Afghan girl from famous cover portrait is evacuated to Italy
National Geographic magazine’s famed green-eyed “Afghan Girl” has arrived in Italy as part of the West’s evacuation of Afghans following the Taliban takeover of the country, the Italian government said Thursday. The office of Premier Mario Draghi said Italy organized the evacuation of Sharbat Gulla after she asked to be helped to leave the country. The Italian government will now help to get her integrated into life in Italy, the statement said.news.yahoo.com
Italy: Police move against violent anti-vaccine activists
Police in Italy are conducting searches against 17 anti-vaccine activists who were purportedly affiliated with a Telegram chat that espoused violence against government, medical and media figures for their perceived support of COVID-19 restrictions.
EXPLAINER: What's so big about the G20 besides economies?
The G-20, whose annual summit plays out in Rome this weekend, has morphed from its creation in the 1990s as an international group to grapple with financial crises into a forum facing such pressing problems as worldwide vaccine access and climate change.
EU unconvinced by Polish arguments on rule of law changes
Key European Union leaders are unconvinced by Polish arguments that fundamental judicial changes the country has made would not undermine the bloc and said that the withholding of billions in EU recovery funds would likely continue unless Warsaw falls back into line.
Heat wave edges higher in southern Europe, fuels wildfires
Intense heat baking Italy is creeping northward towards the popular tourist destination of Florence while wildfires charred the country’s south, and Spain appears headed for an all-time record high temperature as a heat wave keeps southern Europe in a fiery hold.
Vatican in 'unprecedented' protest against Italian homophobia law
The Vatican has lodged an “unprecedented” interference in Italian politics by objecting to a law that would criminalise violence and hate speech against gay and transgender people. The Holy See confirmed on Tuesday that it had sent a diplomatic protest to the government of prime minister Mario Draghi over the so-called Zan bill, which would punish acts of discrimination and incitement to violence against gay, lesbian, transgender and disabled people. The bill, promoted by Alessandro Zan, a gay Mnews.yahoo.com
Biden Is No Trump But the EU Still Doesn’t Trust the U.S.
Phil Noble via ReutersThere is no question among European leaders preparing for President Biden’s arrival in Brussels this week that reinstating the United States in the global conversation is a good thing—especially after a largely glowing G7 reception in the U.K. But Brussels is different, and in many ways the stakes are much higher for Biden, who just spent the weekend focused on China and will have to pivot to Russia, another country that evokes different opinions. This is especially true whnews.yahoo.com
After G-7, Biden says he's reestablishing US credibility
President Joe Biden says the U.S. has restored its presence on the world stage, as he has used his first overseas trip to connect with a new generation of leaders from some of the world’s most powerful countries and more closely unite allies around addressing the COVID-19 pandemic and China’s trade and labor practices.
The new guy? Biden debuts at democracy's most exclusive club
Already on a first-name basis with relationships that range from just months to years, the leaders of the Group of Seven industrialized democracies are gathering Friday amid hopes that the departure of their most unruly member and a new era of personal friendships enhanced by face-to-face discussions can restore a global anti-authoritarian consensus on climate, the coronavirus, China and Russia. The G-7’s return to polite quasi-normality comes as President Joe Biden seeks to restore steady U.S. leadership to the bloc, which had been hamstrung by his predecessor Donald Trump’s often confrontational approach to longtime American allies. Trump had thrown a wrench into G-7 unity, demanding the absolute prioritization of U.S. interests, threatening decades-old security guarantees, insulting colleagues and loudly suggesting that Russian President Vladimir Putin be invited back into the group despite his refusal to meet demands for Moscow to stay out of Ukraine.news.yahoo.com
Vaccine makers pledge 2.3B doses to less wealthy nations
A global health summit that underlined the pandemic disparities between rich and poor countries has ended with pledges by pharmaceutical companies to deliver more than 1.3 billion doses of COVID-19 vaccines to low- and middle-income countries this year.
Vaccine makers pledge 2.3B doses to less wealthy nations
A global health summit that underlined the growing disparity between rich and poor countries during the pandemic closed Friday with pledges by pharmaceutical companies to deliver more than 1.3 billion doses of COVID-19 vaccines to low- and middle-income countries this year. Italian Premier Mario Draghi, host of the Rome summit that brought together the Group of 20 and the European Union’s executive arm, called the contributions by private companies “significant and staggering.” The pledges made include 1 billion doses from American pharmaceutical company Pfizer and German company BioNTech’s, 200 million from Johnson & Johnson and 100 million from Moderna.news.yahoo.com
The Latest: Netanyahu vows more force if Hamas uses rockets
Israeli Prime Minister Benjamin Netanyahu has warned Gaza’s militant Hamas rulers against any further rocket attacks following a cease-fire. In a speech hours after the truce took effect on Friday, he said, “if Hamas thinks we will tolerate a drizzle of rockets, it is wrong.” Israel and Hamas fought an 11-day war, their fourth since the Islamic militant group seized power in Gaza from rival Palestinian forces in 2007.news.yahoo.com
More than 1,200 migrants reach Italian island on boats
More than 1,200 migrants in several decrepit, overcrowded fishing boats on Sunday reached a tiny Italian island in a span of 12 hours, as human traffickers exploited calm seas and warm weather to launch multiple vessels, the mayor said. The first of the migrants arrived at 5 a.m., Lampedusa Mayor Salvatore Martello told Sky TG24 TV at 5 p.m. It was the biggest number of migrants to come ashore this year in a single day at an Italian port this year. Italian news reports said Italian coast guard and customs police boats escorted the vessels to Lampedusa after they were spotted in the Mediterranean a few miles offshore.news.yahoo.com
Britons to have quarantine-free holidays to Italy by end of May, government announces
British tourists will be able to holiday in Italy from the second half of this month without having to quarantine, the government has indicated. Visitors will have to demonstrate that they have either been vaccinated against Covid-19, they have recently tested negative, or they have had the virus in the past and now have immunity. The Italian government has not yet decided whether it will require a rapid antigen test or a more thorough molecular test. Mario Draghi, the prime minister, announced that Italy was opening up to the world at the end of a meeting of tourism ministers from the Group of 20 wealthy nations. A government source said the health ministry would soon formally announce that Italy’s five-day quarantine rule would be scrapped for visitors who can show that they are negative, vaccinated or immune. Italy will not wait until Brussels introduces an EU-wide coronavirus health pass scheme, the prime minister said. “Waiting for the European certificate... we have a national green pass that will enable people to move from region to region and will be operational by mid-May, so let us not wait until mid-June for the EU pass,” Mr Draghi said. “In mid-May tourists can have the Italian pass... so the time has come to book your holidays in Italy. “Few countries are as closely intertwined with tourism as Italy. The world longs to travel here. Italy is ready to welcome back the world. Our mountains, our beaches, our cities and our countryside are reopening.”news.yahoo.com
UNHCR appeals to Italy not to impede migrants rescue boats
The head of the U.N. refugee agency says he has urged Italy not to unnecessarily impede NGOs that operate migrant rescue ships in the central Mediterranean, as warmer weather is expected to bring the usual seasonal uptick in the departure of smugglers’ boats from Libya.
Italy and France ready to restart AstraZeneca vaccinations if regulators give the green light
A vial of the Oxford University/AstraZeneca COVID-19 vaccine is seen at the Lochee Health Centre in Dundee, Scotland, Britain January 4, 2021. Andy Buchanan| Pool | ReutersLONDON — France and Italy say they are ready to quickly restart inoculation programs with the AstraZeneca vaccine if regulators confirm it's still safe to use. It added that in the event of a positive conclusion by the EMA, France and Italy were ready "to promptly restart" inoculations with the vaccine. Since then, more countries have reported cases of blood clots and an unusual number of platelets in a few patients. The EMA said Tuesday that there is "no indication" so far that the reports of blood clots were directly caused by the vaccine.cnbc.com
Year after COVID hit Italy, 3rd wave of infections sending most of country into new lockdown
Rome — A year after COVID-19 struck Italy, more than half of the country's residents were set to be placed back under hard lockdown restrictions from Monday, March 15 at least through Easter. Restrictions are being tightened in response to yet another rise in case numbers — Italy is entering a third wave of coronavirus infections. medical staff tend to a patient in the COVID-19 unit of the Bolognini hospital in Seriate, Bergamo, Italy, March 12, 2021. MIGUEL MEDINA/AFP/GettyItaly was the first country in the world to implement a nationwide lockdown last winter, when it was the nation at the epicenter of the pandemic. The country's inoculation campaign began in late December, but like other European nations it has suffered delays in the distribution process.cbsnews.com
Germany declares a Covid 'third wave' has begun; Italy set for Easter lockdown
(Photo by Alexander Pohl/NurPhoto via Getty Images) Alexander Pohl NurPhoto via Getty ImagesLONDON — The head of Germany's public health agency on Friday warned that a third wave of coronavirus infections has already begun. German Chancellor Angela Merkel had previously warned the country could be caught in a third wave of infections if restrictive public health measures were lifted too quickly. Italy, meanwhile, is reportedly set to impose another near national lockdown over the Easter weekend in an effort to curb the spread of the virus. The move, which is expected to be signed into law on Friday, comes just over a year after it became the first country in the world to impose nationwide lockdown measures. Wieler said he was "very worried" about the public health crisis.cnbc.com
Watch Christine Lagarde speak at debut ECB press conference
Christine Lagarde is speaking in Frankfurt, Germany, for her first press conference as president of the European Central Bank. The former International Monetary Fund chief took the helm at the euro zone's top financial institution last month. Analysts say she will also likely need to mend divisions at the bank over its recent policy measures under former President Mario Draghi. Global central banks have been easing mode this year, as the headwinds of U.S.-China trade tensions and signs of economic weakness grip businesses and investors. Investors are likely to monitor Lagarde's presser for any signs as to the bank's outlook for the euro zone and forward guidance.cnbc.com
Mario Draghi's legacy will shape the ECB long after his farewell
There is an end to everything: Mario Draghi will leave the European Central Bank (ECB) after eight years in charge of the institution that changed the way monetary policy is conducted in the euro zone. The ECB moved from being a central bank modeled after the German Bundesbank to a modern, Anglo-Saxon type organization under his reign. Christine Lagarde, the incoming president, will find her hands pretty much tied by Draghi's last big policy package. "After the Governing Council passed a comprehensive and highly controversial easing package at its 12 September meeting, we expect the ECB policy to be on hold for the remainder of the year and for much if 2020," said Florian Hense from Berenberg in a research note. "A divided ECB with a new president could maintain its current stance until 2021."cnbc.com
WATCH: Mario Draghi delivers his last press conference as head of the ECB
[The stream is slated to start at 09:30 ET. Please refresh the page if you do not see a player above at that time.] Mario Draghi is speaking at his last press conference as president of the European Central Bank. The central banker, who has led the ECB since 2011, reigned over a lengthy period of quantitative easing and record low interest rates for the euro zone. The ECB is set to enter a new era, with Draghi about to step down and former International Monetary Fund Managing Director Christine Lagarde taking up the mantle.cnbc.com
ECB holds rates at historic lows as Mario Draghi waves farewell to Frankfurt
The European Central Bank (ECB) kept rates unchanged on Thursday, in what marked President Mario Draghi's last monetary policy meeting at the institution. "Incoming economic data continue to point to moderate, but positive growth in the second half of this year," Draghi told reporters Thursday afternoon. The ECB expects a gross domestic product rate for the region of 1.1% this year and 1.2% in 2020. We have discussions, everybody has discussions; all jurisdictions have disagreements when monetary policy decisions come to be discussed and these disagreements are often made public, often they are not ... "The Governing Council expects them to run for as long as necessary to reinforce the accommodative impact of its policy rates, and to end shortly before it starts raising the key ECB interest rates," the bank said in a statement.cnbc.com
Here's what happened to the stock market on Wednesday
The S&P 500 climbed 0.28% to end the day at 3,004.52. The Nasdaq Composite gained 0.19% to 8,119.79 The major averages struggled for direction as the corporate earnings season rolled on. Thursday marks the busiest day of the earnings season, with 45 S&P 500 companies scheduled to report. Amazon, Visa, Intel, 3M and Twitter are among the companies set to release their results. In Europe, the European Central Bank will hold its last meeting with Mario Draghi at the helm.cnbc.com
ECB's Draghi backs France's calls for further euro integration
In an interview with the Financial Times over the weekend, ECB President Mario Draghi said "what matters is to make the (euro) union stronger" and "in some areas, further integration achieves that goal." The euro zone is made up of 19 European nations that share the same currency the euro. "To have a stronger EMU (economic and monetary union), we need a common euro zone budget. Led by the French delegation, European finance ministers agreed to create a common euro zone budget earlier this year. He said that monetary policy alone cannot lift the moribund growth and inflation levels seen in the region.cnbc.com
European Central Bank could signal a September rate cut with a change in guidance this week
European Central Bank (ECB) President Mario Draghi didn't leave any doubt about his institution's conviction to do "whatever it takes" to counter a fall in inflation expectations when he spoke at the banks annual gathering recently in Sintra, Portugal. All instruments are on the table and can be deployed. The question now is: Will anything happen as early as this week? Traditional ECB watchers though expect a change in the central bank's forward guidance at this month's meeting on Thursday and then potential action on interest rates at its meeting in September. "In September the ECB could cut its deposit rate from -0.4% to -0.5% and to relaunch net asset purchases of around 40 billion euros for 12 months starting in (the fourth quarter of 2019)," he added.cnbc.com
Europe is at odds over who will replace Christine Lagarde at the IMF
European officials are still scratching their heads over Christine Lagarde's successor at the International Monetary Fund (IMF), according to several people with knowledge of the discussions, with no standout candidate for the role. Some of the non-official candidates are:Jeroen Dijsselbloem, former Dutch finance minister and president of the Eurogroup (which brings together the 19-euro zone finance ministers). Mario Centeno, the Portuguese finance minister and currently Eurogroup chief. Nadia Calvino, the Spanish finance minister. "If (the) age limit is adapted to today's realities, there is Georgieva and Draghi," the European minister told CNBC.cnbc.com
ECB member says stimulus package could come this month if needed
France's central bank governor hasn't ruled out more stimulus for the euro zone coming as early as this summer, ahead of Christine Lagarde's installment as the new president of the European Central Bank (ECB). Many market watchers saw this as Draghi tying his successor now due to be Lagarde in November to his path of easy monetary policy. But Franois Villeroy de Galhau, France's central bank governor and a member of the Governing Council at the ECB, said a stimulus program could be launched before that, if needed. "If we speak about monetary policy we have several Governing Councils to come, in the next month, including with Mario Draghi. So let us wait for our next Governing Council, and there are several to come, to assess the data and then to decide."cnbc.com
IMF's Lagarde in the running to replace Draghi at the ECB
BRUSSELS Christine Lagarde, the managing director of the International Monetary Fund (IMF), is one name being touted as a possible replacement for Mario Draghi, the president of the European Central Bank (ECB). The leaders of the 28 EU member states are currently locked in discussions to figure out who will lead the various European institutions, following parliamentary elections in May. All of the main EU bodies, which includes the ECB, need a new president. Four different EU officials confirmed to CNBC that Lagarde is one of the possible names for the ECB's top job. The current president, Draghi, finishes his eight-year mandate in October and his successor would be in place the following month.cnbc.com