The Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has been named in the 2023 “The World’s Most Powerful Women” on Forbes. Forbes, a renowned international business magazine, unveiled its annual list of the most powerful women in the…
European Central Bank leaves interest rates on hold
The European Central Bank left interest rates unchanged on Thursday for the first time since July last year. The closely watched deposit rate has stayed at 4 per cent, which is a record high. The central bank previously raised rates…
Merkel to be honoured by German state for services to country
Former German chancellor, Angela Merkel would be awarded the North Rhine Westphalian State Prize at a ceremony in Cologne on Tuesday. The President of the European Central Bank, Christine Lagarde, would give the laudatory speech. The State Prize, founded in…
Plane carrying IMF’s Lagarde makes emergency landing in Argentina
An American Airlines flight carrying International Monetary Fund Managing Director Christine Lagarde made an emergency landing in Argentina shortly after taking off from Buenos Aires’ Ezeiza airport on Sunday, several local media outlets reported. Local newspapers Clarin and La Nacion…