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Listen up, beer lovers, you’re going to love this! A new study out of Italy suggests that moderate consumption of beer decreases the risk of heart disease by 31 percent. Beer has now joined wine as another alcohol with positive health benefits. The study, based on the data from over 200 thousand people’s drinking habits, found no benefit to the consumption of spirits.

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In Italy, a judge dealt a massive blow to organized crime on Monday when he sentenced 110 mafia mobsters to more than a thousand years behind bars. The accused, all members of the notorious ‘Ndrangheta’ clan, had each been charged with an all-encompassing accusation of “Mafia association”.

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Credit Agency Standard & Poor’s has cut Italy’s sovereign debt rating by one level, from A plus to A. S&P justified its decision citing Italy’s weak growth and criticized Rome’s response to the debt crisis so far. Following the announcement, European markets opened marginally lower, but then rose in morning trading

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