After making the climb, the pair unfurled a large black flag and apparently posted to Instagram. Video appears to show one person proposing to the other.
It's not just an American thing. Central bankers from other top Western democracies also believe that they should communicate less about where policy is going. Why it matters: There was striking alignment of views among the heads of the European Central Bank, Bank of England, Bank of Canada and the U.S. Federal Reserve on display in Portugal. - It suggests that Kevin Warsh's ascent to Fed chairmanship is helping trigger a global turning of the page on some of the monetary policy assumptions of the last couple of decades. State of play: Warsh has been a longtime critic of forward guidance , of central banks laying out explicitly what they anticipate doing in the future. He had like-minded company on stage at the ECB's annual conference in…
It's not just an American thing. Central bankers from other top Western democracies also believe that they should communicate less about where policy is going. Why it matters: There was striking alignment of views among the heads of the European Central Bank, Bank of England, Bank of Canada and the U.S. Federal Reserve on display in Portugal. - It suggests that Kevin Warsh's ascent to Fed chairmanship is helping trigger a global turning of the page on some of the monetary policy assumptions of the last couple of decades. State of play: Warsh has been a longtime critic of forward guidance , of central banks laying out explicitly what they anticipate doing in the future. He had like-minded company on stage at the ECB's annual conference in…Open
U.S. and Iranian negotiators are in Doha for talks focusing primarily on the Strait of Hormuz, with the Trump administration making the case that Iran stands to gain much more from a nuclear deal than it could generate from tolls in the strait . Why it matters: The parties gave themselves 60 days to reach a comprehensive nuclear deal, but two weeks into that window they're still arguing over the terms of the memorandum of understanding they already signed. Currently, the collapse of that initial deal looks more likely than agreement on a final one. - After several exchanges of fire, the U.S. and Iran did reach an understanding Sunday on de-escalating the situation in the strait for a week. That means new clashes could erupt right after…
U.S. and Iranian negotiators are in Doha for talks focusing primarily on the Strait of Hormuz, with the Trump administration making the case that Iran stands to gain much more from a nuclear deal than it could generate from tolls in the strait . Why it matters: The parties gave themselves 60 days to reach a comprehensive nuclear deal, but two weeks into that window they're still arguing over the terms of the memorandum of understanding they already signed. Currently, the collapse of that initial deal looks more likely than agreement on a final one. - After several exchanges of fire, the U.S. and Iran did reach an understanding Sunday on de-escalating the situation in the strait for a week. That means new clashes could erupt right after…Open
With Chicago and much of the country in the grips of a heat wave, air-conditioning technicians are enduring sweltering temperatures to keep systems working.