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#MoneyBeat Italy’s 5 Star Movement Can’t Keep Rome Clean, Italy’s Populist Storm, Russia Demands Involvement in U.K. Probe

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A woman walks in a flooded street in front of the ancient Colosseum.
Angelo Carconi/ANSA/Associated Press

Italian Vote-Winner 5 Star Movement Has Spotty Record Governing Rome:  For the 5 Star Movement, the Eternal City has been an eternal headache. As the protest movement vies to head the national government, critics point to its problems keeping the capital clean and moving.

A Populist Storm Stirs in Italy: Europe’s establishment breathed a sigh of relief after the pro-European Union centrist Emmanuel Macron was elected French president this week. But another populist storm is brewing in Italy, where the euroskeptic 5 Star Movement has remained strong.

Russia Demands to Be Involved in Spy Poisoning Probe as U.K. Deadline NearsRussian Foreign Minister Sergei Lavrov said that Moscow would only cooperate with the U.K.’s investigation into the nerve-agent poisoning of a former spy if London supplied the substance in question and opened up the probe to Russian officials.

For Many Russians in London, Spy Poisoning Is a Blast From Another World: For many of the thousands of Russians who have helped lend this city the nickname Moscow-on-Thames, the nerve-agent poisoning of one of their countrymen is a jarring intrusion from a world they thought they’d left behind.

Nerve Agent Used in Attack Was Developed in Soviet Union as a Weapon: The class of nerve agent that British authorities believe was used to poison Sergei Skripal and his daughter in the English city of Salisbury is among the deadliest chemical weapons ever devised.

Is Time Running Out for the Swiss Watch Industry?: With sales flagging, Switzerland’s watchmakers need to raise the interest of a generation that has no need for traditional timepieces.


 Spring Statement 2018: Philip Hammond Gives Upbeat Outlook for U.K.   – Financial Times

U.K. Brexit Divorce Bill Is 37.1 Billion Pounds, Says Watchdog  –  Bloomberg

EU tells Britain to ‘Face up to Hard Facts’ on Brexit  – Reuters

After Murder and Protests, Slovak Leaders Struggle to Keep Power  –  New York Times

Jens Weidmann Becomes ECB’s Piñata  – Politico

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