In Full: ECB's Guindos on Inflation, Financial Stability
European Central Bank Vice President Luis de Guindos discusses the ECB's Financial Stability Review, in which it warned that heightened investor concern over the riskiness of US assets could further jolt the world's financial system. Talking with Bloomberg's Alexander Weber on May 22 in Frankfurt, Guindos also comments on the outlook for inflation, monetary policy and the euro-zone economy. (Source: Bloomberg)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
The OG of 360 cameras returns –meet the Ricoh Theta A1
When you buy through links on our articles, Future and its syndication partners may earn a commission. Ricoh's new Theta A1 announcement promotes ruggedness, connectivity and speed in the field. It looks a lot like the brand, with over a decade's heritage in 360, is making a play against the action camera brands Insta360 and GoPro that are topping the best 360 cameras guide at the moment! The new Theta A1 was rumored recently, with discussion of a new battery being a key part of the leaks. A long-lasting replaceable 1,485 mAh battery is now a highlight of the official announcement, as is an optimized video codec that will further improve battery performance. UPDATE: We now know the price of the camea will be €799 (approximately £675 or $912, though US pricing will depend on tariffs at the time). The time in question will not be until September this year. "We're meeting the expectations of field professionals: robustness, speed, and integration," said Thomas Servan, managing director of Ricoh Futures EMEA. "It embodies our vision of useful, connected technology that aligns with the operational needs of our clients.' It is interesting that Ricoh seems to pitch the camera more toward professional customers, even though we've seen so much growth in the 'action camera' end of 360 cameras. Oddly, though, the needs seem to coincide: "rugged, waterproof, dustproof and extreme temperature-resistant casing" says the press release! The camera's spec sheet promises 60MP (11,008 x 5504) stills and has some interesting video formats, up to 8K (but at a maximum of 10fps) but also including 5.7K and 4K. There is even a 2fps option for the 8K, at a choice of 8, 16 or 24Mbps data rates – a lot of potential flexibility for any professional concerned with managing the data as much as quality. There is also the option of 2K or 4K live streaming. The Ricoh Theta A1 now sits in the company's lineup alongside the Theta Z1, which offers the highest resolution for precision scanning, and the Theta X with its integrated screen for versatility. That screen, by the way, makes it a more obvious contender for the consumer space than this business-like piece of kit. You will notice that the Theta SC2 no longer appears in what Ricoh calls its "newly restructured 360° camera lineup, focused squarely on professional use cases." All models, including the new Theta A1, are based on Theta Twin architecture, so compatibility with other Ricoh systems should be straightforward. The APIs and SDKs for this system have been public since 2013, and the Ricoh360 application will work with this camera as well as the others. Image 1 of 4 Gallery of sample images supplied by Ricoh – use the arrows to click through Image 2 of 4 Image 3 of 4 Image 4 of 4 The device is approximately 225g, IP64 dust and waterproof, and 142mm high (5.9 inches). The 7-element lenses are f/2.4 and the nearest focusing distance is 40cm. Each 1/2-inch sensor is approximately 48MP though, of course, because of the shape some of this data is lost, hence the 60MP files. Files are saved to the 27.5GB internal storage. As noted, the pricing information for Europe is set at €799 and the date is no more precise than "set for September" – we'll keep you posted. Check our guide to the best action cameras to get an idea what kind of thing a more rugged camera is expected to face. If you're interested in 360, don't just check the best 360 camera guide – we also have an Insta360 X4 vs X5 comparison. And have you heard the latest DJI Osmo 360 rumor?
Yahoo
3 hours ago
- Yahoo
Deutsche Bank Considers Stablecoin or Joining Industry-Led Initiative, Exec Says
Deutsche Bank is studying stablecoins and tokenized deposits as part of its growing digital assets strategy, joining other major banks exploring blockchain infrastructure for payments and settlement. The bank is considering whether to issue its own stablecoin or join a broader industry initiative, Bloomberg reported, citing Sabih Behzad, Deutsche Bank's head of digital assets and currencies transformation. It's also weighing the development of a tokenized deposit system aimed at making payments more efficient, according to the report. Major banks in the U.S. are currently weighing the launch of a joint stablecoin in a bid to fend off competition from the cryptocurrency space. These reportedly include heavyweights like JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C) and Wells Fargo (WFC). Regulatory clarity in the European Union and pending stablecoin legislation in the U.S. have helped accelerate stablecoin adoption. Behzad said banks have options that range from acting as reserve managers to launching their own digital tokens. Deutsche Bank has said in a research report that stablecoins are on the verge of mainstream adoption as crypto legislation advances under the Donald Trump administration. Germany's largest lender has, meanwhile, invested in cross-border payments firm Partior and joined Project Agorá, a central bank-backed initiative focused on wholesale tokenized payments. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 hours ago
- Yahoo
ECB Is in Good Position on Rates, Lagarde Tells Monaco Info
(Bloomberg) -- The latest interest-rate moves primes the European Central Bank to meet its medium-term inflation goal, President Christine Lagarde told television station Monaco Info. Next Stop: Rancho Cucamonga! Where Public Transit Systems Are Bouncing Back Around the World ICE Moves to DNA-Test Families Targeted for Deportation with New Contract US Housing Agency Vulnerable to Fraud After DOGE Cuts, Documents Warn Trump Said He Fired the National Portrait Gallery Director. She's Still There. 'We think we have really reached a good position,' she said in an interview broadcast Saturday, adding that the latest olicy decision was 'well calibrated.' Speaking on the sidelines of an event on oceans, Lagarde said that policymakers will be attentive to incoming data 'to know if we need to adjust or not adjust' borrowing costs. 'But I think we are currently well positioned to face moments that will be delicate and very uncertain.' After an eight rate reduction in a year and a total easing of 200 basis points, the cutting campaign is nearing an end, Lagarde has said after the latest decision on Thursday. The ECB is now 'in a good position' to deal with uncertainties ahead, not least due to US trade policies, she said. Officials from across the hawk-dove-spectrum have echoed that the recent cycle is almost, if not completely over. Greece's Yannis Stournaras, one of the most dovish policymakers, told Bloomberg on Friday that the bar for more cuts is 'high,' while more hawkish Boris Vujcic from Croatia said Saturday the ECB is 'nearly done.' The ECB's projections published Thursday foresee inflation to slow to 1.6% in 2026, before returning to 2% in 2027, matching the institution's medium-term target. Growth is expected to strengthen over the forecast horizon. Lagarde also said in the interview that 'the euro is doing well,' adding that the ECB's monetary policy has allowed officials to tame inflation from a peak of more than 10% to the 2% level that is the central bank's target. 'I think we are well calibrated to reach this medium-term goal,' she said. Speaking in a separate interview with TV Monaco, Lagarde said while the ECB's most recent economic projections don't take into account a scenario of 50% tariffs on European goods shipped to the US, such a level 'would be rather disastrous for international trade.' (Updates with comment on trade in final paragraph) Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again The SEC Pinned Its Hack on a Few Hapless Day Traders. The Full Story Is Far More Troubling Trump Considers Deporting Migrants to Rwanda After the UK Decides Not To Is Elon Musk's Political Capital Spent? What Does Musk-Trump Split Mean for a 'Big, Beautiful Bill'? ©2025 Bloomberg L.P. Sign in to access your portfolio
