we have lost count of the number of times mr draghi has been under pressure to act having already done the rig
"we have lost count of the number of times Mr Draghi has been under pressure to act, having already done the right thing.” Powerful piece by @fwred on the dilemmas facing the ECB in a world in which Eurozone economic policy is paralyzed.
motor valley is now sold as a emilia romagna thing centered on bologna modena etc i get the marketing logic bu
“Motor Valley” is now sold as a Emilia Romagna “thing" centered on Bologna, Modena etc. I get the marketing logic. But surely this was once the outlier of a much bigger axis that ran through Turin(Fiat, Lancia)-Milan(Alfa). Has anyone written its history?
does anyone know of a good business history of ferrari or even better a history of motor valley in emilia roma
Does anyone know of a good business history of Ferrari or even better a history of “Motor valley” in Emilia Romagna, Italy? Best thing I could find was this by Christiane Oppermann. Not bad but I wanted more.
people leave honduras guatamala el salvador because of violence and lack of economic opportunity us funding he
“People leave Honduras, Guatamala, El Salvador because of violence and lack of economic opportunity; US funding helps counter those dynamics.” But Trump admin stops $550m as sanction for failing to stop migrant flows.
any day youre not selling youre buying sam zell property tycoon is this the you gotta dance til the music stop
“Any day you’re not selling, you’re buying,” Sam Zell property tycoon. Is this the “you gotta dance til the music stops”-quote of the next big real estate recession? This time global? Interesting long read by @JudithREvans
on 20 august 1859 the revolutionaries again invaded this time the piedmontese annexing modena into the revolut
"on 20 August 1859, the revolutionaries again invaded (this time the Piedmontese), annexing Modena into the revolutionary Savoyard nation of Italy” - you have got to love the battles still being fought on the wikipedia pages of Italian duchies!
weve certainly abandoned the small open economy mindset weve also learned the hard way that economic and monet
“We’ve certainly abandoned the small, open economy mindset. We’ve also learned the hard way that economic and monetary union, as a construct, was much more fragile than initially thought.” Cœuré ECB quoting the script provided by @martinwolf_ last week!
it hasnt been possible to decarbonise the power sector quickly enough gt mounting pressure of extreme weather
“It hasn’t been possible to decarbonise the power sector quickly enough” -> mounting pressure of extreme weather feeds back via demand for cooling into rising CO2 emissions. NIghtmare scenario of latest @BP_plc statistical energy review.
arguably the most dramatic graphs in all of economic history surge in global steel production from 400m tons i
Arguably THE most dramatic graphs in all of economic history: surge in global steel production from 400m tons in 2000 to 1150m tons today, driven by 4* multiplication of China’s output. There is literally nothing in historical record to compare to this.