The number of Italians who will lose their jobs as a result of the pandemic and the ensuing three-month lockdown, one of the strictest in the world, is not yet known. Amid warnings of social unrest, the government has extended until the end of the year a scheme under which […]
Italy
Italy warns of autumn funding crisis as EU summit claims unravel
Mr Codogno said foreign funds remain wary of Italian bonds at current compressed yields. The attempt to tap retail investors has “effectively failed”. The first issue of patriotic bonds worth €22bn went well in March, but the second issue of BTP Futura bonds in July netted just €6bn. The European […]
Coronavirus latest: Russia overtakes Italy and UK in total cases
The Nikkei Asian Review is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan. Global cases have reached 3,925,815, according to the World Health Organization. The worldwide death toll has hit 274,488. To see how the disease has spread, view our virus tracker […]
Spain, Italy and Greece brace for holiday season from hell
The International Monetary Fund has predicted that southern Europe will be among the hardest-hit economies in the world, particularly Greece, Italy, Portugal and Spain – all still picking themselves up after the last crisis. Greece is expected to take the biggest hit with a 10pc plunge in GDP this year, […]
one more mistake and it risks losing both Italy and the euro
So if EU leaders cannot agree on eurobonds and a Hamiltonian union, they will have to let the ECB buy vast amounts of Italian debt – and do so more aggressively to push Italian yields down to zero, in Citigroup’s view – or risk an Italian revolt. But can the […]
Japan ranks below Italy and Spain in ICU bed capacity
TOKYO — Japan risks running out of intensive care unit space in 43 of its 47 prefectures at the peak of the coronavirus outbreak, an analysis based on government estimates shows. Cross-referencing the share of the population expected to develop serious COVID-19 symptoms during the peak of the pandemic with […]
Coronavirus latest: New York overtakes Italy in COVID-19 cases
The Nikkei Asian Review is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan. Global cases have reached 1,279,722, according to the World Health Organization. The worldwide death toll has hit 72,616. To see how the disease has spread, click this interactive virus […]