The e c b could in effect stand behind the debt of countries like italy and buy their bonds as part of its bond buying programme. But that's a much more controversial justification for those interventions, says Senao. The real nightmare senario is if europe's inflation problem turns out to be worse than expected,. he adds.
Last night, the
committee investigating the events of January 6th 2021 said that Donald Trump’s failure to stop his supporters’ attack was a “dereliction of duty”. The evidence was strong; whether it will change anything remains unclear. We examine the thinking behind the European Central Bank’s surprise
half-point rise in interest rates. And the money motivations of Bangladesh’s
loosening booze laws.