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  • Facts & Stories

    The Silly Season Sweeps Italy

    Judith Harris(August 13, 2012)
    Ferragosto – the name derives from the original Feriae Augusti summer festival proclaimed by the Emperor Augustus – is a major holiday celebrated on August 15 when all of Italy shuts down, and streets are deserted. This peak of summer holidays is what the media pros call “the silly season,” when reporters are allowed a long leash for gossip in the absence of hard news.
  • Facts & Stories

    Summer spreads out the spread

    Judith Harris(July 27, 2012)
    The upward surge of the spread to today's 506.48 for 10-year bonds (but 519 at the opening of the markets) has reignited interest in holding elections this November, six months ahead of schedule. The emergency premier Mario Monti reportedly told President Giorgio Napolitano Wednesday that, "My government has done what it could." Whether or not these were Monti's precise words, they definitely express a darkening mood.
  • Op-Eds

    Italy in a Bad Mood(y's)

    Judith Harris(July 14, 2012)
    Five words sum up Italy in this hot mid-summer, and not one is Italian. Here they are, in no particular order: spread, Moody's, Porcellum (a bastardized Latin word coined by the canny elder statesman of Italian political commentary Giovanni Sartori), and spending review. The five are intimately linked.
  • Facts & Stories

    "Grillismo" and the Powerful Forces

    Judith Harris(June 11, 2012)
    According to the pollsters, Beppe Grillo's share of the Italian electorate amounts to 16%, while Silvio Berlusconi's Partito della Libertà continues to sink like a stone. Meanwhile, the political pundits are suggesting that Mario Monti's government might not last beyond this summer, precipitating elections at least six months ahead of schedule.
  • Facts & Stories

    When Turkey and Italy Do Business in New York: A Conversation with Ali Babacan, Deputy Prime Minister of Turkey

    Francesca Giuliani(May 21, 2012)
    Turkey’s Deputy Prime Minister for Economic and Financial Affairs, Ali Babacan met the Italian and Italian-American business community in New York at a meeting organized by the Confederation of Italian Entrepreneurs Worldwide at the Italian Trade Commission. “Our relationship with Italy is excellent, we are friends and we are perfect strategic partners,” said Babacan.
  • Discorso del Ministro della Giustizia, Paola Severino, alla comunità di New York
    Facts & Stories

    Italian Minister of Justice Paola Severino's Visit to the US: A Recap.

    Francesca Giuliani(May 17, 2012)
    Presenting the American institutions and stakeholders with positive updates on the efficiency of Italian justice, Minister Severino elaborated on Italy’s readiness for foreign investments. “Italy is an improved country,” she told the Italian-American community at the Italian Consulate in New York, where she acknowledged the role of Italian-Americans as “privileged witnesses of Italy’s belief in meritocracy.” STAY TUNED FOR OUR VIDEO INTERVIEW!

  • Diary of an Economic Tragedy: “Look Us in the face”

    Judith Harris(May 07, 2012)
    "Open your shutters and look us in the face!" is what a mournful group of widows of debt-related suicide victims shouted last Saturday in Bologna during a demonstration in front of the local tax office. The number of debt-related suicides in Italy is dramatically increasing: an analysis of the phenomenon and of its causes
  • Op-Eds

    A Night at the Opera

    Judith Harris(April 29, 2012)
    This op-ed began with conductor Muti and will end with him. Two nights after their appearance in Rome the Chicago Symphony performed at the historic San Carlo Theater in Naples. Once again turning to the audience after the symphony's last notes rang out, the director Riccado Muti confided, "I first came to this theater at age fifteen in a rented tux--it was obligatory to wear one. The trousers were too long, and I tripped on the steps. But I made it. So can you. Do not to wait for the government to act for you--act for yourselves."
  • Facts & Stories

    Family Values, Bossi Style

    Judith Harris(April 13, 2012)
    Umberto Bossi, founding father of the Northern League, resigned as head of his party last week. After 30 years of blaming Rome of robbing, it turns out that some in Bossi's entourage were themselves stealing from the till, and on the grand scale. Bossi's son Renzo, who purchased a university degree with public funds, was no exception.

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