vegassports-odds.com
vegassports-odds.com May 20, 2018


Anti-EU 'barbarian' Salvini announces Italian govt deal close

17 May 2018, 06:36 | Taylor George

GETTYMatteo Salvini's League party is locked in negotiations with the Five Star Movement

Matteo Salvini

As Italy moves closer to the formation of a government between the anti-establishment 5-Star Movement (M5S) and Lega (League), a leak to Huffington Post of a 40-page policy contract between the two Eurosceptic parties that details their roadmap rattled worldwide markets on Wednesday.

The partnership between the League's Matteo Salvini and Mr. Di Maio would represent a blow to mainstream European political parties across the continent.

Matteo Salvini is the leader of the Northern League. "It's a good program but there are still one or two areas of difference for the leaders to decide on", he added.

"Although the two parties may eventually water down the proposals, the document reveals the true extent of their oddity, inexperience and off-track nature", wrote Lorenzo Codogno, of LC Macro Advisors, a consultancy based in London, in a note on Wednesday morning.

Instead of debt forgiveness, what the parties want is for the European Union not to account for bonds bought by the ECB under QE when calculating a country's official debt levels for the purposes of the EU's Stability Pact, Borghi said.

Borghi called on 5-Star to recognise the need to take on Brussels and got a response from its leader Luigi Di Maio.

In a Facebook video, Di Maio said that the establishment feared change but "the more they attack us the more I am motivated" to reach a deal.

While the coalition has ruled out an exit for now, Five Star has a track record of changing its political stripes at nearly any moment if it seems that doing so will boost its popularity.

US Senate votes to restore and save Net Neutrality
A democratic MA senator introduced an effort to preserve neutrality, and it passed the senate floor with a 52 to 47 vote. She says internet providers always tell her they won't throttle connections, even if there's no net neutrality.

Six Programs Earn NCAA Public Recognition Award
The most recent APRs are multiyear rates based on scores from the 2013-14, 2014-15, 2015-16 and 2016-17 academic years. I would also like to thank the Morgan Academic Center staff for their efforts in supporting our student-athletes.

Emre Can joining Liverpool's Champions League training camp
It's a very special trophy, because it's the Champions League . "[It would be] a unique moment [to win the final]". Jurgen Klopp will be lauded for his efforts with a squad that is certainly not the fourth best in the league.

The two anti-system parties have completed the joint policy programme for a coalition government and have passed the document to leaders for their approval. European Union officials also are nervously following developments of a proposed Italian referendum on the future of the euro currency and policies aimed at turning away refugees from Africa and the Middle East.

After Berlusconi refused to have anything to do with the 5-Star Movement, who he regards as "more unsafe than communists", Salvini and Di Maio set out to negotiate an agreement to join forces in government.

European Union leaders meeting in Sofia on Wednesday are likely to be concerned about the rhetoric coming from the parties that could form a new Italian government as early as next week.

Salvini and Di Maio have both agreed to drop their own ambitions to be prime minister and are looking for a candidate from outside their parties to enact their program.

"First must come the things that need doing, and only afterwards (we need worry about) absurd rules written many years ago when the world was totally different", he said.

The opposition Democrats, who controlled the outgoing government, warn that the League's vow to drastically lower taxes to a flat 15-percent rate, and the 5-Star's promise to give government subsidies to low-income Italians will spook financial markets and drastically drive up government borrowing costs. The leaked draft also proposed asking the European Central Bank to "freeze" or "cancel" €250bn in Italian debt that it holds after the end of its quantitative easing bond-buying programme - another highly contentious proposal that could unnerve markets and policymakers.

The biggest uncertainty remains who will lead the government supposed to put such policies in practice.



Other News

Trending Now

The West Sussex beaches given top awards
Cefn Sidan in Carmarthenshire was the only site to achieve Blue Flag status when the programme launched in Wales in 1988. Keep Britain Tidy's Chief Executive Allison Ogden-Newton said: "Blue Flag leads the fight back for the Blue Planet".

Bill Bradley says gambling on high school sports is upon us
Such safeguards could fall by the wayside, however, amid what is expected to be frenzied competition for new customers. Unlike in some other states, Mississippi's betting would be confined to casinos and would not be allowed remotely.

United Kingdom government slashes maximum FOBT stakes to £2
High street betting shops opposed such significant reductions in the maximum stake, claiming that thousands of jobs would be lost. The move by Westminster follows a lengthy consultation about the machines - branded the "crack cocaine of gambling" by critics.

Decision on Justice Joseph's elevation to top court deferred again
It had then also made a decision to consider the names of other High Court Judges for elevation as judges of the Supreme Court. The collegium intends to send Justice Joseph's name along with other names being considered for Supreme Court judgeships.