The region of Lombardy launched the platform M.A.D.E. in Milan with the aim of uniting the leading International Fashion Fairs taking place in the city of Milan. This initiative was presented at the Rainbow Room in Manhattan
Italy's Culture Minister Sandro Bondi announced that the government will appoint a special commissioner to deal with the country's "archaeological emergency". Looming in the background is privatization of archaeological sites and their exploitation...
Italy's Culture Minister Sandro Bondi announced that the government will appoint a special commissioner to deal with the country's "archaeological emergency". Looming in the background is privatization of archaeological sites and their exploitation...
Lo scorso 17 febbraio il direttore editoriale Simone Casavecchia ha presentato il volume "Non solo Gomorra. Tutto il cinema di Matteo Garrone" all'Istituto Italiano di Cultura di New York.
VOA NEWS. Pope Benedict XVI has named the archbishop of Milwaukee, Timothy Dolan, as the new archbishop of New York. In the 1970s, Dolan studied at the Pontifical North American College in Rome, an elite seminary that has produced several prominent U.S. church leaders. (Read the Article)
REUTERS. A gas company belonging to Russian tycoon Viktor Vekselberg has got clearance from Italian authorities to build one of Europe's largest gas storages in Italy by 2011.
Swiss-based Avelar Energy, which forms part of Vekselberg's Renova holding, said in a statement it would invest 400 million euros ($512.5 million) to build the storage in the province of Matera in Southern Italy. (Read the Article by Dmitry Zhdannikov)
[ LESS ]EASY BOURSE. Italy's foreign minister Frattini said he hoped the U.S. would agree to an Italian proposal to invite Iran to talks on stabilizing war-torn Afghanistan during a Group of Eight diplomats meeting in June: "We would like Iran seriously involved in the stabilization (of Afghanistan) and that it should be conducted in a transparent way". (Read the Article)
MEDIA MATTERS FOR AMERICA. In recent days, CNN has repeatedly aired a report by Drew Griffin on House Speaker Nancy Pelosi's trip to Italy, with Griffin questioning "[w]hy, in a time of economic crisis, would the speaker, who happens to be of Italian heritage, travel to Italy." Griffin stated in his report that Pelosi "has been going to museums in Florence, receptions at night, and was even presented with the birth certificates of her grandparents by the head of the Italian chamber of deputies."
In discussing Griffin's report, CNN anchors called the trip a "junket overseas at taxpayer expense," said critics view it as Pelosi "living the dolce vita," and claimed the purpose of the trip is "to meet with Italian leaders and visit museums". (Read the Article)
[ LESS ]NPR. The Italian car manufacturer Fiat says it still wants a big piece of the troubled U.S. automaker Chrysler. Fiat spokesman Gualberto Ranieri said that Fiat will be providing the American carmaker with $3 billion to $4 billion worth of technology.
Fiat says it will not get a penny of any possible U.S. government bailout funds for Chrysler, and Ranieri insists that all production will be on U.S. soil. If the deal works out, Fiat would have access to Chrysler's distribution network and realize its decades-old dream to enter the large and lucrative U.S. market. (Read the Article by Silvia Poggioli)
[ LESS ]EASY BOURSE. Italian Economy Minister Giulio Tremonti plans to sign final documents Wednesday to start a long-delayed government program to lend EUR12 billion to Italian banks to keep credit to industry flowing, people familiar with the situation said.
The move paves the way for several of Italy's largest banks, including Intesa Sanpaolo SpA, UniCredit SpA and Banca Monte dei Paschi di Siena SpA, to tap the facility by issuing bonds that the government will buy. (Read the Article by Jennifer Clark)
FINANCIAL TIMES. France's EDF and Enel of Italy - Europe's largest utilities - are set to relaunch Italy's nuclear industry after a 22-year hiatus. The move will follow an accord due to be signed in Rome today by President Nicolas Sarkozy of France and Silvio Berlusconi, Italian premier.