News

Italy taxes banks, reduces fiscal pressure amid ECB rate hikes

L. R.

8 August 2023 - 13:27

As the ECB monetary tightening puts greater pressure on European citizens, Italy decided to tax the bank’s extra profits.

Neom: how Saudi Arabia plans to destroy the Arabian desert with a "futuristic" city

Money.it

8 August 2023 - 08:00

The futuristic city-state in the Arabian Desert is funded by Crown Prince Mohammed Bin Salman to the tune of $200 billion. However, the project raises questions about its environmental impact.

Insight: why the world is still dependent on coal?

Money.it

7 August 2023 - 11:23

Prior to 2020, developed countries, especially in Europe and North America, were reducing their consumption of coal. Now, however, the demand is on the rise.

Weekly market movers: inflation takes center stage

Money.it

7 August 2023 - 11:07

Market mover from August 7th to 11th: the July inflation data from the main economies and beyond arrives. Lots of results to come.

Facebook Files: The White House forced Facebook to censor "inconvenient" news

Money.it

4 August 2023 - 08:00

The Facebook Files confirm how governments and intelligence are exploiting the battle against fake news to silence divergent voices, going so far as to impose censorship of true but "inconvenient" news.