Silver as an investment

Category Archives: Star Movement

Italy Openly Discusses Euro Exit In Parliament: Debt Restructuring Or “Italeave” On The Way?

Authored by Mike Shedlock via MishTalk.com, In Europe, where it is essentially taboo to publicly discuss anything deemed politically incorrect, some interesting conversations are taking place in the Italian parliament regarding the future of Italy in the eurozone.  Via email, Eurointelligence asks Is Italy heading for debt restructuring or euro exit? We are reporting from […]

Italy’s 5-Star Party Demands Immediate Elections

Not everyone is satisfied with today’s news that Italy’s early elections will likely be pushed back. Italy’s anti-establishment 5-Star Movement called on Thursday for immediate national elections after the previously reported deal on electoral reform – which would have resulted in the next Italian elections taking place in September, at the same time as Germany’s […]

Greek, Italian Risks Weigh On European, Global Markets; Oil, Gold Slide

Tuesday’s session started off on the back foot, with the Euro first sliding on Draghi’s dovish comments before Europarliament on Monday where he signaled no imminent change to ECB’s forward guidance coupled with a Bild report late on Monday according to which Greece was prepared to forego its next debt payment if not relief is […]

Why “Disgusting” Rome Sends Trains Filled With Trash To Austria

Authored by Bethany Bell Rome has been struggling to cope with a rubbish crisis and Austria has spare capacity at a waste-to-energy plant near Vienna. So a deal has been struck. The Italians are paying Austrian company EVN to dispose of up to 70,000 tonnes of Roman household refuse this year. The waste is transported […]

Hedge Fund CIO: “The Market Doesn’t Care About Health Care. Poor People Care About Health Care”

From Eric Peters, CIO of One River Asset Management, here is a topical anecdote, as well as a review of the key events in the past week. Weekend Notes “Where’s the beef?” bellowed Biggie Too. “Health care, regulation reform, tax cuts – where’s it at?” continued the Chief Global Strategist for one of those too […]

Italy Falls Out Of Love With The Euro: Beppe Grillo Resurgent In The Polls

Authored by Mike Shedlock via MishTalk.com, Recent polls for Italian politicians supporting the eurozone and EU have collapsed. Pro-Europe polls are highly likely to get worse as a  further splintering of Matteo Renzi’s PD party takes place. It is not out of question for Beppe Grillo’s eurosceptic Five Star Movement (M5S) party to achieve an […]

How Many Euro Crises Will This Make? It’s Getting Hard To Keep Track

Submitted by John Rubino via DollarCollapse.com, Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. This leads to speculation about the end of the common currency, which in turn spooks the global financial markets. Then the ECB conjures another trillion euros out of thin air, […]

New Political Turmoil In Italy After Renzi Quits As Ruling Party Leader, Triggering Re-election Battle

Two months after an unexpected, landslide loss in the December 4 constitutional referendum which cost him his job as Italy’s prime minister, on Sunday Matteo Renzi quit as leader of Italy’s ruling party, in the process triggering a re-election fight against minority dissidents that threatens the stability of the center-left government, Bloomberg reports. Renzi told […]

Oh, Yeah? Or What?

By Chris at www.CapitalistExploits.at Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing. Welcome to this week’s edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all its glorious insanity. While we […]

Italy’s Renzi Promotes Renzi-ism As Alternative To Trump-ism, Le Pen-ism, Grillo-ism

Submitted by Mike Shedlock via MishTalk.com, Former Italian prime minister Matteo Renzi announced today that he would call a PD party congress, effectively putting his role as party leader into question. In his speech, Renzi stated “Some people wanted a party congress to find an alternative to Renzi-ism. It needs to be done as an alternative to Trump-ism, […]