France: Lecornu Saved: National Assembly Approves Social Security Law
The Social Security budget passed thanks to the support of the Socialists. The vote paves the way for a possible budget approval by the end of the year.
Canada: What Happens After Trudeau Resigns? Here Are the Possible Scenarios
After Justin Trudeau's resignation, two scenarios emerge: a new Liberal prime minister until October or early elections. Meanwhile, Trump: "Canada 51st US state"
France: No-confidence vote passes, Barnier government falls after only 3 months. Macron wants to appoint new PM in 24 hours
The motion of no confidence presented by the left of the New Popular Front passes with 331 votes in favor out of 574. Le Pen: "It is the end of an ephemeral government". Media: "New prime minister in 24 hours", 3 names in the running
France, fears for the government push the spread with the bund to the highest in over 10 years. Oat increasingly close to the Btp
Fears for political stability in France are worrying investors. The yield spread with the bund has risen to its highest since 2011, marked by the eurozone debt crisis. Instead, the BTP is improving and the France-Italy gap…
Germany, government crisis: vote of confidence before Christmas. Elections possible as early as January-February
In a TV interview, German Chancellor Olaf Scholz said he was willing to put his confidence in Parliament before Christmas: "I'm not attached to my seat." A vote he won't pass and Germany could go to early elections before…
Government Crisis in Germany: Scholz Fires Lindner, Assigns Finance to Joerg Kukies. Here's What Happens Now
With the Liberals leaving, the traffic light coalition is now over. Without a majority and leading a "lame" government supported by the Socialists and the Greens, Scholz is trying to avoid early elections, but a return to the polls seems inevitable
Politics no longer attracts talent and for the Financial Times there are two causes. What the crises in Italy and the UK reveal
According to Janan Ganesh, political commentator for FT, the English and Italian crisis once again reveal the poverty of political talent: higher salaries and greater privacy push talent towards private professions rather than towards…
International politics: Italy's problems after the government crisis and Draghi's possible candidacies
The government crisis raises many problems for Italy also in foreign policy - International candidacies could instead open up for Draghi by virtue of his personal prestige: here are the ones
Government crisis and two-faced entrepreneurs: Confalonieri's (Mediaset) crushes and Lavazza's wisdom
Two entrepreneurs and two styles: Confalonieri criticizes Draghi on the war and sponsors Meloni, while Lavazza asks for a safe side for the country like that of Prime Minister Draghi
Government crisis, dangers on Btp spreads and the ECB plan: the concerns of the managers, speak three strategists
The government crisis worries financial investors. Here are the assessments of Ramenghi (Ubs), Goves (MFS), Diodovich (Ig Italia)
Government, break between Renzi and Pd-M5S: Fico fails
There are 8 reasons for the break between Italia Viva and the former government allies that derailed the exploration of Fico who went up to the Quirinale in the evening to put the exploratory mandate back in the hands of the President of the Republic…
Elections and polls, because the Conte List scares Pd and M5S
According to a Winpoll-Il Sole 24 Ore poll, a possible Conte electoral list would become the first in the center-left and would take away many votes from both the Democratic Party and the Five Stars: what repercussions can these data have on the consultations and on the outcome of the crisis…
Mattarella: exploratory mandate to Fico until Tuesday
The President of the Republic has entrusted an exploratory mandate to the President of the Chamber to verify whether the reconstitution of the outgoing majority is feasible - If this solution proves impossible, the institutional government option would become topical again - Huffington Post…
M5S: "No vetoes on Renzi if he says yes to Conte-ter", but Di Battista does not agree
President Mattarella entrusts the President of the Chamber Fico with the task of exploring the possibility of reconstituting the government majority while the Five Stars, despite splitting, blow up the veto on Renzi as long as Iv says yes to Conte-ter, as they ask...
De Rita: "The decline of politics arises from the denial of merit"
INTERVIEW WITH GIUSEPPE DE RITA, founder and president of Censis - "The arrival of the grillini to power has led to the denial of merit, to the upheaval of times to become an elite, one is worth one" - "The culture of …
Renzi does not give Conte the go-ahead and relaunches: “Are there vetoes on Iv?”
In the conversation with Mattarella, Italia Viva does not set ultimatums but for now does not give the go-ahead to the Conte-ter and would prefer an exploratory mandate to assess whether the conditions are there to reconstitute a majority - Displaced once again…
The heart of democracy: how much feelings weigh on political consensus
In his book "The heart of democracy - Thoughts, feelings and emotions at the basis of political consensus", Nazzareno Pietroni, former parliamentary adviser, turns the spotlight on the hidden motivations of political consensus and on how much the psychological dimension weighs on politics...
Crisis, Conte towards resignation: the majority is not there
The numbers to shore up the current government are not found and the premier is preparing to go up to the Quirinale to resign into the hands of the President of the Republic - Lightning resignation to attempt the formation of the Conte-ter government - Zingaretti: "We support Conte but...
Political crisis, a scout is better than vetoes on people
Instead of insisting on personal prejudices ("either without Renzi or the vote") and seeking ragged majorities, the political crisis could take more constructive paths by relying on an explorer that recreates the foundations of a more solid government - The contribution of the economist of…
Crisis at the crossroads: Conte-ter or Ursula majority
Conte frantically continues his search for defectors to avoid the Government's parliamentary rejection on the Bonafede report on Wednesday but Tabacci warns: "We need a Conte-ter to attract those responsible" - But the premier niche on his resignation - If Conte fails, the…
Political chaos, jump in the spread and Moody's hit the Stock Exchange
Piazza Affari is the worst stock exchange in Europe (-1,52%) - The spread is growing and Moody's raises the alarm about Italy - Oil companies, banks and Leonardo drag down the Ftse Mib.
Conte remains on the edge: he has the majority but very weak
Conte has collected 156 votes of confidence in the Senate, including three senators for life: it is the simple majority, but not the absolute one, which will create many difficulties for the Government at Palazzo Madama - Two defections in Forza Italia, among…
The markets are betting on Biden, Italy is dealing with the crisis
The day after the government crisis, the spread rises and the stock market falls, albeit slightly, while Wall Street confidently awaits the presentation of the Biden plan to support the economy.
Renzi withdraws Iv from the government: it's a crisis with 3 hypotheses in the field
Iv leaves the government but is ready to lend a hand to the majority and excludes reversals and agreements with the right - But at this point the government crisis is full-blown and Conte is expected to rise to…
The Stock Exchange dribbles the risk of a government crisis
Once again the political variable (in Italy as in the USA) weighs less than once on the financial markets - Piazza Affari, on the crucial day of the crisis, even closed higher thanks to Azimut and the utilities
The political variable weighs more on the spread than on the Stock Exchange
After the transfer from the Bank of Italy to the ECB of the possibility of printing money and setting rates, the weight of politics on the Italian financial market is no longer what it once was and in fact the winds of crisis on…
Tariffs, Brexit and political crises: high voltage stock exchanges
The escalation of the tariff war, the Brexit nightmare and the many political crises (from Hong Kong to Italy) scare the markets, which are about to experience another difficult day - Gold strengthens, oil falls
The Italian crisis is good for the spread and Trump is preparing the tax cut
The removal of the Italexit nightmare with the exit of the League from the Government brings down the Btp-Bund spread - Meanwhile, a new river of money could pour into Wall Street if Trump manages to launch a new tax cut.
Today's cultural crisis is much more than a political crisis
As the former Governor of the Bank of England, Mervy King, wrote in his book "The end of alchemy" "this is not a crisis of banks or policies, but a crisis of ideas" but we can revive the high culture?
The political crisis makes the spread fly: ko banks and the stock market in the red
Political uncertainty sends the spread into orbit (230 bps) and hits bank stocks heavily, sending Piazza Affari into the red, which wipes out all 2018 earnings - Only Ferrari, Moncler and UnipolSai go against the trend in the Ftse Mib
The Italian crisis and the Cottarelli effect on the markets
The repercussions of the political crisis on the stock market and on the spread are not over yet but the candidacy of Carlo Cottarelli at the helm of the government will likely have the effect of curbing the volatility of the financial markets
Italian government bonds: does it make sense to invest in BTPs today?
FROM THE BLOG ADVISE ONLY - The turmoil that has hit Italian government bonds in relation to the developments of the political crisis of these days has raised a problem that has been around for some time and especially since yields have been low:…
The Lega-M5S program scares the stock market and widens the spread
Milan is the worst in Europe after the leak on the Salvini-Di Maio contract - The other European price lists are flat - The Btp-Bund differential over 150 points - Mediaset sinks in Piazza Affari after the quarterly accounts in…
The Lega-M5S pact is dangerous: the truce government is better
The turning point that is being foreseen for a Salvini-Di Maio government will cause economic disasters compared to which the increase in VAT would be like a cold compared to bronchopneumonia. Honor to the President of the Republic: he tried to avoid the danger by proposing a…
Lega-M5S: pensions, flat tax, migrants in the pact. The open nodes
The formation of a political majority is in the pipeline, but there is no shortage of differences on which the two leaders, Matteo Salvini and Luigi Di Maio, are negotiating. At stake is not only the choice of prime minister but also the…
Mattarella to Fico: explore an M5S-Pd agreement
The President of the Chamber, Roberto Fico has received from the Head of State the exploratory task of verifying by Thursday whether the political conditions exist to create a parliamentary majority between the Five Stars and the Democratic Party on the basis of a new…
Government, exploration in sight for Casellati
The President of the Republic is oriented today to entrust the President of the Senate with the exploratory task to verify whether a centre-right Five Star government is possible - If things go badly, the ball would pass to the Speaker of the Chamber, Fico, while they overlook…