Wednesday

26th Jul 2017

Ticker

Stieglitz: Italy referendum dangerous for euro

Nobel laureate economist Joseph Stieglitz has told US journal Business Insider that Italy's October referendum could be a "cataclysmic event" that brings down the euro. He said the referendum, on constitutional reform, will in fact be a vote of confidence in Italian PM Matteo Renzi, and that if he is forced out, new political forces could trigger a euro exit. "That is a big risk", he said.

Journalists on trial highlight Turkey crackdown

The trial, which opened Monday, of 17 journalists and administrative employees of the daily newspaper Cumhuriyet is considered one of the most important episodes in a systematic campaign to silence dissent.

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