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Economy special series Trump And The World

Trump As Gorbachev? How America’s Radical Reversal Can Push Europe To Change

Will Trump be the American Gorbachev? It’s now or never for Europe to catch up with the United States’ economy, if the European Central Bank is willing to show the way, says economist Nicolas Goetzmann.

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Geopolitics

Giorgia Meloni Tries To Break Italian Tradition — And Forget Liz Truss

Meloni serving her full five-year term will be a minor miracle in the famously fickle world of Italian politics, whose political instability the UK now appears ready to outdo.

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In The News

It’s Not About Mussolini, Searching For The Real Giorgia Meloni

As the right-wing coalition tops Italian elections, far-right leader of the Brothers of Italy, Giorgia Meloni, is set to become Italy’s next prime minister. Both her autobiography and the just concluded campaign help fill in the holes in someone whose roots are in Italy’s post-fascist political parties.

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Geopolitics Russia-Ukraine War

“Welcome To Our Hell…” Ukrainian Foreign Minister Dmytro Kuleba Speaks

In a rare in-depth interview, Ukraine’s top diplomat didn’t hold back as he discussed NATO, EU candidacy, and the future of the war with Russia. He also reserves a special “thank you” for Italian Prime Minister Mario Draghi.

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In The News

A Cave Of One’s Own

“Who am I to be horrified by poverty while I have no means to offer relief, no alternative to show these people?”

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In The News

Belarus To The Mediterranean, Europe’s “Rival” Migrant Crises

Italy has long been the European Union’s border-of-choice for would-be migrants, arriving from North Africa to the shores of Sicily. But while the Italian government was hoping for much needed help from the European Union to face the immigration flow, the border dispute between Belarus and Poland has exploded, and diverted attention east and north.

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In The News

Bravo Italy For World’s Strictest Vaccine Mandate – But Where’s Mario?

Italy’s new “Super Green Pass” is great, but where’s “Super Mario”? Such a sweeping measure, which requires workers to show proof of vaccination or a negative COVID test, risks encroaching on the fundamental right to work. It’s necessary right now, but also needs Prime Minister Mario Draghi to explain why.

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Geopolitics Weird

Top Italian Education Official Mistakes Dante For Mickey Mouse

Shortly before being appointed Undersecretary for Education, Rossano Sasso dashed off for Rome, amid around-the-clock negotiations in the capital to form Italy’s new government. And Sasso made sure to share the moment with his Facebook followers. “He who stops is lost, a thousand years for every minute,” the 45-year-old politician from the southern Puglia region […]

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Geopolitics Ideas

Doctor Draghi, Strong Medicine Or Just Another Painkiller?

Italy’s new Prime Minister Mario Draghi, the highly respected former head of the European Central Bank, is tasked with fixing festering systemic failures.

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Economy Ideas

Political Intrusion, The Eternal Poison For Central Banks

LONDON — In most of the developed world, central banks are free to set monetary policy without the interference of those who depend on voters for their employment. That independence, though, is “not set in stone,” as former Federal Reserve Chairman Alan Greenspan noted in his September 2007 memoirs. And there are worrying signs that, against the current backdrop of record-low interest rates, politicians are tempted to start meddling. The latest attack on independence comes from a very unlikely source. In an article for the Telegraph newspaper published on Tuesday, former U.K. Foreign Secretary William Hague wrote that “central bankers […]

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Economy Geopolitics

The Future Of Greece? Five Key Clues For The Oracle

Amid all the talk of debt, defaults and deadlines, it is not easy to understand just what is actually going on in Greece. After yesterday’s momentous referendum, we shine the spotlight on five key points to offer a way out not only for Greece and the Eurozone, but for the rest of us on information […]

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Geopolitics Ideas

And If Europe Were Still The Last, Best Hope On Earth?

After the Greek election of radical leftists and the European Central Bank’s new liquidity, Europe is still where the rest of the world looks to understand themselves. History has so much to say.

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Economy Ideas

Mario Draghi Is Playing With Fire

Remember asset-backed securities and the 2008 global financial crash? Desperate to jumpstart Europe’s economy, the European Central Bank chief is making them presentable again.

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Ideas

Rome Burns – Will Italy’s Debt And Broken Politics Take Europe Down, Too?

A Belgium perspective on the urgent risks that Italy’s economic implosion will spread. France could be next.

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Economy

Eurozone Unemployment Rate At Record High, Euro Recovery Late 2013

EUROPE 1, LE FIGARO (France) Worldcrunch PARIS – Unemployment has reached a new record high in the eurozone, with European Central Bank (ECB) President Mario Draghi saying Friday that the single currency would not recover until the second half of 2013. “We have not yet emerged from the crisis,” Draghi told France’s Europe 1 radio […]

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Economy

Mario Draghi vs. Germany: The Fallout From European Central Bank’s ‘Big Bazooka’

BERLIN – Even the ever competent European Central Bank (ECB) President Mario Draghi stumbled when he was asked how he was dealing with the fact that the Germans had reservations about his latest moves. That’s because the journalist at last week’s press conference didn’t address him as “President Draghi,” but as “Herr Weidmann.” Of course, […]

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