Italy

Rescue of Four Italian Banks Creates Anxiety for Investors

Rescue of Four Italian Banks Creates Anxiety for InvestorsLast month, Italy rescued four small lenders Banca Marche, Banca Etruria, CariChieti and CariFe under new European Union rules which move

Italian Economy Once Again Slides Back Into Recession

Italian Economy Once Again Slides Back Into RecessionThough the holidaymakers of Italy may be having a good time yet the countries newly elected Prime Minister has a difficult time ahead as Italy slips back to recession.

Woman robbed of $2000 as bandits convince her that the money was infected

Woman robbed of $2000 as bandits convince her that the money was infectedAn Italian retiree has been robbed of her reserve funds in the wake of being defrauded and her robbers let her know that the banknotes she was carrying were infected with a fatal infection.

Following this the old woman in her 80s willingly handed them the entire sum of $2000 believing contaminated hence dangerous to her health.

Engineers Set Stricken Costa Concordia Ship Upright

Costa-Concordia-ShipFinally, engineers have set the stricken Costa Concordia ship upright in Italy. Though the job involved a hard work of an entire day and night, it is finally done.

Discovery of Neutron Star by Scientists

Discovery of Neutron Star by ScientistsA curious kind of dead star has been discovered by a group of scientists. It is being claimed that the star covers one of the most powerful magnetic fields in the universe.

The newly discovered thing has been dubbed as SGR 0418+5729, which reportedly, is a magnetar. The team said that it was somewhat a neutron star.

Robotic Plant on Its Go at Italian Institute

Robotic Plant on Its Go at Italian InstituteA group of researchers from the Italian Institute of Technology in Genoa has claimed lately that it is near to the development of a completely new system. The same could imitate the behaviour of the roots of plants.

The project has been dubbed Plantoid. It is being said that the robot would be a counterpart to plants. It would be growing roots in the same manner as a plant does.

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