Berlusconi Convicted in Corruption Case in Italy
Former Italian premier Silvio Berlusconi is sentenced to two years four months in prison for illegal contributions to Bettino Craxi's Socialist Party in 1991. In Milan reports say similar convictions for bribing tax inspectors and a separate film company deal exist, though suspensions are likely. Internationally, IMF and lenders agree on a 14.8 billion loan package for Russia to stabilize markets as Moscow awaits formal approval. A separate Italian judge in Trento drops manslaughter charges against a Marine jet crew tied to a Alps gondola disaster, with appeals planned. US prosecutors pursue charges against the jet crew in a separate case.
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