The author wrote that when the system jammed — as in the case of Greek banks or MontePaschi — the State intervened to cover the gap, before everything started again. He added that banking accounting, in use for centuries, was not explained because, in his opinion, the public would understand that banks created money. The post stopped in the middle of the sentence. #banca #economia #finanza #GR #IT (translated)
Pope Leo XIV wrote that the Gospel of the day, citing Mt 22:1-14, told of the wedding feast organized by a king for his son. He said that the feast represented that of the faithful and that the banquet hall was the churches, homes, and places where they lived, where Jesus Christ returned every day to declare his love and to await their assent. #Fede #Gesù #Vangelo (translated)
Rosario Aitala, deputy president of the International Criminal Court, told Corriere della Sera that the sanctions announced by the United States were preventing judges from carrying out both public and private activities, and that for many of them, the effects were already in place. He reported that they were subjected to measures similar to those reserved for terrorists: revoked credit cards, closed bank accounts, and canceled insurance contracts, with some companies refusing to reimburse medical expenses. According to Aitala, many apps on their phones had stopped working and it was forbidden to book hotels or flights through platforms. As an example, he recounted that Alexa no longer responded to a colleague after he asked her to play blues music. Another European colleague, he added, had booked a room in his own country through a European platform and, after half an hour, received an email ordering him not to try again. #Giustizia #Sanzioni #DirittiUmani (translated)
The increase in yields and the decline in the value of government bonds in Italy are caused by global macroeconomic factors such as inflation due to energy shocks, competition with corporate bonds from artificial intelligence, and the end of quantitative easing by central banks. #DebitoPubblico #Inflazione #TitoliDiStato (translated)
The Italian government is struggling to finance the Budget Law, focusing on raising taxes on energy, banks, tobacco, and gambling. #manovra #economia #tasse (translated)
Pillay jokes that if the audience applauds again, he might share the stage with Trump, while Salvini hopes for a voluntary contribution of 5 billion from banks and insurance companies for the maneuver. #Salvini #bancaeassicurazioni #manovra5miliardi (translated)
In Marble Hill, a resident of New York was shot by an ICE agent in a residential neighborhood. Agents had surrounded his car in a residential area, and there was a 5-year-old child in the back seat, city mayor Zohran Mamdani stated Thursday evening on platform X. #ProtesteNewYork #ICE #Bronx (translated)
Nikolay Storonsky, founder of Revolut, argues that artificial intelligence and digital technology are revolutionizing the banking sector, calling for less bureaucracy to promote the growth of the European Union. #Revolut #Fintech #BancheDigitali (translated)
The post stated that Il Sole 24 Ore had outlined a solution to increase birth rates, described as practical, realistic, and immediately applicable, without increasing the deficit or encountering obstacles from the EU. The proposal involved leveraging banks to provide loans of 100,000 euros at 1%, guaranteed by an unspecified party in the text. #natalità #economia #finanza #IT #UE (translated)
Claudio Borghi A. had explained that, in his opinion, gold had been secured because some people considered TARGET2 balances to be debts to be paid or credits to be received by central banks. He had used an offensive expression to refer to a person and had said that it would have been unthinkable to leave gold exposed to creditors while the rest of the EU was not. #oro #finanza #UE (translated)
Matteo Martari, in the article True Men, emphasizes the need for significant commitment to change, while Milan finds itself in a negative position in Europe with Unicredit and Intesa leading the decline of banks. #BorsaMilano #Unicredit #Intesa (translated)
On October 7, Israel commemorates the third anniversary of the Hamas attack, while Milan records the worst performance in Europe, with Unicredit and Intesa leading declines in the banking sector. #Borsa #Milano #Banche (translated)
The president of Abi, Antonio Patuelli, reaffirmed the banks' refusal of a new contribution in the budget law, citing an existing three-year agreement and emphasizing the need for quicker rules to promote investments in the energy transition. #banche #leggedibilancio #transizioneenergetica (translated)
Former British banker Simon Andriesz, known for revealing the connections between American Secretary of Commerce Howard Lutnick and Jeffrey Epstein, was found dead, with suspected suicide, leaving behind a career affected by these revelations. #JeffreyEpstein #integritate #sinucidere (translated)
Camilla Conti reported that Matteo Renzi, leader of Italia Viva, had described Giorgetti's actions on Unicredit as "infamous" and had asked him to stop intervening in the banking risks, concluding the works of Leopolda 14 in Florence. Conti recalled that in July 2016, Renzi had breakfast with Jamie Dimon, then head of JPMorgan, asking him to intervene on Mps. According to what Vittorio Grilli, now president of Mediobanca, revealed the following year to the parliamentary inquiry commission, that meeting triggered the resignation of the then CEO of Monte, Fabrizio Viola, and the president Massimo Tononi, who is now at the helm of Banco Bpm. #Politica #Banche #Italia (translated)
The spread has increased due to the war in Iran, rising oil prices, and the restrictive monetary policies of central banks, bringing Btp yields to 4.6% and creating tensions in European markets. #mercati #inflazione #Btp (translated)
La decisione dell'Eni di introdurre un tetto al prezzo dei carburanti ha scatenato una competizione tra i partiti del centrodestra, con la Lega che chiede un contributo significativo dalle banche, mentre Forza Italia rivendica la mossa come una vittoria politica e critica l'opposizione per la sua mancanza di proposte strutturali. #carburanti #Eni #prezzi
Alla fine l’hanno fatto. Erano mesi che lo dicevo. ENI è un’impresa price leader controllata al 30% dallo Stato: le sue decisioni condizionano quelle delle altre imprese che saranno costrette a fare altrettanto. Funziona così il mercato oligopolistico. Lo avrebbero dovuto fare mesi fa. Questo è il motivo per cui servono imprese pubbliche nei settori strategici e banche pubbliche. Le privatizzazioni hanno massacrato l’economia italiana Stefano Sylos Labini #Economia #SettoriStrategici #Privatizzazioni
Melania Trump sorprende parlando positivamente della sua infanzia sotto il comunismo in un'intervista a Fox News, mentre l'atmosfera alla Casa Bianca si scalda per un banchetto in onore del presidente cinese Xi Jinping e della moglie Peng Liyuan. #MelaniaTrump #XiJinping #DiplomaziaDelPanda
