News
Will it be far-right domination in Italy?
With the country’s general election just weeks away, will it be far-right domination in Italy?
Mario Draghi, affectionately known as Italy’s ‘Super Mario’, resigned as Prime Minister on July 21 potentially paving the way for far-right domination in Italy.
The decision threw the nation into political turmoil, weakening one of Europe’s biggest players during a critical time.
The outgoing PM’s decision followed his failure to gain the support of his coalition partners in a vote of confidence.
As the former European Central Bank chief, Draghi was selected to lead the government in February 2021.
He was expected to steer the country out of the economic turmoil – made worse by the Covid pandemic.
Now, as campaigning continues for the September general elections, commentators are questioning how the financial powerhouse lost his grip in parliament.
But this is just one part of the story.
Perhaps what’s more intriguing is the rise of Giorgia Meloni, the leader of Brothers of Italy.
A party with neo-fashist origins, Meloni is in pole position to become Italy’s next leader.
“The party promotes respect for sovereignty and national unity, underscores the importance of a fair, sustainable and modern system of taxation, and advocates the necessity of security, rule of law and social cohesion”
As Draghi fell, Meloni expressed her satisfaction.
Her party has gone from 4% of the vote in the 2018 general election to becoming the biggest party in recent opinion polls.
Fed up with traditional government, it seems Italians want change.
But what will this change look like? And should the broader European Union be concerned?
TICKER NEWS’ Holly Stearnes spoke with political commentator, Nataneal Bloch and Director of the EU Centre at RMIT University, Professor Bruce Wilson.
What’s happening in the Middle East?
- President Donald Trump says Iran’s Supreme Leader Ayatollah Ali Khamenei has been killed, with Iran now entering a transitional period under a three man leadership council
- Trump says U.S. strikes on Iran could last four to five weeks, outlining objectives including destroying missile capabilities, dismantling Iran’s navy and preventing it from obtaining a nuclear weapon
- The U.S. military confirms four American service members have been killed, and the White House says U.S. forces have destroyed and sunk nine Iranian naval ships
- Iran says it sees “no limit” to its right to self defence and will not negotiate, as missile and drone attacks continue across Israel and Gulf states
- More than 500 Iranians have been killed in U.S. and Israeli strikes, with additional deaths reported in Lebanon, Israel and the UAE
- Shipping, aviation and energy markets have been disrupted, Qatar has halted LNG production, UAE stock markets have closed temporarily, and oil and gas prices have surged
News
Israel strikes Tehran anew as conflict escalates and global markets react
Israel strikes Tehran after Khamenei’s death; U.S. warns of prolonged conflict as tensions escalate in the Middle East.
Israel strikes Tehran after Khamenei’s death; U.S. warns of prolonged conflict as tensions escalate in the Middle East.
Israel has launched a new wave of strikes on Tehran, following the reported killing of Iran’s Supreme Leader, Ali Khamenei. U.S. President Donald Trump has warned the campaign could last up to a month, framing the operation as a move to prevent Iran from acquiring nuclear capabilities.
Iran has retaliated with missile attacks, while its Revolutionary Guards claim responsibility for assaults on oil tankers in the Gulf. The escalating hostilities are already disrupting global shipping lanes and air travel, sending shockwaves through international markets.
With reports of the first U.S. casualties emerging and Washington declaring the Tehran operation a success, tensions across the Middle East are intensifying rapidly. The question now is how far this conflict could spread — and at what cost.
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News
U.S. and Israel strike Iran as missiles hit Gulf bases and oil surges
U.S. and Israel launch major military operation against Iran; tensions rise as conflict escalates, impacting global markets.
U.S. and Israel launch major military operation against Iran; tensions rise as conflict escalates, impacting global markets.
The United States and Israel have launched a sweeping military operation against Iran, striking leadership targets and more than 500 military sites in what President Trump has dubbed Operation Epic Fury.
Explosions have rocked Tehran, with civilians fleeing the capital as U.S. sea and air assets carry out sustained attacks. Washington says the mission is designed to prevent a nuclear armed Iran and has even called on Iranians to rise up against the regime.
Iran has retaliated with a barrage of missiles and drones targeting Israel and U.S. bases across the region, including in Qatar, Kuwait, the United Arab Emirates and Bahrain. While many projectiles were intercepted, a U.S. base in Bahrain sustained damage.
Gulf states long seen as stable hubs for global business are now directly in the firing line, raising fears of a wider regional war.
Oil prices are climbing and tankers are diverting from the Strait of Hormuz as markets react to the escalating conflict. U.S. aircraft carriers, advanced fighter jets and missile destroyers remain in position, signalling more strikes could follow.
With global leaders scrambling diplomatically, the world is watching to see whether this spirals further or shifts back to negotiations.
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