By Username
Enter a URL of an MRSS feed

He wasn't present to hear the verdict. An Italian Senate Committee has recommended throwing Silvio Berlusconi out of parliament, stripping him of his parliamentary immunity, after his conviction for tax fraud. The decision now needs to be ratified by the full Senate within the next three weeks. Berlusconi's card has been marked since early August, when Italy's top court found him guilty of a massive tax fraud scheme at his Mediaset television empire. The vote comes at the end of a turbulent week in Italian politics, which saw Berlusconi forced into a humiliating climbdown following a revolt within his PDL party, which meant he had to back Prime Minister Enrico Letta in a confidence vote. Simon Derrick is from Bank of NY Mellon. SOUNDBITE: Simon Derrick, Senior Currency Strategist, Bank of NY Mellon, saying (English): "Clearly there was a degree of sympathy for him after his ouster in 2011, that has obviously gone away almost entirely. And with