Draghi Says Loose ECB Policy Warranted, OMT Needed

June 25 (Bloomberg) -- European Central Bank President Mario Draghi said at a conference in Berlin that the euro-area economy’s condition still requires a loose monetary policy and the Outright Monetary Transactions bond-purchase program is needed more than ever. (This is an excerpt. Source: Bloomberg)

IMF Adds Yuan to Basket of Reserve Currencies
25:59 - The IMF will add the yuan to its basket of reserve currencies, an international stamp of approval of the progress China has made integrating into a global economic system dominated for decades by the U.S., Europe and Japan. (Source: Bloomberg)
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