Silvio Berlusconi, Italy's former showman leader, dies at 86
Silvio Berlusconi, the flamboyant billionaire and former Italian prime minister who once described himself as the "Jesus Christ of politics," has died at a Milan hospital at the age of 86, his press office confirmed on Monday.
1970-01-01 08:00
Silvio Berlusconi obituary: Scandal-ridden Italian billionaire, media mogul and the king of comebacks
Silvio Berlusconi, the boastful billionaire media mogul who was Italy’s longest-serving premier, despite scandals over his sex-fueled parties and allegations of corruption, has died. A one-time cruise ship crooner, Berlusconi used his television networks and immense wealth to launch his long political career, inspiring both loyalty and loathing. To admirers, the multiple-time premier was a capable and charismatic statesman who sought to elevate Italy on the world stage. To critics, he was a populist who threatened to undermine democracy by wielding political power as a tool to enrich himself and his businesses. Born in 1936 in Milan to a bank clerk father and housewife mother, he attended a Catholic college, the start of a complicated relationship with the church, which supported him until the mounting allegations of sleaze “superceded the limits of decency”, in the view of at least one weekly Catholic newspaper. His capacity to entertain emerged early when he worked on cruise ships and played bass with a band, performing George Gershwin hits like “I Got Rhythm” in the dancehalls of Milan before being sacked for devoting more time to flirting with punters (“marketing and PR”, he called it) than playing music. After graduating in law, Berlusconi turned down a job as a cashier at the bank where his father had worked in order to strike out as a property developer. His ambition was notable. To pull off an early make-or-break deal, he persuaded a secretary to tell him when her pension fund director boss would be taking a seven-hour train journey so as to ensure he could secure the seat next to him. Later, when the flight path put off buyers over his Milano 2 residential development, he had alternative routes opened. A modest plan to make his homes more attractive by offering a local cable TV service, Telemilano, which showed light entertainment and reruns of American soap operas such as Dallas, grew into a network of local channels until, by the end of the 1980s, his trash TV empire of game shows and barely-clothed hostesses came to dominate Italian airwaves. As well as hauling in advertising revenue, Berlusconi’s channels allowed him to give favourable coverage towards friendly politicians who helped him protect his commercial interests, which now included publishing houses and the football team AC Milan. When he entered politics himself, these contacts would prove indispensable. The Clean Hands corruption probes that took out a generation of Italian politicians eventually provided the motivation for that move. Power, he reasoned, would not only protect himself from prosecutors but allow him to defend his businesses. Headline-grabbing proposals included a million new jobs and lower taxes. A political outsider positioned as an enemy of the establishment, Berlusconi was in many ways a prototype for Donald Trump. Running a successful Serie A side like the “rossoneri” was one of his main qualifications for high office, he felt. When challenged by an economist over his tax plans, he replied: “How many intercontinental [football cups] have you won?” In 1994, he took 21 per cent of the vote in the general election and found himself prime minister, beginning a two decade-long domination of Italian politics through which he shamelessly advanced his own interests. His personal lawyers, now on the state payroll as MPs, spent their time drawing up laws to get him out of trouble, including immunity from prosecution for the prime minister and a tax amnesty that saved his company 120m euros. His communication minister meanwhile amended competition rules allowing him to retain his media empire. His calling to international relations was evident when he made himself foreign minister as well as prime minister, wooing foreign leaders such as Tony Blair and Putin by inviting them to his James Bond-esque Sardinian villa, complete with fake volcano. Cherie Blair described her evening there as the best of her life. But gaffes such as calling America’s first black president Barack Obama “suntanned” and suggesting a German MEP should play a concentration camp guard made him an international laughing stock. His standing took a further hit in 2009 when his second wife, Veronica Lario, publicly accused him of “frequenting minors”. When a 17-year-old Moroccan nightclub dancer, known as Ruby-the-Heartstealer, who was arrested for a petty crime, told police she knew Berlusconi, the claim set in motion a chain of events that would bring about the mogul’s downfall. Ironically, if Berlusconi had not interceded claiming she was the niece of Hosni Mubarak, the Egyptian despot, the case might have ended there. Investigators, their hackles raised by Berlusconi’s meddling, discovered that a harem of showgirls and models regularly visited his villas for sex parties where they received lavish gifts and envelopes of cash. The drip-feed of salacious details appalled even Italy, where mistresses are less taboo for rich men. Thousands took to the streets in protests that expressed women’s frustration at their humiliating role in Berlusconi’s Italy. But, ultimately, it was not the “bunga bunga” parties that undid him, but his inability to cope as Italy’s debt reached unsustainable levels in 2011 and he was forced to resign in favour of technocrats. Out of office, he remained in the spotlight, thanks to his own media empire and as the defendant in dozens of trials, throughout which he claimed he was the victim of a plot by a left-wing judiciary. After years when, Teflon-like, he had wriggled out of every writ, his eventual conviction for tax fraud in 2014 and subsequent sentencing to community service in a home for Alzheimer’s sufferers represented rock bottom, but, as usual, Berlusconi proved irrepressible, entertaining residents with bingo games and singalongs - a revival of his old cruise ship act. His final years went some way towards rehabilitating his image. He became the oldest member of the European Parliament, his centrist pro-European politics far preferable, in the eyes of German chancelleor Angela Merkel, to the dangerous populist ideals that surged in Europe. When, in February 2021, his party joined a government led by that most establishment of figures, former European Central Bank chief Mario Draghi, his triumphant comeback was complete. His return to government represented an unlikely final twist in the story of a figure who had risen from selling electric hairbrushes to being the richest and most powerful man in Italy and the object of global fascination as (depending on your point of view): a media mogul, marketing genius, football club owner, political trailblazer, womaniser and showman. For every Italian that hated him for his monopolistic control of the media and abuse of power, there was another who admired his business acumen and was amused by his lowbrow larks. As the writer Curzio Malaparte wrote, Berlusconi’s qualities and defects “are the qualities and defects of all Italians”. Berlusconi is survived by 12 grandchildren and five children: Pier Silvio, Marina, Barbara, Eleonora and Pierluigi. Read More Perhaps the most surprising part of the Italian crisis is that Berlusconi has emerged as a selfless voice of reason Italy’s comeback kid: How Silvio Berlusconi has managed to re-enter politics, despite all the scandals Silvio Berlusconi tells female reporter her handshake is so strong 'no one will want to marry her' Silvio Berlusconi dead: Billionaire former Italian prime minister dies aged 86
1970-01-01 08:00
Silvio Berlusconi, former Italian PM, dies at 86
The four-time prime minister bounced back from sex scandals and corruption allegations.
1970-01-01 08:00
Fed Backs Away From Wages Focus, Bolstering Case for Rate Pause
Federal Reserve officials are rethinking their view that wage gains are fueling inflation, a key intellectual shift that
1970-01-01 08:00
Former Italian PM Silvio Berlusconi has died - sources
MILAN Former Prime Minister Silvio Berlusconi, a billionaire businessman who created Italy's largest media company before transforming the
1970-01-01 08:00
Silvio Berlusconi dead: Billionaire former Italian prime minister dies aged 86
The former Italian prime minister Silvio Berlusconi has died at the age of 86, Italian media reported on Monday. Berlusconi dominated Italian politics for almost twenty years, leading the centre-right party Forza Italy from 1994 to 2009, before taking the helm of successor party The People of Freedom until 2013. The right-wing populist enjoyed three spells as prime minister of Italy – from 1994 to 1995, from 2001 to 2006 and again from 2008 to 2011. His last few years in the country’s top job were marred by allegations of corruption and tales of “bunga bunga” sex parties at his lavish villa outside Milan. He was accused of unlawful sex with 17-year-old nightclub dancer known only as “Ruby the Heartstealer” – but he was acquitted on appeal in 2014, after several women testified that his bung bunga parties were merely “elegant dinners”. Berlusconi had amassed a huge fortune through his business dealings. He was the controlling shareholder of Italian media giant Mediaset, and owned the football club AC Milan from 1986 to 2017. More follows Read More Reports: Former Italian Premier Berlusconi readmitted to hospital 3 weeks after release Mapped: Ukraine claims four villages captured in first gains of counteroffensive British girl killed during barbecue in France as father fights for life – latest
1970-01-01 08:00
Silvio Berlusconi obituary: Italy's flamboyant bounce-back politician
A media mogul who went into politics, he survived several corruption allegations.
1970-01-01 08:00
Nomura to Scale Back Loss-Making Brokerage Venture With Line
Nomura Holdings Inc. plans to scale back a brokerage venture with messaging app operator Line Group amid a
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Chinese airline defends flight attendant weight restrictions after backlash
Chinese carrier Hainan Airlines has defended imposing weight requirements on flight attendants after reports of the new policy went viral on social media and sparked a public backlash.
1970-01-01 08:00
Credit Suisse's Exit From Stock Benchmark Shows Fading Heft of Swiss Financials
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1970-01-01 08:00
British girl, 11, shot dead as she played on swings in family home in France
An 11-year-old girl from a British family was shot dead in France while her father was seriously wounded following the attack. The girl was playing on the swings while her family was enjoying a barbecue in their garden on Saturday night when a neighbour fired several shots at them. The incident happened at around 10pm local time in the village of Saint-Herbot in Brittany, western France. The suspect – a 71-year-old Dutch national – was arrested along with his wife, prosecutors said. Her father, who was reportedly shot in the head, is in a critical condition at a hospital. Her mother received non-life-threatening injuries. The girl’s eight-year-old sister managed to escape unhurt but was left in a state of “shock” after witnessing the shooting. A British foreign office spokesperson said they were providing assistance to the family. “We are providing consular assistance to a British family following a shooting in France and are in contact with the local authorities,” a statement said. Carine Halley, a prosecutor in Brittany’s Quimper, said the child died immediately and the father was rushed to the hospital in a critical condition, according to The Times. She said initial evidence suggests "the suspect suddenly emerged armed with a gun and fired several times towards the victims” and shut himself in his house along with his wife. “The motives for this tragedy are not yet known. It appears there had been a conflict between the two neighbours for several years over a piece of land adjoining the two properties,” Ms Halley said. Marguerite Bleuzen, the mayor of Plonévez-du-Faou, said the attack was believed to be in connection to a land “dispute between neighbours” from past three years. “We knew the family well. There is a village fete every year and they always came,” she said. “It’s completely incomprehensible to have shot a child. This happened without any warning,” she added. “Nobody can understand how this could have happened.” A local resident said that the younger girl raised the alarm after the shooting, shouting: "My sister is dead, my sister is dead". “We heard noises and thought they – either the children or the parents – were playing with fireworks. Then the youngest girl came running to the neighbours shouting,” the neighbour who was not named said. “We went and saw the girl was dead and her father and mother were injured.” The killing of the British girl comes just days after another three-year-old British girl was among four children and two adults who were stabbed in a park by a man in Annecy in eastern France. Read More Man accused of knife attack on four children in Annecy held on attempted murder charges British girl stabbed in knife attack can leave hospital soon, prosecutors say France details huge security for Paris' gargantuan 2024 Olympic opening ceremony British girl killed during barbecue in France as father fights for life – latest Biden to host outgoing NATO secretary-general Stoltenberg as competition to replace him heats up Finucane: Right to commemorate the dead must apply to every section of society
1970-01-01 08:00
France shooting – latest: British girl killed during barbecue in Brittany as father fights for life
An 11-year-old girl from a British family has been shot dead in France and her father is fighting for his life following an attack on Saturday night. The girl was reportedly playing on the swings while the family was having a barbecue in their garden in the village of Saint-Herbot in Brittany, western France, when a neighbour allegedly fired several shots at them at around 10pm local time. The suspect – a 71-year-old Dutch national – was arrested along with his wife, prosecutors said. The child’s father, who was reportedly shot in the head, is in a critical condition at a hospital, while her mother received non-life-threatening injuries. The girl’s eight-year-old sister managed to escape unhurt but was left in a state of “shock” after witnessing the shooting. According to a local resident, she raised the alarm, shouting: "My sister is dead, my sister is dead". The killing of the British girl comes just days after another three-year-old British girl was among four children and two adults who were stabbed in a park by a man in Annecy in eastern France. Read More British girl, 11, shot dead as she played on swings in family home in France Man accused of knife attack on four children in Annecy held on attempted murder charges British girl stabbed in knife attack can leave hospital soon, prosecutors say
1970-01-01 08:00
