ECB Debates How to Get Back to the Future After Virus: Eco Week
Bloomberg 3 hrs ago Craig Stirling
(Bloomberg) Europe’s late but accelerating vaccination push is allowing monetary officials to begin pondering an economic future free of the curse of the coronavirus.
While European Central Bank policy makers will reiterate existing emergency stimulus settings with a horizon of March 2022 when they meet by video this week, the step-up in immunizations across the region has emboldened some of them to start a public discussion on what might happen when the pandemic no longer menaces the euro region.
There’s a spectrum of views on that outlook. Dutch central bank Governor Klaas Knot favors tapering crisis bond purchases as soon as the third quarter, while his French colleague, Francois Villeroy de Galhau, cites March as a possible end date. President Christine Lagarde reckons monetary support will be needed “well into the recovery.”
President Biden urges Senate to step up and act on gun reform
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President Biden urges Senate to step up and act on gun reform
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Trudeau, Merkel discuss situation on Russian border, relations with China ANI | Updated: Apr 16, 2021 04:43 IST
Ottawa [Canada], April 16 (ANI): Canadian Prime Minister Justin Trudeau on Thursday spoke with German Chancellor Angela Merkel and discussed several issues, including the tensions between Russia and Ukraine, along with common priorities and shared values regarding relations with China. The two leaders shared their deep concern about Russia s recent military activities in Crimea and along the border with Ukraine. They underlined their commitment to Ukraine s sovereignty, security and territorial integrity, Trudeau s office said in readout.
This comes as Russia has expressed its concern with Ukraine s increasing belligerence in the Donbas region, as Ukrainian forces step up an offensive to end the near-seven-year civil conflict by using military force, Sputnik reported.