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Italy Advances Tougher Measures on Migrant Arrivals

ILE PHOTO: Italian Prime Minister Giorgia Meloni attends a bilateral meeting with U.S. Vice President JD Vance (not pictured), during his visit to the Milano Cortina 2026 Winter Olympics in Milan, Italy, February 6, 2026.  Italy’s government has approved a new migration bill that would grant authorities the power to impose temporary naval blockades during periods of intense pressure on the country’s borders. The proposal, backed by Prime Minister Giorgia Meloni, is designed to curb irregular sea crossings by restricting access to Italian territorial waters. The draft law would allow officials to bar vessels from entering for up to 30 days, with the option to extend the measure to six months if national security or public order is deemed at risk. The plan also strengthens border surveillance, increases penalties for human smuggling, and expands the list of offenses that can lead to deportation. Supporters argue the move is necessary to manage migration flows more effectively, whi...
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U.S. Consumer Prices Rise in October, Slowing Progress Toward Low Inflation

 

U.S. consumer prices increased as anticipated in October, reflecting a continued but modest rise in inflation. According to the latest data from the Labor Department, the Consumer Price Index (CPI) rose by 0.2% for the fourth consecutive month. Over the past year, the CPI has advanced by 2.6%, up from 2.4% in September.

The core CPI, which excludes volatile food and energy prices, also saw a 0.3% increase in October, maintaining the same pace for the third month in a row. Annually, the core CPI has risen by 3.3%.

Economists had predicted these figures, indicating that while inflation is not accelerating, the progress toward achieving the Federal Reserve’s target of 2% inflation has slowed. This trend suggests that the Federal Reserve may be less inclined to implement further interest rate cuts in the near future.

The slight uptick in inflation is partly attributed to rising shelter costs, which accounted for more than half of the overall increase in prices. Despite the modest gains, the inflation rate remains significantly lower than the peak of 9.1% seen in June 2022.

As the Federal Reserve continues to monitor these developments, the economic outlook remains cautious, with potential implications for future monetary policy decisions.


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