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The New York stock market reacts to events in Italy
Meanwhile, US sends its first charge d’affaires to Venezuela in seven years after Maduro kidnapping
BANKERS warned today that Italians have no choice but to accept a government that agrees to play by the European Union’s economic rules.
The Milan stock index was down nearly 3 per cent, weighing particularly hard on banks, and Italian bonds suffered a plunge reminiscent of the worst days of the financial crisis of 2011.
The government’s borrowing rate for two-year money more than doubled by over 1.5 percentage points to 2.4 per cent, indicating a surge in investor concern.
Starmer sabotaged Labour with his second referendum campaign, mobilising a liberal backlash that sincerely felt progressive ideals were at stake — but the EU was then and is now an entity Britain should have nothing to do with, explains NICK WRIGHT
Our two-tear Chancellor’s woes at PMQs caused a multimillion-pound sinking feeling on the bond market, writes ANDREW MURRAY
On the 80th anniversary of liberation from Nazi-fascism, left forces in Italy mobilise against genocide, armament, and the Meloni government, reports ANA VRACAR
