Berlusconi

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Sunday Roundup: Berlusconi a Loss for Comedians Everywhere

Yesterday's resignation of Italian Prime Minister Silvio Berlusconi is a loss to comedians everywhere. Which other world leader can possibly fill the void? It was easy to bid "avtio" to George Papandreou earlier this week. Aside from his comically large moustache, there was nothing very funny about the way he drove Greece into bankruptcy, while threatening to take the whole rest of the EU down with him. But give Berlusconi this: the guy steered his country to ruin with, well, not style exactly -- maybe chutzpah. It's one thing simply to overpay state workers -- quite another to host "Bunga Bunga" sex parties while your country burns.
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Loonie Edges Higher, Greenback Slides

TORONTO - The Canadian dollar closed higher Friday as the greenback weakened somewhat following a report that the Italian government is taking more measures to calm financial markets. The loonie was a...