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The #ECB's new boss @Lagarde has taken fellow policy-makers on a private retreat to heal the rift left by her predecessor, sources tell @Reuters
@Lagarde @Reuters As I tweet, governors are discussing the inner workings of the #ECB at a secret location outside the central bank's premises/2
@Lagarde @Reuters @Lagarde's symbolic gesture comes at a time of divisions at #ECB, where a third of governors, including those from Germany, France and the Netherlands, are unhappy about restarting a.26 trillion euro money-printing programme
@Lagarde @Reuters Read the full story @Reuters and here: invst.ly/omfxf

(And yes, it's 2.6 trillion euro... and counting).
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Marcel Fratzscher
@MFratzscher
Populism Germany style: “When saving makes you poor: zero interest rates are destroying the wealth of Germans.”

Today’s cover of @DerSPIEGEL , Germany’s most important weekly magazine.

The lead article is less biased, but is it responsible to further feed populist sentiment?
Germany is sliding into a dangerous anti-Europe, anti-ECB hysteria, which threatens to damage the ECB‘s credibility, the euro and ultimately all of Europe.

It is high time for an honest dialogue and for exposing the 20 German myths about #ECB monetary policy:
20 German myths about ECB monetary policy:

Myth #1:
The ECB alone is responsible for low interest rates.

Fact: interest rates are the results esp. of high savings and low investment, esp. in Germany. Governments have a big impact on interest rates via investment and growth.
Read 18 tweets
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Filomena Rocha
@Filomen03258997
49. The Legacy of US, UK, France, Israel, Saudi Arabia, Turkey, Bahrain, Canada, Qatar, United Arab Emirates, Germany, Belgium, Netherlands, Australia, Jordan, Nato in Syria
#RegimeChange #FakeNews #FalseFlag #terrorism #SyriaInvasion #WarCrimes #CrimesAgainstHumanity
1 to 20. The Legacy of US, UK, France, Israel, Saudi Arabia, Turkey, Bahrain, Canada, Qatar, United Arab Emirates, Germany, Belgium, Netherlands, Australia, Jordan, Nato in Syria 🤨👇🏼
threadreaderapp.com/thread/1136642…
21 to 40. The Legacy of US, UK, France, Israel, Saudi Arabia, Turkey, Bahrain, Canada, Qatar, United Arab Emirates, Germany, Belgium, Netherlands, Australia, Jordan, Nato in Syria 🤨👇🏼
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Read 391 tweets
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Christophe Barraud🛢
@C_Barraud
🇩🇪 It confirms that German GDP likely ⬇ in 2Q while proxies pointed to the risk of another ⬇ in 3Q (technical recession).

This scenario would add pressure on #Germany to launch a stimulus package to support growth at both the national and 🇪🇺 level.

🇪🇺 Trichet Sees Next Crisis if #ECB doesn’t get Help - Handelsblatt
handelsblatt.com/finanzen/geldp…
🇩🇪 #Germany’s economy needs a fiscal boost - FT
ft.com/content/5ea7db…
Read 67 tweets
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Kevin Corke
@kevincorke
#NEW Attorney General Bill #Barr is working "collaboratively" with #CIA Dir Gina #Haspell and DNI Dan #Coats in the effort to look into the origins of the #Russia investigation sources tell @foxnews. 1/4
Source confirms that US Attorney John #Durham was asked weeks ago to "review all intelligence collection activities" relating to the 2016 #Trump Presidential Campaign. 2/4
DOJ Inspector General Michael #Horowitz also has an open investigation into the circumstances surrounding the securing of #FISA warrants to surveil #Trump associates, such as Carter Page.
3/4
Read 5 tweets
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Louisa Conlon
@LouisaConlon
Great evening @brownejacobson yesterday on turning #policy into #practice: how to turn political speech into implementable law. So many takeaways... #CPhOFellows
From #policywindows and #policyentrepreneurs to #lawfulaudacity, good policy = hope+clarity+plan and doing your job but also making it better for the next person in it
And what mistakes the #NHS needs to avoid around #policy: operational ppl and policy makers detached; thinking it won’t happen; thinking the detail is already all worked out; avoiding considering how new policy can actually assist your work and not getting board buy in 😢
Read 3 tweets
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Christophe Barraud🛢
@C_Barraud
🇨🇳 #CHINA Q3 GDP Y/Y: 6.5% V 6.6%E (slowest growth since Q1 2009)
*NBS spokesman Mao Shengyong said that the international situation was bringing “downward pressure” on China.
*Link: bloom.bg/2RVX1ZA
🇫🇷 🇪🇺 🇨🇳 French tire maker Michelin warned of declining sales in Europe and #China in the second half of the year, dragging down shares of its competitors in the U.S. and Europe - Bloomberg
*Statement: bit.ly/2EujhqH
🇺🇸🇨🇳🇪🇺 In a volley of filings, the EU, #China and the U.S. this week escalated disputes over new U.S. metals tariffs, the European response to those levies, and Chinese intellectual property practices - Bloomberg
bloomberg.com/news/articles/…
Read 634 tweets

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