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Trump and the Monroe Doctrine 2.0: between political dominance and monetary instability
“The Monroe Doctrine is a big deal, but we've superseded it by a lot, by a real lot. They now call it the Donroe doctrine.” These were Donald Trump’s words, spoken just hours after the Maduro operation in Venezuela. Leaving aside yet another demonstration that modesty is hardly the defining virtue of the current occupant of the White House, what does this mean? In December 1823, President Monroe, ...
A sphinx at the Fed
Last April, Kevin Warsh, nominated by Donald Trump as the next chair of the central bank, presented the manifesto of what is to become “his” Fed during his hearing before the U.S. Senate Banking Committee. The starting point cannot but be the observation that, of the hearing’s total 120 minutes – made up of questions from Republican and Democratic senators and answers from the nominee – ...
A Synergy of Public and Private in Space Exploration
The first phase in the history of human exploration of space, in the 1950s and ’60s, saw a pre-eminent role of government: public investment in the military field and the missions to the moon set off processes of technological innovation with very positive spinoffs for the economies as a whole, as in the case of the development of satellite technologies,#Since the 1970s, more and more private corporations ...
Trade Opportunities and Possible Perils
Transatlantic trade and the rethinking of supply chains, to be less tilted towards China, have returned to the center of debate in America and Europe. There is a different environment, probably determined by the freezing of tariffs, that is inspiring trust both in Brussels and in markets and businesses.#Many financial analysts are of the opinion that the American economy is heading into a period of ...
Successful strategies for the agri-food industry
In the first half of 2020, Italian agri-food exports to the United States totaled more than EUR 2 billion, up 4.5% compared to 2019 and registering a double-digit growth over the corresponding period in 2018. Moreover, the value of food and beverage exports to the United States is expected to increase by around EUR 11 billion by 2023. As revealed by the success of the Mutti and Marchesi Antinori labels, ...
All the Opportunities of the MENA Area
The MENA area has factors of attractiveness that make it desirable as a new "promised land for business" for Italian companies. The MENA area has points of strength that appear specular to the weaknesses of Italy.#Thanks to its geographic positioning, our country represents a natural logistics platform in the Mediterranean. Only through important investments aimed at developing our intermodal network ...
The Golden Rules for Doing Business
Africa is an area in which doing business is challenging and at the same time very promising. For those who decide to operate on the continent, the selection of the countries from which to start or on which to focus is crucial, as is the medium to long-term strategic approach to adopt. The most promising countries are those with more diversified economies and less dependence on single resources, such ...
Risks and Opportunities for Italian Businesses
In 2022, the global economy had to face considerable uncertainties, principally linked to the increase of inflation, the lack of energy, and the interruption of supply chains. Despite the difficult historical and global situation, economic and trade cooperation between the European Union and China and between Italy and China seems to maintain prospects for long-term growth. The actors involved are ...
The New Silk Road. One, None and a Hundred Thousand
Some time ago, a friend who works for a non-governmental organization was interviewed by a journalist regarding the risks linked to some Chinese projects to construct coal-fired power plants in a certain country of Southeast Asia. Although the local authorities had promised to work towards a carbon-free future, some of these projects had not been abandoned, and the journalist wanted to know if the ...
The Changing Face of India
La rubrica “La finestra sul mondo” approda come prima tappa in area BRIC (Brasile, Russia, India, Cina), volgendo lo sguardo verso i paesi emergenti, unanimemente riconosciuti strategici per lo scenario dell’economia globale del Terzo Millennio. Avendo ripreso il percorso della rubrica “Doing business in China”, dalla Cina muove prima di tutto all’interno dell’area asiatica, per guardare ...