Connect to share and comment

Horse race fires up troubled Tuscan city

For residents of Siena -- a Tuscan city rocked by financial scandal and economic crisis -- summer horse races offer a welcome respite to the doom and gloom. The famous Palio race on the spectacular Piazza del Campo is held twice a year in July and August and pits traditionally rival neighbourhoods against each other. In Friday's race, the horse riding for the Onda quarter, or contrada, came first in an exhilarating spectacle lasting just over a minute.

Italy's crisis-hit Monte dei Paschi: half a millennium in banking

* Bank was founded more than 500 years ago * Dominates life in and around Siena * Trading losses could reach nearly $1 billion By Silvia Aloisi SIENA, Italy, Jan 25 (Reuters) - When the Monte dei Paschi di Siena bank was founded in 1472, Michelangelo was not born, Columbus had still to discover America and Henry VIII of England had yet to split from the church of Rome.
Syndicate content