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ROME, Oct 13 (Reuters) - Giancarlo Giorgetti, a former industry minister and the deputy leader of the right-wing League party, looked well placed to become Italy's next economy minister on Thursday after getting the backing of the conservative coalition chief. "I think Giancarlo Giorgetti would be an excellent economy minister," Giorgia Meloni, expected to be named prime minister this month, told reporters in parliament. "If the League wants me at the economy ministry I'll go there," Giorgetti told reporters shortly before Meloni's comments, in a shift from previous, more cautious remarks. Asked by Reuters early on Thursday whether he would be willing to become economy minister, he replied: "if you're asked to do something you reflect and ask yourself if you'd be able to do it. I don't know if I'd be able to be economy minister."
"Sleeping rough in the streets was traumatic, especially when I realised that this was the result of a political decision that targeted the migrants," Soumahoro told Reuters. Register now for FREE unlimited access to Reuters.com RegisterNow an Italian citizen, the 42-year-old has a unique opportunity to re-shape such decision-making -- from within parliament. "One thing I will try to do is make sure that no one ends up living in the streets like me. People need to be treated as human beings regardless of what passport they have," he said, speaking ahead of the Oct. 13 opening of parliament. He is reticent about his personal life, saying only that he has a young child and remains in touch with his family in Africa.
Italian Foreign Minister Luigi Di Maio listens to the opening remarks of Indonesian Foreign Minister Retno Marsudi during the opening session of the G20 Foreign Ministers' Meeting in Nusa Dua, Bali, Indonesia July 8, 2022. They picked unknown lawyer Giuseppe Conte as their prime minister, a compromise figure widely seen as a puppet, and installed themselves as his two deputies to dictate policy. In the last four years Di Maio gradually shed all his populist ardour, serving as deputy premier, labour minister, industry minister and foreign minister before eventually quitting 5-Star to form his own centrist party. Eugenio Pizzimenti, politics professor at Pisa University, said that unlike the more charismatic Salvini, Di Maio's support was strongly dependent on that of his party. ECLIPSED BY MELONISalvini's popularity soared during his government with Di Maio, which he brought down after 14 months in a failed bid to become prime minister.
Here are some of the main potential sources of tension between Giorgia Meloni's Brothers of Italy (FdI), Matteo Salvini's League and Silvio Berlusconi's Forza Italia. The League leader has urged caution over sanctions while Berlusconi sparked outrage on Friday when he said Putin had invaded Ukraine to install a government of "decent people." Forza Italia, by contrast, has called for it to be increased, with a close Berlusconi aide saying it should be "doubled" for the poorest recipients. PERSONAL RIVALRIESRelations between Meloni and Salvini have often been strained as the fortunes of their parties have swung. If Salvini survives as party leader, he will have to find a way to counter Meloni's growing popularity, which is likely to cause friction.
Far-right politician Giorgia Meloni is poised to become Italy's first woman prime minister. The 45-year-old ascended to power after she joined the Italian Social Movement as a youth activist in her teenage years. Sign up for our newsletter to receive our top stories based on your reading preferences — delivered daily to your inbox. "It's a victory I want to dedicate to everyone who is no longer with us and wanted this night," Meloni said to a crowd of supporters, according to the news outlet. One decade later, Meloni became Italy's youngest minister when she was appointed to the youth portfolio in 2008 during the reign of former Italian prime minister Silvio Berlusconi.
Leader of the centre-left Democratic Party (PD) Enrico Letta reacts as he speaks to media a day after Italy's election where the rightwing alliance led by Giorgia Meloni triumphed, in Rome, Italy, September 26, 2022. REUTERS/Stoyan NenovROME, Sept 26 (Reuters) - The leaders of Italy's opposition parties on Monday blamed their defeat on a lack of unity and on voters choosing a path of populism, after Giorgia Meloni's rightist bloc overwhelmingly won the national election. Register now for FREE unlimited access to Reuters.com RegisterEnrico Letta, the head of the opposition Democratic Party (PD), announced he would stand down. M5S leader Giuseppe Conte said overnight it was the PD's fault if it proved impossible for the centre left to win. "They have undermined a political offer that could have been competitive against this centre right," Conte said.
Sterling collapses as investors fly into dollars
  + stars: | 2022-09-26 | by ( Tom Westbrook | ) www.reuters.com   time to read: +3 min
British Pound Sterling and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. Register now for FREE unlimited access to Reuters.com Register"You've got to buy the dollar as a risk off-trade. In stocks, MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was down 1% to a two-year low. Treasuries tanked as well last week, with two-year yields up 35 bps to 4.2140% and benchmark 10-year yields up 25 bps to 3.6970%. Gold hit a more-than two-year low on Friday and bought $1,643 an ounce on Monday.
Dollar stands alone as rate hikes rattle stocks
  + stars: | 2022-09-25 | by ( Tom Westbrook | ) www.reuters.com   time to read: +3 min
S&P 500 futures were flat after an initial wobble lower. The dollar made new highs on sterling, the euro and the Aussie in thin morning trade. Last week, stocks and bonds crumbled after the United States and half a dozen other countries raised rates and projected pain ahead. Register now for FREE unlimited access to Reuters.com RegisterThe Nasdaq (.IXIC) lost more than 5% for the second week running. Oil and gold steadied after drops against the rising dollar last week.
Factbox: Companies potentially affected by Italy's election
  + stars: | 2022-09-25 | by ( ) www.reuters.com   time to read: +5 min
A woman walks at a polling station during the snap election in Rome, Italy September 25, 2022. read moreHere is a list of companies that could be affected by the outcome of the election. The change of government and calls by Meloni to revisit Italy's national recovery plan could threaten Italy's ability to meet the commitments to which European Union post-pandemic funds are tied. Brothers of Italy welcomed CDP's decision to wait for the election before filing its non-binding bid for TIM's network. read moreBrothers of Italy has called for the new government to be allowed to make a final decision on ITA.
Giorgia Meloni's Fratelli d'Italia (Brothers of Italy) party are set to gain 22.5% to 26.5% of the vote, according to an exit poll late Sunday night. But the vote could mark a big political shift for a pivotal European country dealing with ongoing economic and political instability. Meloni's Brothers of Italy party was created in 2012, but has its roots in Italy's 20th century neo-fascist movement that emerged after the death of fascist leader Benito Mussolini in 1945. After winning 4% of the vote in 2018′s election, Brothers of Italy and 45-year-old Meloni used their position in opposition to springboard into the mainstream. The snap election on Sunday in the EU's third-largest economy comes six months before they were due to be held.
Italy's right-wing parties seen winning power -exit polls
  + stars: | 2022-09-25 | by ( ) www.reuters.com   time to read: +1 min
Leader of Brothers of Italy Giorgia Meloni votes at a polling station during the snap election in Rome, Italy September 25, 2022. REUTERS/Yara NardiROME, Sept 25 (Reuters) - A right-wing alliance led by Giorgia Meloni's Brothers of Italy party looks set to win a majority in the next parliament, exit polls said on Sunday after voting ended in an Italian national election. An exit poll for state broadcaster RAI said the bloc of conservative parties, that also includes Matteo Salvini's League and Silvio Berlusconi's Forza Italia party, won between 41 and 45%, enough to guarantee control of both houses of parliament. Italy's electoral law favours groups that manage to create pre-ballot pacts, giving them an outsized number of seats by comparison with their vote tally. Register now for FREE unlimited access to Reuters.com RegisterReporting by Crispian Balmer Editing by Keith WeirOur Standards: The Thomson Reuters Trust Principles.
Italy's centre-left Democratic Party concedes election defeat
  + stars: | 2022-09-25 | by ( ) www.reuters.com   time to read: +1 min
People stand next to a poster of Enrico Letta, secretary of the centre-left Democratic Party (PD), at the PD headquarters, during the snap election, in Rome, Italy, September 25, 2022. REUTERS/Remo CasilliROME, Sept 26 (Reuters) - Italy's main centre-left group, the Democratic Party (PD), conceded defeat early Monday in a national election and said it would be the largest opposition force in the next parliament. "This is a sad evening for the country," Debora Serracchiani, a senior PD lawmaker, told reporters in the party's first official comment on the result. Provisional results showed that a right-wing alliance led by Giorgia Meloni's Brothers of Italy party had won around 43% of the vote and was on course for a clear majority in parliament. Register now for FREE unlimited access to Reuters.com RegisterReporting by Gavin Jones; Editing by Crispian BalmerOur Standards: The Thomson Reuters Trust Principles.
ROME, Sept 25 (Reuters) - Polls opened in Italy on Sunday in an election that is forecast to return the country's most right-wing government since World War Two and also herald its first woman prime minister. Register now for FREE unlimited access to Reuters.com RegisterA right-wing alliance led by Giorgia Meloni's Brothers of Italy party appeared on course for a clear victory when the last opinion polls were published two weeks ago. read moreBut with a polls blackout in force in the two weeks before the election, there is still scope for a surprise. Meloni would be the obvious candidate for prime minister as leader of an alliance also featuring Matteo Salvini's League party and Silvio Berlusconi's Forza Italia. Italy's first autumn national election in over a century was triggered by party infighting that brought down Prime Minister Mario Draghi's broad national unity government in July.
ROME, Sept 25 (Reuters) - Millions of Italians will vote on Sunday in an election that is forecast to return the country's most right-wing government since World War Two and usher in its first woman prime minister. Italy's first autumn national election in more than a century was triggered by party infighting that brought down Prime Minister Mario Draghi's broad national unity government in July. A right-wing alliance led by Giorgia Meloni's Brothers of Italy party appeared on course for a clear victory when the last opinion polls were published two weeks ago. That would cap a remarkable rise for Meloni, a 45-year-old from Rome whose party won only 4% of the vote in the last national election in 2018. CHALLENGESItaly has a history of political instability and the next prime minister will lead the country's 68th government since 1946 and face a host of challenges, notably rising energy costs.
Since publication of opinion polls was banned two weeks ago the left-leaning, unaligned 5-Star Movement appears to have made significant progress while the rightist League is struggling, according to seven pollsters interviewed by Reuters. "I would put the likelihood of a rightist majority at 60-65%, which has shrunk from about 80% three weeks ago." Their estimates on the probability of a conservative win ranged from 70% right up to 100% forecast by Federico Benini, head of the Winpoll agency. Nonetheless, most pollsters agreed the split between 5-Star and the PD will wreck both parties' chances in the third of the parliamentary seats assigned by a first-past-the-post system. "Even the growth of the 5-Star, unless it is phenomenal growth, appears insufficient to prevent the centre-right from winning," said Lorenzo Pregliasco, head of the YouTrend agency.
Leader of Italy's nationalist Brothers of Italy (Fratelli d'Italia) party and frontrunner to become prime minister Giorgia Meloni, holds a closing rally in Naples, Italy, September 23, 2022. Fast forward three years, and the nationalist leader is also poised to become Italy's first female prime minister. It is from tomorrow that we must prove our worth," the 45-year-old Meloni told party faithful early Monday morning. All the tough talking inevitably draws comparisons in the Italian press between Meloni and former British Prime Minister Margaret Thatcher. Just as Thatcher shattered Britain's glass ceiling to top office 43 years ago, so Meloni looks set to follow suit in Italy.
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