Italy has recently shown a strong interest in expanding its presence in Africa, but as Nicola Pedde, director of the Institute for Global Studies, told Sputnik, Italy's political presence in Africa is still insufficient, and if it is not strengthened Italy risks losing opportunities in the region. Sputnik: What are the economic interests of Italy in Africa? Nicola Pedde: Italy has always pursued variable policies in Africa in both political and economic matters. For a long time there was confusion with regards to the development of the African market project, an alternative to the oil market. Our economic ties with Africa have always been mainly based around projects of the oil giant Eni, although in recent years there's been more interest in Italy towards the development of infrastructure and real estate in Africa. However, these initiatives are very rarely supported … [Read more...] about Italy Trying to Return to Africa, But No Longer a Privileged Player
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Qatar Petroleum buys 35% in three offshore oil fields in Mexico from Italy’s Eni
The Qatar Petroleum (QP) state-owned company reached an agreement with Italy’s Eni oil and gas company to buy 35 percent of the project, which includes three offshore oil fields in the Gulf of Mexico, Qatari Energy Minister and QP CEO Saad Sherida Al-Kaabi said, Trend reports citing Sputnik. "We are pleased to sign an agreement to acquire a 35-percent stake with a major player in the energy market, such as Eni, to participate in the development and production of three oil fields in Mexico. It will be another step in expanding the international reach of QP and its presence in Mexico," Al-Kaabi said on Sunday. The agreement provides for participation in oil production in the fields of Amoca, Mizton and Tecoalli, situated in the Bay of Campeche in the southern part of the Gulf of Mexico. Al-Kaabi said that oil production in the Bay of Campeche was expected to start in mid-2019. The Qatar Petroleum expected that by 2021, together with Eni they would be able to produce up to 90,000 … [Read more...] about Qatar Petroleum buys 35% in three offshore oil fields in Mexico from Italy’s Eni
Protesters march against Italy’s tough new anti-migrant law
Several thousand people marched in Rome Saturday in protest at Italy's tough new anti-migrant law which makes it easier to expel new arrivals. The protesters waved flags and donned yellow vests emblazoned with the slogan "Get up! Stand Up! for your right" in a reference to the famous Bob Marley song. The new law would "only increase the number of people without papers in Italy and force people underground", protester Kone Brahima, originally from Ivory Coast, told AFP. Another, Tony Scardamaglia, from Palermo, said: "We are still building more walls, more barriers," adding that the anti-migrant and security degree adopted last month would just cause more "difficulties". The decree, adopted by parliament on November 28, also limits residence permits in a country that has become the main gateway for migrants crossing the Mediterranean. A populist coalition government made up of the far-right League and anti-establishment Five Star Movement took power in Italy in April 2018. Interior … [Read more...] about Protesters march against Italy’s tough new anti-migrant law
Marc Gisin: Skier airlifted after World Cup crash in Italy
15 Dec From the section Winter Sports Share this with Digg Facebook Google LinkedIn Reddit StumbleUpon Twitter Copy this link http://www.bbc.com/sport/winter-sports/46579913 Read more about sharing. Swiss skier Marc Gisin was airlifted to hospital after suffering a high-speed crash while competing in the men's World Cup downhill race at Val Gardena in Italy on Saturday.Organisers said he was unconscious as he was treated at the scene before being taken to hospital by helicopter.The 30-year-old's sisters - Dominique and Michelle - are both Winter Olympic gold medal-winning alpine skiers.Speaking to Swiss media, Michelle said: "Marc is awake and stable. "He was unconscious for a very long time. At the moment we do not know any more." Racing was suspended for 30 minutes after the accident. Find out more International Ski Federation Read more on International Ski Federation … [Read more...] about Marc Gisin: Skier airlifted after World Cup crash in Italy
Italy – main importer of Kazakh products
By Trend Italy is the leader in the import of Kazakh products in January-September 2018, the Kazakh National Economy Ministry told Trend. Exports from Kazakhstan to Italy in the reporting period amounted to $8.83 billion. The top three also include the Netherlands ($4.81 billion) and China ($4.23 billion). They are followed by Russia ($3.83 billion), France ($2.69 billion), Switzerland ($2.08 billion), South Korea ($2.02 billion), Spain ($1.48 billion), Uzbekistan ($1.2 billion) and Romania ($1.11 billion). In general, the trade turnover of Kazakhstan in January-September 2018 totaled $68.2 billion, an increase of 21.9 percent compared to the same period in 2017. Exports totaled $44.5 billion, an increase of 28.4 percent, while the share of commodities in the exports of Kazakhstan amounted to 74.2 percent. --- Follow us on Twitter @AzerNewsAz … [Read more...] about Italy – main importer of Kazakh products