Dortmund still seeking Haaland replacement with Haller favourite

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DPA

Borussia Dortmund wish to sign a second replacement for striker Erling Haaland after completing the capture of Germany international Karim Adeyemi. “We just still adjust here and there and are in talks,” coach Marco Rose said Thursday. “I believe that we still want to do something in the central striking area.” Rose didn't give names but media reports have linked Dortmund to former Eintracht Frankfurt striker Sébastien Haller, who is at Ajax on a contract to 2025. Hugo Ekitike of Stade Reims and Adam Hlozek of Sparta Prague have also been mentioned. Haaland will shortly complete his move to Ma…

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Crypto meltdown deepens as stablecoin Tether drops below dollar peg

Published by
Reuters

By Alun John, Elizabeth Howcroft and Samuel Indyk HONG KONG / LONDON (Reuters) -The meltdown in TerraUSD, one of the world's largest stablecoins, sent shockwaves through cryptocurrency markets on Thursday, pushing another stablecoin Tether below its dollar peg and sending bitcoin to 16-month lows. Cryptocurrencies have been swept up in a sell-off across higher risk assets, which has picked up steam this week as data showed U.S. inflation running hot, deepening investor fears about the economic impact of aggressive central bank tightening. The sell-off has taken the combined market value of all…

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ECB’s Makhlouf says it is time for Governing Council to act

Published by
Reuters UK

DUBLIN (Reuters) – Irish Central Bank Governor Gabriel Makhlouf on Thursday joined a chorus of European Central Bank policymakers calling for the Governing Council to act to tackle inflation, though not necessarily at the same pace as the U.S. Federal Reserve. ECB President Christine Lagarde on Thursday finally threw her weight behind a rise in the bank's benchmark interest rate, amid expectations that it will take action in July. Most other major central banks have already raised borrowing costs but the ECB, which had fought too low inflation for a decade, is still pumping cash into the finan…

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