OPUSNET Team

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Jul 18

Senator Dell’Utri accused of blackmailing Berlusconi over mafia

“Magistrates have launched a formal investigation against an Italian senator on suspicion that he attempted to blackmail his longtime patron, former Prime Minister Silvio Berlusconi, over alleged mafia links, judicial officials said on Wednesday…” (Reuters)

Jul 18

Capital outflow in Bankitalia report

Non resident investors retired 47,1 billion euro from Italy, while Italian investors sold foreign assets for about 17,6 billion euro, Bank of Italy said in its last report.

Jul 18

Everybody knew: the LIBOR scandal

New York FED knew about possible ‘problems’ of LIBOR fixing process since 2007, as in its answer to Congressional Request for informationon Barclays-LIBOR matter. Just while Mr. B. Benenke says that Libor is ‘structurally flawed’ (LA Times) and the Fed had pushed for reform of the rate setting process in 2008 when it became concerned …

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Jul 18

Latest EU Calls

Audiovisual Media, Preparatory action ‘Circulation of films in the digital era’ Media 2007, Automatic support Media 2007, Support for the digitisation of European cinemas Culture, education and training Lifelong Learning Programme (LLP) Europe for Citizens Programme Environment LIFE+ Calls for proposals 2012. Themes: Nature and Biodiversity, Environment Policy and Governance, Information and Communication Health Call …

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Jul 17

Lega Nord’s looking for visibility

The same old strategy for renewed attention: after scandals defeating Mr. Bossi and his ‘magic circle’, and the ruinous share of the party at last elections, Lega Nord resumes its war against South of Italy for renewed visibility and oblivion about its last disasters. An amendment proposed by Lega Nord to the rules of Fondo …

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Jul 17

Policy making or rigging up?

Another ingenious idea of the ‘professorial Government’ of Italy: people should work more to raise the GDP! An upcoming cut of bank holidays is said to be the next panacea for the plagues of economy. The debate is on, while public debt signs another unprecedented level (1.933,303 bilions euro), the spread between Bunds and BTPs …

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Jul 17

Decline of the car market

A fall of 1.8 percent year-on-year of cars sold in western Europe in June is expected, economic forecaster IHS Global Insight said on Monday (Reuters). While the market falls, FIAT shrinks. The Italian car-maker is expected to continue the downward trend (-18,1% forecast, 16,5% market loss in the first semester of 2012), while Russian light-vehicle …

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