Italy

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Telling an Italian He Has No Balls Is Now a Crime

Supreme court rules on the insult

(Newser) - Italy's highest court has ruled on a subject of utmost importance: whether it's a crime to say a man has "no balls." Its ruling? Yep, the dig is a crime punishable by a fine, because the insult makes a man feel less manly. The decision came...

Spain Panic Sends Dow Down 200+
 Spain Panic Sends 
 Dow Down 200+ 
MARKETS

Spain Panic Sends Dow Down 200+

Spanish bonds hit dizzying high

(Newser) - The Dow took a nosedive this morning, as did markets the world over, after Spanish media reported that up to six regions may need assistance from the federal government, sending the yields on Spanish 10-year bonds to a new high of more than 7.5%. The Dow plunged 237 points...

Concordia Widower Dives to Reef to Leave Plaque

Italy's Coast Guard helps him leave tribute to wife

(Newser) - The husband of an Italian woman who died when the Costa Concordia cruise liner rammed a reef and capsized has left a memorial plaque on the sea bed near the reef. Accompanied by Italian Coast Guard divers, Elio Vincenzi plunged into the pristine waters off Giglio island in scuba diving...

Costa Concordia Captain Offers Some Kind of Apology

Francesco Schettino says he's sorry because 'it's normal that I should'

(Newser) - The captain who was "distracted" when the Costa Concordia sailed smack into a rock finally took to TV yesterday to at last say sorry, though it doesn't sound like the passion quotient was too high. "When there's an accident, it's not just the ship that'...

100 Early Caravaggio Artworks Discovered

Will appear in ebook tomorrow

(Newser) - Art lovers around the world are in for a treat tomorrow: For the first time ever, they'll get to see 100 newly discovered paintings and sketches by a young Caravaggio, the great Renaissance painter. The works, estimated to be worth nearly $900 million, will appear in a 600-page Amazon...

Spain Wallops Italy 4-0 for 3rd Straight Crown

David Silva, Jordi Alba score first-half goals in European Championship

(Newser) - Spain won its third straight major soccer title today, beating Italy 4-0 in the European Championship final. David Silva and Jordi Alba scored first-half goals, and Fernando Torres and Juan Mata added two more in the second half as the Spanish passing game worked its magic against the Italians at...

Now on eBay: Whole Italian Village, $3M

Tuscan residents not included

(Newser) - Ever dreamed of a Tuscan home? How about an entire town? If you've got $3.1 million to spare, you could score one on eBay, the Telegraph reports. The 800-year-old village of Pratariccia is for sale on the auction site; the buyer will get 25 run-down houses among scenic...

Europe Stocks Slump Ahead of EU Summit

Plenty of gloom and doom continuing for euro and eurozone

(Newser) - European stocks and the euro all fell this morning, as investors remain skeptical that this week's EU summit is going to accomplish much of anything, reports the Wall Street Journal . The euro fell to $1.2490 from $1.2574 last Friday, while indexes were down across the continent, with...

Merkel Softens Her Opposition to Stimulus

Germany, France, others agree to push for $163B growth package

(Newser) - The leaders of France, Germany, Italy, and Spain agreed to push for a growth package worth up to $163 billion at a European Union summit next week aimed at kickstarting the economy and safeguarding the currency bloc. French President Francois Hollande, German Chancellor Angela Merkel, Spanish Prime Minister Mariano Rajoy,...

Chinese Gangs Making ... Fake Italian Train Tickets?

'Leonardo Express' forgeries found in shipping container

(Newser) - Italian cops have seized phony train tickets worth a massive $35 million, but the forger of the "Leonardo Express" tickets didn't have the skills of the Rome airport train's namesake. The tickets, found in a shipping container from China, were paler than the genuine article and the...

Markets Rise, Euro Up After Greek Elections

But investors still fretting about eurozone

(Newser) - Financial markets around Asia seem to be breathing easier after Greece's pro-bailout coalition narrowly won yesterday's election , reports the Wall Street Journal . The euro was up to $1.2714 from its $1.2640 close on Friday, with Tokyo's Nikkei up 1.8%, Hong Kong's Hang Seng...

Moody Cut Sends Spanish Bonds to Dangerous High

Italy's borrowing costs jump as well

(Newser) - Spanish bond yields hit a whopping 7% today, after Moody's cut the country's credit rating to just one level above "junk" yesterday. The New York Times ominously notes that the 7% mark is the level that "triggered" full-blown bailouts of other eurozone countries. Moody's said...

What Bailout? Spain's Debt Costs Skyrocket

Investors not reassured

(Newser) - Spain's bank bailout hasn't exactly put the markets at ease—indeed, it may have done the opposite. Spain's 10-year borrowing costs closed at a euro-era high of 6.72% yesterday, the Wall Street Journal reports. Indeed, bond yields rose across Europe, with Italy's hitting 6.26%,...

Rome's Storied Trevi Fountain Crumbling

Budget cuts endangering city's ancient heritage

(Newser) - If Rome's famous Trevi fountain could chuck a coin into itself and make a wish, it would probably ask for some TLC. The 280-year-old monument's stucco reliefs are crumbling and a gargoyle's head came tumbling down on the weekend, reports the Guardian . Officials blame the damage on...

Eurozone's Next Wobbling Domino: Italy

Italian stock performance suffers over investors' contagion fears

(Newser) - If it's not one eurozone country, it's another. Relief over Spain's bank bailout has swiftly dissipated into worry over Italy, which may not have the economic juice to pay its massive national debt and simultaneously fund its part of the various euro bailouts, the New York Times...

9 Dead as 5.8 Quake Again Jolts Italy

 Death Toll in Italy 
 Quake Hits 15 
UPDATED

Death Toll in Italy Quake Hits 15

About 14,000 now homeless after pair of earthquakes

(Newser) - A second earthquake within 10 days jolted northern Italy this morning, a 5.8 tremor that killed at least 15 people and injured another 200. The quake hit at 9am local time, again just north of the city of Bologna, reports the AP ; a 6.0 temblor on May 20...

US to Arm Italian Drones
 US to Arm Italian Drones 

US to Arm Italian Drones

Move could open floodgates for rest of NATO, other allies

(Newser) - Pretty soon, every cool kid on the block may have genuine American-made robot killing machines. The Obama administration plans to arm Italy's Reaper drone fleet, sources tell the Wall Street Journal , which will make it difficult for Washington to deny such capabilities to the rest of its NATO allies....

Zuckerberg's Honeymoon Takes Him to...

...Italy, where Twitter users follow the Facebook founder, bride

(Newser) - Mark Zuckerberg doesn't really believe in privacy for the rest of the world, so it's not much of a surprise that the world doesn't believe in privacy for Zuckerberg. The Facebook founder and new bride Priscilla Chan are honeymooning in Italy, and details of their trip are...

Berlusconi Burlesque Girl Dressed as ... Obama?

She wanted to cheer up Italy's embattled former leader

(Newser) - This could make for an awkward diplomatic conversation down the road: One young woman says she dressed up as a burlesque version of Barack Obama to entertain former Italian Prime Minister Silvio Berlusconi. Reuters reports that the racy routine took place at one of Berlusconi's "bunga bunga" parties—...

World's Smallest Artificial Heart Saves Baby's Life

11-gram pump kept Italian boy alive before transplant

(Newser) - A 16-month-old Italian baby is alive today thanks to an artificial heart that only weighs about as much as two nickels. Doctors in a Rome hospital used the artificial heart, the world's smallest, to keep the boy alive for 13 days until a heart could be found for a...

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