asterisk2a + italy   109

Italien: Rechtsradikale Gruppen wie Casa Pound wachsen - SPIEGEL ONLINE
From Spain to Turkey, the rise of the far right is a clash of cultures not civilisations
Elif Shafak
Vox and other extremists are making huge political gains for the first time in years. Their success risks tearing societies apart
https://www.theguardian.com/commentisfree/2019/may/06/spain-turkey-far-right-vox-culture-war
What Vox is selling is strikingly similar to the package embraced by populist nationalists elsewhere: anti-immigration, anti-diversity, anti-gay marriage and LGBT rights, an aggressive longing for a mythical golden past. The Catalan conflict has played into Vox’s hands – as through history, one type of “benign” nationalism has dangerously inflamed another to stoke a vicious conflict. Populist nationalists love imaginary enemies, and Vox is no exception. Misogyny lies at its heart. Talk that men are suffering at the hands of “feminazis”, and that radical feminists are threatening the social fabric, will be familiar to watchers of the far right. They don’t believe that patriarchy exists, just as they don’t believe climate change is happening. Coming from Turkey, the misogynist rhetoric of the Spanish movement is horribly familiar to me. Just like the Justice and Development party (AKP) in Turkey, Vox wants to convert the current gender ministry into a ministry of family. The shift in words is significant. Rather than looking at gender discrimination and institutional gender disparity, the new focus is on “traditional family values”. Until recently Spain was regarded as one of the few countries that had made huge gains in gender equality. Now we know that even in such countries history can go backwards.
Italy  Italien  Rechtsruck  Rechtsextremismus  Spain  Vox  values  culture  family  LGBT  far-right  right-wing  alt-right  Spanien  Europa  fascism  Neo-Nazi  neonazi  neo-fascism  neofascism  Nazi  Xenophobia  Homophobia  homophobic  transphobia  Transphobic 
16 days ago by asterisk2a
Italien in der Rezession: Fatale Spirale - SPIEGEL ONLINE
Die Wirtschaft schrumpft, die Schulden steigen, von den Ratingagenturen droht die Abstufung auf Junk-Niveau: Italien rutscht immer tiefer in die Krise - und könnte einen Domino-Effekt in der EU auslösen.
Italy  credit  rating 
february 2019 by asterisk2a
UK towns ‘polarised’ by rise of far right | UK news | The Guardian
But Khan said her investigations had detected a sense Britain was on the cusp of a fresh wave of rightwing extremism: “This backs up what experts have been telling me – that we are seeing a new wave of the far right: modernised, professionalised and growing; supported by a frightening amount of legal online extremist material.” [...] Metropolitan police’s Neil Basu, told the home affairs select committee that far-right extremists and Islamists were “feeding each other” and that police were currently presiding over 700 live terrorism investigations. [...] Home Office data shows that white people now constitute the largest proportion of arrested terrorism suspects for the first time in 13 years. Meanwhile, the number of people referred to the government’s counter-extremism programme, Prevent, because of concerns over rightwing extremism has grown by more than a quarter.
UK  Brexit  far-right  right-wing  Rechtsextremismus  Rechtsruck  AfD  PEGIDA  EDL  Austerity  Homophobia  homophobic  LGBT  transphobia  Transphobic  Tommy  Robinson  Bannon  DonaldTrump  Donald  Trump  Richard  Spencer  Bolsonaro  Salvini  France  Germany  USA  post-racial  Italy  alt-right  neonazi  neo-nazi  fascism  neofascism  Naziproblem  Islam  terror  terrorism  violence  hate  speech  crime  Council 
october 2018 by asterisk2a
Western Europeans vary in nationalist, anti-immigrant, anti-religious minority attitudes | Pew Research Center
https://twitter.com/pewglobal/status/1011496037532553218 // While younger people tend to score lower on the NIM, statistical analysis suggests that, in Western Europe overall, this has less to do with their age and more to do with factors like religion and familiarity with Muslims. For example, younger Western Europeans are more likely to say they personally know a Muslim and to say they are religiously unaffiliated; both of these factors are closely associated with lower NIM scores.
far-right  right-wing  alt-right  fascism  racism  Xenophobia  Homophobia  homophobic  transphobia  Transphobic  Europe  AfD  Brexit  refugee  crisis  DonaldTrump  Donald  Trump  Generation  hate  speech  discrimination  BAME  antisemitism  Islamophobia  Italy  Germany  Rechtsruck 
june 2018 by asterisk2a
(9409) Decrypting the Alt-Right: How to Recognize a F@scist | ContraPoints - YouTube
Dog-whistle politics is political messaging employing coded language that appears to mean one thing to the general population but has an additional, different, or more specific resonance for a targeted subgroup. - & https://www.youtube.com/watch?v=c1rMLC87rJc //&! https://www.youtube.com/watch?v=GGTDhutW_us - Does the Left Hate Free Speech? (Part 1)
alt-right  right-wing  AfD  Brexit  DonaldTrump  Donald  Trump  far-right  Conservative  racism  fascism  UK  USA  post-racial  America  Italy  dog-whistle  hate  speech  Politics  Social  Media  Internet  free  transphobia  transphobic  SJW 
june 2018 by asterisk2a
(4207) Sizilien zwischen Mafia und Migranten | Weltspiegel Reportage - YouTube
in Italy its Nigerian women. in UK its East European women selling their bodies forced.
refugee  crisis  trafficking  human  rights  Africa  Nigeria  Mafia  Italy  European  Union 
october 2017 by asterisk2a
Italy seeks €20bn for banks as Monte dei Paschi flounders - BBC News
The Italian government will seek parliamentary approval to borrow up to €20bn (£17bn) to support its fragile banking sector and potentially rescue Monte dei Paschi di Siena.
bank  bailout  Italy  ECB  NPL  non-performing  loan 
december 2016 by asterisk2a
Italy’s €360 billion referendum – POLITICO
Italy’s banking system is staggering under €360 billion in bad loans. Almost any outcome that destabilizes Italian politics would send tremors through the country’s rickety financial system. While the long-term consequences could be dramatic — in a worse case scenario perhaps leading to the collapse of the eurozone — the first victims could be efforts to rescue two of Italy’s largest lenders.
non-performing  NPL  bad  bank  Italy  Referendum  Renzi  contagion  European  Union  systemicrisk  sovereign  debt  crisis  GFC  economic  history  recession  recovery  Austerity  ECB  Banking  Supervision  MarioDraghi  Greece  Spain  Portugal  PIGS  UK  exposure  bailout  bail-in  bailin  recapitalization  recapitalisation 
november 2016 by asterisk2a
Mark Blyth on the Brexit vote - YouTube
the start of Trumpism. Every country has a version of it. 80% of the bottom got a shit deal (trickle down) for the last 30 years. &! https://youtu.be/czE7dkSSFB0 - Economic Anger Of Working Class &! ppl left out of the econ growth prosperity, not participated. Osborne saying econ grows. But that has nothing to do w working ppl in xyz who seen living standard deteriorate further. ..&! https://youtu.be/waXfqPt_ip8
Trumpism  Brexit  UKIP  Centrists  Donald  Trump  AfD  Front  National  Italy  Germany  France  UK  USA  economic  history  gini  Coefficient  tax  avoidance  evasion  income  inequality  growth  working  poor  Elite  Plutocracy  SNP  indyref  indyref2  Nationalism  austerity  wage  Productivity  technocrat  Greece  PIGS  democracy  1%  10%  20%  lobby  revolving  door  output  gap  skills  Mark  Blyth  crony  capitalism  neoliberal  neoliberalism  insecurity 
october 2016 by asterisk2a
Trump at war with the GOP / Italy's 'Brexit' - what's at stake? by World View - The Irish Times | Free Listening on SoundCloud
In italiens referendum wird mal wieder so viel rein interpretiert von jedem mit sorgen. das es nicht mehr darum geht 100% was fuer eine ja nein frage auf dem papier steht. // corrupt politicians (renzy, berlusconi), austerity, unemployment, banking crisis, 0 growth, refugee crisis, immigaration - the other,
Italy  Referendum  European  Union  Austerity  long-term  unemployment  Recession  Career  Politicians 
october 2016 by asterisk2a
The Deutsche Bank crisis could take Angela Merkel down – and the Euro
Over the weekend, the German Chancellor Angela Merkel waded into the mess, briefing that there could be no government bail-out of the bank. [...] If it was in trouble, it was on its own. [... would be another example of socialism for the rich, and the poor must suffer waht they must - varoufakis ]

But hold on. Surely that is an extra-ordinary decision? If the German government does not stand behind the bank, then inevitably all its counter-parties – the other banks and institutions it deals with – are going to start feeling very nervous about trading with it.
Angela  Merkel  bailout  Deutsche  Bank  Italy  contagion  TBTF  systemic  risk  investment  banking  Germany  Bundesbank  ECB  AfD  CDU  CSU  SPD  far-right  right-wing  austerity  Commerzbank  bail-in  bailin 
september 2016 by asterisk2a
Will Italy be Europe’s next casualty as Renzi risks all on referendum? | World news | The Guardian
Matteo Renzi’s pledge on constitutional reform is starting to look as ill-starred as David Cameron’s Brexit poll
Matteo  Renzi  Italy  Brexit  European  Union 
august 2016 by asterisk2a
Deutsche Bank Loves Helicopter Money: Why "Big Inflation Is Coming... But Will First Require A Crisis"
[NEED FOR CHANGE OF WIND - deflationary pressures ] Europe is another story. Germany must let their southern neighbors cheat on deficits and bank recapitalizations. “Spanish election showed if you let them cheat and growth surprises positively then extremists don’t do so well. Europe can only survive as an inflation zone. Will it be formally tolerated? Probably not. Will governments cheat anyway with ECB support?” Probably.
Deutsche  Bank  Italy  PIGS  sovereign  debt  crisis  austerity  Germany  Fiscal  Pact  Schuldenbremse  ECB  MarioDraghi  BuBa  Jens  Weidmann  Wolfgang  Schäuble  Angela  Merkel  zombie  zombie  banks  Richard  Koo  Helicopter  Money  monetary  policy  monetary  stimulus  policy  monetary  theory  deflation  deflationary  Brexit  European  Bank  Supervision  BaFin  BOE  BOJ  Abenomics  right-wing  far  right  far-right  Front  National  AfD  UKIP  Centrist  recovery  income  distribution  income  inequality  Gini  coefficient  squeezed  middle  class  Precariat  working  poor  globalisation  globalization  Paul  Mason  crony  capitalism  capitalism  in  crisis  tax  evasion  tax  avoidance  poverty  poverty  trap  social  mobility  income  mobility  wage  stagnation  wage  growth  wage  pressure  income  growth  GFC  economic  history  liquidity  trap  balance  sheet  recession  debt  overhang  household  debt  consumer  debt  credit  card  credit  card  debt  western  world  secular  stagnation  non-performing  loan  bail-in  bailout  recapitalization  recapitalisation  UK  Japan 
july 2016 by asterisk2a
EU finance ministers get tough with Italian bank trying for third bailout
EU rules forbid troubled Tuscan bank Monte dei Paschi from receiving state aid, but its collapse would cause a political crisis for prime minister Matteo Renzi [...] a move that would need Brussels to break new rules designed to prevent such taxpayer bailouts after the 2008 global financial crisis. [... italy had a triple dip recession from 2008/9 counting ] //&! soundcloud.com/ft-world-weekly/italys-struggling-banks-pose-3 //&! Banks missold products again, in part - bit.ly/29Fmboz //&! bit.ly/29H4VPD 360mrdEuro NPL &! bit.ly/29B0d6I &! bit.ly/2a1sfdI &! Bad Bank #2 to be set-up - bit.ly/2a9plpN [...] technical analysis - http://bit.ly/29VP2YI
Matteo  Renzi  Angela  Merkel  Wolfgang  Schäuble  European  Bank  Supervision  bailout  bailin  Italy  zombie  zombie  banks  non-performing  loan  austerity  recession  Germany  Deutsche  Bank  contagion  contamination  systemic  risk  systemicrisk  systemrelevant  systemrelevanz  BaFin  ECB  Basel  III  Basel3  stresstest  Jeroen  Dijsselbloem  sovereign  debt  crisis  economic  history 
july 2016 by asterisk2a
Bancopalypse 2.0 - Some Disturbing Figures From The Looming Financial Crisis | Zero Hedge
Well-capitalized banks are supposed to have double-digit capital levels while making low risk investments.

Deutsche Bank, on the other hand, has a capital level of less that 3% (just like Lehman), and an incredibly risky asset base that boasts notional derivatives exposure of more than $70 trillion, roughly the size of world GDP.

Even the IMF has stated unequivocally that Deutsche Bank poses the greatest risk to global financial stability.

And the IMF would be right… except for all the other banks.

Because, meanwhile in Italy, nearly the entire Italian banking system is rapidly sliding into insolvency.

Italian banks are sitting on over 360 billion euros in bad loans right now and are in desperate need of a massive bailout.

IMF calculations show that Italian banks’ capital levels are among the lowest in the world, just ahead of Bangladesh.
Deutsche  Bank  derivatives  financial  instruments  BaFin  BuBa  European  Bank  Supervision  Italy  Spain  stresstest  PIGS  zombie  zombie  banks  non-performing  loan  capital  reserves  ECB  MarioDraghi  sovereign  debt  crisis  economic  history  Wolfgang  Schäuble  Angela  Merkel  banking  union  systemic  risk  systemicrisk  systemrelevant  systemrelevanz  TBTF  toobigtofail  too  big  to  bail  too  big  to  fail 
july 2016 by asterisk2a
"Deutsche Bank Poses The Greatest Risk To The Global Financial System": IMF
via Keister Report - https://youtu.be/fbh3rndGDN8 // a Italian banking crisis could topple them. that is why they (their economist) called for a EU bank bailout (shore up). //&! IMF Warns Of "Global Contagion" From Italy's Bank Crisis; Forecasts Two-Decade Long Recession - http://bit.ly/29sFINn - [...] "Unless asset quality and profitability problems are addressed in a timely manner, lingering problems of weaker banks can eventually weigh on the rest of the system," //&! http://www.zerohedge.com/news/2016-07-09/charting-epic-collapse-worlds-most-systemically-dangerous-bank //&! Analyst Warns Deutsche Bank's Problems May Now Be "Insurmountable" - http://bit.ly/29LwUjv - [...] we believe DBK is still over 40x levered. [...] Seeking outside capital is also likely to be difficult as management would likely find it hard to offer any type of return on new capital invested. //&! its known balance sheet - http://bit.ly/29usGKG - 1.74 trillion balance sheet!
Italy  Germany  derivatives  Deutsche  Bank  BuBa  BaFin  Wolfgang  Schäuble  Angela  Merkel  investment  banking  systemic  risk  systemicrisk  systemrelevant  systemrelevanz  European  Bank  Supervision  stresstest  contagion  repo  trust  sovereign  debt  crisis  PIGS  Greece  Brexit  non-performing  loan  zombie  banks  zombie  austerity  secular  stagnation  recession  ECB  MarioDraghi  ZIRP  NIRP  QE  hunt  for  yield  asset  allocation  distortion  OMT  LTRO  Basel  III  Basel3  leverage  banking  union  Bank  Oversight  banking  crisis  banking  system  interbank  lending  overnight  deposit  facility 
july 2016 by asterisk2a
Brexit und Italien-Krise: Euro-Gruppen-Chef schließt neue Bankenrettung aus
[ EXPOSURE TO ITALY BANKS ] Euro-Gruppen-Chef Jeroen Dijsselbloem lehnt ein neues Bankenrettungsprogramm ab. "Die Probleme müssen in den Banken geregelt werden", sagte der Niederländer beim Treffen der Eurofinanzminister am Montag in Brüssel. Die Einfachheit, mit der einige Banker mehr öffentliche Gelder forderten, um ihre Probleme zu lösen, sei problematisch. "Das muss ein Ende haben." // http://www.welt.de/finanzen/article156924408/Deutsche-Bank-Chefoekonom-fordert-150-Milliarden.html - Der Kursrückgang bei Bankaktien sei nur das Symptom eines viel größeren Problems, nämlich einer fatalen Kombination aus schwachem Wachstum, hohen Staatsschulden und einer Nähe zur gefährlichen Deflation.
contagion  European  integration  banking  union  Wolfgang  Schäuble  Italy  Germany  repo  Brexit  secular  stagnation  austerity  ECB  European  bank  bailout  systemic  risk  systemicrisk  systemrelevant  systemrelevanz  European  Supervision  reflate  reflation  bank  restructuring  Oversight  MarioDraghi  Mark  Carney  trust  interbank  lending  interbank  market  overnight  deposit  facility  deflation  deflationary  sovereign  debt  crisis  PIGS  Greece  Angela  Merkel  UK  economic  history 
july 2016 by asterisk2a
Italian senate passes watered-down bill recognising same-sex civil unions | World news | The Guardian
Prime minister Matteo Renzi had to remove a provision that would have granted some adoption rights to gay people in order to secure enough support
Religion  compromise  Career  Politicians  Principle  Italy  LGBT  gay  rights  gay  marriage  Europe  equality  same-sex  marriage 
february 2016 by asterisk2a
Italien: Bankensektor wieder tief in der Krise - SPIEGEL ONLINE
Zusammengefasst: Italiens Ministerpräsident Matteo Renzi hat zwar einige Reformen auf den Weg gebracht. Auch die Wirtschaft des Landes ist zuletzt etwas gewachsen. Doch wer genauer hinschaut, sieht: Der Eurostaat hat nach wie vor mit massiven Finanzproblemen zu kämpfen - und die Schulden des Landes steigen immer weiter.
Italy  sovereign  debt  crisis  recession  GFC  bank  crisis  banking  crisis  2016  recovery  liberal  economic  reform  bail-in  bank  bailout  banking  union  EuropeanSystemicRiskBoard  ECB  PIGS 
january 2016 by asterisk2a
Lesbos: Flüchtlingslager überfordert -Video - SPIEGEL ONLINE
Die Camps auf der griechischen Insel Lesbos sind überfüllt, die hygienischen Zustände unhaltbar. Der Bürgermeister der Inselhauptstadt fühlt sich von der internationalen Gemeinschaft im Stich gelassen. // increase of 80% compared to last year. // Migrants Flood Greek Island of Lesbos - youtu.be/kDqhptRULFw // &! Kos Becoming Main Migrant Entry Point To Europe - youtu.be/oZDBBq0FABI
Greece  refugee  war  refugee  political  refugee  economic  refugee  Asylum  Asylbewerber  Italy  European  Union  solidarity  society  Gesellschaft  Syrien  Syria  Europe  immigrants  immigration  adoptarefugee.org 
july 2015 by asterisk2a
Apulia, Italy - YouTube
Apulia, Italy >> Italians own nation holiday destination // http://www.italyheaven.co.uk/puglia/ "Puglia, also known as Apulia, is in the south of Italy; the heel of Italy's boot. The region is not one of Italy's traditional tourist destinations, but it is becoming increasingly popular as travellers discover the area's varied charms: baroque towns, white-washed trullo houses, olive groves and orchards, blue sea and beaches, plenty of sunshine and excellent cuisine."
Italy  Vacation  travel  advice 
july 2015 by asterisk2a
Wolfgang Münchau - SPIEGEL ONLINE
Der Austritt Griechenlands aus dem Euro dürfte einen noch größeren Finanzschock auslösen als die Pleite von Lehman Brothers. Und indirekt könnte der Grexit sogar Moskau zu einem Vetorecht im EU-Rat verhelfen. [...] So wie Varoufakis die Troika abgeschafft hat, unterzog der italienische Ministerpräsident Matteo Renzi zuvor den Fiskalpakt einem Fenstersturz. Deutschland hatte ja selbst die alten Stabilitätspakte ausgehebelt, als man nationale Interessen durchsetzen wollte. [...] Die direkten Ausfallrisiken sind in der Tat nicht mehr so groß. Das von Gabriel und seinen Beratern unterschätzte Problem sind die durch einen griechischen Austritt erzeugten Dominoeffekte, auch die sicherheitspolitischen. [...] Deutschland ist mit seinem Beharren auf der Sparpolitik inzwischen international isoliert.
Grexit  2015  Troika  Fiscal  Pact  PIGS  Italy  European  Union  sovereignty  financial  market  Angela  Merkel  Career  Politicians  IMF  austerity  Wolfgang  Schäuble  Germany 
february 2015 by asterisk2a
Machtproben im Vatikan: Franziskus' Kampf um Reformen geht in die heikle Phase - YouTube
Im Ringen um Reformen in der katholischen Kirche haben sich Tonfall und Gangart im Vatikan verschärft. In der Kurie und bei brennenden Fragen zu Ehe, Familie und Sexualmoral fehlen dem Papst eindeutige Mehrheiten. Gegner wittern Morgenluft.
Pope  Francis  Vatican  Religion  21stcentury  sex  ed  sex  education  gay  marriage  same-sex  marriage  CDU  CSU  Germany  Homo-Ehe  gay  rights  Pedophilia  Mafia  Rome  Italy  UK  USA 
december 2014 by asterisk2a
Puglia (Apulia) Tourist Information | Italy Heaven
via http://www.bbc.co.uk/iplayer/episode/b007wkf3/rick-steins-mediterranean-escapes-episode-3 - Rick Stein's Mediterranean Escapes - Episode 3 // Puglia and sourroundings is less typically "touristy" !?
travel  advice  Italy  vacation 
october 2014 by asterisk2a
BBC News - ECB cuts rates and launches stimulus programme
1-Day Before: http://youtu.be/_6D_xVeoIXs "ECB faces crunch on deflation threat" +++ The ECB has cut its benchmark interest rate to 0.05%, and introduced new stimulus measures. The ECB had earlier cut its rate from 0.25% to 0.15% in June, and also became the first major central bank to introduce negative interest rates. It will also launch an asset purchase programme, which will buy debt products from banks. It is hoped this move will add liquidity to the financial system and revive lending. [...] "[A] last roll of the dice". "The ECB has now almost exhausted its ammunition for preventing the Eurozone sliding into a devastating deflationary, contractionary spiral," +++ Analysis: http://youtu.be/IErml4SmKmE "European banks – Work those ABS" +++ bit.ly/1A6pmLU - France and Friends: Merkel Increasingly Isolated on Austerity "Europe ... is threatened with lasting weak growth should the deficit rules continue to be strictly interpreted. [ BuBa demands higher wages, ECB fiscal stimulus ]."
ABS  OMT  LTRO  ECB  monetary  transmission  mechanism  monetary  policy  unconventional  monetary  policy  austerity  PIGS  faultlines  Structural  Impediments  IMF  Germany  BuBa  deflation  deflationary  communication  zombie  banks  confidence  trustagent  trust  balance  sheet  recession  fiscal  policy  QE  bond  bubble  deleveraging  lost  decade  lost  generation  SME  SMB  Mittelstand  creditcrunch  creditcrisis  economic  history  debtoverhang  NPL  EuropeanSystemicRiskBoard  riskaversion  ZIRP  NIRP  negative  real  interest  rate  secular  stagnation  Makers  policy  error  policy  folly  Career  Politicians  inflation  expectation  stagnation  Betongold  Beton  Gold  hunt  for  yield  unintended  consequences  complexity  incomplete  information  France  liberal  economic  reform  Stability  Pact  Italy  academics  academia  deficit  budget  deficit  fiscal  deficit  wage  growth  wage  inflation  fiscal  stimulus  Wolfgang  Schäuble  Angela  Merkel  Sick  Man  of  Europe  infrastructure  investment  investment  business  investment  labor  market  reform  recovery 
september 2014 by asterisk2a
BBC Sport - World Cup 2014: Brazil cracked up, says Germany's Joachim Low
w/o Thiago Silva, Luiz was incapable 2 pickup Leadership role, commanding, directing, organising the game. It wasnt just Neymar missing. It was a team w/o leadership. Youve got 11 world players on both sides. But a team w/o a leader, vision, direction, playbook is a incomplete team. A house of cards that was the Brazilian Team, (many around 1-2 key players - philosophy) fell apart. http://bbc.in/1mHpAHB + http://bbc.in/U39yeN "Scolari bounded off the team coach wearing a white "Forca Neymar" baseball cap while captain David Luiz and goalkeeper Julio Cesar held up his number 10 shirt during the national anthem. Fine sentiments perhaps, but also a sign of overwrought emotions, of the pressure of playing without their superstar and the doubts that exposed. The constant hugging and team bonding smacked more of insecurity and posturing. Germany in contrast were cold, clinical, magnificent." http://bbc.in/1znN7l3 http://bit.ly/1oix4ML + "the trophy doesnt say great team, it says 'winners.'"
leadership  Passion  elite  sports  elite  athlete  Soccer  Brazil  Argentina  Germany  Scolari  vision  capital  skills  practical  skills  practical  skill  set  communication  team  management  management  weakness  weakest  link  people  management  execution  discipline  playbook  Personal  game  plan  accountability  responsibility  Luiz  Felipe  Scolari  pressure  peer  pressure  expectations  courage  sport  psychology  psychology  performance  performance  anxiety  Competition  competitive  gaming  competitive  competitive  advantage  competitiveness  comparative  advantage  self-belief  self-awareness  Soccer  World  Cup  philosophy  Italy 
july 2014 by asterisk2a
Wolfgang Münchau: Die Gefahren des Jahres 2014 - SPIEGEL ONLINE
Beide Seiten haben Grund zu Pessimismus. Die strukturkonservative Bundeskanzlerin sieht mit Schrecken, dass Frankreich, Spanien und Italien keineswegs geneigt sind, deutsch zu werden. Euro-föderale Kritiker wie ich sind darüber enttäuscht, dass es weder eine Fiskalunion noch eine echte Bankenunion geben wird. Für uns ist das, was letzte Woche beschlossen wurde, keine Bankenunion, sondern nur ein schlechter Witz. Jedes Land bleibt für seinen eigenen Bankensektor verantwortlich. Das vorrangige ökonomische Ziel, die Risiken von Banken und Staaten zu trennen, ist dahin. Stattdessen ist die Bankenunion nur noch ein komplizierter administrativer Prozess.
Europe  europeanunion  banking  union  banking  crisis  bank  crisis  sovereign  debt  crisis  fiscal  sovereignty  austerity  2013  2014  France  Spain  Italy  liberal  economic  reform  greatrecession  greatdepression  lostdecade  lostgeneration  Japan  economic  history  history  Angela  Merkel  political  folly  political  error  FrancoisHollande  policy  error  policy  folly  ECB  creditcrisis  creditcrunch  M3  monetary  transmission  mechanism  monetary  policy  fiscal  policy  Richardkoo  reflation  deflationary  deflation  inflation  ZIRP  QE  LTRO  unintended  consequences  NIRP  negative  real  interest  rate  unconventional  monetary  policy 
december 2013 by asterisk2a
Rassistische Beleidigungen gegen Yaya Touré im Spiel gegen ZSKA Moskau -Video - SPIEGEL ONLINE
>> UEFA / FIFA muss Italien und Russland in die zange nehemen. Keine Zuschauer mehr bei Spielen. + http://www.theguardian.com/football/2013/oct/24/yaya-toure-boycott-world-cup-russia >> No Charta, No Campaign changes people. Action and people itself change people. Positive peer pressure. And soccer is an Olympic sport. so it is a thing that the I.O.C. doesn't pressure FIFA ...
FIFA  Politics  racial  discrimination  hypocrisy  I.O.C.  hate  speech  Soccer  UEFA  Russia  racism  Italy  hate  crime 
october 2013 by asterisk2a
Italien und der Umgang mit Doping-Sündern - sportschau.de
- Sachschaden feststellen und zivil wegen Betrug und Sachschaden verklagen. + http://www.sportschau.de/doping/audiowarumgibteskeinantidopinggesetz100.html NADA muss unabhaengig werden und mehr geld bekommen - von Internationaler Stakeholder Gesellschaft (Sponsoren, Verbaende (die TV rechte verkaufen), Laender). NADA hat conflict of interest - Deutscher Staat der finanziert und aber auch resultate will. Kein Verfolgungsinteresse nach Hinweisen/Tipps und auch gestandenen. + http://www.sportschau.de/fussball/audioschaenzerueberdopingimfussball100.html + http://www.sportschau.de/doping/audiovesperdopinggeneralverdachtnichtzulaessig100.html + http://www.sportschau.de/doping/audioarztberichtetueberdopingpraktiken100.html
Society  NADA  DFB  DLV  FIFA  DOSB  Anti-Doping-Law  cycling  Spain  I.O.C.  Soccer  accountability  Italy  Doping  transparency  Anti-Doping  Riccardo  Riccò  conflict  of  interest  Anti-Doping-Gesetz  UCI  Sport  Germany  WADA  governance 
august 2013 by asterisk2a
La Biennale di Venezia - Home
International Art Exhibition is open to the public from 1 June to 24 November -- contemporary art expo
holiday  Art  vacation  Venice  citybreak  Italy 
august 2013 by asterisk2a
Italien: Präsidentenwahl als Lachnummer - SPIEGEL ONLINE
Die Wirtschaft des Landes leidet. Tausende von Unternehmen schlittern in den Konkurs, auch weil der Staat lange ausstehende Rechnungen von mehr als 80 Milliarden Euro einfach nicht bezahlt. Die Arbeitslosigkeit wächst dramatisch, besonders unter jungen Italienern. Die Regierung Monti hat die Staatsausgaben nicht im Griff, der Schuldenberg wächst weiter.
trustagent  2013  Politics  trust  political  folly  confidence  Italy 
april 2013 by asterisk2a
17 Signs Of A Full-Blown Economic Depression Raging In Southern Europe | Zero Hedge
The percentage of bad loans in Italian banks has risen to 12.2 percent.  Back in 2007, that number was sitting at just 4.5 percent. Data from Italy's national statistics institute ISTAT showed that the country's economy shrank by 0.9pc in the fourth quarter of last year and gross domestic product was down a revised 2.8pc year-on-year. The Italian economy is in the midst of a horrifying "credit crunch" that is causing thousands of companies to go bankrupt. "The sustainability of Italian public finances is in jeopardy. The euro crisis will therefore return shortly with a vengeance."
Portugal  unemployment  2013  Greece  Spain  NPL  Europe  creditcrunch  zombie  banks  Italy  sovereign  debt  crisis  austerity  PIIGS  greatdepression  banking  crisis  zombie  consumer  bank  crisis  greatrecession 
march 2013 by asterisk2a
Anklage im Ruby-Prozess: "Systematische Prostitution" bei Berlusconi - SPIEGEL ONLINE
Was geschah auf den Privatpartys in Silvio Berlusconis Villa? Für die Anklage im "Ruby"-Prozess ist es klar: Um Italiens Ex-Premier gab es ein "System umfassender Prostitution" - den jungen Frauen seien neben Geld berufliche Perspektiven versprochen worden. --- http://www.telegraph.co.uk/news/worldnews/europe/france/9885848/Dominique-Strauss-Kahn-my-affair-with-the-king-of-pigs-by-Marcela-Iacub.html - Dominique Strauss-Kahn would have turned the Elysée Palace into a “swingers’ club” if he had become president, according to an Argentine lawyer who had an affair with the former IMF chief after he faced rape charges. - http://www.telegraph.co.uk/finance/dominique-strauss-kahn/
Dominique  Strauss-Kahn  Politics  ethics  corruption  DSK  berlusconi  morality  Italy 
march 2013 by asterisk2a
A Century Of French And Italian Economic Decline | Zero Hedge
Italy overtook Japan with the worst real GDP growth of all advanced economies since 1991. [...] France has the most most worker-friendly environment of 40 countries analyzed. [...] All things considered, from an investment standpoint, caution continues to be warranted. [...] As shown, problems in Europe appear to be taking their toll on EU corporate profitability.
debtoverhang  2013  lostgeneration  economic  history  Europe  Italy  sovereign  debt  crisis  France  PIIGS  greatdepression  GDP  deleveraging  Austerity  inflation  lostdecade  Japan  greatrecession  balance  sheet  recession 
february 2013 by asterisk2a
A Showdown In Italy Over A Polluting Steel Plant : NPR
A court in Italy has ordered a partial shutdown of the largest steel plant in Europe because of the carcinogens it spews into the air. The government has rejected the court's ruling, saying the Italian economy needs the jobs.

[...]

Short-Term National Economic Policy over Long-Term Public Health Concerns. PS: Public Health is actually of importance for Economic performance ... long-term (ie sick days, quality of life, productivity, ...). People (Politicians) again don't see the whole picture.

... cue CHINA.
greatrecession  Italy  China  Economic  Policy  policy-makers  error  folly  economics  economic-thought  philosophy  public  health  public  health 
december 2012 by asterisk2a
France and the euro: The time-bomb at the heart of Europe | The Economist
THE threat of the euro’s collapse has abated for the moment, but putting the single currency right will involve years of pain. The pressure for reform and budget cuts is fiercest in Greece, Portugal, Spain and Italy, which all saw mass strikes and clashes with police this week (see article). But ahead looms a bigger problem that could dwarf any of these: France.

[Its] economy looks increasingly vulnerable as well.

http://www.economist.com/news/special-report/21566233-france-slowly-heading-towards-crisis-says-john-peet-can-country-be-reformed

As our special report in this issue explains, France still has many strengths, but its weaknesses have been laid bare by the euro crisis. For years it has been losing competitiveness to Germany and the trend has accelerated as the Germans have cut costs and pushed through big reforms. Without the option of currency devaluation, France has resorted to public spending and debt.

[...] [Yet,] Mr Hollande still seems half-hearted.
IMF  Spain  economic  history  economics  Italy  unemployment  FrancoisHollande  Politics  liberal  economic  reform  GFC  competitiveness  greatrecession  Euro  Europe  austerity  sovereign  debt  crisis  PIIGSFB  PIIGS 
november 2012 by asterisk2a
The Owl Of Minerva | A Fistful Of Euros
In the August edition of their monthly bulletin the ECB finally let out that dirty little secret than every insider in the know has already discounted. The Bank have finally accepted that the much heralded Spanish labour reform isn’t going to work. At least not as planned. As the Financial Times put it, the Spanish labour market reform approved in February was “far-reaching and comprehensive” but came too late, the ECB implied, saying it “could have proved very beneficial” in avoiding job cuts if the measure had been passed some years ago.

But once we recognise this point, isn’t that rather leaving the Spanish economy adrift in stormy seas without a rudder? Simply cutting the deficit back and cleaning up bank balance sheets won’t get the economy back to growth.

Indeed this habit of continually getting behind the curve, and trying vainly now that the economy is spiralling almost out of control to introduce measures which should have been brought in a decade ago extends well ...
ECB  2012  property  bubble  GFC  greatrecession  Italy  PIIGS  sovereign  debt  crisis  austerity  liberal  economic  reform  Spain 
august 2012 by asterisk2a
Spain and the markets: The Spanish patient | The Economist
A full bail-out of the euro area’s fourth-largest economy is looming

The Spanish government must borrow €385 billion until the end of 2014 to cover its budget deficit and other needs such as bond redemptions, according to economists at Credit Suisse. Even if the IMF chips in a third as in previous bail-outs, European lenders would have to find €250 billion or so. They have already committed €100 billion to rescuing Spanish banks, so for other emergencies they would have only €150 billion of the €500 billion now in their rescue kitties.

The plight of Spain and the danger of its sickness spreading to Italy call for a decisive countermove by Germany and the ECB. One being discussed would be to give the ESM a banking licence, which would magnify its resources by allowing it to borrow from the central bank. The graver the euro crisis gets, the bigger the response has to be—and the harder it is to sell to sceptical northern electorates.
uncertainty  Politics  trustagent  confidence  trust  policy  folly  policy  error  ECB  Italy  EFSF  ESM  sovereign  debt  crisis  PIIGS  austerity  greatrecession  2012  Spain  bailout 
august 2012 by asterisk2a
"Did Somebody Repeal The Laws Of Mathematics?" | ZeroHedge
Back then (2010), the general opinion was that if the contagion spread to Spain the game was over because there wasn’t enough money with which to bail out an economy the size of The Kingdom of Spain. I’m not sure exactly what happened— maybe I wasn’t paying attention—but suddenly, almost two years on and in an environment where even the rich nations of Europe are seeing an undeniable slide towards recession, there is no talk about Spain being ‘too-big-to-bail’ anymore.

-

Looking at it all :: the market (Spanish gov showed them some slides ...) assumes that Spain will get out of recession by 2013 with pa growth of 1.6% as internal demand will rise again.

*make one speechless*
Germany  bipolar  disorder  Stockholm  Syndrome  ESM  SMP  EFSF  Italy  toobigtofail  policy  folly  policy  error  contagion  2010  austerity  greatrecession  2012  PIIGS  Spain  MarioDraghi  ECB  centralbanks  unintended  consequences  politics  Europe  sovereign  debt  crisis 
august 2012 by asterisk2a
Wie Monti sich beim Euro-Gipfel gegen Merkel durchsetzte - SPIEGEL ONLINE
Nach EU Summit ...

Mit aller Härte und allen Finessen spielte Italiens Regierungschef Monti beim Euro-Poker in Brüssel. Der gewiefte Taktiker und EU-Profi brauchte den Sieg über Kanzlerin Merkel. Sonst wäre es der Anfang von seinem Ende in Rom gewesen.

Italiens Regierungschef hatte gegen den Widerstand der gut situierten Nordländer, angeführt von Deutschlands Kanzlerin Angela Merkel, neue Instrumente gegen die Euro-Krise durchgesetzt. Sie erlauben künftig finanzielle Hilfe aus dem EU-Rettungsfonds, ohne dass die Empfänger sich dafür massive Sparauflagen aufbürden lassen müssen.

Kühles Kalkül mit dem Horror

Gemeinsam tüftelten sie auch eine kleine Erpressung aus. Weder das milliardenschwere Konjunktur- und Wachstumsprogramm, noch die Einführung einer Finanzmarkt-Steuer werde es auf dem Gipfel geben, wenn Merkel nicht bei der Entlastung der spanischen Banken und der Begrenzung italienischer Schuldzinsen mitspiele. Dann scheitere der Gipfel eben total. Mit allen Konsequenzen. ...
EMU  Germany  PIIGS  angelamerkel  ESM  2012  sovereign  debt  crisis  compromise  diplomacy  Spain  Italy  Europe  politics  mariomonti 
june 2012 by asterisk2a
Kommentar zu Merkels Rolle auf dem EU-Gipfel - SPIEGEL ONLINE
Nach EU Summit

Der Rettungsschirm ESM soll künftig auch direkt Banken unterstützen können - das könnte vor allem Spanien helfen, denn so werden die ESM-Hilfen nicht mehr auf die spanische Schuldenlast angerechnet. Und Staaten sollen nun Geld aus dem Rettungsschirm erhalten können, ohne im Gegenzug ein strenges Überwachungsprogramm zu akzeptieren - das hilft vor allem Italien. Das hochverschuldete Land hat nun zumindest die theoretische Option, ESM-Geld zu beantragen, ohne sich dem Troika-Kuratel zu unterwerfen.

Doch direktes Geld an die Banken soll auch erst dann fließen, wenn eine wirksame Europäische Bankenaufsicht installiert ist. Das wird dauern.

Es war wichtig, Monti in Brüssel öffentlichkeitswirksam einen Punkt landen zu lassen.
EFSF  compromise  democracy  FrancoisHollande  Germany  angelamerkel  diplomacy  political  economy  political  ec  MarianoRajoy  Spain  Italy  mariomonti  Politics  Europe  Fiscal  Pact  ECB  ESM  2012  sovereign  debt  crisis  banking  crisis  PIIGS 
june 2012 by asterisk2a
The euro zone crisis: Old maid | The Economist
There is no "solution" to the debt crisis that is pain-free; we are merely arguing about how the pain is distributed.
davidcameron  GeorgeOsborne  barackobama  FrancoisHollande  sarkozy  angelamerkel  politics  Grexit  Spain  Italy  Greece  France  Germany  PIIGS  UK  USA  Europe  sovereign  debt  crisis 
june 2012 by asterisk2a
portofino italy - Google Search
some days in portofino and around, enjoy culture, food, scenery, ...
might be more expensive, but worth it.
vacation  holidays  holiday  travel  Italy 
may 2012 by asterisk2a
Hunt for Skilled Labor: Germany Woos Portugal's Lost Generation - SPIEGEL ONLINE - News - International
The crisis-hit nations of southern Europe have one booming industry left -- their skilled workers are in high demand in Germany, which has a chronic shortage of qualified labor. German employers in search of nurses and engineers have launched a recruitment drive in Portugal, where over a third of young people are unemployed.
greatrecession  youth  unemployment  Italy  Greece  2012  unemployment  sovereign  debt  crisis  PIIGS  Spain  Portugal 
march 2012 by asterisk2a
Tivoli, Italy - Google Search
Rome (Roma) is the heart of Italy ... and Naples is its soul.

The biggest water garden in Europe is in the city of Tivoli.

Further destinations to travel - The Royal Palace in Caserta.

Solfatara (Vulcano)
Naples ..
idea  inspiration  vacation  holiday  travel  Italy 
march 2012 by asterisk2a
Italy Said to Pay Morgan Stanley $3.4 Billion - Bloomberg
... politicians shouldn't do such contracts. Bc politicians, treasures are not in the end accountable.
... and obviously the deal was not transparent
... these deals were not very democratic

... further several municipalities in France and Italy as well as Germany have entered various derivatives contracts to reduce debt burden - with horrible outcomes as the GFC and Great Recession and EU debt crisis unfolded.
2012  sovereign  debt  crisis  politics  governance  transparency  accountability  derivatives  morganstanley  Italy 
march 2012 by asterisk2a
Hundert Tage Monti-Regierung: Warum in Rom klappt, was in Athen scheitert - SPIEGEL ONLINE - Nachrichten - Politik
Wie schnell kann eine Regierung ein Land verändern? Nach drei Monaten hat Ministerpräsident Monti Italien vom Sorgenkind zum Hoffnungsträger gewandelt. Von seinem Technokraten-Kabinett könnten sich die Griechen einiges abschauen. Doch die schwersten Prüfungen stehen Monti noch bevor. > Die Wirtschaft wieder in schwung zu bekommen bis neuwahlen 2013.

Technokraten machen Italiens Politik wieder berechenbar. Denn sie setzen um was gesprochen wird.
berlusconi  2012  Italy  mariomonti  austerity  liberal  economic  reform 
february 2012 by asterisk2a
The euro crisis: Austerity is a pain. So is tight money | The Economist
What about, say, Greece? After all, it doesn’t have a central bank with independent powers to set monetary policy according to its needs. Recent research suggests that government spending has a large effect on the economy in exactly these circumstances, in which monetary policy is not set at the national level but by a supranational or external authority. Austerity will therefore hurt these countries: at current levels of prices and wages, aggregate demand in Greece is insufficient, and fiscal austerity eats further away at it in the absence of a central bank to pick up the slack.

Research suggests that austerity, besides its harmful effects in a currency union, is politically very costly. the emphasis should be on growth-promoting reforms, not austerity, when there are political limits.

Extent of Internal Devaluation to regain competitiveness - limited.

the ECB has to aggressively stabilise aggregate demand in the euro zone as a whole.
europeanunion  2012  Euro  aggregate  demand  devaluation  Italy  Portugal  PIIGS  competitiveness  debtoverhang  crisis  debt  sovereign  economics  politics  ECB  BOE  policy  fiscal  monetary  austerity  Europe  Greece 
january 2012 by asterisk2a
Italy Can Endure Rise in Borrowing Costs: BIS - Bloomberg
Italy will be able to withstand an increase in borrowing costs for at least for a few years as its relatively long debt maturity helps mitigate the effects of record bond yields, the Bank for International Settlements said.

“Simple simulations of the debt-service costs of the Italian Treasury in different yield-curve scenarios suggests that Italy should be able to withstand elevated yields for some time, provided it retains access to the market,” the BIS said in its Quarterly Report published yesterday. “Given the relatively high average residual maturity of the Italian public debt, it would take a long time” for these yields to translate into “significant additional debt service costs.”
2011  italy  sovereign  debt  crisis  economics  econometrics 
december 2011 by asterisk2a
The Italian Exodus - Adriano Farano - Project Syndicate
We leave because Italy is a stagnant country, especially for its youth. According to OECD data, 90% of Italians under 24 live at home with their parents, while 28% of young people are unemployed – well above the average of 17% in other developed countries.

The reasons for high youth unemployment are well known. According to a study by the Italian Chambers of Commerce, half of working Italians got their jobs thanks to family or social connections. Certainly, introductions are important everywhere in finding a job, but in the US or the UK, for example, networking circles are comparatively open, and merit is still the main reason for recruiting or working with someone.

The World Bank ranks my country 87th in the world for ease of doing business, far behind the US (fourth), France (29th) and even Botswana (54th). This reflects a Kafka-esque bureaucracy, a high level of organized crime and corruption, and Italy’s generally conservative business culture.
Italy  competitiveness  comparative-advantage  youth  unemployment.  economy  economics  competition  2011 
november 2011 by asterisk2a
Italy - Frustrated Entrepreneurs | Made in Germany - YouTube
The eurozone crisis shows no sign of ending. While Italy's interest rates for government bonds are rising, and prime minister Silvio Berlusconi has announced he'll step down, the country's entrepreneurs are frustrated. They feel betrayed by Italy's politicians, and they've started to protest.We meet business owner Enrico Frare, who has started a provocative newspaper ad campaign in which he is posing nude. His message is that Italy's entrepreneurs are in danger of losing the shirts off their backs -- and he's blaming what he says is Berlusconi's lack of any economic policy.
Italy  lostdecade  entrepeneurship  creditcrunch  2011  economy  sovereign  debt  crisis  entrepreneur  SME 
november 2011 by asterisk2a
Italy Obsessed by ‘Lo Spread’ as Yields Surge - Bloomberg
Spread Watching
In downtown Milan, adjacent to the city’s landmark Il Duomo cathedral, a group of Italians gather frequently to gaze at market prices on a giant TV screen displaying Bloomberg data.
“What’s the spread? It’s the difference that a country pays on interest rates compared with another,” said a 76-year- old retiree who would only identify himself as Peppino. “How can we pay 6 percent interest rates in Italy and Germany 2 percent?” Peppino said. “It shows that Italy is sick. When a country is strong, the spread falls.”
Italy  society  finance  sovereign  debt  crisis  2011  media 
november 2011 by asterisk2a
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