No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, February 12, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

The Strait Of Messina – A NATO Project?

by TheAdviserMagazine
5 months ago
in Economy
Reading Time: 2 mins read
A A
The Strait Of Messina – A NATO Project?
Share on FacebookShare on TwitterShare on LInkedIn


Perhaps the most significant infrastructure project in recent Italian history is the proposal to build a bridge connecting Sicily to the mainland. The Strait of Messina Bridge would be the world’s longest single-span suspension bridge, spanning 2.05 miles (3.3 kilometers), connecting Calabria to Sicily. The government is seeking ways to generate the €13.5 billion (around $15.6 billion) in funding, and one new proposal is to count it toward NATO spending.

Italy has proposed that the Strait of Messina be included in its 5% NATO spending target. The Italian government believes that the bridge could be used to facilitate the movement of troops, military vehicles, and aid from Sicily to the mainland in the event of war. Since the bridge has the potential for dual usage, Italy is urging NATO to permit it to count it toward their contribution.

The US ambassador of NATO, Matthew Whitaker, immediately shot down the idea, attributing the notion to “creative accounting.” “It should not include bridges that have no strategic military value,” Whitaker warned, “It’s not schools that somehow, in fantasy land, would be for some military reason.” Instead, the ambassador believes all contributions must be related to “hard defense capabilities” such as military equipment or spending on Ukrainian infrastructure. Basically, spend on the US military industrial complex or directly on Ukraine with no room for margin.

Yet, the stipulation is for nations to spend 1.5% of their 5% obligation on infrastructure projects. The allied troops certainly could have used a bridge from Sicily to the mainland during World War II. The NAS Sigonella is located in Sicily as one of the larger NATO bases. The US also has a Naval Air Station in Sicily as the US was awarded some land in Sicily in 1957.

The Italian government responded as a good colony of the European Union. The Transport and Infrastructure Ministry (MIT) clarified that there is no plan to use NATO resources to fund the project. “The Strait of Messina Bridge is already entirely financed by State resources, and no defense funds are earmarked,” it said. “The possible use of NATO resources is not currently on the agenda, and, above all, it is not an absolute necessity.” However, that was never the issue as Italy was merely requesting the 13.5 billion euros to count toward its spending obligation.

All of these alliances come with strings attached. NATO, similar to the EU, benefits those at the top who dictate how others are to spend their funds in a way that ensures the top contributors benefit more than the others.



Source link

Tags: MessinaNATOprojectStrait
ShareTweetShare
Previous Post

More Than a Name: How Assignment Labels Influence Student Learning and Performance – Faculty Focus

Next Post

Weak BLS Data And Rate Cuts

Related Posts

edit post
Market Talk – February 12, 2026

Market Talk – February 12, 2026

by TheAdviserMagazine
February 12, 2026
0

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 10.70 points or -0.02% to...

edit post
The January CPI inflation report is due out Friday morning. Here’s what it’s expected to show

The January CPI inflation report is due out Friday morning. Here’s what it’s expected to show

by TheAdviserMagazine
February 12, 2026
0

Customers shop at Walmart on January 22, 2026 in Little Rock, Arkansas.Will Newton | Getty ImagesInvestors got some good news...

edit post
Links 2/12/2026 | naked capitalism

Links 2/12/2026 | naked capitalism

by TheAdviserMagazine
February 12, 2026
0

Like mother, like boar: Fukushima pig escape reveals a genetic fast track EurekAlert! New Study Shows People with Higher Cholesterol...

edit post
Economic Freedom in Contexts of Crisis: An Austrian Analysis for 2026

Economic Freedom in Contexts of Crisis: An Austrian Analysis for 2026

by TheAdviserMagazine
February 12, 2026
0

The history of human progress is not written by government decrees, but by freedom of choice and the protection of...

edit post
Property Rights and the Arctic Contest

Property Rights and the Arctic Contest

by TheAdviserMagazine
February 12, 2026
0

In recent years, the Arctic has returned to the center of public attention: the renewed interest in Greenland, the progressive...

edit post
Austrian Economics Advances in the QJAE

Austrian Economics Advances in the QJAE

by TheAdviserMagazine
February 12, 2026
0

New developments in Austrian economics appear regularly in the Quarterly Journal of Austrian Economics. The QJAE is one of the...

Next Post
edit post
Weak BLS Data And Rate Cuts

Weak BLS Data And Rate Cuts

edit post
Alibaba (BABA) Reaffirmed Buy as Analysts See GenAI Tailwinds

Alibaba (BABA) Reaffirmed Buy as Analysts See GenAI Tailwinds

  • Trending
  • Comments
  • Latest
edit post
Medicare Fraud In California – 2.5% Of The Population Accounts For 18% Of NATIONWIDE Healthcare Spending

Medicare Fraud In California – 2.5% Of The Population Accounts For 18% Of NATIONWIDE Healthcare Spending

February 3, 2026
edit post
North Carolina Updates How Wills Can Be Stored

North Carolina Updates How Wills Can Be Stored

February 10, 2026
edit post
Key Nevada legislator says lawmakers will push for independent audit of altered public record in Nevada OSHA’s Boring Company inspection 

Key Nevada legislator says lawmakers will push for independent audit of altered public record in Nevada OSHA’s Boring Company inspection 

February 4, 2026
edit post
Where Is My South Carolina Tax Refund

Where Is My South Carolina Tax Refund

January 30, 2026
edit post
Washington Launches B Rare Earth Minerals Reserve

Washington Launches $12B Rare Earth Minerals Reserve

February 4, 2026
edit post
Wells Fargo moving wealth HQ to Florida

Wells Fargo moving wealth HQ to Florida

January 20, 2026
edit post
Grand Rapids Could Become a Boomtown as Investment Money Pours In

Grand Rapids Could Become a Boomtown as Investment Money Pours In

0
edit post
Instagram boss reveals he’s paid 0K per year plus stock worth ‘tens of millions of dollars’ as he denies ‘addiction’ claims

Instagram boss reveals he’s paid $900K per year plus stock worth ‘tens of millions of dollars’ as he denies ‘addiction’ claims

0
edit post
Economic Freedom in Contexts of Crisis: An Austrian Analysis for 2026

Economic Freedom in Contexts of Crisis: An Austrian Analysis for 2026

0
edit post
Crypto PAC to Oppose Al Green in Texas Democratic Primary

Crypto PAC to Oppose Al Green in Texas Democratic Primary

0
edit post
Florida’s New 30‑Day Deadline for Patient Overpayment Refunds

Florida’s New 30‑Day Deadline for Patient Overpayment Refunds

0
edit post
Leumi buys 20% stake in Delek Israel ahead of Hot acquisition

Leumi buys 20% stake in Delek Israel ahead of Hot acquisition

0
edit post
Crypto PAC to Oppose Al Green in Texas Democratic Primary

Crypto PAC to Oppose Al Green in Texas Democratic Primary

February 12, 2026
edit post
Bruker Shares Tumble on Q4 Earnings Miss and Weaker Margins Despite 2026 Growth Outlook

Bruker Shares Tumble on Q4 Earnings Miss and Weaker Margins Despite 2026 Growth Outlook

February 12, 2026
edit post
Agrochem stocks surge on strong Q3, trade deal

Agrochem stocks surge on strong Q3, trade deal

February 12, 2026
edit post
Head of PNC wealth unit lays out plans to hire hundreds of advisors

Head of PNC wealth unit lays out plans to hire hundreds of advisors

February 12, 2026
edit post
The “Election Worker” Tax Surprise: Why Some Poll Pay Is Now Social Security Taxable

The “Election Worker” Tax Surprise: Why Some Poll Pay Is Now Social Security Taxable

February 12, 2026
edit post
Florida’s New 30‑Day Deadline for Patient Overpayment Refunds

Florida’s New 30‑Day Deadline for Patient Overpayment Refunds

February 12, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Crypto PAC to Oppose Al Green in Texas Democratic Primary
  • Bruker Shares Tumble on Q4 Earnings Miss and Weaker Margins Despite 2026 Growth Outlook
  • Agrochem stocks surge on strong Q3, trade deal
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.