By Jeffrey Dorfman, Contributor
The proponents of Keynesian-style deficit spending argue against austerity by claiming that it has failed in Europe. They point to the U.K., Italy, Greece, and onward, shouting that European government spending cuts have led to slow or negative growth and sky-high unemployment rates. The only problem with these arguments is that all the purported facts are misstated. …read more
Source: FULL ARTICLE at Forbes Latest
Silvio Berlusconi’s fate is hanging in the balance as Italy’s highest court deliberates his appeal of a tax fraud conviction and sentence of four years in jail and a five-year ban on political office. …read more
Source: FULL ARTICLE at Fox World News
Researchers in the U.S. have managed to spoof GPS (Global Positioning System) signals to send a yacht hundreds of meters off course, while fooling the crew into thinking the yacht was remaining perfectly on course.
The test, conducted last month off the coast of Italy, is one of the most sophisticated ever reported against GPS and represents several years of work by the team at the University of Texas at Austin.
GPS works by measuring signals received from satellites that orbit about 20,000 kilometers above the Earth. By knowing the location of each satellite and very accurately timing when the signals arrive, it’s possible to determine a receiver’s location to within a few meters.
To fool the yacht’s GPS system, the researchers needed to generate fake signals that were slightly different from the legitimate ones. In theory, the navigation system would accept the signals, but the result would be a location that wasn’t completely accurate.
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Source: FULL ARTICLE at PCWorld
By The Huffington Post News Editors
NEWARK, N.J. — Two stars of the “Real Housewives of New Jersey” were released on $500,000 bond each after making initial court appearances Tuesday on federal fraud charges.
Teresa Giudice and her husband, Giuseppe “Joe” Giudice, were ordered to surrender their passports and to confine their travels to New Jersey and New York. Joe Giudice could be deported to Italy if convicted because he is not a U.S. citizen.
Source: FULL ARTICLE at Huffington Post
Victims of one of Italy’s largest World War II massacres were remembered on Monday after as a former SS captain, who was sentenced to life in prison for his role in the attack, turned 100.
Source: FULL ARTICLE at Fox World News
Thousands attended a funeral Tuesday for the 38 victims of a coach crash in Italy as the country mourned the dead in one of Europe’s worst road accidents. …read more
Source: FULL ARTICLE at Fox World News
Silvio Berlusconi’s political fate is in the hands of Italy’s highest court, which is preparing to hear arguments in the former premier’s fraud conviction. …read more
Source: FULL ARTICLE at Fox World News
Prime Minister Enrico Letta will join bereaved relatives at a mass funeral Tuesday for the 38 people killed in Italy when a coach plunged off a viaduct near Naples. …read more
Source: FULL ARTICLE at Fox World News
By hnn
There has been a renewed call in Italy for one of the oldest surviving Nazi war criminals to repent.
It came on the eve of the 100th birthday of Erich Priebke, who has never expressed remorse for his part in a World War ll massacre at the Ardeatine Caves, on the outskirts of Rome.
The former SS officer is actually still in the Italian capital.
He lives under house arrest in what some in the city regard as conditions that are far too comfortable and lenient….
Source: FULL ARTICLE at History News Network – George Mason University
Silvio Berlusconi, the billionaire media baron and former premier, sometimes quipped that he was running out of money after two decades of steadily paying millions of euros (dollars) to a stable of Italy’s leading lawyers to defend him in a raft of criminal cases. …read more
Source: FULL ARTICLE at Fox World News
Would you like fries with that? An avid astrophotographer ordered up one mouth-watering image of the Hamburger Galaxy in this latest night sky photo. Alessandro Falesiedi captured this image from Italy. …read more
Source: FULL ARTICLE at Space.com
The Netherlands banking regulator has approved Amazon Web Services (AWS) for use by financial organizations, Amazon said on Monday.
This clears AWS cloud services for use across all areas of Dutch financial operations including websites, mobile applications, retail banking and credit risk analysis solutions, Amazon said. With the approval, Dutch banks join other financial organizations using AWS including Bankinter in Spain, Unicedit in Italy and the Commonwealth Bank of Australia, Amazon noted.
All levels of data storage and management on the AWS Cloud, as well as the use of technology that runs on top of AWS and is provided by third party vendors, are also included in the approval, Amazon added.
Financial organizations planning to use cloud computing need to first inform banking regulator De Nederlandsche Bank (DNB) and provide it with an opportunity to review a risk analysis, said DNB spokesman Remko Vellenga.
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Source: FULL ARTICLE at PCWorld
1874 – Major Walter Copton Wingfield patents a portable tennis court
1907 – 1st helicopter ascent in Douai, France
1957 – Jack Paar’s Tonight show premieres
1972 – France performs nuclear Test at Muruora Island
1974 – St Louis Card Lou Brock steals his 700th base
1990 – South Africa Communist Party begins 1st legal conference
1872 – Eric Alfred Knudsen, American folklorist (d. 1957)
1883 – Benito Mussolini, [Il Duce], Forli Kingdom of Italy, Fascist Italian dictator (1922-43), (d. 1945)
1909 – Georgy Mushel, composer
1911 – Foster Furcolo, 60th Governor of Massachusetts (d. 1995)
1957 – Nellie Kim, Shurab, Tajik SSR, Soviet gymnast (Olympic-3 golds-1976)
1968 – Kristen Babb-Sprague, California, US synchronized swimmer (Olympic-gold-92)
1030 – Olaf Haraldsson, King of Norway, dies in battle of Stiklestad
1825 – Micah Hawkins, composer, dies at 48
1922 – Edward Gailliard, Flemish language/archaeologist, dies at 81
1934 – Didier Pitre, French Canadian ice hockey player (b. 1883)
2003 – Foday Sankoh, Sierra Leonean rebel leader (b. 1937)
2007 – Tom Snyder, American television personality (b. 1936)
Source: FULL ARTICLE at HistoryOrb.Com – This Day in History
An Italian tour bus plowed through several cars before it crushed through a sidewall of a highway bridge and plunged into a ravine, killing at least 38 people, authorities said Monday.
Source: FULL ARTICLE at Fox World News
A tour bus filled with Italians plunged off a highway and fell into a ravine in southern Italy on Sunday night killing at least 37 people, police and rescuers said. …read more
Source: FULL ARTICLE at Fox World News
A tour bus filled with Italians returning home after an excursion plunged off a highway into a ravine in southern Italy on Sunday night after it had smashed into several cars that were slowed by heavy traffic, killing at least 37 people, said police and rescuers. …read more
Source: FULL ARTICLE at Fox World News
The Italian news agency ANSA quoted its photographer, Cesare Abbate, at the scene in a rural area near Avellino as saying he saw some 30 bodies covered by sheets near the bus after the crash Sunday night.
Source: FULL ARTICLE at Fox World News
Thirty people died after a coach came off a flyover and plunged 30 metres (98 feet) down a slope in southern Italy Sunday, a photographer at the scene said. …read more
Source: FULL ARTICLE at Fox World News
By The Huffington Post News Editors
ROME — Rescuers are saying that at least 24 bodies have been pulled out of the mangled wreckage of a tour bus that plunged dozens of yards (meters ) off a major highway in southern Italy after slamming into several cars. The bus landed in a ravine.
The Italian news agency ANSA quoted firefighters among the rescuers as also saying at least 11 people were injured in the crash Sunday night on the 116 autostrada near Avellino, some 160 miles (250 kilometers) south of Rome. Italian TV quoted people at the scene as saying about 49 people were on the bus, which was reportedly filled with Italian pilgrims returning from an excursion elsewhere in the south.
Source: FULL ARTICLE at Huffington Post
Police say a bus carrying pilgrims plunged off a highway into a ravine in southern Italy after slamming into several cars, killing at least seven people, including the driver. …read more
Source: FULL ARTICLE at Fox World News
