NewsTrump airs grievances with NATO chief over alliance's lack of Iran war support
President Trump met with NATO Secretary General Mark Rutte Wednesday, where he shared his frustrations with the lack of support he's received from allies on the Iran war.
Trump has lost support from independents over the course of his second term - AP-NORC
Independent support for Donald Trump has declined significantly since the 2024 election. While 43% of independents supported him during the campaign, only about a quarter do so today. The drop is particularly pronounced among independents without a college degree.
Consumer sentiment improves but stays near all-time low, survey shows
Shopper attitudes improved in June for the first time since the outbreak of the Iran war, according to a University of Michigan survey.
US producer prices rose 6.5% on higher energy prices, largest yearly jump since 2022
U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by surging energy prices
https://abcnews.com/Business/wireStory/us-producer-prices-rose-65-higher-energy-prices-133780472
China May wholesale inflation hits near 4-year high on Iran war-led higher input costs, AI boom
The Middle East conflict has given China's economy a reflationary boost as energy and raw material disruptions deepened.
Italian News by RSSAdnkronos - ultimoratop: Roland Garros, time-out medico e lacrime per Paolini: l'azzurra eliminata al secondo turno
(Adnkronos) - La toscana cede al terzo set, dopo un infortunio alla caviglia
Stability pact, Italy awaits the EU response on flexibility for energy.
AGI - The government is awaiting a response or counter-proposal from the EU to Italy’s request to introduce greater flexibility in the Stability Pact, even regarding energy, as is already possible with security matters. This request follows the surge in energy prices due to the Iran war. Yesterday, sources from Brussels announced that the Commission’s response should arrive next June 3rd, coinciding with the presentation of the “Spring Package of the European Semester.”
Meanwhile, the International Monetary Fund estimates that Italy “will continue to grow at a modest pace, hampered by unfavorable external factors and structural challenges” such as the “excessively high” public debt, which exceeds 3 trillion euros.
“Italy’s position is very simple: we believe we are in an exceptional situation. Of course, some countries no longer have manufacturing and are therefore less interested in energy. But if the response is that ‘this cannot be done because we are not in a severe recession’, then the response is that it can be done for defense spending,” stated Economy Minister Giancarlo Giorgetti during the Lega’s annual economic seminar in the Chamber of Deputies. He then added: “The discussion with the EU is ongoing, it is not easy. I hope that a counter-proposal or response from the EU on this aspect will arrive soon, there are all the elements for it. We will continue because we are convinced we are right.”
Critique of the EU’s Geopolitical Approach
Another assessment concerns the EU’s approach to the current global crisis. “In China and the US, the issue is addressed with a political vision. Essentially – the minister assessed – the EU is a passive subject that suffers the decisions of others. We continue with an approach from 10 or 20 years ago, in a world that has become totally different. You cannot continue to use the tools, rules and methods of an era that is now outdated.”
Vice Premier and League leader Matteo Salvini’s assessment of the EU is even tougher: “When they ask us what we do if Brussels says no, what do we do? If Brussels says: ‘you are dying and I am letting you die’, I will not die. I will not stop the Italian industrial system for caprice, complicity, slowness or obtuseness.”
IMF Estimates of GDP and Debt
Today, the IMF noted that Italy’s real GDP will grow by 0.5% in 2025, supported by private consumption and ongoing investments within the PNRR, with the Middle East conflict, and is projected to grow by 0.5% this year and in 2027. However, the IMF warns about the high public debt. It emphasizes that the overall deficit has fallen to 3.1% of GDP in 2025, reflecting an improved result compared to the initial target for the second consecutive year. Despite these advances, public debt has increased to approximately 137% of GDP by the end of 2025, and the debt dynamics remain “vulnerable to shocks related to growth, interest rates, and confidence.”
The IMF also suggests evaluating the effectiveness of the government’s measures to mitigate the high energy prices. The measures “should be budget-neutral, temporary, well-targeted, and not undermine incentives to reduce energy consumption” and therefore “the recent generalized reduction in excise duties on diesel and gasoline, aimed at mitigating the shock, should be replaced by targeted cash transfers to the most vulnerable families.” At the same time, the IMF observes, “any new spending, including that for defense, should be fully offset to safeguard budgetary sustainability.”
Giorgetti’s Response on Debt and Excise Duties
Giorgetti, responding to these observations, replied: “We know that the debt is high, it’s not a new thing, when we will finish paying the past rates of the Superbonus ‘as you know naturally it rises’. That’s why we are so careful in managing public finances.”
Regarding the IMF’s invitation to replace cuts in fuel excise duties with measures for families, the Minister of Economy replied: “Read the whole report, yesterday we had the meeting, it went well.”
#Italy #theStabilityPact #theIranwar #Brussels #Commission #GiancarloGiorgetti #China #MatteoSalvini #Italian #theMiddleEast #approximately137% #Superbonus
https://www.agi.it/economia/news/2026-05-27/ue-patto-stabilit-energia-37264983/
Il Sole 24 ORE - Italia: Benzina, il boom dei prezzi non ferma gli automobilisti: a marzo consumi su del 9,5%
Il boom del costo dei carburanti nel mese di marzo, il primo coinvolto dagli shock petroliferi per la guerra in Iran, non ha provocato la reazione che ci si sarebbe...
Gasoline, the price boom isn't stopping motorists: March consumption rose by 9.5%.
The surge in fuel prices in March, the first affected by the oil shocks caused by the Iran war, did not trigger the reaction that was expected…
Benzina, il boom dei prezzi non ferma gli automobilisti: a marzo consumi su del 9,5%
Il costo medio della verde, a marzo, è stato di 1,765 euro al litro secondo il ministero dell’Ambiente, cioè il 6,77% in più di febbraio. Eppure, sono state consumate 65mila tonnellate in più di benzina
Agenzia Nova: Business news: Regno Unito, inflazione accelera al 3,3 per cento, pesa shock energetico guerra Iran
25 apr 06:00 - (Agenzia Nova) - L'inflazione nel Regno Unito e' salita al 3,3 per cento a marzo, in aumento dal 3 per cento di febbraio, segnalando... (Rel)
Business news: United Kingdom, inflation accelerates to 3.3 percent, weighed down by energy shock caused by the Iran war.
25 Apr 06:00 - (Agenzia Nova) - Inflation in the United Kingdom rose to 3.3 percent in March, up from 3 percent in February, signaling... (Rel)
#UnitedKingdom #33percent #theIranwar #AgenziaNova #theUnitedKingdom #3percent
Repubblica.it: Trump attacca Harry, Starmer e Meghan. Ma salva re Carlo (che lunedì andrà in visita negli Usa)
Dopo le minacce di vendette contro Londra “che non ha aiutato nella guerra in Iran”, nuovo show di Donald dopo la visita del principe a Kiev: “Le accuse contro l’America? Lui non parla per conto del Regno Unito”. E sul sovrano: “Il suo viaggio migliorerà i rapporti con gli Stati Uniti”
Trump attacks Harry, Starmer, and Meghan. But he saves King Charles (who will visit the US on Monday).
Following threats of revenge against London “which didn’t help in the Iran war,” a new show by Donald after the Prince’s visit to Kiev: “Accusations against America? He doesn’t speak for the United Kingdom.” And regarding the sovereign: “His journey will improve relations with the United States.”
#Trump #Harry #Starmer #Meghan #London #theIranwar #Donald #America #theUnitedKingdom #theUnitedStates
Today: Trump: "L'Italia non c'è stata per noi, noi non ci saremo per loro"
"L'Italia non c'è stata per noi, noi non ci saremo per loro". Lo afferma Donald Trump sul social Truth, allegando al suo messaggio un articolo del Guardian del 31 marzo dal titolo "L'Italia nega l'uso della base in Sicilia agli aerei americani che trasportano armi per la guerra in Iran".
Trump: "Italy hasn't been there for us, we won't be there for them."
Italy hasn't been there for us, we won't be there for them." Donald Trump stated on the social platform Truth, attaching to his message an article from The Guardian dated March 31st titled "Italy Denies Use of Sicilian Base for American Aircraft Transporting Arms for the Iran War."
#Italy #DonaldTrump #Guardian #Sicilian #theIranWar
https://www.today.it/mondo/trump-l-italia-non-c-e-stata-per-noi-noi-non-ci-saremo-per-loro.html
Guerra in Iran, ultime notizie in diretta. Un casco blu è stato ucciso in Libano, doppio stop "diplomatico" alla guerra di Trump e Netanyahu
L'attacco preventivo contro l'Iran lanciato sabato 28 febbraio da Stati Uniti e Israele aveva l'intento di far cadere il regime, ma ora l'intera regione del Golfo Persico è nel caos. Il blocco dello stretto di Hormuz getta nello scompiglio i mercati globali