Thanks
to:Italy-News.Net - 10/22/01
(1) FINI BACKS US POLICY WITH STRONG WORDS
(2) RUGGIERO ON DIPLOMATIC MISSION TO MIDDLE
EAST
(3) ITALY CANCELS THIRD WORLD DEBT
(4) HIGH TECHNOLOGY SPURS ITALIAN GROWTH RATE
==================================================
(1) WASHINGTON: FINI BACKS US POLICY WITH
STRONG WORDS
Vice-premier Gianfranco Fini was in Washington D.C. yesterday where
he
announced, "Today we have a duty: all people who believe in democracy
must be
united against terrorism.A future of peace and security cannot be attained
as
long as there is one terrorist on the loose. The twin towers have fallen,
but
America will not" Mr. Ruggiero went on to say that the solidarity
of the
Italian government and people with that of America is total. "The war,
as
President Bush stated will be long and hard, but I know that we will
prevail.
No good American and no good Italian will ever back down"Mr. Ruggiero
said.
(2) RUGGIERO ON DIPLOMATIC MISSION TO MIDDLE EAST
Italian Foreign Minister Renato Ruggiero left today for a two-day whirlwind
tour of Lebanon, Syria, Iran, and Turkey for a series of meetings with
the
nations' leading politicians to discuss bilateral relations and the
current
international crisis. The first leg of the minister's trip will begin
tonight
in Beirut where he will meet with the Lebanese president and various
government officials. He will then leave tomorrow to meet with Syrian
President Hafez al-Assad in Damascus. Later in the day he will travel
to
Tehran and finish up his journey in Ankara.
(3) ITALY CANCELS THIRD WORLD DEBT
The Italian government signed into law last year's agreement that calls
for
the cancellation of debts incurred by Third World nations. The first
country
that will benefit from the action will be New Guinea, which will formalize
the accord with the Italian Church in the upcoming weeks to take advantage
of
the "counterpart fund" which will be issued by the Ecclesiastic Campaign
for
the Reduction of World Debt. With the signing of the accord, the Italian
government has effectively cancelled New Guinea's debt in exchange
for the
financing of an equivalent fund for the real value of the debt (10%
of the
nominal value) on behalf of the debtor nation. Included in the fund
is the
church's contribution, which has already passed the 30 billion lire
mark, a
number higher than previously predicted.
(4) HIGH TECHNOLOGY SPURS ITALIAN GROWTH RATE
SMAU, the National Innovation Fair, currently taking place in Milan,
released
reassuring data regarding Italian economic growth. The data indicate
a
possible rebound for Europe's slumping ICT market. The European Information
and Technology Observatory (EITO) said that by the end of 2001 there
should
be a 7% jump. Italy is expected to gain over 8% thanks to growth in
both the
computer and telecommunications industries which are expected to make
gains
of 7.5% and 9.3% respectively. According to EITO President Bruno Lamborghini,
the market will present "ample space" for the utilization of Internet
and
computer technology both in small and medium-sized family and public
enterprises.
|