FRANKFURT, Oct 6 — The European Central Bank does not believe slowing economic activity will be enough to tame inflation alone, meaning “forceful” interest rate hikes were still needed, according to minutes published today.
Higher prices — particularly of energy following Russia’s invasion of Ukraine — are expected to slow economic activity and potentially trigger a recession, which could naturally lead to inflation dropping. ECB president Christine Lagarde has already signalled the Frankfurt-based institution will continue to hike rates to bring inflation down in the 19-member eurozone.
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Covid-19 (Oct 5): 1,722 new cases, 2 deathsActive cases continue on a downtrend.
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A-G's report 2021 tabled in Parliament on Oct 6KUALA LUMPUR: The Auditor-General’s Report (LKAN) on the financial statements of the federal government, state governments and state agencies for the year 2021 was tabled in the Dewan Rakyat on Thursday (Oct 6).
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Najib's 1MDB trial postponed to Oct 11 after lawyer Shafee falls illKUALA LUMPUR: The 1Malaysia Development Bhd (1MDB) trial involving Datuk Seri Najib Razak has been postponed to Oct 11 as his lead counsel Tan Sri Muhammad Shafee Abdullah is sick. .....semua berkait 1MDB ni sakit belaka. How many more times? Sakit lagi...aduh sakit
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Syed Saddiq to be acquitted or ordered to enter defence on Oct 28MP faces criminal breach of trust, misappropriation, money laundering charges. He can play chess with Najib soon
Source: malaysiakini - 🏆 20. / 51 Read more »
Syed Saddiq to know if he needs to enter defence or not on Oct 28He said the prosecution did not need to prove that Syed Saddiq committed CBT, because it was not an element of the charge against him. theSun thesundaily CBT SyedSaddiq moneylaundering Armada MACC He is gonna swallow the statement himself, HRHJohorII 😁
Source: theSundaily - 🏆 25. / 51 Read more »
Annuar Musa: Cabinet meeting on Oct 7, so Parliament not dissolved | TheStarTV.comThe Cabinet meeting will be held on Friday (Oct 7), says Communications and Multimedia Minister Tan Sri Annuar Musa, in an indication that Parliament will not be dissolved tomorrow.Read more at https://bit.ly/3M9ivigWATCH MORE: https://thestartv.com/c/newsSUBSCRIBE: https://cutt.ly/TheStarLIKE: https://fb.com/TheStarOnline
Source: staronline - 🏆 4. / 75 Read more »