Italy

Authored by Giulio Meotti via The Gatestone Institute,

Authored by Nick Giambruno via The Mises Institute,

France’s new president can’t keep the European Union together.

In early May, France elected globalist darling Emmanuel Macron. His victory gave the EU a short-term boost. However, it did not change the fundamental problems with Europe’s artificial mega-state.

Doug Casey agrees:

Not everyone is satisfied with today's news that Italy's early elections will likely be pushed back. Italy's anti-establishment 5-Star Movement called on Thursday for immediate national elections after the previously reported deal on electoral reform - which would have resulted in the next Italian elections taking place in September, at the same time as Germany's - among the major parties unraveled.

Whereas most bank clients accepted a bail-in as one of the risks associated with depositing cash on a bank account, Italy doesn’t seem to be too sure about forcing its banks to do so.

We all know the never-ending issues related to Banca Monte Dei Paschi, but that bank wasn’t Italy’s only problem. Two smaller banks, Banco Popolare di Vicenza and Vento Banca also need to be rescued. Although these banks are definitely smaller than Monte Paschi, and wouldn’t have a huge impact on the international banking system, it definitely is an issue which has to be solved.

Update 2:   Macron is now trolling Trump on twitter.

pic.twitter.com/3g5LYO9Osj

— Emmanuel Macron (@EmmanuelMacron) June 1, 2017

Update 1

In a response to President Donald Trump's decision to pull the US out of the Paris climate pact, French President Emmanuel Macron said Thursday night that the effects of climate change are already evident around the world.