Word: italianity
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...identical copy, an exact replica." GIORGIO ARMANI, Italian designer, describing a fake Armani watch he was offered in Shanghai two weeks...
...panic justified? Yes and no. Prices for everything from cement to dry cleaning to bananas will go up as vat rates rise and other duties take effect in line with E.U. rules. But rising prices will be partly offset by cheaper imports of potatoes, French wine, Spanish olives and Italian pasta. "There is no need to panic," says Markéta Sichtarová, chief economist at Volksbank in Prague. "We expect the overall impact on prices to be no greater than 1%." And reports of hoarding can be exaggerated, says Tomás Drtina, managing partner of INCOMA Research...
...memorabilia more easily. This is a problem faced by Cliff Muskiet. Over the past 30 years the KLM flight attendant has amassed one of the world's largest collections of stewardess uniforms. He even has very rare 1960s uniforms from defunct Braniff Air that were created by celebrated Italian designer Emilio Pucci. But Muskiet is not always happy to part with spiraling sums for air couture. A Pan Am uniform from the 1920s can be worth up to $1,000. "Once an airline introduces a new uniform, the old ones become collectors' items because they will never come back," says...
Dangerous Business You too are parents and can understand our anxiety. Spare the lives of our boys." Antonella Agliana beamed these words to Iraq via al-Jazeera, hoping to elicit sympathy from the insurgents who held three Italian hostages, including her brother Maurizio. Three days before, word of a different videotape, which al-Jazeera declined to air, had galvanized Italy. It showed a fourth captive, Fabrizio Quattrocchi, calmly saying, "I'll show you how an Italian dies," before taking a bullet in the neck. Iraq 's continuing turmoil has been boosting antiwar feeling in Italy, but last week, public solidarity...
They're Still Just Winging It Alitalia has crash landed in a field of Catch-22s. The majority state-owned Italian carrier, which loses about €1.2 million a day, desperately needs a government bailout to avoid bankruptcy. But any rescue plan risks a veto from Brussels on antitrust grounds. Labor Minister Roberto Maroni promises the government will sign an emergency decree this week, reportedly set to dole out €120 million to Alitalia and Italy 's smaller carriers this year. That would keep the flagship airline afloat and avert disastrous labor strife. But even if the bailout gets past...