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...Canadian Prime Minister Stephen Harper said on Monday that his government will invest $9 billion in General Motors of Canada Ltd. to keep it alive amid harsh criticism that the unpopular bailout will end up costing Canadian taxpayers millions of dollars for each assembly-line job saved...
This latest announcement by Prime Minister Stephen Harper brings the total cost for Canada of restructuring GM to $9.5 billion, including $450 million in emergency funding already used by the car company, compared to $49.8 billion promised by the Obama Administration. In exchange Ottawa and the province of Ontario, where GM Canada has all its operations, receive a 12% stake in Detroit-based GM, representation on the new board and the promise to keep 16% of the struggling automaker's production in Canada as it restructures in coming months...
Distorted Reflection Beppe Severgnini is right that in order to get rid of Berlusconi, the media-mogul Prime Minister, Italians must first learn to shed the Berlusconi inside them [An Italian Mirror, May 11]. So, what are we waiting for? Marco Guizzardi, BOLOGNA, ITALY...
...frequenting "underage females," specifically a leggy blonde from Naples named Noemi Letizia, after local papers revealed last month that Berlusconi had attended the girl's 18th birthday party and showered her with expensive gifts. Two days after the aggrieved spouse made the charge, she asked for a divorce. The Prime Minister stated publicly that he'd known Letizia only through her parents, and the father declared his daughter "chaste," saying Berlusconi was an acquaintance he had made through local politicians. But the center-left daily La Repubblica and opposition leader Dario Franceschini have hammered away at inconsistencies in the Prime...
Some journalists say this could be the Berlusconi equivalent of Bill Clinton's "I did not have sexual relations with that woman" moment - a fact-checking challenge to investigators throughout Berlusconistan and a spur to even more debate and speculation about the Prime Minister's private life. But at the same time, the potential for scandal just might help Berlusconi keep his popularity high by giving him center stage in a public arena that ever more resembles The Jerry Springer Show (or a Fellini film...