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Italy

This Month

Giorgia Meloni with Chinese Premier Li Qiang in Beijing.

Meloni vows to ‘relaunch’ cooperation with China

Italy was the only Group of Seven country to join the massive Belt and Road Initiative, but it withdrew last year under US pressure over Beijing’s economic reach.

  • Giselda Vagnoni and Laurie Chen
Leon Marchand of Team France celebrates on the podium during the Swimming medal ceremony after the Men’s 400m Individual Medley Final on day two.

French swimming sensation rises as star of the games

Leon Marchand has drawn comparisons to American champion Michael Phelps and has lived up to those staggering expectations with his first gold medal on day two.

  • Paul Newberry
Keir Starmer outlined his intention to forge a new relationship with Europe last week.

Von der Leyen and Starmer plan meeting to drive UK-EU ‘reset’

Britain’s new PM is seeking better trade terms with the EU, while chancellor Rachel Reeves has suggested the UK could align with EU regulations in some areas.

  • Andy Bounds and George Parker
Giorgia Meloni’s nuclear push comes as her government imposed new restrictions on the rollout of solar power.

Meloni seeks to bring nuclear power back to Italy

Environment and Energy Security Minister Gilberto Pichetto Fratin said Rome plans to introduce legislation to enable investments in small modular nuclear reactors.

  • Amy Kazmin
Young Rich Lister and founder of LMCT+ Adrian Portelli.

They’re young, rich, and in the French Riviera

Cashed-up, glamorous young Aussies have descended on Saint-Tropez and Monte Carlo, spending their time on superyachts and at $1500-plus per night hotels.

  • Yolanda Redrup
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Ollie Watkins scores a late goal to fire England into the Euro 2024 final.

England eye Euro history after stunning late goal

England downed the Netherlands 2-1 in the European Championships for a chance to take on Spain in the final.

  • Updated
  • Steve Douglas
Robert Bates (left) with Francesca Packer at the Australian Open earlier this year.

Robert Bates holidays in Italy aboard Packer yacht

Investors allege the Aquamamma founder made baseless claims about the companies’ financial success. All while he slathers on the sunscreen.

  • Jessica Sier

June

Michelle Bowman said she remained “willing to raise” borrowing costs again “should progress on inflation stall or even reverse”.

Top Fed official warns interest rates may need to go up again

Michelle Bowman said looser financial conditions and government stimulus “could add momentum to demand, stalling progress or even causing inflation to accelerate”.

  • Claire Jones
A BYD Denza Z9 GT EV at the Beijing Auto Show in April. The European Commission this month proposed tariffs of up to 38 per cent on electric cars from China.

China, EU agree to talks to head off EV trade war

Chinese Commerce Minister Wang Wentao and EU Trade Commissioner Valdis Dombrovskis will hold discussions to ease an escalating dispute.

  • Keith Bradsher
 A Golden Goose store in the Mayfair district of London.

Why Permira got cold feet over Golden Goose IPO

After more than 10 months of preparation, the Italian footwear brand was seeking to raise about $966 million in a Milan listing as early as Friday. Then something went wrong.

  • Silvia Sciorilli Borrelli, Ivan Levingston and Kaye Wiggins
Private Jet, Cocktail Service

When in Rome, leave in a private jet: on board a $76.5k group tour

There’s nothing like having a plane chartered for you to take the stress out of travelling between Europe’s great cities and iconic sites.

  • Bonnie Campbell
Markets fear that Mexico’s Morena party, having returned to power, will double down on its socialist agenda. But what Claudia Sheinbaum will do in office has yet to be seen.

Why markets like to see new political faces

Whether a government is weak or strong, left or right, doesn’t seem to matter much for economies, but new leaders are associated with higher growth and returns.

  • Ruchir Sharma
An HSC-7 helicopter lands on the Arleigh Burke-class guided missile destroyer USS Laboon in the Red Sea last week.

US targets Houthi radar sites after sailor goes missing

The attacks come as the US Navy faces the most intense combat it has seen since World War II in trying to counter the Houthi campaign.

  • Jon Gambrell
President Joe Biden speaks during a campaign event in Los Angeles.

Biden courts Hollywood, while Trump tackles swing state

Some of Hollywood’s brightest stars headlined a glitzy fundraiser for the president, while his opponent was on the hustings in the crucial battleground state of Michigan.

  • Darlene Superville and Will Weissert
US Vice President Kamala Harris and Ukraine’s President Volodymyr Zelensky during the peace summit, in Obbürgen near Lucerne,

Ukraine peace summit seeks consensus on Russia rebuke

China’s absence from the meeting and the attendance of lower-level diplomats from the BRICS states cast a shadow over efforts to win over the Global South.

  • Updated
  • Thomas Escritt and Sabine Siebold
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President Joe Biden and Ukrainian President Volodymyr Zelensky sign a security agreement on the sidelines of the G7.

Biden vows weapons, aid for Ukraine ‘until they prevail’

The US president has signed a new security agreement with Volodymyr Zelensky, and the G7 plans $75 billion in aid to Ukraine in its war against Russia.

  • Updated
  • Matt Viser and Tyler Pager
A BYD showroom in Shanghai, China. The European Commission is preparing to impose tariffs on EVs imported from China after an investigation into subsidies.

EU to impose multibillion-euro tariffs on Chinese electric cars

The European Commission is set to tell carmakers that it will provisionally apply additional duties of up to 25 per cent on imported Chinese EVs from July.

  • Andy Bounds
Emmnanuel Macron. Calling an election might, in fact, be the most prudent thing he could have done.

The last best hope against populism is to expose it to government

Emmanuel Macron has concluded that power often tames radical parties or demonstrates their incompetence. His election call might be the most prudent thing he could have done.

  • Janan Ganesh
French far-right leader Marine Le Pen arrives at her party’s headquarters in Paris.

Europe’s real threat is not the far-right

The populists who won big at Europe’s weekend elections are blind to the bloc’s severe economic decline, especially compared to Asia and the US.

  • Updated
  • Max Hastings
Italian Prime Minister Giorgia Meloni.

Italy’s Meloni strengthens grip at EU elections

Prime Minister Giorgia Meloni’s hard-right Brothers of Italy won about 28.8 per cent of the vote, strengthening her political position at home and in Europe.

  • Crispian Balmer and Angelo Amante

Original URL: https://www.afr.com/topic/italy-b01