Why Italy’s stagnation could be the future for the entire eurozone | Riccardo Bellofiore | Comment is free | theguardian.com.
This summer Italy fell into a triple-dip recession. After the 2008/09 collapse, the economy stagnated, heading back into recession during 2011 and never really recovering. The philosophy of Giulio Tremonti, who was the economic minister at the time, was to wait and see, until speculation killed Berlusconi’s government. Prime ministers Mario Monti and Enrico Letta followed Brussels’ self-defeating diktat for fiscal rigour, but even with moderate deficits the public debt/GDP ratio soared.
The situation remained under control only (Read more…)
Youth unemployment reaches record high – English – ANSA.it.
(ANSA) – Rome, July 31 – Unemployment among young Italians climbed last month to 43.7%, a level not seen in 37 years, according to statistics Thursday that presented further evidence of the continuing weakness in the country’s lackluster economy.
The jobless rate among Italians aged 15 to 24 rose from a revised 43.1% in May, said national statistical agency Istat, adding that June’s level of 43.7% was the highest since it began keeping quarterly jobs statistics in 1977.
“The economic situation is less than favourable,” said Economy (Read more…)
My sister in Italy, again this year
My sister is travelling again through various places in Italy again this summer. Here is the blog posting pics and notes, most writing from her friend Karen. I enjoy reading about the places she gets off to, so I’m sharing this with all of you. Its fun, it’s personal. And the pictures are quite good.
Filed under: art Tagged: italy, travel
Atlanta isn’t known for being a walkable city. Florence, Italy has a better reputation.
This is kind of mind blowing, and should have people thinking about overpasses and cloverleaf highways in a different way. Auto-sprawl has many costs.
Florence Italy and a highway interchange in Atlanta at same scale. @stevemouzon goo.gl/68yzg0 http://t.co/3dKQkgXHdg— TreeHugger.com (@TreeHugger) June 12, 2014
Most of the coverage regarding the Eurozone crisis has understandably focused on the politics of austerity. Less attention, however, has been paid to the longer term trends in the industrial relations of those countries hardest hit by the crisis: Portugal, Italy, Ireland, Greece and Spain; the so-called PIIGS countries.
Recent data from the European Industrial Relations Observatory reveals some interesting trends in the relationship between capital and labour in the context of the Eurozone crisis. More specifically, it reveals a trend towards declining labour costs and rising labour productivity, meaning that the so-called ‘recovery’ is being constructed by squeezing workers, (Read more…)
Italy’s National Institute of Statistics recently announced that next year it will start including activities such as prostitution and illegal drug sales in the country’s Gross Domestic Product.
And why not. After all, these activities create jobs and incomes and are therefore an integral part of a national economy. Estimating them will present a challenge, of course, as they are not usually
EU officials plotted IMF attack to bring rebellious Italy to its knees – Telegraph Blogs.
The revelations about EMU skulduggery are coming thick and fast. Tim Geithner recounts in his book Stress Test: Reflections on Financial Crises just how far the EU elites are willing to go to save the euro, even if it means toppling elected leaders and eviscerating Europe’s sovereign parliaments.
Filed under: Austerity, Crisis, Democracy, Europe Tagged: Democracy, Eurozone Crisis, Italy, neoliberalism
Labour-reform decree gets final approval – English – ANSA.it.
The Lower House on Thursday gave final approval to the government’s decree to simplify Italy’s labour-market regulations. It passed with 279 votes in favour, 143 against and three abstentions. The decree has come under intense fire from trade unions, which say it will further weaken job security. Premier Matteo Renzi’s executive had to put the decree to three confidence votes to speed up its passage through parliament and quash dissent over the measure from within the ruling coalition.
The legislation is part of a drive to simplify Italy’s current myriad (Read more…)
Filed under: art Tagged: Cinque Terre, italy, Popsicolor, procreate app
I think I fixed the composition problems from the first version. Looking back on Vernazza in the Parco Nazionalle de Cinque Terre, Italy.
Filed under: art Tagged: art, Cinque Terre, good stuff, italy, landscape, light, mountains, seascape
Some interesting treatment in the buildings. The space isn’t too awful, but the surface of the piece itself is a mix of styles. There is that 3D space from the bottom edge to the horizon played against the flat abstract of the buildings. The sky is not too bad, it’s both flat and roomy. But the water spreads itself luxuriously out before you, stretching into space, rather than, like the sky, bluntly compressed and quite forward. Interesting problems.
Filed under: art Tagged: italy, venice
Now, this… This is based on a photo grabbed in a glimpse of a second, looking back out of the car window. I tried working over the photo. But it was dead. Thankfully, deleted into oblivion. But redrawn fresh, and stretched into a memory, a quick remembrance of the Parco Nazionale della Cinque Terre, a promontory, looking back on Vernazza.
Filed under: art Tagged: Cinque Terre, italy
The 1700 year old part.
Filed under: art Tagged: italy, Rome
Raphael sleeps here.
Filed under: art Tagged: italy, Rome
All the secrets are inside.
Filed under: art Tagged: italy, Rome, Vatican, wall
Just about the only reason, really, to see the Vatican.
Filed under: art Tagged: italy, Vatican
Filed under: art Tagged: italy, naples, pozzuoli
Italian street artist Blu has created a towering critique of the militarization of Sardinia. His latest mural depicts the devastating impact that industrialization and military bases have had on the Mediterranean island.
In the south-east near Salto di Quirra, a rocket launching site run by the Italian Air Force, electromagnetic pollution, hazardous waste and depleted uranium are blamed for disturbing health conditions.
Lambs are being born with two heads or six limbs, and local residents are suffering from an astonishingly high cancer rate — 65% of those living in the area are reportedly suffering from lukemimia, a
. . . → Read More: Art Threat: Blu mural tackles Italy’s Chernobyl
Canadians aren’t too envious of Greeks, Italians, and Egyptians right now, but maybe they should be.
Though Canada has a relatively better economy and a stable political system, the other countries in the world facing crises have something Canada seems to be lacking, a resolve to make things better.
Facing financial collapse Greeks, who already work more hours than any other European country, are only adding more hours to their work week, some health professionals are even working for free. People across the country are becoming more informed, getting more politically active, and making their voices heard. These Greeks,
. . . → Read More: The Scott Ross: Canadians Should Envy Greeks
WikiLeaks continues to bring the world information that would otherwise be hidden from the masses, this time it’s millions of emails and documents from Syria. The Syria Files have been given to some media organizations to filter through (much like the last large release of documents from WikiLeaks).
This new release should shed light on the volatile situation in Syria and potential more. Already, it appears Italy was illegal helping Syria, who knows what else will be found. The more open and transparent countries are the more democratically they can function (the irony in all of this is WikiLeaks founder
. . . → Read More: Things Are Good: WikiLeaks Releases Syria Files
From democracy to banking, Europe has launched institutions that have shaped the world; with its recent financial crisis, Europe might be about to do it again.
The European financial crisis is only giving further legitimacy and urgency to greater European political integration. It is argued that with many economies dependent on each other, with a shared currency and shared markets, political decisions regarding spending and financial regulations need to be centralized or at least centrally moderated.
But if that argument has force, it stands to reason that a world financial crisis could justify a similar system of political integration, only
. . . → Read More: The Scott Ross: Europe’s Export of Political Integration
To this day, no one has been able to recreate the feat of naiant heroics that Byron managed in the dark fall of 1816. Having finished buggering Percy Bysshe Shelley senseless, Bryon decided to spend the winter in Venice. He … Continue reading →
Their leaders have names such as Durnwalder, Klotz, Widmann, and Mair. Their neighbours include Swiss, Germans and Austrians. And at the moment a good many of them are wondering why they should be saddled with the financial burden of remaining within cash-strapped Italy.
There has long been a secessionist movement in the northern Italian province of South Tyrol. The southern border with the rest of Italy is called, by der Spiegel, Italy’s Mason-Dixon line. The Tyroleans are the south’s rich cousins and they’re less than happy about having to pick up their share of Rome’s
. . . → Read More: The Disaffected Lib: Italy’s Mason-Dixon Line
Monday night at 6pm on The Rational on COOP Radio [livestreamed], 102.7fm in/around Vancouver:
Yas A with another instalment on Italian political song writers. Alnoor Gova interviews Kagan Goh and Imtiaz Popat about the world television premier of their documentary Stolen Memories on Sunday, March 4th at 9pm on OMNI TV. Alnoor Gova also has the sublime opportunity to interview the renaissance woman Carmen Aguirre, who was recently the winner of CBC’s Canada Reads. And you should definitely watch this excerpt from her time on Strombo, and you can see her in IMDB here.
February 13, 2012 . . . → Read More: Politics, Re-Spun: Yas A., Kagan Goh and Carmen Aguirre: Monday at 6pm on COOP Radio