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Month: June 2022

Italy’s Draghi brushes off concerns his coalition could fold

By FRANCES D’EMILIO Associated Press ROME (AP) — Italian Premier Mario Draghi insists his government won’t collapse despite rising political tensions among coalition allies. Draghi told a news conference in Rome Thursday evening following a Cabinet meeting that his predecessor, Giuseppe Conte, confirmed the populist 5-Star Movement won’t yank support. Conte had raised doubts about

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Puerto Rico suspends operations of bank amid global probe

By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — Authorities have announced a suspension of the operations of Puerto Rico-based Euro Pacific International Bank, which officials previously said was under suspicion of facilitating money laundering and offshore tax evasion. The investigation was launched by Puerto Rico’s Office of the Commissioner of Financial Institutions.

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