard…
The ECB is secretly rescuing France, while in 2010 it threw Greece into the jaws of the markets October 16, 2025 The European Central Bank (ECB), especially after the Greek adventure, has a long history of intervening in government bond markets in order to contain…
Why don’t central bankers want private money? – The stablecoins revolution August 7, 2025 In a recent speech in Portugal, Christine Lagarde — president of the European Central Bank (ECB) — gave a stern warning about the emergence…
The nightmare of ECB policy and the mistake of cutting interest rates June 13, 2024 The ECB decided to cut interest rates by 25 basis points on the same day it raised its own inflation estimates for 2024 and…
The ECB is looking for a compass in the crisis October 30, 2022 One of the ECB’s problems was that it had actually achieved its main purpose without necessarily doing much itself. By this we refer to…
ECB’s “Backstabbing” in Tested Italy March 19, 2020 The European edifice, called the EU since its inception to date and with the EU’s current colossal euro zone, has relied on solidarity between…
The Legacy of Super Mario Draghi October 31, 2019 Today and officially Mario Draghi delivers the leadership of the ECB to her new president, Christine Lagarde. The achievements of the “Super Mario” of…
What Highlights the choices of the New Heads of EU, Commission and ECB July 11, 2019 The new force associations that emerged with the results of the recent EU elections on May 26th 2019 led to political consultations and choices…