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Will it be far-right domination in Italy?

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3 years ago

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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.

Outgoing Italian Prime Minister Mario Draghi addresses parliament.

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.

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William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Trump lands in Saudi Arabia for major deals

Trump arrives in Saudi Arabia, launching a four-day Middle East tour focused on economic deals, welcomed by Crown Prince Mohammed bin Salman.

Published

21 hours ago

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May 14, 2025

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Trump arrives in Saudi Arabia, launching a four-day Middle East tour focused on economic deals, welcomed by Crown Prince Mohammed bin Salman.


President Trump has officially landed in Saudi Arabia, kicking off a high-stakes four-day tour across the Middle East aimed at major economic wins.

Welcomed personally by Crown Prince Mohammed bin Salman, Trump’s arrival signals the start of key discussions with leaders from Saudi Arabia, Qatar, and the UAE.

For all the latest, follow our global coverage at https://www.youtube.com/@weareticker

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S&P 500 rebounds as Nvidia boosts tech shares

S&P 500 rebounds as Nvidia boosts tech shares amid easing U.S.-China trade tensions and softer inflation data.

Published

1 day ago

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May 14, 2025

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S&P 500 rebounds as Nvidia boosts tech shares amid easing U.S.-China trade tensions and softer inflation data.

In Short:
The S&P 500 rose 1% on Tuesday, buoyed by improving U.S.-China trade relations and strong performances from companies like Nvidia. Despite some concerns about high valuations, analysts showed cautious optimism for continued market growth due to positive economic data and government investments.

The S&P 500 rose on Tuesday, returning to positive territory for the year as easing U.S.-China trade tensions boosted investor confidence.

The index gained 1%, with the Nasdaq Composite increasing 1.8%. The Dow Jones Industrial Average fell by 166 points, or 0.3%, due to an 18% drop in UnitedHealth shares.

Nvidia’s stock led the market, advancing 6% after announcing the shipment of 18,000 artificial intelligence chips to Saudi Arabia. This news positively impacted peer companies such as Broadcom and AMD, which increased by around 4%.

Following this rally, the S&P 500 is now up 0.2% for 2025, after previously being down over 17% due to trade uncertainties. The market responded positively to news of a 90-day tariff pause between the U.S. and China, which contributed to a significant surge in stock prices.

Market analysts noted that improved sentiment stems from several factors, including the chip deal, easing inflation pressures, and anticipated tax cuts. The White House also announced a $600 billion investment in the U.S. economy.

In addition to the trade news, softer-than-expected inflation data in April, which reported a 2.3% increase in the consumer price index, further energised the market. Economists had predicted a 2.4% rate.

Investment experts express cautious optimism, acknowledging ongoing concerns surrounding high valuations and market concentration, but suggest that current data may lead to continued market growth in the short term.

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Trump may accept Qatari jet as the new Air Force One

Trump administration considers Qatari royal jet as potential temporary Air Force One, raising diplomatic and ethical concerns.

Published

2 days ago

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May 13, 2025

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Trump administration considers Qatari royal jet as potential temporary Air Force One, raising diplomatic and ethical concerns.


The Trump administration is reportedly in talks with Qatar to use a royal aircraft as a potential temporary Air Force One.

The jet — owned by the Qatari royal family — would be retrofitted for presidential use and could be offered as a gift during Trump’s term, with the possibility of it being used again as part of his future presidential library.

While no final decision has been made, the deal raises logistical, diplomatic, and ethical questions around foreign gifts, presidential travel, and how Trump may symbolically separate himself from traditional norms.

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