stats
globeinteractive.com: Making the Business of Life Easier

   Finance globeinvestor   Careers globecareers.workopolis Subscribe to The Globe
The Globe and Mail /globeandmail.com
Home | Business | National | Int'l | Sports | Columnists | The Arts | Tech | Travel | TV | Wheels
space



Search


  This site      Tips

  

  The Web Google

  





  Where to Find It


Breaking News
  Home Page

  Report on Business

  Sports

  Technology

space
Subscribe to The Globe

Shop at our Globe Store


Print Edition
  Front Page

  Report on Business

  National

  International

  Sports

  Arts & Entertainment

  Editorials

  Columnists

   Headline Index

 Other Sections
  Appointments

  Births & Deaths

  Books

  Classifieds

  Comment

  Education

  Environment

  Facts & Arguments

  Focus

  Health

  Obituaries

  Real Estate

  Review

  Science

  Style

  Technology

  Travel

  Wheels

 Leisure
  Cartoon

  Crosswords

  Food & Dining

  Golf

  Horoscopes

  Movies

  Online Personals

  TV Listings/News

 Specials & Series
  All Reports...

space

Services
   Where to Find It
 A quick guide to what's available on the site

 Newspaper
  Advertise

  Corrections

  Customer Service

  Help & Contact Us

  Reprints

  Subscriptions

 Web Site
  Advertise

  E-Mail Newsletters

  Free Headlines

  Globe Store New

  Help & Contact Us

  Make Us Home

  Mobile New

  Press Room

  Privacy Policy

  Terms & Conditions


GiveLife.ca

    
rule
space
PRINT EDITION
space
Globe Columnists
Wednesday, May 22




  Eric Reguly
spacer
To The Point



columnist
Biography arrow    

Lights dimming at the private-equity party space
IPO flops by Lyft, Uber signal we've hit tipping point of debt-fuelled buyout craze
space
By ERIC REGULY
Saturday, May 18, 2019 – Page B4
space
ROME -- The private-equity industry has been a wonder, a massive growth and profit machine that has made the rich richer, flattered the returns of pension and sovereign funds and thrust star tech companies onto the stock market. Their fuel is cheap debt and lots of it, and the returns have been awe-inspiring.  FULL STORY arrow
space

space
The European elections: Why they matter in the age of populism space
Europe goes to the polls later this month. With the rise of the populist, Euroskeptic parties, this parliamentary election matters. Eric Reguly explains what's happening and what's at stake
space
By ERIC REGULY
Thursday, May 16, 2019 – Page A10
space
-- Q: What are the European Union elections, and why is this year's edition not expected to be the usual bore-a-thon?  FULL STORY arrow
space

space
The dangers of chasing profitless growth in a frothy market space
space
By ERIC REGULY
Saturday, May 11, 2019 – Page B4
space
-- The new generation of tech companies galloping toward the stock market have one big thing going for them: Their technology works. Book an Uber on the app and - voila! - along comes an Uber. Last year, more than five billion rides were booked on the ride-hailing service.  FULL STORY arrow
space

space
Trump's calls for low oil prices don't ring true space
U.S. could benefit from global export market by tightening blockade on Venezuela, shutting out Iran and stoking civil war in Libya
space
By ERIC REGULY
Saturday, April 27, 2019 – Page B4
space
ROME -- For decades, the United States government has been terrified of high oil prices. Oil shocks, like the one triggered by the 1973-74 Arab oil embargo, were disastrous for the economy, car makers and consumers. Expensive fill-ups risked voter retaliation. The first Gulf War, when coalition forces led by the United States evicted Saddam Hussein's Iraqi army from Kuwait, was in good part an oil war.  FULL STORY arrow
space

space
A strongman's fight for unity in Libya isn't going to plan space
space
By ERIC REGULY
Saturday, April 27, 2019 – Page A23
space
-- At 76, Khalifa Haftar is full of fight and making the biggest military and geopolitical move of his life. And it's not going well.The aging general - actually field marshal, the highest army ranking, typically given in honour of battle victories - launched his attack on Tripoli on April 4, after his cakewalk through the south of Libya from his power base in the eastern half of the country. The assault on the capital was his strongman effort to bring all of Libya under his control and vanquish the country's ''terrorist'' gangs.  FULL STORY arrow
space

space
Inside Steve Bannon's fledgling school for populism space
The propagandist who helped bring Donald Trump to power wants disciples who can spread his brand of nationalism across Europe - and they're starting in a remote mountain monastery in Italy. The Globe went to take a look
space
By ERIC REGULY
Tuesday, April 23, 2019 – Page A10
space
COLLEPARDO, ITALY -- In the early 13th century, when the reclusive Carthusian monks chose to build a monastery on the Italian peninsula, they went big and they went remote.Their Certosa di Trisulti monastery, as it's called, is in the middle of nowhere by jam-packed Italian standards. It's plastered on a high slope - 825 metres above sea level - in central Italy's Ernici mountains, about two hours by car southeast of Rome. The nearest town, Collepardo, is a 15-minute grind down the mountain. From the monastery itself, all I could see was forest and snow-capped mountaintops.  FULL STORY arrow
space

space
When Greece outperforms Italy, it's a problem for Italian populists space
space
By ERIC REGULY
Saturday, April 20, 2019 – Page B1
space
ROME -- Ever since I moved to Rome almost a dozen years ago, the health of the Italian economy was treated as an afterthought. Apparently, it still is.Silvio Berlusconi partied his way through the financial crisis as the remnants of la dolce vita faded away, never to return. Lurid stories of his ''bunga bunga'' sex parties, and the endless court cases against him, distracted Italians from the ugly truth that Italy, a Group of Seven country and Europe's second-biggest manufacturer, could no longer generate enough wealth to finance its pleasant lifestyle.  FULL STORY arrow
space

space
Libyan leaders warn civil war could cause prison breaks, free terrorists space
space
By ERIC REGULY
Wednesday, April 17, 2019 – Page A4
space
ROME -- The leaders of Libya's internationally recognized Government of National Accord are warning that Europe could face a new migrant and terrorism crisis if the country descends into a civil war that threatens the security of prisons and detention centres.  FULL STORY arrow
space

space
Investors buying into Uber's growth story are in for a bumpy ride space
space
By ERIC REGULY
Tuesday, April 16, 2019 – Page B1
space
-- Passengers love the fares charged by Uber. Why wouldn't they? Uber loses money on almost every ride.When you're sitting in the back of an Uber car, you can take pleasure in knowing that the company's business concept relied on taking money from the rich - the private investors who subsidized the amazing growth of the ridehailing service - to the unrich, which would be you and me and anyone else who finds the cost of regular licensed taxis excessive.  FULL STORY arrow
space

space
Governments' diesel drive backfired. Will their battery push blow up, too? space
space
By ERIC REGULY
Saturday, April 13, 2019 – Page B6
space
-- The late Sergio Marchionne, who was CEO of Fiat Chrysler Automobiles, hated electric cars - to the point that he urged customers to not buy the electric version of the little Fiat 500. That's because the company lost US$14,000 on the sale of each one. Let Elon Musk, the founder of Tesla, blow his brains out on electric cars; FCA would resist them, though ever-tighter emission regulations in some regions, such as California, meant the company was forced to launch a few battery models.  FULL STORY arrow
space

space
After long Barrick stint, Kelvin Dushnisky gets to run his own show at Africa's top gold miner space
space
By ERIC REGULY
Saturday, April 6, 2019 – Page B1
space
LONDON -- Kelvin Dushnisky, the new CEO of AngloGold Ashanti and the former president of Barrick Gold, is so politely Canadian that I wonder if he's too polite to run the world's third-biggest gold company.  FULL STORY arrow
space

space
Is peak oil closer than we think? space
Ghawar oil field, the world's biggest, is just one of dozens of massive conventional-crude reservoirs around the planet in various stages of decline
space
By ERIC REGULY
Saturday, April 6, 2019 – Page B4
space
-- The Ghawar oil field in Saudi Arabia carries mythical status in the global oil markets. Huge and prolific, it has been the country's top wealth creator for decades - still is - and one of the main reasons why the global oil markets have been amply supplied. If Ghawar were not around, filling up your car would be a lot more expensive.  FULL STORY arrow
space

space
SNC's probable exodus from Canada is a national shame space
space
By ERIC REGULY
Saturday, March 30, 2019 – Page B1
space
-- Head offices abandon Canada in two ways - slowly or abruptly.The slow approach sees the head office, usually after a foreign takeover, gradually lose relevance, to the point it becomes a branch plant and simply fades from view over several years. The abrupt approach, again usually after a foreign takeover, sees the head office vanish virtually overnight, as Falconbridge did a decade ago after it was snapped up by mining giant Xstrata.  FULL STORY arrow
space

space
SNC warned prosecutors of corporate move to U.S. space
Statements in documents appear to conflict with comments by CEO Neil Bruce
space
By ERIC REGULY, NICOLAS VAN PRAET
Friday, March 29, 2019 – Page B1
space
LONDON MONTREAL -- SNC-Lavalin Group Inc. warned federal prosecutors in writing last fall that the company could break up and move its corporate headquarters to the United States if it was not invited to negotiate a deal to suspend criminal prosecution.  FULL STORY arrow
space

space
Brexit killed off the copycats, but not Euroskepticism space
space
By ERIC REGULY
Tuesday, March 26, 2019 – Page A17
space
LONDON -- As a pro-EU Italian-Canadian who lives in Rome and travels throughout Europe, Brexit made absolutely no sense to me. What was the point of it when Britain already had the best of both worlds?  FULL STORY arrow
space

space
With the BRI deal, Beijing is trying to get to the European Union through Rome space
As the first G7 country to join the initiative, Italy says it's an investment opportunity, but critics say China has an ulterior agenda
space
By ERIC REGULY
Saturday, March 23, 2019 – Page B4
space
ROME -- Chinese President Xi Jinping on Friday was given an Italian welcome worthy of the return of a conquering Roman emperor. On a warm, sunny day, the red-carpet treatment in all its flummery included horse guard escort, a private tour of the Colosseum and a state dinner with Italian President Sergio Mattarella in the Quirinale Palace, where the talent was opera star Andrea Bocelli.  FULL STORY arrow
space

space
Italy risks alienating Western allies as it embraces China's Belt and Road project space
The G7 country's membership in Beijing's trade initiative is being touted for its potential investment benefits, but the timing couldn't be worse
space
By ERIC REGULY
Wednesday, March 20, 2019 – Page B4
space
ROME -- As Brexiteers dream of recreating the glory days of the British Empire, when His and Her Majesty's ships filled the seaborne trading routes, Italy dreams of invoking the spirit of Marco Polo, the 13th-century explorer and writer who travelled the Silk Road, China's gateway to Europe that brought Chinese goods to his home port of Venice and beyond.  FULL STORY arrow
space

space
Berlusconi back in the spotlight after model who testified against him dies mysteriously space
space
By ERIC REGULY
Tuesday, March 19, 2019 – Page A2
space
ROME -- The mysterious death of a former model has come back to haunt Silvio Berlusconi, the former Italian prime minister whose ''bunga bunga'' orgy parties triggered a sensational scandal that enveloped him with legal problems that have yet to end.  FULL STORY arrow
space

space
In Tunisia, a youth crisis threatens the Arab Spring's most successful revolution space
In 2010, a desperate man's suicide inspired a country to overthrow an authoritarian regime in the hopes of freedom and opportunity. It got freedom, but amid staggering unemployment, opportunity remains a dream for many
space
By ERIC REGULY
Tuesday, March 19, 2019 – Page A10
space
SBEITLA, TUNISIA -- On a late December afternoon in 2016 - six years to the month after the start of the Tunisia revolution - Farid Touti decided he could not endure his wretched life anymore.  FULL STORY arrow
space

space
Response to Ethiopian Airlines crash not the finest hour for Boeing or FAA space
space
By ERIC REGULY
Saturday, March 16, 2019 – Page B1
space
-- Boeing and the U.S. Federal Aviation Administration define the spectacular success of the American commercial aviation industry. Since the late 1960s, the Boeing 737 series has been an airborne wonder, the most popular single-aisle passenger jet in the world - still is.  FULL STORY arrow
space

space
Dictators, don't wreck your economy like Bouteflika did space
Collapse of Algerian President's 20-year regime can be traced back, in part, to a failure to diversify the country's economic offerings
space
By ERIC REGULY
Wednesday, March 13, 2019 – Page A9
space
ROME -- The collapsing regime of Algerian autocrat Abdelaziz Bouteflika is a warning to dictators everywhere. If you want to keep your job, live in obscene wealth and deny your citizens basic freedoms, don't let your economy swirl down the toilet. The people tend to get agitated when they're out of work as the rich get richer.  FULL STORY arrow
space

space
Algerian President agrees to step down space
Bouteflika, 82, had been planning to seek fifth term, despite being highly unpopular among the young
space
By ERIC REGULY
Tuesday, March 12, 2019 – Page A3
space
ROME -- Algerian President and dictator Abdelaziz Bouteflika announced the end of his 20-year rule and a delay to the planned spring elections after weeks of largely peaceful mass protests against his regime threatened to turn violent and destabilize the oilrich North African country.  FULL STORY arrow
space

space
The untested risks of 5G technology space
Race to install latest generation of wireless networks continues apace even though there have been no studies on long-term effects from radiation
space
By ERIC REGULY
Saturday, March 9, 2019 – Page B4
space
ROME -- The new, ultrafast mobile wireless networks known as 5G are touted by tech companies as the greatest invention since the railway. They will revolutionize consumer engagement and the wider economy.  FULL STORY arrow
space

space
Europe's economic slump hands Draghi another problem space
space
By ERIC REGULY
Friday, March 8, 2019 – Page B1
space
ROME -- Mario Draghi did not want to go down fighting.The president of the European Central Bank had been battling to stave off recession, low inflation and bank failures since the moment he took the job at the height of the financial crisis in 2011. A year later, he vowed to do ''whatever it takes'' to save the euro from destruction.  FULL STORY arrow
space

space
Newmont's counterattack doesn't mean Barrick is done space
The American gold company told Barrick to hit the road, but the Canadian miner still has a lot going for it
space
By ERIC REGULY
Tuesday, March 5, 2019 – Page B4
space
-- Barrick Gold's lunge for Newmont Mining has officially gone hostile, extremely so, with Newmont formally rejecting the Canadian company's US$17.8-billion offer and blasting its executive chairman, John Thornton, for shabby performance. But this is not the end of the story - don't count Barrick out just yet.  FULL STORY arrow
space

space
Coal-cap ploy a clever win-win for Glencore space
Commodities giant buys itself public goodwill on climate change without threatening its flow of carbon-fuelled profits
space
By ERIC REGULY
Saturday, March 2, 2019 – Page B4
space
ROME -- Coal blackens the veins and arteries of Glencore, the world's biggest commodities trader, and those of its South African CEO, Ivan Glasenberg.Both owe their existence to coal.Coal is Glencore's biggest commodity, hauling in more than US$5-billion a year in profits for the company. Mr. Glasenberg began his career as a coal trader and has cherished the dirtiest fossilfuel ever since, to the point that Glencore is the global leader in the coal used to fire up electricitygenerating plants.  FULL STORY arrow
space

space
Bristow will have to dig a little further if he wants to make a deal space
space
By ERIC REGULY
Tuesday, February 26, 2019 – Page B1
space
OPINION -- Barrick Gold just traipsed into a potentially nasty battle short of ammunition.On Monday morning, John Thornton, Barrick's executive chairman, and CEO Mark Bristow unveiled a nil-premium, allshare offer for Colorado's Newmont Mining. Hostile offers generally come with juicy premiums or else they don't work, and this bid is already not working.  FULL STORY arrow
space

space
Barrick may have to pay a fat premium if it wants Newmont space
space
By ERIC REGULY
Saturday, February 23, 2019 – Page B4
space
ROME -- The marriage of Toronto's Barrick Gold and Denver's Newmont Mining, the two big beasts of the gold world, should have happened a long time ago. The theoretical deal made perfect sense because combining their properties in Nevada could save fortunes, all the better to reward shareholders.  FULL STORY arrow
space

space
As the U.K.'s auto plants close, blame Brexit space
There is no other reason for Japanese automakers to leave Britain while maintaining a healthy presence in Europe
space
By ERIC REGULY
Thursday, February 21, 2019 – Page B4
space
ROME -- For a couple of centuries, up until the early 1970s, Britain was the world's biggest per-capita manufacturer. It was a global leader in autos. In 1972, it made almost two million cars, a remarkable achievement for a small country that didn't even have a trade deal with Europe.  FULL STORY arrow
space

space
Pope's credibility at stake as Vatican abuse summit looms space
space
By ERIC REGULY
Wednesday, February 20, 2019 – Page A6
space
ROME -- A Vatican conference on sexual abuse will test the credibility of Pope Francis this week as abuse victims gather in Rome to call for zero tolerance for clerics who molest or rape children and escape jail time.  FULL STORY arrow
space

space
The strange divide among Montreal companies space
space
By ERIC REGULY
Saturday, February 16, 2019 – Page B4
space
-- This is a tale of two cites, both named Montreal.The first Montreal is full of well-regarded companies that are typically steady performers and occasionally stock market gems. They are generally not prone to corporate loutishness, even if they make mistakes and can be annoying now and again.  FULL STORY arrow
space

space
Choreographer of This is America uses her celebrity status to step up efforts for rural youth worldwide space
space
By ERIC REGULY
Friday, February 15, 2019 – Page A1
space
ROME -- Sherrie Silver has had a big week - really big.On Sunday at the Staples Center in Los Angeles, This Is America, the dark, violent but equally high-spirited hit song and video performed by Childish Gambino - real name Donald Glover - won four Grammy Awards. Ms. Silver, a 24-yearold Rwandan dance phenomenon, was the video's choreographer. She was thanked onstage by Childish Gambino's collaborators - he did not attend - and made a splash at the post-Grammy parties.  FULL STORY arrow
space

space
Italy's finances could clobber Europe's banks space
Outrageous levels of Italian sovereign debt, much of it held by local and other European lenders, would be a nightmare for the EU
space
By ERIC REGULY
Saturday, February 9, 2019 – Page B4
space
ROME -- Italy's populist government has failed its first big economic test.The two ruling coalition parties - the League and the Five Star Movement - promised a desperately needed economic revival after they formed a government last June. Instead, they delivered a recession.  FULL STORY arrow
space

space
Deutsche Bank's restructuring hasn't paid off space
Its future remains highly uncertain, especially as the German and other European economies quickly lose momentum
space
By ERIC REGULY
Saturday, February 2, 2019 – Page B4
space
ROME -- Deutsche Bank's role was to befit its status as the top bank in Europe's top economy. It was supposed to be the Mercedes-Benz of German lenders - well-built, dependable, respected, competitive, internationally famous, the flag-bearer for mighty Corporate Germany. It was to be the prime financier of the country's export-oriented economy, while holding its own among the Wall Street giants.  FULL STORY arrow
space

space
Italy's plunge into recession threatens rest of euro zone space
space
By ERIC REGULY
Friday, February 1, 2019 – Page B1
space
ROME -- Italy is back in recession, its third since the 2008 financial crisis, and the rest of Europe is slowing down, too, as Brexit, the gilets jaunes protests in France and the global tariff wars put pressure on the economy.  FULL STORY arrow
space

space
A more unified Europe isn't materializing space
Nearly three years after U.K. voted to leave bloc, there have yet to be any substantive moves toward EU integration
space
By ERIC REGULY
Thursday, January 31, 2019 – Page A6
space
ROME -- Britain's vote in mid-2016 to leave the European Union did not trigger spasms of existential angst within the EU. Yes, the loss of the EU's second-biggest economy would come as a blow to the EU, but not a fatal one. The optimists on the warmer side of the English Channel even found a silver lining.  FULL STORY arrow
space

space
Bombardier faces pressure as the EU mulls Siemens-Alstom train merger space
space
By ERIC REGULY
Saturday, January 26, 2019 – Page B4
space
ROME -- The world's most effective and feared antitrust cop, Margrethe Vestager, is not going quietly into the night. The European Union's Competition Commissioner has some momentous decisions ahead of her before she steps down later this year. One of them could reshape the entire train industry, where Canada's Bombardier is one of the biggest players.  FULL STORY arrow
space

space
These days, a ticket to Davos carries a hefty cost - stigma space
space
By ERIC REGULY
Wednesday, January 23, 2019 – Page B4
space
ROME -- On Tuesday, as they have every year since 1971, the world's richest and most influential industrialists, bankers, oligarchs, tech kings, politicians and economists gathered in Davos, Switzerland, for the five-day World Economic Forum (WEF). They say they are part of the solution, not the problem, to some of the world's greatest ailments.  FULL STORY arrow
space

space
This week's Santander moment changes nothing in the world of lavish bankers' pay space
Cancelled appointment is merely a blip in a time of record-setting executive remuneration
space
By ERIC REGULY
Saturday, January 19, 2019 – Page B4
space
ROME -- The Santander moment might have you believe the banking world has changed, that outrageous pay for bankers with the mental makeup of a Las Vegas card shark is finally becoming a relic of the decadent past. Populism has hit the pay world - thank you Bernie Sanders, Alexandria Ocasio-Cortez, Jeremy Corbyn and the other headline-grabbing socialists who equate overpaid bankers with broken, late-stage capitalism and the greediest bankers with the end of civilization, Rome in the fourth century.  FULL STORY arrow
space

space
Brexit alone won't kill the EU, but rising right-wing nationalism could space
space
By ERIC REGULY
Wednesday, January 16, 2019 – Page A9
space
ROME -- Post-Brexit survival supplies in Britain known as ''Brexit boxes.'' Migrant rescue ships banned from Italian ports. France nearly crippled by endless gilets jaunes protests. The relentless rise of right-wing, Euroskeptic populist parties. Germany's main opposition party campaigning for a German version of Brexit.  FULL STORY arrow
space

space
Another one bites the dust: Hollowing out of corporate sector continues space
space
By ERIC REGULY
Tuesday, January 15, 2019 – Page B1
space
-- Toronto's Barrick Gold always wanted to team up with Newmont Mining of Colorado. Merging the two giants, which have adjoining operations in gold-rich Nevada, would have created an unassailable industry leader and reduced costs by an estimated US$1-billion a year. On paper, it looked like a dream deal. But it never got off the ground, in good part because Barrick founder Peter Munk wanted the new company to stay in Toronto, not move to Denver.  FULL STORY arrow
space

space
Carlos Ghosn is out but leaves a fine legacy space
Nissan's executives tamper with the alliance he created at their risk as the global car sector heads toward rocky road
space
By ERIC REGULY
Saturday, January 12, 2019 – Page B4
space
ROME -- Carlos Ghosn's appearance this week in Tokyo District Court, his first since he was arrested in mid-November and tossed into jail with no opportunity for bail, was the hottest ticket in town. Some 1,100 people, an army of reporters among them, had lined up to enter a lottery for the courtroom's 14 gallery seats.  FULL STORY arrow
space

space
Europe's automakers face bumpy road ahead space
The car industry, already amid upheaval, must soon grapple with Britain's exit from EU
space
By ERIC REGULY
Friday, January 11, 2019 – Page B4
space
ROME -- The easy times are over for the European automakers.They had groped their way out of the hole created by the 2008 financial crisis and now they're slipping back into it again as the global auto industry faces its greatest upheaval in decades.  FULL STORY arrow
space

space
Barrick's gutting did not have to be this way space
What was once the world's biggest gold miner will probably thrive under its new CEO - just no longer as a Canadian company
space
By ERIC REGULY
Saturday, January 5, 2019 – Page B3
space
ROME -- Before I moved to Europe in 2007, I spent almost a decade in Toronto writing about the eradication of Corporate Canada. Most big companies I followed - Inco, Falconbridge, Alcan, Dofasco, Molson, Fairmont, Four Seasons, among others - were flogged to foreigners, their head offices downgraded to branch plants or eliminated.  FULL STORY arrow
space

space
Turmoil, tension and Trump: My business, economic predictions for 2019 space
space
By ERIC REGULY
Monday, December 31, 2018 – Page B1
space
-- It's that time of year again. Herewith are my economic and business predictions for 2019. Making them was harder than usual, given the headline-a-minute turmoil of 2018 - thank you, Donald Trump - that is bound to continue in 2019.  FULL STORY arrow
space

space
The tragedy of Canada's 'Little Stalingrad' space
Largely forgotten today, victory at the Italian port city of Ortona came at a high cost for Canadian troops in the Second World War
space
By ERIC REGULY, SHAWN MCCARTHY
Thursday, December 27, 2018 – Page A19
space
ROME OTTAWA -- ''Everything before Ortona was a fairy tale.''- Major-General Christopher Vokes, commander of the 1st Canadian Infantry Division in Italy, 1943The Canadian war monument in the heart of Ortona, the Italian city on the Adriatic coast, does not paint a picture of glory. It depicts a Canadian infantryman on his knees comforting a fallen comrade who lies before him, dying. The monument, installed in Ortona in 1999 by the battle's Canadian veterans, is called the Price of Peace.  FULL STORY arrow
space

space
An Americano in Italy space
Eric Reguly visits Starbucks' roastery in Milan and wonders whether the U.S. chain will sweep through the world capital of coffee or be relegated to curiosity status
space
By ERIC REGULY
Wednesday, December 26, 2018 – Page B1
space
-- For decades, it was a mark of pride among coffee-loving Italians that Starbucks, the American chain-store leviathan that served sugary, frothy concoctions disguised as coffee, had been unable to penetrate Italy. Italians could not stop McDonald's and Burger King from invading their country and ransacking their cuisine. But they could stop Starbucks.  FULL STORY arrow
space

space
Megaprojects hosing taxpayers once again space
Britain's two big rail construction jobs have gone way over budget and, as with any situation involving major cost overruns, executives are taking home the loot
space
By ERIC REGULY
Saturday, December 22, 2018 – Page B4
space
ROME -- Megaprojects have a life of their own. Everyone knows they will go over budget, perhaps wildly so, yet governments keep pumping money into them as if they were too expensive to fail. They're the scandals that keep on giving, to the delight of journalists, opposition parties and lavishly paid consultants, but to the distress of taxpayers.  FULL STORY arrow
space

space
An Italian town opened its doors to migrants, making its mayor a hero. A wave of right-wing populism pushed him into exile space
Giving shelter to refugees turned Riace into a beacon of tolerance and helped it ward off economic decline. But Italy's new government brought the experiment to an end, leaving residents fearful of what will happen next
space
By ERIC REGULY
Monday, December 10, 2018 – Page A8
space
RIACE, ITALY -- Before electricity arrived in 1949 in the southern Italian hillside town of Riace, which overlooks the Ionian Sea, the homes were lit with candles, producing a warm, welcoming glow as families ate dinner and children went to bed.  FULL STORY arrow
space

space
France's protests reveal reality of carbon-reduction costs for the poor space
space
By ERIC REGULY
Saturday, December 8, 2018 – Page B4
space
ROME -- France's violent, mass gilets jaunes (yellow vests) protests, featuring torched cars and smashed shop windows on the Champs-Elysees, were highly effective. They persuaded French President Emmanuel Macron to suspend the launch of new taxes on gasoline and diesel. The taxes were not just a blatant money grab; they were part of France's efforts to try to meet the carbonreduction goals agreed at the 2015 Paris climate conference.  FULL STORY arrow
space

space
Bitcoin's fall could just be getting started space
Environmental cost, volatile value and lack of backing from central banks are recipes for doom of cryptocurrencies
space
By ERIC REGULY
Saturday, December 1, 2018 – Page B4
space
-- One of my favourite horror sites is the Bitcoin Energy Consumption Index, published by digiconomist.net. If you care about the environment, avert your eyes because the data are unpleasant.  FULL STORY arrow
space

space
ALMIGHTY BRUCE space
NEIL BRUCE TOOK SNC-LAVALIN FROM SCANDAL-RIDDEN TO WORLD CLASS. EVERYTHING WAS GOING GREAT--UNTIL A FEW MONTHS AGO. WILL THE COMPANY HE WORKED SO HARD TO REBUILD CRUMBLE?
space
By ERIC REGULY
Friday, November 30, 2018 – Page P26
space
-- BRUCE NEIL saw his luck run out at precisely 9:46 a.m., Ottawa time, on Aug. 2, when Foreign Affairs Minister Chrystia Freeland published her now-famous tweet about Saudi Arabia.  FULL STORY arrow
space

space
Doublespeak space
How can Justin Trudeau reconcile fighting climate change and promoting massive new fossil fuel projects? He can't
space
By ERIC REGULY
Friday, November 30, 2018 – Page P22
space
-- In the climate change hypocrisy sweepstakes, it's hard to beat Prime Minister Justin Trudeau. But he sure talks a good game.Climate change is a clear and present danger, he says. Left unchecked, it will have dire consequences for the environment, the global economy and humanity itself. In late 2015, just before he enthusiastically endorsed the Paris climate change accord, Trudeau said: ''The atmosphere doesn't care where carbon is emitted. It requires us to take action all around the world.''  FULL STORY arrow
space

space
What happened with Oshawa? It seems that Trump happened space
space
By ERIC REGULY
Tuesday, November 27, 2018 – Page A11
space
-- There was a time, not so long ago, when Canada's pitch to foreign corporations was compelling. Canada had public health care, all the better to bring down the cost of employment. Its dollar was cheap compared with the U.S. dollar. The work force was educated, the unions pleasingly weak and the industrial zones were smack next to the world's biggest market.  FULL STORY arrow
space

space
Migrant rescue ship faces seizure space
Canadian charity worker says Italy's charges of illegal waste disposal are part of a 'smear campaign'
space
By ERIC REGULY
Monday, November 26, 2018 – Page A6
space
ROME -- The crew members of the Aquarius, a ship that has rescued nearly 30,000 migrants from the Mediterranean, await their fate as their vessel once again becomes a target of the anti-migrant Italian government.  FULL STORY arrow
space

space
Why a second Brexit vote isn't the right call space
Another referendum would reinforce Britain's deep divisions, setting the stage for a psychological civil war
space
By ERIC REGULY
Saturday, November 24, 2018 – Page B4
space
ROME -- The Parti Quebecois held a sovereignty referendum in 1980 and lost. Quebec would stay part of Canada. Not happy with the result, the PQ government called another referendum, 15 years later, and lost again.  FULL STORY arrow
space

space
Without Ghosn at the wheel, Nissan's alliance with Renault and Mitsubishi could be headed for a dead end space
space
By ERIC REGULY
Tuesday, November 20, 2018 – Page B1
space
ROME -- Global auto industry leaders are vanishing from sight, just when their companies need visionary bosses to avoid becoming roadkill as the electric and self-driving car revolutions hit.On Monday, Carlos Ghosn faced almost certain dismissal as chairman of Nissan after the auto giant accused him of ''significant'' financial misconduct, including allegedly understating his compensation for years. As the scandal unfolds, he may also lose his positions as CEO of France's Renault and chairman of Mitsubishi of Japan.  FULL STORY arrow
space

space
Without Ghosn at the wheel, Nissan's alliance with Renault and Mitsubishi could be headed for a dead end space
space
By ERIC REGULY
Tuesday, November 20, 2018 – Page B1
space
ROME -- Global auto industry leaders are vanishing from sight, just when their companies need visionary bosses to avoid becoming roadkill as the electric and self-driving car revolutions hit.On Monday, Carlos Ghosn faced almost certain dismissal as chairman of Nissan after the auto giant accused him of ''significant'' financial misconduct, including allegedly understating his compensation for years. As the scandal unfolds, he may also lose his positions as CEO of France's Renault and chairman of Mitsubishi of Japan.  FULL STORY arrow
space

space
Libya peace conference ends with little progress, but much disarray space
space
By ERIC REGULY
Wednesday, November 14, 2018 – Page A1
space
PALERMO, ITALY -- The Italian-sponsored Libya peace conference ended Tuesday in disorder as several key players in the effort to stabilize the shattered country either walked out of the final meetings or refused to participate in them.  FULL STORY arrow
space

space
In Italy, a consensus on Libya proves elusive space
While leaders gathering in Palermo are united in their fear, they bring differing agendas to the stabilization effort
space
By ERIC REGULY
Tuesday, November 13, 2018 – Page A3
space
PALERMO, ITALY -- The army of European, North African and North American delegates at the Libya peace conference in Palermo represent countries with a jumble of parochial, and sometimes conflicting, interests on the Libyan file. But there is one issue that unites them all: fear that lack of Libyan stability will reinforce the broken country's status as a hotbed for terrorism and uncontrolled migration.  FULL STORY arrow
space

space
Italian conference brings Libya's main players to the table space
space
By ERIC REGULY
Monday, November 12, 2018 – Page A6
space
ROME -- S even years after Moammar Gadhafi was hauled out of a drainage pipe in Sirte, his hometown in Libya, and killed by rebel militiamen, the concept of a reunified Libya remains just that - a concept. The Libyan desert expanse, the size of Alaska, remains deeply fragmented, lawless and violent as rival political groups and militias seek power and bounty.  FULL STORY arrow
space

space
Trump's cherished wealth effect may soon be revealed as a mirage space
space
By ERIC REGULY
Saturday, November 10, 2018 – Page B9
space
ROME -- The Donald Trump-inspired wealth effect is working like a charm, in spite of the recent stock market wobble. The SandP 500 is up about 22 per cent since he stepped into the White House almost two years ago, unemployment is at record lows and wages are growing at their fastest pace in nine years. What's not to like?  FULL STORY arrow
space

space
Merkel did not save the euro, she just bandaged it up space
space
By ERIC REGULY
Saturday, November 3, 2018 – Page B4
space
ROME -- On the day before the opening of the London Olympics in July, 2012, Mario Draghi, the newish president of the European Central Bank, popped into London to say a few words at the Global Investment Conference at Lancaster House. I was there, expecting him to say nothing important on the eve of the greatest sporting event the city had ever hosted.  FULL STORY arrow
space

space
Centerra swats aside $2-billion bid from low-profile London firm space
space
By NIALL MCGEE, ERIC REGULY
Thursday, November 1, 2018 – Page B1
space
-- Centerra Gold Inc. says it didn't respond to a recent $2-billion takeover proposal by a littleknown London Stock Exchangelisted mining concern, citing doubts about the company's ability to complete such a deal.  FULL STORY arrow
space

space
Loosening of Merkel's grip could open dangerous void in Europe space
space
By ERIC REGULY
Tuesday, October 30, 2018 – Page A1
space
ROME -- The end of the era of Angela Merkel, Europe's most durable and influential leader, moved a big step closer on Monday when she agreed to step down as chair of the Christian Democratic Union party. Her decision came after poor showings in two regional elections, and opens the door wide for a leadership competition as the centrist German parties fight to keep their relevance in a highly fragmented political landscape.  FULL STORY arrow
space

space
One good quarter doesn't mean Tesla's safe space
Shareholders who have stuck with erratic CEO Elon Musk must be feeling vindicated, but the company's future is far from secure
space
By ERIC REGULY
Saturday, October 27, 2018 – Page B4
space
-- Tesla investors have had a maniacal obsession with the electric-car company since it rolled onto the stock market in 2010. Their endless faith in Tesla sent the shares soaring from the IPO price of US$17 to today's US$315, but one big factor was missing - sustained profit. There wasn't any, and Tesla's cash burn was horrendous. Eventually, the shortsellers - emboldened by chief executive Elon Musk's ever-erratic behaviour - piled into the shares, and the battle of wits between the lovers and the haters dominated the Tesla story.  FULL STORY arrow
space

space
Investors will have the final say in Italy's 2019 budget space
Though the EU rejected the country's plan, the bloc cannot dictate a member's spending, but markets can, and will
space
By ERIC REGULY
Wednesday, October 24, 2018 – Page B5
space
ROME -- Italy's populist government and the European Union are at war.The European Commission, the EU's executive body, rejected Italy's proposed 2019 budget on Tuesday, arguing that it posed unacceptable risks to both Italy and the EU countries that use the euro. It was the first time the EU has sent a national budget back for a rewrite and it has set the stage for a bruising battle that neither side will win.  FULL STORY arrow
space

space
SNC willing to reshape company if criminal trial affects share value space
space
By ERIC REGULY
Tuesday, October 23, 2018 – Page B1
space
ROME -- Montreal's SNC-Lavalin Group Inc., one of the world's top engineering and construction businesses, is willing to undergo a radical reshaping if the criminal trial it faces on corruption charges thrusts the company into years of legal limbo that damage shareholder value, the company's CEO, Neil Bruce, says.  FULL STORY arrow
space

space
Saudi Arabia's economic overhaul was troubled before the grisly Khashoggi affair space
The country seems doomed to remain a fossil-fuel economy as the Crown Prince loses more credibility
space
By ERIC REGULY
Saturday, October 20, 2018 – Page B4
space
ROME -- Of all the CEOs who are boycotting the ''Davos in the Desert'' conference next week in Saudi Arabia, perhaps the most important no-show, if not the highest-profile one, will be David Schwimmer. You have probably never heard of him. He is the chief executive of the London Stock Exchange, which might seem to have little interest in Saudi Arabia. But it was the LSE that was widely thought to have the edge over New York in securing the initial public offering of Saudi Aramco, the world's largest oil company.  FULL STORY arrow
space

space
For SNC, threat of Canada-Saudi rift looms over Mideast operations space
space
By ERIC REGULY
Tuesday, October 16, 2018 – Page B1
space
-- There is no Canadian company that fears a renewed diplomatic clash between Canada and Saudi Arabia more than SNC-Lavalin Group Inc., the Montreal engineering and construction giant that is one of the biggest foreign players in the Middle East.  FULL STORY arrow
space

space
Friends, indeed space
China wants to be No. 1 in electric cars, so it needs copper and cobalt. Where does it find its most helpful suppliers and allies? On Canadian stock markets
space
By ERIC REGULY
Tuesday, October 16, 2018 – Page P21
space
-- Robert Friedland, the founder and executive co-chairman of Vancouver's Ivanhoe Mines, calls copper ''the new oil.'' By that, he means copper is essential to the new electrified, battery-powered economy in the same way oil, a century ago, was essential to the era of mass mobility. Copper's conductivity--its ability to transmit electricity--is superb. You cannot build a smartphone, an electrical grid or an electric car without copper, and lots of it.  FULL STORY arrow
space

space
Even if carbon taxes are implemented, are electric cars really the best way to go? space
space
By ERIC REGULY
Saturday, October 13, 2018 – Page B4
space
-- A transportation revolution is in the making and bets worth hundreds of billions of dollars are being placed. Who might the winner be? Will it be the Tesla-style electric car, the Toyota-style hybrid or the hydrogen car? Will personal transportation of the Uber ilk, possibly in self-driving form, replace public transportation as we know it?  FULL STORY arrow
space

space
A blood feud shatters a family's bond space
space
By ERIC REGULY
Friday, October 12, 2018 – Page A1
space
-- Belinda Stronach has had incarnations galore in her remarkable life. The list includes auto-parts magnate, elected politician, horse-racing executive, beauty-products entrepreneur and, now, defendant in a sensational lawsuit launched by her loving father, Frank Stronach, the irascible old billionaire who built the Magna International car-parts empire.  FULL STORY arrow
space

space
Watch out for Italy's populists space
Salvini and Co. are playing a risky game: Bond investors could push yields to crisis levels if they see an out-of-control budget
space
By ERIC REGULY
Saturday, October 6, 2018 – Page B4
space
ROME -- When do you know you're carrying too much debt? The first hint comes when lenders stop lending to you. Greece, Ireland, Portugal and Cyprus all found themselves shut out of the debt markets during the financial crisis. In came the bailouts.  FULL STORY arrow
space

space
The impact of a big company's small office space
A leaner Barrick might be good for the miner, but likely won't benefit its home city of Toronto
space
By ERIC REGULY
Thursday, October 4, 2018 – Page B6
space
ROME -- Peter Munk, the late founder and chairman of Toronto's Barrick Gold Corp., the world's biggest gold producer, was born in Hungary and evolved into a passionate Canadian patriot.  FULL STORY arrow
space

space
Britain Inc. finally gets the message that the Brexit shambles will hurt space
space
By ERIC REGULY
Saturday, September 29, 2018 – Page B4
space
-- You have to admire poor Theresa May, the British Prime Minister blundering her way through the Brexit file. It was her former boss, David Cameron, not her, who had demanded the Brexit referendum in 2016.  FULL STORY arrow
space

space
Barrick, Acacia at odds over tax payments to Tanzania space
space
By ERIC REGULY
Friday, September 28, 2018 – Page B1
space
LONDON -- The already difficult relationship between Barrick Gold Corp. and its African arm, Acacia Mining, has taken another blow over claims and counterclaims about Acacia's tax payments - or lack thereof - to the Tanzanian government.  FULL STORY arrow
space

space
High on its own supply space
Apple was an innovation superstar. Now it's a champion at share buybacks. Some victories are better than others
space
By ERIC REGULY
Friday, September 28, 2018 – Page P16
space
-- Steve Jobs died seven years ago, and if he could peek down from the heavens, he would not recognize Apple Inc., the company he created and turned into the most successful gadget maker in the history of gadgetry. It's not because Apple's stock market value has more than tripled since his death to more than $1 trillion (all currency in U.S. dollars)--making it the first public company to join the 12-zeros club--but because his baby has undergone a profound and disturbing personality change.  FULL STORY arrow
space

space
Barrick's hiring of Randgold CEO sets stage for clash of strategic visions space
space
By ERIC REGULY
Tuesday, September 25, 2018 – Page B1
space
-- Barrick Gold Corp. executive chairman John Thornton has been a great admirer of Randgold Resources Ltd. CEO Mark Bristow and has circled him for years.On Monday, the bromace triggered Barrick's US$6billion takeover of Randgold.  FULL STORY arrow
space

space
Barrick Gold, Randgold near major deal, sources say space
space
By NIALL MCGEE, ERIC REGULY
Monday, September 24, 2018 – Page A4
space
-- Barrick Gold Corp. and Randgold Resources Ltd. are close to agreement on a major deal, with an announcement expected Monday, according to sources familiar with the situation.An acquisition of Randgold by Barrick would restore the Toronto-based company as the largest gold miner by stock-market capitalization. It has a market cap of $15.8-billion, about twice Randgold's value of $7.9-billion.  FULL STORY arrow
space

space
Danske money-laundering scandal looks bad on EU space
Many warning signs involving a Danish bank ignored by regulators for more than a decade
space
By ERIC REGULY
Saturday, September 22, 2018 – Page B4
space
ROME -- Got a load of dirty money and want to clean it up?The great European Union laundromat awaits you. Estonia in particular has been a godsend to the millionaires and billionaires from Russia, Azerbaijan and other countries who want to add a dash of geographic diversity to their licit and illicit fortunes.  FULL STORY arrow
space

space
Crazy rich miner: Robert Friedland strikes gold with new career in movies space
space
By ERIC REGULY
Saturday, September 22, 2018 – Page B1
space
POSITANO, ITALY -- If you are rich, restless and want to reinvent your career as, say, a movie mogul, Villa TreVille can provide plenty of inspiration.Plastered on Italy's Amalfi Coast, next to the village of Positano, it was the home of famed Italian film director Franco Zeffirelli, who played host to some of the greatest artistic talent of the sixties, seventies and eighties - Federico Fellini, Elizabeth Taylor, Leonard Bernstein, Rudolf Nureyev, Maria Callas, Leonard Cohen, the Beatles - in the villa's fairy-tale gardens and terraces.  FULL STORY arrow
space

space
JOHN THORNTON IS DUG IN space
Barrick Gold's boss says he's not backing down on his plan to wring more cash from the company's mines, even at the cost of growth. The share price proves investors remain unconvinced. In a rare interview, the man who stepped into Peter Munk's shoes speaks with Eric Reguly in London
space
By ERIC REGULY
Saturday, September 15, 2018 – Page B1
space
-- John Thornton will tell you he saved Barrick Gold Corp. from certain destruction and set it up for fresh success.The company's shareholders are not convinced. To many of them, Barrick looks like the incredible shrinking company.  FULL STORY arrow
space

space
Tracing populism's roots back to the bailouts space
In shifting the burden of the crisis in 2008 and dodging prosecution, the 'masters of the universe' set off an anger that's yet to abate
space
By ERIC REGULY
Saturday, September 8, 2018 – Page B4
space
LONDON -- The London alumni of Lehman Bros. are to meet for a reunion bash on Sept. 14 at a swanky club in the City, as the financial district is known, 10 years less a day after the investment bank's spectacular collapse. Several hundred former Lehman employees are expected to attend the boozer, and it's a safe bet they can afford the &70 ($120) ticket.  FULL STORY arrow
space

space
Clear the track space
With two giant European train makers poised to merge, maybe it's time for Bombardier to sell off its rail business
space
By ERIC REGULY
Friday, August 31, 2018 – Page P16
space
-- Europe's land-bound version of the giant Airbus consortium, dubbed ''Railbus'' by the media, is in the making. It is the proposed merger of the train-manufacturing divisions of Germany's Siemens and France's Alstom. If the European Union competition czar, Margrethe Vestager, gives the new rolling beast her blessing, it will become the world's second-largest industry player, after China's mighty CRRC.  FULL STORY arrow
space

space
Turkey's currency crisis is not as bad as advertised space
The country's problems, while deep, aren't deep enough to flatten the planet
space
By ERIC REGULY
Saturday, August 25, 2018 – Page B4
space
ROME -- Financial crises are fond of jolting us out of our stupor every 10 years or so. In 1987, we had the great stock-market collapse - Black Monday - when the Dow lost 22 per cent in one day. The emerging-markets crisis came 11 years later, when the Thai baht, and then the Russian ruble, collapsed, triggering defaults in those countries. We have yet to fully recover from the 2008 financial meltdown and the deep recessions that followed. The never-ending pain in the Italian and Greek economies come to mind.  FULL STORY arrow
space

space
Elon Musk is dreaming if he thinks Tesla is worth $420 a share space
CEO will find a price to take his tech company private, but that number is almost certainly not what he wants
space
By ERIC REGULY
Saturday, August 18, 2018 – Page B4
space
-- Elon Musk has a lot of big, ambitious plans, from colonizing Mars to sticking battery packs tethered to solar panels in every home. Trouble is, each of these dreamy projects costs a fortune, and fortunes are not easy to come by - especially when you are losing a fortune every minute of the day.  FULL STORY arrow
space

space
Bridge collapses during holiday rush space
space
By ERIC REGULY
Wednesday, August 15, 2018 – Page A8
space
-- The collapse of the elevated Genoa, Italy, highway bridge during a severe storm on Tuesday has killed at least 26 people, but authorities fear that toll will grow as rescue efforts continue. Shortly after the bridge collapsed in the northwestern Italian industrial and port city - the birthplace of Christopher Columbus - the Italian media reported that an engineer had warned two years ago that the soaring 1960s structure had a troubled maintenance history and often required hefty repair jobs.  FULL STORY arrow
space

space
Canadian banks at risk of losing access to key European currency exchange platform space
space
By JAMES BRADSHAW, ERIC REGULY
Monday, July 23, 2018 – Page B1
space
-- Canada's largest banks could be at risk of losing access to a key European foreign-exchange trading platform after Ontario's securities regulator deemed it at odds with its regulations.  FULL STORY arrow
space

space
Scrapping Ontario's cap-and-trade carbon market creates far more losers than winners space
There is so much wrong with Ford's decision that it's hard to know where to start
space
By ERIC REGULY
Saturday, July 14, 2018 – Page B4
space
ROME -- Like a backwater version of Donald Trump, Doug Ford prefers destruction to building or repairing. His first act as Ontario's Premier was to rip up the province's cap-and-trade carbon program. There was no orderly wind-down; it just vanished into thin air like a plume of diesel smoke.  FULL STORY arrow
space

space
Glencore's risky dealings could backfire space
U.S. Justice Department subpoena could lead to investigation of miner and its relationship with a blacklisted billionaire
space
By ERIC REGULY
Friday, July 6, 2018 – Page B4
space
ROME -- Glencore took a balanced approach on its way to becoming the world's biggest commodities trader and one of the top mining houses. It dealt with the sinners as well as the saints.  FULL STORY arrow
space

space
VW offers a road map for skirting tariff wars space
Build-cars-everywhere strategy now looks prescient for working around Trumpian duties
space
By ERIC REGULY
Thursday, July 5, 2018 – Page B4
space
ROME -- Most auto executives have zero interest in Rwanda and probably couldn't find it on a map. And why would they?One of the smallest and poorest countries in Africa, it has no car industry and almost no car sales. The few who can afford cars pick up imported, second-hand bangers and drive them into the ground.  FULL STORY arrow
space

space
How strongman Salvini took Italy by storm space
Only a month into his new job, Deputy PM has quickly stolen the show with tough-on-migrants tack and anti-EU stand
space
By ERIC REGULY
Tuesday, July 3, 2018 – Page A4
space
ROME -- Ask Italians to identify Italy's new Prime Minister, and many have no idea or guess wrong: ''Salvini, right?'' Matteo Salvini is not the Prime Minister - that would be Giuseppe Conte, a little-known academic before he became Italy's little-known leader. But it's easy to see why Mr. Salvini's name comes immediately to mind: He has stolen the show - not just among Italians, but Europeans, too.  FULL STORY arrow
space

space
ADAPT OR DIE space
Companies have been denying the economic impact of climate change for too long. Now big-name investors aren't giving them a choice
space
By ERIC REGULY
Friday, June 29, 2018 – Page P38
space
-- CLIMATE SCIENTISTS warned decades ago that stuffing the atmosphere with carbon was putting humanity on a collision course with nature. Fossil fuel companies and other carbon emitters did nothing.In 1973, Munich Re rang the global-warming alarm bells.  FULL STORY arrow
space

space
Gold is falling. Bitcoin may be responsible space
space
By ERIC REGULY
Saturday, June 23, 2018 – Page B4
space
ROME -- Gold hit a six-month low this week and is down about 7 per cent since its recent high, in April. Why the retreat?One obvious answer is that interest rates are rising, or are set to rise, pretty much everywhere.  FULL STORY arrow
space

space
Italy's sabotage of CETA would be an own goal space
space
By ERIC REGULY
Thursday, June 21, 2018 – Page B1
space
ROME -- On the trade front, Canada doesn't have a lot going for it right now. Now CETA, the new Canada-European Union Comprehensive Economic and Trade Agreement, a deal that had looked as solid as a wheel of Parmigiano-Reggiano cheese, is in trouble thanks to a populist revolution in Italy that carries Trumpian overtones.  FULL STORY arrow
space

space
In Germany, a different kind of migrant crisis space
Merkel's coalition teeters as key partner pushes for strict border controls
space
By ERIC REGULY
Tuesday, June 19, 2018 – Page A1
space
ROME -- The new refugee crisis is stretching the frayed ties that bind the European Union and may ultimately cost German Chancellor Angela Merkel her government.Over the weekend and into Monday, Ms. Merkel scrambled to broker a short-term peace agreement with her coalition government's partner in Bavaria, the Christian Social Union (CSU), which triggered the biggest threat to her reign since the start of her premiership 13 years ago.  FULL STORY arrow
space

space
In the oil game, play Trump's tweets, not the market space
space
By ERIC REGULY
Saturday, June 16, 2018 – Page B4
space
-- EUROPEAN BUREAU CHIEF ROMENever underestimate the power of a Donald Trump tweet.In late April, when oil was rising fast, taking gasoline prices up with it, Mr. Trump slammed OPEC for prices he deemed ''artificially very high.'' This week, he took another whack at the cartel: ''Oil prices are too high. OPEC is at it again. Not good!''  FULL STORY arrow
space

space
Europe's easy-money era coming to an end space
space
By ERIC REGULY
Friday, June 15, 2018 – Page B6
space
ROME -- The easy-money era in Europe is coming to an end.Germany is happy about that, for sure. Investors in the Italian debt market, Europe's largest, might not be.  FULL STORY arrow
space

space
Italy claims win after rejecting migrant ship space
Leader of country's populist League party tweets 'Victory!' as Spain offers to take in stranded passengers
space
By ERIC REGULY
Tuesday, June 12, 2018 – Page A3
space
-- A rescue ship overflowing with more than 600 migrants and running short of food handed Italy's new populist government the first test of its resolve to prevent migrants from landing at home ports, even if doing so risked a humanitarian crisis and a confrontation with other European Union countries.  FULL STORY arrow
space

space
Complete Index of Today's Print Headlines
space


space  Advertisement
space

Need CPR for your RSP? Check your portfolio’s pulse and lower yours by improving the overall health of your investments. Click here.

Advertisement

7-Day Site Search
    

Breaking News



Today's Weather


Columnists



For a columnist's most recent stories, click on their name below.

 National


Roy MacGregor arrow
This Country
space
Jeffrey Simpson arrow
The Nation
space
Margaret Wente arrow
Counterpoint
space
Hugh Winsor  arrow
The Power Game
space
 Business


Rob Carrick arrow
Personal Finance
space
Drew Fagan arrow
The Big Picture
space
Mathew Ingram arrow
space
Brent Jang arrow
Business West
space
Brian Milner arrow
Taking Stock
space
Eric Reguly arrow
To The Point
space
Andrew Willis arrow
Streetwise
space
 Sports


Stephen Brunt arrow
The Game
space
Eric Duhatschek arrow
space
Allan Maki arrow
space
William Houston arrow
Truth & Rumours
space
Lorne Rubenstein arrow
Golf
space
 The Arts


John Doyle arrow
Television
space
John MacLachlan Gray arrow
Gray's Anatomy
space
David Macfarlane arrow
Cheap Seats
space
Johanna Schneller arrow
Moviegoer
space
 Comment


Murray Campbell arrow
Ontario Politics
space
Lysiane Gagnon arrow
Inside Quebec
space
Marcus Gee arrow
The World
space
William Johnson arrow
Pit Bill
space
Paul Knox arrow
Worldbeat
space
Heather Mallick arrow
As If
space
Leah McLaren arrow
Generation Why
space
Rex Murphy arrow
Japes of Wrath
space
Rick Salutin arrow
On The Other Hand
space
Paul Sullivan arrow
The West
space
William Thorsell arrow
space





Home | Business | National | Int'l | Sports | Columnists | The Arts | Tech | Travel | TV | Wheels
space

© 2003 Bell Globemedia Interactive Inc. All Rights Reserved.
Help & Contact Us | Back to the top of this page