Category: Politics

Self-fulfilling prophecies

Italy seizing up in a Mediobanca Security report to its customers, uncovered by ilfattoquotidiano.it.   Mediobanca Securities report from ilfattoquotidiano The Country is also in the “blacklist” of European peripheral States —Greece, Spain, Portugal and Italy—  where Constitutions with “a strong socialist influence” might put them at the center of the debt crisis, a J. …

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Deficit cuts and the obious link with recession

It is a debated issue in these times, that of deficit cuts, along with the less famous theme of the “end of growth” and that of the finite nature of resources on hearth. In his Museletter 249, Richard Heinberg connects them in a summary of thoughts which may turn useful to those aiming to understand why …

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Swiss voters back executive pay curbs

Swiss citizens were on track on March 3, to impose some of the world’s strictest controls on executive pay, giving shareholders in public companies a binding vote on compensation, initial result projections showed. Read the full Reuters’ press release.

Finance ‘votes’ for Grillo and Berlusconi

A pre-electoral report by Mediobanca Securities forecasted the incredible results of Mr Grillo and Mr Berlusconi in the Italian vote of 24-25 February 2013, and indicated it as the best scenario for financial operators worldwide (read the scoop by Il Sole 24 Ore on 18th February 2013). “Paradoxically, the worst case scenario could actually become …

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Goldman Sachs’ outlook on Italian politics

Goldman Sachs’ last report on the Italian politics and future elections suggests how to get a second mandate for Mario Monti, its former consultant in charge of Prime Minister (through the famous revolving doors, the article tells) by changing the electoral law, MF anticipates. The strategy is the following. “The reform of the electoral law: …

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Government and media in Italy

This article (part 1; part 2) reports on the liaison between the media system in Italy and the government of Mario Monti. From Berlusconi to the “professors”, few changes appears in the uncritical support to power by major media in Italy. Definitively not a watchdog, now warming up the engine to push for a second …

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Senator Dell’Utri accused of blackmailing Berlusconi over mafia

“Magistrates have launched a formal investigation against an Italian senator on suspicion that he attempted to blackmail his longtime patron, former Prime Minister Silvio Berlusconi, over alleged mafia links, judicial officials said on Wednesday…” (Reuters)