Category: Sectors

Sep 21

Oil futures rise

NYMEX-U.S. oil futures rise on supply concerns, Reuters report. Read also “Peak cheap oil“.

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 19

IEA 2012 key energy data released

The International Energy Agency’s has made available its latest annual publication of energy data – Key World Energy Statistics 2012 here.

Sep 14

Germany’s halt to €5tn bank guarantee idea

An ambitious blueprint to guarantee the whole amount of deposits in eurozone banks have been stopped by German objections, Financial Times revealed today. EU officials agreed a eurozone banking union with regulation and control shifted to Brussels, and the guarantee over deposits was intended as a first move in that direction. In the first drafts …

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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

Dark energy, the mysterious cosmic force

Dark energy, the mysterious cosmic force thought to be the fuel behind the accelerating expansion of the universe, is real, according to an Anglo-German team of astronomers after a two-year study. However, the scientists declare to have no idea of what it consists of (Reuters).

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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