Italy’s New Government Approval Rating Plummets From 43% To 34% In Three Weeks, Protests Return

It was less than a month ago that the new Italian government of the pseudo-technocrat Letta, of Bilderberg 2012 and Aspen Institute fame, was voted in by a majority of the PD and the PDL parties (the latter agreeing so Berlusconi would get an extension of his much needed political immunity from assorted prison sentences). It may not last too long. As Reuters reports, it took just 20 days for Letta’s approval rating to plunge by [...]

China’s new premier ‘to cut economic control’

Li Keqiang said he would open the economy to market forces and strip power from the state in an effort to help China grow by 7.5pc a year until 2020.

“It’s about cutting power, it’s a self-imposed revolution,” he said. “It will be very painful and even feel like cutting one’s wrist.”

Mr Li on Friday replaced Wen Jiabao as the man in charge of the superpower’s day-to-day running for the next [...]

General Motors gets go ahead to build Chinese factory, shift production to China:

General Motors Co, the world’s biggest automaker, is poised to receive approval to build a 7 billion yuan ($1.1 billion) factory in China, according to a provincial government statement.

The plant, operated by GM’s passenger-car venture with SAIC Motor Corp, will have an annual production capacity of 300,000 vehicles and will be located in the central city of Wuhan, the Hubei Environmental Protection Bureau said on its website. Shanghai GM is [...]

AL SHARPTON’S MSNBCCOMCAST TIES RAISE EYEBROWS

Last year, Comcast was lining up the Rev. Al Sharpton to lobby for its bid for NBCUniversal. This year, the cable news channel owned by NBCUniversal, MSNBC, is weighing whether to make him a daily television host.

The possible transition for Mr. Sharpton — from political influencer to television talent — highlights the complex relationships that can arise when cable news channels employ activists who take [...]

Gas Prices, Debt to Dominate Congress

From CNBC:

WASHINGTON – The Congress returns to work on Monday to begin negotiations in earnest on the government’s jumbo-sized debt, even as Republicans and Democrats trade blame for soaring gasoline prices.

Tamping down voter anger over rising prices at the pump has emerged as a top priority for the White House, which has seen President Barack Obama’s approval ratings take a beating during Congress’s [...]

CHURCH MEMBERS DETAINED AFTER TRYING TO HOLD EASTER SERVICES IN CHINA

From AFP:

BEIJING — Up to 30 members of a Chinese evangelical church were arrested on Sunday for trying to hold an Easter service in defiance of the officially atheist government, a member of the clergy said.

A large number of police began to gather early Sunday in the Zhongguancun area of Beijing where the Shouwang Church had said it would hold an outdoor service to mark [...]