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...most modern democratic standards, Silvio Berlusconi's wild 15-year political ride would seem closer than ever to crashing. The 72-year-old Italian Prime Minister is facing a swirl of questions linked to his personal life, including the latest allegations that a high-paid escort stayed with him at his Rome residence the night of Nov. 4 as results were coming in of Barack Obama's election victory. But as damning as the news may appear, it is still too early to predict the demise of the billionaire TV tycoon, who rose to power in 1994 with an often...

Author: /time Magazine | Title: Berlusconi in Crisis After Allegation of Affair | 6/23/2009 | See Source »

...First Lady enthusiastically organizing an evening in Washington where successful women could mingle with girls to help support the aspirations and diverse potential of a small segment of America's youth, and the private parties reported to have been hosted by Italy's Prime Minister Berlusconi, where young Italian women were encouraged to sing and dance, grooming them for a career in show business, or maybe politics. After all, what's the difference? Makes you wonder what is to become of Italy's young female population. Catherine Minciotti, MONTEFIASCONE, ITALY...

Author: /time Magazine | Title: 21st Century First Lady | 6/22/2009 | See Source »

...take a shower in a jacket and tie?' SILVIO BERLUSCONI, Italian Prime Minister, after a radio host questioned him about photos that surfaced of topless women sunbathing at Berlusconi's Sardinia estate...

Author: /time Magazine | Title: Verbatim | 6/22/2009 | See Source »

...Detroit Fiat Takes Control of Chrysler Chrysler's planned alliance with Italian carmaker Fiat was cemented on June 10 after the U.S. Supreme Court declined to hear a challenge to the deal brought by Chrysler's creditors and concerned consumer groups. The White House--backed arrangement gives Fiat a controlling stake in the embattled 84-year-old company, which will be called Chrysler Group LLC and could serve as a model for the reorganization of larger rival General Motors, which filed for bankruptcy on June 1. The pact--the latest attempt to salvage America's sagging auto industry--creates...

Author: /time Magazine | Title: The World | 6/22/2009 | See Source »

...Iranian election, European leaders have been far less restrained in their comments. On June 16, four days after the presidential election, French President Nicolas Sarkozy called the contested poll a "tragedy" and added that "the extent of the fraud is proportional to the violent reaction." That same day, the Italian Foreign Minister, Franco Frattini, said the violence in the streets and the deaths of protesters were "unacceptable." Three days later, British Prime Minister Gordon Brown referred to "the repression and the brutality" in Iran. Over the weekend, German Chancellor Angela Merkel went further, calling on Iran's leaders to "allow...

Author: /time Magazine | Title: Why Europe Is Talking Tougher than Obama on Iran | 6/22/2009 | See Source »

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