Wednesday, November 9, 2011 | Categories: Episodes
Today's guest host was Jim Brown.
Part One of The Current
It's Wednesday November 9th.
The US government denies it has any contact with life from outer space.
Currently, it did, once. But, you know, with Gadaffi dead and all...
This is the Current.
Berlusconi & Italy's deteriorating economy - Eric Reguly
The conflicts of interest didn't get him, his alleged links to organized crime didn't bring him down, nor was he particularly damaged by the sex scandals. In the end, the markets pulled Silvio Berlusconi from power. And now Italians sail into uncharted waters. The man who has run Italy for most of the last decade is stepping down.
After a routine budget vote, it became clear that Berlusconi had lost his majority in Parliament. He's survived more than 50 confidence votes, but this time the economy had deteriorated too severely. Some observers think Italy's woes are a bigger threat to the Eurozone than Greece.
Eric Reguly is covering the events as they unfold. He's the Globe and Mail's European Business Correspondent and he was in Rome.
Berlusconi & Italy's deteriorating economy
An astonishing parade of political types have claimed leadership of Italy. Silvio Berlusconi may seem outrageous compared to many western leaders, but Italians have endured caesars and soldiers and princes and popes.
Alexander Stille has chronicled Berlusconi's time in office and the effect he's had on Italy. Stille is a professor of international journalism at Columbia University. He's also the author of The Sack of Rome: How a Beautiful European Country with a Fabled History and a Storied Culture Was Taken Over by a Man Named Silvio Berlusconi. Alexander Stille was in New York City.
Other segments from today's show: