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Nov 3, 2011

ITALY News, Nov 03, 2011


Berlusconi faces mounting pressure to go
Reuters
Italy Prime Minister Silvio Berlusconi leaves at the end of a meeting in Rome October 28, 2011. By James Mackenzie ROME (Reuters) - Pressure rose on Italy's besieged Prime Minister Silvio Berlusconi to quit Thursday, as six former parliamentary ...
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Reuters
Italian Banks May Rely More on ECB Funding, Bank of Italy Says
BusinessWeek
3 (Bloomberg) -- Italian banks may be forced to increase their reliance on emergency funding from the European Central Bank as their liquidity levels dropped for the second month, the Bank of Italy said. Italian banks' liquidity fell in September and ...
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BNP cuts Italy exposure by 8 bln eur as Greece hits Q3
Reuters
But even more striking was its reduction in exposure to Italy -- which the bank has always insisted had a handle on its debt crisis -- by 8.3 billion euros, or 40 percent, and to Spain by 2.2 billion euros, or 81.5 percent. "It was a surprise . ...
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Greek fears lift Italian yields to euro-era high
Financial Times
By David Oakley Italian bond yields rose close to critical levels that traders fear could spark a steep sell-off in the market, which could force Rome to seek a bail-out in a repeat of the experience of Ireland and Portugal in the run-up to their ...
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G20 discussing Italy, Spain firewall-Indian official
Reuters
CANNES, France Nov 3 (Reuters) - Leaders of the Group of 20 leading economies are discussing how to protect major euro zone economies Italy and Spain from being drawn deeper into the bloc's debt crisis, an Indian official said on Thursday. ...
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Italian borrowing rates soar as govt weakens
MiamiHerald.com
By COLLEEN BARRY AP Business Writer MILAN -- Premier Silvio Berlusconi's government failed to come up with immediate growth measures to show a summit of world leaders, sending Italy's borrowing rates to dangerous new highs Thursday and igniting talk of ...
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Italy's Luna Rossa Challenge and fashion house Prada are back in the America's ...
ESPN
The Italians announced Wednesday that their challenge for the 2013 America's Cup has been accepted by Golden Gate Yacht Club. The late challenge comes as the other teams are preparing for the third stop on the America's Cup World Series, starting next...
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Remains are 'earliest Europeans'
BBC News
By Jonathan Amos Science correspondent, BBC News Two baby teeth and a jaw fragment unearthed in Italy and the UK have something revealing to say about how modern humans conquered the globe. The finds in the Grotta del Cavallo, Apulia, and Kents Cavern, ...
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BBC News
Gandy Says Italy Contagion Is 'Real Worry' for Markets
Washington Post
Nov. 3 (Bloomberg) -- Bridget Gandy, co-head of the EMEA financial institutions group at Fitch Ratings, talks about the Greek debt crisis and threat of contagion. She speaks with Francine Lacqua on Bloomberg Television's "The Pulse. ...
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G20 calls for Italy to get near budget balance in 2013
Reuters
CANNES, France Nov 3 (Reuters) - Italy has committed to get its budget deficit "near balance" by 2013 and to rapidly reduce its debt-to-GDP ratio, according to a draft plan agreed with the G20 on Thursday. "Italy commits to reaching a rapidly declining ...
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Italian borrowing rates keep rising
BusinessWeek
Italy's borrowing rates soared again on Wednesday as top officials sought agreement on concrete measures to prevent the continent's sovereign debt crisis from engulfing the eurozone's third-largest economy. Yields on 10-year bonds jumped to 6.19 ...
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Italian Government Has Political Support To Last Until 2013-Alfano
Wall Street Journal
ROME (Dow Jones)--Italy's government has enough political support to last until 2013, said Forza Italia secretary Angelino Alfano Thursday at a press conference after a visit to the office of Italian President Giorgio Napolitano. ...
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Italian banks keen on setting up branches in India
Hindu Business Line
Business Line Mr Giacomo Sanfelice di Monteforte (left), Ambassador ofItaly to India; with Mr SP Velumani, Tamil Nadu Industry Minister; Mr TT Ashok, Chairman, CII-Southern Region and Mr N. Sundaradevan, Tamil Nadu Industries Secretary, ...
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Hindu Business Line
Italy asks Czech foreign minister to explain Berlusconi sex quip
Czech Position
Asked to comment on Italy's place in the eurozone, Czech Foreign Minister and deputy PM Karel Schwarzenberg told Czech daily LidovĂ© noviny in an interview published on Saturday that Prime Minister Silvio Berlusconi had “f**ked away” a window of ...
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Czech Position
New coach Jacques Brunel aims for Italy to join top 6 rugby nations in the world
Winnipeg Free Press
By: Daniella Matar, AP BOLOGNA, Italy - Newly appointed Italy coach Jacques Brunel wants his team to become a contender to win the Six Nations within three years and then join the top six rugby nations in the world. The Frenchman was presented Thursday...
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Euro-Zone Leaders Debating How To Prevent Contagion Hitting Italy - Source
Wall Street Journal
CANNES, France (Dow Jones)--Euro-zone leaders at a summit here Thursday are debating how to prevent the currency area's debt crisis from engulfing Italy, a person familiar with the talks said. Leaders and finance minister from the Group of 20 largest ...
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Simply Italian Great Wines will be Held on 23rd November in Shanghai -- A ...
PR Newswire (press release)
3, 2011 /PRNewswire-Asia/ -- IEM (International Exhibition Management), the Italianagency specialized in promoting Wines of Italy all over the world, will once again bring its signature event Simply Italian Great Wines to Shanghai. ...
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Life in Italy not all fun for DaJuan Summers
Yahoo! Sports
He left his Italian team after only four games. Any other American NBA player considering making a similar job to Europe or Asia during the ongoing lockout might want to talk to Summers first. “I would tell them to be prepared for any and everything ...
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Yahoo! Sports
Eurospot: Prandelli's best-laid plans in chaos
Eurosport.com AU
A crude reading of Italy's Euro 2012 qualifying campaign would be that after a traumatic World Cup experience, the Azzurri reverted safely to stereotype under Cesare Prandelli - the kings of Catenaccio conceding only two goals in 10 qualifiers, ...
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Eurosport.com AU
Italtel Creates two Data Centers for the Italian Army
MarketWatch (press release)
ROME, November 3, 2011 /PRNewswire via COMTEX/ -- The company has a long and fruitful association with the Italian Army, for which it managed innovative projects in different locations. This year too, Italtel is present at the "Military Forces Day" ...
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Carol Field's 'The Italian Baker' republished
San Francisco Chronicle
Carol Field, author of "The Italian Baker," will release an updated version this month. "I wrote this book in the golden age of bread," she says. "It's not the golden age anymore." Carol Field's description of pizza, as written in the original edition ...
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Italian banks buoyed by cabinet action hopes
Financial Times
By Duncan Robinson Italian banks led a recovery in European equities as hopes of a more decisive economic policy from the Italian government and talk of a Bank of Italybond swap buoyed investors. Shares in Italian lenders leapt after Italy's prime ...
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Focusing On Greece With An Eye On Italy
Seeking Alpha
As can be seen in the graph below the PMI reading is pointing to a very likely recession in Italy: One also needs to keep an eye on the 10-year Italian and German yield spreads (shown in the graph below). CNBC yesterday reported that LCH. ...
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Italy Treasury Says Banks Have Ample Margins To Tap Refinancing
Wall Street Journal
MILAN (Dow Jones)--Italy's banks are facing funding difficulties in wholesale markets because of the sovereign debt crisis and slow growth, Italy's Economy Ministry said Wednesday, adding that Italian banks have "ample margins" to tap refinancing in ...
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That's amore! Elisabetta Canalis canoodles with new love Mehcad Brooks in Italy
Daily Mail
The 33-year-old Italian beauty proudly paraded her new younger man, actor Mehcad Brooks, 31, around her native Italy today. She brought the former True Blood star to Milan, which is where she attended university; she is originally from Sardinia. ...
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Daily Mail
Italy taking emergency steps to avoid spread of ... - Siam Daily News
By XinhuaNET.COM
Italy taking emergency steps to avoid spread of Greece's economic crisis A day afternews that Greece would hold a referendum to ratify the aid package many.
Siam Daily News Online
OM in the News: Fiat Threatens to Quit Italy « Jay and Barry's OM Blog
By Barry Render
Fiat CEO Sergio Marchionne has recently threatened to cease manufacturing in Italy if he cannot bring down operating costs and increase productivity. This article in Businessweek (Oct.28-Nov.4, 2011) can make for an interesting class ...
Jay and Barry's OM Blog
The countdown for Florence Marathon 2011 ... - About Italy News Blog
By guido
Once again, one of the most beautiful cities in the world gets ready for 28th edition of its marathon, which will take place on 27th November with an itinerary.
About Italy News Blog
Formula 3 test in Italy for Manitoban race car driver - Community ...
By mySteinbach.ca
After a promising 2011 season, Niverville native and Silver Jeans Co. sponsored driver, David Richert, has been invited by an Italian race team to test their Formula 3 car at the world famous Autodromo Enzo e Dino Ferrari in Imola, Italy. ... Steinbach and Area Community News. | More ...
Community News Blog
Soaring yields push Italy to the brink | Economy | News | Financial Post
The shock wave from Greece's referendum bombshell rang through European debt markets Wednesday, raising new doubts that the crisis can be stopped.
FP Top Stories List
BNP cuts Italy exposure as Greece hits Q3 (Reuters ... - Rocket News
By Editor - Business News
PARIS (Reuters) – France's biggest listed bank BNP Paribas (BNPP.PA) slashed its exposure to Greece, Italy and Spain by more than 12 billion.
Rocket News
XE.com - G20 calls for Italy to get near budget balance in 2013
Italy has committed to get its budget deficit 'near balance' by 2013 and to rapidly reduce its debt-to-GDP ratio, according to a draft plan agreed with the G20 on Thursday.
XE Forex News
Italy's Debt Weighs On Europe | KOSU Radio
By KOSU News
Italy's Debt Weighs On Europe. Filed by KOSU News in World News. November 3, 2011. If Greece is the first act in the eurozone's debt-crisis drama, the second act would beItaly's economy. Italian Prime Minister Silvio Berlusconi is expected ...
KOSU Radio
Italy's Berlusconi faces mounting pressure to go – In2EastAfrica – All ...
By In2EastAfrica
Thursday 03 November, 2011. Home · National · Burundi · Kenya · Rwanda · Tanzania · Uganda · World News · East African Community ... (Reuters) – Pressure mounted onItaly's besieged Prime Minister Silvio Berlusconi to quit on Thursday, as six former parliamentary loyalists called for a new government and the squabbling cabinet failed to agree an urgent economic reform program. The rebel deputies, three of whom have already left Berlusconi's crumbling coalition, wrote to the ...
In2EastAfrica - All East African...
Italian Olives Recalled Over Botulism Concerns - Food Safety News
By info@foodsafetynews.com (News Desk)
Italian Olives Recalled Over Botulism Concerns. by News Desk | Nov 03, 2011. Nearly a week after a woman in Finland died from botulism poisoning -- the result of eating taintedItalian olives -- a U.S. distributor is warning consumers not to eat ...
Food Safety News
Video: Flash floods tear through town in northern Italy - Telegraph
At least five people have died and streets have been turned into rivers in the Liguria and Tuscany regions of Italy after torrential rain caused rivers to break their ...
www.telegraph.co.uk/.../Flash-floods-tear-through-town-in-no...
Italy opposition will try to force Berlusconi out
By James Mackenzie ROME (Reuters) - Italy's opposition parties will try to defeat Prime Minister Silvio Berlusconi in parliament next week in a bid to force ...
www.reuters.com/.../us-italy-crisis-opposition-idUSTRE7A176...
Italy flash flooding leaves 9 dead, several missing - World - CBC News
Torrential rains lashed Italy from its northern Alps to the southern island of Sicily, causing flash floods that killed at least nine people and left six others missing, ...
www.cbc.ca/news/world/story/2011/.../italy-flash-floods.html
prosecco offer at jamie's italian | News | Jamie Oliver (UK)
jamie magazine; home cooking skills; home cooking skills australia; videos; competitions; dating; wine. /news/prosecco-offer-at-jamie-s-italian-1. news stories ...
www.jamieoliver.com/news/prosecco-offer-at-jamie-s-italian-1
Italy Strains to Resist the Tug of the Debt Whirlpool
Prime Minister Silvio Berlusconi of Italy is facing mounting pressure to enact economic changes. Follow @nytimesworld for international breaking news and ...
www.nytimes.com/.../italy-strains-to-resist-the-tug-of-the-debt-...
Italian Banks May Rely More on ECB Funding, Bank of Italy Says
3 (Bloomberg) -- Italian banks may be forced to increase their reliance on emergency funding from the European Central Bank as their liquidity levels ...
www.businessweek.com/.../italian-banks-may-rely-more-on-ec...
Italian Borrowing Costs Soar - ABC News
Italian news reports said Premier Silvio Berlusconi met earlier at his office with key ministers about Italy's economic strategy following the latest market ...
abcnews.go.com/.../italian-borrowing-costs-soar-14865250
AccuWeather.com - News | Italy Flash Flood Devastates Seaside ...
Flash flooding has killed at least 8 people in northwestern Italy following torrential , early-week rain.
www.accuweather.com/.../italy-flash-flood-devastates-s.asp
Libya Italy news, pictures, analysis, briefings, comment & opinion ...
The latest Libya Italy news, pictures, analysis, comment and opinion from The Week UK.
www.theweek.co.uk/tags/libya-italy
Latest Study Italian Italy News | Languages Online Italian
Italy October Industrial Output Seen Down 0.3% On Month -Study ROME -(Dow Jones)-Italian industrial production probably fell in October and the outlook.
www.languagesonlineitalian.com/latest-study-italian-italy-news

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