The Guardian: Italy at risk of new financial crisis in wake of coalition's collapse
Shares in New York and Asia fall sharply as investors and EU politicians take fright at strengthening mood against euro
Italy risks careening into a new financial crisis after the Bank of Italy said the country’s leaders could not “disregard” financial constraints and its commitments to Brussels.
Markets around the world were also shaken with the Dow Jones industrial average in New York falling almost 400 points, or 1.58% on Tuesday as investors shifted money into the safe haven of US bonds, putting pressure on bank shares.
Stock markets in Asia also dropped sharply at the opening of trade on Wednesday. The Nikkei in Tokyo was off 1.3% while the ASX200 in Sydney fell 0.6%. The Kospi index in Seoul was down 1.57%.
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MIDDLE EAST
Yemen forces plan siege of key rebel-held port.
China, Russia set to show support for Iran nuclear deal at security bloc summit, observers say.
Iran sets sanctions waiver deadline for oil giant Total.
U.S. issues fresh Iran sanctions, targets Evin prison.
Confusion reigns in Iraq amid election fraud charges.
Israel fires missiles at Gaza in largest firefight in 4 years. Israel launches retaliatory airstrikes in Gaza after Hamas rocket attacks.
Hamas says Israel agreed to cease-fire after day of heavy fighting. Hamas-Israel ceasefire holds after night of violence.
ASIA
U.S., North Korea conclude second round of Panmunjom talks.
Russian FM Lavrov expects visit to Pyongyang to help understand North Korea’s position.
Chinese coast guard ships seen near Japan-claimed Senkaku Islands.
Afghan forces end ISIL attack on ministry in Kabul.
At least 50 Taliban leaders die in HIMARS strike in Afghanistan, US says.
Taiwan welcomes Haiti’s president as mainland China poaches its dwindling number of allies.
India, Pakistan agree To Kashmir cease-fire after months of cross-border shelling. Pakistan and India vow to implement 2003 ceasefire agreement.
South Asia's summer monsoon starts early.
US to shorten length of some visas issued to Chinese citizens amid trade row.
Papua New Guinea to ban Facebook for a month.
AFRICA
On Mali visit, U.N. chief ask donors to back G5 Sahel force.
Libya rivals agree 'historic' election plan. Rival Libyan leaders agree to set elections for December.
Help wanted: UN mission struggles in troubled C. Africa.
African finance leaders to debate using China’s yuan as a reserve currency.
Kenya's president vows to recover stolen millions.
External actors urged to stop meddling in Somalia's affairs.
Zimbabwe to hold first post-Mugabe elections on July 30. Zimbabwe to elect post-Mugabe president on July 30.
EUROPE
Italy's League leader Salvini calls for new vote as soon as possible.
Italy government: Leaders talk amid political crisis.
Arkady Babchenko, prominent Russian journalist who criticised Kremlin, shot dead in Kiev.
Paris police clear 1,700-strong Millenaire migrant camp. Police clear Paris camp as migrant debate flares in France.
Greek workers strike over austerity, bailout reform.
Putin critic Bill Browder freed after brief arrest in Spain.
Syria recognizes Russian-backed Georgia regions.
AMERICAS
Venezuela government committed 'crimes against humanity': report.
Amnesty International: Nicaragua used 'lethal strategy' on protesters. Nicaragua using 'Sandinista mobs' to quash protests: report.
Brazil faces calls for return to military dictatorship amid truckers' strike.
Brazil oil workers begin strike in new blow to government.
Mexican campaigns awash with dirty money, pre-election report finds.
Paraguay's President Horacio Cartes offers resignation.
Mexican journalist Hector Gonzalez Antonio beaten to death.
Puerto Rico's Hurricane Maria death toll hiked to 4,645, according to Harvard University study.
TERRORISM/THE LONG WAR
IS claims suicide bombing at Afghan ministry in Kabul.
Officials: Belgium gunman killed fourth person before attack.
Mozambique 'jihadists behead' villagers.
Design to honor Sept. 11 rescue, recovery workers unveiled.
ECONOMY/FINANCE/BUSINESS
US, Europe trade chiefs meet ahead of tariffs deadline.
OECD warns against 'escalation' in trade tensions.
Trump's China tariffs could be imposed in June.
China slams US for 'sudden flip-flops' in trade policy.