.......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... DEVELOPING STORY — This story will be updated as new information becomes available. ROME — Italy’s president gave populist politicians another chance Wednesday to try to form a coalition government after his naming of an interim leader roiled global markets that feared a new election would amount to a referendum on the euro. Carlo Cottarelli, the former International Monetary Fund official tapped Monday to be a neutral, temporary premier, said “new possibilities” had emerged for a government based on the results of the March election to run Italy rather than the government of technocrats he would direct. ADVERTISEMENT The two populist parties that prevailed in the March 4 vote — the euroskeptic 5-Star Movement and the right-wing League — … [Read more...] about Italy’s populists get another chance to form government
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Wall Street follows Italy higher after breakthrough in last-ditch attempts to form government
Five Star calls on Eurosceptic to step aside from finance minister candidacy New FinMin choice could clear the way for populist parties Stocks lifted by last-ditch attempt at forming government Italy could be out of the European Union before Britain How Italy faces a long summer of political turmoil Italy is the latest example of the EU stripping the people out of democracy Wall Street has echoed the recovery on the Italian markets on hopes that last-ditch attempts to form a government and avoid a second election would break the country's political gridlock. Milan's stock index, the FTSE MIB, jumped 2.1pc and Italian borrowing costs pulled back from six-year highs after populist party Five... To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium Access one Premium article per … [Read more...] about Wall Street follows Italy higher after breakthrough in last-ditch attempts to form government
Americans trust CEOs more than government: report
By Megan Henney Published May 30, 2018 Business Leaders FOXBusiness Facebook Twitter Comments Print video Americans trust business more than government? Edelman CEO Richard Edelman on perceptions of corporate America. A new study from public relations firm Edelman revealed that most Americans trust companies more than the government -- a sudden turnaround that’s thanks, in large part, to the increased openness of CEOs, according CEO and President Richard Edelman. Continue Reading Below “CEOs have changed,” Edelman told FOX Business’ Maria Bartiromo during an interview on Wednesday. “CEOs are more willing to talk with their employees, and not just shareholders.” Because of that, Edelman said more employees, many of whom are millennials, are looking toward these institutions as the central guiding points in their lives. And because millennials tend to want companies with a “purpose,” they … [Read more...] about Americans trust CEOs more than government: report
Italian assets surge after breakthrough in last-ditch attempts to form government
30 May 2018 • 6:24pm Five Star calls on Eurosceptic to step aside from finance minister candidacy New FinMin choice could clear the way for populist parties Stocks lifted by last-ditch attempt at forming government; FTSE MIB up 2.1pc Italy could be out of the European Union before Britain How Italy faces a long summer of political turmoil Italy is the latest example of the EU stripping the people out of democracy Italian markets have staged a recovery on hopes that last-ditch attempts to form a government and avoid a second election would break the country's political gridlock. Milan's stock index, the FTSE MIB, jumped 2.1pc and Italian borrowing costs pulled back from six-year highs after populist party Five... To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium … [Read more...] about Italian assets surge after breakthrough in last-ditch attempts to form government
Italian assets surge after Five Star makes last-ditch attempt to form government
30 May 2018 • 4:58pm Markets fluctuate amid attempts to break political gridlock in Italy Stocks lifted by last-ditch attempts at forming government; FTSE MIB up 1.3pc New Italy PM chosen by President Mattarella in talks over stop-gap government Five Star and the League rekindling coalition talks, reports say Italy could be out of the European Union before Britain How Italy faces a long summer of political turmoil Italy is the latest example of the EU stripping the people out of democracy Italian markets have staged a recovery on hopes that last-ditch attempts to form a government and avoid a second election would break the country's political gridlock. Milan's stock index, the FTSE MIB, jumped 1.9pc... To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium … [Read more...] about Italian assets surge after Five Star makes last-ditch attempt to form government