Il Bel Paese visto da fuori

“Situated above the Sicilian town of Catania, Mount Etna erupts frequently but rarely causes significant damage. With a documented history of eruptions dating back to 425 B.C., Mount Etna is known to have the longest recorded eruptive history of any volcano.” Fonte: NBC News Link: Eruptions from Italy’s Mount Etna illuminate Sicily’s sky

“Bussana Vecchia is a peculiar character in the lineup of chic resort towns that adorn the coast of the Italian Riviera. It clings to the top of one of the hills bunched above Sanremo, and the latest chapter in its long history begins with a disaster.” Fonte: BBC Autore: Catherine Bennett Link: Bussana Vecchia: The […]

“When authorities in depopulated Italian villages started offloading hundreds of empty old homes for a song, they were taking a bet on whether anyone would take the bait. Buying one of these crumbly properties requires extensive renovation, and Italians had never shown interest in recovering abandoned dwellings.” Fonte: Fortune Autore: Silvia Marchetti Link: How cheap […]

“Italy built four nuclear power stations in the 1960s and ’70s and had planned an ambitious expansion of its nuclear power capacity. But after the 1986 Chernobyl disaster in the Soviet Union, Italians voted overwhelmingly in a national referendum to end subsidies for the development of new reactors.”  Fonte: Financial Times Autore: Amy Kazmin Link: […]

“The price of coffee is set to rise from its current record high as climate change, shipping disruptions and new EU regulations drive up costs for roasters, Italian coffee giant Lavazza has warned.”  Fonte: Financial Times Autore: Susannah Savage Link: Coffee prices set to rise even higher, warns Italian roaster Lavazza

“The Italian island of Sicily might have abundant history, but the same can’t be said about its water supply.” Fonte: Fortune Autore: Prarthana Prakash Link: Sicily’s summer drought is so acute this year that it’s drying up lakes and forcing cities to turn away tourists because they don’t have enough water  

“But of the 6,500 superyachts sailing the world, only 6.5 per cent fly an Italian flag. If the vessels do not have such a flag, their stay in Italy is limited to 30 days, meaning lucrative refitting activities are often done elsewhere. This all limits the sector’s economic contribution to the Italian economy, say industry […]

“When Italy’s government extended guarantees on state-backed loans during and after the pandemic, little thought was given to potential delinquencies. Now that’s coming back to bite.” Fonte: Bloomberg Autore: Giulia Morpurgo e Sonia Sirletti Link: The State-Backed Debt Pile Causing Restructuring Pain in Italy

“What next, Bunga Bunga Airlines? A decision by the Italian government to rename Milan’s main airport after former Prime Minister Silvio Berlusconi has prompted an outcry in Italy.” Fonte: Politico Autore: Elena Giordano Link: Why not a sex den instead? Silvio Berlusconi airport sparks uproar in Italy

“Other luxury carmakers have struggled to go electric. Mercedes-Benz and Lamborghini have reduced their ambitions. Tesla reported declining second-quarter sales on Tuesday, and Ford Motor said in April that it would shift production to more hybrids as E.V. losses piled up. A growing trade war between China and the West also threatens to stifle growth.” […]