964 resultados para Snake bite


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This Commentary summarises the main reasons why the ECB can no longer delay launching a massive bond-buying programme, also including sovereigns of eurozone member countries, and why such interventions will indeed be effective in raising inflation, thus restoring the ECB’s credibility and spurring economic activity. A credible programme must continue either until an explicit inflation target has been achieved or the ECB balance sheet has reached the €2 trillion target already announced by the ECB’s Governing Council. Regardless of how such interventions will be undertaken, they will reduce interest-rate spreads between eurozone markets, but it is nevertheless important that the ECB designs its operations so as to avoid any implication of direct support or deficit financing facilitation for the eurozone’s most indebted countries. Finally, some kind of guarantee against first losses by the ECB on its sovereign bonds may be appropriate, while entrusting open market operations to each national central bank for their own sovereigns could threaten the very survival of monetary union.

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Poster presented at the First international Congress of CiiEM “From Basic Sciences to Clinical Research”, 27-28 November 2015, Egas Moniz, Caparica, Portugal.

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"Supplement A to Report ... prepared by a special task force of the Water Management Subcommittee, CBIAC, December, 1952" (7 l.) inserted at front of main report.

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Hearings held at Idaho Falls, Idaho, Dec. 7, 1960; Twin Falls, Idaho, Dec. 8, 1960; Caldwell, Idaho, Dec. 9, 1960.

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Mode of access: Internet.

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Prepared for Office of Research and Development, U.S. Environmental Protection Agency under project 18050DMB, program element 1B1021.