Seek news on
InfoAnda
powered by
Google
Custom Search

Last text search :
2016 wso 2.5 rw-r
2017 #1 smp wso rw-r

wso-drwxr-xr-x-smp.php-(writeable).php
2017 #1 smp wso rw-r
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php


Thursday, 29 March 2012 - Analysis: Storm clouds gather over Monti's Italy reform drive |
  • Pakistanis angry over detentions in Times Sq. case
    Monday, May 24, 2010
    ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
    They
  • Taiwan denies boycotting Australian film festival
    Thursday, August 6, 2009

    AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
  • Merkel's support dips, regional ally resigns International
    Thursday, September 3, 2009

    By Sarah Marsh and Noah Barkin

    BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
  • Minister seeks closure of anti-Berlusconi websites
    Wednesday, December 16, 2009
    ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
  • Asian markets mixed after Wall Street rally
    Wednesday, March 18, 2009

    By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
  • Low-dose aspirin slashes colon cancer risk | 22 October 2010
  • AA gives high flyers helicopter ride to Narita | 4 February 2010
  • 'Gooooood mornin' Afghanistan!' US fights Taliban on airwaves | 7 October 2009
  • Afghan mineral wealth may be greater: $3 trillion | 18 June 2010


    Forum Views () Forum Replies ()

    Read more with google mobile : Analysis: Storm clouds gather over Monti's Italy reform drive |

      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Full Focus Editor's choice Our best photos from the last 24 hours.   Full Article  Images of February Follow Reuters Facebook Twitter RSS YouTube Read Exclusive: Brazil to rally BRICS against rich countries 28 Mar 2012 Pope meets Cuba's Fidel Castro, slams U.S. embargo | 28 Mar 2012 Authorities charge JetBlue pilot for midair meltdown 10:07am EDT Special Report: Gaddafi's secret missionaries 3:15am EDT Man hugs doctors after seeing face transplant in mirror 27 Mar 2012 Discussed 242 Poll: Americans angry with Obama over gas prices 224 Cheney recovering after heart transplant: spokeswoman 215 Black friend defends shooter of Florida teen Watched Congressman dons a hoodie, gets kicked off House floor Wed, Mar 28 2012 Elephant runs away from circus 12:16am EDT Horror hits the runway in Japan Fri, Mar 23 2012 Analysis: Storm clouds gather over Monti's Italy reform drive Tweet Share this Email Print Related News Spanish strike tests tolerance for reform 8:19am EDT Analysis: Europe's reform drive risks running out of steam Wed, Mar 28 2012 Italy PM Monti downplays Spain contagion risk Wed, Mar 28 2012 Greek parties say election likely to be on May 6: sources Tue, Mar 27 2012 UPDATE 2-Italy's Monti runs into trouble over labour reform Thu, Mar 22 2012 Analysis & Opinion Donor row saps UK government’s austerity authority Today in the euro zone – Related Topics World » A lawyer holds a sign titled '' The justice is killed'' during a protest in front of the Justice Palace in Rome March 15, 2012. Lawyers' guilds say the reform planned by the government of Prime Minister Mario Monti will only increase legal costs, undermine the protection of the weak, reduce expertise and unleash an uncontrolled market in fees. Credit: Reuters/Alessandro Garofalo By Barry Moody ROME | Thu Mar 29, 2012 12:15pm EDT ROME (Reuters) - Storm clouds are gathering over Mario Monti's efforts to transform the Italian economy, with his approval ratings dropping, mounting protests against his reforms and a damaging row with the parties that sustain him in parliament. Monti shot out of the blocks after being appointed prime minister in November and quickly implemented tough austerity measures to fend off the debt crisis. But he now risks running into political quicksand that will slow down and weaken the much harder task of reviving a notoriously stagnant economy. A labor reform that is at the centre of Monti's program has hit heavy opposition, forcing him to abandon immediate implementation and accept a parliamentary debate that will delay the law for months and could lead to it being diluted. The reform has also caused rifts in the centre-left Democratic Party, his second-biggest parliamentary backer, destabilizing the alliance on which he depends to govern. Italy's borrowing costs, which fell sharply after Monti took power, have also begun to creep upwards recently, reflecting in part the increased political uncertainty. The technocrat premier was widely criticized by both politicians and commentators in Italy on Thursday for an outburst against the parties from Japan, where he was on an Asian tour intended to drum up foreign investment. Monti told reporters: "The government enjoys high support in opinion polls, the parties do not." This followed remarks in South Korea where he threatened to step down if the parties and trade unions didn't like the job his administration was doing. Both remarks betray Monti's irritation at political sniping and opposition to his measures, particularly the key labor reform. They also mark a departure from the statesmanlike demeanor he adopted earlier in the year when he never lost an opportunity to laud the parties' sense of responsibility. Judging from reaction on Thursday, the previous approach was more prudent, and the former European Commissioner may have overplayed his trump card - the extreme reluctance of the parties to lead a government that must take painful and unpopular measures to ward off financial disaster. "This muscular exhibition risks compromising the good things achieved so far by this government, backed by responsible political parties," commentator Pierluigi Battista said in a front-page editorial in the respected Corriere della Sera daily. Democratic Party (PD) leader Pier Luigi Bersani, under heavy pressure from the party's left wing over the labor reform, quickly shot back at Monti, underlining the interdependence between technocrats and politicians. "Either politicians and technocrats convince the country together or ... we will all get a kicking," Bersani said. DEBT CRISIS Monti was appointed as Italy tottered on the brink of a Greek-style debt crisis and politicians suffered widespread contempt for failing to head it off. But to govern, he is dependent on a grand political coalition stretching from the centre-left to the centre-right. Monti's irritability may reflect a drop in his approval ratings because of the labor reform, intended to free up a sclerotic dual system that gives cast-iron protection to older workers on permanent contracts while condemning many young people to endless temporary contracts without benefits. Most Italians do not seem to believe Monti's assertion that a reform making it easier to fire people will also create a fairer jobs market. A poll on Sunday found 67 percent of people opposed the measure. The same poll showed Monti's support falling to 44 percent last weekend from 62 percent in early March, although another poll on Wednesday registered a more modest drop to 55 percent this month from 59 percent in February. Nevertheless, his approval is way higher than that of the major parties, whose ratings are still below 30 percent. Monti's problems also reflect two other factors, one an ironic consequence of his own success, and the other a signal of the return to centre stage of politicians who were cowed by the economic emergency but are now vying to retrieve some of their support in local elections on May 6-7, the first substantial electoral test since the technocrat government took power. Monti's major prestige abroad, his sobriety and obvious expertise have contributed to a slide in Italy's borrowing costs from an untenable level above 7 percent in November to more manageable levels of around 5 percent. This reduced the pressure for politicians to go along with his reforms and also encouraged trade union opposition. GENERAL STRIKE The biggest union, the leftwing CGIL, has threatened a general strike against the labor reforms and all the three main union confederations have announced a joint protest on April 13 against a pension reform that was passed in December to muted opposition and is seen by many as Monti's biggest achievement. Monti's problem is that the easing of debt pressure and his own stumbles over the reform have left space for a revival of political squabbling between the grand coalition's right and left, which will make future reforms more difficult and revive anxiety in financial markets already on edge about Spain's economic difficulties. Parliamentary debate on the labor reform is likely to see the PD trying to weaken the changes and the centre-right People of Freedom (PDL) party of former Premier Silvio Berlusconi pulling in the opposite direction. The PDL, backing the position of employers, opposes any changes and says the bill should have been implemented immediately. But if there are changes, it says they must be balanced between right and left, risking prolonged debate. None of this suggests Monti's days are numbered, only that they may be a great deal more difficult from now on. With a general election in a year, the parties struggling to overcome their low public esteem and a crisis of identity caused by Monti's wind of change, none want to risk toppling him and provoking a new market storm. In addition, there is almost no chance of an election now being held before next spring - the season when Italian polls traditionally take place. All sides swiftly denied a recent rumor that there could be a vote in the autumn. So Monti will no doubt soldier on out of a sense of duty, with the constant danger that his difficulty in passing deep reform will again upset the markets and reverse the progress he has made in restoring respect for Italy. (Editing by Alessandra Rizzo) World Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

    Other News on Thursday, 29 March 2012
    Thousands rally for Mali junta, Toure says free |
    Body of French gunman may be sent to Algeria for burial |
    U.S. generals, Pakistan army chief meet on NATO skirmish |
    France's Sarkozy narrows Hollande's second round poll lead |
    Libya militias resume fighting after ceasefire |
    Mexico presidential favorite Pena Nieto has clear lead: poll |
    Facebook halts secondary market trading, plans for May IPO |
    Third Point blasts Yahoo for board picks |
    Silicon Valley startup gala spurs feeding frenzy |
    One 'Bully' in theaters, but bigger bullies on Web |
    The Hunger Games soundtrack tops Billboard chart |
    'Mad Men' creator Matt Weiner to direct first movie |
    Pope meets Cuba's Fidel Castro, slams U.S. embargo |
    Syrian violence ignores peace diplomacy |
    BRICS nations voice concern over pace of IMF reforms |
    Australia PM stands by Huawei ban despite China plea |
    Zimbabwe court says no foul play in general's death |
    Poverty drives central Europe's great exodus |
    Yemen frees Ethiopians held by gunman seeking ransom |
    Torture marred rule of fallen Chinese leader: lawyer |
    Spanish strike tests tolerance for austerity |
    Japan hangs 3 murderers in first executions since 2010 |
    Apple CEO visits Foxconn's iPhone plant in China |
    Online advertisers cautioned against privacy blunders |
    Pioneering feminist poet Adrienne Rich dead at 82 |
    Aerosmith says new album brings a little of 1975 back |
    Bad boy Sheen on a comeback
    Bobby Brown charged with drunk driving |
    No clear way to court for Syria war crimes suspects |
    Exclusive: West wants Saudi not to neutralize oil release |
    Myanmar's Suu Kyi: from prisoner to would-be lawmaker |
    U.N. council worried by Yemen political deterioration |
    Turkish prosecutors seek jail for 364 officers |
    African leaders scrap Mali trip after runway invasion |
    Analysis: Storm clouds gather over Monti's Italy reform drive |
    Chavez back in Venezuela after radiation therapy |
    Rockets explode as Arab leaders meet in Baghdad |
    French gunman's body not wanted in Toulouse or Algeria |
    Star-struck Japan PM befriends Facebook's Zuckerberg |
    EBay names David Marcus president of PayPal |
    Australia PM stands by Huawei ban despite China plea |
    Best Buy sales, restructuring disappoint |
    Greece's OPAP shortlists three firms for online betting |
    Florence + The Machine get Unplugged for MTV |
    Glamorous offerings earmark environment at Green Auction |
    UK Sonisphere fest cancelled in challenging year |
    Greece at new risk of being pushed off euro
    Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
    Female Breasts Are Bigger Than Ever
    AMD Trinity Accelerated Processing Units Now in Volume Production
    The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
    AMD to Start Production of piledriver
    Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
    Islamists Protest Lady Gaga's Concert in Indonesia
    Japan Successfully Broadcasts an 8K Signal Over the Air
    ECB boosts loans to 1 trillion Euro to stop credit crunch
    Egypt : Mohammed Morsi won with 52 percent
    What do you call 100,000 Frenchmen with their hands up
    AMD Launches AMD Embedded R-Series APU Platform
    Fed Should not Ignore Emerging Market Crisis
    Fed casts shadow over India, emerging markets
    Why are Chinese tourists so rude? A few insights

    [InfoAnda] [Home] [This News]



    USD EUR - 1 year graph

    VPN on MacOSX

    BlogMeter 1.01