The previous Trump term saw corporate tax cuts that brought more liquidity to markets, encouraging investment into cryptocurrency
business1 day ago
Strikes by airport and airline staff grounded hundreds of flights and left thousands of travellers stranded in Europe on Saturday at the height of the busy summer tourism season.
In Italy, some 1,000 flights, both domestic and international, were cancelled as a result of the strike by ground crew, according to airport and airline authorities.
Another 120 flights due to depart and arrive from Belgium's Charleroi airport were cancelled Saturday and Sunday, triggered by a walkout of budget carrier Ryanair pilots over working conditions.
Italy's strike alone left some 250,000 travellers stranded in one of the world's top tourist spots.
It comes amid a record heatwave, billed by the national weather service as "one of the most intense of all time", that would bring temperatures of at least 40 degrees Celsius (104 Fahrenheit) to Rome and 48C to the islands of Sicily and Sardinia.
The strike by ground crew, who are demanding a new collective contract six years after the previous one expired, was due to last from 10am (0800 GMT) to 6pm (1600 GMT).
The airport in Rome saw some 200 flights cancelled, authorities said.
Flights by Malta Air, which handles transfers for popular budget carriers Ryanair, Vueling and Ita Airways, were also affected after pilots joined the walkout.
Milan's airports saw some 150 flight cancellations, while dozens of others were grounded in Turin and Palermo.
Transport Minister Matteo Salvini called the strikers to exercise "common sense" so as "not to harm millions of other workers and tourists".
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