Italian Prime Minister’s resignation gets rejected

Published

3 years ago

July 15, 2022

Italian President has turned down PM, Mario Draghi’s offer to resign following coalition crumble

Italy’s head of state has rejected the prime minister’s resignation, calling on the leader to address parliament first.

President Sergio Mattarella says he wants PM Mario Draghi to get a clearer picture of the political situation before he stands down.

Draghi submitted his resignation after a key party within his coalition government, the 5 Star Movement, withdrew its support in a confidence vote.

In a statement, the PM says the ‘pact of trust’ previously sustaining the government, has gone.

The former head of the European Central Bank has been leader of the coalition government since February 2021.

President Mattarella appointed Draghi to lead the nation’s post-Covid pandemic recovery efforts. It’s not clear what the President’s true motives are in rejecting the resignation.

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Tasmania AFL team confirmed: Macquarie Point stadium legislation passes

Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.

Published

13 hours ago

December 5, 2025

Harvey Vargas

Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.

Tasmania is officially joining the AFL! After a marathon debate, the Legislative Council has passed the Macquarie Point stadium-precinct legislation 9-5. This milestone paves the way for the Tassie Devils Football Club to join the AFL in 2028, marking a historic moment for Tasmanian sport.

In an exclusive segment of Footynomics: The Business of Sport, Professor Tim Harcourt discusses the significance of this legislation, the social and economic impact of a new AFL team, and why this process took longer than expected.

We also explore what comes next for Tasmania, the AFL, and the broader implications for sports both in Australia and internationally.

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Australian Dollar hits five-week high amid weak GDP and US Dollar

Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.

Published

13 hours ago

December 5, 2025

Harvey Vargas

Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.

The Australian dollar has surged to a five-week high as disappointing GDP data and a softer US dollar reshape trader expectations. Market participants are closely watching the Reserve Bank of Australia’s next policy meeting to gauge future interest rate decisions.

We sit down with Steve Gopalan from SkandaFX to break down what these developments mean for the Australian economy and global markets. From Q3 growth figures to inflation indicators, Steve explains the key drivers behind the Aussie dollar’s recent gains.

Traders are also keeping an eye on the Federal Reserve’s upcoming policy meeting, as a weaker US dollar could have further implications for the Australian currency. Stay informed with expert insights and what to expect in the weeks ahead.

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#AustralianDollar #ForexNews #AUD #GDPUpdate #USdollar #InterestRates #RBA #MarketAnalysis

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EU launches antitrust probe into Meta over WhatsApp AI policy

EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.

Published

14 hours ago

December 5, 2025

Harvey Vargas

EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.

The European Commission has opened an antitrust investigation into Meta over WhatsApp’s new AI chatbot policy. The inquiry examines whether the policy restricts third-party AI developers from accessing WhatsApp’s business tools, potentially breaching EU competition rules.

Meta updated its terms, effective January 2026, which have already barred new AI providers since October 15. The rules prohibit AI developers from using WhatsApp as their primary service, affecting a number of AI companies looking to integrate with the platform.

The EU’s competition commissioner is considering interim measures to ensure fair competition. If Meta is found in violation, it could face fines of up to 10% of its global annual revenue.

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#Meta #WhatsApp #EURegulation #AIChatbots #TechNews #Antitrust #DigitalCompetition #MetaAI