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Added on the 09/10/2015 18:54:01 - Copyright : Euronews FR
Venice (Italy), July 9 (EFE) .- (Camera: Álvaro Padilla) The president of the European Central Bank, Christine Lagarde, arrived on Friday at the G20 finance meeting in Venice.FOOTAGE OF LAGARDE'S ARRIVAL
On Friday, Bitcoin slid as investors took profits from the volatile trading week. Business Insider reports the cryptocurrency fell as much as 11%, to $34,409.04, at intraday lows. The slide closes out bitcoin's second most volatile week in the last three years. The coin climbed as much as $41,440 before falling as low as $30,324. The week also saw more voices dismiss the cryptocurrency as a dangerous market bubble. Billionaire investor Mark Cuban likened it to the internet stocks of the dot-com era. European Central Bank president Christine Lagarde deemed it a "highly speculative asset which has conducted some funny business."
European Central Bank President Christine Lagarde announces that ECB European Central Bank left its key interest rates unchanged again. The third consecutive pause since October was widely expected, and leaves the benchmark deposit rate at a record high of four percent. SOUNDBITE
European Central Bank governors did not "discuss rate cuts at all" at their meeting on Thursday, president Christine Lagarde says, as the institution freezes borrowing costs again. "We did not discuss rate cuts at all. No discussion or debate on this issue." Lagarde tells a press conference, as the central bank seeks to douse growing market hopes of early drops in interest rates next year. SOUNDBITE
European Central Bank President Christine Lagarde says the institution will freeze borrowing costs again on Thursday but warns that inflation could pick up again in the near term, in an apparent pushback against market hopes of early rate cuts in 2024. It is the second time in a row the central bank has held rates, following a run of historic hikes to tame runaway price rises. SOUNDBITE
The European Central Bank is "very attentive" to economic risks posed by the conflict between Israel and Palestinian militant group Hamas, ECB president Christine Lagarde says after a meeting held exceptionally in Athens. Referring to the crisis in the Middle East as well as the war in Ukraine, she says: "We are monitoring the situation, we are very attentive to the economic consequences that that could have, whether in terms of direct or indirect impact on energy prices, or the level of confidence that economic actors will continue to display." SOUNDBITE
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