{"id":72038,"date":"2014-04-22T15:34:00","date_gmt":"2014-04-22T13:34:00","guid":{"rendered":"https:\/\/www.aspeninstitute.it\/pin\/week-april-11-17\/"},"modified":"2014-04-22T15:34:00","modified_gmt":"2014-04-22T13:34:00","slug":"week-april-11-17","status":"publish","type":"pin","link":"https:\/\/www.aspeninstitute.it\/en\/pin\/week-april-11-17\/","title":{"rendered":"The week of April 11 – 17"},"content":{"rendered":"

World capital is betting on Italy<\/strong> \u2013 Both private companies and institutional investors are showing even more interest in italy. According to the Wall Street Journal<\/em>, last year Italian asset managers brought in a flow of 48 million euros, the record for the last 14 years (April <\/strong>15 – Italian Funds Attract Record Cash<\/a>),  while the paper\u2019s  Money Beat<\/em> blog explained that everyone is eyeing the new issue of the Italian Treasury inflation-linked bonds<\/strong> after the record of the previous year (April <\/strong>11 –  Italian Bonds: This Time for Retail Investors<\/a>). And the offering was indeed successful. As Bloomberg<\/em> reported on April 13, demand exceeded 6.7 million euros on the first day (Italy Tests Retail Investors\u2019 Interest for Inflation-Linked Bond<\/a>).<\/p>\n

However, the foreign press did not only concentrate on capital market investments. Bloomberg<\/em> also wrote about one of the great European investments funds, Partners Group, <\/strong>which has just invested in photovoltaic plants<\/strong> in Italy, with the idea of acquiring others in the future (April <\/strong>14 – Partners Group Acquires Solar Plants in Italy, Plans to Buy More<\/a>). Instead, The Times<\/em> ran an article on real estate, telling readers that Venice<\/strong> is one of the markets with the best performance in the purchase of second homes by the wealthier British (April <\/strong>11 – Palazzo living in the heart of Venice<\/a>).<\/p>\n

Women at the head of Italia Spa<\/strong> \u2013 Things are apparently changing at the head of the Italian Treasury holding. Government appointments to the boards of directors (Bloomberg<\/em> –Descalzi, Starace Nominated to Eni, Enel Posts in Italy Shakeup<\/a>; El Pais – <\/em>El Gobierno italiano nombra a Francesco Starace como sustituto de Conti en Enel<\/a>) were the subject of several articles in the foreign press which \u2013 on April 15 \u2013 welcomed three women managers (Emma Marcegaglia, Patrizia Grieco <\/strong> and Luisa Todini<\/strong>) to the head of the large public group. Special attention was paid to these events by the two major international financial papers: the Financial Times<\/em> (Women to the fore as corporate Italy embraces change<\/a>) and the Wall Street Journal <\/em>(Italy SpA Welcomes Three New Chairwomen of the Board<\/a>), as well as the German papers (Die Welt: Frauen \u00fcbernehmen die Macht in Staatskonzernen<\/a>; Faznet: Italien wechselt Manager von Staatskonzernen aus<\/a>).<\/p>\n

Fashion and design<\/strong> \u2013 Brunelle Cucinelli<\/strong> declared to Bloomberg<\/em> that he was full of optimism, not only for his own group, but the high end market in general. The manager reported that he saw a rosy future for Italian luxury goods for 2014  (April <\/strong>14 – Cucinelli Sees Rosy 2014 Amid Strong Demand for Exclusivity<\/a>). <\/strong>Of course, as the CEO of Pomellato \u2013 Andrea Morante<\/strong> \u2013 declared in a video interview, again to Bloomberg<\/em>, the sector will have to face the challenges of internationalization and size (April <\/strong>14 –Luxury Companies Will Face Problem of Size: Morante<\/a>). Still, as always, there was interest in fashion, seen in the success of \u201cItalian Glamor,\u201d the exhibit in Rio dei Janeiro of 120 creations by the great Italian designers (O Globo<\/em>, April <\/strong>11 – Exposi\u00e7\u00e3o ‘Italian glamour’ encanta leitores do ELA <\/a>). And while the Washington Post, <\/em>the New York Times<\/em> and Die Welt<\/em> reported on the trends seen at the Milan Salone del Mobile, the world\u2019s largest \u2013 according to the papers \u2013 which can capitalize on Italian excellent in interior design and craftsmanship (April <\/strong>14 – Invention loves collaboration at Milan show<\/a>,  April <\/strong>16  In Milan, Putting a Pretty Face on It<\/a>; 17 – Die Neuheiten des Mail\u00e4nder “Salone”<\/a>) , other papers ran articles about industrial design and the automotive industry. The Washington Post<\/em> told the story of the return of Alfa Romeo on the US market with the 4C sports car, a small supercar \u201d (April <\/strong>16 – Alfa heads to US in June with sporty $54,000 4C<\/a>) and Bloomberg Businessweek<\/em>  reported on the success of the concept Maserati<\/strong> Alfieri (April <\/strong>15 – Maserati Weighs New Alfieri Sports Car After Orders Triple<\/a>). Bloombergy <\/em>also visited the headquarters of Pininfarina<\/strong>, designing luxury cars for 80 years (Bloomberg Businessweek<\/em>, April <\/strong>15 – Inside the Design Studio Where Ferraris Are Born<\/a>) and the Spanish Expansion<\/em> gave a test run to the California, the motorcycle that expresses the Guzzi<\/strong> way of life (April <\/strong>15 – California 1400 Touring, verdadero Moto Guzzi ‘way of life’<\/a>).<\/p>\n

Culture, tourism, and cuisine<\/strong> \u2013 The spotlights were again trained on Italian culture. The Daily Beast<\/em> reported recent archeological discoveries that trace the birth of Rome<\/strong> to one hundred years before the famous 753 BC (April <\/strong>14 – Rome 100 Years Older Than Thought<\/a>), and El Pais <\/em>discovered that the gates of Ostia Antica were larger than previously believed (April <\/strong>16 – El puerto de Ostia Antica era tan grande como Pompeya<\/a>). El Mundo<\/em> stayed in the Eternal City to talk about Pier Paolo Pasolini<\/strong> not long before the 40th<\/sup> anniversary of his death (April <\/strong>15 – Pasolini: la conciencia maldita<\/a>). And as far as tourism is concerned, the Financial Times<\/em> published a piece about the UK TV show \u201cThe Trip\u201d, focused on Italy, with a six episode journey in Italy, from Piedmont to Capri  (April <\/strong>11 – On location: \u2018The Trip to Italy\u2019 with Steve Coogan and Rob Brydon<\/a>). Finally, Bloomberg Businessweek<\/em> wrote about reasoning behind the world championship of pizza, including a video on the contest for the world\u2019s best pizza maker just held in Parma (April <\/strong>11 –  Why Pizza Has Its Own World Championship<\/a>).<\/p>\n

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