Draghi Says ECB Must Boost Inflation

The video discusses global economic developments, starting with a rise in global stock markets following China's interest rate cut. It then covers the European Central Bank's response to low inflation, including asset purchases and Citigroup's removal from a liaison group. Finally, it highlights Dow Chemical's strategic decisions to avoid a proxy fight by adding new directors, following pressure from activist investor Dan Loeb.

What was the global stock market's reaction to China's interest rate cut?

• Stocks fell sharply

• Stocks remained stable

• Stocks climbed

• Stocks were unaffected

What action did the European Central Bank take in response to low inflation?

• Increased interest rates

• Started buying asset-backed securities

• Reduced government spending

• Stopped all monetary policies

Why was Citigroup removed from the ECB's foreign exchange market liaison group?

• For failing to meet financial targets

• For rigging currency benchmarks

• For not complying with ECB regulations

• For poor customer service

What strategic move did Dow Chemical make to avoid a proxy fight?

• Increased its dividend payout

• Sold off its petrochemical business

• Added new independent directors

• Merged with another company

What was the impact on Dow Chemical's shares after the agreement with Dan Loeb?

• Shares fell

• Shares were delisted

• Shares remained unchanged

• Shares rose