The European Commission is investigating the Italian government’s controversial sale of a 15% stake in Monte dei Paschi di Siena, amid claims that major investors like UniCredit and BlackRock were excluded from the bidding process managed by Banca Akros. The sale has raised concerns about market fairness, leading to scrutiny from both EU officials and Milanese prosecutors, while the Italian finance ministry defends the process as standard.
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Banana republic? Trump puts credibility of US economic data on the line | Business and Economy
The recent dismissal of Bureau of Labor Statistics Commissioner Erika McEntarfer by President Trump has raised significant concerns among economists and policymakers about the integrity of U.S. economic data, which is crucial for global markets. Critics argue that this action could lead to political interference in data reporting, undermining trust in official statistics and drawing parallels to practices seen in authoritarian regimes. Want More Context? 🔎
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