Restrictions and the economy

According to a news item last week, the indications were of a stable to declining covid 19 mortality rate, though an as described expert has questioned believed to be too stringent restrictions on the premise of a need to build up immunity for the future.

According to a report covering a government meeting on the subject of covid 19, both Alan Kelly and Micheál Martin criticised restrictions. With regard to finance, this year’s borrowing could exceed €30 billion according to predictions. Terms and conditions unclear.

In the seeming absence of a new government, believed to be acting taoiseach Leo Varadkar has predicted rising interest rates in 2021, exacerbating an already out of control economic forecast. According to the report he believes the next government will be unable to afford to borrow further. During the meeting, Micheál Martin questioned discrepencies with regard to which businesses are allowed to open, seemingly illogical, for instance ice cream parlours in Mayo and Galway have been open for several weeks; yet no speech as action, addressing the imbalance.

According to other news, in Spain there have been daily protests against a government proposal to extend current covid restrictions by two weeks, following a compromise with an opposition party. This, reportedly the 5th extentions was said to have originally been for at least twice as long, and has resulted in cries of fascism. According to news, Spanish businessmen are protesting outside the houses of politicians, demanding an end to lockdown.