Stay updated with breaking news from Monte Paschi. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In Italy, a research lab has come up with an antibody treatment for Covid-19 that developers say will be 80 times stronger than the one given to ex-US President Trump in hospital.
06 Mar 2021 - 16:31 Chiara Albanese and Flavia Rotondi | Bloomberg Tucked in the Tuscan hills around Siena in Italy, a research lab has come up with an antibody treatment for Covid-19 that its developers say will be 80 times more potent than the one given to former U.S. President Donald Trump in his most critical days in hospital last year. The therapy is derived from the blood of people who’ve recovered from Covid, and relies on 453 different antibodies. It will also be administered as a single shot rather than a drawn-out infusion, which has been the norm for similar drugs. Clinical tr...
From ECB to Rome, ‘Super Mario’ Draghi rides to Italy’s rescue Mario Draghi has never shirked a challenge, from salvaging the reputation of Italy’s central bank to saving the euro. He is about to take on what may be an even tougher task. Little over a year after leaving the presidency of the Frankfurt-based European Central Bank, Draghi, 73, was asked by Italy’s head of state last week to resolve political chaos in Rome and form the country’s 67th post-war government. Addressing Italy’s upper house Senate ahead of a mandatory confirmation vote in his new government by the Senate...
5 Min Read ROME (Reuters) - Mario Draghi has never shirked a challenge, from salvaging the reputation of Italy’s central bank to saving the euro. He is about to take on what may be an even tougher task. FILE PHOTO: Prime Minister Mario Draghi poses for a picture after the new cabinet ministers swearing-in ceremony, at the Quirinale Presidential Palace in Rome, Italy, February 13, 2021. REUTERS/Guglielmo Mangiapane/Pool//File Photo Little over a year after leaving the presidency of the Frankfurt-based European Central Bank, Draghi, 73, was asked by Italy’s head of state last week to resolv...
In his former role as governor of the Bank of Italy, Draghi was partly responsible for Monte dei Paschi’s di Siena’s decline. Now he must reverse it. Mario Draghi set a new precedent this week, becoming the first former ECB Chairman to head up a national government. And he did it without winning a single popular vote. The long-serving central banker and one-time managing director of Goldman Sachs International was handpicked by Italian president, Sergio Mattarella, to lead a so-called “government of experts”. Italy’s main political parties were by and large thrilled with the cho...