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Governor of the Bank of Italy Fabio Panetta (L), Italy's Minister of Economy and Finance Giancarlo Giorgetti (R) and President of the European Central Bank Christine Lagarde pose on the sidelines of the G7 Finance Ministers meeting in Stresa on May 24, 2024. Earlier this week, U.S. Treasury Secretary Janet Yellen told Sky News she saw the "possibility" that G7 nations could assist Ukraine with as much as $50 billion in loans linked to frozen Russian assets. "The Russian assets are not earning interest anymore, but they are generating returns for Euroclear. That alone could be given to Ukraine that would be repaid over several years by that flow of interest," Yellen added. It remains to be seen whether G7 nations can strike consensus on such a loan and what final sum will be extended to support Kyiv's military effort.
Persons: Bank of Italy Fabio Panetta, Finance Giancarlo Giorgetti, European Central Bank Christine Lagarde, Janet Yellen, Yellen Organizations: Bank of Italy, Italy's, Economy, Finance, European Central Bank, Ukraine, Treasury, Sky News, Euroclear Locations: Stresa, Italy, Ukraine
Neighborhood names are also shorthand for your rent or mortgage payments. In 2017, real-estate brokers in the historically Black New York neighborhood of Harlem sparked backlash when they tried to rebrand its south end as SoHa. At their best, new neighborhood names bring people together over a shared sense of pride in their little corner of the world. Along the way, these neighborhood names have veered into parody territory. I'm not saying that neighborhood names should be set in stone — in fact, I think it's natural for them to evolve alongside their populations.
Persons: you've, MoRA, Nashville's, they're, Let's, Gill Holland, Holland, Nestor Davidson, David Fagundes, Grant McKenzie, McKenzie, Hakeem Jeffries, Jeffries, Davidson, They're, Bob Dylan's, Marshall, Lily, I'm, Willy, Dirtbag, Little Italy — Organizations: Market, McGill University, University of Maryland, Houston, Financial, Tribeca, McGill, Google, Democratic, New York State Assembly, New York Times, Apple, North Arts District, Congress, Little Locations: Denver, Charlotte , North Carolina, LoSo, Boston, Louisville , Kentucky, NuLu, Austin, America, New York City, Louisville, Holland, North Carolina, Greenwich, Louisville's, Phoenix, Holland's, York, New York, Manhattan, Side, Chelsea, Maryland, Harlem, SoCo, Soho, Dowisetrepla, Charlotte, East Williamsburg
An exterior view of the International Criminal Court in The Hague, Netherlands, on December 6, 2022. Peter Dejong/AP/FileUS President Joe Biden slammed the International Criminal Court's efforts to seek arrest warrants on charges of war crimes for Israeli Prime Minister Benjamin Netanyahu, his defense minister and three Hamas leaders. “It's clear Israel wants to do all it can to ensure civilian protection. Let me be clear, what’s happening is not genocide,” Biden said. France broke from its Western allies — including the US, UK and Italy — to express support for the ICC.
Persons: Peter Dejong, Joe Biden, Benjamin Netanyahu, , ” Biden, Karim Khan, Italy — Organizations: Criminal, US, Republican, ICC Locations: The Hague, Netherlands, Israel, France, Italy
CNN —Leonardo da Vinci’s Mona Lisa — one of the most famous paintings in the world — is shrouded in mystery; from questions around the figures identity, to her puzzling, enigmatic expression. Now, at least one of the artwork’s secrets has been revealed, according to a geologist based in Italy. Ann Pizzorusso, who is both a geologist and an art historian specializing in Leonardo and the Renaissance era, believes she has deduced the location of the Mona Lisa using her geological expertise. “Because when the glacier moved it scoured out certain pieces of land.”Pizzorusso believes Lake Como, the glacial lake dating back around 10,000 years, is in the background of the Mona Lisa. “We don’t know who (Mona Lisa) is, some believe she was a rich Tuscan merchant’s wife,” she said, referring to a popular historical theory that proposes the figure was based on Italian noblewoman Lisa Gherardini.
Persons: CNN — Leonardo da Vinci’s Mona Lisa —, Ann Pizzorusso, Leonardo, Mona Lisa, Pizzorusso, , , VCG Wilson, Mona, there’s, ” Pizzorusso, titoslack, “ Botticelli, Michelangelo, Lisa Gherardini, Said, “ I’m Organizations: CNN, Italy —, Como Locations: Italy, Lecco, Lake Como, Windsor , London, Bobbio, Arezzo, Tuscany
Thedieck, now 31, is still in the military, and has gotten an awful lot of what he's wanted ever since. Darren Thedieck, age 31, joined the Air Force at age 18. Saving on a military salaryThedieck was interested in saving and investing long before he joined the Air Force. Right now, though, the plan is for that money to provide a financial "cushion" for the family, Thedieck says. Instead of full retirement after military life, both he and Naudia plan to take off in a new direction.
Persons: Darren Thedieck wasn't, he's, Thedieck, He's, Darren Thedieck, Andrea Ferro, Naudia, Denmark —, he'll, — Warren Buffett, Benjamin Graham, Darren, That's, They're Organizations: CNBC, U.S . Air Force, Air Force, titans, Social Security, Service Credit Union, Apple, Disney, Netflix, Spotify, FIRE Locations: Las Vegas, England, South Korea, Germany, Aviano, Italy, Venice, Denmark, United States
Read previewIn 2005, we were a newly married couple living in our 2,000-square-foot house in Nashville. We quit our gigs and, by April, had bought a house in a town north of Rome. By November, we'd officially moved to a tiny 500-square-foot house in Italy with a bathroom the size of a Spirit Airlines lavatory. First of all, the entire house is one big open room that's about the size of our old living room — our kitchen, foyer, and dining table are all in the same space. Although electricity is pricey, having a small house makes our bills manageable.
Persons: , we'd, we've, Zeneba Bowers, Zeneba Organizations: Service, Business, Spirit Airlines Locations: Nashville, Italy, Rome
Over the course of the season, Tyler and Hall have multiple discussions about their relationship and at least one steamy kiss. Here's everything we know about whether Tyler and Hall are dating after "Selling the OC" season three. AdvertisementTyler and Hall's sexual tension ramped up on 'Selling the OC' season 2Tyler Stanaland and Alex Hall on "Selling the OC." Season 3 is filled with more indecisionAlex Hall and Tyler Stanaland continue to test the waters of a relationship on "Selling the OC" season 3. Tyler Stanaland and Alex Hall on "Selling the OC."
Persons: , Tyler Stanaland, Alex Hall, Tyler's, Brittany Snow, Tyler, Terence Patrick, Gio Helou, Hall, Brandi Marshall, Polly Brindle, Polly, wouldn't, costars, Hall's, he's, flakiness, doesn't, it's, Tudum Organizations: Service, Group, Business, Hall, Netflix, Oppenheim Locations: Cabo, Fiji, Australia, San Diego, Nashville, Vegas, London, Italy
Art of Craft is a series about craftspeople whose work rises to the level of art. Two years later, a shop selling musical instruments opened in Pyeongtaek, South Korea, her hometown, and An became a fixture there, pelting the owner with questions. As a teenager, she decided she would become a violin maker. Eventually, a journey with twists and turns took her to Cremona in northern Italy — a famed hub for violin makers, including masters like Antonio Stradivari, since the 16th century. There, An, a rising star in the violin-making world with international awards under her belt, runs her own workshop.
Persons: Ayoung, , Antonio Stradivari Locations: Pyeongtaek, South Korea, Cremona, Italy
Multipurpose frigatesFrench Navy Frigate FS Languedoc transits alongside USS Harry S. Truman during an air and sea power demonstration. US Navy photo by Mass Communication Specialist 3rd Class T'ara TrippThe Languedoc and the Alsace are both multipurpose frigates part of the FREMM family of warships. Under the FREMM initiative, or "European multi-purpose frigate" project, the ships were developed by France and Italy. Initially, 27 FREMM frigates — 17 for France and 10 for Italy — were planned for development with three proposed variants: an anti-submarine variant, a general-purpose variant, and a land-attack variant. These include the lead ship FS Aquitaine, as well as FS Provence, FS Languedoc, FS Auvergne, FS Bretagne, FS Normandie, FS Alsace, and FS Lorraine.
Persons: Harry S, Truman, T'ara Tripp, Italy — Organizations: French Navy, US Navy, Italy, FS, FS Bretagne, FS Normandie, FS Lorraine Locations: Languedoc, Alsace, France, Italy, Aquitaine, FS Aquitaine, Auvergne
I took a 30-hour trip on the Venice Simplon-Orient-Express sleeper train. The train has a strict dress code and encourages passengers to wear their finest attire. Celebrity stylist Kim Appelt helped me pack a light, elevated travel wardrobe for the trip. One was a 30-hour ride on one of the world's most luxurious locomotives — the Venice Simplon-Orient-Express. Appelt eased my fears as she helped me pack a light, comfortable, yet elevated wardrobe with versatile neutral pieces and pops of color.
Persons: Kim Appelt, , Italy —, Appelt Organizations: Orient, Express, Service, Orient Express Locations: Venice, Europe, Paris, Italy, athleisure
Up until the development of the DII, "there was really no way to quantify the effect of diet on inflammation," Hébert said. But chronic inflammation — inflammation that persists for months or even years— can damage healthy cells. "If I didn't eat a lot of fish, I'd probably consider taking fish oil," Hébert said. Leafy, green vegetablesElena Veselova/ShutterstockVegetables are excellent anti-inflammatory foods, Hébert said. Don't stress about cutting out foods — think about what to add inDon't worry too much about skipping inflammatory foods, Hébert said.
Persons: , James Hébert, Hébert, I'd, Elena Veselova, Getty Organizations: Service, University of South, Cancer Prevention, Control, Business, Harvard Health Locations: Sardinia, Italy, Olive
The parents of baby Indi Gregory, who has a rare metabolic disorder known as mitochondrial disease, have fought legal battles in a bid to continue life support for their child. The legal tussle is the latest in a series of similar cases in Britain that saw doctors and parents spar over the treatment of terminally ill children and the respective rights and responsibilities of parents and medical professionals. The campaign group Christian Concern, which is supporting Indi’s parents, said the parents plan to appeal the ruling. The fatal disease has caused progressive brain damage in baby Indi, leaving her totally dependent on life support, according to evidence presented to the High Court in London. Instead, he said continuation of treatment would “perpetuate a high level of pain and suffering” for the baby.
Persons: , Indi Gregory, Robert Peel, Indi, Gesu, Peel, , Justice Peel, Giorgia Meloni, Dean Gregory, Indi's, Organizations: Britain's, Queen's, Italy —, Queen’s, Health Service, Court, Christian Locations: Italy, Britain, Nottingham, London, Poland
Key takeaways from the IMF-World Bank meetings
  + stars: | 2023-10-14 | by ( ) www.cnbc.com   time to read: +4 min
U.S. Secretary of Treasury Janet Yellen arrives for a bilateral meeting on the third day of the International Monetary Fund and World Bank annual meeting, in Marrakech, Morocco, October 11, 2023. Susana Vera | ReutersOvershadowed by fresh Middle East violence and hosted by a country still recovering from an earthquake, the week-long annual meetings of the International Monetary Fund and World Bank wrapped up on Saturday. Global inflation is seen dropping from 6.9% this year to a still-high 5.8% next. Italian central bank governor Ignazio Visco said there was an impression markets were "reevaluating the term premium" as investors become more nervous about holding longer-term debt. One debt restructuring deal emerged: Zambia finally agreed a debt rework memorandum of understanding with creditors including China and France.
Persons: Janet Yellen, Susana Vera, Pierre, Olivier Gourinchas, Italy —, Ignazio Visco, Joyce Chang, Vitor Gaspar, Mehmet Simsek, Murat Ulgen Organizations: International Monetary Fund, Bank, Reuters, Emerging, Research, HSBC, Export, Import Bank of Locations: Marrakech, Morocco, Moroccan, Israel, Central, United States, China, Italy, Italian, Turkey, Kenya, Zambia, France, Sri Lanka, Import Bank of China
The Life Cycle of New York Galleries
  + stars: | 2023-09-28 | by ( M.H. Miller | ) www.nytimes.com   time to read: +10 min
The Life Cycle of New York Galleries What does being the center of the art world do to a neighborhood? BROOME STREET GRAND STREET WOOSTER STREET GREENE STREET MERCER STREET CROSBY STREET HOUSTON STREET CANAL STREET WEST BROADWAY BROADWAY LAFAYETTE STREET PRINCE STREET SPRING STREET opacity=0PRE-1950SIn the early 20th century, the area south of Houston, north of Canal, bounded roughly by West Broadway on one side and Lafayette/Centre Street on the other, was notorious for sweatshops and factory fires. Photo: Bob Adelman1968In 1968, a group called the SoHo Artists Association formed in order to help legalize loft living in manufacturing buildings. The reputations of these dealers helped cement the neighborhood as the center of the New York art world, though SoHo remained, in some ways, sparse. In 1996, the SoHo Grand Hotel opened on West Broadway (the Mercer would open the following year).
Persons: Edward Cavanagh Jr, Robert Moses, Bronx . Walter Albertin, Little Italy —, Jane Jacobs, Fred W, , Chester Rapkin, Houston —, Allan Tannenbaum, Donald Judd, James Rosenquist, Julie Finch, Frank Stella, John Chamberlain, Claes Oldenburg, Bob Adelman, John Dominis, Paula Cooper, Alan Shields, Judd, Leo Castelli, André Emmerich, Ileana Sonnabend, John Weber, Sam Falk, Sol LeWitt, — Carol Goodden, Tina Girourard, Gordon Matta, Clark —, Sandra Zalman, ” Gordon Matta, Clark’s “ Matta Bones, Clark, Andrew Sarchiapone, Cooper, Moira Hodgson, Pepe Diniz, Peter Gabriel, Mick Jagger, Keith Haring, Tony Shafrazi, Martin Scorsese, — Brooke Alexander, Gruenebaum, Baskerville, Watson, Victoria Munroe, Witkin, , Larry Gagosian, Lee B, Ewing, Solomon R, Bill Cunningham, Moss, Mercer, Prada, Michael Moran, OTTO, Bloomingdale’s, Jeffrey Isaac Greenberg, Hauser & Wirth, Marc Payot Organizations: STREET WOOSTER, STREET, STREET CROSBY STREET, WEST BROADWAY BROADWAY LAFAYETTE STREET PRINCE, West Broadway, Cross, Bronx ., of Congress, Interim, Lower, Manhattan, Authority, City Club of New, Houston, Fairweather, James Rosenquist Foundation, ARS, SoHo Artists Association, Student, Broadway, New York Times, New, New York City Landmarks Preservation, Vox Media, New Museum, , The Times, The New York Times, Guggenheim Museum, Guggenheim, Guggenheim SoHo, Voice, Women’s Action Coalition, Boys ’, Hauser &, Wooster, Adidas, Wirth’s, Hauser, Wirth Locations: Soho, Houston, Canal, Lafayette, Manhattan, Bronx, Hell’s, Little Italy, Lower Manhattan Expressway, City Club of New York, New York City, , New York, Vietnam, SoHo, York, , New York City , New York, Wooster, New York, French, Sixth, Prince, West Chelsea
Milan CNN —Milan Fashion Week picked up where London left off last Wednesday, at least weather-wise. Both hit their strides with highly well received collections, as did a number of other familiar faces to Italy’s fashion capital. Overall, however, the festivities showed a consistency of form that continues to make the Italian city Paris’s greatest rival to the fashion scene throne. Cinematic sets and performative showsAlongside the clothes, many brands made their sets a main talking point at fashion week. Lodovico Colli di Felizzano/WWD/Getty ImagesRyan Gosling and Juila Roberts were among the star-studded crowd to pile into the Gucci show.
Persons: Milan, Gucci, Sabato de Sarno, Tom Ford’s, Peter Hawkings, Ford’s, Versace, Giulio Tanzini, Julia Roberts, Ryan Gosling, Gabrielle Union, Jessica Chastain, Paul Mescal, Jodie Comer, Emma Watson, Scarlett Johansson, Benedict Cumberbatch, Prada, Kate Moss, Linda Evangelista, Naomi Campbell, Anna Wintour, Kim Jones, Karl Lagerfeld, Rome, Tom Ford, georgette, Brigitte Bardot, Priscilla Presley, Lorenzo Serafini, Max Mara, Ian Griffiths, Carlyne Cerf, Dudzeele, Katie Grand, Lucia Liu, Gabriella Karefa, Johnson, Franco, Jeremy Scott, Cerf, Lucia Liu’s, Donatella Versace, Kendall Jenner, Gigi Hadid, Natalia Bryant, Precious Lee, Claudia Schiffer, lacy, Simone Bellotti, Francesca Murri, Matthieu Blazy, Blazy, Italy —, , Paolo Fichera, Cavalli, Fendi, Shawn Kolodny, Pietro S, Beate Karlsson, Avavav, Sabato de Sarno's, Gregoire Avanel, Tom Ford's, Gaspar Ruiz, Pietro D'Aprano, Mattieu, Alfonso Catalano, Kim Jones nodded, Fendi Jones, Daniele Venturelli, Zakirova, Lodovico Colli di, Juila Roberts, Roberto Cavalli, Isidore Montag Organizations: Milan CNN — Milan, London, Bottega Veneta, Diesel, Prada, Britain’s Land Army, Dolce, Gabbana, Bally, Fondazione Prada, Accademia di Brera, Getty, Gucci Locations: British, Milan, Bottega, Hollywood, Fendi, organza, Los Angeles, Cannes, Bottega Veneta, Italy, French, Belgian, , Missoni, Milan’s, Sunnei, Stockholm
ECB President Christine Lagarde has said the latest rate decision will be made based on available data, a switch from the last nine meetings when rate hikes were signaled ahead of time. But Valli added that it was “a very close call.”Market indicators of future rate moves show many are leaning against an ECB rate hike Thursday. They are betting that the U.S. Federal Reserve might manage a “soft landing” by finishing its rate hikes without pushing the economy into a downturn. Economists and investors generally expect the Fed to skip a rate hike at its meeting next week, but it could increase again in November. The flip side is that rate hikes can hurt economic growth if they're overdone.
Persons: Christine Lagarde, Marco Valli, Valli, Klaas Knot Organizations: European Central Bank, ECB, Federal Reserve, UniCredit Bank, Services, U.S . Federal Reserve, Fed, Bank of Locations: FRANKFURT, Germany, Milan, France, Spain, Italy, Europe's, Europe, China, U.S, Central, Ukraine, Bank of England
The residency was born from a similar impulse to share his passions. He wanted to introduce his community to the pleasures he had found in Italy — a country, he says, “that offers so much in terms of rest.” Each year, a different fashion brand sponsors the program, an arrangement Anderson worked hard to establish in the wake of the Black Lives Matter protests of 2020. “I was sending out tons and tons and tons of emails,” he says, appealing to companies that had pledged to support the Black community. “I wanted to work with a brand that aligned with what I believe in.” The first two seasons were sponsored by Bulgari and Loro Piana, respectively; this year, the supporting brand contributed as a silent partner.
Persons: Anderson, , , Loro Piana Organizations: Bulgari Locations: Italy —,
Chris Huber/Good CompanyDespite feelings of shock or intimidation that these images could stir up, the listing urges potential buyers to stay open. That's an "avant-garde 'floor hole' art installation" that gives you "an authentic, unfiltered glimpse into the crawl space," according to the listing description. Chris Huber/Good CompanyOutside, the exterior of the house looks weathered and old, with an overgrown lawn. Chris Huber/Good CompanyAccording to the listing, the 724-square-foot house was constructed in 1956 and last sold for $4,092 in February 2022. There are currently 153 single-family homes for sale in Pontiac, and this $1 fixer-upper is the cheapest listing in the area.
Persons: Italy —, Chris Huber, Joanna, Chip, Joanna Gaines Organizations: Service Locations: Pontiac , Michigan, Wall, Silicon, Italy, Pontiac
“We wanted to leave the house, but then the flames were behind the door,” a resident told Live Sicilia television. Things could hardly be worse for Italy and its Mediterranean neighbors this month. Wildfires and successive heat waves transformed their summer paradises into ghoulish hellscapes. And if it was not the heat, it was hail — the size of billiards in northern Italy — as the country ricocheted between weather extremes. But the many tourists who had come looking for a summer holiday found an inferno, and there was more than a hint of buyer’s remorse.
Persons: Organizations: Live Sicilia, Italy — Locations: Palermo, Italy, Greece
The lines to get into the Pantheon, one of Rome’s most famous ancient sites, were high-season typical, snaking past the obelisk-topped fountain in the middle of the square to the cafes at the back. But they were especially slow-moving on Monday, the first day that the Italian Culture Ministry introduced an entrance ticket, priced at 5 euros, to enter the 2,000-year-old monument. Hotly debated for years, the ticketing plan was announced in March by the culture minister, Gennaro Sangiuliano, who said that charging a small fee to help maintain the most popular cultural site in Italy — with about nine million visitors a year — “was an objective based on common sense.”The equivalent of about $5.50 might be a small price to pay to see one of the world’s most iconic monuments — where the painter Raphael is buried — but the new fee has been accompanied by stumbling blocks.
Persons: Gennaro Sangiuliano, , Raphael Organizations: Italian Culture Ministry Locations: Italy
Rimini, Italy. The Jersey Shore, but not Unlike Americans, Italians do not just plunk down their beach bag and dive in the ocean. A bargain for Americans, but not for Italians Italy is heavily reliant on tourism. For Americans, Europe in general but the smaller cities of Italy in particular are a great value. It's a bargain for Americans but, for most Italians, even those prices are out of reach.
Persons: Federico Fellini, Vita, It's, Fellini, He's, That's Organizations: Istock, Getty, Ferraris, cabana, Business, Tourists, gondoliers, OECD, European Union Locations: Rimini, Italy, RIMINI, ITALY, Jersey Shore, Ancona, Emilia, Romagna, Europe, Parma, Modena, Bologna, Ravenna, Jersey, Cattolica, Adriatic, Croatia, Albania, Venice, St
As he acknowledged, the story was unusual because it had started with his own experience with Sherry-Lehmann, a New York store that had long been venerated. Many New Yorkers who don’t know wine know about Sherry-Lehmann. “The customer base on the Upper East Side left town,” debilitating the company’s bottom line, Stewart told me. For people who know their wine, Sherry-Lehmann was something more than a retail store with Park Avenue respectability. Just as there are corn futures and soybean futures, there are wine futures, which struck me as a concept a business reporter would love.
New York City is sinking at a rate of 1 to 2 mm per year, according to a recent US government study. Venice, Italy — the "floating city" — is sinking at the same rate. The problem of subsidence is likely to worsen as coastal cities continue to grow in population. And the problem is likely to worsen as coastal cities around the world continue to grow in population and building density, researchers said. And while 1 to 2 mm is the average throughout the city, some parts of New York City are subsiding even faster.
Image President Volodymyr Zelensky of Ukraine in Paris on Sunday. The officials did not say when Mr. Zelensky would arrive, hoping to keep details of his travels vague for security reasons. So far, there have been no public announcements about Mr. Zelensky’s plans, and the Ukrainian news media has suggested that he will join the summit virtually. If Mr. Zelensky arrives in Hiroshima, he will almost certainly have a one-on-one meeting with Mr. Biden. “We have a task to maintain the momentum of international support and communication for Ukraine,” Mr. Zelensky said in his nightly address on Thursday.
It is far from clear that this group of leaders — the G7 also includes Germany, Britain, France, Canada and Italy — can sustain a conversation on a technology that appeared to burst on the scene so quickly, even if it was years in the making. Past efforts to get the group to take up far more straightforward cybersecurity issues usually descended into platitudes about “public-private partnerships,” and there has never been serious discussion of rules to guide the use of offensive cyberweapons. That will enable lower-level aides to discuss details of what those first regulations would look like, the officials said. But as the G7 leaders convene starting on Friday, it will be Ukraine that will dominate the conversation, at a critical moment for Mr. Zelensky, for Ukraine and for the core Western democracies now seized with an urgent mission of bringing about what Mr. Biden calls the “strategic defeat of Russia in Ukraine.”Mr. Biden often says that Russia is already defeated. But the fear permeating the seven large democracies here is that unless the counteroffensive proves highly successful, Ukraine will settle into a bloody, frozen conflict in which the best hope would be an armistice, reminiscent of the one that brought a halt to fighting on the Korean Peninsula 70 years ago this summer.
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