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Fact & Stories

Italy Balks at Saudi Entry Into La Scala Opera Theater

After lengthy and delicate negotiations, Italy is backing out of having Saudi Arabian oil money finance the La Scala Opera Theater in Milan --and is returning a $3.5 million advance.

Improving the Image of Italian Wine

Maurizio Forte, director of the Italian Trade Agency in New York, explains to the press the data on Italian wine exports to the USA

President Giuliano Amato: The Authority of the EU Still Exists, Even Populists Know It

Former Italian Prime Minister and Professor Emeritus, President Giuliano Amato - who received the "GEI Friendship Award" during a luncheon at Il Gattopardo restaurant - discusses how “the revolt of the losers of globalization” has lead to the rise of populism, not only in Italy, but across Europe and beyond, arguing however that “the authority of the European Union still exists” meaning there is “hope that the future might be better than what you think.”

Mimosa May Fade but Italian Women Don't

Even as the mimosa blossoms fade, the women do not, and it is noteworthy that, well after International Women's Day was celebrated March 8, interest in the world of Italian women continues.

March 8, Scuola d'Italia Celebrates Women at Its Annual Gala

The International Women’s Day and "Excellence in Education" are the main themes of the Benefit Gala 2019 organized by La Scuola d’Italia Guglielmo Marconi. The school will celebrate three "Women of Distinction": i-Italy founder and editor-in-chief Letizia Airos, Maria Tamburri (NOIAW - The National Organization of Italian American Women ) and Ivana Lo Stimolo (New York Italian Women). With their work, their passion, creativity and entrepreneurship, they are considered a source of inspiration for future generations of women. Special honorees the rectors of Bocconi University and LUISS Guido Carli. Over 350 guests will attend the funding event At Cipriani Wall Street.

Dacia Maraini, Memories From a Japanese War Camp

The world-renown author Dacia Maraini and her niece, film director Mujah Maraini-Melehi, discuss the importance of remembering the past and prevailing over hatred at the screening of "Haiku on a Plum Tree," a delicate but powerful documentary about the story of the Maraini family’s imprisonment in a Japanese concentration camp during the Second World War, presented at NYU Casa Italiana Zerilli-Marimò.

Using Deferred Cash Bonus to Retain Employees

One issue plaguing the some industries has been labor shortage. This has been a hot topic the last few years and is likely to continue in 2019 as companies continue to earn higher and higher revenues and maintain healthy and growing backlogs. One difficulty has been finding and retaining the labor necessary and part of the issue is voluntary turnover of key employees.

Sour Notes From Sanremo Festival Linger in the Air

Watched by at least 12 million TV viewers, the annual Sanremo Festival was a "magical week." In May the winner, Mahmood, will represent Italy at the the Eurovision Song Festival at Tel Aviv. But a few sour notes from the festival that began Feb. 5 still linger in the air.

Rising on the Roman Skyline, Spires of Europe's Largest Mormon Temple

The Mormons who first came to Italy from the US in 1850 could never have dreamed that their evangelical heirs would build a huge new temple in Rome itself, with a visitors center and a family history center. Temple inauguration is this March.

"Solid" Italian Economy Wins Positive Fitch Rating

In the words of Premier Giuseppe Conte, the latest Fitch Ratings signal the "solidity" of the Italian economy. And to maintain that solidity requires the country's continued support of the European Union, adds Mario Draghi, president of the European Central Bank (BCE).

Every Child Loves La Scuola

This Italian immersion school in San Francisco started as a playgroup in 2002 and now counts 320 children. Director Valentina Imbeni: "Parents from different backgrounds chose us not only because they love Italy and Italian culture but also because we are inspired by the Reggio Emilia educational approach and are the First International Baccalaureate (IB) K8 World School in the city."

Only 10 Percent of Americans Love to Cook... Oh My!

Futurist Eddie Yoon shared alarming data at a panel discussion with the Gotha of Italian specialty food in New York: younger generations want to cook less and less, in 20 years they won’t probably even drive to a restaurant but they will prefer to have their meals delivered at home, and they want to be fed as quickly as possible without waiting or staying in line. Is it real? Is the food industry ready for this? The panelists of Italian Table Talks, organized by Gruppo Italiano at the NYU Casa Italiana Zerilli-Marimò, had different thoughts about it.

Elena Favilli, Rebel Girl With a Mission

When you hear the story of Elena Favilli and how she got to publish her series of books Good Night Stories for Rebel Girls, two things come to your mind: first, she might as well be featured in one of these best-sellers dedicated to strong female role models, secondly, everybody, even boys, should get to know and appreciate the fearless women portrayed in these books, a literary phenomenon that over three years has been translated into 48 languages (the Chinese version will be released soon) and sold about 4 million copies.

Roger Cohen: Nationalists in Italy and US? I Believe in the Power of Democracy

The New York Times columnist can be both passionate and rational when he talks about two countries that he loves, Italy and the US. Although in these nations “things can sometimes go to hell,” he firmly believes in the strengths of democratic institutions and therefore in a better future: “America is an idea or it is nothing.”

To TAV or Not to TAV, That is the Question

To TAV or not to TAV -- that is the question. Turin and its Alpine valleys are settings for demonstrations both for and against, in an issue that divides the government, and risks bringing costly EU sanctions down upon Italy's head.

ACCOUNTING TODAY. Important Tax Update on QBI and Trusts

The Tax Cut & Jobs Act of 2017 provided a new Section 199A deduction on qualified business income for certain pass through entities (sole proprietorships, partnerships & S corps). This deduction, which is generally 20% of QBI with certain limitations, is temporary and expires at the end of tax year 2025.

Rome, Among World's Cities Safest From Violent Crime

News from a top Italian prosecutor that Rome is among Europe's safest cities has resounded beyond Italy. In the Eternal City the number of intentional homicides has fallen by half. But other problems persist, from corruption to cocaine.

1938: Diversi Premiers in the US on International Holocaust Remembrance Day

Immediately following International Holocaust Remembrance Day 2019 premiere in the United States at the Embassy of Italy

Remembrance Day and the Fear of the "Others"

For a decade, the Consulate general has organized this annual public reading to remember the about 3000 people who were forced to leave Italy often among indifference. We asked people and authorities who attended the commemoration why it is important to remember. “Not to repeat” was the common response. Yet the fear of the “others” and indifference seem still present beyond the rhetoric.

We Need More Ecological Bridges

Recent studies have shown the detrimental consequences on the environment, especially because impoverishing the fauna and flora. The transition between the fragmented areas becomes very difficult and dangerous for animals, from the smallest of the insect to the bigger mammal. In Italy we have some great examples of bridges and ecological passages for the benefit of the environment