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July 30, 2012

Palermo and its Mafia revisited

Judith Harris

To this day the full story of the murders of Falcone and Borsellino twenty years ago, while clearly a direct result of their anti-Mafia prosecutions, remains an enigma shrouded in...

July 27, 2012

Summer spreads out the spread

Judith Harris

The upward surge of the spread to today's 506.48 for 10-year bonds (but 519 at the opening of the markets) has reignited interest in holding elections this November, six months...

July 22, 2012

A New Family Style for Italy

Judith Harris

Gay civil unions? The traditional family has always been the bulwark of Italy, its citadel, saving grace and court of financial last resort. But even within this venerable...

July 14, 2012

Italy in a bad Mood(y's)

Judith Harris

Five words sum up Italy in this hot mid-summer, and not one is Italian. Here they are, in no particular order: spread, Moody's, Porcellum (a bastardized Latin word coined by the...

July 6, 2012

Vatican Passes Money Laundering Test (Sort of)

Judith Harris

There were no fireworks this 4th of July in Strasbourg, where the otherwise clamorous case of the Vatican bank, Istituto per le Opere Religiose (IOR), founded in 1942, was put on...