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Debt Pressure on Italy Mounts Amid S&P Outlook Downgrade

The international credit rating agency has reaffirmed Italy’s sovereign debt rating, but changed its outlook to negative over the country’s 2019 budget proposal – which comes amid Italy’s escalating tensions with the European Commission, lingering economic uncertainty, and financial market…

WATCH: China’s First Private Rocket Launch Fails

Zhuque-1, Сhina’s first privately-built rocket failed after launching from Jiuquan Satellite Launch Center Sunday. China’s first attempt to launch a commercially-built rocket into space failed, after the rocket’s third stage engine malfunctioned. Beijing-based LandSpace said late Saturday that the launch proceeded as expected until something…