On Aug. 14, 2018 Morandi Bridge in Genoa, Italy, collapsed, sending vehicles and tons of rubble to the ground 150 feet below and killing 43 people.
This is my work in assignment for Die Zeit (Germany).
Gian Enrico Grugni’s dairy farm near Italy’s financial capital shows how the country’s big-spending budget, which the government says will spur growth, is so far hurting the companies it is supposed to help.⠀
Soon after Mr. Grugni applied for a €400,000 bank loan to buy land and build new cow stalls, Italy unveiled plans for a budget deficit that violated the European Union’s rules on fiscal discipline. Investors in turn demanded higher risk premiums for holding Italian bonds. And that led to bigger borrowing costs for Italian banks.⠀
The increase trickled down to Mr. Grugni, who said that while his application was pending the interest rate the bank will charge rose by almost half a percentage point, leaving him less money to invest in his business. Photos by @francesca_volpi_photo for @wsj.⠀
Stories from Honduras, in a selection of photos for Yahoo News.
Intervento al programma RAI , TG3 Nel Mondo, nella puntata del 3 Febbraio 2018, per parlare di Honduras.
A short interview at the Italian Television program TG nel Mondo, on February 3rd 2018, about Honduras.