At the G20 summit in Mexico European leaders have agreed on a deal which will see Spain and Italy being bailed out using a €750 billion bail out fund. In the deal European governments will buy up Italian and Spanish debt, in effect transferring the debt to other countries within the eurozone; instead of bailing out the individual governments.
This is a step towards the issuing of eurobonds, which would in effect be under written by Germany
For further information: The Telegraph
BOMB BLAST AT ITALIAN SCHOOL – MAFIA SUSPECTED – ONE DEAD SEVERAL INJURED
The mafia are believed to be behind a bomb blast outside a school in southern Italy.
One girl was killed in the attack, and many more suffered terrible injuries.
Police say the attack was planned to kill.
The school was named after the wife of a famous Italian judge who worked against the mafia
The judge and his wife were both killed 20 years ago in Sicily.
The attack is thought to be revenge for a number of mafia arrests in the region and to mark the anniversary of the judge’s death.
We reported earlier this year that in terms of liquidity the mafia can be thought of as the biggest bank in Italy,
And remains a powerful force in the county.
After socialist candidate Francois Hollande won the French Presidential elections, markets fell across the world.
Hollande is France’s first socialist President in 17 years. He won on the promise of a move away from austerity, more government spending, and high taxes on the rich.
Businesses in France are concerned, with many wealthy French planning to move to London.
Hollande’s victory could also bring about division at the heart of Europe, as German Chancellor Angela Merkel has repeated calls that austerity must be stuck to. However, the southern European nations of Italy, Spain and Greece hope that Hollande will side with them in a move away from austerity.
For many, say Italy and all that comes to mind is pizza, pasta, and perhaps the Pope.
We have already taught on the significance of Rome, in particular via the influence of Vatican City, the Catholic church and the spirit of religion. However, as we have entered the region God has shown us more significant issues in Rome, and Italy.
Surprisingly, Rome is a key media city with global significance. Many blockbuster movies have been made in movie studios around Rome, for example Martin Scorsese’s “Gangs of New York” .
Italian films have also had an impart in their own right. This is now being celebrated by a new album by The long-anticipated brainchild of producer-composer Danger Mouse and Italian composer Daniele Luppi. Both artists share a love Italian cinema, and have used Italian movie sound tracks to inspire this new collection. They have enlisted the writing and vocal talent of Jack White, of White Stripes; and the talented Norah Jones for vocals. The album, Rome, has been met with much critical acclaim; and reflected the rich movie heritage of Italy.
Furthermore, the latest rapping talent to catch the attention of the critics is a 22 year old Gomo Tulku, who currently lives in Tuscany, Italy. Gomo Tulku was born to Tibetan parents in Canada, but spent most of his childhood in Utah, USA. His name at birth was Tenzin Dhongha, but from an early age he was stopped by the Dalai Lama who pronounced he was a “tulku”- a special miracle being. His name was changed to Gomo Tulku, the name of his grandfather, who he is believed to be the reincarnation of. The first Gomo Tulku was one of the leading Tibetan teachers of his generation. Tenzin was taken to a South Indian monastery to be educated in the teachings of the Lamas. He is now a Tibetan monk, who lives in Tuscany where he has a group of followers. The young monk, looking cool, handsome, and western is realising a rap single. This is a young man who from his birth has been systematically demonized, and is now being tipped to make quite an impression. The music industry has their eye on him, but much is expected of him “spiritually” as well. Do you want your teenager rapping along to music inspired by Tibetan Buddhist spirits?
What is more we have discovered in 2009 the Dalai Lama was made a citizen of Rome by the mayor of the city. In a ceremony in Rome, The Dalai Lama bestowed upon the mayor his white scarf. The acceptance of these scarfs is giving the spirit of the Dalai Lama access to you. The honor of citizenship, grants the Dalai Lama a position of authority over the city. However, encouragingly, the Italian Premiere Silvio Berlusconi declined a meeting with the Dalai Lama during the visit, which offended Italian MP MPs Matteo Mecacci.
Italy may not be making global headlines. It may not appear to have the global significance of many other places. However, the spirit over Italy quietly affects the media in ways we cannot see. The Buddhists have recognised Italy as a place of importance- they have positioned their next generation leading light there. There is more to Italy than pizza, pasta and the Pope! This is a key gateway location which needs spiritual protected. Partner with Prophet TV, as we seek to establish a gateway in Rome. We are seeing the demonic coming up fast, the battle is engaged, it is time to be serious about where and what you support.