economiccrisis
Italy is preparing to negotiate with the European Union the terms of its fiscal adjustment path, under which it has been trying to bring down its large budget deficit. According to Italy’s statistics office, the country has emerged as one of the strongest performers among large European countries over the past four years. Italy's growth is expected to be around 1 per cent in 2024 – a much stronger number than that projected for the European Union as a whole. Business owners will meet election candidates ahead of the EU elections to discuss a document released by Italy’s leading industrial asso...
Euronews (English)
An elderly man who had been living in Bologna airport for nine months has been given a new home. Known only as Arnaldo, the 83-year-old started living in the airport when he was no longer able to afford rent. Staff Marconi airport, Italy's seventh largest, had become like a family to him, giving him a sleeping bag, coffee and meals. An airport newsstand also granted him a newspaper to read every day. Arnaldo may remind you of Tom Hanks' character in the film 'The Terminal', but here the pensioner is stuck because of poverty rather than bureaucracy. End of an era for passport stamps? EU border ...
Euronews (English)
The answer is economic indicators. When one thinks of economic indicators, most people jump to common ones such as gross domestic product (GDP), balance of payments, interest or exchange rates. But did you know that, apart from these, there are several little-known ones, which can reveal fascinating things about an economy? While the major indicators above tell us more about a country's macroeconomic situation, the rarer ones below can be more subtle, telling us about consumer trends and sentiment, as well as standards of living. Many of these are thus especially relevant during times of econo...
Euronews (English)
Not all stock gains are real. When price increases push the CAPE value above its fair-value level (17), those price increases are irrational exuberance, not the true and lasting gains that are generated by increases in economic productivity. That’s the point of Shiller’s Nobel-prize-winning research showing that valuations affect long-term returns. Long-term returns are largely predictable because the fair-value CAPE level exerts a magnetic pull on stock prices until they return to fair-value levels. Q2 2022 hedge fund letters, conferences and more That reality exerts a powerful influence on o...
ValueWalk
White House Commitment to Smallest and Minority-Owned Businesses Key to Solving Economic Crisis Q4 2020 hedge fund letters, conferences and more On today’s White House press conference on small business relief, Main Street Alliance Government Affairs Director Didier Trinh had this to say: Small Businesses Happy To See White House's Commitment For Support“Small businesses across the country are glad to see a commitment to prioritizing their needs as we continue through an ongoing pandemic and economic crisis. More outreach and a focus on the accessibility and equitable distribution of COVID rel...
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