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European Central Bank @ecb
, 5 tweets, 3 min read Read on Twitter
Financial stability conditions in the euro area remain favourable but risk-taking in most financial markets has intensified over the last six months. Read our press release on the latest Financial Stability Review to find out more ecb.europa.eu/press/pr/date/…
Watch: Vice-President Vítor Constâncio introduces the latest edition of the Financial Stability Review. Read the full report ecb.europa.eu/pub/fsr/html/i…
Watch: Constâncio talks about risks in the banking sector ecb.europa.eu/pub/fsr/html/i…
Watch: Constâncio discusses the risks arising from asset management companies and investment funds ecb.europa.eu/pub/fsr/html/i…
Watch the full interview with Vice-President Vítor Constâncio in which he discusses the main risks to financial stability in the euro area, as outlined in the latest issue of the Financial Stability Review
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(THREAD) Mario Draghi is speaking at the School of Advanced Studies @SantAnnaPisa in Italy today. With the euro turning 20 soon, he looks back at the creation of the Single Market and its benefits. Read on to find out more. Full speech here ecb.europa.eu/press/key/date… #EUROat20 1/9
Draghi: The Single Market is often seen simply as an expression of the globalisation process, which over time has even eliminated exchange rate flexibility. But the Single Market and globalisation are not the same thing. 2/9
Draghi: Contrary to the wider process of globalisation, the Single Market has allowed Europe to impose its values on economic integration – to build as free and just a market as possible 3/9
Read 9 tweets
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(THREAD) Hi, I’m Louise. I work in digital content here at the ECB and I love #Halloween. I persuaded my colleagues to let me take over the ECB Twitter account briefly to do my worst on this topic ;-) 1/11
I bought this pumpkin the other day in my local supermarket in Frankfurt’s Nordend (a neighbourhood in the north of the city) and had a go at carving it. #Halloween 2/11
It cost me 5 euros. I thought this seemed a lot, but it is a huge pumpkin – I could barely carry it – so fair enough… #Halloween 3/11
Read 11 tweets
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(THREAD) Mario Draghi is speaking at #SoU2018 about how well-designed risk-sharing in the euro area would make our financial system and monetary union safer. Click on this thread to find out more or read the full speech ecb.europa.eu/press/key/date… 1/
Mario Draghi: We need a fiscal backstop to European banking resolution. This will create confidence that resolution can always be enacted efficiently. The aim is not to bail banks out – borrowed funds are repaid by the private sector. #SoU2018 2/
Mario Draghi: The dichotomy between risk-sharing and risk-reduction is, in many ways, artificial. With the right policy framework, these two goals are mutually reinforcing. #SoU2018 3/
Read 7 tweets

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Today is the #Euro's 20th birthday. It's been a turbulent second decade for the single currency. While the Euro has survived, and in many ways been successful, the fundamental political and economic problems laid bare by the Euro crisis remain 1/ #EUROat20
In 2011, I discussed the economic and political reasons for European monetary integration, as well as the political economy of the crisis. The core problems and barriers to real policy solutions I discussed then largely remain today 2/ video.wpt.org/video/universi…
In 2015, I wrote about the Euro crisis in the wake of the Greek referendum. While the Euro has survived and Grexit, thus far, has not happened, the existential threats to EMU in the long term remain 3/ washingtonpost.com/news/monkey-ca…
Read 13 tweets
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Fox's response on Goehmert's Soros attack amounts to, "we had no idea something like this would happen." But Gohmert has repeatedly used Fox appearances to smear Soros out of nowhere. thedailybeast.com/fox-business-a…
mediamatters.org/blog/2018/11/0…
As usual, Fox's real issue is they got caught doing what they always do and now they have a PR problem. mediamatters.org/blog/2018/10/3…
Per a Nexis search, which does not include much daytime programming, Louie Gohmert has made 15 appearances on Fox News and Fox Business over the last six months.
Read 4 tweets
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You want to know why Donald Trump, Jeff Sessions & Rod Rosenstein didn't breathe a word about Andrew McCabe being investigated by federal prosecutors using a grand jury for more than six months?

Read this....again:

theepochtimes.com/trump-and-sess…
While TV talking heads and radio hosts and bloggers were SCREAMING FOR THEM TO DO SOMETHING, something *was* being done.

Quietly.

In the shadows.

Out of sight.

For reasons that will *always* escape most of you.

That's OK.

Adults are in charge.
I guarantee you it didn't even occur to these silent professionals for even a second. "Maybe I should get some of these media people to back off by leaking that there IS a grand jury investigation underway?"

That thought did not even enter their heads.
Read 15 tweets
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Just last week, a Federal Reserve official said, “There are definitely downside risks, but the strength of the economy is really pretty important at the moment. The fundamentals for the U.S. economy are very strong.”
If you just look at Wall Street, it certainly looks strong – that’s what happens after $1.5 trillion dollars in tax cuts for corporations and wealthy Americans are funneled into stock buybacks and dividends, juicing stock prices.
Meanwhile, the tax bill’s impact beyond Wall Street – on workers who haven’t seen a real raise in years, on young Americans drowning in student loan debt, on families trying to buy their first home – is an open question at best.
Read 10 tweets
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The progressive firm that rose to fame for raising millions for Bernie Sanders's presidential campaign is now in crisis.

buzzfeed.com/rubycramer/rev…
Over the last six months, at least 27 employees have left Revolution Messaging or given their notice.

While the firm still does business with each, its campaigns team has lost several of its biggest accounts: Bernie Sanders, Kamala Harris, Chris Murphy, and Giffords PAC.
Employees say they’ve long had concerns about the“trial-by-fire” approach as a manager of former CEO Scott Goodstein, and a “sink-or-swim” culture that’s left staff overextended and afraid to voice their frustrations.

buzzfeed.com/rubycramer/rev…
Read 7 tweets
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Over the past decade, an average of 6,000 Middle Eastern Christian refugees were welcomed to the US annually, many fleeing situations our State Department describes as genocide

Over the past six months: 21

We must not let our government turn its back on the persecuted Church
And, just to be clear, we ought not allow our government to turn its back on persecuted Hindus, Muslims, Yezidis, Jews, or others, either. All people are made in God's image and their lives are worth protecting.
It's just particularly galling given the criticism of the last administration for doing too little to help persecuted Christian refugees from the Middle East (see www1.cbn.com/thebrodyfile/a…).

I called on the Obama administration to do more, too--but now we're doing far, far less
Read 4 tweets

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