Salvini's quest for snap Italian vote faces hurdles - Venezuelan currency plummets amid economic crisis - Chinese investment in Europe falls
Political talks are ongoing in Italy which could avert a snap election and see Matteo Salvini's League party ousted from government . But an economic shadow hangs over the chaos and that's a worry for the eurozone.
Brussels has asked the Italian government to explain its lack of progress in reducing debt. Italy's populist government is accused of exposing the bloc to financial problems by ignoring budget discipline rules.
Venezuela is in the middle of an economic meltdown, facing chronic inflation and an acute shortage of essential goods. The government wants to tackle the situation by raising fuel prices. But that could prove tricky.
In a bid to combat hyperinflation, Venezuela has unveiled new paper money with five fewer zeros. It comes after the IMF warned that the nation's inflation could reach one million percent this year.
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