European leaders warned at the World Economic Forum in Davos on Wednesday against a return to nationalism, with France’s Emmanuel Macron and Germany’s Angela Merkel calling for more global cooperation to harness the forces of globalization.
France said it was ready to seek other buyers for its biggest shipyard should Italy refuse a 50-50 ownership split, before both countries pledged to find a solution next month. French Economy Minister Bruno Le Maire, told the Corriere della Sera daily that a deal with Fincantieri might not be thrashed out.
PM Theresa May has told Donald Trump of her “disappointment” with his decision to pull the US out of the 2015 Paris climate agreement. In a phone call with the US president, Mrs. May said the UK remained committed to the deal, according to a Downing Street statement. But Mrs. May has been criticized for not signing a joint condemnation from France, Germany, and Italy. Mr. Trump said he would try to negotiate a new, “fairer” climate deal.
State President Sergio Mattarella commissioned the 62-year-old Social Democrat to form a new government. Gentiloni said his nomination was a great honor, which he wanted to fulfill with consciousness of responsibility and dignity. It is unclear whether he will remain in office until spring 2018.