The use of the Golden Power is the fig leaf with which the Government and especially the League want to hinder the takeover bid by Unicredit on Banco Bpm because it is not clear what the national security problems are. But this is how…
Olof Scholz's Germany is scrambling to prevent Unicredit's takeover of Commerzbank, but unfortunately it is not the only case of nationalism and economic protectionism that is once again raging in Europe. France, Spain and…
Pandemic and war have undermined the old model of globalization amidst drives towards fragmentation and competition between blocks. So what to do? Foresight and reasonableness recommend keeping channels of economic cooperation open. The intervention of the CEO of Bankitalia…
The standing ovation of the young people of the Rimini Meeting to Mario Draghi is a bet on the future and an appeal not to disperse the Draghi Agenda, which is made up of method and content, the ability to solve problems and…
In its latest economic bulletin, the central institute warns that global uncertainty weighs on manufacturing in the euro area - Investor confidence falls - Inflation will fall further
Oxford Economics, in collaboration with the association of Lombard industrialists, presented forecasts on the Italian and global economy in Milan: "In the event of junk debt, the funds will have to sell Italian securities and we would be out of Qe" - On protectionism: " TO…
In his new book "Cracks in the system - The shattering of the global economy" the former Director General of the Bank of Italy and former Minister of the Economy comes to terms with the economic and political turbulence of our day but remains convinced that, despite many…
As a SACE report demonstrates, tariff escalation translates into a negative-sum game and the EU will pay the price - Meanwhile, the markets are increasingly interconnected, with the growing tertiary sector acting as…
The global crisis has displaced not only liberalism but also liberalism and paved the way for protectionism and populism - This is why The Economist has opened a debate on the future of modern liberalism by revisiting some thinkers of the…
According to data from the Association of Motor Vehicle Manufacturers, this is the estimate of the annual cost of the 25% tariff barriers on cars and components that Donald Trump threatens. European Union, China and Japan are on guard
"But growth remains solid and widespread", reassured the Eurotower number one after the Governing Council left rates unchanged - "Protectionism has a profound effect on confidence, which in turn weighs on growth forecasts"…
FROM INDOSUEZ WEALTH MANAGEMENT - Everything seemed to go in the right direction, then American protectionism arrived. Now what's going to happen? Here are the possible scenarios and their effects on the financial markets
From "THE RED AND THE BLACK" by ALESSANDRO FUGNOLI - If America crosses the line of fair trade it will primarily hurt itself but for now the winds of trade wars are not upsetting the stock exchanges which "may…
Globally, both economic growth and exports are increasing, but protectionist measures are also increasing: between 2009 and 2017, 4.300 were introduced, of which 55% in the G7 countries and in Australia
After the president's protectionist moves, household appliances manufacturers not only did not relocate but invested by increasing the production capacity of their factories.
"Closing ourselves off, isolating ourselves, will not lead us towards a serene future" reiterated the German chancellor - Premier Gentiloni also shares the same opinion: "Protectionism cuts the branch on which growth rests".
According to the Focus On edited by Case (Sace group) among the sectors most damaged by protectionism are the automotive, metallurgy and instrumental mechanics, segments that account for almost 40% of the total exported from Italy.
At the central bankers' Symposium in Jackson Hole, the ECB president did not go overboard on rates and Qe but, like Yellen, sent an unequivocal signal to President Trump on protectionism and financial deregulation
CSC Confindustria - On the American market, imports of "beautiful and well-made" products produced in Italy have a growth potential of 13 billion, which can reach 20 billion in five years - The risks of neo-protectionism
The president of Enel explains how the international context changes for Italian companies that want to grow abroad and how a giant like Enel moves - Between investment rating and open innovation - Enel is the leader of a hundred small…
The G7 in Taormina concludes with an agreement against terrorism and against protectionism (not taken for granted on the eve of Trump's guidelines) but the agreement on the climate fails because the US has asked for time to mature a position...
FOCUS BNL -The US president Trump makes protectionism his compass but export restrictions have been intensifying for years -According to the European Commission between October 2008 and the end of 2015, 1.059 protectionist measures were introduced by trading partners…
High levels of indebtedness, currency tensions and geopolitical instability are the main risk factors, especially for emerging markets - Some regions of Latin America, Africa and Asia go against the trend - The use of insurance and risk management instruments is he confirms…
The president of the ECB in a hearing in the European Parliament: "Our monetary policy is structured to give price stability throughout the Eurozone" - "We certainly look with concern at the announcements of protectionism" coming from the USA - Then the e
From "THE RED AND THE BLACK" by ALESSANDRO FUGNOLI, strategist of Kairos -Trump reopens a discussion on protectionism and free trade that was already alive in the times of Marx and Engels but ideology is one thing and one thing is…
According to Chinese President Xi Jinping, speaking at the World Economic Forum, globalization must be corrected, but not erased, because "pursuing protectionism is like locking oneself in a dark room. No one would emerge victorious from a trade war".
WEEKEND INTERVIEW with MICHELE FRATIANNI, Florentine economist who was part of President Reagan's team of economic advisers: "Trump is a highly variable character, but a lot will depend on the team. If it goes wrong, it will be a nefarious protectionist policy…
FOCUS BNL - We are far from the highs of 2007 and the quality of cross-border transactions has also changed: fewer raw materials and labor-intensive products and more knowledge content whose international exchanges amount to 13…
From Brussels, the European Commission immediately responded by warning Paris against the temptation of protectionism: "A legitimate decree - explained Commissioner Barnier - but it must be applied in a proportionate manner".
The growing multiplication of trade restrictions on the agenda of the G20 which opens tomorrow in St. Petersburg - But, despite the denunciation of the Brussels Commission, it seems unlikely that the European demands for trade liberalization can be accepted…
Brussels points out that 2008 rules limiting free trade have been adopted since 700 - In the aftermath of the crisis, world leaders had promised that they would not fall into the protectionist spiral - In Argentina, a record of limitations (150), follow…
Thailand's Commerce Ministry has urged local companies to prepare to face increased trade barriers imposed by many countries in this time of global crisis.
The outgoing French president and candidate for re-election in April rails against unfair international competition: "Europe cannot surrender to the law of the strongest" - And he proposes a protectionist formula on the model of the American Buy Act of 1933 -…
In Montevideo, the Mercosur countries are studying a measure to raise import taxes on at least 100 products. With the consumer crisis advancing in Europe and the US, Latin American governments fear an invasion of Chinese products…
