Tag Archives: votes

Euro skids, shares hit after Italy votes ‘no’ on reform

The euro fell to a 20-month low on Monday and investors fled riskier assets after Italian Prime Minister Matteo Renzi said he would resign following a stinging defeat on constitutional reform that could destabilize the country’s shaky banking system. Renzi’s defeat deals a body blow to a European Union already reeling under anti-establishment anger that led to the… Read More »

Brazil’s Rousseff scrambles for votes to avert impeachment

Brazilian President Dilma Rousseff hunkered down at her residence on Saturday for last-minute negotiations with wavering lawmakers in an effort to secure crucial support the day before an impeachment vote that could lead to her removal from office. Rousseff cancelled an appearance at an anti-impeachment rally of union and leftist social activists led by former president Luiz Inacio… Read More »