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NEWS
April 28, 2013 | By Frances D'Emilio, Associated Press
ROME - Center-left leader Enrico Letta forged a new Italian government Saturday in a coalition with former Prime Minister Silvio Berlusconi's conservatives, an unusual alliance of bitter rivals that broke a two-month political stalemate from inconclusive elections in the recession-mired country. The daunting achievement was pulled off by Letta, who will be sworn in as prime minister along with the cabinet Sunday. Letta, 46, is a moderate with a reputation as a political bridge-builder.
NEWS
April 20, 2013 | By Frances D'emilio, Associated Press
ROME - Italy's polarized Parliament failed in a second day of balloting Friday to elect a president, as the high-profile candidacy of ex-Premier Romano Prodi fell far short of the votes needed. The rebuff deepened the political paralysis gripping the eurozone's third-largest economy. Prodi, the only politician to defeat media mogul Silvio Berlusconi for the premier's office, was the center-left's latest choice to be Italy's next head of state, replacing President Giorgio Napolitano, whose seven-year term expires next month.
SPORTS
April 15, 2013
ADAM STROUSS (Episcopal Academy) ran 6 yards for a touchdown and passed 3-for-7 for 35 yards as Team Stars & Stripes crushed the Italian Under-19 National Team, 67-7, Saturday in Torino, Italy. Also, Germantown Academy's Matt Levy caught a TD pass. Defensive back Matt Rushton (Episcopal) and linemen Matt McLaughlin, Jack Florio (both Episcopal), Mark Opaliski (Penn Charter) and Vince LoStracco (Father Judge) were also on the U.S. squad, and former Episcopal coach Bill Gallagher was an assistant.
BUSINESS
March 28, 2013 | By Matthew Craft, Associated Press
NEW YORK - Investors just can't get past Europe. Renewed worries about the long-running debt crisis weighed on the Dow Jones industrial average Wednesday and held the Standard & Poor's 500 index back from reaching an all-time high. Investors are watching to see whether Cyprus can shore up its banking system. They are also keeping an eye on Italy, where political parties are struggling to form a new government in the eurozone's third-largest economy. The Dow fell 33.49 points to close at 14,526.16, a loss of 0.2 percent.
NEWS
March 21, 2013
Mayor Nutter will spend the next five days in Florence, Italy, comparing notes on the creative economy with a delegation from the U.S. Conference of Mayors and an organization of Italian counterparts. The full tab for airfare, lodging and meals will be picked up by the Conference of Mayors at no cost to city taxpayers, said Mark McDonald, the mayor's press secretary. At 10 a.m. Thursday in Florence (5 a.m. Philadelphia time), Nutter will join a panel discussion on culture and sports as contributors to economic development.
SPORTS
March 10, 2013
Ordinarily, we at Touch 'Em All stay away from novelty sports like the World Baseball Classic, but when the Romans win their second game in a row - on a mercy ruling, no less - we have to write something. Italy routed Canada, 14-4, Friday in Phoenix to improve to 2-0 in group play. The game was called after Italy scored five times in the eighth to make it a 10-run game. Italy takes on Team USA on Saturday. The Italians are the reigning European champion, so it's hard to malign their victory - even if they did began as a 100-1 choice to win it all. By the way, Italy's only other win in the classic came in 2009 . . . against Canada.
SPORTS
March 9, 2013 | Associated Press
SCOTTSDALE, Ariz. - Anthony Rizzo hit a two-run double off San Francisco Giants closer Sergio Romo in the ninth inning and Jason Grilli escaped a bases-loaded jam in the bottom half to help Italy rally to beat Mexico, 6-5, in the opening game of Pool D in the World Baseball Classic on Thursday. Romo (0-1) entered to a loud ovation from the Mexican fans, but gave up three hits, the last a fly ball by Rizzo to the warning track in left that Mexican outfielder Edgar Gonzalez couldn't handle in the sunlight at Salt River Fields.
BUSINESS
March 3, 2013 | By Pan Pylas, Associated Press
LONDON - Italy's voters gave their verdict on the austerity medicine they've been forced to take when they went to the polls this week. By Friday, one of the reasons behind the protest was highlighted when the country's unemployment rate hit its highest level in at least two decades. Official figures Friday showed that unemployment in the country in January rose to 11.7 percent from the previous month's 11.3 percent. January's figure was the highest since the current way of measuring unemployment was introduced in 1992.
BUSINESS
February 27, 2013 | By Steve Rothwell, Associated Press
NEW YORK - Stocks had their worst drop in more than three months as the prospect of political paralysis in Italy raised the specter of Europe's debt crisis flaring up again. The Dow Jones industrial average fell 216.40 points, or 1.6 percent, to 13,784.17, its biggest drop since Nov. 7. The Standard & Poor's 500 index fell 27.75 points, or 1.8 percent, to 1,487.85, dropping below 1,500 for the first time in three weeks. The Nasdaq composite dropped 45.57 points, or 1.4 percent, to 3,116.25.
NEWS
February 10, 2013 | By Anthony Faiola, Washington Post
PALERMO, Italy - Inside a midnight-blue BMW, a Sicilian entrepreneur delivered his pitch to the accused mob boss. A new business was blowing into Italy that could spin wind and sunlight into gold, ensuring the future of Earth as well as the Cosa Nostra: renewable energy. "Uncle Vincenzo," implored the businessman, Angelo Salvatore, using a term of affection for the alleged head of Sicily's Gimbellina crime family, Vincenzo Funari, 79. According to a transcript of their wiretapped conversation, Salvatore continued: "For the love of our sons, renewable energy is important.
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