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The Economist is an English-language weekly magazine-format newspaper owned by the Economist Group and edited at offices in London. Continuous publication began under its founder, James Wilson, in September 1843. In 2015 its average weekly circulation was a little over 1.5 million, about half of which were sold in the United States.
First, why does it call itself a newspaper? Even when The Economist incorporated the Bankers' Gazette and Railway Monitor from 1845 to 1932, it also described itself as "a political, literary and general newspaper". It still does so because, in addition to offering analysis and opinion, it tries in each issue to cover the main events—business and political—of the week. It goes to press on Thursdays and, printed simultaneously in six countries, is available in most of the world's main cities the following day or soon after. Readers everywhere get the same editorial matter. The advertisements differ. The running order of the sections, and sometimes the cover, also differ. But the words are the same, except that each week readers in Britain get a few extra pages devoted to British news.
The publication belongs to the Economist Group. It is 50% owned by the English branch of the Rothschild family and by the Agnelli family through its holding company Exor. The remaining 50% is held by private investors including the editors and staff. The Rothschilds and the Agnellis are represented on the board of directors. A board of trustees formally appoints the editor, who cannot be removed without its permission. Although The Economist has a global emphasis and scope, about two-thirds of the 75 staff journalists are based in the London borough of Westminster. For the year to March 2016 the Economist Group declared operating profit of £61m. Previous major shareholders include Pearson PLC.
1899 Giovanni Agnelli with some other entrepreneurs founds the Fabbrica Italiana Automobili Torino (FIAT).
Fiat is founded at the end of the 1800s – a period filled with the fervor of grand initiatives, inventive spirit and new ideas – and is destined to rapidly become one of the world’s leading industrial groups. 1899: on July 11th, the deed of incorporation is signed giving birth to Società Anonima Fabbrica Italiana di Automobili Torino – F.I.A.T. The first car built is the 4 HP. 1900: the first plant is inaugurated and production reaches 24 cars a year. 1902: Giovanni Agnelli becomes Managing Director.
he deal was completed on January 21, 2014, making Chrysler Group a subsidiary of Fiat S.p.A. In May 2014, Fiat Chrysler Automobiles, NV was established by merging Fiat S.p.A. into the company. This was completed in August 2014.
Italy's Exor to take stake in Rothschild holding -source
MILAN, April 17 (Reuters) - Italy’s Exor, controlled by Fiat’s Agnelli family, will take a stake in Rothschild holding Paris Orleans when the French banking family consolidates its operations from June 4, a person familiar with the situation said. “Exor will take a stake in Paris Orleans as part of the French group’s reorganization,” said the person on Tuesday.
Exor’s move will cement a link between two of Europe’s most powerful families, both of which have evolved with their car and banking businesses. Paris Orleans was founded in 1838, although the Rothschild family’s roots in finance go back to the end of the 18th century. Fiat was founded in 1899 by a group of investors including Giovanni Agnelli. Paris Orleans will buy out the minority stakes in its subsidiaries, including N.M.Rothschild in London, the banking family said on April 4, as well as the group’s French asset management business. The move will make the Rothschild group’s capital base stronger under new, tougher regulations, as well as maintain the family’s grip on the business.
The Agnelli family is an Italian multi-industry business dynasty founded by Giovanni Agnelli, one of the original founders in Piedmont (in 1899) of what became the FIAT motor company. They are also primarily known for other activities in the automotive industry as the owners of Ferrari since 1969, Lancia (1969), Alfa Romeo (1986) and Chrysler (2009) through their own multinational corporation, as well as for having been the main operators of the Juventus F.C. of the Italian Serie A since 1923 and its majority owners since its conversion to a public limited company in 1967. By 2010 the family controlled Italy’s largest manufacturer, Fabbrica Italiana Automobili Torino (FIAT), through its holding company EXOR N.V.. The family has sometimes been described in the English-speaking world as "the Kennedys of Italy" and compared in the Italian-speaking world to the historic Florentine Republic's Medici family and the House of Savoy, from the duchy of the same name, for their role in the country's contemporary history and their activity of patronage in modern art and in sports. As of 2008, the extended Agnelli family included over two hundred members.
It is much better to research properly, without prejudice, and then we can avoid fake news and anti Semitism. I am not anti anybody. I just want to know the truth and stay informed of who we are and where we came from on all levels. It matters greatly to me.