The Italian crisis Addio, Silvio Market panic has erupted as Silvio Berlusconi prepares to step down from government. We assess the impact of his going—first, on Italy’s politics Nov 12th 2011 | ROME | from the print edition
AS IN many an opera, the wounded hero took an unconscionable time to die. But on November 8th Silvio Berlusconi, who had been haemorrhaging support for months, went to see Italy’s president, Giorgio Napolitano, and promised to resign. The final knife-thrust was the loss of his majority in the Chamber of Deputies, the lower house of parliament, in a crucial vote on the re-submitted 2010 public accounts. Even if elections are held soon, Mr Berlusconi says he will not be running. He now feels "liberated”.
The European Central Bank Ready for the ruck? Taking over the European Central Bank puts Mario Draghi in a position as perilous as Europe’s Oct 22nd 2011 | from the print edition · · AT THE end of October, after eight years in the top job, Jean-Claude Trichet will pass the presidency of the European Central Bank (ECB) to Mario Draghi. Italy’s leading central banker thus takes his place in the front row of the fight to push back the euro crisis, bearing
The princelings are coming Next year’s changes in the leadership will bring on a new generation of privileged political heirs Jun 23rd 2011 | from the print edition · · THE RUGGED REMOTENESS of Chongqing, a region in south-western China about the size of Austria, made it an ideal temporary home for the government during the Japanese invasion in the 1930s-40s. In the 1960s Mao Zedong moved strategic
Libya’s liberation The colonel is caught The demise of Muammar Qaddafi will give new life to the Arab revolution Oct 22nd 2011 | from the print edition · · FORTY-TWO years after he took power in a coup as a handsome 27-year-old captain, Africa’s longest-serving dictator was finally brought to bay on October 20th
Hard times Oct 25th 2011, 14:33 by The Economist online How the economic slowdown has changed consumer spending in America AMERICANS are spending less on clothes and eating out and more on household fuel bills and healthcare, according to data from the Bureau of Labour Statistics. Between 2007