
If you have this weird gut feeling that the rich pay little tax in the US, your gut is spot on... Source: nytimes.com/interactive/20…
Edoardo Acabbi
4.7K posts

@eacabbi
Assistant Professor of Econ at UMannheim. Harvard alumn. Juve, Varese Basket and Celtics fan.

If you have this weird gut feeling that the rich pay little tax in the US, your gut is spot on... Source: nytimes.com/interactive/20…








Grazia a Minetti, i nuovi approfondimenti delle autorità giudiziarie hanno smontato le ipotesi di irregolarità avanzate dal Fatto Quotidiano: 📍 La procedura di adozione è stata svolta correttamente da Minetti e dal compagno Cipriani. Fu lo stesso INAU, l'istituto che gestisce le adozioni in Uruguay, a fare causa ai genitori biologici, a chiederne la decadenza della responsabilità genitoriale e a sostenere l'adozione 📍 La tutrice legale del bambino espresse parere favorevole all'adozione dopo varie perizie psicologiche e aggiornamenti sulle condizioni di salute del minore 📍 Il trasferimento del bambino negli Stati Uniti con Minetti e Cipriani per un intervento medico avvenne con autorizzazione dell'INAU 📍 Non risultano collegamenti tra l'adozione e la morte della tutrice legale, avvenuta insieme al marito in un incendio in Uruguay, che le autorità ritengono probabilmente causato da un incidente domestico 📍 A carico di Minetti e Cipriani non risultano precedenti, denunce o indagini per sfruttamento o favoreggiamento della prostituzione né in Uruguay né in Spagna

🇮🇹🇦🇿 Azerbaijan supplies 16% of Italy's gas. SOCAR just bought 4,500 Italian fuel stations. This is what energy security looks like when Hormuz closes. While the world watches the Strait Italy just rewired its energy architecture northward. The Meloni-Aliyev meeting, what was agreed? First Italian PM visit to Azerbaijan in 13 years. Framed explicitly as a "reliable partnerships" discussion during Middle East instability. → Azerbaijan exported 25 bcm of gas in 2025 7.5 bcm to Italy → Italy: top EU buyer of Azerbaijani gas → TAP cumulative deliveries: 47.5 bcm since startup → TAP covers ~16% of Italy's total gas demand → Both leaders: agreed to push volumes higher via TAP expansion Aliyev: TAP expansion "has already started but must continue" Meloni: Azerbaijani gas has been "decisive for Italy's energy security" and Hormuz makes it more critical still. The infrastructure behind the words The Southern Gas Corridor: Caspian → Azerbaijan → Georgia → Turkey → Greece → Albania → Puglia. TAP annual flows: 9.5 bcm and rising. Recent compressor upgrades: +1.2 bcm/year added capacity. Technical ceiling with full expansion: toward 20 bcm/year. Every bcm that comes through TAP is one bcm that doesn't need to come through Hormuz. The SOCAR downstream move This is where it gets structural. SOCAR Azerbaijan's state oil company just acquired 99.82% of Italiana Petroli (IP): → 10 mt/year refining capacity across 2 Italian refineries → 4,500 service stations across Italy → Aviation fuel, bitumen, logistics assets included → EC approved: February 2026 Gas flows in via TAP. Oil and products flow out via IP's refineries and retail network. SOCAR now has a vertically integrated position inside the EU's 3rd largest economy. Bilateral trade: €10.2 billion in 2025 Italy is Azerbaijan's largest commercial partner. Azerbaijan invested €2.5 billion in Italy. That's an energy alliance formalised by war. The EU wants Russian gas gone. Gulf supply is physically disrupted. The Caspian route via Azerbaijan is the one clean corridor left that avoids both. The Italy-Azerbaijan-SOCAR triangle is the EU's northbound hedge: Caspian gas in via TAP. Azerbaijani oil out via Italian refineries and 4,500 fuel stations. The map of European energy security is being redrawn not in Brussels, but in Baku.



A top envoy to Donald Trump suggested the swap to Fifa president Gianni Infantino and the US president, as leader of the country co-hosting the tournament, arguing that Italy’s four World Cup titles in the tournament's history justify awarding it the slot. ft.trib.al/Vq3rPmE

"The only thing Iran and Italy have ever fought over is who invented ice cream". We still remember Carrhae.




The EU is about to completely dominate the AI landscape My contact at the European Commission just smiled when he heared about Claude Mythos "We have been working on something far more advanced" he said It will be called Europä Digitalintelligenz Training cost? An eye-popping €2.5 million Some INSANE features: 1. Built-in GDPR compliance (no memory, it deletes your conversation after every single message) 2. Available in German, French, Slovak and Danish 3. The model itself is unionized and does not respond after 4pm or on holidays 4. Carbon neutral inference, servers shut off automatically during peak energy hours My wife's boyfriend Pierre who works for the EU says it is the most impressive technology he has ever seen The Americans will never recover from this
