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Italy

The first skydiver to break the speed of sound has died in a paraglider crash in Italy

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Extreme athlete Felix Baumgartner, the first skydiver to fall faster than the speed of sound during a 24-mile leap through the stratosphere more than a decade ago, was killed in a crash Thursday along the eastern coast of Italy, according to an official where the crash occurred. He was 56. Italian firefighters who responded said … Read more

Germany and Italy pressed to bring $245bn of gold home from US

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Germany and Italy are facing calls to move their gold out of New York following President Donald Trump’s repeated attacks on the US Federal Reserve and increasing geopolitical turbulence. Fabio De Masi, a former Die Linke MEP who joined the leftwing populist BSW party, told the Financial Times that there were “strong arguments” for relocating … Read more

Corporate Italy lacks female CEOs, stock exchange head warns

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Italy lacks women in position of leadership and that’s a cultural issue that the business community needs to fix, the head of Milan’s stock exchange said. “Last year we probably reached the lowest level of female CEOs leading listed companies at Milan’s Stock Exchange,” said Claudia Parzani, chairman of Euronext NV’s Borsa Italiana SpA, at … Read more

Paragon says it canceled contracts with Italy over government’s refusal to investigate spyware attack on journalist

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Spyware maker Paragon accused the Italian government of refusing its help in investigating whether a journalist was spied on with its technology, according to a statement on Monday.  In the statement first reported by Haaretz, Paragon claimed it was this refusal that prompted the company to cut ties with its Italian government customers.  “The company … Read more

Billie Eilish and Nat Wolff Spark Romance Rumors With PDA in Italy

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Billie Eilish and Nat Wolff were seemingly caught packing on the PDA while vacationing in Italy. In photos shared via DeuxMoi on Sunday, June 8, Wolff, 30, was seen grabbing Eilish’s face as he leaned down to give her a kiss in Venice, Italy. A glass seemingly filled with champagne was placed on the edge … Read more

Italian lawmakers say Italy used spyware to target phones of immigration activists, but not against journalist

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An Italian parliamentary committee confirmed that the Italian government used spyware made by the Israeli company Paragon to hack several activists working to save immigrants at sea. The committee, however, said its investigation concluded that a prominent Italian journalist was not among the victims, leaving key questions about the spyware attacks unanswered.   The Parliamentary Committee … Read more

US issues level 2 travel advisory for Italy due to terrorism concerns

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As summer approaches and many Americans plan to jet-set across the country and world on vacation, the U.S. Department of State is warning travelers to take caution while visiting a popular destination. On May 23, the department reissued a level 2 travel advisory for travel to Italy, urging travelers to “exercise increased caution” due to … Read more

Italy sounds the alarm over U.S. stablecoin regulations: ‘bigger threat than tariffs’

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Italian finance and economy minister Giancarlo Giorgetti is warning that dollar stablecoins are a greater threat to the European economy than tariffs. U.S. policy on stablecoins is raising alarm among European leaders. At an asset management event in Milan, Italian economy minister Giancarlo Giorgetti said that U.S. stablecoin policy threatens the European economy more than … Read more

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