January 23, 2013

The Italian Mafia Goes Green

Anthony Faiola, Washington Post

AP Photo

Because it receives more sun and wind than any other part of Italy, Sicily became one of Europe's most obvious hotbeds for renewable energies over the past decade. As the Italian government began offering billions of euros annually in subsidies for wind and solar development, the potential profitability of such projects also soared -- a fact that did not go unnoticed by Sicily’s infamous crime families.

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TAGGED: Global Warming, Climate Change, renewable energy, Organized Crime, Mafia, Europe, Italy


January 17, 2013
Murder in Moscow Sparks Fear of Mafia War
Robert Coalson, RF Europe
The announcement from the Moscow police seemed innocuous enough. "In downtown Moscow, on Povarskaya Street, there was a shooting incident that resulted in a citizen born in 1937 being injured," spokesman Andrei Galiakberov said.... more ››
January 21, 2013
Monti the Wrong Man to Lead Italy
Wolfgang Munchau, Financial Times
As prime minister, Mr Monti promised reform and ended up raising taxes. His government tried to introduce modest structural reforms but they were watered down to macroeconomic insignificance. Having started as a leader of a... more ››
January 15, 2013
Eurozone 2013: Lower Risks, Same Problems
Nouriel Roubini, Reuters
The euro zone periphery recession will continue in 2013: Fiscal austerity is ongoing; the euro is still too strong; periphery banks have capital shortages and liquidity concerns, and thus are achieving required capital ratios by... more ››
January 17, 2013
The Berlusconi Conspiracy
Stefano Casertano, The European
Whenever Mr. Berlusconi resurfaces in the Italian media, my international friends ask me the same question again and again: Why? As an Italian living in Berlin, I have plenty of opportunities for discussion – partially... more ››