EUROPE
French president airs
grievances to his most important ally * Merkel sidesteps Macron’s call for a
euro-zone budget
ITALY
Italy's Berlusconi Gives Green Light to a Populist Tie-Up – BB
Five Star, League have
been pressing ex-premier for go-ahead * President Mattarella gave populist
parties 24 hours for deal
Five Star and League
hail ‘significant steps’ after Berlusconi gives blessing to tie-up
Italian Bonds, Stocks Slide As Populist Parties On Verge Of Forming Euroskeptic Government – ZH
EUROPEAN CENTRAL BANK
Iempeccable – Europe’s inflation trouble – Lukas Daalder
UNITED STATES
U.S. consumer prices
rise slightly; labor market tightening – Reuters
U.S. Consumer Prices
Rise Less Than Forecast in April – BB
MARKETS / OTHER
U.S. allies will continue to do business, despite the threat of
sanctions.
History shows that in moments of weakness, Tehran is most cooperative.
Has Trump created such a moment?
REGULARS
Malaysia election shock, Italian breakthrough, Uber flying taxi
RBS Agrees $4.9 Billion U.S. Settlement, Investors Await BOE’s Interest
Rate Plan
China’s Shopping List | Rising Costs Squeeze Businesses | California
Insists On Solar
Kiwi Tumbles on Dovish RBNZ, While Sterling Goes Nowhere Ahead of BOE
Brussels Playbook – Politico
Italy breakthrough — Top tip for dictators — ‘Psychological violence’ at
EU asylum agency