G7

Western rival to Belt and Road has much to prove

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Western rival to Belt and Road has much to prove

LONDON, Sept 25 (Reuters Breakingviews) – Western countries have a window of opportunity to come up with a credible infrastructure plan for the developing world. China’s $1 trillion Belt and Road Initiative is drowning in bad debts and may be about to lose Italy, the only big rich democracy which is a member. The People’s … Read more

Italian PM: Strong partnership with China more important than Belt and Road Initiative

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Italian PM: Strong partnership with China more important than Belt and Road Initiative

Italy’s Prime Minister Giorgia Meloni looks on, as she is welcomed by U.S. President Joe Biden (not pictured), in the Oval Office at the White House, in Washington, U.S. July 27, 2023. REUTERS/Jonathan Ernst/File Photo Acquire Licensing Rights ROME, Sept 10 (Reuters) – Prime Minister Giorgia Meloni said on Sunday there was more to Italy’s … Read more

Column: US rates biting beneath the surface

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Column: US rates biting beneath the surface

LONDON, Sept 8 (Reuters) – Rising U.S. business bankruptcies may raise a red flag in what otherwise appears like an economy now impervious to rising interest rates. News of accelerating service sector growth last month and another drop in jobless claims this week are just the latest in a string of data showing the U.S. … Read more