Tag: snow

European banks’ (and Unicredit’s) record: 100 billion profit in 2023

European banks’ (and Unicredit’s) record: 100 billion profit in 2023

Given high interest rates and a credit crunch, 2023 has been a tough year for those with or trying to get a variable mortgage. But on the other side of the fence are those who can crack open the champagne bottles and obtain dream dividends and bonuses for shareholders and employees: Europe’s leading banks have […]

Much of the United States is still experiencing subzero temperatures and is on alert

Much of the United States is still experiencing subzero temperatures and is on alert

The National Weather Service (NWS) indicated that heavy freezing rain is expected in parts of the Cascades region to the west, with snow accumulations reaching the edge of the Cascades. 60 centimeters. The agency predicts the center of the storm will move into the Mississippi Valley today and snowfall will spread from the north central […]

Roof of the gym collapsed during training due to heavy snow: Three deaths under debris

Roof of the gym collapsed during training due to heavy snow: Three deaths under debris

Three people died when the roof of a sports center collapsed in Jiamusi city, Heilongjiang province, northeastern China. The disaster occurred in a few seconds at 19.20 local time on Monday evening, while seven young people were playing basketball in the facilities where training was held every day and whose total area was approximately 2 […]

Analysis of how much Italian banks earn with the rise in interest rates Record revenues by the bankers themselves. The government’s tax on extra profits separates policy and experts. Who is right? A little data to get an idea

Analysis of how much Italian banks earn with the rise in interest rates Record revenues by the bankers themselves. The government’s tax on extra profits separates policy and experts. Who is right? A little data to get an idea

A measure of “social equality” or a counterproductive populist movement? The tax on the extra earnings of Italian banks, announced by the government at the beginning of the week and approved by the Bag Decree, divided the political parties and created a chorus of criticism. As Deputy Prime Minister Matteo Salvini explained, the tax was […]

“No more help with bills”: warning from Brussels to governments

“No more help with bills”: warning from Brussels to governments

The European Commission said this more bluntly at its last meeting with the bloc’s finance ministers: aid to labor bills “must be temporary and gradually disappear as energy prices fall”. The European Central Bank was tougher: support measures should be withdrawn “immediately and in an agreed manner”. So the message from Brussels to Frankfurt is […]

Putin’s trap set for Italian companies remained in Russia

Putin’s trap set for Italian companies remained in Russia

More than 200 large European companies continued to do business in Russia after the outbreak of war in Ukraine, as they had before the invasion. According to the Yale University listing, a dozen of them are Italian: giants like Unicredit and leading brands like Benetton and De Cecco. However, they now risk having to pay […]

How Europe’s surplus is driving supermarket prices up

How Europe’s surplus is driving supermarket prices up

The head of the European Central Bank, Christine Lagarde, has warned businesses for months that excessive wage increases will only push inflation higher. A warning to which employers listen carefully. But now, to warn the ECB itself, it’s no longer salaries that are at stake, but the massive profits companies have amassed in recent months. […]

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