We publish Information regarding certain stocks, options, futures, bonds, derivatives, commodities, currencies and or other securities collectively, Securities that we believe may interest our Users. The Information is provided for information purposes only, and WPR is not engaged in rendering investment advice or providing investment-related recommendations, nor does WPR solicit the purchase of or sale of, or offer any, Securities featured by and or through the WPR Offerings and nothing we do and no element of the WPR Offerings should be construed as such.
Trading in Securities involves risk and volatility. Past results are not necessarily indicative of future performance. The Information represents an expression of our opinions, which we have based upon generally available information, field research, inferences and deductions through our due diligence and analytical processes. Due to the fact that opinions and market conditions change over time, opinions made available by and through the WPR Offerings may differ from time-to-time, and varying opinions may also be included in the WPR Offerings simultaneously.
To the best of our ability and belief, all information is accurate and reliable, and has been obtained from public sources that we believe to be accurate and reliable, and who are not insiders or connected persons of the applicable Securities covered or who may otherwise owe any fiduciary duty or duty of confidentiality to the issuer. However, such information is presented on an as is, as available basis, without warranty of any kind, whether express or implied.
WPR makes no representation, express or implied, as to the accuracy, timeliness or completeness of any such information or with regard to the results to be obtained from its use. All expressions of opinion are subject to change without notice, and WPR does not undertake to update or supplement any of the Information. The Information may include or may be based upon, Forward-Looking statements as defined in the Securities Litigation Reform Act of 1995.
Forward-Looking statements may convey our expectations or forecasts of future events, and you can identify such statements a because they do not strictly relate to historical or current facts; b because they use such words such as anticipate, estimate, expect sproject, intend, plan, believe, may, will, should, anticipates or the negative thereof or other similar terms; or c because of language used in discussions, broadcasts or trade ideas that involve risks and uncertainties, in connection with a description of potential earnings or financial performance.
Without limiting the foregoing, the Information is not intended to be construed as a recommendation to buy, hold or sell any specific Securities, or otherwise invest in any specific Securities. There exists a variety of risks uncertainties that may cause actual results to differ from the Forward-Looking statements. We do not assume any obligation to update any Forward-Looking statements whether as a result of new information, future events or otherwise, and such statements are current only as of the date they are made.
You acknowledge and agree that use of WPR Information is at your own risk. In no event will WPR or any affiliated party be liable for any direct or indirect trading losses caused by any Information featured by and through the WPR Offerings. You agree to do your own research and due diligence before making any investment decision with respect to Securities featured by and through the WPR Offerings. You represent to WPR that you have sufficient investment sophistication to critically assess the Information.
If you choose to engage in trading or investing that you do not fully understand, we may not advise you regarding the applicable trade or investment. We also may not directly discuss personal trading or investing ideas with you. The Information made available by and through the WPR Offerings is not a substitute for professional financial advice. You should always check with your professional financial, legal and tax advisors to be sure that any Securities, investments, advice, products and or services featured by and through the WPR Offerings, as well as any associated risks, are appropriate for you.
You further agree that you will not distribute, share or otherwise communicate any Information to any third-party unless that party has agreed to be bound by the terms and conditions set forth in the Agreement including, without limitation, all disclaimers associated therewith. If you iqoption l Information as an agent for any third-party, you agree that you are binding that third-party to the terms and conditions set forth in the Agreement.
Unless otherwise noted and or explicitly disclosed, you should assume that as of the publication date of the applicable Information, WPR along with or by and through any WPR Party iestogether with its clients and or investors, has an investment position in all Securities featured by and through the WPR Offerings, and therefore stands to realize significant gains in the event that the price of such Securities change in connection with the Information.
We intend to continue transacting in the Securities featured by and through the WPR Offerings for an indefinite period, and we may be long, short or neutral at any time, regardless of any related information that is published from time-to-time. Our research shows us that iQIYI, Inc. IQ was committing fraud well before its IPO in 2018 and has continued to do so ever since.
Like so many other China-based companies who IPO with inflated numbers, IQ is unable to legitimately grow their business enough to true up their financial statements. We estimate IQ inflated its 2019 revenue by approximately RMB 8-13 billion, or 27 -44. Then, IQ inflates its expenses, the prices it pays for content, other assets, and acquisitions in order to burn off fake cash to hide the fraud from its auditor and investors.
We conducted in-person surveys of 1,563 people within IQ s target demographic in China during October and November 2019 and found that approximately 31. 9 of IQ users have access to its VIP-only content through their memberships with IQ s partners such as JD. com or Xiaomi TV. IQ accounts for dual memberships on a gross basis, meaning it records the full amount of revenue and records its partners share as expenses.
We also obtained Chinese credit reports for all of IQ s VIEs and WFOEs since 2015. When compared to IQ s prospectus, we found that the deferred revenues reported to the SEC were inflated by 261. 2 in 2015, 2016 and 2017, respectively. This allows IQ to inflate its revenues and burn off fake cash at the same time. Deferred revenue is a balance sheet account that arises when customers prepay for a service to be delivered in the future.
Because IQ s subscription customers prepay, most of its revenues are a function of deferred revenue. These pre-IPO overstatements inherently cause IQ s post-IPO revenues to continue to be overstated. Arguably one of the most egregious examples of accounting fraud IQ commits is the inflation of its barter transaction revenue. Barter sublicensing revenues are determined by IQ s internal estimates of the value of the content it traded.
Based on the highest-end estimated value per non-exclusive episode provided by a former IQ employee involved in content acquisition, IQ would have needed to barter the licenses for. 2x the total number of TV series episodes produced by all Chinese production companies to legitimately reach its reported barter revenues in 2018 and 2019, respectively. In other words, IQ s management can effectively assign any value they want to these transactions, providing an easy opportunity to inflate its revenues.
Wolfpack is Short Remark Holdings MARK - Contrarian Investor Virtual Conference - August 11, 2020. Wolfpack is Short Remark Holdings MARK. Inspire Medical Systems A Nightmare Investment. Introduction Wolfpack is short Inspire Medical. Introduction Our research shows us that iQIYI. QTT s Top 12 Lies and Omissions for the New Year. On December 27, 2019, QTT issued a response to our. QTT Fake Revenue, Non-Existent Cash, Undisclosed Related Parties.
It s like déjà vu all over again We. SGH Two Stories - One Truth. SMART Global Holdings, Inc. SGH US, SGH relied. We are short GTT Communications, Inc. GTT A Broken Roll Up. Open a Prudential Managed Account today for the options and support you need to retire the way you want. Retire your way. Get up to 599 when you open a retirement account. Already have a Prudential 401 k or other Retirement Plan with us.
Choose the retirement account that s right for you. Your contributions to a Prudential traditional IRA may be tax-deductible and you don t pay taxes on your earnings until you start withdrawals in retirement. Have an old 401 k. You can move it into a Prudential rollover IRA with no tax penalties you ll simplify your accounts and keep your savings growing. Unlike a traditional IRA, you pay taxes on your Prudential Roth IRA contributions upfront so you don t have to pay taxes on your qualified distributions after you retire.
The Prudential Managed Account an account focused on your goals. Once you decide how you d like to save for retirement, we ll recommend a portfolio with the right mix of investments. It s easy to open your account online or with an advisor We ll monitor, manage and rebalance your account You can call our Financial Advisors for support. Build the retirement you want.
Before deciding on which option is the right solution, investors should consider each option and the impact on investment options, fees and expenses, services, protection from creditors and legal judgments, withdrawal rules and potential penalties, and required minimum distributions. For investors with employer stock, there are additional considerations to be aware of, such as the Net Unrealized Appreciation strategy. The FINRA Investor Alert Opens ina new window provides more information on what to consider before moving assets.
Offer may not be applicable to rollovers from any plan for which Prudential Retirement provides record keeping or other administrative services. To receive 100 bonus, account must be funded with 10,000- 99,999. To receive 300 bonus, account must be funded with 100,000- 249,999. To receive 599 bonus, account must be funded with 250,000 or more. Prudential Customer Solutions PCS is offering a tiered cash deposit bonus offer of up to 599 for customers who open a new Prudential Managed Account PMA Strategic Portfolio individual, joint or retirement account with qualifying deposits or transfer of new funds or securities including Rollover IRAs, Traditional IRAs, Roth IRAs from external accounts within 60 days of account opening.
Please allow two weeks after 60-day iqoption l opening window for any cash deposits to post to account. Offer not valid on 401 k accounts, Keogh plans, profit-sharing plans, tax-exempt trusts, cash balances, 403 b plans or current PMA account. Limit one offer per account holder SSN. Offer is not transferable and is not valid in conjunction with certain other offers. PCS and its agents reserve the right to change, cancel, restrict, revoke or terminate this offer at any time, without notice and for any reason.
Qualifying new funds or securities irrespective of any losses or gains due to market volatility or trading must remain in the account for a minimum of 12 months or the cash bonus may be surrendered. This offer is not available to non-US residents and is not an offer or solicitation in any jurisdiction where PCS is not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction.
Any bonus will be subject to the PMA Strategic Portfolio fee and other terms of the PMA investment advisory program. Taxes related to this offer are the customer s responsibility. Please consult with your own tax adviser or accountant. PCS and its affiliates do not provide tax advice and none of this information should be construed as tax advice. Other terms, conditions, and restrictions may apply. Offer may not be used as an inducement to sell any kind of insurance, including annuities.
For Compliance Use Only 1029238-00002-00. Bonus amounts will be included on Form 1099-INT for accounts other than Traditional IRAs, Roth IRAs and Rollover IRAs. Traders get scammed by brokers often, so it is not uncommon to wonder whether one of the most popular brokers worldwide, IQ Option, is yet another scam but this time, a famous one. So, has IQ Option gotten away with it or is this broker worthy of its name. We have been reviewing binary options brokers for 7 years and we have made a verdict.
Read more in this article to find all the answers. We can confidently say that through our careful investigation into this broker, we have concluded that IQ Option is not a scam. Quite the opposite it is truly one of the best and most professional brokers for traders in South Africa. We have listed a few reasons and metrics below to decide whether a broker is trustworthy or a risky business to get involved with. It is not common for a legit broker to hold a valid license especially not in a jurisdiction in the European Union if it was a complete scam.
If you are set out to scam and rob people you prefer not to disclose the ownership of a company. It is not possible to obtain a license from CYSEC on Cyprus, a EU member state, if you do not wish to disclose who is the Ultimate Beneficial Owners. The first thing to look at when considering trading with a new broker is whether this broker is regulated and licensed. IQ Option takes this regulation very seriously, which is an immediate sign of a trustworthy broker that prioritises the safety of its traders.
Scam brokers are often non-regulated, fraudulent companies that comply with no rules whatsoever. We do want to point out that IQ Option is not regulated by the Financial Sector Conduct Authority FSCA. Regulation implies a set of rules that a brokerage needs to comply with when dealing with your money. Also, regulation implies oversight over business conduct of the broker dealing with your money. It is a promise that you can rest assured when entering a business relationship with a regulated broker such as IQ Option there is an institution that did the due diligence on the Company operating the broker.
This institution checked if they have the resources, the finances, the legal framework and the technological capacity to perform the trading you are about to undertake. Why is binary options broker regulation important. If they made a long-term commitment to transparency and following through the regulations. IQ Option ensures full transparency throughout their entire site with clearly detailed information, a well-explained regulatory status, extensive terms conditions, data protection principles and banking services.
Yes, we believe it is safe to deposit and withdraw money on IQ option. Do not mistake IQ Option safe as a broker with a safe investment. IQ Option is legit and has a great binary options trading platform. So it is safe you ask. Yes, it is safe to deposit. Your money is available to you at all times and you can withdraw your funds anytime you like. Do not accept any cash bonuses anywhere you trade as it will prevent you from withdrawing at your own convenience. Do you understand the difference.
Yes, IQ Option is legit Yes, IQ Option safe to deposit Yes, IQ Option safe to withdraw funds from NO, trading binary options, in general, cannot be marked as safe and a guaranteed way to only earn money. We would like to stress that investing in binary options, cryptocurrencies, binaries, digital options and forex is not by any means safe or secure. IQ Option turns traders safety into a mission. IQ Option makes sure their business model, compliance and terms and conditions are clear and available for anyone to read.
Commonly, South African traders deposit first and then read the Terms and Conditions, if they even read them at all. IQ Option encourages South African traders to first gather all the necessary information prior to investing their money. Terms and Conditions contain all relevant Company information that operates this brokerage and its trading platform.
Also, it clarifies all the commonly used terms, that are of importance to all aspects of the trading relationship. Have in mind that opening an account with every broker, including Iqoption, in reality, creates a business relationship, which is defined and regulated by an agreement. This agreement is outlined in the Terms and Conditions so that South African traders can find valuable information regarding binary options trading, different policies and the risks it may entail even before opening an account, thus entering into a business relationship with IQ Option.
IQ Option Terms and Conditionsaside for its legal repercussions, are a valuable set of rules and information on the nature of your future relationship with your broker. IQ Option Risk Policy. Though it seems like a handful or much too legal to read, every IQ Option trader should take a read into their Risk Disclosure. As we already mentioned, trading binary options entails risk. To be precise, trading on financial markets of any kind entails risks.
IQ Option continually raises its data protection standards, in terms of traders general iqoption l personal data they gather. This means they pay much attention to security protocols applied to your personal information and documents gathering process, and once gathered, to how your personal data is stored, protected from misuse and more importantly, how your personal data is being used. Lawfulness, fairness and transparency Purpose limitation Data minimisation Accuracy Storage limitation Integrity and confidentiality security Accountability.
Here are just some of the data categories you will be exchanging with IQ option. Identity Data and KYC Data, such as your full same, date of birth, gender, identification documents etc Contact Data, such as your full place of residence, email address and telephone numbers etc. Financial and Banking Data, that includes bank account and payment card details, wallets etc. Transaction Data, such as details about on payments, withdrawals, exchanges, trading history, profit, balance, deposited and withdrawal amount methods etc.
Special Categories of Data Sensitive Data includes details about your religious, annual income, biometric data, and or criminal convictions and offences. This is intentional, of course, and users are often misled by professional-looking sites and do not seek this type of information when in reality it is extremely important. In our 7 years of reviewing binary options brokers we have not received IQ Option complaints. Naturally, traders both win and lose money on the platform.
You can encounter people on forums and social media complaining that they lost money, but that is because of their trades were not successful and didn t result in high yields. This we do not consider a complaint but simply part of the risk of trading binaries and CFDs online. IQ Option Complaints Policy. Along with other corporate policies and taking into account that there is not going to be only successful traders, Iqoption designated a part of their corporate structure to deal with incoming complaints and traders grievances.
Every received complaint is handled with utmost care, attention and in full discretion. You can submit all your complaints, free of any charge. by email to email protected by post to Yiannis Nicolaides Business Center, 33 Agiou Athanasiou Avenue, 4102, Agios Athanasios, Limassol, Cyprus. Your complaint or grievance will be handled immediately and will be followed up on in due course.
Check their full Complaints Policy on details on the Complaints Form and the filling the complaint procedure. During our IQ Option review we have received no complaints regarding this brokerso we can confidently say that IQ Option is not a scam. South African investors can trade in peace knowing that they are trading with one of the most famous, regulated and licensed brokers worldwide.
IQ Option Compliance Team will examine all the facts and conduct a thorough investigation, resulting in a mandatory conclusion. Withdrawal and Deposit Experience with a safe broker. Many traders know that the process of withdrawal is commonly a frustrating and long procedure. Some brokers, especially unlicensed companies, do not ever allow users to withdraw their money, which is part of the scam. IQ Option is one of the only brokers that allows users to begin trading with only 10. They do not call you 20 times to suggest you to deposit 1,000 and offer to trade on your behalf.
In essence they do not lie and scam on the phone when you signup. You will have your own time and space to get started. Low IQ Option minimum deposit in South Africa of 10 is not only rare to find, but speaks deeper into what IQ Iqoption l s priorities really are. You can also withdraw your winnings using the Skrill withdrawal to bank account South Africa as a popular withdrawal method for South Africans.
You can also find other non-scam brokers such as binary. com minimum deposit of 5. They want to make binary option trading easily accessible to anyone and even offer a free binary options demo account which allows all South African users to practice before investing any money. This means you can practice on the IQ Option platform for free. They also have several video tutorials available you can use to understand the process.
What to expect from a scam broker. Scam brokers never allow users to begin trading with such low minimum deposits and often ask for outrageous sums to only access their platform. This is because their main goal is to scam people into giving money which they never see again. Their websites have little or close to no information on the company operating the brokerage. Scam broker usually hides their Terms and Conditions or has none made public.
None of the corporate policies we listed in this article exists, or if they do, they are hidden from the traders, and applied to the scam brokers advantage in case you should file a complaint or try to investigate any relevant fact. You can actually expect all sorts of lack of transparency, vagueness, lack of open and straightforward communication and lack of support. You can expect a rat race in withdrawals. Most certainly you can expect super-swift deposit processing, as that is the purpose of their business model.
IQ Option a Scam. The conclusion is that that IQ Option is not a scam, but one of the best brokers for traders in South Africa and the entire African continent. We have no reasons to question the legitimacy of IQ Option and to everyone who asked Is IQ Option a Scam. We can say no. We do not promote or encourage people to trade on scam broker platforms.
In addition, they have a fast-growing online trading platform that caters to absolutely anyone. Don t believe us. Let the numbers speak for themselves. IQ Option is home to more than 20 million active traders worldwide. Their platform processes around 3 million transactions per day, while the money withdrawn by traders every month has risen from 500,000 in 2014 to 9. 7 million by the end of 2019. The IQ Option trading platform does not work with any 3rd party binary options robot and not even the best binary robots can compare themselves with IQoption.
We saw a few years ago that IQ option wanted to ride the wave of binary robots with their IQ Option Robot but it was quickly decided to close it down again. We believe it was due to regulatory reasons and issues with traders essentially betting against the house based on the house robots. No one can deny the sparkling reputation IQ Option has built throughout the years as one of the best binary trading brokers.
IQ Option is an award-winning broker that is fully regulated, transparent and prioritizes trader s safety above all else. They are considered one of the top and safest brokers for everyone trading binary options South Africa. Now even though a broker s reputation is not an immediate indicator that the company is really trustworthy, IQ Option continues to prove its excellent reputation every day. We can personally state that we have received absolutely no complaints regarding IQ Option throughout the years, but only satisfied customers that recommend IQ Option themselves.
All your questions regarding how to deposit, what is the procedure, what payment methods are allowed, how does withdrawal works, how long does it take, what fees are applied all and much much more is detailed in the Payment Policy document. If there is anything that you might have doubts about or not sure if you understand properly, make sure to contact IQ Option Customer support for a swift helping hand. They are glad to help you grasp all the information, regardless if you are already a client or not.
IQ Option Cashback Policy. Every trader that deposits, can enjoy the benefits of Iqoption Cashback Caps a handy safety pin for your potential, and given the risky binary options trading nature, very probable losses. This broker does not only care for your data protection, but also cares about your loss protection. Make sure to check just how Cashback Policy applies to your account, if you decide to register one. The years we offered live support on this site never once did we receive a complaint about IQ Option.
Every relevant document is made public and with a clear purpose transparency and safety, on both ends the broker s and the trader s side. Scam brokers, on the other hand, tend to have vague sites with no real information about how they work and whether they comply with any rules. Location Data such as residency country, time zone, and the interface language. Also, scam brokers usually do not have a iqoption l Customer support service perhaps an email address that is rarely checked, if at all.
Italy is one of the founding members of the EU and the third-largest economy in the eurozone. But in recent years Euroscepticism has been on the rise, as discontent about a deep recession, weak recovery and the migration crisis on the countryвЂ s southern shores grows. Here the FT looks at the rules, the main contenders and the possible outcomes of this pivotal vote. The electoral system. Italy elections 2018 polls who is running and why it matters.
Forza Italia s Silvio Berlusconi lthe PD s Matteo Renzi C and Five Star s Luigi Di Maio В FT montage. The most recent was in 2017, when lawmakers agreed on the current вЂњRosatellumвЂќ system вЂ named after Ettore Rosato, an MP from the ruling centre-left Democratic Party, who authored the law. Some 37 per cent вЂ 232 in the lower house and 116 in the upper house вЂ will be elected in single-member constituencies under a first-past-the-post system.
Parties must win 3 per cent of the national vote to gain a share of the proportional seats, a measure designed to reduce fragmentation. If they are allied to a larger coalition partner, votes for parties that earn between 1 and 3 per cent are transferred to the stronger party. The Rosatellum was the product of a quick compromise in parliament last year. But because of the first-past-the-post component it seemed tailor-made to hurt the anti-establishment Five Star Movement.
Italians living abroad will elect 2 per cent вЂ 12 seats in the lower house and six in the upper house. Five Star is against forming coalitions and lacks both a deep penetration at local level and experienced candidates. The centre-right opposition stands to benefit, since it has managed to form a coalition. This includes the Forza Italia party led by former prime minister Silvio Berlusconi, the anti-euro Northern League and the rightwing Brothers of Italy. The Northern League, in particular, has strong local roots in the prosperous north.
With votes nearly evenly split among three groups вЂ the centre-right, centre-left and Five-Star вЂ the result could be a hung parliament. This means 61 per cent of the seats вЂ 386 in the lower house and 193 in the upper house вЂ will be awarded by national proportional representation. ItalyвЂ s electoral system is not enshrined in the constitution, and parliament has made three big changes to the rules over the past 25 years.
The rules, contenders and possible outcomes of a vote pivotal to the fate of the EU. But political scientists say that if one of the groups reaches more than 40 per cent of the votes in the proportional system, it could also gain more than 65 per cent of the seats in the first-past-the-post component and, conceivably, a majority in parliament. That is the big prize. The parties. Democratic Party. The centre-left Democratic Party PD forms the backbone of the governing coalition led by Paolo Gentiloni, prime minister.
Matteo Renzi, the former prime minister, was re-elected as the partyвЂ s leader under a reformist agenda in April 2017. When he became prime minister in 2014, Mr Renzi was able to reinvigorate the PD on the back of his charisma and vigour. But polls now show it trailing the centre-right coalition and Five Star. PD traditionally supports pro-European policies and the social integration of immigrants.
It has been in power since 2013, a period largely associated with economic recovery and employment expansion, though many Italians have not felt the benefits. Five Star Movement. It was created by comedian Beppe Grillo and the late internet consultant Gianroberto Casaleggio вЂ who has been succeeded by his son Davide Casaleggio вЂ with a platform involving direct democracy, the green economy and a fight against corruption.
Its prime ministerial candidate is Luigi Di Maio. The movement has since been in the spotlight because of internal divisions, lack of experience and its mismanagement in Rome, where it holds the mayorship. Forza Italia. Mr BerlusconiвЂ s centre-right party, Forza Italia FI has dominated the countryвЂ s politics since its entry on to the scene in 1994, when the media mogul first ran for office.
Even when it was in opposition вЂ between 1996 and 2001 and again between 2006 and 2008 вЂ it was the main conservative political force in Italy. The height of the partyвЂ s power was in 2008, when Mr Berlusconi was re-elected as prime minister for a third time. But its support dropped to 15 per cent after Mr Berlusconi was forced to resign as prime minister in November 2011 over personal legal and sex scandals and the mismanagement of ItalyвЂ s debt crisis. Although Mr Berlusconi, who is now 81 years old, is banned from public office because of a tax fraud conviction, he is nonetheless leading his partyвЂ s campaign and may be a key powerbroker after the vote.
The centre-rightвЂ s resurgence was apparent in municipal and regional elections in 2017, when it captured control of the city of Genoa and the governorship of Sicily. Northern League. The Northern League LN is a Eurosceptic, anti-immigrant party based in the countryвЂ s north. Although its main cause used to be fiscal federalism вЂ and even secession вЂ from Rome, it has now veered towards a more traditional hard-right nationalist agenda along the lines of FranceвЂ s National Front.
It was a marginal part of the centre-right coalition in the last general election but it can now boost a similar support base to Forza Italia. Free and Equal. After Mr Renzi and the PD lost a constitutional referendum in 2016, a group of leftwing dissidents вЂ including veterans such as Massimo DвЂ Alema and Pier Luigi Bersani вЂ defected and formed a new political force. Its support in the opinion polls has increased in the past three years on the back of rising anti-immigration sentiment following the Italian migration crisis.
This evolved into Free and Equal LeUled by former anti-Mafia prosecutor and Senate president Pietro Grasso. Its goal is to capture the votes of disillusioned leftwing Italians who believe the PD is too centrist and dislike Mr RenziвЂ s leadership style. Italians head to the polls on March 4 in the next big EU election that could help determine the fate of the bloc. It is stronger in the centre of the country and among older people and those with a higher education. Five Star M5S first took part in a general election in 2013, when it won 25 per cent of the vote and established itself as key power in Italian politics.
Brothers of Italy. But by running separately from the PD, the party is opening itself up to the criticism that it is paving the way for a centre-right or Five Star victory. The name of the party mirrors that of ItalyвЂ s national anthem and its manifesto is laden with nativist policies against immigration and globalisation. Brothers of Italy FdI is a nationalist-conservative party led by Giorgia Meloni, the Rome native and party leader who served as a minister in a previous Berlusconi-led government.
Brothers of Italy is a descendant of the Italian Social Movement, which inherited the role of the defunct Italian fascist party in postwar Italy. Potential outcomes. According to the latest seat allocation projections, no party or coalition will be achieve a majority вЂ at least 316 seats. Among the possible coalitions, based on current polling, are. A grand coalition.
Centre-left and centre-right. This would be the broadest possible grand coalition, which could involve a technocratic government directed by Sergio Mattarella, the president, in the interests of maintaining stability. But in reality any grand coalition is likely to be much narrower, with parts of the centre-right вЂ especially the Northern League and Brothers of Italy вЂ and the centre-left вЂ particularly leftwing factions of the PD вЂ splintering off.
This has led many political scientists to question whether the numbers will add up for a workable grand coalition after the vote. An anti-euro government. Five Star Movement, Northern League and Brothers of Italy. The most destabilising scenario for the EU would be a strong performance by Five Star, with the movement then seeking partners to form a government based on questioning the euro, reviewing Nato membership and adopting a hardline stance on immigration.
But there are a wide range of views on each of these subjects even within the anti-establishment parties, so it is far from clear they could find common ground. The most likely outcome is a very weak and unstable grand coalition вЂ or even a minority government вЂ with lawmakers switching sides and allegiances based on individual votes in parliament.