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Page 15 - ப்ரைம் அமைச்சர் மேட்டியோ ரென்சி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Italy PM Conte faces pressure to move fast to strengthen majority

Italian Prime Minister Giuseppe Conte is under pressure from his coalition to quickly broaden his majority but has made little progress since narrowly surviving an attempt to sink the government, political sources said.

Italy permanently halts arms sales to Saudi Arabia, UAE

Italy has halted the sale of thousands of missiles to Saudi Arabia and the United Arab Emirates (UAE) due to their involvement in the Yemen conflict, making permanent an 18-month temporary suspension. “Today I am announcing that the government has revoked the authorisations under way for the export of missiles and aircraft bombs to Saudi Arabia and the United Arab Emirates,” Italy’s Foreign Minister Luigi Di Maio said on Friday. “[This is] an act that we considered due, a clear message of peace coming from our country. For us, respect for human rights is an unbreakable commitment,” said Di Maio, who did not mention Yemen but had referenced the conflict there when he ordered the initial suspension in July 2019.

Euro zone bond yields dip, Italy lags on political uncertainty

Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr AMSTERDAM, Jan 13 (Reuters) - Euro zone bond yields dipped on Wednesday, with Italian bonds lagging Germany’s as uncertainty over the government in Rome weighed on sentiment. Italy’s former Prime Minister Matteo Renzi said on Tuesday that Italy should apply for a loan from the euro zone’s bailout fund. He told current premier Giuseppe Conte he was ready to sink his government if he refused, which could lead to a major cabinet reshuffle. Ten-year Italian government bond yields were down 2 basis points to 0.62% in early trade on Wednesday after an 10 bps rise on Tuesday delivered their worst session since early November.

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