Global Business Report: ECB Rate Decision

Global Business Report: ECB Rate Decision

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The ECB announced more stimulus but ruled out further interest rate cuts. Foreign banks, including Deutsche Bank and HSBC, oppose the Federal Reserve's 'too big to fail' plans, citing unfair treatment compared to US banks. Canadian Prime Minister Justin Trudeau visited President Obama, emphasizing shared goals for economic growth. Saudi Aramco is moving towards an IPO, considering options for asset privatization.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What did ECB President Mario Draghi say about future interest rate cuts?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns did foreign banks express regarding the federal reserves' plans?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What common goal did President Obama and Prime Minister Justin Trudeau share?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What steps is Saudi Aramco taking towards an IPO?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What options did Saudi Aramco consider for its IPO according to the text?

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