Focus also on Treasuries (Updates prices, adds background)
AMSTERDAM, Jan 13 (Reuters) - Italy’s government bond yields fell sharply on Wednesday despite ongoing uncertainty over the future of the government in Rome.
Other European government bond yields were also lower, but the drop was more moderate, with peripheral countries roughly in line with the core, tracking U.S. Treasuries.
Italian Prime Minister Giuseppe Conte told reporters he was working on a new coalition pact to last until the end of the legislature and said he was convinced that unity could be restored if there was goodwill from all sides.
Ten-year Italian government bond yields were down 8 basis points to 0.55% after a 10 bps rise on Tuesday delivered their worst session since early November.
U.S. stock futures and European stocks fell on Friday while the safe-haven dollar held its ground as a Wall Street battle between hedge funds and retail investors and a row in Europe over COVID-19 vaccine supply cooled risk appetite.
The United Arab Emirates has adopted amendments that would allow the Gulf state to grant citizenship to investors and other professionals including scientists, doctors and their families, the government said on Saturday.
By Reuters Staff
1 Min Read
DUBAI, Jan 30 (Reuters) - The United Arab Emirates’s government said on Saturday it has adopted amendments that would allow the Gulf state to grant citizenship to investors and other professionals including scientists, doctors and their families.
“The UAE cabinet, local Emiri courts and executive councils will nominate those eligible for the citizenship under clear criteria set for each category,” Dubai’s ruler and UAE’s Vice President Sheikh Mohammed bin Rashid Al Maktoum said in a twitter post.
“The law allows receivers of the UAE passport to keep their existing citizenship,” Sheikh Mohammed added. (Reporting by Aziz El Yaakoubi; Editing by Toby Chopra)