Italian companies suffer Russia market loss | FT Film

The FT looks at the challenges facing Giorgia Meloni's government as Italian households and businesses suffer over Rome's commitment to sanctions against Russia following the invasion of Ukraine

#italy #russia #war #politics #geopolitics #russiasanctions #giorgiameloni #italianbusiness #warinukraine

00:00 - Italian companies suffer Russia market loss
01:06 - Business ties
06:34 - The banks
08:36 - Political exposure
10:03 - Transnational politics
17:11 - The future


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[gedenironald]

Russia did extremely well economically compared to Britain, which now begs the question, who is sanctioned?, it looks like British people were Sanctioned by their government and Italy, Germany got dragged on the streets by the US.

[Diwana]

If you visit Moscow or St. Petersburg you find Italian stores every where. Russians love the Italian style . And its an historic love affair. Russians don't like North European or American drab clothing etc styles .

[musicclassic]

We Russians love Italians, we love your design and architecture, your rich culture, your fantastic composers. We love Antonio Vivaldi and Nicolo Paganini. Italians are one of the most creative nations on Earth. And Italian singers are definitely the best in the world. I am a born Muscovite but I have many friends in Italy. And Italian artists and painters are absolutely unbeatable. Who can even compare with Leonardo, Michelangelo, Rafael or Caravaggio and Boticelli. Unrivaled! And long live La Scala! Belissimo!

[MONSIEUR_FARFELU]

I was in logistics business from 2014 till 2022 and, as you may guess, our company was focused dominantly on transportations from Russian to Italy and backwords. These 8 years were full of good and bad things, but 24-02-2022 was a REAL blow to the industry. Now companies in Russia are trying to reorganise transportations via Turkey, but it's too long and expensive way and lots of goods are under sanctions.
We all are living in tough times, but I hope and believe we wil restore our business sooner or later .

Grazie, Italia. Ti amo e tutto andrà bene!

[andrewirungu]

How this little film ended up becoming anti-russia, anti-putin baffles me. It's supposed to be about italian companies for God's sake.

[ДаниилСоколов-дъ]

"I'm not locked in here with you. You're locked in here with me!" - Rorschach

"I'm not isolated from western market. Western market is isolated from me!" - Putin

[usmanabdullahi]

The problem with Europe is, they have now turned into the Americans colonies - doing the biddings of Washington without asking questions or even trying to understand what the actions they take means to their wellbeing.

[acidbot]

I really admire Europeans superior ability to shoot themselves on the foot and undermine their own people's interests with such vitality in order to please their American masters at Washington DC...
It is truly impressive!

[kukulroukul]

'' It is better to be a warrior in a garden than a gardener in a war ''

[leelilly]

Russian economy is really doing well, better than UK. How this sanction reaches its goal as US set up for isolating Russia and making Rubble to Rubber? Geopolitically, US domination is challenged seriously for its double standard of democracy and freedom. I would say that without US, Ukraine - Russia war would not have happened.

[mukundarammondal]

The sorrowful question is --- do the EU countries have any sovereignty at all ? EU countries have long ago mortgaged/hypothecated their sovereignty to NATO boss US. Final decision-maker is always Uncle Sam.
A section of Politicians of EU have tacit transactions of gifts and rewards from Military Industrial Complex of US. But why common people will suffer for their connivance ?

[zvilender]

Europe should first consider European interests before it considers any US interests.

[Doge]

My uncle's company already in 2015 suffered a lot from the first sanctions against Russia, indeed if I remember correctly italy was the only country that was against at the time.

[liberalcynic]

It’s northern Italy that is suffering; the south has been suffering for decades. Perhaps there might be a new social contract between the two?

[amuro]

i like that this was pubblished on 25 of April, the italian’s day of remember the liberation of Nazi-fascism, well done FT

[sternrobinson]

What a twisted interpretation of Russia and Italy deplomatic and economic relation, reduce to personal relation with Putin.

[dannysema]

Fun fact....most European countries are still USA colonies. Italy is one.

[Brightly]

Italian people should asked themselves "what is important for italy & italians ?"
Then next question "Do italian people see the ukraine war as really how it is or as how the US & EU leaders wanted them to see ?"

[attenzioneallontanarsidall]

Italy is the second industrial power in Europe after Germany:
Here’s a look at manufacturing by country 2023, focusing on the world’s top ten manufacturing countries and what they contribute to the global manufacturing economy:
China – 28.4%
United States – 16.6%
Japan – 7.2%
Germany – 5.8%
India – 3.3%
South Korea – 3.0%
Italy – 2.3%
France – 1.9%
United Kingdom – 1.8%
Mexico – 1.5%

[harryleimgruber]

Italy, my favourite country, is at own fault! The minister of economy should consider first of all the importance of his industry to Russia before blindly sign one sanction to another! If such lovely factories go bankrupt, it's the mistake of short sighted Rome!