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Montevideo, July 15th 2018 - 20:48 UTC

Tag: Italy

  • Wednesday, June 20th 2018 - 08:50 UTC

    Cuba actively promotes foreign investment to prop the economy

    Minister of Industry Salvador Pardo, highlighted that the meeting is being attended by delegations from some 30 countries, including China, Russia, Spain, Germany

    The Cuban government opened on Monday the 3rd Edition of International Convention and Exhibition of Cuban Industry (CubaIndustria 2018), seeking to attract foreign investors to revitalize the country's economy.

  • Wednesday, June 13th 2018 - 08:32 UTC

    Italy/Spain insist Europe must share the burden of migrants

    The rescue ship Aquarius has been stuck since Saturday in international waters off the coast of Italy and Malta, both of which have refused it entry.

    Italy has dispatched two ships to help take 629 migrants stuck off its shores to Spain after the new populist government refused them safe port in a bid to force Europe to share the burden of unrelenting arrivals. The rescue ship Aquarius has been stuck since Saturday in international waters off the coast of Italy and Malta, both of which have refused it entry. The ship is carrying 629 migrants including 123 unaccompanied minors, 11 children and six pregnant women.

  • Monday, June 11th 2018 - 19:33 UTC

    Spain accepts rescue boat with stranded migrants in the Mediterranean

    Spain's new Socialist Prime Minister Pedro Sanchez agreed to allow the ship to dock in its eastern port of Valencia.

    Spain will welcome a ship with 629 migrants aboard after Italy and Malta refused to let the vessel dock in their ports. The migrants were saved by the French charity SOS Mediterranee on Saturday and were stranded in the Mediterranean Sea when Matteo Salvini, the new Italian interior minister, reportedly refused to allow the vessel to dock at Italian ports.

  • Monday, June 11th 2018 - 08:34 UTC

    Italy refuses docking to 629 migrants; Minister Salvani has promised to deport half a million illegals

    Aquarius, which is operated jointly by Medecine Sans Frontiers and SOS Medeterranee, was refused a port of disembarkation by the Italian authorities

    A group of more than 600 migrants appear to have become the first subjects of the new Italian government's tough immigration stance without having even set foot on Italian soil. A charity rescue vessel carrying 629 people is currently stranded in the Mediterranean after Matteo Salvini, the new Italian interior minister, reportedly refused to allow it to dock at Italian ports.

  • Monday, June 4th 2018 - 08:05 UTC

    Costa Cruises will incorporate four new ships, including the first powered by LNG

    In October 2019, the cruise line will welcome the flagship Costa Smeralda, the first cruise ship for the world market powered by Lng, built by Meyer shipyards

    Costa Crociere to welcome four new cruise ships by 2021. Between 2019 and 2021 four new ships will enter service with the Italian cruise line, based in Genoa, Italy, for an overall increase in passenger capacity of 43%. In February 2019, the company will welcome the new Costa Venezia, currently under construction at the Fincantieri plant in Monfalcone.

  • Friday, June 1st 2018 - 07:09 UTC

    Different flavors, but Italian pizza: coalition government takes office this Friday

    Prime Minister-designate Giuseppe Conte presented his list of ministers to President Sergio Mattarella for the second time in a week (Pic BBC)

    A coalition government has been agreed in Italy, ending months of uncertainty in the EU's fourth-biggest economy. Prime Minister-designate Giuseppe Conte presented his list of ministers to President Sergio Mattarella for the second time in a week and the new government will be sworn in this Friday, June first.

  • Thursday, May 31st 2018 - 08:36 UTC

    EU pledges more funds to combat populism and migrant crisis

    The EC, the bloc's executive arm, proposed the regional shift in the “cohesion” portion of the post-2020 multi-year budget as Italy faces political chaos.

    The European Union has proposed spending more on Italy and other member countries hit by the economic and migrant crises, but less on increasingly wealthy eastern states like Poland. The European Commission, the bloc's executive arm, proposed the regional shift in the “cohesion” portion of the post-2020 multi-year budget as Italy faces political chaos.

  • Wednesday, May 30th 2018 - 09:26 UTC

    Global markets and the Euro his hard by the Italian political stalemate

    Italy plunged into crisis when President Sergio Mattarella vetoed the nomination of a fierce euro skeptic as economy minister

    Asian equities and the euro sank Wednesday as turmoil in Italy sparked a frantic dash for safety, while investors have also been spooked by fresh worries about the China-US trade row. Global markets have been sent into a tailspin as a political crisis unfolding in Rome has thrust the stability of the Euro zone and European Union back on to the agenda.

  • Wednesday, May 30th 2018 - 09:18 UTC

    Italian lawmakers demand EU budget commissioner be forced out of office

    EU commissioner Oettinger said here had been a “noticeable downturn” in government bonds, banks' market values and in Italy's economy in general”

    Senior Italian politicians on Tuesday called for EU budget commissioner Gunther Oettinger to resign over an “absurd” comment in which he voiced the hope that the country's poor economic situation will keep populist parties out of government.

  • Tuesday, May 29th 2018 - 08:11 UTC

    Italy's Mattarella appoints ex IMF interim prime minister and quells the situation... for now

    President Sergio Mattarella vetoed the parties' choice of a euro skeptic as economy minister, prompting populist parties to accuse the president of betraying voters

    Italy's president set the country on a path back to fresh elections on Monday, appointing a former International Monetary Fund official as interim prime minister with the task of planning for snap polls and to pass the next budget. The decision to appoint Carlo Cottarelli to form a stopgap administration sets the stage for elections that are likely to be fought over Italy's role in the European Union and the euro zone, a prospect that is rattling global financial markets.

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