Buhari hails ‘impressive’ election of Nigerian-born Iwobi as senator in Italy By gowidenews. President Muhammadu Buhari has congratulated Tony Iwobi, a Nigerian-born man elected senator in Italy. Iwobi is the first black politician to be elected into the Italian parliament. In a statement on Friday, Femi Adesina, special adviser to the president on media, said Buhari met with Iwobi alongside a high-powered team from the Italian senate. The meeting took place on the sidelines of the 73rd United Nations general assembly in New York on Thursday. Adesina said their discussions centred around illegal migration, how it can be curbed through investment in Africa, and the recharge of the Lake Chad via inter-basin water transfer, among others. “Africa doesn’t need charity, but collaboration to develop,’’ Iwobi was quoted as saying. On his part, Buhari attributed irregular migration from developing to developed countries to lack of security, education, and healthcare, among other ...
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Showing posts from September 28, 2018
EUROPEAN WARNINGS OVER ITALY'S POPULIST BUDGET
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By gowidenews
gowidenews.blogspot.com
European warnings over Italy's populist budget 28 September 2018 Europe By gowidenews. Italian Deputy Prime Minister Luigi Di Maio celebrates outside Chigi Palace at the end of the Council of Ministers Image caption Italian Deputy Prime Minister Luigi Di Maio says they are not seeking conflict with Brussels The Italian people will end up worse off under the populist government's ambitious spending plans, the European Union has warned. EU Economics Commissioner Pierre Moscovici said plans setting the budget deficit at 2.4% of GDP will only add to Italy's €2.3tn ($2.7tn; £2tn) debt. But Italy's coalition government, which denies it is seeking conflict with Brussels, insists the debt will fall. However, the budget announcement has sent tremors through the system. Italian stocks fell almost 4% on Friday, while the euro slipped below $1.16 for the first time in two weeks. How is Italy defying the EU? Mr Moscovici said the European Commission had "no interest in a c...