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CNBC. If Italian Prime Minister Silvio Berlusconi left office, the market would lay off Italy, according to Nouriel Roubini, the founder of Roubini Global Economics. “I think Italy has to do it, fiscal austerity, and even if they do it, the markets are going to be nervous about the credibility if this government,” Roubini told CNBC. (Read the article)

TIME. No pets not allowed! That is the spirit of a new bill put forth by a member of the Italian Parliament that would erase all building regulations that forbid tenants from keeping pets at home. (Read the article)

THE WALL STREET JOURNAL. Italy's industry minister has dismissed widespread calls for Rome to speed up its timetable for passing budget-tightening measures, rebutting criticism that the Italian government's austerity package isn't tough enough to dig the country out of the euro-zone debt crisis. (Read the article)

VARIETY. The opening of George Clooney's "The Ides of March," complete with a six-course banquet buffet under tents, augured a return to the grand, old party style of the Venice Film Festival.But the lux turned to relaxed the next night for the opening of Madonna's "W.E." While the star had fans screaming outside as she strode the red carpet, there was no post-preem bash. (Read the article)