The Confindustria Study Center's study, "Italian Exports: Between Fractures and New Routes," depicts a global trade trend increasingly oriented toward Asia. For Italy, amid tariffs and new dependencies, the challenge is to diversify markets, technologies, and supply chains.
The Financial Times reiterates the possibility of Christine Lagarde's early departure, with a possible announcement in October. Chief economist Philip Lane and Isabel Schnabel's terms also expire in 2027, opening up a broader game for...
Atradius describes a more regionalized, regulated trade landscape influenced by geopolitical considerations rather than economic efficiency: strong domestic demand, credible strategies and effective institutions are needed to better withstand external shocks.
Jacob Coxon leaves Anthropic and denounces the risks of the AI race. Meanwhile, new incidents involve Claude and OpenAI's models.
In the Northeast, where the economy has been able to transform intuition, enterprise and internationalization into success, today the challenge is to invest in the new generations through the BM&A Summer School
Artisan businesses? They're now a treasure trove of small towns. It's no coincidence that Nuoro, Cuneo, and Fermo top the list of cities with the most artisan businesses. In Italy, they account for 21,5% of all active businesses, but their share varies...
BFF Bank shareholders are urging the Board of Directors not to rush a factoring sale and to preserve the bank's value by avoiding discounted sales. They also address the risk of a "breakup" and the possible loss...
The initiative is promoted by the CDP Foundation, a non-profit organization of the CDP Group, with the participation of Intesa Sanpaolo through the Impact Department of the Banca dei Territori Division.
Apple's first foldable smartphone is expected to be unveiled in September alongside the iPhone 18 Pro and Pro Max. Initial impressions praise the hinge, portability, and interface, but the lack of Face ID and a telephoto lens and a price tag that could…
The latest Ref Economic Outlook provides a snapshot of the European labor market. Unemployment is at its lowest, while in Italy, demographics, low productivity, and still-weak real wages are weighing heavily.
Payments are due Tuesday, September 1st for everyone. The pay slip may include adjustments for the 730/2026 tax return and, for some pensioners, the second 5% withholding for failure to report their 2022 income.
The 2027 budget could exceed €30 billion: cuts to personal income tax, healthcare, employment, pensions, energy, and Salvini's proposal to tax the profits of large banks.
FIRSTonline, an independent economics and finance web journal founded on May 23, 2011, is celebrating its 15th anniversary. Its technological breakthrough, supported by thoughtful use of AI, has boosted monthly visits to 2.3 million. But at the…
Who can benefit from the 5x1000 tax return, how to correctly indicate it on your tax return, and why a simple signature can transform an already-due IRPEF portion into direct support for third sector organizations, scientific research, and social initiatives.
The video game market in Italy is worth 2,4 billion in 2025. Digital, mobile, and subscription-based gaming are growing, but physical gaming remains relevant.
Last year, the first quarter of Italy's top five banks closed with €6,8 billion in profits. Unicredit and Intesa, combined, accounted for 80% of the profits.
After 60 years, the United Arab Emirates has decided to leave OPEC, the group of oil-producing countries, and OPEC+ (which includes ten other countries, including Russia) starting May 1st. The possible repercussions for Italy
It's not out of the question that the government might consider an electoral budget plan for the final year of its term, but giving in to populist pension solutions, even if they're not unwelcome to the opposition, would be extremely dangerous for the stability of the pension system...
"The ongoing conflicts risk fueling a new surge in prices," said Bankitalia Governor Fabio Panetta, speaking at the "Gold of Naples" meeting in the Campania capital.
The 730/2026 form (2025 income) is available online from April 30th on the Revenue Agency website, with submission possible from mid-May until September 30th, 2026. Here's everything you need to know.
After three years of growth, the European ETF and ETC market slowed sharply in March due to geopolitical uncertainty, prompting investors to be cautious. However, the first quarter remains record-breaking, with €101,7 billion in inflows.
Economic Outlook: However, the picture would be more complicated if the magnitude of the energy shock were to prove greater. "We would be approaching a recessionary scenario, marked above all by a decline in household consumption."
Bank transfers suspended from April 2 to 6, 2026: the suspension is due to the closure of the European payment system, with possible delays but no risk to your money. Instant bank transfers are working and remain the main alternative.
April opens with regular pension payments, but with possible variations on the benefit: tax adjustments, local surcharges and the end of the March arrears may affect the net amount and the benefit received.
The clash between Anthropic and the Pentagon, exacerbated by pressure from Donald Trump, raises a key question: who decides the limits of artificial intelligence? Anthropic defends ethics and autonomy; the government wants to use AI as a strategic weapon without constraints, marking a…
The war in Iran, which began a week ago, continues to roil markets. The BTP-Bund spread revisits 80 basis points. Crude oil soars to its highest level in nearly two years. At the Milan Stock Exchange (-1%), Defense and Eni perform well, while...
The national accounting data recently released by Istat, in addition to estimates for the fourth quarter of 2025, also present last year's final figures and a revision of the 2024 data. According to the latest publication of the Ref Ricerche Economic Outlook, the revision…
The Ministry of Economy and Finance has published the rates for the new BTP Valore maturing in 2032. Issuance is scheduled for March 2-6. From concessions to coupons and premiums, here's what you need to know.
The decision of the US judges, apparently unfavorable to President Donald Trump, has in reality only changed the legal assumptions, potentially generating further confusion
What was once perceived as a political taboo could now become a key tool for Europe's growth and solidity: here's what Eurobonds are and why they're being talked about again
According to the first Consob-Cetif/Catholic University Report, between 2023 and mid-2025, 62 SMEs entered the stock market, while 86 left. The stock market, despite being an accelerator of growth and innovation, often remains an opportunity difficult to exploit.
Government bonds: The Ministry of Economy and Finance announces a new issuance within the BTP Valore family from Monday, March 2nd to Friday, March 6th (until 1:00 PM). The bond has a 6-year maturity, increasing coupons paid every three months, and a premium at the end. All…
The latest auction of 15-year BTPs saw stratospheric demand. It's not just a question of yield. Italian bonds are also being bought for their debt structure: long average maturity, predominantly fixed rates, and more flexible maturity profiles.
A paradoxical turnaround for the Democratic Party and its broader coalition, which rejects the Fornero law and criticizes the majority for betraying the demagogic election promises once opposed by the opposition. The influence of Landini's CGIL (Italian General Confederation of Labour) is disastrous.
Trump's return accelerates the crisis of the global order. For Europe, it's time for strategic choices, and Eurobonds are part of a broader political project to build a common foreign and defense policy, and beyond.
Ref Ricerche's report: In Italy, fiscal policy has made significant efforts to correct its accounts over the past two years, and could shift to a neutral stance this year if we activate the national safeguard clause...
The National Bank of Poland has already accumulated over $76 billion in gold and aims to increase this to 700 tons. In a world of war, sanctions, and a volatile dollar, gold remains the preferred "safe haven" for central banks: stable, liquid, and...
The CubeSat 3U nanosatellite, composed of three 10 cm sided cubic modules with a total mass of about 4 kg, is currently being assembled and will be launched in March
According to Reuters sources, Pirelli's main shareholders, Camfin and Sinochem, will not renew their shareholders' agreement, which expires on May 19, 2026, prompting the government to review the Golden Power to define future governance and support the country's competitiveness.
From city cars to SUVs to the electric Ferrari: all the most anticipated models of 2026, prices, technologies and the challenge between electric and hybrid in the car market.
A move to overcome Chinese hegemony: On Sunday, Japan will launch the world's first deep-sea mining effort, at a depth of 6.000 meters, hoping to reduce its dependence on China for supplies.
Intesa Sanpaolo's asset management company integrates sustainability, climate, biodiversity, and human rights into its investments, using voting and dialogue with companies to achieve concrete results and create long-term value.
From 2012 to 2025, Italian household wealth grew by only 20,6%, much less than France and Germany. In real terms, it is declining, and inequality is reaching record levels. Analysis by the Fiba Foundation of First Cisl
The 2025 of the Italian banking sector, between failed mergers and excessive constraints, has shown the tension between national interests and European rules, with Unicredit-Bpm the symbol of the crisis
IMI CIB's activities focus on structured financing, bond issuance and advisory services, with direct involvement in energy and infrastructure projects.
Over the past five years, Italian tourism has changed: fewer traditional hotels, a boom in short-term rentals, while the restaurant industry remains stable. Unioncamere-InfoCamere data 2021–2025
We don't yet know the outcome of the Milan prosecutor's investigation into the privatization of MPS and the Siena-based bank's takeover of Mediobanca: was there a concerted effort among the shareholders? But the wiretap documents reveal...
Brazil is the world's second-largest rice exporter outside Asia and expects its harvest to decline in 2026 due to production costs and climate change. Rice is the staple food of 3,5 billion people. And Beijing too...
Over the past five years, approximately 152 companies have changed hands in Italy, mostly microenterprises. With 15 million Italians owning shares worth over €1.600 trillion, research by Verum Partners and Startex AI reveals a market…
The passing of Riccardo De Bonis, economist and former director of the Bank of Italy, prompts us to reflect on the cultural and human legacy he left us.
The 16th GreenItaly Report confirms Italy's leadership in the green economy: over 578 companies have invested in sustainability, and green jobs exceed 3,2 million. Lombardy and Rome lead the growth, while the country leads Europe in...
Courtesy of the author Luigi Fiorentino, we publish excerpts from his essay in the book "La rivoluzione meridionale" by Guido Dorso, published by Feltrinelli. The ruling class Italy needs today is not one born from self-referential circles, but rather one…
In the last three years, the South has grown more than the national average, reducing the territorial gap with the North in terms of per capita GDP, but in the coming years the growth ranking will reverse again
The Budget Law is a "very small" public finance measure, with numerous measures, but modest spending commitments. This is stated in the latest economic report by Ref ricerche.
The Treasury has announced the minimum guaranteed rates for the BTP Valore 2025, to be placed from 20 to 24 October, with increasing coupons and a loyalty bonus of 0,8% for those who hold the bond until maturity.
Deficit at 3% this year. GDP at 0,5% in 2025 and 0,7% in 2026, with a slight expansionary effect from the budget. The Government updates its macroeconomic estimates and prepares the budget law, the fourth under the Meloni government. The PPB confirms: an acceptable scenario but...
The CGIL (Italian General Confederation of Labour) analyzes early retirement at 64 using severance pay (TFR): requirements from 2025 to 2030, income simulations, the effects of the Durigon proposal, and why the measure remains inadequate.
Trump relaunches the US-China AI race, Benanti warns Europe: without energy and models like Mistral, the technological challenge is already lost.
Samsung shares rose 4,7% in Seoul, hitting their highest since August 2024, driven by speculation that Nvidia's HBM3E AI chips may have passed its tests.
The challenge of the tech future is not only technical or economic, but profoundly humanistic and ethical: knowing how to use powerful tools without losing sight of collective dignity, well-being and security.
In August 2025, electricity consumption in Italy fell, while production from renewable sources continued to grow: wind power recorded a +63,1% and photovoltaic +18,8% compared to August 2024.
From October 20 to 24, 2025, the BTP Valore returns, the government bond for families and small investors: a 7-year term, increasing quarterly coupons, and a 0,8% loyalty bonus. The guaranteed minimum rates were announced on October 17.
Social security urgently requires adjustments to ensure its sustainability for the Italian state and the Italian economy as a whole, and to allow workers and businesses to benefit from it in the best possible way. This is one of the key issues...
Italy ranks last in Europe in training spending, female employment, and birth rate. These are some of the data presented at the first Southern Italy Day, promoted by the Bari Chamber of Commerce as part of the Fiera del Levante. The second, on Thursday the 18th,…
Young people, in particular, want audiobooks, podcasts, and videos to play faster and faster. The goal? To consume more of them per unit of time.
In September, pensions will change for some: Irpef (personal income tax) refunds will arrive on the INPS payslip for those eligible, and deductions will be made for those who must repay sums unduly received. Here are the details.
The United States and the European Union have finally revealed the details of their new trade agreement, untangling the most delicate issues that have kept companies and markets in suspense for weeks.
Softbank will pay $23 a share to increase its stake in Intel to approximately 2% and consolidate its role in the US tech sector. According to Bloomberg, the White House is also considering buying shares in the company.
Trump's tariffs hit tea and coffee with tariffs of up to 50%, exacerbating price increases already underway due to drought and poor harvests. Importers and consumers are alarmed. Is a return to yaupon in sight?
Andean voters will vote in the first round of the presidential election on August 17. The favorite is millionaire Samuel Doria Medina, owner of Burger King in the country. He could take advantage of the rift in former President Evo Morales's socialist movement, which is linked to Moscow.
Veneto's industrial and artisanal manufacturing is preparing for an uncertain recovery in September, amid declining orders and the impact of new US tariffs. Confindustria data confirms the slowdown in production, while tourism and household incomes further complicate the situation.
West Nile: A study by the Mario Negri Institute explains why experts fear that climate change could increase the spread of this disease in less common locations, or bring it to new locations. The higher temperatures rise, the better mosquitoes reproduce in…
After years of paid doctors covering critical shifts without ensuring stability, the system is turning a corner. But without structural solutions, the question remains: who will fill the gaps in public healthcare?
Having a lot of likes or followers may seem like a way to demonstrate popularity or success, but in reality, it's not enough to create meaningful connections. These tools are often used to measure popularity or engagement on social media, but it's important…
A study by Intesa Sanpaolo and the Einaudi Center on Italians' financial choices shows that we're increasingly inclined to protect ourselves after retirement. Homes remain the focus of investments, but there's also child support and...
According to the 24th INPS Report, in 2024 the average retirement age in Italy will rise to 64,8. Gender inequality is increasing, early retirement is declining, and the proportion of women in the workforce is growing. Here's what's changing in the system...
Flights: ID cards are no longer required for boarding. New rules at the gate: showing a boarding pass will be sufficient. What changes, which countries are affected, and how security checks will work.
One year after the introduction of financial education in schools, one in two has started courses. According to Doxa research for Alleanza Assicurazioni, students and families show strong interest, but teacher training remains the issue to be resolved. There has been…
Italian medium-sized companies surpass France, Germany and Spain in productivity and innovation. The XXIV Mediobanca-Unioncamere Report reveals numbers, prospects and critical issues: exports are recovering, but taxes, skills and ecological transition weigh heavily
June is a crucial month for the Italian tax calendar: from Imu to the 2024 tax balance, through the fourth scrappage and the communication of the credit transfer. Here are all the key deadlines and how to respect them to avoid sanctions
With the introduction of new tax rules, the way in which high-income taxpayers will have to manage their deductions is changing. Circular no. 6/E of the Revenue Agency explains in detail what is changing and how to prepare to not lose advantages…
The Annual Report of the Bank of Italy sheds light, with data in hand, on the real trend of the labor market and the dynamics of wages. It is not true that precariousness has increased
The June 2025 pension will be paid a few days late due to holidays, and some pensioners may experience deductions from their check. Here are the details
According to Alessandro Fugnoli, strategist at Kairos Partners, the stock market recovery of the last two weeks appears defensible, but "to extend it we will have to wait until next year"
At the end of negotiations in Geneva, the US and China announce an agreement on tariffs: 90-day suspension and creation of a trade consultation mechanism
Gaza crisis and European silence: at SIOI we reflect on what Craxi and Andreotti would have done, presenting the book “From Sigonella to Gaza”. Italy once practiced “equivicinanza”, today it lacks a diplomatic vision
Brazilian President Lula is the only Western leader in constant dialogue with Moscow and in the coming days he will personally meet Vladimir Putin, trying to be more convincing than Donald Trump on Ukraine. Then he will be in Beijing to strengthen the anti-tariff trade axis
India hits targets in Pakistan with a missile strike. The response was immediate. Tensions rise between two nuclear powers, while the world fears an uncontrolled escalation
The analyses confirm the advantage of foreigners in terms of activity and employment rates compared to Italians. However, in 2024, foreign workers received a median hourly wage 26,3% lower than their Italian colleagues:…
A book that tells the story of an accident, of a caregiver mother who takes care of her son, but also of the administrative obtuseness and the Italian healthcare deficiencies
The Observatory analyzed the latest OECD report on the performance of global health systems, classifying countries according to various indicators. Italy emerges as an example of a mixed system, with strengths in prevention, but also challenges related to efficiency,…
INPS has just published the monitoring of retirement flows that allows for updated reflections on exits from work and the differences between the treatment of men and women. Patriarchal is not the pension system but society and…
A thorough retrospective organized by the Cinémathèque Française and dedicated to Western cinema offers the opportunity to reflect on the state of the world today: a thread links the rough spirit of cowboys to the way of thinking and acting of today's America.
After the success of Btp Valore, the Treasury is targeting retail with a new Btp Italia, which will mature in June 2032. The bond will offer a 1% loyalty bonus and a minimum guaranteed coupon
There are many causes for the rise of sovereignism in Europe but certainly the problem of immigration is at the center. The virtuous example of the Confindustria of Bergamo that recruits young people in Egypt and Ethiopia, makes them study and prepares them for the companies of the…
While Europe is reorganizing its industrial priorities by focusing on strategic autonomy in defense, Italy finds itself at a crossroads: excellences such as Leonardo and Fincantieri are driving the sector, but structural issues remain on R&D spending, productivity and overly fragmented industrial policies.…
From 2027, the increase in life expectancy will mean that people will retire three months later, but the accounting acrobatics and electoral promises have already begun. Here's how things really stand
Trump declares global trade war with his duties: here is the list of levies in the world, for Europe a 20% increase. Foreign cars will be subject to 25% tariffs starting immediately. Europe's reaction, Meloni: "Wrong measures". Wall Street, dollar and…
Full parity would increase the average family income by 8.991 euros in Lombardy, 8.863 in Veneto, 7.367 in Emilia-Romagna
On April 2, 2025, the 11th Cesef Conference of Agici will be held in Milan, during which the results of the Agici 2024 Study on the energy transition and the opportunities related to energy efficiency and renewable sources will be presented.
