Italian PM Conte pulls out of Davos trip amid political turmoil
Italian Prime Minister Giuseppe Conte canceled a planned trip to the World Econo...2 Min Read FILE PHOTO: Prime Minister of Italy Giuseppe Conte arrives to attend the European Union leaders summit, in Brussels, Belgium December 13, 2019. REUTERS/Christian Hartmann/Pool/File Photo ROME (Reuters) - Italian Prime Minister Giuseppe Conte canceled a planned trip to the World Economic Forum meeting in Davos on Thursday, a day after the head of the co-governing 5 Star Movement resigned, piling pressure on his divided coalition. The prime minister’s office gave no detailed reason for the cancellation of the trip but said Conte would be remaining in Rome to work on “urgent issues”. Foreign Minister Luigi Di Maio, who has been in government since the anti-establishment 5-Star Movement won 33% of the national vote in the 2018 election, quit on Wednesday following a wave of defections that had threatened the stability of the government. His resignation had added to growing political uncertainty in Italy ahead of local elections at the weekend where the right-wing opposition League party is hoping for big gains to add weight to its demands for new national elections. Italian government bonds have remained steady and on Thursday, Finance Minister Roberto Gualtieri said the ruling coalition remained strongly committed to government stability and that the 5-Star Movement had assured its support. “The party’s already said it was committed to the stability of the government. So nothing will change,” he said in an interview with Bloomberg TV. Di Maio, who remains in office as foreign minister, has been replaced as caretaker by the head of 5-Star’s internal rules committee Vito Crimi, until a permanent successor is chosen at a party conference in the next few months. The party has been hit by a series of high profile defections from its parliamentary party, losing more than 30 lawmakers since 2018, amid deep disagreements on policies including its partnership with the centre-left Democratic Party. Reporting by Giuseppe Fonte; Writing by James Mackenzie; Editing by Alison Williams Our Standards: Read more: Reuters Top News
Atleast he pulled out Put Salvini back in charge like the people want and all your problems will go away. You removed him and basically nullified the voice of the people. Don’t act so surprised they’re mad.
Watch Lebanon's ex-foreign minister speak on return of unrest in the Arab worldCNBC's Hadley Gamble hosts a panel with top political and business leaders on Middle East unrest at the World Economic Forum in Davos. Man Lebanon has failed technological solutions. Unrest is wrong direction for any Middle East country, just look at Iran suffering from an internal disaster over missiles. Lebanon cannot feed into the realm.
The Latest: Ukraine premier downplays resignation talkU.S. Treasury chief says it's ''a joke''' when asked about climate activist Greta Thunberg's recommendation that the public and private sectors should divest from fossil fuels. He says she can't give economic advice until she gets a college degree. 😂😂🤣🤣🤣 Greta gets Trumped. Why did he have to clarify. Lots of people feel she should stop being truant Must take a big, big man to talk sheet about a little girl.
'We're not allowed to have friends like that': Former Lebanese foreign minister takes heat at Davos for revealing how he funded his tripFormer Lebanese foreign minister Gebran Bassil raised eyebrows when he told a panel that he was 'invited' to Davos without using government expenses. I did not like this post. What are you trying to say? Lebanese are corrupted people. I find this article out-of-line.
Trump to host Netanyahu, political rival at White House to discuss peace amid impeachment trialIsraeli Prime Minister Benjamin Netanyahu and his top political challenger Benny Gantz will visit the White House next week to discuss peace in the Middle East, the Trump administration announces. لمناقشة باقي صفقة القرن Bibi needs to sweep around his own front door. The Prime Minister and The Trump should do a reflection about all things they're doing in the world.
'The real growth will be predominantly in gas,' Dutch storage firm saysRoyal Vopak's CEO was speaking to CNBC at the World Economic Forum in Davos, Switzerland .
The Global Mental Health Crisis Requires a Worldwide Investment, Advocates SayThe Global Mental Health Crisis Requires a Worldwide Investment, Advocates Say On TIME Davos Panel