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THE MOAT as it stood at 29 October 2026, 19:17 Brussels time · Archive · Today’s page

Press statement by Eurogroup President Kyriakos Pierrakakis following the announcement of the President of the European Central Bank, Christine Lagarde, to step down on 7 February 2027

Council of the EU /

Also: European Central Bank Christine Lagarde, Boris Vujčić: Monetary policy statement, Euronews ECB President Christine Lagarde to step down next February, months before her mandate ends, The Japan Times ECB President Lagarde resigns at time of mounting challenges for Europe, Bloomberg ECB Officials Are Ready to Raise Interest Rates in December, MercoPress Christine Lagarde to step down early as European Central Bank president in February, Le Monde ECB President Christine Lagarde to step down early, The Economist Christine Lagarde departs at a moment of peril, The Wall Street Journal Christine Lagarde to Resign Early as ECB President, Semafor European Central Bank chief Christine Lagarde to step down, POLITICO Europe Lagarde’s early exit Le Pen-proofs ECB as France veers toward a debt reckoning, The Guardian Europe’s central bank chief, Christine Lagarde, steps down for ‘freedom of speech’, Financial Times Christine Lagarde to step down as ECB president in February, The New York Times Christine Lagarde to Step Down as President of European Central Bank, The Globe and Mail Lagarde quits ECB early to speak on issues outside monetary policy · see all

In other languages: Jornal de Negócios Lagarde sai para ter "liberdade de intervenção" e garante que não haverá decisões do BCE "no limbo" (pt), Der Standard EZB-Chefin Lagarde kündigt Rücktritt im Februar an, Leitzins bleibt stabil (de), The Korea Economic Daily (Hankyung) [속보] ECB 금리 동결, 예금금리 연 2.50% (ko), Estadão Christine Lagarde renuncia à presidência do Banco Central Europeu e deixará cargo em fevereiro (pt), Børsen Krise efter krise fik hun ECB til at stå sammen. Nu går Lagarde af (da), Handelsblatt Geldpolitik: EZB: Keine Zinserhöhung trotz steigender Inflation (de), NRC Lagarde treedt vervroegd terug als ECB-president. Gaat ze een rol spelen in de Franse campagne? (nl), Svenska Dagbladet Christine Lagarde avgår som ECB-chef (sv), Expansión Lagarde anuncia que deja la presidencia del BCE el 7 de febrero (es), Rzeczpospolita Szefowa Europejskiego Banku Centralnego odejdzie ze stanowiska (pl), Het Financieele Dagblad ECB-president Lagarde vertrekt in februari, voor het einde van haar termijn (nl), Süddeutsche Zeitung Finanzen: EZB-Präsidentin Lagarde wird im Februar vorzeitig abtreten (de), Diario Financiero La presidenta del BCE, Christine Lagarde, dimite y dejará el cargo el 7 de febrero (es), Der Spiegel Christine Lagarde: EZB-Chefin tritt vorzeitig zurück (de), Frankfurter Allgemeine Am 7. Februar 2027: EZB-Präsidentin Lagarde tritt im Februar vorzeitig zurück (de), Dagens Næringsliv Sentralbanksjef Christine Lagarde vil gå av før tiden (no), Dagens industri Bekräftat: ECB-chefen lämnar i förtid (sv), Le Temps Christine Lagarde, l’art du consensus à l’épreuve des crises (fr), Valor Econômico Christine Lagarde deixará presidência do BCE em fevereiro de 2027, oito meses antes do fim do mandato (pt), Asahi Shimbun 欧州中銀のラガルド総裁が来年2月退任へ フランス大統領選を懸念か (ja), Le Figaro Après le départ de Christine Lagarde, pourquoi la France est mal partie pour conserver la présidence de la BCE (fr) · see all

  1. Google owner Alphabet loses $500bn in market value after profit disappoints Wall Street

    Agence France-Presse / The Guardian /

    Also: Bloomberg Google Erases a Record $500 Billion as AI Eats Into Sales, Le Monde Google hit by the AI revolution it helped spark, Financial Times Alphabet shares tumble in $500bn rout

    In other languages: Jornal de Negócios Alphabet apaga mais de 500 mil milhões de dólares após registar maior queda em bolsa de sempre (pt), Expansión (México) Por qué Google quiere que sigas usando su buscador en la era de los chatbots de IA (es)

  2. DoorDash to Buy Instacart for $17 Billion, Uniting 2 Delivery Giants

    Emmy Martin and Lauren McCarthy / The New York Times /

    Also: The Globe and Mail DoorDash strikes $17-billion deal for rival Instacart as grocery delivery race heats up, Financial Times DoorDash to acquire Instacart for $17bn, The Guardian DoorDash to buy Instacart for $17bn in major grocery delivery consolidation, BBC DoorDash to buy Instacart in $17bn deal it says will expand customer options, Bloomberg DoorDash to Buy Rival Instacart in $17 Billion Deal · see all

    In other languages: Handelsblatt Lieferdienste: US-Essenslieferant Doordash kauft Konkurrenten Instacart für 17 Milliarden Dollar (de)

  3. Did the Fed make a mistake with its October rate pause? The Treasury could help save the day.

    Joy Wiltermuth / MarketWatch /

    Also: Bloomberg Investors May Have Bought All the AI Bonds They Can Handle, The Globe and Mail Microsoft plans to raise $25-billion in U.S. bond sale, source says

    In other languages: Handelsblatt Geldpolitik: US-Inflation bleibt hoch: Anleihemarkt preist bereits die nächste Zinserhöhung in den USA ein (de)

  4. The Fed Risks Falling Behind in its Inflation Fight

    Colby Smith / The New York Times /

    Also: Euronews Fed holds rates days before US midterms as two officials push for another hike, Financial Times The Fed plays for time (but doesn’t have much), Bloomberg Fed Can’t Beat Inflation Without Market Pain, Says Dawson, The Globe and Mail U.S. inflation heats up in September, supporting expectations of Fed rate hike, MarketWatch Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last with prices still rising., Financial Times Why did the Fed hold rates despite inflation? | FT #shorts, The National US Fed holds interest rates steady as inflation runs hot · see all

    In other languages: Valor Econômico Fed mantém juros apesar de aumento da inflação (pt), Portafolio Dólar en Colombia abre al alza este 29 de octubre impulsado por la decisión de la Reserva Federal sobre las tasas (es), Handelsblatt Preise: Wichtiges US-Inflationsmaß steigt – Druck auf Fed wächst (de), Jornal de Negócios Indicador de inflação preferido da Fed regista maior subida em cadeia dos últimos seis meses (pt) · see all

  5. Microsoft Turns to Bond Market as AI Spending Grows

    Bloomberg /

    In other languages: Cinco Días Microsoft se une la avalancha financiera de la IA con una emisión de deuda de 25.000 millones (es), Dagens industri Microsoft vill ta AI-lån på minst 25 miljarder dollar (sv)

  6. Raizen Business Split Gives Shell Some Rights Over Fuel Unit

    Rachel Gamarski and Dayanne Sousa / Bloomberg /

    In other languages: Brazil Journal Raízen fecha acordo tributário épico, extinguindo R$ 22 bi em dívidas (pt)

  7. New Jersey governor threatens to block delivery of Russian diesel cargoes

    Financial Times /

    In other languages: Valor Econômico Primeiro navio com diesel russo após acordo entre Putin e Trump segue para os EUA, diz agência (pt)

  8. Ukraine heads for first economic decline since 2022 as Russian strikes take their toll

    Dominic Culverwell / The Kyiv Independent /

    Also: Bloomberg Ukraine Economy to Shrink For the First Time Since Full-Scale War

  9. Ottawa buys $1.6-billion stake in Cohere as AI firm’s valuation soars to $35.7-billion

    Murad Hemmadi and Joe Castaldo / The Globe and Mail /

    Also: Bloomberg Canada, Nvidia Back Cohere at Over $20 Billion Valuation

  10. Xi Jinping elevates general who led purge of China’s military

    Financial Times /

    Also: The Wall Street Journal China’s Xi Demands More Loyalty as Purges Trim Party Elite

  11. US offers Russia business deals to end Ukraine war

    Ben Aris / bne IntelliNews /

  12. Shell profits double to $10.8bn as Iran war pushes up margin on oil

    The Guardian /

    In other languages: Der Spiegel Shell und TotalEnergies: Europäische Ölkonzerne machen Milliardengewinne – im Quartal (de)

  13. UN says world can no longer avoid overshooting 1.5C, sets new emissions cuts

    Ben Aris / bne IntelliNews /

  14. “It has to touch the lives of people”: the Gates Foundation’s challenge to Africa’s AI builders

    Progress Godfrey / TechCabal /

  15. Ukraine faces €70bn 2027 funding gap as EU support remains unresolved - IntelliNews Lambda

    Ben Aris / bne IntelliNews /

  16. Google is eating itself — but it could still eat everyone else too

    Financial Times /

  17. Russian Energy Firms Spend Over $87 Million on Anti-Drone Defenses

    Kyiv Post /

  18. Putin Eyes Russian Factory Moves to Africa Amid Sanctions

    Kyiv Post /

  19. Greek PM calls for global maritime truce after Greek ship sunk in drone attack

    Al-Monitor /

  20. Alphabet’s AI Risk Extends Beyond $1 Trillion, Filing Shows

    Davey Alba / Bloomberg /

  21. EU frees up over 20 billion euros to potentially help Ukraine's defense

    Chris Powers / The Kyiv Independent /

  22. 80% of Ukrainians Back Refinery Strikes Despite US Aid Risk

    Kyiv Post /

  23. Search More Than 500 Cases of U.S. Citizens Detained by Immigration Agents

    Nicole Foy / ProPublica /

  24. The IMF urges Argentina to “stay the course” despite doubts over growth and country risk

    MercoPress /

Earlier today

  1. Federal Reserve issues FOMC statement

    Federal Reserve /

  2. Fed Will Hold Fewer Rate-Setting Meetings Starting Next Year

    Ben Casselman / The New York Times /

  3. Fed Holds Fire as Warsh Telegraphs More Hikes Without Saying It

    Andrew Ackerman / Bloomberg /

  4. U.K. Budget Ducks Hard Choices Amid Market Concerns Over Debt

    Chelsey Dulaney / The Wall Street Journal /

  5. European gas price crosses €100 for first time since 2022 as EU warns of new crisis

    Euronews /