Sandro Botticelli’s iconic goddess of love in his 15th-century masterpiece “Birth of Venus” has now become a “virtual influencer” in a new Italian tourism campaign.
The campaign has sparked a widespread backlash — with critics arguing that the project plays into Italian stereotypes and disrespects the country’s cultural heritage. Some also point to the campaign’s poor execution, including a promotional video that features a winery in Slovenia instead of Italy.
IRS offering better picture on looming debt ‘X-date’
The funding Congress approved last year to shape up the beleaguered IRS has helped the agency catch up on processing new and backlogged tax returns and to allow the agency to provide a more precise picture of when the Treasury could run out of money — the so-called X-date. The nation is stepping uncomfortably close to an unprecedented default that could have catastrophic effects on the global economy because it is bumping up against its legal limit for borrowing.
Biden hopes strong job market means soft landing for economy
For President Joe Biden, the past few days have raised hopes that the U.S. economy can stick a soft landing—possibly avoiding a recession as the 2024 election nears.
Most U.S. adults have downbeat feelings about Biden’s economic leadership, as high inflation has overshadowed a strong jobs market. It’s long been economic orthodoxy that efforts to beat back inflation by the Federal Reserve would result in unemployment rising and the country sinking into recession.
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