Global Issues

The Med: hub or flashpoint?

Enduring conflicts and unresolved disputes in the Eastern Mediterranean promise to shape – and constrain – the development of offshore energy in the near future. Shaky relations throughout the region hinder a growing roster of global stakeholders, forcing geopolitical and commercial interests to maintain a fine balance...

The great transition

The world is experiencing another energy transition. Over the past few centuries, we have gone from wood to coal to oil, gas and nuclear; now we are shifting towards renewables. Consequences for society are inevitable – the trick is to manage them to our advantage.* * *...

On energy and responsibility

Italy’s power system is undergoing a major transition and the country needs investments, focused on innovation and digitalization. Terna is supporting a sustainable growth, ensuring security of supply for an efficient and resilient network.* * *...

Twenty energy years from now

In June 2038 – with the energy transition behind us – things are looking up for those utilities and operators that have embraced the change. Our energy future is cleaner, more sustainable, more flexible and less expensive thanks to farsighted policies that altered the dynamics of demand and supply...

Brasile 2018: le elezioni surreali

Il 7 ottobre, più di 147 milioni di brasiliani andranno alle urne per eleggere il nuovo Presidente della Repubblica, più coloro che a partire dal gennaio 2019 saranno i nuovi deputati, senatori e governatori dei vari stati federali...

Debito globale, sostenibilità e rischi: un problema serio ma non un motivo di panico

Il Direttore Generale del FMI, Christine Lagarde, ha in varie occasioni nei mesi scorsi richiamato l’attenzione di governi e banchieri centrali sulla notevole crescita del debito, pubblico e privato, che si è manifestata negli ultimi anni a livello globale...

Il problema è il debito? Sic et non

Secondo le stime del Fondo Monetario Internazionale il debito globale (debito pubblico e debito privato) ha raggiunto la cifra di 164 trilioni di dollari (dati 2016), pari al 225% del Pil mondiale...

Migration in the EU: a decision-making crisis

2015 will be remembered as the year in which the European Union was flooded by an unprecedented number of migrants from the Middle East and North Africa, posing an impressive operational, financial and organizational burden. While numbers have since decreased, since January 2015, almost 1.6 million people have crossed into southern Europe, with more than 13,000 found dead or missing...

Social democracy facing the challenge of populism

After Germany and France, the Italian elections and the new government’s first steps confirm that the rise of populism in Europe affects all countries. At the same time, in these founding member states of the European Union, social democracy weakens dramatically when it does not collapse. Populism is also a major driving force behind the Brexit vote and the Catalan crisis...

Two Americas and the lost center

All my life, I’ve been considered very liberal (that means basically “left,” in American usage)...