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This week in history: April 19-25

This week in history: April 19-25 18 April 2021 25 years ago: Stalinist-led coalition in Italy On April 21, 1996, general elections in Italy brought the rebranded Italian Stalinists into government for the first time in nearly 50 years. Reflecting the confidence which big business placed in the post-Stalinists, the Milan stock exchange soared 4 percent the day after the vote. The Stalinists who transformed the old Communist Party of Italy into the Party of the Democratic Left (PDS) in 1991, aft...
Departamento De Quetzaltenango United States United Kingdom Simon Bolivar Sancti Spítus Costa Rica
Source: wsws.org

Under Draghi's lead, Italy takes Europe another step away from populism

© Getty Images In assessing the new Italian government led by former European Central Bank President Mario Draghi, many analysts miss an essential point. The focus, of course, should be Italy — its issues and the crisis Draghi will face, starting with the pandemic. But the chances are high that his leadership will have an impact well beyond Italy, dramatically changing politics and economics across Europe.  It’s still early, of course, but the stars have aligned domestically in Italy and ...
United States United Kingdom Matteo Salvini Trumpian Angela Merkel Mario Monti Beppe Grillo

'Super Mario' enters the scene - André DeBattista

Italy has a new prime minister; the seventh in the last 10 years. For a while, Italy always seemed to be in the process of forming a new administration. Despite the seemingly revolving doors at Palazzo Chigi, Italian institutions are reasonably resilient. Many other countries would have struggled with such changes; in this case, Galileo’s observation seems to be very apt: “Eppur si muove”. The collapse of Giuseppe Conte government’s over the handling of the COVID-19 pandemic and its ec...
Palazzo Chigi Mario Draghi Giuliano Amato Romano Prodi Giuseppe Conte Massimo Dalema

Mario Draghi As Savior: Broken Democracy, Italian-Style

Mario Draghi As Savior: Broken Democracy, Italian-Style 2021-02-05 Of Italys 58 prime ministers since World War II, you probably dont remember the name Lamberto Dini. He took office on Jan. 13, 1995, several months after uncertain general election results, as the country grappled with an ongoing corruption scandal and billionaire businessman Silvio Berlusconis recent entry into politics. The Italian establishment had turned to Dini, a sullen-faced economist a...
Mario Monti Giuseppe Conte Silvio Berlusconi Lamberto Dini Central European Bank Mario Draghi European Commission

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Italy Turns to Its Central Bankers When Politicians Fail

Italy Turns to Its Central Bankers When Politicians Fail Bloomberg 2/4/2021 Alessandra Migliaccio (Bloomberg) -- Every time Italy is about to go off the rails, there’s always been the same solution: call in the technocrat. Former European Central Bank President Mario Draghi is the latest in a long list of fixers. That’s when you know things are really bad, either because the finances are in such disarray that bond markets are panicking or because the usual bickering among ...
Bruxelles Capitale Mario Monti Silvio Berlusconi Stefano Silvestri Mario Draghi Neil Wilson
Source: msn.com

This week in history: February 1-7

This week in history: February 1-7 31 January 2021 Antonio Maccanico On February 1, 1996, merchant banker and two-time former cabinet minister Antonio Maccanico was named as interim prime minister of Italy. He was the first would-be premier to receive the support of both the ex-Stalinist PDS (Party of the Democratic Left) and the neo-fascist National Alliance, an event that marked a further stage in the rightward evolution of the remnants of the Italian Communist Party. The right-wing Forza Ita...
United Kingdom New York United States Ukraine General County Limerick Stopinu Novads
Source: wsws.org

WHUT Newsline March 9, 2012

secretary-general ban ki-moon delivered a message of fellowship. he spoke in new york on thursday at an event held to mourn victims. about 300 senior u.n. officials and u.n. ambassadors offered silent prayers. >> in fukushima i spoke about tsuna, our bonds of friendship. it also means international solidarity. united nations stands with japan just as japan has always stood by the united nations. >> japans ambassador to the u.n. expressed gratitude for the support. he said japan will us...
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