Secular stagnation: The long perspective

OCCASIONALLY the most effective way to tell a narrative is through a graph.  There’s been much discussion in recent months of “secular stagnation” after the former Treasury secretary Larry Summers made a speech to the matter in February. As it is possible to see the issue for the developed world hasn’t appeared immediately. The graph reveals the rolling 10-year growth …

Daily graph: Comparatively successful

The planet ‘s largest family-managed firmsTHE “Lucky Sperm Club”, as Warren Buffett likes to call it, is still going strong at the commanding heights of international company. Family-managed businesses make up 19% of the companies in the Bundle International 500, which monitors the world’s biggest firms by sales. That’s up from 15% in 2005, according to new research by McKinsey, a consulting …

Monte dei Paschi di Siena: The Sienese head ache

UK Only Post:  Regular post Fly Name:  Monte dei Paschi di Siena Rubric:  #039;s earliest bank & the world has set itself up for sale Byline:  A.F. Place:  MILAN Principal picture:  20141108_wbp504.jpg MONTE DEI PASCHI DI SIENA (MPS), the world’s earliest bank, was set up by Siena’s city state in 1472 to offer low-cost loans to the inferior. Yet regardless …

Britain: Italian lessons

UK Only Post:  Regular post Fly Name:  Britain Rubric:  A little friendly guidance for 2015 Byline:  Beppe Severgnini MILAN For Britain, 2015 will be a 12-month-long session in the psychoanalyst’s couch. Likely heading to another on Europe, by way of the May general election and coming from one referendum in Scotland, the state will spend the year trying to work …

Europe: Italy exposed

UK Only Post:  Regular post Fly Name:  Europe Rubric:  The country’s problems, and its delights, will be on display Byline:  Alexandra Fattal Principal picture:  20151101_eud001.jpg The World Expo–which traces its history back to the Great Exhibition of 1851 in London and takes place every five years –comes in 2015 to Milan. Despite concerns and corruption scandals that a few of …

Disaster? What disaster?

UK Only Post:  Typical post Rubric:  Three areas for potential panic Byline:  Ryan Avent Principal picture:  20151101_fnd002.jpg The low market volatility in 2014 may have been the calm before the storm. In 2015 the Federal Reserve, China and (yet again) the euro zone are three possible sources of fiscal tempests. The only expectation of a decrease in Fed advantage purchases …

Europe: The plan for Italy

UK Only Post:  Regular post Fly Name:  Europe Rubric:  Matteo Renzi, prime minister of Italy, describes how he intends to get his state developing again Byline:  Matteo Renzi Principal picture:  20151101_eup005_168.jpg Europe in 2015 is a continent that’s yet to emerge from the economic crisis, in a world suffering from terrorism that is new and on-going struggles. But rather than …

The quake: in L’Aquila The laws and physics

UK Only Post:  Regular post Problem:  Bridge over troubled water Fly Title:  The quake in L’Aquila Rubric:  Six of seven scientists convicted for quake guidance have been cleared Place:  L’Aquila Principal picture:  Seismology becomes a political football IN many’s eyes, a verdict this week handed out by an appeals court in the Italian city of L’Aquila signifies a return to …

Italy’s government: Frenzied Renzi

UK Only Post:  Regular post Problem:  Bridge over troubled water Fly Name:  The government in Italy Rubric:  Italy substitutions from economical reform back to politics as usual Place:  ROME Principal picture:  Renzi keeps the ball rolling IT WAS pleasant while it continued. After Italy fell back into still another downturn for several weeks, politicians concentrated in the market. Matteo Renzi’s …

Italy's regional elections: Move around, Silvio

UK Only Post:  Regular post Fly Name:  Italy's regional elections Rubric:  Italy's right could have a fresh leader in the Northern League's Matteo Salvini Place:  ROME “I can not believe it.” That, as stated by the paper Corriere Della Serra, was Matteo Salvini (imagined), the right wing Northern League party’s leader, reacted in a regional election in the north central …