Analysts believe the outcome of the ballot on constitutional reform could have massive global implications.
With many European leaders already coming under severe pressure from anti-EU parties ahead of elections next year the significance of the Italian result is huge.
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The hilltop medieval village of Riace on Italy’s south coast was almost a ghost town 15 years ago. Houses were derelict and the local school was near to closing.
The village was in danger of becoming extinct as residents disappeared to northern Italy, and abroad, for jobs during the economic boom.
Read the Full Article: Source – BBC News
Time For Truth: (BBC News) – Riace: The Italian village abandoned by locals, adopted by migrants
A popular Italian chef has come under fire after he likened vegans to members of a sect and claimed he would “kill them all” during a TV cooking show.
Gianfranco Vissani, the chef and restaurateur, made the comments during a discussion on cooking programme In Onda about molecular gastronomy, The Local reports.
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This was largely ignored by the “experts” because why bring attention to something which is fundamentally a devastating break in the narrative that “Europe is fine” and the financial crisis is now contained.
Fast forward to today when Europe is once again not fine, only this time one can’t blame Europe’s problems on Greece (instead the same “experts” are trying to blame everything in Brexit), when in a surprising admission of reality, none other than Italy’s prime minister Matteo Renzi, “went there” and slammed Deutsche Bank as the true “derivative problem” facing Europe.
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The world’s oldest bank is in deep trouble.
Shares in Italy’s Banca Monte Dei Paschi Di Siena (BMDPF) have crashed 45% in 10 days, forcing regulators to temporarily ban short-selling in the stock. The bank has been given until Friday to come up with a plan to reduce its bad loans by 40% by 2018.
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