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DW Business July 13, 2024

Draghi be remembered as a hero the head of the European Central bank is said to hold his last meeting before heading over the reins several members of his governing council have publicly criticized his latest measures one top official even resigning over druggies new open ended bond buying scheme which is saying that stabilizing the euro zone. The italian economist has been at the helm of the e. C. B. For 8 years now and they couldnt have been more turbulent. By 2010 and the financial crisis that 1st struck in the us was spreading its contagion to europe economies banks entire nation seemed to be teetering on the edge when the euro came under massive pressure mario druggies comments about what he would do to save it made history. Whatever it takes he said. And it would take a lot by buying up sovereign bonds issued by deeply indebted Member States he allowed them to avoid go ....

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BLOOMBERG The Pulse January 14, 2015

Im francine lacqua. We are getting breaking news out of italy. Possible qe next week in terms of that inflation figure that is due out any second. Weve already had a lot of macro news affecting the euro this morning. Though it actually hasnt affected the euro in terms of where the currency is trading. A little relief for mario draghi. The European Court of justice has given a favorable opinion on outright monetary transactions, seen as a precursor to the qe plan that many people believe draghi will announce next week. The court has said the omt plan is legal in principle. What can you tell us about this opinion . It seems like it is a green light. In principle, theres nothing behind me in announcing quantitative easing. It seems like the last potential major road brock roadblock has been lifted. The European Court of justice said it may be legal. The outright monetary transac ....

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CSPAN2 Key Capitol Hill Hearings October 18, 2013

We now have about 1. 4 trillion in mortgages on their own Balance Sheet. Making the fed as i previously said the Worlds Largest savings and loan. The feds goal is to push house prices higher, and in my view, they have no overachieved. I want to look at house prices in a much longer perspective. I hope you can see some of his chart. This is a 60 year history that goes from 19532015. Its a slight of the Consumer Price index versus average u. S. House prices, both indexed to 1953 equal 100. What you can immediately see if you cant read numbers is that there is an extremely strong correlation and mean reversion of house prices to general inflation, which makes sense if you think about it. Obviously, with the bubble we went far off that underlying trend, and then with a shriveled house prices came right back. If you can look o ....

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CSPAN2 Key Capitol Hill Hearings October 21, 2013

We had a vote several months ago on putting minimal things about gun control in, and it got voted against it. We had congressmen that had 85 of their district that were for this. And you sound like youre hopeful that we can do something about this . [laughter] i mean, i just dont see that this could happen. How do we do this . How can you be hopeful . Okay, you discouraged me, i quit. [laughter] i guess its part of, you know, you gotta have hope, you gotta keep trying. Things take time, and, you know, ive been discouraged certainly, when i heard the news about newtown, i was just so depressed partly because it shouldnt have had to have happened. Again, you cant stop all evil, maybe something bad still would have happened, but it shouldnt have had to be this bad of a situation. And its just youve got to keep pushing. I believe that right does triumph, that people do come to their senses, that you can make a difference, and if i didnt believe that, im not sure i could get up in the morni ....

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CSPAN2 K Nattgtbtol Hill Hearings January 10, 2014

Negotiation that has to take place. And it needs to involve people who represent several different points of view, both from within the ruling party and outside. And that observation brings me to mr. Pendergast. After the Security Councils approval of additional peacekeeping troops for south sudan last month, you commented that the political and diplomatic elements of International Responses to most african conflicts have been slow and ineffective. Which have put more pressure on peacekeeping missions than they have the wherewithal to fully adept, to which theyre totally unprepared. Can you talk about this . Id like to go into greater depth of the context of the Current Situation in south sudan. And why its important for the peacekeeping missions to be accompanied by very rigorous diplomatic engagement fro ....

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