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Italy taps Super Mario for PM, risk bid with yields up, memestocks hit

Wed, 3 February 2021 | Written By: Neil Wilson Neil is chief market analyst for Markets.com and also writes for the Investors Chronicle as ‘The Trader’, with the daily market outlook published online each morning. Italy taps Super Mario for PM, risk bid with yields up, ‘memestocks’ hit Risk on again as stocks extend rally GME sinks 60% as shine comes off the ‘memestocks’ trade Italian banks rally as country taps Mario Draghi for PM So, while the EU drags its feet, points blame, raises threats of vaccine export controls and criticises the Oxford University vaccine for being ineffective and suggests the British were taking risks with rushing approvals, the UK is quietly getting on with it. 10m vaccinated and counting. And new research suggests the AstraZeneca vaccine is not only very effective but also slows the spread of the virus. The impact on transmission matters a lot to making things normal quick

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Italy Talks on Return for Conte Near Collapse, Officials Say

Italy Talks on Return for Conte Near Collapse, Officials Say Bloomberg 2/2/2021 John Follain and Chiara Albanese © Bloomberg Giuseppe Conte, Italy s prime minister, delivers his annual address at Villa Madama in Rome, Italy, on Wednesday, Dec. 30, 2020. The coronavirus crisis has provided a window of opportunity for state intervention, generating the urge to restructure a battered economy. (Bloomberg) Talks aimed at patching Giuseppe Conte’s fractured Italian coalition back together appeared near collapse on Tuesday, after a junior ally refused to support the comeback attempt, according to officials who asked not to be named discussing confidential deliberations. Roberto Fico, speaker of the lower house of parliament, was meeging with President Sergio Mattarella Tuesday evening after being asked last Friday to evaluate whether the outgoing coalition could strike a deal on a Conte comeback.

Bloomberg giuseppe conteGraziano delrioRoberto gualtieriMatteo renziAlfonso bonafedeGiuseppe conteVilla madamaRoberto ficoEuropean central bank governor mario draghiEuropean unionGualtieri democratic partyPresident sergio mattarella tuesdayPremier matteo renziItaly aliveJustice minister alfonso bonafedeFinance minister roberto gualtieri

Italy s President Summons Draghi as Likely Premier-Designate

Former ECB Chief Mario Draghi Tapped to Lead Italy Out of Its Crisis Bloomberg 2/3/2021 John Follain and Chiara Albanese © Bloomberg Mario Draghi, president of the European Central Bank (ECB), pauses during a rates decision news conference in Frankfurt, Germany, on Thursday, March 7, 2019. (Bloomberg) Former European Central Bank President Mario Draghi has been tapped to become Italy’s next prime minister with a broad mandate to try and steer the virus-battered country out of its worst recession since the end of World War II. President Sergio Mattarella will meet Draghi at midday on Wednesday after two rounds of talks failed to seal a deal among parties for a new government led by Giuseppe Conte, who had hoped to return to lead his third administration. Instead, the president is poised to formally ask Draghi to try to form a government.

Bruxelles capitaleBloomberg giuseppe conteGiuseppe conteBoris johnsonSergio mattarellaEuropean central bank governor mario draghiEuropean unionMinister boris johnsonப்ரூக்ஸெல்ஸ் தலைநகரம்ப்ளூம்பெர்க் கியூசெப் கொண்டேகியூசெப் கொண்டேபோரிஸ் ஜான்சன்ஐரோப்பிய தொழிற்சங்கம்அமைச்சர் போரிஸ் ஜான்சன்

Italy Coalition Talks Carry On in Race to Avoid Vote

Italy Scrambles to Form New Government With Deadline Looming Bloomberg 2/1/2021 Chiara Albanese © Bloomberg Italy s Senate, the upper house of parliament, stands during Giuseppe Conte, Italy s prime minister s debate in Rome, Italy, on Tuesday, Jan. 19, 2021. (Bloomberg) Talks aimed at building support for a new Italian government pushed ahead with a deadline in sight, after consultations failed to produce a deal to end the deadlock that forced Prime Minister Giuseppe Conte to resign. Roberto Fico, the lower-house speaker tasked with sounding out parties, said Sunday afternoon that discussions with the forces from the outgoing coalition would resume the following day. He has until Tuesday to report back to President Sergio Mattarella.

Matteo renziGiuseppe conteRoberto gualtieriMatteo salviniRoberto ficoSergio mattarellaEuropean central bank governor mario draghiInternational monetary fundEuropean unionDemocratic partyBloomberg italy senateStar movementBloomberg italyPrime minister giuseppePresident sergio mattarellaItaly alive

Italy Scrambles to Form New Government With Deadline Looming

Italy Scrambles to Form New Government With Deadline Looming Bloomberg 2/1/2021 Chiara Albanese © Bloomberg Italy s Senate, the upper house of parliament, stands during Giuseppe Conte, Italy s prime minister s debate in Rome, Italy, on Tuesday, Jan. 19, 2021. (Bloomberg) Talks aimed at building support for a new Italian government pushed ahead with a deadline in sight, after consultations failed to produce a deal to end the deadlock that forced Prime Minister Giuseppe Conte to resign. Roberto Fico, the lower-house speaker tasked with sounding out parties, said Sunday afternoon that discussions with the forces from the outgoing coalition would resume the following day. He has until Tuesday to report back to President Sergio Mattarella.

United statesMatteo renziDavid sassoliGiuseppe conteRoberto gualtieriMatteo salviniRoberto ficoSergio mattarellaEuropean central bank governor mario draghiInternational monetary fundEuropean unionDemocratic partyBloomberg italy senateStar movementBloomberg italyPrime minister giuseppe conte

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