London (CNN) - In many ways Italy is a tale of two countries.
Living standards in the north are pretty high while chronic unemployment dogs parts of the south. Successive governments have failed to bridge the economic gap despite numerous rounds of devolution. To this day, the north-south divide remains raw in the minds in the minds of many there.
Now Mario Monti has been nominated to succeed Silvio Berlusconi as prime minister, the gulf between Italy’s current and future leaders is likely to be almost as large.
(CNN) – Investor Jim Rogers says Europe needs to "start over" to wipe out decades of mistakes and reboot its economy.
Rogers, speaking to CNN's John Defterios, said Europe needed to allow some institutions to fail in order to ensure the system survived.
The process would be "painful, it's going to hurt a lot but after two or three years we will start over from a very strong and renewed base," he said.
He said the euro is a "good thing" and troubled economies such as Greece should remain under its umbrella. "I would stay in, I would take the lumps, I would take pain, I would have huge write offs but I would stay in if I were those countries."
However, he said Europe could be facing a lost decade.
(CNN) –Today, November 11, 2011 or 11/11/11, marks the second to last repetitive date of its kind this century—12/12/2012 will be the last—and around the world weddings, births, the Egyptian pyramids and even corduroy are being influenced by the supposed cosmic significance attached to this date.
The date, which happens to be Veterans Day in the U.S. and Remembrance Day in Commonwealth countries, is a perfect palindrome and occurs only once a century.
Couples all over the world are scrambling to get married on this supposedly auspicious date. In Las Vegas, the Clark County clerk’s office has already received 3,500 applications for marriages on November 11; usually there are only 1,000 applications per month, the International Business Times reported. FULL POST
New York (CNN) – I have never met anyone who was shot nine times at point blank range.
I wasn't sure what to expect from rapper 50 Cent. I went to interview him about his new energy drink Street King. 50 Cent has linked the product to the United Nations World Food Program, promising to donate one meal for every bottle sold. It is an ambitious goal, but then Curtis "50 Cent" Jackson is an ambitious man.
Ambitious and, as I discovered, very nice. Yes, nice. In fact, it was hard to reconcile the scowling ripped rapper whose album “Get Rich Or Die Tryin'” went multi-platinum, with the soft-spoken, suit-wearing CEO sitting in front of me.
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