World Economic Forum head Borge Brende quits after Epstein links revealed

Officials in Osaka, Japan, did not pay much attention when an anonymous donor pledged $3,000 toward repairing the city’s water pipes. But they did a few weeks later when the same donor sent the city a second installment: twenty-one gold bars worth more than $3 million and weighing about as much as an airline passenger’s checked baggage allowance. The gift, ...

Federal and state law enforcement agencies raided multiple jewelry stores across Georgia, Texas, and Florida on Wednesday, uncovering a massive fraud scheme involving more than $50 million worth of gold. The coordinated raids targeted businesses suspected of participating in what officials are calling a "gold bar scam" that has victimized hundreds, ...

It is a pleasure to return to this Committee for our regular dialogue. Let me start with a solemn reminder that this week marks four years since Russia launched its unjustified aggression against Ukraine. Our thoughts are with the Ukrainian people, who continue to endure immense suffering, and we stand in full solidarity with all those affected by this war. The euro area has faced an exceptionally challenging environment over recent years, with high inflation affecting both households and firms. We can now see, however, that our efforts to bring inflation down have been effective. Inflation has fallen markedly from its peak of 10.6% in October 2022. It fluctuated in a narrow range around 2% in the second half of last year and stood at 1.7% in January. The ECB’s decisive monetary policy response played a crucial role in bringing inflation back to target. However, even though inflation has declined, surveys show that many citizens still perceive prices to be ECB’s Lagarde: Inflation Expected to Stabilize at 2% Target in Medium Term Lagarde Says Food Inflation Likely to Decline and Settle Just Above 2% by End of 2026 Lagarde Says Growth Expected from Strong Labour Market and Spending on Defence, Infrastructure, and Digital Sectors