May 29, 2012 As if Europe didn't have enough on its plate, it now faces a big drop in the price of one of its biggest exports, olive oil. Seventy percent of the world's olive oil supply comes from Spain, Greece and Italy.
May 24, 2012 People in northern Italy are still dealing with the aftermath of the earthquake this week that killed seven. It struck hardest in some of Italy's richest farmland and ten percent of the world's supply of Parmesan has been affected.
Apr 11, 2012 U.S. stocks had their worst day of the year yesterday, in part because analysts say the European debt crisis is back after months of relative calm.
Feb 17, 2012 Yep, that’s trillion with a “T”.
Jan 16, 2012 What will the future hold for the cruise ship industry after a tragedy off the Italian coast?
Stacey Vanek Smith
Jan 4, 2012 In an effort to boost the economy, Mario Monti announced that Italian businesses can now stay open at all hours. That has some Italian shopkeepers worried.
Jan 11, 2012 In Greece, tax collectors are on strike to protest benefit cuts while in Italy, the government was able to borrow $9 billion to help pay for services, but banks willing to lend also demanded a high return.
Dec 28, 2011 Iran has repeated its threat to block the Straight of Hormuz where about a-fifth of the world's oil passes through. In Italy today, investors seemed happy to buy up the country's debt.
Jan 11, 2012 A vote today in Italy passes a round of austerity measures suggested by newly appointed Prime Minister Mario Monti. But is it enough to make a dent in the problem?