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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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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The Conference of Parties

 WHAT IS THE COP21? The Conference of Parties on global climate change in Paris (COP21, which will begin on November 30 until December 11) will be for sure one of the most meaningful events of this period: there are many chances that a legally binding agreement on climate change will be signed. HISTORY The COPs or […]

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ECB’s Bank Lending Survey

“Signs of a sustained turnaround in core inflation have somewhat weakened”. That is what Draghi, the ECB President, told to the European Parliament few days ago. The European Central Bank is ready to boost the recovery of the Eurozone, re-examining all possible measurements and even, if necessary, expanding the QE program. In the last BLS, the bank […]

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