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Italian PM Matteo Renzi resigns after losing referendum, president to consult with parties
The 41-year-old’s decision to quit after less than three years in office dealt a new blow to Western governments still in shock from Brexit and the election of outsider Donald Trump as US president. Italian Prime Minister Matteo Renzi resigned on Wednesday after a bruising referendum loss at the weekend, with most parliamentary factions pushing for an early election in a few months’ time. The 41-year-old’s decision to quit after less than three years in office dealt a new blow to Western governments still in shock from Britain’s vote to leave the European Union and the election of outsider Donald Trump as US president. Underscoring the financial risks that heavily indebted Italy faces, Moody’s changed its outlook on the country’s bond rating to negative from stable, saying prospects for much-needed economic reform had shrunk after Italians rejected Renzi’s proposals to revise the constitution and streamline parliament.
India vs. England: India’s tilt at history suffers setback
India aim to match their longest undefeated streak and equal most consecutive series wins but suffer Ajinkya Rahane loss. INDIA ARE yet to go in with the same playing XI twice in a row this year. That’s 10 Tests and 14 changes in personnel overall. If read in isolation, you might mistake it as a team in a state of flux, unrest even. Not a settled unit and certainly not an unbeaten one on top of the world. Already against England, they have put forth three different opening combinations, two wicket keepers, and four spinners. And it’s not like the enforced game of musical chairs was set to end at the Wankhede Stadium on the eve of their 11th Test of the year, even when the out-of-form Ajinkya Rahane entered the nets on Wednesday to receive routine throw downs.
India to Be Less Affected By US Policy Change under Donald Trump, Says S&P
India with a large domestic economy will be less affected by changes in growth and monetary policy in the new set-up under Donald Trump administration, S&P Global Ratings has said. India with a large domestic economy will be less affected by changes in growth and monetary policy in the new set-up under Donald Trump administration, S&P Global Ratings has said.
Raees will still release with Kaabil, Rakesh Roshan not happy about it
Big films clashing in theaters are not a new phenomenon in Bollywood. From Son of Sardaar and Jab Tak Hai Jaan (2013) to Ae Dil Hai Mushkil and Shivaay (2016), many blockbusters have faced each other at the box office. And now, it’s the turn of Raees and Kaabil to battle it out at the ticket window. Though the makers of Kaabil tried their best to avert a face off, and shifted their release date to January 25, a day earlier than the previously announced date of January 26, 2017. Rakesh Roshan, the producer of Kaabil, has spoken on the big clash. He talked to DNA, “I didn’t know about their date. My distributors said we should come out on January 25 from the evening shows. I didn’t know the Raees team also planned to change their date.”
