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☆ How Berlusconi got his billions
▼ + stars: | 2023-06-12 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN —Silvio Berlusconi, the billionaire former prime minister of Italy, died Monday, leaving behind a sprawling business empire. It was through Fininvest that Berlusconi acquired big stakes in some of Europe’s major media firms, as well as AC Milan. Berlusconi owned a 61.3% stake in the holding company at the end of 2021, Reuters has reported. AC Milan players won the Italian championship in 1988 when Silvio Berlusconi was the club's president. Marina Berlusconi, left, Pier Silvio Berlusconi, center, and Mrs. Rosa, Silvio Berlusconi's mother, photograhed in 1998 Luca Bruno/AP/FILEPier Silvio, 53, is the chief executive of MediaForEurope.

Persons: London CNN — Silvio Berlusconi, Berlusconi, Silvio Berlusconi, Ferdinando Meazza, MediaForEurope —, Fininvest, ”, Marina, Marina Berlusconi, Pier Silvio Berlusconi, Rosa, Silvio Berlusconi's, photograhed, Luca Bruno, Silvio, — Niamh Kennedy, Sammy Mncwabe Organizations: London CNN, AC Milan, Bloomberg, Media, Milan, Reuters, Mondadori, Italy’s, Prosecutors, Mediaset Locations: Italy, Fininvest, MediaForEurope, Spain, Germany’s ProSiebenSat, Milan

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

MILAN, June 12 (Reuters) - Silvio Berlusconi, the billionaire media mogul and former Italian prime minister who transformed the nation's politics with polarising policies and often alarmed his allies with his brazen remarks, died on Monday aged 86. Berlusconi, Italy's longest-serving premier who counted Russian President Vladimir Putin as a friend and gained notoriety for his "bunga bunga" sex parties, had suffered from leukaemia and recently developed a lung infection. Berlusconi's Forza Italia party is part of Prime Minister Giorgia Meloni's right-wing coalition, and although he himself did not have a role in government, his death is likely to destabilise Italian politics in the coming months. Farewell Silvio," Italian Prime Minister Giorgia Meloni said. After building a television empire in the 1980s, Berlusconi threw himself into politics in 1994 and almost immediately became prime minister.

Persons: Silvio Berlusconi, Berlusconi, Italy's, Vladimir Putin, Paolo, ANSA, Giorgia Meloni's, Marina, Silvio, Giorgia Meloni, Enrico Letta, Putin, Emilio Parodi, Elvira Pollina, Alvise Armellini, Edmund Blair Organizations: MILAN, Berlusconi's Forza Italia, Twitter, Milan bourse, Forza Italia, Monza, Serie, Thomson Locations: San Raffaele, Milan, Italy, Italian, Ukraine, Moscow, Kyiv

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

☆ Italy's former PM Berlusconi in hospital for leukaemia scheduled checks
▼ + stars: | 2023-06-09 | by ( Giulio Piovaccari | ) www.reuters.com time to read: +3 min

Berlusconi, 86, left San Raffaele Hospital last month after six weeks of treatment for a lung infection linked to a chronic myelomonocytic leukaemia, a type of cancer that affects the white blood cells. "Silvio Berlusconi is currently at the San Raffaele Hospital to undergo scheduled tests in connection with his known hematological pathology," the San Raffaele hospital bulletin signed by doctors Alberto Zangrillo and Fabio Ciceri said. Berlusconi served as prime minister in 1994-1995, 2001-2006 and 2008-2011 and although he does not have a direct role in government, his Forza Italia party is a member of Prime Minister Giorgia Meloni's right-wing coalition. A source from Forza Italia said Berlusconi might spend the night in hospital, after local media reports that he would stay there overnight. "Come on, Silvio," Deputy Prime Minister Matteo Salvini, one of Berlusconi's main political allies, wrote in an Instagram post, commenting on the news of Berlusconi's hospitalisation.

Persons: Silvio Berlusconi, Berlusconi, Alberto Zangrillo, Fabio Ciceri, Giorgia Meloni's, Matteo Salvini, Berlusconi's, Salvini, Angelo Amante, Emilio Parodi, Federico Maccioni, Stefano Bernabei, Toby Chopra, Nick Macfie, William Maclean Organizations: MILAN, Italian, San Raffaele, Forza Italia, Saturday, Salvini's League, Thomson Locations: Milan, Raffaele

☆ Brazil's Moreira Salles family launch bid for Alpargatas shares
▼ + stars: | 2023-05-22 | by ( ) www.reuters.com time to read: +1 min

SAO PAULO, May 22 (Reuters) - An investment firm backed by Brazil's Moreira Salles family has decided to launch a tender offer to buy an additional stake in Alpargatas SA (ALPA4.SA), the shoemaker said on Monday, driving its shares higher. MS Alpa is controlled by the owners of holding firm Cambuhy and investment fund Alpa, linked to the billionaire Moreira Salles family, which are already part of Alpargatas' control block with a total stake of about 28%. Other major shareholders in the company include investment firm Itausa SA (ITSA4.SA) and Silvio Tini. Shares in Alpargatas, which were down roughly 40% so far this year, jumped more than 17% after the announcement, their second largest daily rise in the last two years, as market participants praised the offer. ($1 = 5.0033 reais)Reporting by Gabriel Araujo; Editing by Steven GrattanOur Standards: The Thomson Reuters Trust Principles.

☆ Berlusconi says his 'nightmare is over' after 6-week hospital stay
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +2 min

"We'll wait for you on the field to fight many battles together," Prime Minister Giorgia Meloni - whose coalition includes Berlusconi's Forza Italia party - wrote on Twitter, welcoming her ally's discharge. Berlusconi served as prime minister in 1994-1995, 2001-2006 and 2008-2011. In more recent years, Berlusconi's health markedly deteriorated, with open-heart surgery in 2016 and numerous hospital admissions since contracting COVID-19 three years ago. During his latest hospitalisation, Berlusconi remained politically active, appearing in two video messages this month in which he looked frail but insisted he was ready to return to work. There is no designated heir to replace Berlusconi at the helm of Forza Italia, and it is far from clear if the party can stick together without his leadership.

☆ Executive’s Russian Ties Cause Stir at Italian Energy Company
▼ + stars: | 2023-05-10 | by ( Margherita Stancati | Anna Hirtenstein | ) www.wsj.com time to read: 1 min

Paolo Scaroni has previously served as chief executive officer of both Enel and Eni. Photo: Italy Photo Press/Zuma PressROME—New executives were appointed to top roles in Italy’s leading energy companies on Wednesday, despite fierce opposition from some foreign investors who had challenged the picks made by the firms’ main shareholder, the Italian government. The most controversial appointment is that of Paolo Scaroni as chairman of Enel , the state-controlled utility company. The nomination of Mr. Scaroni, an energy-industry veteran and ally of former Italian prime minister Silvio Berlusconi , drew sharp criticism because of his history of close business dealings with Russia.

☆ The New A.C. Milan Picks Up Where the Old One Left Off
▼ + stars: | 2023-05-08 | by ( Rory Smith | ) www.nytimes.com time to read: +1 min

“This club is used to these moments, these emotions. It knows how to be a protagonist.”For Milan, this is the stage on which it belongs. The clubs have been here before: They were paired together in the semifinals in 2003, and again in the quarterfinals in 2007. And yet the rivalry’s return is not testament to how little has changed, but how much. It was still, recognizably, the team that Silvio Berlusconi had built, the fruits of the first modern superclub: experienced, authoritative, impossibly glamorous.

☆ Where the royal family goes in London, from Indian restaurants to theme parks
▼ + stars: | 2023-05-02 | by ( Julia Buckley | ) edition.cnn.com time to read: +13 min

Well, they’re not, obviously – but sometimes they do put down their tiaras, leave their palaces and join the hoi polloi at restaurants, bars and even theme parks. He once called Brilliant Restaurant in Southall, west London his favorite Indian restaurant – and Gordon Ramsay is also a fan. Stuart C. Wilson/Getty ImagesBack in the noughties, party Prince Harry was a regular at Mahiki, a Tiki-themed bar-club-restaurant in Mayfair. Simon Dack/AlamyIn his memoir “Spare,” Prince Harry wrote about popping out to shop for clothes at T.K. Toby Melville/Getty ImagesThe-then Meghan Markle was apparently spied In the heart of Chelsea while she was engaged to Prince Harry, getting a facial from Sarah Chapman.

☆ World's longest bridge could transform Sicily. But not if the Mafia and earthquakes get in the way
▼ + stars: | 2023-04-30 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +9 min

Since then, various plans, including a short-lived idea for a tunnel, have come and gone – like water under the bridge. If built, the bridge across the Straits of Messina would span two miles (3.2 kilometers) and would be the longest suspension bridge in the world. When Salvini became transport minister, he made it his priority, betting his legacy on the bridge. “The bridge over the Strait of Messina is a project that can break ground immediately. The recent arrest of Cosa Nostra boss Matteo Messina Denaro after 30 years on the lam in Sicily represented a victory.

From the 15th to the 19th century, 6 million Africans were kidnapped and forcibly transported across the Atlantic by Portuguese vessels and sold into slavery, primarily to Brazil. But so far Portugal has rarely commented on its past and little is taught about its role in slavery in schools. Reparations and public policies to fight inequalities caused by Portugal's past were essential, Cardoso said. "We continue to suffer in Brazil the effects of a legacy of slavery," Almeida said in a statement. Europe's top human rights group previously said Portugal had do more to confront its colonial past and role in the transatlantic slave trade in order to help fight racism and discrimination today.

☆ Giorgia Meloni: Will Italy's PM stop the boats or will the boats stop her?
▼ + stars: | 2023-04-23 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +6 min

Rome CNN —The key campaign promise that brought Giorgia Meloni and her far-right coalition to power in a landslide victory in last September’s election was a vow to do what no one else had done before: stop migrant boats using Italy as a gateway into Europe. On the campaign trail she promised to halt all migrant boats from landing on Italian shores, no matter who was on them and what drove them to risk their lives. Liberal European leaders stood to gain from the prospect of Meloni’s promise to stop the boats, and many hoped she could pull it off. He says to most Italians, the migrant crisis is still something they hear about, not something that impacts them directly. Meloni has taken tough action over migrant boats since taking power but faces fierce opposition.

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.

☆ Italy's Berlusconi health conditions steadily improving, his doctors say
▼ + stars: | 2023-04-10 | by ( ) www.reuters.com time to read: +1 min

[1/2] Former Italian Prime Minister and leader of the Forza Italia (Go Italy!) party Silvio Berlusconi attends a rally in Rome, Italy, April 9, 2022. REUTERS/Remo CasilliMILAN, April 10 (Reuters) - Former Italian Prime Minister Silvio Berlusconi's health condition is steadily improving as he is treated in hospital for a lung infection caused by chronic leukaemia, his doctors said on Monday. Doctors later revealed that Berlusconi had been suffering from Chronic Myelomonocytic Leukaemia (CML) "for some time" and that he had recently developed a pulmonary infection. "Cytoreductive, antimicrobial and anti-inflammatory therapies are producing the expected results, allowing us to express a cautious optimism," Zangrillo and Ciceri said.

[1/5] A supporter of former Italian Prime Minister Silvio Berlusconi stands near the 'San Raffaele' hospital, where former Italian Prime Minister is hospitalised, in Milan, Italy, April 7, 2023. REUTERS/Claudia GrecoMILAN, April 7 (Reuters) - Former Italian Prime Minister Silvio Berlusconi is "better than he was", his friend Fedele Confalonieri said on Friday after visiting him in hospital, where he is being treated for a lung infection caused by chronic leukaemia. "I'm sure he'll make it because he's a strong man, and because he's the best prime minister we've had in Italy. A friend of Berlusconi, Vittorio Sgarbi, said before he went into hospital the two had discussed his future. Berlusconi's Forza Italia party is part of Prime Minister Giorgia Meloni's right-wing coalition, although he does not have a direct role in her government.

☆ Italy's Berlusconi spends second night in hospital, friends hopeful
▼ + stars: | 2023-04-07 | by ( ) www.reuters.com time to read: +1 min

MILAN, April 7 (Reuters) - Former Italian Prime Minister Silvio Berlusconi spent a second night calmly in the intensive care unit of Milan's San Raffaele hospital and is reacting positively to treatment, Foreign Minister Antonio Tajani said on Friday. He has suffered from chronic blood cancer for some time and is in intensive care for a lung infection, his doctors said on Thursday. "(Zangrillo) told me he had a good sleep, that he is under intensive care and is reacting positively to the treatment," Tajani said. Berlusconi's Forza Italia party is part of Prime Minister Giorgia Meloni's right-wing coalition, though he does not have a direct role in her government. Meloni and Deputy Prime Minister Matteo Salvini said on Thursday they had spoken to Berlusconi by telephone.

☆ Italy's Berlusconi has leukaemia, is suffering from lung infection
▼ + stars: | 2023-04-06 | by ( ) www.cnbc.com time to read: 1 min

Former Italian Prime Minister Silvio Berlusconi has been suffering from a type of chronic blood cancer for some time and is currently in intensive care for a lung infection, his doctors said on Thursday. The doctors said in a statement that Berlusconi had Chronic Myelomonocytic Leukaemia, adding that it was not acute. "President Silvio Berlusconi is currently in intensive care for the treatment of a lung infection," the statement said, adding that the illness was related to the cancer.

☆ Italy ex-premier Berlusconi has leukaemia, source says
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +1 min

[1/2] Forza Italia leader and former Prime Minister Silvio Berlusconi attends a session of the upper house of parliament ahead of a confidence vote for the new government, in Rome, Italy, October 26, 2022. REUTERS/Guglielmo MangiapaneMILAN, April 6 (Reuters) - Four-times Italian prime minister Silvio Berlusconi has been diagnosed with leukaemia, a source close to the matter said on Thursday. The source confirmed a report by the Corriere della Sera daily. The 86-year-old Berlusconi has been treated in intensive care since Wednesday in a cardiac unit of Milan's San Raffaele hospital, after suffering breathing problems. Reporting by Milan newsroom, editing by Alvise ArmelliniOur Standards: The Thomson Reuters Trust Principles.

☆ Former Italian PM Berlusconi in intensive care in hospital -source
▼ + stars: | 2023-04-05 | by ( ) www.reuters.com time to read: 1 min

MILAN, April 5 (Reuters) - Former Italian Prime Minister Silvio Berlusconi is in intensive care in a Milan hospital, a political source told Reuters on Wednesday. The billionaire media tycoon and four-times premier has suffered repeated bouts of ill-health in recent years and came out of hospital just last week. Reporting by Angelo Amante, writing by Gavin Jones, editing by Crispian BalmerOur Standards: The Thomson Reuters Trust Principles.

☆ Former Italian PM Berlusconi in intensive care in hospital
▼ + stars: | 2023-04-05 | by ( Federico Maccioni Angelo Amante | Angelo Amante | ) www.reuters.com time to read: +2 min

[1/2] Forza Italia leader and former Prime Minister Silvio Berlusconi looks on following a meeting with Italian President Sergio Mattarella at the Quirinale Palace in Rome, Italy October 21, 2022. REUTERS/Yara NardiMILAN, April 5 (Reuters) - Silvio Berlusconi, who was Italian prime minister four times, is in intensive care in a cardiac unit at Milan's San Raffaele Hospital, political sources said on Wednesday. Berlusconi's Forza Italia party is part of Prime Minister Giorgia Meloni's right-wing coalition although he does not have a role in government. Three sources from Berlusconi's Forza Italia party said he was in intensive care, and one of them confirmed Italian media reports that he was being treated in a cardiac unit. An Italian court acquitted Berlusconi in February over allegations of paying witnesses to lie in an underage prostitution case that has dogged the former prime minister for more than a decade.

☆ Around the world, charges are no barrier to high office
▼ + stars: | 2023-04-04 | by ( Caolán Magee | ) edition.cnn.com time to read: +6 min

But charges have often not been a barrier to holding political office. Israel’s Benjamin NetanyahuIsraeli Prime Minister Benjamin Netanyahu in Berlin, March 16, 2023. The prime minister is also currently facing a corruption trial, on charges of fraud, bribery and breach of trust. Lula has called the charges a “farce,” claiming the charges were politically motivated. Angelo Carconi/Associated PressThe flamboyant Italian tycoon was a serial prime minister until standing down in 2011.

Persons: Donald Trump, Israel’s Benjamin Netanyahu, Benjamin Netanyahu, Sean Gallup, Netanyahu, Israel’s, Brazil’s Luiz Inácio Lula da Silva, Luiz Inácio Lula Da Silva, Ulysses Guimarães, Andressa Anholete, Lula, Jair Bolsonaro, Argentina’s Cristina Fernández de Kirchner, Cristina Fernández de Kirchner, Luis Robayo, Fernández de Kirchner, ”, Malaysia’s Anwar Ibrahim Malaysia's, Anwar Ibrahim, Arif Kartono, Anwar, –, Italy’s Silvio Berlusconi Silvio Berlusconi, Angelo Carconi, Berlusconi Organizations: CNN, Trump, Brazil’s Luiz Inácio Lula da Silva Brazilian, Centro de, Petrobras, Getty, Alliance of Hope, Associated, Italy’s Senate Locations: Israel’s Benjamin Netanyahu Israeli, Berlin, Brasilia, Brazil, America, La Plata, Argentina, AFP, Permatang, Malaysia's Penang, Malaysian, Malaysia, Rome, Italy, Italy’s

☆ Trump and his sons say his indictment makes the US like a 'third world' country, but plenty of other democracies have prosecuted ex-leaders
▼ + stars: | 2023-03-31 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +5 min

Trump and his sons are decrying his indictment as a sign the US is now a "third world" country. But other democracies across the world have prosecuted, convicted, and even jailed former leaders. Trump's sons offered similar takes, portraying the charges against the former president as a political attack orchestrated by his opponents. Trump is the first former US president to be criminally charged, and his indictment comes amid a period of historic political polarization. The researchers said that in "mature democracies, prosecutions can hold leaders accountable and solidify the rule of law."

☆ 'Can't get their act together': Crypto firms slam SEC, Washington for lack of clarity on rules
▼ + stars: | 2023-03-24 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

Joe Lubin, CEO of ConsenSys and co-founder of Ethereum, told CNBC Thursday that he thought the ecosystem was "generally frustrated." And it's a little bit, you know, sort of a frustrating thing to observe," Nicolas Cary, president of Blockchain.com, told CNBC on Thursday. "I find the talking point that there's a lack of clarity in the securities laws unpersuasive," Gensler said. "Some crypto companies might message that the laws are unclear rather than admitting that their platforms don't have sufficient investor protection." watch nowHe laid out instances where crypto firms come under existing securities laws, such as when a company offers lending products.

☆ Italy's own version of Alexandria Ocasio-Cortez is shaking up politics in Rome
▼ + stars: | 2023-03-13 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

Italy has a new face in its national politics that's being compared to Rep. Alexandria Ocasio-Cortez, the popular Democrat lawmaker stateside. Elly Schlein was elected as the center-left party Partito Democratico (PD) leader earlier this month — the first female to get the job. Earlier in her political career, she volunteered in the 2008 Obama campaign, when Barack Obama faced off against John McCain. But the picture might be changing, with Rome electing the first female prime minister, Giorgia Meloni, in October. Giorgia Meloni and Elly Schlein are emblematic of that change," he added.

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