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This Could Sink Banks in Greece, Portugal, Spain, and Italy

This Could Sink Banks in Greece, Portugal, Spain, and Italy Not that much has changed in Spain since the climax of the debt crisis during which its collapsing banks were bailed out. Some of them were recombined into a bank with a new name – Bankia – and sold to the public via an IPO […]

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Plan B? Major European “Allies” Desert Obama, Join China-led Infrastructure Bank

Plan B? Major European “Allies” Desert Obama, Join China-led Infrastructure Bank It appears the sea of de-dollarization has reached the shores of Europe. With Australia and UK having already moved in the direction of joining the China-led AIIB, The FT reports that France, Germany, and Italy have now all agreed to join the development bank as ‘pivot to Asia’ appears to […]

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Boiling point: Hundreds of anti-fascist protesters clash with police in Italy

Boiling point: Hundreds of anti-fascist protesters clash with police in Italy Clashes broke out at an anti-fascist rally in Cremona, Italy when around 2,000 protesters took to the streets to object to an attack by far-right group supporters. The fracas left a political activist in hospital. A couple of thousand anti-fascist protesters attended the rally […]

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‘We want our jobs!’ Thousands march against Italian labor reforms (VIDEO) — RT News

‘We want our jobs!’ Thousands march against Italian labor reforms (VIDEO) — RT News. Some 40,000 protesters took to the streets of Rome on Friday, as Italy was gripped by protests against Prime Minister Matteo Renzi’s reforms. Demonstrations turned violent in Milan and Turin as protesters clashed with police. A general strike called by CGIL […]

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‘F**k austerity’: Protesters clash with cops outside opening night at La Scala, Milan — RT News

‘F**k austerity’: Protesters clash with cops outside opening night at La Scala, Milan — RT News. At least 300 protesters clashed with riot police in an anti-austerity march in Milan, Italy, outside La Scala which opened its glamorous opera season. Activists threw Molotov cocktails and flares, leaving two officers injured. The demonstrators were protesting against […]

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West’s action in Libya in 2011 was a ‘mistake’ – Italy’s foreign ministry — RT News

West’s action in Libya in 2011 was a ‘mistake’ – Italy’s foreign ministry — RT News. Western countries made a ‘mistake’ three years ago, when they intervened in Libya to overthrow the Gaddafi regime, according to Italian Minister of Foreign Affairs. The statement came amid reports of the US discussing airstrikes on Libya’s territory. “Three […]

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S&P Wakes Up, Cuts Italy to One Notch Above Junk | Wolf Street

S&P Wakes Up, Cuts Italy to One Notch Above Junk | Wolf Street. Italy has one of the most troubled economies in the EU. Businesses and individuals are buckling under confiscatory taxes that everyone is feverishly trying to dodge. Banks are stuffed with non-performing loans that have jumped 20% from a year ago. The economy […]

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“An injury to all”: the class struggle is back in Italy | ROAR Magazine

“An injury to all”: the class struggle is back in Italy | ROAR Magazine. As Renzi’s center-left government intensifies the project of neoliberal restructuring, a wave of self-organized class struggle takes off across Italy. Back in 2006, Warren Buffet, the notorious billionaire speculator, confessedduring an interview that: “There’s class warfare, all right, but it’s my class, […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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