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January 27, 2022

Italy

Italy clears hurdle to buy export agency SACE in $4.8 bln deal

Reuters
ROME, Jan 25 (Reuters) – Italy approved a long-awaited decree needed for the Treasury to buy credit insurance agency SACE from state lender Cassa Depositi e Prestiti (CDP) in a deal expected to be worth around 4.25 billion euros ($4.81 billion), sources told Reuters. The Treasury wants to directly control......

Balotelli’s back! What has Italy striker been up to during international exile?

ESPN
In a major blast from the past, striker Mario Balotelli has been recalled into the Italy national side more than three years since his last international cap. Balotelli has been included by coach Roberto Mancini for a special training camp ahead of the Azzurri‘s upcoming 2022 World Cup qualifying playoff......

Stalemate in Rome as Italy looks to choose a new president

CNBC
CNBC – For more and to sign up click here A general view shows the Quirinale Palace the day before the first round for the Presidential election, on January 23, 2022 in Rome, Italy. Antonio Masiello | Getty Images News | Getty Images ROME — Italy is facing political deadlock......

Italy has quietly become one of Big Tech’s most prolific antagonists

CNBC
CNBC – For more and to sign up click here A protest against multinational technology company Amazon during the Covid-19 pandemic, on Nov. 27, 2020, in Rome, Italy. Antonio Masiello | Getty Images News | Getty Images When Italy’s competition regulator slapped a hefty fine of 1.13 billion euros ($1.28......

Italy Ponders a New Role for Draghi. Let the Politicking Begin.

New York Times
New York Times – For more and to sign up click here The secrecy, and self-interested nature, of the vote makes it ripe for influence peddling. In recent days, opening gambits took the form of government-collapsing ultimatums, with Mr. Berlusconi saying that he would pull his party out of government......

Italy’s Mario Draghi is getting an ‘A’ on his report card. But his powers are fading

CNBC
CNBC – For more and to sign up click here A worker wearing a protective face mask serves clients pizza on the waterfront in Naples. KONTROLAB | LightRocket | Getty Images Italy experienced a massive economic shock from the coronavirus pandemic, but its prospects now look much rosier with economists......

A Long-Overlooked Necropolis in Naples Reveals the Enduring Influence of Ancient Greece

Smithsonian
In Naples’ Sanità district, mopeds hurtle along cobbled streets dotted with larger-than-life markets as locals and visitors alike form around-the-block lines for some of the world’s best pizza. Some 2,000 years ago, this lively Naples neighborhood was a very different place. Situated just outside the walls of Neapolis—the Greek city......

Italy likely to raise taxes on energy companies benefiting from price surge

Reuters
Profits from high prices should go to help less well-off Enel making ‘crazy margins’ – League’s Salvini Enel ‘definitely not making extra profits’ – spokesperson ROME, Jan 12 (Reuters) – Italy is likely to increase corporate taxes on energy companies that have benefited from surgingpower prices, the Italian industry minister......

Mario Draghi brought political stability to Italy. Now, a key election threatens it all

CNBC
CNBC – For more and to sign up click here The Italian Premier Mario Draghi attends the end of year press conference. Mondadori Portfolio | Mondadori Portfolio | Getty Images Italy is back on the radar of many investors as an upcoming presidential vote threatens the political stability seen over......

Italy, Serie A star Insigne to join Toronto FC

ESPN
Lorenzo Insigne will join Major League Soccer side Toronto FC. Matteo Ciambelli/DeFodi Images via Getty Images Toronto FC will sign Lorenzo Insigne from Serie A side Napoli in the summer, the Major League Soccer club said on Saturday. Insigne has signed a four-year deal and will be added to the squad’s......

Italy extends COVID vaccine mandate to everyone over 50

Reuters
ROME, Jan 5 (Reuters) – Italy on Wednesday made COVID-19 vaccination mandatory for people from the age of 50, one of very few European countries to take a similar steps, in an attempt to ease pressure on its health service and reduce fatalities. The measure is immediately effective and will......

Political change is coming to the EU’s big three economies. Here’s why it matters

CNBC
CNBC – For more and to sign up click here French President Emmanuel Macron and Italy’s Prime Minister Mario Draghi. Alessandra Benedetti – Corbis | Corbis News | Getty Images The balance of power is changing in the European Union’s three largest economies which could have significant implications for financial......

Here’s where Americans want to travel abroad — and where they’re losing interest

CNBC
CNBC – For more and to sign up click here Gaviota Azul beach in Cancun, Mexico. Getty Images Just as countries have started to lift pandemic travel bans and Americans begin to at least think about booking vacations abroad, the spread of the delta and omicron variants of Covid-19 has......

Italy eases isolation rules on COVID-19 contacts

Reuters
People wearing face masks walk in the street, as the region of Lazio makes face masks mandatory outdoors in all areas, as coronavirus disease (COVID-19) cases rise and Christmas nears, in Rome, Italy, December 23, 2021. REUTERS/Yara Nardi Register now for FREE unlimited access to Reuters.com Register ROME, Dec 29......

‘Tacky’ to ‘demoralizing’: Travel writers share their biggest ‘bucket list’ disappointments

CNBC
CNBC – For more and to sign up click here The pandemic caused many people to reevaluate their travel bucket lists. Some destinations moved higher on people’s lists, while other places are being dropped altogether. For help on what to keep and what to nix, we asked seasoned travel writers......

Health experts say Italy faces paralysis under quarantine rules

Reuters
ROME, Dec 27 (Reuters) – Health experts urged the Italian government on Monday to relax COVID-19 quarantine rules, saying that the country otherwise risked paralysis as the highly infectious Omicron variant spreads. Under current rules, people who have come into close contact with a COVID-19 sufferer have to self-isolate for......

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