Arts - 3 Gennaio Hudson Yards: The Obscenity and The Ecstasy of Wealth and Luxury in New York Yesterday, since the forecast was for some sun and a high temperature of 54ºF –a rarity for January in New York, I took the subway to Hudson Yards on 34th Street and 11th Ave. The plan was to explore a little, then visit the new addition to Penn Station, the Moynahan Train Hall, and continue […]
News - 1 Novembre 2020 Trump, like Humpty-Dumpty, Is Heading for a Fall The day of reckoning is approaching for America: “This is what happens when increasing debt, expanding wealth inequality, and the rise of a great power, combine to challenge the existing hegemony. The United States, with 9.1 million Covid infections and 230,000 dead, is still lacking a national strategy to contain the epidemic and to prevent social unrest. The American economy, for the time being, is being kept afloat with massive injections of ‘helicopter money’”.
New York - 1 Ottobre 2020 Foundations Launch “NYC Small Business Resource Network” to Aid Small Businesses "The future of our city depends on how we mobilize to support entrepreneurs who bring unique products and services to the shopping areas of our neighborhoods. They make New York City infinitely exciting and special. We can't disappoint them," said Sarah Jessica Parker. Today an initiative was launched to support small entrepreneurs, who have been hit hard by the pandemic and the economic crisis.
Travel - 5 Settembre 2020 Italy’s Amalfi Coast in the Aftermath of Covid-19: Still Paradise, Waiting for You! There were far fewer tourists than usual and no Americans, and this is a very big problem for all of the Amalfi Coast and the many businesses that depend on tourism – and especially American tourists – for their livelihood. Safety precautions were being respected scrupulously everywhere, and everyone hopes that the pandemic will end soon and that Americans will return to this beautiful region where they have been coming in great numbers, ever since the end of World War II. An in-depth look at the economic effect that the pandemic has had on tourism in the Amalfi Coast and on the Italian economy in general.
News - 13 Agosto 2020 The State and Future of the “Pandemic Depression” and Global Wellbeing Leggi in italiano In the latest issue of Foreign Affairs, Carmen Reinhart and Vincent Reinhart, after an in-depth analysis of the current economic depression, launch a not too veiled appeal: “Officials need to press on with fiscal and monetary stimulus. And above all, they must refrain from confusing a rebound for a recovery.” The authors […]
News - 2 Agosto 2020 Economy and Covid-19: a Recovery in the Shape of V, L or K? Better as SOS In early 2020, humanity has lost its way. The World Bank, in its Global Economic Prospects report, made the following statement: “Covid-19 is the most adverse peacetime shock to the global economy in a century. This is forecast to be the fourth-worst global recession since 1871. Never since 1871 has such a high proportion of […]
New York - 3 Luglio 2020 (The New) NYC: Perpetually a Work in Progress, But We Rise to the Challenge Over these months I have had long and serious thoughts about the current state of our (beloved) city, and have come to realize that we are presently shrouded in a veil of sadness. As an optimist, I am hopeful that at some point we will regain our status and return to the vibrant and electrifying city that we are loved for. And without the need to add sorrow to our universal situation, suffice to say, the streets are unrecognizable, the empty store-fronts and ‘out of business’ signs devastating.
News - 20 Marzo 2020 Coronavirus: The Soon To Be Aftermath in the Business World. What Will It Look Like? Almost three months have gone by since the original COVID-19 outbreak in China in early December from last year, and the adverse macroeconomic effects the outbreak had on multiple industries have already been significant. In this scenario, as the market itself is incapable of reaching an equilibrium, the intervention of the national governments around the […]
Food & Wine - 5 Settembre 2019 Like the Mom-and-pop Corner Store, the Brick-and-mortar Restaurant is Dying. With cooking at home going the way of the dinosaur, we reach out for alternatives. Thanks to technology, meal delivery from restaurants is now widespread, but where is this food coming from, why do we need it and what is it doing to the dining industry?
News - 5 Aprile 2019 Globalization’s Wrong Turns and the Decline of the West According to Bazoli Responding to a question from La Voce about the role of the economy and banks in the quest for profit as well as the development of culture, Bazoli remarked: “Our bank has always been, by its tradition and history, very committed to social and cultural plans. I said before that worthy political policies are always magnanimous and generous: I could say the same of a bank. A great bank should be generous: not just for the gesture, but for the long-term effects of its generosity.”