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...When you’re facing financial or reputational ruin yourself, it’s hard to see the funny side....
...But its president Christine Lagarde told reporters that a small minority of policymakers had argued for an immediate cut....
...The dysfunction is more than a diplomatic challenge for Biden: it threatens his re-election bid this year....
...“We’re at an important inflection point for Panama,” said Nicolas Jaquier, emerging markets fixed-income analyst at investment manager Ninety One....
...Mary Perkins jokes that if you were to cut Specsavers’ workers open, “they’ve got green blood”....
...ECB president Christine Lagarde’s post-meeting press conference will begin at 2.45 CET....
...christine.murray@ft.com...
...Markets shrugged off ECB president Christine Lagarde’s insistence that it was “premature to discuss rate cuts” with the euro nudging lower to $1.0862, down 0.2 per cent on the day....
...Investors are bracing for the European Central Bank’s interest rate decision at 2.15pm CET in Frankfurt (1.15pm GMT)....
...“But we’re going to need to see data like [inflation] next week that will corroborate the pushback to [a June cut].”...
...European Central Bank president Christine Lagarde said policymakers had “begun discussing the dialling back of our restrictive stance”, celebrating “good progress towards our inflation target”, even if “...
...The euro and European government bond yields nudged higher over the course of the European Central Bank’s press conference as president Christine Lagarde warned there was still “work to be done” in the battle...
...“Of course the guy from Harvard or Oxford doesn’t like it because it doesn’t chime with their scheme of democracy, but we’re living it and we’re enjoying it.” christine.murray@ft.com...
...He won a second term in 2017 after a controversial court decision that allowed him to run for re-election, leading to large-scale, deadly protests....
...Dishonourable, unfair and definitely not sporting; hopefully, in the spirit of the games, the performance of the athletes will be the opposite. Mary EvansHeathfield, East Sussex, UK...
...The DEA got in the ring, and now they’re fighting.” Former DEA agents said they saw warning signs from the first months of López Obrador’s term....
...Additional reporting by Mary McDougall...
...So I asked Christine, isn’t people-pleasing just part of her job? Christine Braamskamp When you’re in the professional services industry, you cannot not be a people person....
...“Uncertainty about the narrative of where we’re going in rates is the source of why things are so turbulent at the moment.”...
...In a press conference European Central Bank president Christine Lagarde said there was “more work to be done” in the battle to cool inflation while the Bank of England warned that risks to its UK inflation...
...The president, who cannot run for re-election, is due to leave office in October....
...“If he gets a popularity boost from this, will it embolden him or encourage him to bend the law in other ways in pursuit of popularity and re-election in February 2025?”...
...Voters in El Salvador were expected to re-elect President Nayib Bukele, as the authoritarian leader claimed victory and said his party had won almost all the seats in congress amid severe delays to the release...
...“We’re having a number of clients ask us, ‘why is the Fed going to cut rates at all?’...
...But Félix Ulloa, who is on leave from the vice-presidency and running again in February’s election, told the Financial Times: “For those accused of terrorism the sentences are cumulative, so you’re seeing...
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