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Visit One News Page for Italy news from around the world, aggregated from leading sources including newswires, newspapers and broadcast media. Search millions of archived news headlines. This feed provides the Italy news headlines.

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    Government comes under new pressure to increase infrastructure maintenance spending after bridge collapse in Italy. Reported by Al Jazeera 9 hours ago.

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    It seems like there was a bit of an issue between former Chicago Bulls teammates Dwyane Wade and Jimmy Butler. It all started when Gabrielle Union, who has been married to Dwyane since 2014, posted a very sexy photo from her vacation in Venice, Italy. Jimmy, who now plays for the Minnesota Timberwolves, commented on [...] Reported by Just Jared 9 hours ago.

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    Aug 19 (OPTA) - Scores from the European Tour Nordea Masters on Sunday -14 Thomas Aiken (South Africa) 66 65 67 68 Paul Waring (England) 66 63 69 68 -13 Maximilian Kieffer (Germany) 68 68 66 65 -12 Thorbjørn Olesen (Denmark) 68 66 67 67 -11 Lucas Herbert (Australia) 66 68 69 66 -9 Jazz Janewattananond (Thailand) 67 68 72 64 Andrea Pavan (Italy) 69 66 72 64 Reported by Reuters India 8 hours ago.

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    Italy's far-right interior minister threatened Sunday to send "back to Libya" nearly 180 people stranded for three days on an Italian coastguard ship if the EU did not step in to resolve another migrant row with Malta. Reported by France 24 7 hours ago.

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    ROME - Italy's far-right interior minister threatened Sunday to send "back to Libya" nearly 180 people stranded for three days on an Italian coastguard ship if the EU did not step in to resolve another migrant row with Malta. Reported by Bangkok Post 7 hours ago.

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    The threat comes amid a standoff with Malta over the fate of 177 migrants rescued by Italy in Maltese waters. Returning migrants to an "unsafe" Libya could pose legal troubles for Rome. Reported by Deutsche Welle 6 hours ago.

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    Rome fears withdrawal of quantitative easing will hit borrowing costs Reported by FT.com 6 hours ago.

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    The death toll rose to 43 a day after thousands of mourners paid tribute to the dead at a public funeral. Reported by SBS 4 hours ago.

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    The Italian engineer who designed the Genoa bridge that collapsed and killed dozens warned four decades ago that it would... Reported by Deseret News 4 hours ago.

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    Don McGahn's interview with Robert Mueller, the death of Kofi Annan, funerals for Italy's bridge victims and more of the weekend's biggest news.

     
     
     
     
     
     
      Reported by USATODAY.com 2 hours ago.

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    Italy bridge collapse: Genoa death toll rises to 43 The bodies of the last people officially missing from Tuesday's collapse are found in a crushed car. Reported by BBC News 2 hours ago.

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    Ryan Giggs finally goes public with his secret PR girl lover The former Manchester United player, 44, seemed happy and relaxed as he posed for pictures with PR executive Kate Greville, 34, as they explored the town of Ravello on Italy’s Amalfi coast. Reported by MailOnline 2 hours ago.

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    The open this week is subdued, ranges 12 pips at the most in the case of cable.  We are lacking price action catalysts on the calendar, leaving us to look at what has occurred from Friday's close and a browse over the weekend. 

    Markets found further solace on headlines that the US and China as reported in the WSJ, are 'mapping out talks' and 'to try to end their trade standoff ahead of planned meetings between President Trump and Chinese leader Xi Jinping at multilateral summits in November, said officials in both nations.' 

    This news was cheered by Wall Street and the DJIA rose 110.59 points to 25,669.32, with all benchmarks finishing in the green. US yields ranged sideways for the best part of the close, with the 10yr treasury trading inside 2.84% and 2.88%, while 2yr yields moved between 2.60% and 2.62%. The greenback actually lost ground on the US/China optimism, also weighed by poor data in the University of Michigan’s preliminary August consumer sentiment survey falling a larger than expected 2.6pts to 95.3 - its lowest in eleven months. 

    From the weekend, there was nothing particularly catalytic but there had been a weekend focus on the current key themes in the FX space that all got their share of headlines. 

    *Europe*

    In Europe, Italy has been a concern and Friday's close was dominated by weakness in the Italian banking sector. Well, just as we see the final day of Greece bailout of which funding formally comes to end on Monday 20th, the  UK's Telegraph had a column on Italy's populist government that is drawing up "a 'Marshall Plan' of up to €80bn to rebuild the country's dilapidated infrastructure after the Genoa bridge collapse, seizing on the politically-charged disaster to smash EU budget rules." The article further writes, "Officials aim to invoke the 'Golden Rule' championed by Britain's Gordon Brown to remove chunks of public investment from the headline budget deficit, a ruse that would make it easier for the radical Five Star-Lega coalition open the floodgates of fiscal stimulus and reflate Italy's stagnant economy."

    Another concern for investors in that neck of the woods that equally threatens creditors in the EZ is Turkey. However, there seems to be some faint air of optimism on the back of Qatar and Turkey's central banks signing a currency swap agreement to provide liquidity and support for financial stability according to announcements made by Qatar's central bank on Sunday. Moreover, the S&P revised the Turkish sovereign rating to B+ from BB-; (maintains outlook at stable).

    However, in the German finance ministry monthly report, there is a much different light shed over Turkey. In the report it states that "The economic developments in Turkey present a new, external economic risk," which comes in addition to "The persistent debate about tariffs and the threat of a trade war are choking trade activity."

    Also for the EZ, Bundesbank President Jens Weidmann said the European Central Bank is on course to reduce stimulus. In an interview with Frankfurter Allgemeine Sonntagszeitung, he argued that after the latest decisions, a normalisation of monetary policy is foreseeable but that the process will be gradual and it will "take a while".  On Turkey, he said, "the currency crisis in Turkey would have limited impact on German banks" and that "Turkey was number 16 on the list of German trading partners", accounting for just 1% of global economic output.

    *Brexit*

    Meanwhile, and across the channel, the same paper, The Telegraph, reports that EU migrants will be given the right to stay in event of no-deal Brexit amid fears of labour shortages, Cabinet papers revealed. This further cements the reality of how negotiations are steering, weighing on sterling this week - The papers also highlight the fact that much of the UK's no deal planning will rely heavily "on the availability of existing labour" in the event that talks break down, The Telegraph reported.

    *Asia-Pacific*

    There was a dead spot on the US-China trade headlines as much was already revealed on Friday. However, there was some chatter around the RMB where the PBoC is making moves to curb arbitrage funds from shorting RMB with newly implemented policies aim to reduce the amount of overseas yuan circulation. Also from the Pacific, Weekend news stated that North Korea will allow the UN agency to conduct on-site missile safety inspection and North Korea is to permit an on-site inspection - we step closer to world peace.  
      Reported by FXstreet.com 1 hour ago.

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    MILAN (AP) — Italy's civil protection agency says at least five people have been killed when a rain-swollen river flooded a gorge in the southern region of Calabria. The Italian news agency ANSA reported Monday that 12 people were brought to safety in the flash flood. It was unclear how many people were missing. The flood hit a group of hikers in the Raganello Gorge. Reported by SeattlePI.com 2 hours ago.

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    MILAN (AP) — Italian officials say at least 5 dead in flash flood that struck hikers in a gorge in southern Italy. Reported by SeattlePI.com 2 hours ago.

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    At least five people were killed in southern Italy on Monday when the waters of a raging white-water creek in a deep mountain gorge rose suddenly after a rainfall, officials said. Reported by Reuters India 1 hour ago.

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    Analysts at Scotiabank noted the performance in the yen.

    *Key Quotes:*

    "Narrowing interest rate differentials are offering support and the 10Y U.S.-Japan yield spread is threatening 275bpts at levels last observed at the height of Italy’s turmoil from late May. 

    Speculative JPY bears remain vulnerable as Friday’s CFTC data revealed a fourth consecutive week of short covering. Near-term domestic risk is limited ahead of Friday’s CPI release." Reported by FXstreet.com 1 hour ago.

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    Rome had threatened to return the 177 migrants to Libya amid a standoff with Malta over who should take them. Local media reports suggested it would take some negotiations before the migrants are allowed to disembark. Reported by Deutsche Welle 1 hour ago.

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    Flash flood hits hikers in gorge in southern Italy; 8 dead At least eight people were killed when heavy rain flooded a gorge filled with hikers in the southern region of Calabria, Italy's civil protection agency said Reported by FOX Sports 1 hour ago.

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    Eight people -- four men and four women -- were confirmed dead after heavy rain flooded a gorge in Calabria, Italy's civil protection agency said. Reported by Newsday 31 minutes ago.

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