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Vatican says credible against money laundering
VATICAN CITY (AFP) - The Vatican on Wednesday said it was a "credible partner" in the struggle against money laundering as it published its first-ever report on efforts to meet international rules on suspect financing.The Vatican "is already a credible partner," said Rene Bruelhart, director of the Vatican's Financial Intelligence Authority (FIA), who was appointed last ...
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Vatican releases 1st report of financial watchdog
VATICAN CITY -; The Vatican has taken another step in trying to show greater financial transparency by publishing a first annual report from its new financial watchdog ...
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Italy approves law on controversial stem cell therapy
Italian lawmakers on Wednesday gave their final approval to a law that allows limited use of a controversial type of stem cell therapy which has been condemned by many scientists but has given hope to families of terminally-ill ...
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Slaughters Italian ally overhauls structure in generational shift
Bonelli Erede Pappalardo, Slaughter and May's Italian best friend, has overhauled its governance and structure and elected two new managing partners in a bid to ensure its ...
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Cannes Selection Shows Unraveling of Contemporary Italy
Paolo Sorrentino's "The Great Beauty," a nostalgic, melancholic ode to the eternal city Rome, is one of several films that touch on the unraveling of contemporary Italy in official selection at the Cannes film festival this year.Also competing for the prestigious Palme d'Or award to be handed out on May 26 is "Un Chateau en Italie" ("A Castle in Italy") by ...
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Italy’s Export Growth to Help Spur Recovery in 2014 Istat Says
Italian exports will record almost double-digit growth through 2014, helping the euro region's third-biggest economy recover next year, National Statistics Institute Istat said. Sales abroad of Italian goods and services will increase 9.7 percent in the two-year period, Rome-based Istat said today in its annual report. Exports of manufactured goods will advance 10 percent, with sales ...
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Millions falling into poverty in recession-racked Italy report
ROME (Reuters) - Millions of Italians cannot afford to heat their homes properly or eat meat as their country is racked by recession and soaring unemployment, said a report which found the number of people considered seriously deprived had doubled in the past two ...
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‘Cake Boss’ star and pastry chef Buddy Valastro to open Italian American restaurant at Palazzo
Elizabeth Blau of Blau & Associates with business partner Jason Lapin, center, and husband Kim Canteenwalla at Honey Salt, a new restaurant at 1031 S. Rampart Blvd. in Summerlin, on Monday, Oct. 22, 2012. END .inline-content ...
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Vatican denies Pope exorcism
exorcism after an Italian religious television channel said footage of the pontiff blessing a boy in a wheelchair showed he had. "The Holy Father did not intend to perform ...
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OSHA files eight violations against Palermos pizza firm
The U.S. Occupational Safety and Health Administration has issued seven "serious" violations and one "other-than-serious" violation against Palmero Villa Inc., a Milwaukee frozen pizza firm. The violations carry proposed penalties that could total $38,500. The OSHA violations were announced Tuesday in a press release by Voces de la Frontera, the immigrant rights group ...
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Pope Francis exorcism just simple prayer Vatican says
Pope Francis didn’t intend to perform an exorcism Sunday in Rome when he prayed over a wheelchair-bound man. However, if demons fled the man’s body as a result, well, that’s just a bonus. Or at least so says the Vatican. On Tuesday, the Holy See released a statement that said Pope Francis didn’t perform the ancient ritual in front of TV cameras despite claims to the ...
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Vatican attempts to douse Pope exorcism allegations
Pope condemns Bangladesh 'slave labour' working conditions The Vatican has sought to dampen rumours Pope Francis performed an exorcisim on a wheelchair-bound young man following television footage of an unusual blessing. Italian religious channel, TV 2000, aired footage of the Pontiff placing both his hands on the head of the boy during a Pentecost ceremony on Sunday. It showed the ...
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Italys RCS MediaGroup Asks Banks to Revise Terms of Refinancing Deal
RCS MediaGroup SpA (RCS.MI) said Tuesday it has asked the financial entities involved in a refinancing deal with the Italian publisher to revise some of the terms and conditions of the agreement following the recent improvement seen in financial markets.The company, which publishes one of Italy's most influential daily newspaper, Corriere della Sera, in mid-April approved the terms of a ...
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Florence prisoner sentenced for gang-related stabbing
A prison gang member at the supermax Florence ADX has been sentenced to serve additional time after he stabbed another prisoner in a gang-related attack. Michael Kelewood, 27, was sentenced to seven more years on May 15 for stabbing another inmate multiple times with a homemade knife on April 5, 2012, according to a Tuesday news release from Jeff Dorschner, spokesman for the United States ...
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Andy Murray withdraws from French Open with back injury
Andy Murray, Great Britain, hoists his trophy after defeating Novak Djokovic, Serbia, to win the men's championship at the U.S. Open held at the National Tennis Center on September 10, 2012 in New York. UPI Photo/Monika ...
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Italians ignore Americas Cup ban take to SF waters
video While America's Cup organisers continue their review of this month's fatal Artemis Racing tragedy, at least one of the challenging syndicates has flown in the face of requests to stay off the water. Last week, Golden Gate Yacht Club vice commodore Tom Ehman assured the sailing world that the event would proceed, despite the death of Briton Andrew "Bart" Simpson when ...
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Pope Francis performed ‘exorcism’ in St. Peter’s Square Italian media reports
Pope Francis, here blessing a child at St. Peter’s Square at the Vatican, on Sunday laid his hands on the head of a young man who heaved deeply, convulsed and shook, then slumped in his ...
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Italian gun executive mistaken as terrorist actually died in 2012
KUSA - The Italian gun executive reportedly mistaken as a terrorist by a cab driver this weekend in Denver, actually died in 2012. Reports circulated this weekend about a "prominent gun manufacturer" who was sent back to Italy - appear to be false. The story claimed that a Denver taxi driver took a man named Daniele Perazzi to a gun trade show on Saturday. According to the ...
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Video Italian man scales St. Peters Basilica in economy protest
Italian business owner Marcello Di Finizio protests at the government and over the economy from his perch on the dome of Saint Peter's Basilica. Lindsey Parietti ...
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Giro dItalia Cadel Evans still behind Vincenzo Nibali Benat Intxausti wins 16th stage
Italy Astana's Vincenzo Nibali kept possession of the Giro d'Italia race leader's pink jersey for another night after a strong showing in Wednesday morning's 16th stage.Benat Intxausti of Spain, riding for the Movistar team, won the stage, a 238km ride from the French resort of Valloire, in 5hr 52.48min.Intxausti beat Estonian Tanel Kangert into second in a sprint finish, ...
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La Dolce Vita gets a Cannes update
Italian director Paolo Sorrentino presented a lush portrait of decadence and excess in contemporary Rome at Cannes Tuesday in a film reviewers said echoed the classic "La Dolce Vita". "The Great Beauty" (La Grande Bellezza) tells the story of ageing writer-dandy Jep Gambardella, played by the much-praised Toni Servillo. Orgiastic parties hosted by Jep in his fabulous ...
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Vatican Museum celebrate restoration of Michelangelos Pieta
The Vatican Museums are celebrating the 40th anniversary of the completion of restoration work on Michelangelo's Pieta. The Pieta, which stands in the nave of St. Peter's basilica, was badly damaged on May 21, 1973, by a disturbed man, Laszlo Toth, who attacked the sculpture with a hammer. Painstaking restoration work was completed a year later. To mark the 40th anniversary, the ...
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Telecom Italia mulls mobile unit spinoff sources
By Stefano Rebaudo and Alberto Sisto MILAN | Tue May 21, 2013 4:30pm EDT MILAN (Reuters) - Telecom Italia is mulling spinning off its mobile unit along with its fixed-line network to bring new investors on board, three people, including a senior political source, told Reuters on Tuesday. "The three-way split would allow the company to reduce debt and staff costs and favor the entry ...
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Popes Telegram to Italian President Giorgio Napolitano
VATICAN CITY, April 21, 2013 (Zenit.org) - Here is a translation of the telegram sent by Pope Francis to the President of the Italian Republic, Giorgio Napolitano, congratulating him on the occasion of his reelection.* * *To his Excellencythe Honorable Giorgio NapolitanoPresident of the Italian RepublicQuirinal PalaceOn the occasion in which you have again accepted, with great openness and a ...
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Telecom Italia denies possible company break-up
MILAN | Tue May 21, 2013 3:52pm EDT MILAN May 21 (Reuters) - Telecom Italia denied on Tuesday that a company break-up was under consideration. "Telecom Italia points out that speculations about a possible break-up are groundless," a spokesman for the company said in an emailed statement. Earlier on Tuesday three sources told Reuters the Italian phone company was mulling a ...
Italy Digest
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Italy heavily involved in multi billion euro South Stream project
Italy’s natural gas company ENI is a major investor in the South Stream natural gas pipeline project, but the infrastructure development is being held up by a number of trans-national issues, which the Italian government believes is detrimental to the country’s energy security.
South Stream is the name of the transit pipeline that is intended to transport natural gas from Russia to Southern Europe, bypassing Belarus and the Ukraine. It has been highlighted by Prime Minister Berlusconi as important for the energy needs of Italy as it will eliminate the so-called ‘middle man’ and enhance the security of our energy supply, an issue that was underscored in 2005 when ongoing business disputes between Russia and the Ukraine spilled over into trans-national political issues. Read more
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