LONDON -- Global markets have fallen into the red as a US government shutdown looms and a fresh political crisis in Italy threatens more Eurozone turmoil.
Republicans and Democrats in Washington remain at an impasse over the budget, meaning many government staff will be put on unpaid leave and services slashed from midnight in the US. The warring politicians have also made no progress on raising the debt limit by the October 17 deadline which could spark a potentially disastrous debt default by the world's biggest economy.
ROME–MEP Struan Stevenson slammed Europe's Commission for disregard of Italy's discrimination against UK lecturers - lawyers said Brussels “relinquishes its essential role of overseeing EU law."
“The result, illogical and self-contradictory, is that the Commission has made its own initiative in respect of a Member State’s conference to Community law subordinate to the judgement of that State’s own domestic jurisprudence,” Prof. Lorenzo Picotti, professor of Criminal Law and Computer Crime at the University of Verona, said in a statement.
ROME--In his customary bowler hat and impeccable dark suit, Tom Huggan was often taken by Italian journalists for Britain's Ambassador at military ceremonies.