Why a rout in government bonds is worrying
The world’s biggest bond markets are in the throes of another rout as a new era of higher for longer interest rates takes hold.
The world’s biggest bond markets are in the throes of another rout as a new era of higher for longer interest rates takes hold.
Italian actress Sophia Loren is recovering from emergency surgery following a fall in her bathroom at her Swiss home.
Climate change activists used charcoal diluted with vegetable oil to turn the normally bright blue water of Rome’s famous Trevi Fountain black on Sunday.
After an estimated six months’ worth of rain fell in a day and a half, more than 20 rivers in Italy burst their banks, displacing thousands of people and animals from their homes and resulting in the deaths of 13.
According to the Vatican, Pope Francis will be hospitalized for “a few days” for treatment of a respiratory infection.
Matteo Messina Denaro, Italy’s most wanted mafia boss, was arrested on Monday by armed police at a private hospital in Sicily, after 30 years of being on the run. Messina Denaro was placed on Italy’s wanted list in