The Art of Foreign Policy: Italy and North Korea
Almost two years after Great Britain voted to leave the Europeans Union with its Brexit vote, some political leaders in another key country in Europe are making ramblings that they're unhappy. There are signs that Italy's place in the EU and use of the Euro currency could be tenuous.
That prospect sent world financial markets falling earlier this week, but not everyone is overly concerned.
"This is nothing new in Italy," says Art Cyr, Professor of Political Economy and World Business at Carthage College. "They have a history, and a tradition in fact, of unsteady, unstable, insecure governments." Cyr, who is Lake Effect's Foreign Policy contributor, says he doesn't believe that the current turmoil in Italy will lead the country to leave the European Union.