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Showing posts from February, 2022

Covid Italy, 10-year-old boy who died of the Infant Jesus

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(Adnkronos) - "Deep condolences for the death of a 10-year-old child hospitalized for Covid in a critical area at the Bambino Gesù pediatric hospital. The little patient from Pomezia, hospitalized since January 31, presented an important comorbidity, unfortunately compromised in a decisive way from Sars-CoV-2 infection ".   This was communicated, in a joint note, by the Covid crisis unit of the Lazio Region and the Bambino Gesù pediatric hospital, expressing "closeness to the family on the part of health professionals and institutions and a warm appeal to continue with the anti-Covid vaccination of children and young people to protect everyone, even the most fragile, from the risks of the disease ".

Draghi, a year as prime minister: "On the pitch in 2023? I exclude him"!

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(Adnkronos) - The vaccination campaign, the fight against the virus, the straight bar on the super green pass, the goals achieved by the PNRR, the leading role in Europe, the nuanced dream of the Quirinale. These are the main 'ingredients' of Mario Draghi's first year at Palazzo Chigi (the government was born on 13 February 2021). A year as prime minister at the head of such a varied majority that anyone would struggle to keep together. Anyone but him, the "grandfather at the service of institutions", perhaps the definition that best suits the former ECB number one who has faced many, many challenges in 75 years of life, without ever backing down. After the nuanced dream of the Colle, Draghi is aiming straight for 2023 and does not let himself be pulled by the jacket. To those who would like him on the field even after the end of the legislature in 2023, Jesuit training, Roman by birth, life put him to the test very early on, leaving him orphaned at the age of 16....

ECB, hasty rate hike would not solve inflation problems - Lagarde to Rnd!

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FRANKFURT (Reuters) - Raising ECB interest rates now would not cool record eurozone inflation and would only hurt the economy. This was stated by the president of the European Central Bank Christine Lagarde in an interview published today. Lagarde sent bond markets into freefall last week by opening the door to the first rate hike by the ECB in over a decade in light of unceasing price pressure. With money markets now pricing in an ECB deposit rate hike by 50 basis points by December, Lagarde warned that a rate hike would fail to counter the high oil prices and supply problems that have spurred inflation.  "This would solve none of the current problems," Lagarde told German broadcaster Redaktionsnetzwerk Deutschland (Rnd). "On the contrary: if we act too quickly now, the recovery of our economies could be considerably weaker and many jobs would be at risk." Lagarde reiterated that the ECB will withdraw its aggressive stimulus and negative interest rate policy gradua...