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Prime Minister Giorgia Meloni’s government extended Italy’s fuel tax cut through May 1, committing about €500 million ($577 million) in added funds to blunt the impact of higher energy prices caused by the Iran war.
Source
Bloomberg Markets
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The Christian holiday on Friday, April 3, is not a federal holiday, but there are still some key closures. Here’s what you need to know.
A G1 or G2-class geomagnetic storm is forecast to develop on Friday, April 3, through Saturday, April 4, with the aurora borealis possible from northern U.S. states.
Israel’s largest gas field resumed production after a 33-day shutdown triggered by the Iran war, likely providing some relief for markets that are struggling with supply.
Italy’s deficit breached the European Union’s ceiling last year in the biggest fiscal setback for Prime Minister Giorgia Meloni’s government since she took office in 2022.