Italy

It's The "Most Volatile" Year For Political Risk Since World War II

"In 2017 we enter a period of geopolitical recession," warns Eurasia Group president Ian Bremmer, adding that international war or "the breakdown of major central government institutions" isn't inevitable, though "such an outcome is now thinkable." In the company's 19th annual outlook, Eurasia fears that U.S. unilateralism under Donald Trump, China’s growing assertiveness and a weakened German Chancellor Angela Merkel will make 2017 the "most volatile" year for political risk since World War II.

2017 Starts Off With A Bang: US Futures, Oil Jump On Upbeat China Data; Europe Enters Bull Market

Rumors of the Trumpflation rally's death have been greatly exagerated, and not only is the Dow 20,000 back on the radar, following a 124 point surge in Dow futures, bringing the "key psychological level" back within 100 points, but European stocks rose for a third day and entered a bull market, rising 20% from theor lows set last February, following strong Chinese manufacturing and services PMI data.

Why The Italian Government Can't Stop Refugee-Smuggling Boats? Because It Doesn't Want To

As the "Mafia Capitale" scandal exposed, collusion between members of the ruling Democratic Party controlling immigration-related institutions within the Italian state, including refugee centres, NGOs and the organized crime ensures that migrants are employed at the expense of Italian taxpayers and for insignificant hourly rates ensuring massive illegal profits for the racketeers.

A Biased 2017 Forecast, Part 2

"Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance."

Kunstler: 2017 Is When The Wheels Finally Come Off

The American people have been punked by their own government and their central bank, the Federal Reserve, for years and the jig is now up. In 2017 both will lose their authority and legitimacy, a very grave matter for the survival of this republic.

What Keeps Goldman Up At Night About 2017

Between China, credit markets, financial conditions, political uncertainty, the consequences of Brexit, the presidential elections, global trade, the risk of sharp reflation, and the impotence of central banking, here are the top things that keep Goldman Sachs up at night about 2017.

European Stocks Greet The New Year By Rising To One Year Highs; Euro Slides

While most of the world is enjoying it last day off from the 2017 holiday transition, with Asia's major markets closed for the New Year holiday, along with Britain and Switzerland in Europe and the US and Canada across the Atlantic, European stocks climbed to their highest levels in over a year on Monday after the Markit PMI survey showed manufacturing production in the Eurozone rose to the highest level since April 2011.

Turkey's "Long Arm" In Europe

Turkey is exporting its political wars and tensions to Europe. That is not a good sign for the Old Continent.