Monday, 22 October, 2018

Euro Plummets Near Seven Week Low On Italy Budget Distress

Populist Minister Salvini Claims ‘Speculators Like Soros’ Are Behind Economic Attack on Italy		TIZIANA FABI  AFP  Getty8 Oct 2018 Populist Minister Salvini Claims ‘Speculators Like Soros’ Are Behind Economic Attack on Italy TIZIANA FABI AFP Getty8 Oct 2018
Pablo Mccormick | 11 October, 2018, 09:52

Speaking with right-wing Italian Interior Minister Matteo Salvini by her side, Le Pen said Bannon is not European, but rather an American who wants to create a think tank to offer research to nationalist parties in Europe.

Per a report, European commissioner Pierre Moscovici expressed his discontent at the Italian government, saying "the Italian Government presented a government budget with a 2.4% deficit not only for this year but over the next three years to come which is a significant deviation to what was committed before".

Local stocks fell for a third day, with the FTSE-MIB Index of shares sliding as much as 2.5% to the lowest level since April 2017.

Di Maio over the weekend promised the ballot will be an "earthquake".

Ross Barkley reveals World Cup 2018 frustration following England recall
Southgate even invited Arsenal academy product Eddie Nketiah and Bristol City's Lloyd Kelly to train with the first team.

The start of this week witnessed yet another spike in Italian bond yields, as the country's coalition government continued to grapple with the details of its 2019 budget. He's in Berlin Monday for talks with officials including Economy and Energy Minister Peter Altmaier. "It will be the emergence of a Europe of nations, a Europe of respect, a Europe of protection", she said, referring to the EU Parliament vote.

"The EU is built on a lot of promises ... but very few achievements and results (...) quite shabby", she assured.

"What we see is worrying", Klaus Regling, the head of the European Stability Mechanism, said in an interview with Bloomberg Television.

Mr Salvini, leader of the nationalist League party, attacked the European Commission and its senior figures and pledged to use next year's European elections fight back with a populist "front of freedom".

US stocks suffer worst loss in eight months as tech companies plunge
Meanwhile struggling retailer Sears was in focus as the Wall Street Journal reported that it was preparing to file for bankruptcy. The Nasdaq composite , which has a high concentration of technology companies, had its biggest loss in more than two years.

However, once the Commission receives a draft budget plan in a little under a week's time, it could force an European Union member nation to make revisions - for the first time in the bloc's history.

Italy closed its services to an unauthorized aircraft that carry migrants from Germany, said the interior Minister of Italy Matteo Salvini, in the course of a discussion with European Union partners on the topic of distribution of responsibility for asylum-seekers, reports the Daily Mail.

Addressing a parliamentary commission, Tria said fears over next year's budget plan were unjustified.

Hurricane Michael with 155 miles per hour winds makes landfall in Florida
Maximum sustained winds were at 155 miles per hour , which is a very strong category four hurricane. The 1 p.m. advisory on Hurricane Michael is out, and not much has changed from the previous report.

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