Chinese President Xi Jinping arrived in Rome at the start of a whistle stop European tour amid growing Western unease over the economic giant's new Silk Road project. Prime Minister Giuseppe Conte is to sign a memorandum of understanding with Mr. Xi on Saturday for Italy to join the US$1 trillion Belt and Road Initiative, the first G7 member to do so.
Chinese President Xi Jinping will travel to Italy, Monaco and France this week, the foreign ministry said on Monday, with Rome expected to join his global trade infrastructure program despite reservations in other European countries.
European Council President Donald Tusk has said he will appeal to EU leaders “to be open to a long extension” of the Brexit deadline, if the UK needs to rethink its strategy and get consensus. His intervention came as UK MPs voted to seek a delay of the 29 March deadline to leave the EU. EU leaders meet in Brussels on 21 March and they would have the final say.
Pope Francis has said the Roman Catholic Church will open up its archives on Pius XII, who was Pope during World War Two. Pius, who was Pope from 1939 to 1958, has been accused of tolerating the rise of Nazi Germany and of not doing enough to protect Jews during the Holocaust. The Vatican says he worked behind the scenes to try to protect Jews.
The Minister of Foreign Affairs of Uruguay, Rodolfo Nin Novoa, ratified his position on Friday on a peaceful solution to the political and institutional crisis suffered by Venezuela along with his Italian counterpart, Enzo Moavero Milanesi in Montevideo. The Uruguayan chancellor questioned the attitude of the secretary general of the Organization of American States (OAS), Luis Almagro, considering that he took sides on the Venezuelan conflict.
In an industry-first, events took place at Fincantieri shipyard in Monfalcone, Italy, to mark the construction progress for each of the 3,660-guest Sky Princess, Enchanted Princess and a sixth Royal-class ship yet to be named. For Sky Princess, which will launch in October this year, a Madrina ceremony was held.
Italy's economy tipped into recession at the end of last year, according to latest figures. In the final three months of 2018, the economy shrank by 0.2%, following a 0.1% decline in the third quarter, the Istat statistics office said. Italian Prime Minister Giuseppe Conte said the contraction was likely to continue into 2019.
An earthquake with a magnitude of 4.8 hit an area north of Catania on the slopes of Mount Etna in Sicily early on Wednesday, damaging buildings and injuring about 30 people, officials said.
A rise in hotel and cruise bookings has helped European travel group Tui sail through another year with more than 10% growth in profits. It said next year, profits would grow a similar amount as customers also bought more excursions and holiday activities. Tui has seen double-digit growth for the last four years.
United States President Donald Trump jets into Argentina on Thursday for a G20 summit, keen to do battle with China on trade and sharpening his rhetoric against Russia over Ukraine. The weekend summit is confronted with increasingly dire warnings, by the International Monetary Fund among others, of the potential harm faced by the world economy from Trump's trade wars.