Italy

Insider

Punyaruk Baingern/Shutterstock

Italy Votes No(!)

Et tu, Brute?
Sunday, December 4, 2016, 10:52 PM

The Italian vote delivered the most unsurprising surprise today – another rejection of the elites by the people.

Oh the humanity!

Time for the elites to get out of their echo chambers and find out what life is like for the people laboring under their poorly thought through and inhumane policies. 

Remember, we humans like it better when things are fair and just.  Heck, it goes further than that; primates like it better when things are fair and just. » Read more

Podcast

Alasdair Macleod: Europe is a Hot Mess

Its banks are the weak point in the global financial system
Sunday, July 28, 2013, 10:42 AM

It's almost August, the month everyone in Europe takes off on holiday to forget their troubles. This year may be different, though, as not only can many not afford a vacation, but Europe's troubles loom so large that forgetting them won't be easy... » Read more

Blog

Europe's Precarious Banks Will Determine the Future

Ticking time bombs
Tuesday, June 25, 2013, 5:09 PM

Crying Wolf?

It is easy to get the impression that the naysayers are wrong about Europe. After all of the predictions of Armageddon, ten-year government bond yields for Spain and Italy fell to the 4% level, France (which is retreating into old-fashioned socialism) was able to borrow at about 2%, and one of the best-performing bond investments has been until recently – wait for it – Greek government bonds! Admittedly, bond yields have risen from those lows, but so have they everywhere. It is clear, when one stands back from all the usual euro-rhetoric, that, as a threat to the global financial system, it is a case of "panic over." » Read more

Featured Discussion

A Report From Europe

A Report From Europe

How bad are things there, really? A reader gives a boots-on-the-ground account after a recent trip.

Daily Digest

Image by EpSos.de, Flickr Creative Commons

Daily Digest 5/23 - Big Wind’s Trail Of Wings, Living Buildings For Tomorrow's Cities

Thursday, May 23, 2013, 10:22 AM
  • Gold ETFs Are Liquidating By The Ton
  • Schizophrenic investors expect slump: bet on boom
  • Clients Denied Gold At Major Banks As Shortage Intensifies
  • Thanks To QE Bernanke Has Injected Foreign Banks With Over $1 Trillion In Cash For First Time Ever
  • Gramm and McMillin: The Debt Problem Hasn't Vanished
  • Want to Save the Environment? Build More Cities
  • Republic of Ireland calls for international tax action
  • US Treasury secretary says he has begun tapping federal retiree pension fund to avoid default
  • Millions falling into poverty in recession-racked Italy: report
  • Seven Ways Today's Economy Is Like The NHL Playoffs
  • PBS Killed Wisconsin Uprising Documentary "Citizen Koch" To Appease Koch Brothers
  • Court upholds B.C. mining company’s use of temporary foreign workers from China
  • Big Wind’s trail of wings
  • Living buildings for tomorrow’s cities
  • Food swapping: The movement taking off in the UK
Daily Digest

Image by Leonid Mamchenkov, Flickr Creative Commons

Daily Digest 4/17 - Cyprus Braces For Russian Exodus, Half NYC Workforce On Food Stamps

Wednesday, April 17, 2013, 2:37 PM
  • Ohio’s $500 Billion Oil Dream Fades as Drillers Misjudge: Energy
  • Cyprus braces for Russian cash exodus
  • Italy May Cut $6.6 Billion in Defense Spending This Year
  • Detroit's encroaching blight as seen through Google and Bing maps
  • Smithsonian to close galleries due to budget cuts
  • Three-fold increase in demand for Gold: Jewellers
  • Bailouts push German debt to new record
  • Italy's temporary layoff scheme runs out of cash, sparks protests
  • Almost half of NYC workforce on food stamps
  • Let them eat vegetables: Egypt's wheat farmers hit hard by diesel price hikes
  • South Korea Proposes $15.3 Billion Stimulus Budget
  • EU warns of budget constraints as Cyprus seeks more aid
Daily Digest

Image by sacks08, Flickr Creative Commons

Daily Digest 4/10 - Americans Skipping Meds To Save Money, Italians' Spending Power Crumbles

Wednesday, April 10, 2013, 11:14 AM
  • Blue Angels Grounded by Budget Cuts for Rest of 2013
  • Cyprus Faces Risk of Payments Freeeze, Budget Shortfall Looms
  • Arizona gold bill moving forward
  • Five million households in debt to energy firms
  • Fitch Cuts China Yuan Debt Rating on Local Government Borrowing
  • French economy stalls as budget deficit grows
  • Stately Detroit Homes Rot As Appraisals Stall Sales
  • US homeless numbers expected to rise as spending cuts deepen
  • Italians' spending power crumbles in recession
  • Bass Says Japan Bondholders’ Reaction to Stimulus Telling
  • Interest on government student loans set to double this summer
  • Americans Skipping Prescription Meds To Save Money
Daily Digest

Image by sirqitous, Flickr Creative Commons

Daily Digest 3/20 - Workers Saving Too Little to Retire, Lawmakers Back PMs As Currency

Wednesday, March 20, 2013, 10:39 AM
  • Workers Saving Too Little to Retire
  • Bad debts at Italian banks top 126 bln euros in January
  • Spanish Lenders’ Bad-Loan Ratio Resumed Increase in January
  • Darling: Cyprus savings raid could trigger bank runs across Europe
  • France, Belgium told to count Dexia bailout in deficits
  • Lawmakers back gold, silver as currency
  • National student loan debt triples, Miami average fifth highest in Ohio
  • As crop prices surge, investment firms, farmers vie for land
  • Speed on green cameras paying off
  • Cyprus parliament rejects deposit levy: reports
  • PIMCO reduces exposure to euro in wake of ‘botched’ Cyprus bailout: report
  • National debt jumps $300 billion ytd
Daily Digest

Image by jessicareeder, Flickr Creative Commons

Daily Digest 3/19 - Detroit And Cyprus Offer Budget Lessons, Is The "Buy to Rent" Party Over?

Tuesday, March 19, 2013, 12:06 PM
  • Should We Own Our Washing Machines?
  • S&P warns of ‘socially explosive’ situation in Spain, Italy and France
  • China's Gold Reserves: Watch What They Do, Not What They Say
  • Hudak’s PC party would revamp Ontario pensions by raising retirement age
  • Culture shock for Amazon chief's son who left rainforest for New York
  • Is The "Buy to Rent" Party Over?
  • Matt Gurney: Want your education paid for? Take something useful
  • Detroit and Cyprus offer debt lessons for budget
  • Silver and Gold Purchases: Domestic and Offshore Storage
  • Tanker rout reversing as U.S. buys more Middle East oil
  • China's Suntech Power in $541m debt default
  • Russia, Saudi Arabia hope to emulate U.S. shale boom
  • Coal Is the Fuel of the Past and the Future
  • Lockheed slashes energy required to desalinate water
  • Pentagon weapons-maker finds method for cheap, clean water
  • Mike Holmes: Water makes the world go around
Daily Digest

Daily Digest 3/14 - Endless Government Manipulation, The Price Of Green Energy

Thursday, March 14, 2013, 10:43 AM
  • The graph Bernanke should look at before ‘exiting’ anything
  • Charlie Rose: Jeremy Grantham
  • Mark Faber: Endless Government Manipulation
  • Inflation Targeting Revisited; Three Major Fed-Sponsored Bubbles; Who Benefits From Inflation?
  • 1,000 companies going bankrupt in Italy every day as country faces full-scale ‘credit emergency’
  • Young inventor’s flash idea to scare off lions
  • Detroit City Council continues to fight governor's EFM plan
  • U.S. to let spy agencies scour Americans' finances
  • It's Going To End Badly
  • Thieves Blight Nigeria's Swamps with Spilt Oil
  • Deepwater rig worker weeps as he admits he overlooked warning of blast that set off America’s worst environmental disaster
  • The Price of Green Energy: Is Germany Killing the Environment to Save It?
  • Japan's Methane Hydrate Gas Extraction Is First In The World
  • Greenland's resources boom still more talk than action
  • Analysis: Antibiotic apocalypse
  • Pentagon weapons-maker finds method for cheap, clean water

  » Read more