| Italy adopts fashion code of conduct | | Posted Sunday, December 24, 2006 3:14:02 PM by Blog57 Team | | ROME -- Italy was once famed for the sultry, full-bodied beauties it contributed to the international scene. A month after the death of an anorexic Brazilian model, the government teamed up with the fashion industry Friday to promote a "healthy, sunny, generous, Mediterranean model of beauty." .... | |
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| | | Saudi, Italy to Sign Deal on Double Taxation | | Posted Monday, November 06, 2006 7:24:03 AM by Blog57 Team | | RIYADH, 6 November 2006 -- Italian Ambassador Eugenio d'Auria said yesterday that Italy and Saudi Arabia are to sign soon an agreement that permits to avoid double taxation among businessmen in both countries. "That means that goods or products which have been taxed in Saudi Arabia would not be taxed in Italy and vice versa," the envoy told a press conference at the Italian Embassy on the occasion of the visit of a four-member delegation from the furniture sector in Italy. With the signing of the accord, the prices of furniture and other products from Italy in the Kingdom and other parts of the GCC would drop. At the press conference, the delegation said that the prices of Italian furniture are relatively higher compared to those from the Far East because they are of high quality and last longer.... | |
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| | | Italy writes off € 57 m loan | | Posted Saturday, November 04, 2006 1:30:23 PM by Blog57 Team | | ISLAMABAD: Italy has waved off 57 million euros loan against Pakistan and the amount would be utilized on reconstruction and restoration of the quake-hit areas. The decision was taken in a meeting held between Minister of State for External Affairs, Khusro Bakhtiar and deputy Foreign Minister of Italy Giani Wanitty here at the Foreign Office on Friday. The two leaders signed two memorandum of understanding (MoU), one related to writing off the 57 million loan by Italian government and the second to culture, cooperation in science and technology, protocol and executive programme of culture, scientific and technological cooperation 2006-08. The two countries agreed on enhancing ties in trade, economy, defence and investment. There was also consensus between the two countries in war on terror, information sharing, reforms in UN Security Council and other regional and international issues.... | |
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| | | Italy's Terna Will Sell Brazilian Unit | | Posted Friday, October 27, 2006 11:11:25 AM by Blog57 Team | | Terna SpA, the owner of Italy's electricity network, said Thursday it will sell shares in its Brazilian unit at a price at the top end of the range in a transaction worth about euro206 million ($259.1 million). The company will sell shares for 21 Brazilian reais ($9.79; euro7.80) each, Terna said in a statement. In addition, the company increased the amount of stock it will sell to 26.53 million shares from 22.1 million, which represents about 30 percent of the business. Trading in the stock is expected to start Oct. 27 in Sao Paulo, Terna said. .... | |
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| | | Italy jumps three places to second in new FIFA rankings | | Posted Wednesday, October 18, 2006 11:09:02 PM by Blog57 Team | | World Cup winner Italy has climbed three places to second in FIFA's monthly world soccer rankings behind Brazil. Despite its July 9 triumph in Berlin, Italy slumped after Roberto Donadoni took over from World Cup winner Marcello Lippi. However, victories over Ukraine and Georgia in European Championship qualifying games have pushed the team up the rankings from fifth. .... | |
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| | | Football: Italy upbeat ahead of Georgia clash | | Posted Tuesday, October 10, 2006 3:04:52 AM by Blog57 Team | | TBILISI: Italy will go into a crunch Euro 2008 qualifying match against Georgia here on Wednesday with renewed confidence after claiming their first victory in Group B. The world champions beat Ukraine 2-0 last Saturday to revive a campaign which seemed to have stalled after taking just one point from their first two games against Lithuania and France. The win at the weekend left Italy on four points, two behind France and five behind leaders Scotland, who they still have to play at home and away. Italy coach Roberto Donadoni admitted the spirit of his players had been lifted by beating Ukraine, but warned against complacency. "Victories help when facing the next challenge, but it would be a big mistake for us to rest on our laurels," said Donadoni, who made 63 appearances for Italy and won three European Cups with AC Milan.... | |
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| | | Italy Premier Defends 2007 Budget Plan | | Posted Sunday, October 01, 2006 3:03:45 PM by Blog57 Team | | Premier Romano Prodi on Saturday defended his draft budget, rejecting criticism that it targeted the middle class and saying it would help narrow the gap between rich and poor in Italy. The budget, containing euro33.4 billion (US$42 billion) in spending cuts and tax hikes, represents a critical challenge faced by Prodi's 4 1/2-month-old government. It aims to slash the deficit to 2.8 percent of gross domestic product, in line with the EU's Stability and Growth Pact that underpins the euro currency. "It's a help for the weakest, because there was too much difference (in wealth) in this country," Prodi said, adding that it would also help boost Italy's economy. The premier overcame infighting with his government late Friday and got approval from the Cabinet at the end of a tense, 12-hour meeting.... | |
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| | | Italy and Libya strike preliminary deal on patrols | | Posted Thursday, September 14, 2006 1:24:01 PM by Blog57 Team | | Italy and Libya reached a preliminary agreement to control illegal immigration influxes, with Tripoli agreeing help Italian police halt illegal migrant efforts to reach Italy through Libya. According to adnkronosinternational a high official is expected to visit Italy in this regard in the upcoming days. Tripoli also agreed to host Italian investigators who will take part in Libya's coast patrols. Last week, Libya refused European patrol of Libyan territorial waters, proposed by European Commissioner for Justice and Security Franco Frattini. Furthermore, Libya's European Affairs Minister Abdulati Alobidi expressed criticism over Europes plans to stem illegal immigration, saying that hat Europe should stop criticizing Libya for being a jump-off point for illegal immigrants and help it patrol its land borders to stem the traffic.... | |
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| | | INTERVIEW - Dr Reddy's eyes firms in Italy, Spain | | Posted Wednesday, September 13, 2006 11:06:49 PM by Blog57 Team | | MUMBAI (Reuters) - Indian drug maker Dr. Reddy's Laboratories Ltd. is seeking acquisitions in Italy and Spain and will eye France next to expand in Europe, Chief Executive G.V. Prasad told Reuters on Wednesday. "We are building up those countries. We have started an office in Spain, we are in the process of setting up in Italy ... We are on the lookout," he said in an interview. Prasad said the company's acquisition of Betapharm this year placed it in a strong position in Germany, but revenue from the firm would be a little short of earlier estimates of $200 million for 2006/07 because of pricing pressure. "Revenue side may be slightly falling short because of the pricing pressure. That is a one, one-and-a-half year problem, I think." Prasad said he was upbeat about the company's key U.S.... | |
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| | | Mixed motives in Italy's peacekeeping role | | Posted Friday, September 01, 2006 5:11:02 PM by Blog57 Team | | With its first contingent of 800 peacekeeping troops due to reach Lebanon on Friday, Italy is basking in general international praise for its foreign policy that has few precedents since its emergence as a western democracy in the late 1940s. At home, however, there are misgivings about whether Italy's centre-left government is overplaying its hand and being less than frank about the full range of motives behind its unusually prominent role in the Lebanon crisis. "We are facing a scenario like that which led up to the outbreak of the first world war," said Daniele Capezzone of the radical Rose in the Fist party, a member of Italy's ruling coalition. The comment underlines the sense of anxiety about what Italy may be getting itself into. It is sending up to 3,000 troops under the UN flag to Lebanon and will next year replace France as commander of the mission, designed to keep the peace between Israel and Hizbollah guerrillas backed by Iran and Syria.... | |
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