Falklands oil company, Rockhopper Exploration PLC has agreed with a regulated specialist fund to monetize the arbitration award. The award announced in August 2022 relates to arbitration against Italy involving Ombrina Mare oil field in the Adriatic. (*)
President Santiago Peña met on Tuesday with members of the Paraguayan community in Italy to discuss the situation of the South American expatriates. During the meeting, Peña stressed the importance of his country projecting an image of solid and transparent institutions that would lead to economic growth.
A Roman duel in tech times. In effect, Elon Musk on Friday said he spoke with Italy's culture minister, Gennaro Sangiuliano, about planning a cage fight with rival tech billionaire Mark Zuckerberg in Italy.
Many young people in Italy are expressing outrage on social media after a judge cleared a school caretaker of groping a teenager because it did not last long enough.
Italian President Sergio Mattarella arrived Thursday in Paraguay on a state visit, it was reported in Asunción. It is the first official visit of a President of the Italian Republic to Paraguay. Earlier in his South American tour, the European leader had been touring Chilean Patagonia.
Brazilian President Luiz Inácio Lula da Silva and Argentine-born Pope Francis exchanged views for over an hour Wednesday on the socio-political situation of the region and discussed ”the promotion of peace (...) the fight against poverty and inequality, the respect for indigenous populations and the protection of the environment”, according to a communiqué.
Italy has moved to block a Chinese state-owned company from taking control of tyre making giant Pirelli. The decision is part of measures announced by Italy's government to protect businesses considered strategically important, and as such Pirelli's independence.
The passing of Il Cavaliere, Silvio Berlusconi, is the end of an era for Italy. For the past fifty years, his shadow has loomed large over parliament, the media, football and the man on the street.
Silvio Berlusconi, the flamboyant former Prime Minister of Italy, has passed away at the San Raffaele Hospital in Milan after battling leukemia for an extended period, as reported by Italian media today.
Volker Türk, the United Nations High Commissioner for Human Rights, has urged Italy to ensure that any migration measures it implements during the state of emergency declared on Monday respect its humanitarian obligations.