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WATCH THE ITALIAN REACTION TO FIAT’S POSSIBLE TAKEOVER OF CHRYSLER & GM EUROPE

Diana Magnay reports in this CNN video on a relative outpouring of Italian pride at the thought of little Italy controlling large American firms. Chrysler and GM Europe (Opel, Vauxhall, Saab) could soon be under Torino’s wing.

Take special note of the talk surrounding Jeep and remember the phrase, “mountain of debt”. And to which company Magnay applies such a phrase.

Embedded video from CNN Video

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Day 233 — Houthi strike kills 53+ at a Shabwa camp (Yemeni officials). The strait remains closed.
Day 233: Yemeni officials say a Houthi missile strike on a Shabwa training camp killed at least 53 soldiers; Riyadh reports a missile intercepted.
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