Berlusconi today really outdid himself.  First, he said he would be available to "give Obama advice"…  yeah right!  But what really caught people’s attention was this phrase, commenting on Obama, saying that he’s

bello, giovane e abbronzato

In other words, he’s "good looking, young, and has a nice sun tan".  I think no further comment is necessary.

This one from the Corriere della Sera, a widely respected, centrist newspaper, is actually worse, but as far as I can tell, attributable to being a bit clueless about colloquial American English, rather than actually malicious.  Translated, it says "wow, nice cabin, Uncle Tom".