“Putin may be sick, but this place doesn’t look very healthy.” The anti-Europe rebellion of the weary Balkans
As expected, the European Council grants Ukraine and Moldova the status of candidate country to join the EU. In the evening, when the announcement is official, Volodymyr Zelensky connects by videoconference with the leaders gathered at the Europa Building to thank and celebrate the historic moment. But it is the summit with the 6 leaders […]
Massimo Giletti is not pro-Putin but comes back from Russia a bit bruised
There is debate on Massimo Giletti’s broadcast last night and that’s right, because this makes the difference between how things are going with us and how they are going elsewhere (in Russia, just to give an example). There are many critical voices, like that of Sofia Ventura (always interesting to read) right here on the […]
The ruble is too strong, now for Putin it is a “problem”: the Russian Central Bank is running for cover (by C. Paudice)
“The currency is getting too strong, Moscow is buying dollars and euros” bypassing the sanctions. The monetary authority denies it. But the rush is starting to worry, the Kremlin adopts new rules for exporters 23 Maggio 2022 Updated at 20:05
This is how your money survives inflation and war
Investment with dividends Dividends should not draw from the substance of the company. (Illustration: Stephan Schmitz) Düsseldorf The global economy is deteriorating rapidly. Ifo boss Clemens Fuest is extremely concerned about the economic situation and appeals to the central banks to fight inflation decisively. But how do investors keep their money safe? We show three […]
Ukraine-Russia war: live latest news
The G-7 studies ways to unblock the Ukrainian grain The foreign ministers of the G7, who meet from this Thursday to Saturday in Weissenhaus (north of Germany), will focus on the global food crisis caused by the war in Ukraine. “We will talk about the blockade of grain by Russia, how to unblock it and […]
Draghi reveals the obvious (and European hypocrisy): gas will be paid for in rubles (by C. Paudice)
For not accepting the conditions imposed by Vladimir Putin, Poland and Hungary have been cut off from Russian gas supplies. Apparently, they will be the only ones to pay the price. Prime Minister Mario Draghi intervened from the Italian embassy in Washington in the dispute between Brussels and Moscow on how to pay the bills […]
Enrico Letta: “The EU will carry out by removing the right of veto, otherwise it is hostage to Orbàn”
“The Convention for the reform of the treaties can start on 9 May, precisely with the aim of eliminating the mechanism of unanimity and the right of veto on many matters. I am very confident, this can lead to the turning point for a true federal Europe. “. Thus, in an interview with Repubblica, the […]
The Bank of Spain ensures that there are 94,000 million euros credits under risk of default
The Bank of Spain has confirmed that the Spanish banking sector has adequate resilience to absorb the impact that a hypothetical severe scenario of deterioration in the macroeconomic outlook would have on its solvency as a result of the Russian invasion of Ukraine and the escalation of the inflation. However, the agency also warns of […]
Barcelona sends the first mobile hospital to Ukraine
Humanitarian aid projects are multiplying from our home to Ukraine. This Monday, a very special humanitarian caravan left the Barcelona Free Trade Zone in the direction of the Donbass. This is the first mobile hospital to allow it give first aid or help people in critical condition. The first mobile first aid hospital leaves for […]
Closest default for Russia, but it doesn’t disturb Putin’s sleep (by C. Paudice)
The biggest damage could be in terms of credibility on the markets but it will have to deal with it in the long run and after the invasion of Ukraine it is perhaps the least of Vladimir Putin’s problems now. On Wednesday, Russia paid in rubles the $ 650 million coupons on eurobonds due this […]