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May 30, 2018

Is trust in Italy evaporating?

(Global Edition) From the BBC World Service … The future of Italy’s political leadership remains in limbo and investors are worried about what it means for the country’s continued participation in the eurozone’s common currency. The nation’s borrowing costs have soared in recent days amid the turmoil. So, is trust in Italy evaporating? Then, the global economy is expected to grow by nearly 4 percent this year and next, with unemployment in the developed world falling to the lowest level in four decades. We talk to the OECD, which released the forecasts, about what’s driving that growth. Afterwards, Slack – the instant-messaging services used by companies all over the world – is reported to have a valuation north of $5 billion. But despite the rapid growth, the company’s co-founder and CEO tells us why he’s not looking to tap the public market … yet. (05/30/2018) 

Italian President Sergio Mattarella addresses journalists after a meeting with Italy's prime ministerial candidate Giuseppe Conte on Sunday at the Quirinale presidential palace in Rome. Italy's prime ministerial candidate Giuseppe Conte gave up his mandate to form a government after talks with the president over his cabinet collapsed. 
Italian President Sergio Mattarella addresses journalists after a meeting with Italy's prime ministerial candidate Giuseppe Conte on Sunday at the Quirinale presidential palace in Rome. Italy's prime ministerial candidate Giuseppe Conte gave up his mandate to form a government after talks with the president over his cabinet collapsed. 
VINCENZO PINTO/AFP/Getty Images

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(Global Edition) From the BBC World Service … The future of Italy’s political leadership remains in limbo and investors are worried about what it means for the country’s continued participation in the eurozone’s common currency. The nation’s borrowing costs have soared in recent days amid the turmoil. So, is trust in Italy evaporating? Then, the global economy is expected to grow by nearly 4 percent this year and next, with unemployment in the developed world falling to the lowest level in four decades. We talk to the OECD, which released the forecasts, about what’s driving that growth. Afterwards, Slack – the instant-messaging services used by companies all over the world – is reported to have a valuation north of $5 billion. But despite the rapid growth, the company’s co-founder and CEO tells us why he’s not looking to tap the public market … yet. (05/30/2018)