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Assets worth over 9 million euros have been seized from the heirs of broker Massimo Bochicchio, who died in 2022 and was accused of fraud and illegal financial activity, with seals placed on real estate, company shares, and valuable works of art. #Truffa #MassimoBochicchio #SequestroBeni (translated)

The Italian financial plan provides 5 billion euros allocated to families and social spending, with a strong increase in resources for defense compared to healthcare, while the government awaits the outcome of negotiations with the EU on the margins of flexibility for military spending. #Manovra #Economia #Difesa (translated)

The author of the post argued that in Italy, wealth, including real estate and financial wealth, had increased by 45% over 30 years, while salaries had remained unchanged. He indicated that the data, adjusted for inflation, covered the period from 1995 to today and lamented that the focus was always on wages without noticing the trend in wealth. https://t.co/ocKBh5s9kO #Italia #Economia #Stipendi #IT (translated)

The timing for the financial maneuver is stretching, and uncertainty reigns, with the government trying to respond to the inflationary emergency without clearly defining the measures, including the controversial issue of the Irpef cut. #ManovraEconomica #LeggeDiBilancio #GovernoMeloni (translated)

Minister of Economy Giancarlo Giorgetti stated that the financial maneuver will be defined after the conclusion of the European procedure on the safeguard clause, underscoring the importance of flexibility and sustainability of public finances in a context of high economic uncertainty. #Bilancio2026 #FinanzaPubblica #EconomiaItaliana (translated)

Giancarlo Giorgetti emphasizes the importance of preserving Italy's financial credibility, highlighting that the economic maneuver will be defined at the end of the European approval procedure and that the country has demonstrated a significant ability to withstand in a complex international context. #EconomiaItalia #FinanzaPubblica #Dpfp2026 (translated)

The author provided a macroeconomic explanation for the need to redistribute wealth. He argued that Europe was accumulating financial wealth at the expense of workers and then transferring it to the US stock market. According to him, the stock market made Americans feel richer and encouraged them to incur debt and consume. https://t.co/CSv9TJiUG4 #Economia #Redistribuzione #Ricchezza #EU #US (translated)

"We reject the accusations of having made this law to tailor it to ourselves," said Alessandro Colucci (Noi Moderati), recalling among other things "the housing plan, the interventions on the energy plan. And - he adds - we are already working on the budget law." #LeggeElettorale #PoliticaItaliana #Democrazia (translated)

Carlo Calenda argues that capitalism is threatening democracy and calls for a wealth tax at the European level, warning that a financial crisis is imminent and denouncing manipulations in the electricity market by large energy companies. #capitalismo #democrazia #patrimoniale (translated)

A wanderer wrote that, while the Italians were dealing with cents at the gas station, the Sicilian financial law allocated 250,000 euros to each councilor to spend in their constituency. He also stated that in the cabinet of a man he sarcastically referred to as "gentleman," there were 17 under investigation, 2 arrested, and 2 referred to trial. https://t.co/YVKX45M89i #Sicilia #Politica #Corruzione (translated)

The author wrote that France seemed to be heading towards a social and financial crisis. He indicated a public spending of 57%, deemed a world record, a public debt of 118%, and an annual deficit of 5.4%, stating that French government bonds were crashing. He then recalled the total debt of the country and included a link, without providing a figure in the text. https://t.co/bzmQbxAze2 #Francia #Crisi #Debito #FR (translated)

France is experiencing the symptoms of a #financial #crisis. In the media, the famous "Spread" is mentioned, but now it is the one between France and Germany that has particularly widened today; French bonds are in free fall, Italian ones are losing but less, and German ones are almost stable. #crisi #finanziaria #economia #FR #DE #IT (translated)

The peaceful Russia in 2027 will further increase military spending while cutting school, pensions, and healthcare. While we are abundant with pseudo-intellectual politicians and "openly biased" journalists shouting against war-mongering Europe, solely responsible for the war that, according to them, Russia has suffered rather than declared, Moscow shows its willingness to dialogue by increasing military spending by an additional 27% year on year. This is reported by Reuters, which has seen a draft of the budget that will be presented to the Duma in the coming days. Defense spending is expected to rise to 17.1 trillion rubles (202 billion dollars) compared to the 13.5 trillion planned for 2026, an impressive figure in itself but even more chilling when considering the gap between projected and actual investments. This year, despite forecasts, the final defense budget could come close to 18 trillion, and the count may even be partial, as some expenses are classified and others are included in other chapters. In contrast, funding for social policies, which includes items such as pensions, payments to war veterans, and maternity allowances, will decrease by 7% in 2027. Education funding will decrease by 6% and healthcare by 6.8%, compared to the initial plan. Spending allocated to the "national economy" section, which includes road construction and other infrastructure projects as well as subsidies for agriculture and other sectors, will be reduced by 7.4%. Significant increases in taxes and public utility rates are also expected. The drastic worsening of the financial situation in recent years has forced the Kremlin to drain its financial reserves, increase the deficit, and raise public debt, which in 2027 will continue to grow to 21.7% of GDP - according to Moscow's optimistic forecasts - surpassing the 20% threshold considered "safe" for economic and financial stability. Debt poses a systemic danger given the crazy interest rates the Russian central bank has had to impose to curb runaway inflation. Indeed, 9.4% of the 2027 budget will be spent on debt service, rising to 10.6% by 2029. When someone tells us that peace is not being made because "Europe has not yet appointed its representative for negotiations" or that "Zelensky has banned talks by decree," instead of saying that Russia has so far rejected all ceasefire and truce proposals, that it spends on weapons, in purchasing power terms, as much as our entire continent, and that it already teaches young generations to hate us and how to fight us, we know they are mainly trying to hide from us that to the east there are those who see us and treat us as an enemy and have dedicated their entire economy to our destruction instead of the well-being of their people. (translated)

Il #Milan ha chiuso l'esercizio 2025/26 con €464,6 milioni di ricavi. Chiuso l’esercizio con un risultato netto negativo per circa €24 milioni, dopo tre stagioni consecutive in utile. I ricavi commerciali mantengono un andamento positivo, con le sponsorship che superano per la prima volta la soglia dei €100 milioni. La Posizione Finanziaria Netta si attesta a €145,3 milioni, rispetto a circa €92 milioni dell’esercizio precedente, a fronte di un patrimonio netto pari a €176,4 milioni. (Fonte AcMilan) #Milan #Calcio #Finanza

Il presidente Lula ha vietato le scommesse sportive e i casinò online in Brasile a partire dal 6 ottobre, scatenando proteste nei confronti di questo decreto da parte dei club di calcio, che temono per la sostenibilità finanziaria del settore. #GiocoDazzardo #Lula #CalcioBrasiliano