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ITALY DEBT
What is the G7 and what's on the agenda at the Evian-les-Bains summit?G7 leaders convene in France to tackle pressing global issues including the wars in Ukraine and Iran, and economic imbalances. Discussions ...- Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
- Charting the global economy: Inflation hits incomes and spendingGlobal economies face rising inflation and slowing consumer spending. In the US, incomes are squeezed, pushing savings rates down. Europe s...
- European Union's public debt to be on unsustainable path without action, IMF saysEuropean Union nations face significant financial challenges in defence, energy, and pensions over the next 15 years. The International Mon...
- Quote of the Day by famous poet Geoffrey Chaucer: 'If gold rusts, what then can …'—Inspiring quotes by the 'father of English literature,' best known for The Canterbury TalesGeoffrey Chaucer's timeless quote, "If gold rusts, what then can iron do?" warns of moral decay when respected figures falter. His life, ma...
- Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
- Trump's 'gold card' visa starting at $1 million granted to just 1 person so far, White House saysPresident Donald Trump's 'gold card' visa program, requiring a $1 million investment for legal U.S. residency, has seen one approval. Comme...
- The Trump official living a double life—a bombshell investigation is blowing her cover wide openA top counterterrorism official faces an investigation over claims she sought financial support from wealthy men. An ex-boyfriend alleges h...
- Europe’s €1trn debt ‘volcano’ likely to erupt and impact German economy, analyst warnsA leading analyst, Jeremy Batstone-Carr, a European strategist at Raymond James has warned that the EU is holding a giant loan ‘volcano’ th...
- Moody’s cuts Italy ratings to one step above junkThe credit score was lowered one level to Baa3 and the outlook was shifted to stable.
- Monti says Italy has scope to cut government debt owed to companiesItaly is close to finding a way to pay off huge public sector debts owed to private companies without pushing up the public debt.
- Italy enters to the frontline of Europe's debt crisis after Spain rescueItaly has 2 trillion euros of debt, more as a share of its economy than any advanced nation after Greece and Japan.
- Euro warning as Italy borrowing costs soar to record highsMerkel and Sarkozy "said they were aware that a collapse of Italy would inevitably be the end of the euro.
- Italy debt collapse would end euro: Merkel, SarkozySuch a catastrophe would "stall the process of European integration with unpredictable consequences," it said.
- Lessons for democracies from Berlusconi's fallThere are also a few important lessons for citizens of any democracy where money buys too much and votes buy too little.
- Italy's debt too big to bail out unlike Greece: Douglas BlakeThe contagion effect from failure of Italy is too big to fathom unlike Greece which is much smaller problem, says Douglas Blake of Newbridg...
- Our fundamentals are strong: Italy minister for economic development Paolo RomaniItaly should not be painted with the same brush as Greece or Portugal as its fundamentals are strong, says minister Paolo Romani.
- How Italy found an Asian saviour as China looks to boost imageChina is playing a "white knight" role in assisting Europe and buying itself goodwill that will enable it to purchase more sensitive Europe...
- Italy's debt reaches 1.812 trillion euroItaly's public debt, one of the highest in the world, reached a record 1.812 trillion euros (2.219 trillion dollars) in April, the Bank of ...
- Italy approves 24 billion euro austerity driveThe Italian government on Tuesday approved austerity measures worth 24 billion euros ($25.9 billion) for 2011-2012 aimed at stabilising the...
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