Britain’s messy divorce from the European Union, Italy’s finances and international trade tensions pose significant risks to the Swiss National Bank’s outlook for solid global growth, SNB Chairman Thomas Jordan said on Thursday.
Italian police arrested the new head of the Sicilian mafia and 45 other alleged mobsters in a powerful blow to organized crime on the Mediterranean island, Deputy Prime Minister Luigi Di Maio said on Tuesday.
Twelve months after a humiliating 0-0 draw in a playoff against Sweden ensured Italy would miss the World Cup for the first time in 60 years, a repeat of that scoreline against Portugal at the weekend was greeted with far more positivity by the local media.
The European Commission will on Wednesday take the first step towards disciplining Italy over its draft 2019 budget, backed by euro zone governments worried that Rome’s borrow-and-spend plans could trigger another debt crisis that would hurt them all.
The Italian government coalition deal between the League party and the 5-Star Movement would collapse if no agreement is reached over the statute of limitations measures, Deputy Prime Minister Luigi Di Maio was quoted as saying on Thursday.