Trump reportedly approved the plan to attack Iran and ordered its execution while in Turkey for the NATO summit. Eurozone government bond yields immediately rose after the surge in oil and gas prices.
The NATO summit in Turkey begins on July 7th and will be crucial in demonstrating Europe's unity with both Trump and Putin. These issues are explored in depth by Ambassador Rocco Antonio Cangelosi in his book "Ukraine and the…
The Israeli cabinet unanimously approved Foreign Minister Gideon Sa'ar's proposal to recognize the Armenian genocide. The international community immediately raised doubts about whether such recognition would actually constitute a move against the…
Bank of Italy survey on international tourism in our country: after a growth in 2025 thanks to the Jubilee and the Milan Cortina Olympics, the US-Iran war has drastically slowed the arrival of tourists from the Gulf area who traditionally boast a high spending power
Israel and Lebanon signed a framework agreement in Washington that paves the way for peace. "Italy is ready to do its part," the Prime Minister's office expressed satisfaction. Meanwhile, tensions in Hormuz are rising.
Talks between the United States and Iran begin today in Switzerland, with JD Vance at the table with Tehran. The negotiations kick off amid the nuclear issue, the fragile truce in Lebanon, tensions in the Strait of Hormuz, and the…
US-Iran: Will the truce really last? Interview with Stefano Silvestri, former president of the Institute of International Affairs and a leading expert on geopolitics and military affairs: "This agreement is missing many things, all of them of significant importance. Nothing is said about Iran's missile armament, so…
The draft US-Iran memorandum calls for 60 days of negotiations, a halt to the war, nuclear limits, the lifting of the naval blockade, and a $300 billion plan. The signing is expected on Friday, June 19, in Lucerne.
SpaceX: instruments listed on over-the-counter markets indicate a booming debut, with gains of 35%. New highs for the Milan Stock Exchange (Piazza Affari) above 51.600 points - Follow the LIVE broadcast.
The Russian tsar reneges on his cautious overtures from the previous day and rejects the Ukrainian president's meeting proposal. Putin wants to continue the war even though Ukraine is holding its own against Russia on the ground.
This extraordinary page of history will be the focus of the free exhibition The Wallace Collection at War, on view until October 25, 2026, reconstructing the museum's unexpected role during the Second World War through archival documents, photographs, catalogues and…
According to the New York Times, the American president has made no decision. Tehran strikes a base in Kuwait, injuring five Americans.
A Russian drone strikes a residential building in Galați, Romania, injuring two people. NATO and the EU raise alarm, while a Turkish ship is also struck near Odessa. Meloni: "Europe's security is at risk."
New mutual attacks between the US and Iran dash the hopes of an agreement that had dominated markets until yesterday. Asian stocks are falling sharply, dragged down by the collapse of the South Korean Kospi. European stocks opened lower. A…
Talks between Washington and Tehran continue. The priority is to quickly reopen the Strait of Hormuz. Trump: "Iran's enriched uranium will be immediately destroyed." NATO cuts are coming: allies under pressure.
Magnifica Humanitas, Pope Leo's first encyclical on artificial intelligence, was presented at the Vatican. The Pontiff warns: "Technology must not be the domain of the few" and emphasizes the need to protect human dignity in the face of the risks associated with war, algorithms, and so on.
Last night the US president took stock of the situation on Truth, explaining that the US was ready to attack today, but it is once again due to the intercession of the Gulf countries.
From cars to the defense industry: even VW, Renault, and Porsche have already made similar moves, not to mention the entire galaxy of suppliers. Meanwhile, NATO is summoning European defense companies to Brussels.
Revenues rise 11% to $15,54 billion, with passenger numbers increasing. O'Leary is considering a contract extension through 2032.
The phrase "the calm before the storm" appeared on Truth with an image of Trump with a threatening expression and a pointing finger.
ECB, what the economic bulletin says: the war in the Middle East "is weighing on economic activity" and the data "point to a weakening of growth since the outbreak of the war", with consumer and business confidence about the future having "undermined"
The International Energy Agency's monthly oil market report: "With tanker traffic in Hormuz still limited, cumulative supply losses by Gulf producers already exceed 1 billion barrels, with over 14 million…
Tehran has sent Pakistani mediators its response to the latest US proposal to end the war, according to the official IRNA news agency. According to ISNA, an immediate end to the conflict plus the restoration of maritime security in the Persian Gulf and the Straits…
There are signs of a thaw in relations in Rome between the US administration and the Meloni government, following Trump's harsh attacks on the prime minister. But, despite the cordial tone and renewed commitment to cooperation, no one seems to have backed down.
The US president's statement on Social Truth: "Hopefully, this marks the beginning of the end of a very long, deadly, and bitterly fought war. Every day we get closer to peace." The exchange of 1.000 prisoners for...
Wars in Iran and Ukraine: The current energy crisis is not just about oil supply but the deterioration of the industrial system that transforms crude oil into usable fuels.
Trump rejects the Iranian proposal and launches Operation Project Freedom to free ships stranded in Hormuz. Tehran warns the US, while Rubio is ready to fly to Rome to mend fences with Meloni.
An interview with Marc Levinson, a Washington historian and economist: "Rising oil and gas prices are already squeezing consumer spending." And fertilizer price increases: "could prove the longest-lasting."
The 25th edition of the Ipsos-Europ Assistance Group Holiday Barometer paints an encouraging picture for tourism, even as concerns about safety are clearly growing. 90% of Italians travel at least once a year.
Donald Trump's threat to target NATO's "bad guys" who didn't help him in the Iran war is spreading from Germany to Italy and Spain: "The former was no help at all, the latter was terrible." On…
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
How is it possible that Wall Street and the Nasdaq are setting record after record even in wartime? The Wall Street Journal asked this question, but the answer is there.
The Senate has already approved the initiative that aims to transform the second Sunday of October into the national day of wonder, text in the Chamber
According to Axios, the meeting with Iranian Foreign Minister Abbas Araghchi could take place on Monday in Islamabad, but Tehran: "Our observations will be communicated to Pakistan."
Twenty-seven European leaders gathered in Cyprus for the two-day informal summit of European heads of state and government, calling for the reopening of Hormuz. Von der Leyen rejects the suspension of the Stability Pact.
"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.
At the EU summit in Cyprus, Prime Minister Meloni calls on Europe to be "more courageous" on the energy crisis and advocates for the separation of expenditures, as with the Safe defense plan. The Commission's state aid plan is good, she says, "but not…
Europe: Coreper approved both the €90 billion loan to Ukraine and the twentieth package of sanctions against Russia. Ukrainian leader Zelensky: "The right signal in the current circumstances."
No negotiations between the US and Iran but President Trump changes his position for the umpteenth time and decides to extend the truce pending clarification
"The Fed made a fatal mistake in letting inflation rise. A policy change is needed," the future Fed chairman stated in his parliamentary hearing. The wait for Tesla's financial statements and the uncertainty surrounding the negotiations in Islamabad between the US and...
The Italian company will contribute, at the request of the Spanish Ministry of Defence, to the construction of the new amphibious combat vehicle for the marine infantry
ECONOMIC HANDS FOR APRIL 2026 – What will change with the reopening of the Strait of Hormuz? Is demand destruction underway? Will inflation continue to rise? Will central banks raise rates? Are there signs of worsening expectations?
Prime Minister Meloni at a press conference in Paris following the summit with other EU leaders on the war in Iran and the Strait of Hormuz: "Italy is willing to provide its own naval units based on parliamentary authorization for those that…
Bank of Italy, Economic Bulletin: "High energy prices over a long period would not only impact consumption and inflation but would also undermine the competitiveness of Made in Italy exports in energy-intensive sectors such as chemicals, metallurgy, non-metallic minerals, and food products…
The International Energy Agency (IEA) has warned that Europe could only have six weeks' worth of jet fuel, with serious consequences for the continent's economy.
In Europe, stock markets are eyeing the stability of the 10-day ceasefire between Israel and Lebanon. Some rise and some fall on the Milan Stock Exchange. Alstom crashes in Paris - Follow the LIVE CHANNEL • MARKETS Crucial weekend for the…
Pirelli's 2025 budget has been approved by a majority vote: nine out of fourteen directors are in favor. Chinese company Sinochem has rejected the approval: three vote against, two abstain. The proposed total dividend is €0,34 per share, equal to approximately...
Prime Minister Meloni after her meeting with Ukrainian leader Zelensky: "Over these four years, Europe and Italy have always stood by Kiev, its people, and its institutions. It's not just a duty…
Trump attacks Pope Leo XIV: "He's weak, he's in the Vatican thanks to me." Following a US naval blockade of Iranian ports, Starmer distances himself from the tycoon, and Macron announces a defensive initiative, separate from the belligerents, to restore peace.
US-Iran clash after failed negotiations, Putin offers mediation. Trump threatens China and warns Tehran: "We will destroy your power plants without a deal." On Hormuz: naval blockade and mine clearance.
Negotiations between the US and Iran are dragging on in Islamabad. The climate of mutual distrust and mutual denials persists, from the US unfreezing of Iranian assets to the transit of US warships through the Strait of Hormuz, which remains a sticking point...
Both the Iranian and U.S. delegations landed in Pakistan. The capital, Islamabad, is hosting the highly anticipated talks between Washington and Tehran: negotiations could begin late and continue into Sunday.
In the latest episode of his podcast, the Kairos strategist analyzes the markets' likely behavior once the Middle East conflict is over. Here are his predictions.
Israeli raids on Lebanon and disagreements over the reopening of the Strait of Hormuz are shaking up Iran's ceasefire. Here's how the stock markets are reacting - Follow the LIVE coverage.
Does the truce in Iran ease the price alarm? According to Walsh, IATA director general, "it will take months for aviation fuel supplies and prices to return to normal, even after the reopening of the Strait of Hormuz, due to…
Israel's raids in Lebanon, resulting in hundreds of deaths, immediately undermine the US-Iran truce. Tehran's anger has led to its renewed closure of the Strait of Hormuz. But Vance: "The IDF has proposed suspending attacks during negotiations." Report from…
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."
From Piedmont, all the associations of industry, commerce, crafts and cooperation are asking for a rapid direct dialogue with the local institutions to intervene in a structural way with policies that put businesses and workers at the centre.
President Trump extended his ultimatum to Tehran, approving Pakistan's proposal on the condition that Iran reopen the Strait of Hormuz: the first ships in transit. But Israel's raid in Lebanon is prompting Iran to close the Strait.
The Defense Minister's statement to Parliament: "We have distanced ourselves from anything we disagree with, but no government has ever questioned the agreements with the US."
Trump issues an ultimatum to Iran and threatens to destroy bridges and power plants within hours. Tehran stalls on the truce, the Hormuz issue remains, and the uncertainty surrounding Mujtaba Khamenei's condition weighs heavily.
Iran and the US are considering a 45-day truce brokered by Pakistan, but Tehran is holding off. The IRGC intelligence chief has been killed, while attacks from both sides continue.
In the adverse scenario developed by the Bank of Italy, growth this year would be zero and inflation would soar to 4,5%.
The Council of Ministers approved the fuel decree extending the excise duty cut until May 1st. Giorgetti: VAT and ETS coverage. Meanwhile, Prime Minister Giorgia Meloni flew to the Gulf to strengthen energy security and...
The war in Iran, coupled with the energy crisis, has put the Strait of Hormuz in the spotlight, but the global supply of products—from agricultural fertilizers to grains and fish—is carried by interconnected sea passages. The…
War in Iran, Trump blasts allies: "Oil? Go to the Strait of Hormuz and take it yourselves." Energy prices are high, and the Italian government is considering new fuel policy measures: a cabinet meeting is expected on Friday. Journalist kidnapped in Iraq: who is she?
The final session of March closed positively: Milan soars, but the month remains in the red amid tensions and war, with a decline of approximately 6%. Brent above $119 - Follow the LIVE coverage.
US planes planned to land at Sigonella and then depart for the Middle East. However, no one had requested authorization or consulted the Italian military. Palazzo Chigi: "There was no friction or criticism with the US." Crosetto: "The bases remain…
Interview with Professor Guido Lorenzoni of the University of Chicago Business School (Booth). "The effects of the third Gulf War on growth could be greater than expected." "It will take four months or more to restore regular energy supplies."
In its spring forecasts, Confindustria's research center lowers its growth estimates for Italy, considering the impact of the conflict in Iran, three scenarios, and the possibility of a recession. The impact on energy bills from the war in…
According to the Wall Street Journal, the Pentagon is sending three warships and thousands of Marines to the Middle East. The Pasdaran: "The world's tourist centers are no longer safe for our enemies."
European Council steps back on €90 billion loan to Ukraine: Hungarian Prime Minister Viktor Orbán vetoes it, Meloni's position. Energy and high prices: no consensus on suspending the ETS system.
Six countries - the United Kingdom, Italy, France, Germany, the Netherlands and Japan - have declared their readiness to contribute to a plan to ensure commercial navigation in the strategic Strait of Hormuz.
The President of the Republic received an honorary degree in Salamanca in the presence of King Felipe VI: "Europe must say no to a contractualist vision based on competition, and say no to conflict and perpetual instability."
The deposit rate remains at 2%. Inflation estimates have been revised upward and growth estimates downward. Lagarde: "It is urgent to strengthen the euro area." The BoE also remains firm and says it is ready to take action to combat rising prices.
Despite the weighty conclusions reached by the European Council on 19 and 20 March in Brussels, the EU risks revealing its irrelevance in one of the most critical phases of recent history with the Middle East crisis,…
The government is taking action to address fuel prices. The Council of Ministers approved a decree cutting excise duties by 25 cents per liter for 20 days, pending developments in the war in Iran. The opposition is calling for an "electoral decree"...
The Federal Open Market Committee (FOMC), the body responsible for monetary policy in the United States, has opted to keep interest rates at 3,50%-3,75%, as expected by analysts.
Energy stocks plunge on the Milan Stock Exchange, with crude oil hitting its highest level since June 2022. Bank stocks perform well. Gold nears $4.800, silver below $80. The BTP-Bund spread is above 80 basis points.
Israel attacked gas facilities in Iran, US airstrikes in the Strait of Hormuz. Minister Crosetto: "Italy and NATO have nothing to do with this war; the UN must intervene." Stockholm: "Tehran executed a Swedish citizen."
Tungsten is a very high-density material and therefore a key component in drilling equipment and high-performance weapons. Aluminum is sought after by the military for its light weight, corrosion resistance, and excellent thermal conductivity.
The gift that the capricious American President gave to Putin by allowing him to sell Russian oil could mortgage the conclusion of the war in Ukraine that the Kremlin tsar was unable to win.
ECONOMIC HANDS FOR MARCH 2026 – What will be the effects of the war on economies? And on oil and gas prices? Will an inflationary spiral begin? Will the ECB and the Fed keep rates on hold? Why have Italian government bond spreads widened?
Trump grants a 30-day license allowing countries to purchase Russian crude and petroleum products stranded at sea, in an effort to stabilize global energy markets. FT: Russia earns up to $150 million a day from…
Everything is being sold off, from stocks to government bonds. Only the dollar and a few energy stocks are surviving, while concerns about the credit sector are confirmed. The outlook for interest rates is changing. European stock markets saw a…
Interview with Peter Sand, a leading global shipping and logistics expert and chief analyst at Xeneta. "Alternatives to the Strait of Hormuz have been rapidly eliminated, and freight rates are increasing by 100 to 200%. It would be desirable…
According to the latest report from one of the leading independent asset and savings managers in Europe, there are sectors and trends to follow because they outline a picture of profound transformation
Amazon kicked off its busiest day ever for US corporate bond sales, aiming to raise nearly $50 billion. The spending will focus on AI and data centers.
In short wars, the Kairos analyst argues, "it's practically impossible to have time to organize an investment strategy. But rather than thinking about a war portfolio, it's useful to think about a peace and war portfolio."
War in Iran: the Strait of Hormuz is a source of concern because shipping and the stability of energy markets are at stake. These are key topics in Meloni's remarks to Parliament ahead of the upcoming EU Council (March 19-20). The…
The war against Iran is "self-financing" thanks to rising oil prices, which are laying the groundwork for a new global energy order, lucrative for Trump's America but costly and risky for us. Analysts tell us this in a report...
War in Iran and oil price rally: the controversy over electricity in Italy is bizarre. Solar panel and wind turbine manufacturers argue that if we switched to generating electricity solely from renewables, our…
Israel's attack on fuel depots in Tehran sparked US fears about the public's reaction and, above all, about oil prices, which already jumped above $100 a barrel on Sunday evening for the first time since July 2022. Supreme Leader...
Under the US Constitution, the President is the commander-in-chief, but the authority to issue a declaration of war rests exclusively with Congress.
Trump states that he hasn't decided how long the war in Iran will last: "Whatever it takes." He then attacks London, exonerates Putin, and doesn't rule out ground troops. Mystery surrounds US soldiers held captive by Tehran.
The art market is, by its very nature, an ecosystem strongly influenced by global dynamics: capital flows, perceptions of risk, cultural shifts, and international mobility. In a context of war or widespread geopolitical tension, these dynamics can undergo significant upheavals,…
War in Iran: Starmer, Meloni, Merz, and Macron "agreed that intense diplomatic activity and close military coordination will be crucial in the coming days." The role of Zelensky's drones
War in Iran, interview with Stefano Silvestri, former president of the Institute of International Affairs and a leading expert in military strategy: "What does Trump want to achieve? A dark thread like oil could lead to the US's only true enemy, namely China." Macron? "Good, he…
The Italian left is always fascinated by foreign Popes, from Zapatero to Sanchez, but Matteo Renzi isn't having it and doesn't share the Spanish Prime Minister's one-sided pacifism: "If they attack Cyprus, you can't whistle," and the fall...
Europe widened its losses during the last session of the week with Milan moving into negative territory on fears of military escalation in the Middle East: oil and gas accelerated the rally despite Trump's exemption to India on Russian black gold.
