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...federal prison in Otisville, N.Y., for fraud in connection with the 1974 collapse of Franklin National Bank. He bought control of the Long Island-based bank and allegedly siphoned off $15 million from it. In Italy, Sindona faces fraud charges resulting from the 1974 failure of his Banca Privata Italiana, part of a financial empire once estimated to be worth $450 million. He has also been accused of ordering the 1 979 murder of Giorgio Ambrosoli, a lawyer appointed to liquidate Banca Privata Italiana. Even if Sindona is convicted in Italy, he must return to the U.S. and complete...

Author: /time Magazine | Title: Financiers: Going Home the Hard Way | 10/8/1984 | See Source »

...that the dollar is worth princely piles of lire, Americans in Italy should be getting more of everything for less, right? Yes, unless they happen to be gastronomical pilgrims in search of the Continent's current culinary wonder, la nuova cucina italiana, the new Italian cooking. In this case, the less-is-more rule applies. Also, less for more. La nuova cucina is found in expensive, often formidably serious restaurants, most of them in Northern Italy, where the fare is spare, artfully presented and somewhat outlandish. Surprising and a bit haughty, it has often been compared with the French...

Author: /time Magazine | Title: Living: In Search of La Nuova Cucina | 9/12/1983 | See Source »

...traditional cooking under challenge is usually described as la vera, antica cucina italiana, the true, ancient Italian cuisine. It consists of some 20 distinctive regional cooking styles that, for all their diversity, share a profusion of superb vegetables, game, fish and meat (Italians are the world's leading consumers of veal). Instead of aiming for symphonic blends of flavors, Italian cooking pays primary attention to natural tastes and textures and fresh ingredients. Pasta and in some regions rice dishes are an essential part of the vera cucina. Its dishes are characterized by locally produced sausages, hams, cheese, breads...

Author: /time Magazine | Title: Living: In Search of La Nuova Cucina | 9/12/1983 | See Source »

Cashing in on the new ascendancy of Italian wines in the U.S., a number of tour operators are offering a variety of wine tours, with immense success. One extravaganza, a twelve-day Bacchanalian Trip organized by Compagnia Italiana Turismo (CIT), meets guests at the Rome airport and deposits them, twelve vinous days later, at the Turin airport. The $698 immersion includes hotels, unlimited wine bibbing, visits to vineyards and cellars in the major winegrowing areas, and espresso and sympathy the mornings after...

Author: /time Magazine | Title: Americans Everywhere | 7/25/1983 | See Source »

...menus, both aristocratic and earthy, exude all the warmth and good humor of la cucina Italiana at its best. For the primo piatto, traditionally pasta or a rice dish or soup, recipes go from the outrageously calorific, like a macaroni concoction with both cream and meat sauces, to simple ricotta croquettes (the ricotta in Rome is made from sheep's milk). To shock the neighbors, there is a fashion able pasta with vodka and red-pepper flakes...

Author: /time Magazine | Title: Books: New Menus for All Seasonings | 11/22/1982 | See Source »

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