Tag: election

February 26, 2013 0

Youth Vote Propels Five Star Movement Into First Place as Largest Political Party in Italy

By News Desk

PIER LUIGI BERSANI – PARTITO DEMOCRATICO – 8,399,991 Votes – 27.43% GIUSEPPE PIERO GRILLO – MOVIMENTO 5 STELLE – 7,285,648 – 23.79% SILVIO BERLUSCONI – IL POPOLO DELLA LIBERTA’ – 6,829,135 Votes – 22.30% MARIO MONTI – SCELTA CIVICA CON MONTI PER L’ITALIA – 2,797,451 Votes – 9.13% The center-left received a higher percentage of votes than the center-right by a 31.63% to 30.72% margin. However, Senate seats are assigned based on regional totals and the result will be something like a 119 to 117 spit with the Five Star Movement picking up 54 Seats. A majority takes 158 so no coalition is likely

February 25, 2013 0

Italy Senate "Ungovernable"; No Coalition Possible

By News Desk

Grillo 57 Monti 17 There are 315 total seats and the total above is only 301. Although 14 seats remain, not even a Monti-Bersani coalition in addition to those 14 seats would bring Bersani’s total to 158. Curiously, it appears Bersani received a plurality of the Senate popular vote with 32% compared to Berlusconi’s 30.2%.

January 1, 2013 0

Obama Deal Adds $3.97 Trillion to Deficit Over 10 Years; Only 5 Republicans Voted Against; White-Flag Surrender

By News Desk

Obama Deal Adds $3.97 Trillion to Deficit Over 10 Years; Only 5 Republicans Voted Against; White-Flag Surrender For all the pissing and moaning over the fiscal cliff, there was never much of a "cliff" in the first place. Worse yet, every delay made matters increasing irresponsible in terms of addressing the deficit. The final result, as passed by the Senate, watered down budget cuts from $600 billion to a mere $12 billion

December 13, 2012 0

EU Punts on Creating Timetable for Fiscal and Banking Unions

By News Desk

Those looking for a step in the right direction today can find it in the Financial Times Live Blog which announces “EU drops timetable for creating eurozone fiscal and banking union”. EU heads of state and government have started gathering in Brussels even though their summit isn’t scheduled to begin until 5pm.