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Highlights

A collection of news and information related to Mario Draghi published by this site and its partners.

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    May 2, 2013 |Story| Los Angeles Times

  1. European Central Bank cuts key interest rate to fight recession

    WASHINGTON -- The European Central Bank on Thursday lowered its key interest rate to a record low level in an effort to spur economic growth in the recession-plagued Eurozone.
    WASHINGTON -- The European Central Bank on Thursday lowered its key interest rate to a record low level in an effort to spur economic growth in the recession-plagued Eurozone. The central bank's policymakers lowered its main refinancing rate by 0.25...

    Tags: Economy, Business and Finance, Labor Markets, Employment, Federal Reserve, Finance

    2. Mar 24, 2013 |Column| Chicago Tribune

  2. MarksJarvis: Cyprus crisis keeps investors on edge

    We've been here before. It's a weekend reminiscent of the jittery past year. Investors are on edge as they gaze at political leaders across the Atlantic for assurances they will extend a last-minute bailout to a struggling European country and...

    Tags: Cyprus, Economy, Business and Finance, Citigroup Incorporated, Finance, European Union

    3. Mar 20, 2013 |Story| Los Angeles Times

  3. Could tiny Cyprus trigger collapse of the Eurozone?

    It’s being marketed as a one-time tax -- a civic donation to the nation’s financial stability. But the people of Cyprus know it by another name: expropriation.
    It’s being marketed as a one-time tax -- a civic donation to the nation’s financial stability. But the people of Cyprus know it by another name: expropriation. A government plan to siphon as much as 10% from individual bank deposits to co-...

    Tags: International Monetary Fund, Carnegie Endowment for International Peace, Elections, European Central Bank, Cyprus

    4. Mar 3, 2013 |Column| Chicago Tribune

  4. MarksJarvis: International news unsettling, but Americans remain confident

    It was a maybe, maybe not week. Investors didn't think they needed to worry about sequestration; then they thought maybe they should. The outcome of Italy's elections looked foreboding for Europe's stability, but then investors thought, with time,...

    Tags: Consumer Confidence, Federal Reserve, Elections, Personal Income, U.S. Senate Committee on Banking, Housing, and Urban Affairs

    5. Feb 27, 2013 |Column| Chicago Tribune

  5. MarksJarvis: Economic jitters come rushing back as Italians vote against austerity

    Our European vacation from stock market angst has ended abruptly, with Italy's elections this week showing investors worldwide that they may have jumped too quickly at the conclusion that Europe's debt crisis had been tamed.
    Our European vacation from stock market angst has ended abruptly, with Italy's elections this week showing investors worldwide that they may have jumped too quickly at the conclusion that Europe's debt crisis had been tamed. Much of the financial...

    Tags: China, Citigroup Incorporated, Consumer Confidence, Labor Markets, European Debt Crisis

    6. Feb 20, 2013 |Column| Chicago Tribune

  6. MarksJarvis: Gold's fade prompts some to say bull market is ending

    Are the golden years over for gold?
    Are the golden years over for gold? With prominent hedge fund managers such as George Soros selling large quantities of gold, and the price down about 16 percent from 2011's all-time peak of more than $1,900, some experts think gold's best days could be...

    Tags: Inflation and Deflation, Citigroup Incorporated, Metal, Mutual Funds, Federal Reserve

    7. Feb 6, 2013 |Column| Chicago Tribune

  7. MarksJarvis: Investors nervous at peak but keep investing

    It's not unusual to lose your balance while standing on a peak.
    It's not unusual to lose your balance while standing on a peak. And so it goes with the stock market. Investors suffered some fear of heights Monday and sent the Dow Jones industrial average tumbling. It was the worst day of this year, with a triple-...

    Tags: Government, European Debt Crisis, Fiscal Cliff, Elections, Congressional Budget Office

    8. Feb 4, 2013 |Column| Allentown Morning Call

  8. Germany will never let ECB shut Deutsche Bank

    The first people to tell the public that the world's oldest bank was cooking its books weren't the bank's executives, its outside auditors at KPMG, its regulators at the Bank of Italy, or anyone else who had a duty to keep the place honest. They were...

    Tags: Government, European Debt Crisis, European Union, Executive Branch, Bloomberg L.P.

    9. Jan 27, 2013 |Column| Chicago Tribune

  9. MarksJarvis: With stocks riding high, some analysts say 'buy'

    The stock market is at a five-year high after gaining 13.4 percent last year and carrying investors on a remarkable four-week run so far in 2013.
    The stock market is at a five-year high after gaining 13.4 percent last year and carrying investors on a remarkable four-week run so far in 2013. With the Standard & Poor's 500 index up 5 percent in less than a month, investors are torn between...

    Tags: China, Economy, Business and Finance, JPMorgan Chase & Co., Mutual Funds, Stock Market

    10. Jan 23, 2013 |Story| Los Angeles Times

  10. Investors say U.S. fiscal woes pose biggest risk to global economy

    WASHINGTON -- Investors around the world say the fiscal woes of the U.S. -- highlighted by the ongoing fight over the debt limit -- pose the biggest risk to the global economy this year, according to poll results released Wednesday.
    WASHINGTON -- Investors around the world say the fiscal woes of the U.S. -- highlighted by the ongoing fight over the debt limit -- pose the biggest risk to the global economy this year, according to poll results released Wednesday. More than a third of...

    Tags: China, Globalization, European Debt Crisis, Fiscal Cliff, Google+

    11. Jan 1, 2013 |Column| Chicago Tribune

  11. MarksJarvis: Stocks climb more than 13 percent in 2012 despite a lackluster economy

    You had perfectly good reasons for being cowardly about the stock market in 2012, but caution didn't serve you well.
    You had perfectly good reasons for being cowardly about the stock market in 2012, but caution didn't serve you well. Despite the fear that a eurozone breakup and a European bank infection would set off another global financial crisis ... despite the...

    Tags: Globalization, China, Citigroup Incorporated, Mutual Funds, Fiscal Cliff

    12. Nov 15, 2012 |Story| Los Angeles Times

  12. Double dip: Eurozone falls back into recession

    The Eurozone is back in a recession, its first in three years, as gross domestic product for the debt-plagued 17-nation bloc contracted 0.1% in the third quarter from the earlier quarter.
    The Eurozone is back in a recession, its first in three years, as gross domestic product for the debt-plagued 17-nation bloc contracted 0.1% in the third quarter from the earlier quarter. In the second quarter, the currency collective tightened 0.2%,...

    Tags: Economic Indicator, Gross Domestic Product, European Union, Europe, Summer Olympics

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