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The government of Italian Prime Minister Giorgia Meloni has officially notified China about Italy's withdrawal from the Belt and Road Initiative. This move confirms the months-long speculations that Rome was planning to cease its involvement in Beijing's global infrastructure program, in which Chinese banks finance projects from highways, ports, railways, power plants, and telecommunications infrastructure.
Bloomberg quoted Foreign Minister Antonio Tajani, who said BRI "has not produced the desired effects" and is no longer "a priority."
Tajani spoke at an event in Rome earlier today hosted by newswire Adnkronos. He said countries ex-BRI "have better results" in terms of economic growth.
Data from Bloomberg shows Italy's trade deficit with China exploded following the BRI deal, making the European country even more dependent on supplies from China.
Italy was the first Group of Seven (G7) countries to join the BRI in 2019. With its five-year memorandum of understanding up for renewal, Italy has chosen to withdraw from the deal.
Since Meloni took office last year, she has made it very clear that she is withdrawing from the BRI. She said joining was a "big mistake."
https://www.zerohedge.com/geopolitical/italy-exits-chinas-silk-road-initiative-citing-lack-expected-results
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About Jeffrey Prather
Retired Special Operations Soldier, former DIA Intelligence Collector, and ex-DEA Special Agent, Jeffrey Prather, delivers situational awareness and breaks down what’s coming for freedom-loving patriots.
Targeted by the Deep State, Jeffrey became a whistle-blower and refocused his mission to serve you with...
DHS denied Trump's Secret Service detail requested additional support. After the official Republican nomination Trump's detail would be increased automatically. Assassin struck prior to that, and, snuck into mid-concentric circle security, highly likely farmed out to locals roving police patrols. Majority of police have no training and are poor at diplomatic security.
FBI brings in evidence teams after releasing eye witnesses, and it is all filmed.
THIS WAS PLANNED! -JP
Today on The Prather Point:
HR-1 ends elections!
US cold, China coal-ed!
NATO mobilizes 300K troops!
Irish troubles to US!
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Today on The Prather Point LIVE at 2 pm ET on RUMBLE:
J-6ERS WHO SHOULD BE KEYNOTE SPEAKERS OUT OF RINO CPAC!
TRUMP'S CARTEL WAR AND DEEP STATE WAR ARE ONE AND SAME!
IS THE NEXT HORSE SOLDIERS GOVERNMENT OVERTHROW IN MEXICO?
CARTELS ARE BEHIND ARIZONA GOVERNOR'S VETO OF BALLOT EXPEDITING BILL!
WITH CIA'S LONG DRUG CONNECTIONS, WHO DO YOU THINK SPY PLANES ARE REPORTING TO?
FAST & FURIOUS = SYMPTOM. SINALOA CARTEL'S MEXICAN GOVERNMENT OWNERSHIP IS SOURCE!
“At 4:30pm EST, my boss called me to tell me I had been placed on administrative leave pending an Investigation,” Dudek wrote. “They want to fire me for cooperating with DOGE.”
“I confess. I helped DOGE understand SSA. I mailed myself publicly accessible documents and explained them to DOGE. I confess. I moved contractor money around to add data science resources to my anti-fraud team. I confess. I asked where the fat was and is in our contracts so we can make the right tough choices.”
“I confess. I bullied agency executives, shared executive contact information, and circumvented the chain of command to connect DOGE with the people who get stuff done,” the post continued.
Dudek then offered his explanation for cooperating with what has become the enemy of entrenched power: “Everything I have ever done is in service to our country, our beneficiaries, and our agency.”
The Daily Wire reported that, based on a source it did not name, Deputy Commissioner for Analytics, Review, ...
Today on The Prather Point LIVE at 2 pm ET on RUMBLE:
RAND PAUL TO MUSK: IS FORT KNOX GOLD STILL THERE OR DID THEY STEAL THAT TOO?
MYTH-1: BIDEN CRIME CARTEL ARREST WARRANTS ARE NOT IMMINENT!
MYTH-2: NO SPECIAL FORCES WON'T BE GOING SICARIO IN MEXICO!
INTERVIEWING THE INTERVIEWER: SEAN OF LIBERTY MILL!
