Tag: Economy

Sep 23

The potential of small farming

To ensure food security for all, we will have to increase not just food production, but also availability, especially for those living in developing countries. That means breaking down barriers and inequalities, building capacity, and disseminating knowledge. The International Fund for Agricultural Development sees enormous potential in Africa’s agricultural sector, which experienced 4.8% growth in …

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Sep 21

The future of FIAT and the past of State aids

A prophecy in 2004, from a friend to Curzio Maltese about Mr. Marchionne the freshly appointed CEO at FIAT, said: “this is the man who will destroy the automotive industry in Italy”. The prophecy comes true, but most of policy makers and journalists show great surprise after years of lauds. 7.6 billion euro State aids …

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Sep 13

New bid for the Alcoa’s plant in Sardinia

KiteGen Research, an Italian company specialising in troposhperic wind generators has presented a bid to the Italian Government to acquire the plant being dismissed by Alcoa in Sardinia (the largest energy consumer in Italy). Their plan would partially convert the production and obtain 100% of the required energy for the operations from tropospheric wind, with …

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Sep 13

The German Constitutional Court’s “yes-but” answer to the ESM Treaty

The conditional approval of the ESM’s rules by Karlsruhe judges limits the secrecy of bailout agreements, in the name of the citizens’ right to be informed. It comes after 37.000 Germans signed the petitions against unlimited funding to ESM by Germany. The Court’s decision orders the two Chambers of the German Parliament be fully informed …

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Sep 08

China and Russia sound alarm on global economy

China sounded the alarm about the state of the global economy on Saturday at APEC summit, and Russian President Putin also expresses concern. Chinese leaders call for stronger integration in APEC Countries (Reuters), while promising they will work to provide a better policy environment to attract foreign investments in China (Reuters). Meanwhile, chinese companies keep …

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Sep 02

Bank lending slows in Brazil as loan delinquency climbs

Brazil’s banks abruptly slowed the pace of loan disbursements in July as caution took center stage among private sector lenders seeking to protect earnings from near record delinquencies and a drop in borrowing costs (Reuters).

Sep 01

Next winners in the global economy

Who is going to win the global competition between old and new economies? Dani Rodrik’s insight, professor at Harvard University’s Kennedy School of Government, provides a three condition scenario for relative growth: “those that do relatively better will share three characteristics. First, they will not be weighed down by high levels of public debt. Second, …

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