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Italy's Political Deadlock Ends With Swearing-In of New Government

After three months of political deadlock following inconclusive March 4 elections, Italy has a new government. Prime Minister Giuseppe Conte, a political novice, and his ministers were sworn in Friday. The government is backed by the populist 5-Star Movement and the right-wing League. Markets breathed easier Friday after months of political wrangling ended. European stocks closed higher after Italian parties reached an agreement that led to the formation and swearing in of a new...

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