Italian politics is always colorful, especially so when Prime Minister Silvio Berlusconi is involved. His latest move gives an ironic twist to corruption fighting. Berlusconi has been accused of everything from womanizing to mafia links, but to date he has mostly slithered out between the fingers of the law. One current trial accuses him of […]
The EU Council leaders were meeting this week to determine how best to prevent a default of Greek sovereign debt by common support. The council issued a statement of support with no details as talks continue.
1) Greece is at serious risk of total economic collapse—Prime Minister George Papandreou is proposing dramatic spending cuts, and tax hikes on banker’s bonuses, to ease the crisis. 2) Dubai has been bailed out by Abu Dhabi to the tune of $10 billion. 3) From FP: “How we invaded Afghanistan” (the Russians) 4) The New […]
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