All posts tagged "Italy"

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  Italian police arrest 37, seize $13 million in Mafia blitz

  The arrest involved two Carabinieri officers, accused in a Sicilian Mafia extortion racket involving fruit, fish and drugs.

  • Posted October 4, 2017
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  Starbucks CEO says chain ready to enter Italy after 35 years

  MILAN — Starbucks CEO Howard Schultz’s vision for the chain was largely inspired by the coffee bars he saw on his first trip to Milan more than three decades ago. But it took the company growing to...

  • Posted February 28, 2017
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  Italy faces potential fine from EU for rising debt

  BRUSSELS — Italy’s unstable government was put on notice Wednesday that it may face a fine from the European Union for not getting the country’s debt levels down. In a report on Italy’s debt situation, the executive...

  • Posted February 22, 2017
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  Sticker shock for olive oil buyers after bad Italian harvest

    ROME — From specialty shops in Rome to supermarkets around the world, lovers of Italian olive oil are in for some sticker shock this year, with prices due to jump by as much as 20 percent....

  • Posted February 21, 2017
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  Italy cabbies clash with riot police during strike over Uber

  ROME — Thousands of Italian taxi drivers protesting legislation they say will favor Uber clashed with riot police Tuesday, intensifying a weeklong cab strike that has crippled transportation in Rome, Milan and Turin. The cabbies marched through...

  • Posted February 21, 2017
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  European Central Bank: ‘No room for complacency’ on recovery

  That was the view contained in the written account of the Jan. 19 meeting of the bank's 25-member governing council

  • Posted February 16, 2017
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  4 quakes shake Italy, isolating towns blanketed under snow

  ROME – Four strong earthquakes on Wednesday shook the same region of central Italy that suffered deadly temblors last year, sending quake-rattled residents into panic and further isolating towns that have been buried under more than a...

  • Posted January 18, 2017
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  Troubled Italian Bank Says Capital Hole Bigger than Expected

  MILAN – Troubled Italian bank Monte dei Paschi di Siena will need more rescue money than previously expected, according to calculations by the European Central Bank, potentially complicating the government’s rescue efforts. The ECB, the main regulator...

  • Posted December 27, 2016
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  Will Italy’s political drama spawn a new eurozone crisis?

  LONDON — Italy’s political upheaval has raised questions of whether the eurozone is headed for a new financial crisis that could once again put in doubt the future of the euro and roil global markets. Some observers...

  • Posted December 5, 2016
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  Italy Faces Political, Economic Uncertainty After Referendum

  MILAN — Italian voters dealt Premier Matteo Renzi a resounding rebuke by rejecting his proposed constitutional reforms, plunging Europe’s fourth-largest economy into political and economic uncertainty Monday. Renzi announced he would quit following Sunday’s referendum vote, in...

  • Posted December 5, 2016