ECB ends its decade-long interest rate hike hiatus
As the EU battles rocketing inflation, the European Central Bank lifts interest rates for the first time in more than a decade. But is it enough?
As the EU battles rocketing inflation, the European Central Bank lifts interest rates for the first time in more than a decade. But is it enough? Holger Schmieding, chief economist for the Hamburg-based Berenberg Bank, explains the ECB's thinking behind this and how much difference it could make. We also hear from Greece about how the rise is being viewed there.
Italy's prime minister, Mario Draghi, has resigned after losing the support of his three coalition partners in government. Natalie Tocci, director of the Institute of International Affairs in Rome, gives her view on what's next for the country.
Amazon has agreed to buy US healthcare provider One Medical for $3.9bn as the ecommerce giant furthers its push into the medical industry. Professor of Marketing at NYU University Scott Galloway explains how he saw Amazon moving into healthcare as far back as 2019.
And the Irish sport of hurling is facing equipment shortages because of the wood used being affected by disease and the war in Ukraine has also hit supplies. Hurley-maker David Dowling explains.
(Picture: President of the European Central Bank (ECB) Christine Lagarde addresses a press conference on eurozone monetary policy following the meeting of the governing council of the ECB in Frankfurt am Main, western Germany, on July 21, 2022. Picture Credit: Getty Images)
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- Thu 21 Jul 2022 22:32GMT91热爆 World Service except Europe and the Middle East