Category: Economy

Apr 21

Greece in the arms of Russia and China

Following the “suggestion” from rhe Germany’s finance minister Wolfgang Schauble who said the Greeks are free to pursue deals with Russia and China as they rush to avoid an impending bankruptcy, the Greek Government is to sign an agreement with the Russian President, Vladimir Putin, after the many deals China closed in logistics and industry …

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Apr 21

Financial engineering is back, International Monetary Fund warns

“IMF tells regulators to brace for global liquidity shock”, Ambrose Evans-Pritchard report on The Telegraph. “Investors are borrowing money to buy shares on the US stockmarket at a torrid pace and are resorting to the same sorts of financial engineering that preceded the last two financial crises. (…) The report said there are clear signs …

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Apr 16

Dollar hegemony and the Iran nuclear issue

A useful historical compendium of the last two decades is in the article by Peter Koenig on the Information Clearing House website, reminding how the most crucial moves in Middle East, including the last “wars for democracy”, might be strictly related to another war: the one for dollar supremacy in the world. The conclusions are …

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Apr 14

BRICS and the Fiction of “De-Dollarization”

An interesting essays of Prof. Michael Chossudovsky published on Global Research dismantles the position of “the financial media as well as (of) segments of the alternative media (that) are pointing to a possible weakening of the US dollar as a global trading currency resulting from the BRICS (Brazil, Russia, India, China, South Africa) initiative” to …

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Jun 18

War for growth

“Lack Of Major Wars May Be Hurting Economic Growth”, Tyler Durden reports on Zerohedge, citing an article by the economist Tylor Cowen on New York Times. Economists are not new to such position. Unfortunately, their opinion may rule the world (and seldom it does) with no scientific ground, since they are not considered as scientists …

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May 13

Fondo di garanzia per le Pmi: Concessione garanzie su portafogli di finanziamenti

E’ stata emanata la Circolare  n. 669 dell’8 maggio 2014 con la quale Banca del Mezzogiorno – MedioCredito Centrale informa che sono entrate in vigore le modalità operative per la concessione della garanzia del Fondo su portafogli di finanziamenti. Le suddette modalità operative (approvate dal decreto del Ministro dello sviluppo economico del 24 aprile 2014, …

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May 12

Half of Italian SMEs feel the risk to pay bribes

25% of Italian SMEs have corrupted officials (or were forced to) to get works assigned, and at least half of them refused to pay bribes in the first months of 2014, ADN Kronos’ survey reports. 10% only of those asked for a payoff denounced the event to police forces, while 80% of the interviewees repute …

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