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Latest Italy News more» 
  • Senate expected to confirm two Fed nominees

    • WASHINGTON (Reuters) - The Senate has removed procedural hurdles ahead of the anticipated confirmation on Thursday of President Barack Obama's two stalled nominees to the Federal Reserve Board. A Democratic congressional aide said the Senate would now hold separate votes on Harvard economist Jeremy Stein and investment banker Jerome Powell, who is also a lawyer. Both are expected to receive the necessary support of 60 senators for confirmation, bringing the seven-member board of the U.S. central bank to full strength for the first time since 2006. ...
  • Monti, Hollande, Merkel, Cameron in videoconference Thursday: Italy government source

    • Newly-elected French President Hollande is seen at the Luxembourg Gardens in Paris where he attends a ceremony to mark the abolition of slaveryROME (Reuters) - Italian Prime minister Mario Monti, French President Francois Hollande, German Chancellor Angela Merkel and British Prime Minister David Cameron will hold a video conference on Thursday ahead of this weekend's G-8, an Italian government source said on Wednesday. The source said the conversation would give the four European leaders a chance to prepare for this weekend's summit at Camp David and well as to discuss European economic issues. (Reporting By Philip Pullella)



  • Greece euro exit could hit Spain, Italy: Zoellick

    • WASHINGTON (Reuters) - A decision by Greece to leave the Europe's common currency zone would raise big questions about the impact on Spain, Italy and other countries in the region undergoing structural reforms, the head of the World Bank said on Wednesday. "The core question will be not Greece, but Spain and Italy," World Bank President Robert Zoellick said in a question-and-answer session with a local economics club. ...
  • Arafat's moneyman targeted in corruption probe

    • FILE - In this May 11, 2002 file photo Palestinian leader Yasser Arafat's economic adviser Mohammed Rashid, right, and Israeli Foreign Minister at the time Shimon Peres, left, shake hands as Rome's mayor Walter Veltroni looks on at a ceremony before the start of a concert in Rome's Colosseum. Rashid is being sought on suspicion he stole millions of dollars in public funds, the top Palestinian anti-corruption campaigner said Wednesday, May 16, 2012. (AP Photo/Gregorio Borgia, File)The late Yasser Arafat's powerful moneyman is the target of the highest-profile Palestinian corruption probe to date, facing allegations he syphoned off millions of dollars in public funds, the chief investigator said Wednesday.



  • IMF: Italy has made remarkable progress

    • An International Monetary Fund official on Wednesday said the eurozone's third-largest economy is "on the right track" and has made notable progress in the six months since Premier Mario Monti took over.
  • Italy's Bossi in fraud probe

    • Umberto Bossi, the founder of Italy's main opposition party the Northern League, is under investigation for fraud, authorities say.
more» 
 
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