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Italy prepares to sign on to China’s contentious Belt and Road Initiative, JPMorgan Chase says it will no longer provide banking services to private prisons and former New York City mayor Michael Bloomberg decides not to run for US president in 2020. Plus, the FT’s Kiran Stacey deciphers the move by Chinese tech company Huawei to sue the US government. Hosted on Acast. See acast.com/privacy for more information.