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th unemployment marching ever higher. The one piece of good news is that bond markets have calmed down, largely thanks to the stated willingness of the European Central Bank to step in and buy government debt when necessary. As a result, a financial meltdown that could have destroyed the euro has been avoided. But that's
andate. Well, it's not looking good. Mr. Monti's party appears likely to come in fourth; not only is he running well behind the essentially comical Silvio Berlusconi, he's running behind an actual comedian, Beppe Grillo, whose lack of a coherent platform hasn't stopped him from becoming a powerful political forc
emanke understood the depths of the problem early and responded energetically and creatively. The clearest vindication of his actions has been that the European Central Bank, after charting the opposite course for three years with disastrous results, has adopted policies similar to the Fed's — and averted a potential Leh
untry will have sent a signal to the rest of world that the American dream of equality is a lie. Finally the real Teflon Don, former Prime Minister Silvio Berlusconi (76) was convicted on tax fraud on Friday and sentenced four years in prison. Mr. Berlusconi is also currently on trial over charges that he paid fo
at affordable rates. Meanwhile, their banks are hemorrhaging deposits. Up until now, broke banks could prop up broke governments by borrowing from the European Central Bank and using the cash to buy their governments' bonds. But that game is over. For there is nothing the ECB can do to stop panicky Spaniards swapping
e a constellation of European leaders as sympathetic to the Jewish state as figures like British Prime Minister Tony Blair, Italian Prime Minister Silvio Berlusconi, Spanish Prime Minister Jose Maria Aznar, Sarkozy, and -- the lone survivor among them today -- German Chancellor Angela Merkel. The prevalence of
Entities connected to both the European Central Bank and Silvio Berlusconi

Jeffrey Epstein
PERSON
Barack Obama
PERSON
George W. Bush
PERSON
Marc Rich
PERSON
United Kingdom
LOCATION
Bill Clinton
PERSON
United States
LOCATION
Paul Krugman
PERSON
Angela Merkel
PERSON
Mitt Romney
PERSON
Prince Andrew
PERSON
Prince Charles
PERSON
Berlusconi
PERSON
Benjamin Netanyahu
PERSON
Bashar al-Assad
PERSON
Damascus
LOCATION
Ronald Reagan
PERSON
Lebanon
LOCATION
Donald Trump
PERSON
Tehran
LOCATION