Italy withdraws from China’s Belt and Road Initiative

<p><em>From the BBC World Service</em>: Italian Prime Minister Giorgia Meloni&#8217;s administration is pulling out of China&#8217;s flagship Belt and Road Initiative, the massive  infrastructure and trade project. This is leading to fears that Italy’s $20 billion export market into China could be threatened. Plus, G7 countries look to sanction Russian diamonds. Then, in Spain, a poor harvest is causing a shortage of olive oil and pushing prices up.</p>