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Defying Allies, Italy Signs On to New Silk Road With China The New York TimesItaly joins China's New Silk Road project BBC NewsA defiant Italy becomes the first G-7 country to sign on to China's Belt and Road Initiative The Washington PostChina's Xi Seeks France's Cooperation for Belt and Road Project BloombergItaly Signs Up to China's Global Infrastructure Plan Despite U.S. Ire The Wall Street JournalView full coverage on Google News
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 Fresh worries about the global economy and a surprisingly dovish turn by the Federal Reserve have rattled Wall Street, but it's nothing that a week or two of good news can't cure. The good news might not come this week, however.
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 Stocks around the world fell and U.S. Treasuries yields sent warning signals for a possible recession on Friday after weaker-than-expected U.S. and European data intensified fears of a global economic slowdown.
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 Latin American stocks and currencies
were hammered on Friday, caught up in a global selloff after
dismal economic data from across Europe and the United States
reignited fears of a slowdown in the global economy and signaled
the possibility of the world's largest economy sliding into
recession.
An inversion of the U.S. Treasury yield curve after
weaker-than-expected manufacturing data suggested that the
econom
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U.S. stocks close sharply lower Friday, with all major indexes logging their worst day in nearly three months, after a downbeat round of economic data in Europe and the U.S. stoked global growth fears while a closely watched measure of the yield curve inverted for the first time since 2007, triggering recession worries.
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U.S. markets received a clear warning of coming recession on Friday when the spread between yields on three-month Treasury bills and 10-year notes fell below zero for the first time since 2007 after U.S. manufacturing data missed estimates.
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Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes posting their biggest one-day percentage declines since Jan. 3, as weak factory data from the United States and Europe led to an inversion of U.S. Treasury yields, fueling fears of a global economic downturn.
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 Dow industrials end down over 450 points over global growth fears
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