Inflation in Germany reached its highest level since 1981 in April, propelled by the surging prices of oil, gas and petrochemicals, official data indicates. According to the Federal Statistics Office, consumer prices, harmonized to make them comparable with inflation data from other European Union states (HICP), increased at an annual 7.8% rate in April, up…

Crypto assets should be used within clear, regulated boundaries, Fabio Panetta says Globally coordinated measures are needed to regulate the crypto market and avoid a “lawless frenzy of risk-taking,” top official at the European Central Bank Fabio Panetta said in a speech at Columbia University on Monday.

The senior US lawmaker said the West must not be deterred by Russian ‘threats’ US House Speaker Nancy Pelosi has demanded the “strongest possible” retaliation to Russia’s attack on Ukraine following meetings with officials in Warsaw and Kiev.