maxmorici

🇯🇵 Japanese PM Sanae Takaichi makes it clear: "We will not retract our statements about Taiwan and China". The Japanese foreign minister Mr. Motegi also repeats the same claim. There will be no retractions or apologies to the CCP. Ever.

The debt situation in the US and Europe is unsustainable. Och, wait…

Top 5 best performing international stock market this year: Columbia: 98.9% South Korea: 82.7% Greece: 74.2% Czech Republic: 71.8% Spain: 70.5% For reference: US: 15.8%

in many european economies with predominantly pay-as-you-go pension systems, average public old-age pensions have grown faster than labour compensation since 2008 given the demographic shift ahead, it’s increasingly hard to argue that this model remains fair to young workers

I have never understood the massive economic divide in Italy. Why is the North with its various industries one of the wealthiest areas in Europe, but the South so extremely poor? Same country, same language, same laws and taxes. Can someone please explain?

Italy's debt dynamics are bad. The primary deficit (blue) is down so far in 2025, but the overall deficit (black) has barely shrunk because interest expense (red) is huge. Now recall that past ECB interventions help hold down Italian yields artificially. Totally unsustainable...

Lettori speciali del Foglio: questo è il numero di mercoledì scorso