February 27, 2013 |
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.
February 10, 2013 |
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.
December 30, 2012 |
ROME - Italian Premier Mario Monti announced Friday that he is heading a new campaign coalition made of up centrists, business leaders, and pro-Vatican forces who back his "ethical" vision of politics, aiming for a second mandate in office if his fledging reform movement wins big in parliamentary elections. After a four-hour huddle with his supporters, Monti ended weeks of speculation at home and abroad about whether the internationally respected economist, who was appointed to head a nonelected government a year ago, would seek a new term, this time given to him by the voters.
December 9, 2012 |
ROME - Premier Mario Monti told the Italian president Saturday he plans to resign following the sudden loss of support from Silvio Berlusconi's party, paving the way for early elections a year after the economist helped pull the country back from the brink of financial disaster. Only hours earlier, Berlusconi had announced he would run again for premier, aiming for a comeback just a year after he quit in disgrace under the pressure of financial markets as Italy teetered toward calamity.
October 23, 2012 |
L'AQUILA, Italy - Defying assertions that earthquakes cannot be predicted, an Italian court on Monday convicted seven scientists and experts of manslaughter for failing to adequately warn residents before a temblor struck central Italy in 2009 and killed more than 300 people. The court in L'Aquila also sentenced the defendants to six years each in prison. All are members of the national Great Risks Commission, and several are prominent scientists or geological and disaster experts. Scientists had decried the trial as ridiculous, contending that science has no reliable way of predicting earthquakes.
October 2, 2012 |
BERLIN - Prosecutors in Germany said Monday they had shelved their investigation of 17 former German SS soldiers who were part of a unit involved in a Nazi wartime massacre of more than 500 civilians in Italy, because of a lack of evidence. The decision brings to a close a decade-long investigation of the former members of the 16th SS-Panzergrenadier Division "Reichsfuehrer SS," eight of whom are still alive, on allegations that they were involved in the Aug. 12, 1944, killings in the Tuscan village of Sant'Anna di Stazzema.
July 20, 2012 |
DEAR ABBY: My husband and I are going to Italy next year and taking our two sons, 8 and 12. We have saved for this trip for years. When my sister-in-law heard about it, she invited herself along, with her husband and two children who are my sons' ages. Although I love all of them, I don't want to spend my vacation of a lifetime with her. She often pawns her children off on others while she does her own thing. How do I approach this without hurting feelings? I'd rather not go on the trip than go with her. Help!
July 2, 2012 |
KIEV, Ukraine - Spain's talented midfielders answered weeks of criticism over boring play with a masterful display of attacking football that led the team to a second straight European Championship. Andres Iniesta, Xavi Hernandez, Cesc Fabregas and David Silva repaid coach Vicente del Bosque's trust in fielding a starting lineup without a traditional striker by pulling the strings in Sunday's 4-0 victory over Italy. The four players were involved in nearly all four goals as Spain's quick-touch passing and slick combinations - termed "tiki taka" back home - helped the world champions win their third straight major title.
July 1, 2012 |
Spain will play attacking football against Italy in the European Championship final. The defending champions just hope Italy returns the favor. Both teams go into Sunday's final at Olympic Stadium in Kiev, Ukraine, promising to maintain the tactics that brought them there. Spain coach Vicente del Bosque promised an attacking lineup with three forwards. He also brushed off criticism that Spain's attack lacks the cutting edge it had during the team's Euro 2008 and 2010 World Cup triumphs.
June 29, 2012 |
Mario Balotelli finally showed some quality finishing, scoring twice in the first half on Thursday to give Italy a shocking, 2-1 win over Germany and an unexpected spot in the European Championship final in Warsaw, Poland. Extending its winless streak against Italy in major tournaments to eight matches, Germany had no answer for the creativity of Italy strikers Balotelli and Antonio Cassano. In the 20th minute, Balotelli got past Holger Badstuber to head in a pinpoint cross from Cassano.