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Italian Prime Minister Giorgia Meloni is visiting Libyan capital Tripoli on Saturday, as part of an effort to bolster energy and migration ties with the north African country. → Read More
Italian President Sergio Mattarella rejected Mario Draghi’s offer to resign as prime minister on Thursday in a bid to avert a political crisis that would unsettle financial markets and potentially lead to elections in the fall. The move by Mattarella, which is not unprecedented in Italy’s byzantine political system, leaves the door open for a solution that would see Draghi leading the government… → Read More
Italy’s government plans further measures to cushion the impact of high energy prices, including extending a fuel tax holiday to the beginning of October, Il Messaggero newspaper reported. → Read More
The European Union continues to buy natural gas from Russia even as it tries to cripple its economy with sanctions. → Read More
Italy’s parliament will vote twice on Friday to elect a new president, as the lack of progress after four days of inconclusive ballots adds to pressure to end a process that’s left the country in limbo. → Read More
The Italian government asked a group of top business leaders not to meet virtually with Russian President Vladimir Putin, as Germany and France pursue efforts to broker a peaceful resolution to the tensions over Ukraine. → Read More
Mario Draghi isn’t officially on the ballot as Italian lawmakers move to pick a new president, but he’s without doubt a top contender. → Read More
Prime Minister Mario Draghi said the Italian government’s priority is to avoid closing schools and blamed those yet to get vaccinated against Covid-19 for the nation’s pandemic woes. → Read More
France and Italy have called for more favorable treatment of investments that foster long-term growth, marking the opening move in what could be a battle to overhaul the European Union’s fiscal rules. → Read More
Italian Prime Minister Mario Draghi singled out the U.K.’s handling of the Covid-19 pandemic as a great example -- of what not to do. → Read More
Italy will eventually make vaccination compulsory, Prime Minister Mario Draghi said at a press conference in Rome on Thursday. → Read More
Italy will restrict many leisure activities for citizens who aren’t vaccinated against Covid-19 or haven’t recently tested negative for the virus, amid a surge of delta variant infections. → Read More
Group of 20 finance ministers are poised in their communique this week to endorse a global tax overhaul and call for finishing work on the details of the accord by October, according to people familiar with the discussions. → Read More
International borders have reopened. Here’s a local’s take on what to expect when you get there. → Read More
A former central banker is in charge, but austerity is not on the menu. → Read More
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. When Christine Lagarde conducts a rethink of the European Central Bank’s policies and tools during her impending presidency, her new Austrian colleague will be keen to contribute.“I look → Read More
2019 is shaping up to be a testing year for the world economy. Bears say bubbly credit markets, protracted trade wars and uncertain politics will put the brakes on growth. → Read More
It’s July 26, 2012. In financial markets, a dark storm is brewing, but on this Thursday morning it’s as if London doesn’t care: The sun bathes the waking city in golden light. Lancaster House, a Georgian mansion that sits between Buckingham and St. → Read More
The world’s major economies that entered 2018 accelerating in sync risk entering 2019 decelerating in sync. The shift is being led by China, where the economy’s weakest performance since 2009 is set to worsen unless a peace can be struck in the trade war with the U.S. → Read More
(Bloomberg) -- Global finance chiefs used the closing sessions of talks in the tropical resort of Bali to hammer home the message that simmering trade tensions are already denting global growth and need to be resolved. → Read More