What future for ILVA?

  Ilva, the third-largest steel producer in the EU, is a 100 year-old Italian industrial concern whose post-war history has been marked by cycles of expansions, near-bankruptcy,  public ownership, privatisation and, recently, near-collapse.   A  year ago, the Italian government took the control of the Ilva plant in Taranto after a court sequestered  sections of it […]

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TurmOil

GLOBAL OVERVIEW The beginning of the new year has came with alarms in many areas, from the pure financial sector to the commodity sector, to the geopolitical tangle in Middle East. Among those, there is also a terrible performance of the oil price. Since mid-2014, price per barrel of oil began to decline from an […]

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Impending changes in the UK telecom market

  With the recent approval by the Competition and Markets Authority (CMA) of BT’s takeover of EE and the ongoing attempt by Three to takeover its competitor O2, the UK telecom landscape is about to change. Before getting into details, let’s take a step back and take a broader look at the global scenario. Mergers […]

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The Italian Bail-In: the making of a banking crisis

Warren Buffet once said “You never know who’s swimming naked until the tide goes out”. The dry humour quip applies very well to the personal finances of Italians that have just realized they have been dipping naked. After all, the “financial literacy rate” in our country is one of the lowest in Europe: as a […]

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