Tyler Cadenas | October 10, 2018 The International Monetary Fund (IMF) has major disagreements with Italy’s plan to increase it’s borrowing next year. Italy currently borrows 130% of its GDP, second only to Greece in the EU. The IMF has pushed Italy to reevaluate its decision to increase borrowing rates. Critics of Italy’s government have claimed that failure to follow… Read more »
The International Monetary Fund has thrown its weight behind Brussels in its battle with Italy’s coalition government over plans to increase the indebted country’s borrowing in its next budget. The Washington-based lender of last resort, which is holding its annual conference in Bali this week, warned Rome to abide by the EU’s financial rulebook or risk a rebellion by investors… Read more »
https://www.independent.co.uk/prosecco-exports-italy-uk-fall-brexit-a8546406.html Exports of prosecco from Italy to the UK have fallen for the first time in more than 10 years, according to Italian agricultural association Coldiretti, which blamed uncertainty around Brexit for the decline. The group reported a 7 percent drop in the number of bottles exported to Great Britain, citing the “tensions caused by Brexit negotiations”, although it said… Read more »
Amidst the influx of Syrian refugees fleeing political persecution, looking for a new home has proven to come with some caveats. Germany has had several instances of anti-migrant activity: “A Syrian man has been brutally attacked in the German city of Wismar as clashes between anti-migrant demonstrators and counter-protesters sparked another night of violence. According to Rostock police, the 20-year-old… Read more »
(Al Jazzera) Twelve unaccounted for at hotel in Abruzzo region as second tragedy hits nearby: the crash of an emergency helicopter. Hopes faded that any more survivors of the devastating avalanche that buried an Italian resort hotel would be found after the death toll more than doubled to 17, with 12 people still unaccounted for. As Italy’s central Abruzzo region… Read more »