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Mario Draghi resigns, plunging Italy into political turmoil

Mario Draghi resigns, plunging Italy into political turmoil

CRISPIAN BALMER, GIUSEPPE FONTE and ANGELO AMANTE ITALY will hold a snap national election on September 25 after Prime Minister Mario Draghi resigned following the collapse of his national unity government, sending tremors through financial markets. It will be the first autumn national election for more than a century in Italy, where the second half of the year is normally taken up with getting the budget law through parliament. It is likely to be a fractious campaign fought in the fierce summer heat in a drought-hit country. A bloc of conservative parties, led by the far-right Brothers of Italy, looks…
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At Biden’s G7 debut, leaders look beyond COVID to trade and China

At Biden’s G7 debut, leaders look beyond COVID to trade and China

WILLIAM JAMES and GUY FAULCONBRIDGE  THE Group of Seven leaders, who control a little under half of the world's economy, on Friday sought to look beyond the COVID-19 pandemic towards rebuilding their battered economies with free trade and to countering China's "non-market oriented" policies. U.S. President Joe Biden and Italian Prime Minister Mario Draghi debuted at the G7 virtual leaders' meeting which was chaired by British Prime Minister Boris Johnson. The leaders called for stronger defences against a future pandemic, including exploring a global health treaty, but the focus was on a green recovery - on the same day that…
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COVID-19 crisis has lead to food crisis, says Italy’s Draghi

COVID-19 crisis has lead to food crisis, says Italy’s Draghi

THE world must ensure access to food supplies as forcefully as it moved to ensure access to vaccines, Italian Prime Minister Mario Draghi said at the opening of the United Nations Food Systems Pre-Summit in Rome. "The health crisis (COVID-19) has lead to a food crisis," he said, citing data showing malnutrition in all its forms has become the leading cause of ill health and death in the world. The U.N.'s first-ever Food Systems Summit will take place in September, with the aim of delivering progress on the body's 2030 sustainable development goals. According to the latest U.N. data, the…
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