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    PANETTA

    ECB says it can compensate banks if digital euro causes deposit flight

    Ahead of the ECB's decision about developing a digital euro in October, European banking lobbies have warned that a central bank-backed currency could take deposits and business away from commercial lenders.

    ECB faces new communication challenge as inflation falls

    The ECB has already promised another large rate hike in March and policymakers are also hinting at a move in May, pushing up mortgage costs, thwarting corporate investment and raising governments' debt burden just as consumers feel their first price relief in a year

    Military remains Pakistan's dominant political institution: Expert

    In addition, the military has jealously guarded its perks and resources that insulate uniformed personnel from many of the economic hardships suffered by their countrymen.

    'Pakistan's trustworthiness was questionable by US for Osama raid'

    Former CIA director Leon Panetta, also the former US defence secretary, said it has been a challenging period to develop the relationship with Pakistan.

    Leon Panetta and others slam Donald Trump, Ted Cruz for security policies

    "He thinks he's found a solution for catching terrorists; I think he's found, a strategy that's going to create more terrorists," Beers said.

    US confronted Pakistan on Mullah Omar's Karachi hospitalisation: Report

    Other US officials also made clear in other meetings their belief that Pakistan was protecting Mullah Omar and other elements of the Taliban, the report said.

    The Economic Times
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