Political turmoil in Italy spreads to global financial markets

As Europeans begin to head south for the summer, the market seems to be following them

Political turmoil in Italy spreads to global financial marketsBy Kenneth Kaczkowski and Isaac Maresky Troy Media exclusive The political trouble brewing in Italy has spilled over to global markets. The consequences are serious. As Italy’s newly-elected prime minister failed to form a government, Italian short-term bond yields had their biggest spike in 26 years. And the turmoil in Italian bond markets spread into…

Kate Harris’ Lands of Lost Borders a masterpiece

In Lands of Lost Borders, Kate Harris ruminates on 10 months aboard a bicycle along the Silk Road once conquered by Marco Polo

Kate Harris’ Lands of Lost Borders a masterpieceLands of Lost Borders: Out of Bounds on the Silk Road By Kate Harris Knopf Canada, 2018 Kate Harris is a Canadian Rhodes Scholar who studied the history of science at Oxford, dropped out of her microbiology PhD at the Massachusetts Institute of Technology, and instead has found her métier as a modern-day explorer. Channeling…

Learning economic lessons from an Old World master

An IMF report uses Italy to highlight the dangers of a bloated, unproductive public sector, but it is just pertinent to Canada

Learning economic lessons from an Old World masterThe International Monetary Fund (IMF), in a study released with its latest Global Financial Stability Report, chided Italy, a perennial underperformer famous for its large, unaffordable and growth-stifling public sector. Why does this matter to anyone outside that beautiful, historic Mediterranean country? Because the follies of the modern Romans aren’t unique. They suffuse Canada and…