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Amidst the gloom – Italian hospital saves Covid-19 patients lives by 3D printing valves

  
  Analysis
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No, not forex, but some human ingenuity, creativity and hard work in application:

  • massive number of people who require intensive care and oxygenation in order to live through the infection long enough for their antibodies to fight it. This means that the only way to save lives at this point – beyond prevention – is to have as many working reanimation machines as possible.
  • a Northern Italian hospital needed a replacement valve for a reanimation device and the supplier had run out with no way to get more in a short time.
  • a company in the area, Isinnova, brought a 3D printer directly to the hospital and, in just a few hours, redesigned and then produced the missing piece
  • On the evening of Saturday 14th (the next day) Massimo reported that “the system works”
  •  At the time of writing, 10 patients are accompanied in breathing by a machine that uses a 3D printed valve. 
What great news amidst the crisis.
No, not forex, but some human ingenuity, creativity and hard work in application:

World Bank cuts global growth forecasts for 2019 and 2020

  
Analysis, Economy
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They see some upside risks as trade risks cool

  • Cuts 2019 to 2.4% from 2.6% (lowest since crisis)
  • Cuts 2020 to 2.5% from 2.7%
  • Cuts 2020 emerging markets forecast to 4.1% from 4.6%
  • Forecasts 2020 trade growth at 1.9% vs 1.4% in 2019
  • Says growth in less developed regions far below levels needed to meet poverty-reduction goals

In a deeper breakdown, they boosted the 2020 US growth forecast while cutting China and Europe. On the whole, this isn’t great news for the global economy but it’s nothing surprising.

Deliberate Practice & Learning Curve

  
  Education
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How much time do you spend each week practicing trading-specific skills, obtaining feedback about your performance, and consciously working on improving your performance?

Do your trading results reveal a positively sloped learning curve?  What specific skills have you learned–and do you employ–over the past year that have made you a better trader?

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