Investors have good reason to be sceptical that the new Italian leader can resurrect his country’s economy
Germany does not share the economic pain of the likes of Greece and Spain and thus does not feel the urgency of the situation.
The head of the European Central Bank seems to be trying to block a plan by Angela Merkel to force private bond holders to accept a write down in the value of their Greek debt in return for more loans to Athens.
The Germans joke about going on holiday to an exotic-sounding “Balkonia” … which turns out to be your own balcony. In Italy, newspapers report “vacanza talpa” or “moling” holidays. These involve hiding away at home but moving the car, shutting the curtains and claiming you were actually off somewhere nice.
Whatever else is said about Cristiano Ronaldo, there’s no denying that he’s one hell of a footballer.
The Portugal star was instrumental in demolishing World Champions Spain 4-0 last night. Yet he should have found himself on the scoresheet with what would have been an incredible effort. But it was disallowed when former Manchester United team-mate Nani headed in the goal bound shot from an offside position.
If World Cup teams were bands, who would they be?
There are several inescapable parallels to be drawn between the worlds of football and music. Both of them feature artists who stride the stage imperiously for a time, yet whose successes are all too fleeting; both of them feature the same gallery of keen rivalries and preening frontmen. [...]
Fairly painless drive down to Durban yesterday sandwiched between a Hooters waitress and a Delta Airlines stewardess on the backseat of a rented Hyundai. In the driver’s seat was one of the US Army’s finest and holed up next to him was a lad from Bangladesh. It seemed Portugal versus Brazil had really caught the [...]
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