Tag Archive | "Italy"

Insalata Caprese Recipe – Caprese Salad

Insalata Caprese (salad in the style of Capri) is an Italian antipasto (meal starter) that is an ideal salad for summer weather. Fresh and delicious, a Caprese Salad evokes days at the beach, seaside barbecues, and long summer nights. Capri is a small island in the Tyrrhenian Sea in the Italian region of Campania and [...]

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Habemus Papam – New Pope Francis I Declared in Rome

The Conclave has declared a new Pope, signaled by white smoke rising from the Sistine Chapel. Argentine Cardinal Jorge Maria Bergoglio chooses the regnal name Francis I as he assumes the papacy in Rome. The Argentinean has spent his entire ministry in Argentina and is known for his soft spoken, pastoral style. Francis I succeeds [...]

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CIA Agents Responsible for Abducting Terror Suspect Osama Moustafa Hassan Nasr from a Street in Milan in 2003 May Now Face Extradition

  Italy’s highest criminal court sustained a lower court’s guilty verdict in the case of 23 Americans connected to the CIA’s extraordinary rendition program. The CIA agents responsible for the kidnapping of Egyptian terror suspect cleric Osama Moustafa Hassan Nasr from a Milan street in 2003 may face extradition. Osama Moustafa Hassan Nasr was taken to [...]

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French Embassy Staff Leave Iran.

Germany, Italy and Netherlands also withdraw diplomatic staff from their stations. After the attack on the British embassy in Tehran, France is withdrawing some of its staff as a temporary security measure. Britain has expelled all of Iran’s diplomats from its country in response to the attack on the British embassy that is believed to [...]

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United Kingdom’s Foreign Office Warns Embassies of Potential Riots in Case of Euro Zone Collapse.

While the euro zone teeters on the brink, Britain’s bureaucrats in the Foreign Office are telling their operatives abroad about how to handle potential civil unrest in the event of the collapse of the euro. All of this is based upon events in Greece which has seen incidents of civil disorder increase following the chaos [...]

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Euro Bonds Are Rejected by Germany as a Solution to the Euro Zone Financial Crisis.

Germany’s Chancellor Angela Merkel has repeated her nation’s rejection of a common euro bond market as a solution to the financial crisis gripping the euro zone following a failed bond auction on the part of Germany to raise money for the joint effort to save the common market currency. The German focus has remained on [...]

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Bond Prices on the Rise in Europe as Fears of Contagion Spread Across the Euro Zone.

European Commission President Manuel Barroso says that the euro zone is facing a “systemic crisis,” while Prime Minister of Luxembourg Jean Claude Junker reiterated his call for the formation of euro bonds to save the continent from economic calamity. The interest rates on bonds rose dramatically in France, Belgium, Austria, Finland and the Netherlands, demonstrating lack [...]

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European Pessimism and German Ambitions: Reasons for Worry?

The recent financial crises spreading throughout debt heavy European sovereigns has called into question the viability of the common currency and the whole European project. In its initial stages, the European Coal and Steel Community was proposed by French foreign minister Robert Schuman on May 9, 1950 as a way to prevent future war from [...]

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Mario Monti Called Upon by Italian President Giorgio Napolitano to Form a Government.

Italian President Giorgio Napolitano has called upon popular technocrat and Senator for life Mario Monti to form a government to tackle Italy’s growing sovereign debt crisis. Berlusconi’s party, the People of Liberty, promised to only cooperate for as long as it takes to pass through the necessary measures to reduce Italy’s $2.6 trillion public debt. [...]

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France’s Austerity Measures Strictest Since World War II.

To avoid the spread of contagion as well as deflect any potential fallout from the bubbling kettle that is the Italian economy, France has taken moves to pass austerity measures which are some of the most stringent the country has seen since the end of World War II. The new package includes cuts of 112 [...]

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