Mario Draghi Resigns as Italy’s Prime Minister as Support Crumbles

Italian Prime Minister Mario Draghi resigned on Thursday, plunging the country into a period of uncertainty as it fights surging inflation and an economic slowdown.

Mr. Draghi’s announcement came a day after three large parties in his national unity coalition government didn’t back the prime minister in a Senate confidence vote. Though Mr. Draghi won the vote, the mass abstentions made clear he could no longer hold his disparate coalition together.

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