International News 21 October 2026
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Italy to Deploy 500 Troops to Milan After Two Days of Unrest
The Italian government plans to send 500 military personnel to Milan to bolster security after two days of rioting marked by clashes between demonstrators and police, looting of shops, and damage to public facilities. Deputy Prime Minister Matteo Salvini said the deployment is meant to protect Milan, one of Italy’s main financial centers. The measure is expected to be part of a package of security steps to be discussed at a cabinet meeting on Tuesday (October 20, 2026). Citing Reuters on Monday (October 19, 2026), several shops in central Milan closed early and covered their windows with protective boards in anticipation of possible renewed violence. “Moving from words to action: 500 additional soldiers to protect Milan,” wrote Salvini, leader of the right-wing League party and a member of Italy’s governing coalition, on social media. On the luxury shopping street Via Montenapoleone, stores selling international brands, including Chanel, Tiffany, and Dior, emptied their display windows as a precaution. Police also patrolled the street while some tourists watched the scene.
JPMorgan: Most Global Banks Have Limited Exposure to CoreWeave Amid AI Debt Worries
Most global banks have limited exposure to CoreWeave, the Nvidia-backed cloud infrastructure provider for artificial intelligence (AI), according to estimates released by JPMorgan on Tuesday. The report follows a drop in CoreWeave’s share and bond prices last week, driven by investor concerns over the company’s debt financing. Rising AI infrastructure spending has been stirring unease among investors in global markets, as technology companies race to raise funds from private credit investors, banks, and the bond market to speed up expansion, while worries about returns on investment grow stronger. In its report, JPMorgan estimated that several large US investment banks, along with Japan’s MUFG, could have exposure to CoreWeave of roughly US1billiontoUS3 billion. Meanwhile, most banks in Europe and Asia have exposure of less than US$500 million.
Trump Cites French Riots as Warning to Voters Against Backing Democrats in Midterm Race
US President Donald Trump used the unrest in France as a warning to voters not to support the Democratic Party. He made the remarks while attending a campaign event for Republican Senator Roger Marshall in Kansas on Monday (October 19, 2026), as the US midterm contest grows increasingly tight. In his speech, Trump claimed the United States could face a similar situation if Republicans lose the election. He pointed to the wave of demonstrations in France that, in recent days, has ended in rioting and looting amid protests over the cost of living and what demonstrators see as underfunded public services.