As every woman who has ever had dealings with a man knows only too well, it is a lot easier for people to make promises than it is for them to keep them. And when Europe’s leaders met in Paris on the 12 October, a lot of fine promises (which were all, …
Both Italian Business and Consumer Confidence fell back in October. Between the battering the Italian banking sector is taking on the one hand, and the ongoing contraction in the real economy on the other, Italy isn’t exactly in the best of shape right…
Two additional pieces on news today relating to the ongoing Unicredit issue:Unicredit and Intesa Sanpaola Share DowngradeUniCredit SpA and Intesa Sanpaolo SpA, Italy’s largest banks, had their shares downgraded to “sell” by analysts at Royal Bank of S…
The Financial Times has an interesting article on this topic today. Basically Italy’s present government looks set to opposes sovereign wealth funds buying more than 5 per cent of individual Italian companies, at least that was what Franco Frattini, It…
Taking my cue from the worthy and well thumbed play-book of the Brothers Coen, I thought every now and again I might follow up all those, long, desperately serious, and highly indigestible posts about how Italy should now be considered to be “No Countr…
Well, Europe’s leaders have finally bitten the bullet. Faced with what IMF head Dominique Strauss Kahn warned could turn into a global financial meltdown, our leaders have risen to the challenge, at least to a certain extent. The details of what has be…
by Claus Vistesen: LausanneOil prices plunged below $85 a barrel on Thursday, the lowest level in a year, as Opec, the oil exporting countries’ cartel, called an emergency meeting to discuss reducing its crude production to halt the collapse in price…
Italy has committed itself to guarantee bank deposits and provide sufficient funds to stop any lender in the country from failing, according to a statement from Finance Minister Giulio Tremonti.Italy’s “banking interventions will be on a case-by- case…
On Friday at Half Moon Bay, Paula Creamer had a bad day. She shot scathing looks at her caddy, jammed her club into her bag, and displayed the worst behavior of any LPGA pro that I’ve seen.
Then she won the tournament and had tears of joy. I hope part of the reason for the tears wasn’t just being sentimental because she won a tournament in front of her local fans. Instead some of those tears should be out of embarrassment for how she acted on the golf course on Friday.
Worst is little girls thinking this is an appropriate way to behave. She apologized to her caddy, but she should also include one to her fans and those who might think of her as a role model. To be clear, I’ve never held athletes as role models, but unfortunately with our media today kids have no one else to see as potential role models.
Finally, if Creamer can’t take responsibility for her bad shots, and instead blames them on her caddy, she has a lot of growing up to do. Let’s hope she does it fast.
UniCredit SpA, Italy’s second biggest bank, fell again in Milan trading this morning after analysts at banks including Citigroup Inc. and JPMorgan Chase & Co. cut their share-price estimates. The bank dropped 14 cents, or 4.8 percent, to 2.78 euros as …
