- Global stocks struggle after Fed signals slower rate cuts
- UK economy slows, hitting government growth plans
- Primary schools empty as smog persists in Indian capital
- Palestinians turn to local soda in boycott of Israel-linked goods
- Typhoon Man-yi bears down on Philippines still reeling from Usagi
- UK growth slows in third quarter, dealing blow to Labour government
- Chris Wood hits quickfire double in NZ World Cup qualifying romp
- Markets struggle at end of tough week
- China tests building Moon base with lunar soil bricks
- Film's 'search for Palestine' takes centre stage at Cairo festival
- Oil execs work COP29 as NGOs slam lobbyist presence
- Gore says climate progress 'won't slow much' because of Trump
- 'Megaquake' warning hits Japan's growth
- Stiff business: Berlin startup will freeze your corpse for monthly fee
- Wars, looming Trump reign set to dominate G20 summit
- Xi, Biden attend Asia-Pacific summit, prepare to meet
- Kyrgios to make competitive return at Brisbane next month after injuries
- Dominican Juan Luis Guerra triumphs at 25th annual Latin Grammys
- Landslide win for Sri Lanka president's leftist coalition in snap polls
- Australian World Cup penalty hero Vine takes mental health break
- As Philippines picks up from Usagi, a fresh storm bears down
- Tropical Storm Sara pounds Honduras with heavy rain
- Pepi gives Pochettino win for USA in Jamaica
- 'Hell to heaven' as China reignite World Cup hopes with late winner
- Rebel attacks keep Indian-run Kashmir on the boil
- New Zealand challenge 'immense but fantastic' for France
- Under pressure England boss Borthwick in Springboks' spotlight
- All Blacks plan to nullify 'freakish' Dupont, says Lienert-Brown
- TikTok makes AI driven ad tool available globally
- Japan growth slows as new PM readies stimulus
- China retail sales pick up speed, beat forecasts in October
- Asian markets fluctuate at end of tough week
- Gay, trans people voicing -- and sometimes screaming -- Trump concerns
- Argentina fall in Paraguay, Brazil held in Venezuela
- N. Korean leader orders 'mass production' of attack drones
- Pakistan's policies hazy as it fights smog
- Nature pays price for war in Israel's north
- New Zealand's prolific Williamson back for England Test series
- Mexico City youth grapple with growing housing crisis
- After Trump's victory, US election falsehoods shift left
- Cracks deepen in Canada's pro-immigration 'consensus'
- Xi inaugurates South America's first Chinese-funded port in Peru
- Tyson slaps Paul in final face-off before Netflix bout
- England wrap-up T20 series win over West Indies
- Stewards intervene to stop Israel, France football fans clash at Paris match
- Special counsel hits pause on Trump documents case
- Japan's Princess Mikasa, great aunt to emperor, dies aged 101
- Cricket at 2028 Olympics could be held outside Los Angeles
- Trump names vaccine skeptic RFK Jr. to head health dept
- Ye claims 'Jews' controlling Kardashian clan: lawsuit
CMSC | -0.24% | 24.55 | $ | |
SCS | -0.75% | 13.27 | $ | |
BP | 1.65% | 29.05 | $ | |
GSK | -2.09% | 34.39 | $ | |
BCC | -1.57% | 140.35 | $ | |
RBGPF | 100% | 61.84 | $ | |
NGG | 0.4% | 62.37 | $ | |
BCE | -1.38% | 26.84 | $ | |
AZN | -0.38% | 65.04 | $ | |
RIO | -0.31% | 60.43 | $ | |
CMSD | -0.02% | 24.725 | $ | |
RYCEF | -4.71% | 6.79 | $ | |
JRI | -0.23% | 13.21 | $ | |
VOD | -0.81% | 8.68 | $ | |
RELX | -0.37% | 45.95 | $ | |
BTI | 0.2% | 35.49 | $ |
Berlusconi: Italy's scandal-plagued 'knight'
Silvio Berlusconi's bid for Italy's presidency was always a long shot, an audacious last throw of the dice by the scandal-plagued former premier who has dominated public life for decades.
The billionaire media mogul, who pulled out of the race Saturday, remains divisive in Italy and derided abroad, and is still embroiled in legal action over his infamous "Bunga Bunga" sex parties.
Berlusconi, 85, has also suffered a string of health issues, not least his hospitalisation with coronavirus in September 2020. His lawyers have cited illness as reasons to delay legal proceedings.
For many, he was an entirely unsuitable candidate for unifying head of state, with one politician calling his bid a "tragic joke", and few analysts believed he had the numbers.
The man dubbed "Il Cavaliere" (The Knight) insisted he had enough support but was pulling out in the interests of "national responsibility", adding: "I will continue to serve my country in other ways."
- Talent for self promotion -
Berlusconi's blending of politics, business and TV, his outspoken and often offensive views and talent for self-promotion have sparked comparisons with former US president Donald Trump.
Born in Milan in 1936, he started in the construction sector in his 20s, building up a huge media and real estate business, which included AC Milan football club.
In the early 1990s, poor investments saw his debts spiral and he entered politics, bursting onto the scene with a new party, Forza Italy ("Go Italy"), named after a football chant.
After his first election victory in 1994 he was premier for only nine months, but won again in 2001 after a US-style campaign in which he promised jobs and economic growth, signing a "Contract with Italians" live on television.
He served until 2006, and returned again as prime minister between 2008 and 2011, making him the longest-serving premier in Italy's post-war history.
Key to his charm was his glamorous lifestyle, bravado and promises of a low-tax, deregulated economy in which Italians might emulate his financial success.
For a decade, he was Italy's richest person.
To his critics, he was a tax-evading playboy who used his vast media empire to further his political career, and then exploited his power to protect his business interests.
On the international stage, he dallied with Libyan dictator Moamer Kadhafi and was close to Russian President Vladimir Putin.
With a typical lack of humility, Berlusconi has compared himself with Napoleon and Jesus Christ.
- Legal woes -
Prosecutors snapped at his heels throughout his time in office, even as his supporters in parliament passed laws to shield him and his allies.
Despite multiple court cases -- he claimed last year to have gone through 86 trials -- he never spent time behind bars and successfully appealed convictions for fraud and corruption early in his political career.
In 2013, Berlusconi faced his first definitive conviction for tax fraud, which saw him carry out community service in a care home for sufferers of Alzheimer's.
But he continues to face the fall-out of his parties at his villa near Milan, which had a private nightclub.
Berlusconi was sentenced to seven years in prison in 2013 for paying for sex with then 17-year-old Karima El-Mahroug, but this was later overturned after the judge said there was reasonable doubt that he knew she was underage.
In October last year, a court in Tuscany acquitted him of bribing a witness to lie about the parties, although related proceedings continue elsewhere.
A.Taylor--AT