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ECB Keeps Rates Unchanged (As Expected), Warns 'Full Energy Inflationary Shock Yet To Come'
ECB Keeps Rates Unchanged (As Expected), Warns 'Full Energy Inflationary Shock Yet To Come'
The European Central Bank kept its key deposit rate unchanged at 2.25 percent and said it was "closely monitoring" the inflationary impact of fresh conflict in the Middle East.
The ECB reiterated it won’t pre-commit but act one meeting at a time based on information as it arrives.
"Uncertainty remains high and the full inflationary impact of the energy shock has yet to play out," the lender of last resort for the 21 countries that use the euro...
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Apr 7, 2026 / Tyler Durden
Gunmen Attempt To Storm Israeli Consulate In Istanbul Terror Attack
Gunmen Attempt To Storm Israeli Consulate In Istanbul Terror Attack
Israel's foreign ministry confirmed that on Tuesday there was a "terrorist attack on the Israeli Consulate in Istanbul" and has thanked Turkish security forces for stopping it before the attackers were able to make it into the building.
"We appreciate the Turkish security forces' swift action in thwarting this attack," a statement from the ministry on X said. It added "Israeli missions around the world have been subjected to countless threats and terrorist attacks. Terror will not deter us." This after rapid...
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Jun 23, 2026 / Tyler Durden
Primoris Services Crashes Again As Guidance Cut And Mgmt Missteps Spook Wall Street
Primoris Services Crashes Again As Guidance Cut And Mgmt Missteps Spook Wall Street
Shares of Primoris Services crashed in premarket trading after the infrastructure contractor slashed its full-year earnings outlook (again) and announced the departure of its chief operating officer.
The specialty construction and infrastructure contractor, which builds, maintains, and engineers critical infrastructure for utilities, energy, renewables, pipelines, power generation, industrial, chemical, oil and gas, civil infrastructure, and data-center power projects, blamed the guidance cut on weakness in its renewables business, where full-year revenue is now expected to fall about 30%...
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Apr 7, 2026 / Tyler Durden
'Talks Not Closed': Tehran Times Issues Striking Correction After Trump Warns 'A Whole Civilization Will Die Tonight'
'Talks Not Closed': Tehran Times Issues Striking Correction After Trump Warns 'A Whole Civilization Will Die Tonight'
Summary:
Tehran Times: All communications with US side suspended - THEN ISSUES CORRECTION, REVERSES. This after Trump's Tues. morning threat: "A whole civilization will die tonight, never to be brought back again. I don’t want that to happen, but it probably will."
In a call with FOX's Bret Baier, Trump says 8 PM deadline today "could change if negotiations move forward, but sticking to deadline for now."
Kharg Island heavily bombed in preparation for potential US Marine/Special Forces...
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