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Luciano Spalletti and the Power of Walking Away
  + stars: | 2023-06-16 | by ( Rory Smith | ) www.nytimes.com   time to read: +1 min
Luciano Spalletti’s farm sits high on a ridge outside Montaione, a peaceful, strikingly pretty Italian village set on a hilltop an hour or so southwest of Florence. It is picture-perfect Tuscany: cobbled piazzas lined with cafes; echoing, cobbled streets; a panorama of deep blue skies and verdant olive groves on rolling hills. The stretch of the Tuscan countryside Spalletti calls home is not quite so well-touristed as, say, Chianti. But Spalletti grew up here, in the medieval walled city of Certaldo, and he saw in the farm the chance to draw more people to the region. The view stretches all the way from Pisa, in the west, to the Apennines in the east.
Persons: Luciano, Spalletti Locations: Montaione, Florence, Tuscany, Certaldo, Pisa
Media tycoon Berlusconi founded Forza Italia when he entered politics in 1994. "I expect Brothers of Italy to be attractive to Forza Italia members," Lorenzo De Sio, a politics professor at LUISS University in Rome, said. The relationship between Berlusconi and Meloni repeatedly came under strain since they won general elections together last year. That triggered a long process which ended up in a merger between Forza Italia and MSI's heir Alleanza Nazionale in a single party. Althea Spinozzi, fixed income strategist at Saxo Bank, said the risk associated with investing in Italy can decrease with a downsized Forza Italia.
Persons: Marina, Silvio Berlusconi, Giorgia Meloni, Berlusconi, Matteo Salvini's, Meloni's, Giuliano Cazzola, Lorenzo De, Meloni, Alleanza, Brothers, Sergio Mattarella, Yara, Eugenio Pizzimenti, Antonio Tajani, Pizzimenti, Althea Spinozzi, Marina Berlusconi, Angelo Amante, Giuseppe Fonte, Antonella Cinelli, Angus MacSwan Organizations: Forza Italia, Media, Matteo Salvini's League, Forza Italia's, Forza, Reuters, Analysts, LUISS University, Italian Social Movement, Berlusconi's, Alleanza Nazionale, REUTERS, Pisa University, Union, Saxo Bank, Meloni, Thomson Locations: ROME, Italy, Rome, Ukraine, Brussels
Rome and Pisa CNN —Silvio Berlusconi, the former Italian prime minister, has been admitted to a hospital in Milan, his spokesman has told CNN. Berlusconi’s latest stay at the San Raffaele hospital comes ahead of a big meeting of his party planned for Saturday. The 86-year-old leader of the Forza Italia party was released from his last stint in hospital on May 19 after a 45 day stay for a lung infection. In a statement on Friday, the hospital said Berlusconi was there for “scheduled examinations related to his known hematological pathology.”Berlusconi has previously been diagnosed with leukemia and was hospitalized in April with breathing problems. He made a return to frontline politics in 2022 when he won a seat in Italy’s Senate, representing the northern municipality of Monza.
Persons: Pisa CNN — Silvio Berlusconi, Berlusconi’s, San Raffaele, Berlusconi, ” Berlusconi, Organizations: Pisa CNN, CNN, San, Forza Italia Locations: Rome, Pisa, Milan, Italy’s Senate, Monza
Banks typically sold these perpetual bonds - known as AT1 bonds - with five years before an option to repay was triggered. In the past, investors got their money back, and banks replaced the bonds with new ones, but some are changing tack. The banks' actions show how the wipeout of billions of dollars of Credit Suisse AT1 bonds still reverberates around this market, which is estimated at roughly $275 billion. "The AT1 market is splitting," said Alessandro Cameroni, a portfolio manager at asset manager Lemanik. SHOCK ABSORBERThe AT1 bonds were designed to help banks absorb losses, and they count towards their capital buffers.
Persons: Kai Pfaffenbach, Banks, Alessandro Cameroni, Lemanik, Peter Harvey, Federated Hermes, Italy's, Morgan Stanley, Karsten Junius, J . Safra Sarasin, Chiara Elisei, Carlo Giovanni Boffa, Jane Merriman Organizations: REUTERS, Suisse, Raiffeisen Bank, Reuters, Deutsche, Aareal Bank, Credit Suisse, Investors, Federated, Lloyds, Societe Generale, UBS, Santander, J ., Thomson Locations: Frankfurt, Germany, Ukraine, Swiss, Schroders, Russia
LONDON, May 17 (Reuters) - Holders of credit insurance linked to Credit Suisse (CSGN.S) bonds will not get a payout after a committee that adjudicates on disputes in the derivatives market said on Wednesday the bank's state-engineered merger with UBS did not constitute a credit event. The CDDC said it had come to the conclusion following an examination of the ranking clauses for the AT1 bonds listed in the request made by the investor. The investor said the AT1 bonds were pari passu, in other words ranking at the same level, with the reference bond underlying the CDS contracts, which included a subordinated bond that matured in 2020. A panel of eleven finance companies, including Barclays, Citibank, Deutsche Bank and Goldman Sachs as well as Elliot Investment Management and PIMCO came to a unanimous decision, the CDDC statement said. Credit Suisse, which is still listed as a member of the EMEA CDDC on the group's website, was not listed as having taken part in the decision.
There are some signs that the broader $275 billion AT1 market is recovering. Reuters GraphicsLast month, Japan's Sumitomo Mitsui Financial Group (8316.T) was the first major global bank to sell AT1s since the March rout. With time, analysts expect UBS to sell AT1s aplenty to meet its capital requirements. It has a 700 million Singapore dollar ($755 million) AT1 bond repayable in November followed by a heftier $2.5 billion bond in January. RATINGS GAMEInvestor appetite for a UBS AT1 could also hinge on its future credit profile.
Italians judge Spanish pizzeria as the best in Europe
  + stars: | 2023-05-04 | by ( Julia Buckley | ) edition.cnn.com   time to read: +6 min
Enter 50 Top Pizza, an international guide run by Italians that produces a series of annual rankings rewarding some of the best pizzerias on the planet. The 2023 European list has just been published – and, according to 1,000 anonymous “inspectors” across the continent, the best pizza in Europe is in… Spain. The entity – a pizza guide, which has been ranking restaurants since 2017 – has separate listings for the 50 best pizzerias in the cradle of pizza. The best pizza was judged to be Panatieri's "Salsa de tomates cherry asados, mozzarella y holandesa de albahaca." Today this is not the case.”As for the Italy rankings, they will be revealed in Rome on July 12.
Nearly 200 ancient Roman coins found in Italy
  + stars: | 2023-05-01 | by ( Taylor Nicioli | ) edition.cnn.com   time to read: +3 min
Upon closer inspection and excavation, researchers determined that the find included 175 silver Roman denarii coins. Nearly all were in good condition, making this one of the few hoards of ancient coins found intact, according to the group. The coins were dated to 157 or 156 BC, and the latest up to 83 or 82 BC. Almost all 175 coins were intact and in good condition, except for two that were fragmented but can be restored. “It is one of the very few hoards of ancient coins found intact and provides a lot of numismatic, historical and social information,” Alderighi said.
Nemo’s Garden uses hydroponics – a technique that uses water-based nutrients instead of soil, the same method used in most indoor vertical farms. Studies ranging in nature from pharmaceutical to culinary have been conducted on Nemo’s Garden. “In our studies Nemo’s Garden has 58% more fish than the surrounding environment, so it has a repopulation effect,” he adds. Equipment inside Nemo's Garden is powered by renewable energy like solar panels and wind turbines. The team at Nemo’s Garden has plans for even bigger biospheres in the future, as well as other locations.
German specialised property lenders such as Aareal Bank (ARLG.DE), Deutsche Pfandbriefbank (PBBG.DE) and Berlin Hyp, have a bigger concentration of real estate exposure, analysts added. Blackstone (BX.N) recently blocked withdrawals from its $70 billion real estate income trust after facing a flurry of redemption requests. Open-ended real estate funds in Britain have also battled to meet strong demand for redemptions. In Europe, CRE exposure for smaller banks, more at risk of deposit flight, is estimated at under 30% of all loans, Capital Economics said. "On the other, real estate owners themselves are going to face quite material increase in costs."
The investors, who hold some Casino bonds maturing in 2026 and 2027, are seeking to move quickly before details of the tie-up are agreed, the sources added. Other debt being left out of the joint venture could have lower prospects to recover its full value. Casino does not require consent from bondholders to potentially push their holdings into the joint venture, according to two sources. Unrestricted status would allow the joint venture to potentially list on a stock exchange and receive capital from a third party. Casino and Teract said in a joint statement in March that discussions have already started with potential investors about providing the additional capital.
The most surprising appointment was that of the new Enel chief Flavio Cattaneo, a seasoned corporate manager who leaves his role as vice president of high-speed train operator Italo to lead the country's biggest utility. He leap-frogged Stefano Donnarumma, the current chief executive of power grid Terna (TRN.MI), widely seen as Meloni's first choice. Enel shares were down 4% on Thursday, with investors fretting over Cattaneo's lack of expertise in the renewable energy sector. Leading politicians in Meloni's right-wing coalition said this issue was a major stumbling block for Donnarumma, along with pressure from League chief Salvini, a strong supporter of Cattaneo. Besides concessions on Enel, Meloni kept a tight grip on the rest of the main appointments.
Ambitious buyers have the chance to own what's been dubbed the "wonkiest pub" in Britain. The Crooked House near Dudley has gone on the market at a guide price of just over $800,000. If you don't mind tilting your head a bit, The Crooked House could be the one for you. "This is a chance to own what has been called Britain's wonkiest pub and Britain's drunkest pub. A Marston's representative told The Times that The Crooked House was expected to remain as a pub under a new owner.
Archaeologists found the remains of a 5,000-year-old tavern in Iraq, CBS News reported. The site is known to be among the earliest urban centers of the Sumerian civilization. A primitive refrigerator and a recipe for beer were among items uncovered. Archaeologists also found a recipe for ancient beer at the site, CBS News reported. Pittman told AFP the archaeologists also found a refrigerator, as well as "hundreds of vessels ready to be served" and "benches where people would sit."
An astronomer's animation reveals how far the average person could throw a ball on different worlds. On Pluto, your baseball could clear the Great Pyramid of Giza. Watch a ball throw on each planet in our solar system, plus Pluto and the moon, below. At just two-thirds the diameter of our moon, Pluto has such weak gravity that your baseball could clear the 455-foot-tall Great Pyramid of Giza — with room to spare. The video plays out in "real time," showing how long each ball throw would take, O'Donoghue said.
Italian Foreign Minister Luigi Di Maio listens to the opening remarks of Indonesian Foreign Minister Retno Marsudi during the opening session of the G20 Foreign Ministers' Meeting in Nusa Dua, Bali, Indonesia July 8, 2022. They picked unknown lawyer Giuseppe Conte as their prime minister, a compromise figure widely seen as a puppet, and installed themselves as his two deputies to dictate policy. In the last four years Di Maio gradually shed all his populist ardour, serving as deputy premier, labour minister, industry minister and foreign minister before eventually quitting 5-Star to form his own centrist party. Eugenio Pizzimenti, politics professor at Pisa University, said that unlike the more charismatic Salvini, Di Maio's support was strongly dependent on that of his party. ECLIPSED BY MELONISalvini's popularity soared during his government with Di Maio, which he brought down after 14 months in a failed bid to become prime minister.
Partidul Puterea Oamenilor vrea să fie vocea copiilor în următorul ParlamentPartidul Puterea Oamenilor, condus de fostul primar interimar al capitalei, Ruslan Codreanu, susține că va lupta pentru ca banul să urmeze copilul. „Vom construi grădinițe noi, vom exclude plățile ilegale, vom avea grijă de cadrele didactice care au fost lăsate în voia sorții și vom aduce serviciile medicale mai aproape de părinți”, promit cei de la Puterea Oamenilor, transmite IPN. Partidul Puterea Oamenilor vrea să soluționeze toate problemele copiilor și vrea să fie vocea copiilor în următorul Parlament al Republicii Moldova”, se menționează într-un comunicat de presă al formațiunii. Reprezentanții partidului susțin că în anul 2021, 23 de mii de copii nu au acces la un dispozitiv tehnic. Alte obiective enunțate sunt modernizarea curriculumului național, modernizarea învățământului vocațional, profesional și tehnic, dar și digitalizarea integrată a procesului de învățare.
Persons: Ruslan Codreanu Organizations: Partidul Puterea Locations: Republica Moldova, Republicii Moldova, PISA
Muzeul Național de Istorie a Moldovei vă invită la vernisarea expoziției „Cartând Marea Neagră (Marea Neagră în cartografia europeană)”. Expoziția va fi prezentată la Muzeul Național de Istorie a Moldovei în perioada 18-30 iunie 2021. Cea mai veche dovadă cartografică a coastei Mării Negre din antichitate este o hartă a Mării Negre, realizată pe piele, care cuprinde perioada anilor 230-240 d.Hr. Abraham Ortelius a fost printre primii europeni care au creat hărți istorice, inclusiv una a Mării Negre. Partenerii proiectului sunt: Municipiul Nessebar, Muzeul de Istorie Națională și Arheologie Constanța și Muzeul Național de Istorie a Moldovei.
Persons: Moldovei, Petrus Vesconte, Abraham Ortelius, Nicolas, Guillaume Sanson, Guillaume, Johann Baptist Homann, Isaak Tirion, Johann van der Organizations: Istorie, Uniunea Europeană, Arheologie Locations: Negre, Mării Negre, Dura, Siria, Veneția, Genova, Ancona, Amalfi, Angelino, Mallorca, Pisa, Mării, Municipiul, Arheologie Constanța
(studiu) Moldova se află în subsolul clasamentului la capitolul competitivitatea sectorului TIC. Ce salarii se achită în acest sectorRepublica Moldova se află pe ultimul loc (23) în clasamentul competitivității sectorului TIC din Europa Centrală și de Est, potrivit analizei Emerging Europe. Rezultatele au fost calculate în baza a trei componente: disponibilitatea resurselor umane, nivelul de dezvoltare al sectorului și climatul de afaceri din țară. Federația Rusă nu a fost inclusă în studiu. Cu toate acestea, în pofida progreselor înregistrate, industria TIC din Moldova rămâne în continuare în urma restului Europei la majoritatea indicatorilor.
Organizations: Federația Rusă Locations: Moldova, Republica Moldova, Europa Centrală, Est, Polonia, România, Ucraina, Europei, străinătate
O fetiță de numai 40 de zile a ajuns într-un spital din Italia în comă. Medicii au găsit în analizele bebelușului urme de metadonă și cocaină. Ajunsă în comă în urma unui stop respirator la spital, în analizele fetiței de numai 40 de zile s-au găsit metadonă și cocaină, conform La Stampa. Copilul a ajuns la spitalul din Lucca, adus de părinți, pe 11 martie și a fost apoi transferată la Pisa. Fetița, încă internată în spital, a fost și intubată într-o primă fază.
Persons: . Copilul Organizations: mediafax Locations: Italia, Lucca, Pisa
Fundația Soros Moldova a organizat un concurs de burse individuale în domeniul politicilor educaționale pentru tineri cercetători, preocupați de tematica educațională. Drept urmare, au fost desemnate patru câștigătoare, care au obținut burse pentru realizarea proiectelor de cercetare în domeniul politicilor educaționale, elaborate în baza datelor PISA 2018. Rezultatele acestor cercetări vor fi prezentate în cadrul conferinței online „Ce învățăminte putem trage din evaluările PISA pentru a spori calitatea educației”, care va avea loc în data de 10 noiembrie, începând cu ora 14.00. În acest context Fundația Soros Moldova a anunțat un concurs de burse individuale în domeniul politicilor educaționale pentru tineri cercetători, preocupați de tematica educațională. Prin această inițiativă, Fundația își dorește să contribuie la creșterea capacităților în sectorul educațional și calității analizelor realizate în domeniul politicilor educaționale.
Persons: Viorica, Veronica, Gabriel Bădescu Organizations: Soros Moldova, Republica, Studenților, Organizația, OECD, Educației, Universitatea Babeș - Bolyai, Facebook, Fundației Soros Moldova Locations: PISA, Republica Moldova, Cluj - Napoca
De Ziua Internațională de Conștientizare a Autismului, #diez a selectat 5 filme ce te vor ajuta să înțelegi mai bine ce este autismul. Oamenii beau apă, ceai. Oamenii beau cafea. Oamenii beau compot. Beau lapte, beau mare, beau chefir.
Persons: Dustin Hoffman, Oskar, Asperger, Sandra Bullock, Tom Hanks, Mozart, Isabelle, Donald, Temple, Anton tut ryadom, Anton tut, Anton Kharitonov, Totul, Arkus, Liubov, Împușcă, Roșcați Organizations: Internațională, Golden Globes, Times, Fanta Locations: Autismul, New York, zângănind, limonadă
(video) Un tânăr a stabilit un nou record mondial
  + stars: | 2015-08-23 | by ( Onixmedia Srl | ) diez.md   time to read: 1 min
(video) Un tânăr a stabilit un nou record mondial – o săritură în apă de la 60 de metri înălțimeElvețianul Laso Schaller a stabilit recent un nou record mondial. Dânsul a plonjat în apă de la înălțimea de 58,8 metri. Tânărul în vârstă de 27 de ani obișnuia anterior să sară de la 25, 30 și 35 de metri, dar iată că de această dată a ales o înălțime mai mare chiar și decât renumitul Turn din Pisa, Italia, care are 56,71 metri. Săritura a durat 3,58 secunde, iar intrarea în apă s-a făcut cu o viteză de aproximativ 123 de kilometri pe oră. Vezi cum a fost această săritură riscantă:
Persons: Schaller Locations: Pisa, Italia
(foto) Cele mai misterioase întrebări de la începutul sezonului XIII de IQuiz[RO]Serile de trivia quiz în limba română - IQuiz[RO] - a celor de la City Quest au deschis deja al XIII-lea sezon. Te invităm să îți încerci cunoștințele cu niște întrebări interesante de la primele două etape. Jocurile au loc în fiece marți, la „Pizza Celentano” din sectorul Ciocana al capitalei. #diez a ales câteva din cele mai interesante întrebări de la IQuiz[RO]-142 și 143. Clint Eastwood#diez și echipa City Quest te așteaptă și marțea viitoare la o seară intelectuală de quiz.
Persons: Clint Eastwood Organizations: Quest, Greenwich, Taj, City Quest Locations: Pisa, Elveția
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