The e c b has multiple problems that it's trying to address at the moment. Got the high inflation, yes, but it also has the problem of rising spreads in bond markets. That is a perennial worry for the urizone. Is a threat, ultimately, to its financial stability and to the integrity of the currency area. And as had been long trailed, the e c b unveiled a new tool to buy bonds in indebted countries,. You know, reading between inds mostly, this is a tool designed to deal with italy. Legarde emphasized that there was no limit on the amount of bonds that the e cb could buy in order to keep spreads down.
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.