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Lagarde s inflation-fight at ECB makes Fed s job look simple

“The ECB is walking a very, very fine line,” Emmanuel Cau, head of equity strategy at Barclays Bank Plc, told Bloomberg Television. “The Fed has to slow the economy in order to get inflation down. I think the job of the ECB is much more complex because obviously there’s not much they can do against an energy crisis.”

Ghana may seek as much as $1 5bn from the IMF amid grim global outlook

Ghana may seek as much as $1.5bn (about R25bn) from the International Monetary Fund to shore up its finances and win back access to the global capital markets.

China s property troubles deepen as developer Fantasia defaults

Fitch and Moody’s slash ratings as property developer’s missed debt payment signals distress is spreading from embattled Evergrande

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