Italian Senate Committee Votes to Expel Berlusconi

A cross-party Italian Senate committee on Friday voted to recommend that center-right leader Silvio Berlusconi be expelled from the Senate following his conviction for tax fraud in August.

The proposal for Berlusconi’s expulsion, taken by a majority decision by a committee dominated by the former prime minister’s political opponents, will have to be ratified by a vote of the full Senate which is expected within the next three weeks.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza