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What’s next for Italy? The post-election scenarios

Italy’s general election has resulted in a hung parliament in which no single party or coalition commands an overall majority, leaving few options for any new government. The prospect of a grand coalition between Silvio Berlusconi’s Forza Italia (Go Italy) party and the ruling centre-left Democratic Party, envisaged before the vote, …

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Dumping U.S. debt, a possible weapon in global trade war

U.S. President Donald Trump’s plan to slap stiff tariffs on imported steel and aluminum has rattled financial markets and stirred fears that some trading partners might retaliate by dumping U.S. Treasuries. Should China, Japan and other nations, which have recycled their trade dollars through their Treasuries holdings, suddenly decide to …

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Juncker and May agree on EU divorce package

Brussels claimed Theresa May had opened the door to ‘soft Brexit’ tonight as her divorce deal was branded a £40billion (around $50 billion) ‘humiliation’. After a frantic night of negotiations, a bleary-eyed PM and Jean-Claude Juncker confirmed the ‘breakthrough’ had been achieved at an early morning press conference. The two …

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