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Italy Turns to Its Central Bankers When Politicians Fail - Vimarsana News

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 parties has turned into complete political gridlock. It’s a peculiar way for a western democracy t...

Source: msn.com
This week in history: February 1-7 - Vimarsana News

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 Italia of Silvio Berlusconi also supported Maccanico’s selection by President Oscar Luigi Scalfaro to...

Source: wsws.org
WHUT Newsline March 9, 2012 - Vimarsana News

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. >> japan's ambassador to the u.n. expressed gratitude for the support. he said japan will use lessons it learned through disasters to step up its contribution to countries around the world. ...