Skip to content
Bull Bear Daily

Bull Bear Daily

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Politics
  • Top News
  • Newsletters
  • Home
  • 2024
  • July
  • 3
  • Biden should drop re-election bid, Italy’s Renzi says, to give Democrats a chance

Biden should drop re-election bid, Italy’s Renzi says, to give Democrats a chance

Bull Bear Daily July 3, 2024 2 minutes read

By Alvise Armellini

ROME (Reuters) – U.S. President Joe Biden must drop his re-election bid or Donald Trump is sure to return to the White House, former Italian prime minister Matteo Renzi said on Wednesday.

Renzi, 49, led a centre-left government from 2014-2016 and was close to the administration led by former President Barack Obama, in which Biden was vice president. He was offered a lavish state dinner at the White House in 2016.

“Biden will go down in history as a U.S. president who did many things that had a great impact,” Renzi told Reuters. “At the same time, if he does not quit he will give Trump the greatest gift he could ever receive.”

“If (the Democrats) go with Joe, I fear it will be a lost battle,” he said.

Renzi said a Trump presidency would have “unpredictable” consequences.

“Democrats must now do everything not to lose this battle. And the only way is to change horses,” he said.

Romano Prodi, another centre-left former Italian premier and ex-president of the European Commission, was less blunt but similarly worried. Prodi, at 84, three years older than Biden, has long been retired from active politics.

“The only person who can decide whether Biden should stand down is Biden, but I saw the debate and I am very, very worried. I can see there is a growing concern about the situation among Americans, and I share that concern,” he told Reuters.

(Additional reporting by Gavin Jones, Editing by Bernadette Baum)

About the Author

Bull Bear Daily

Administrator

Visit Website View All Posts

Post navigation

Previous: GM to pay $145.8 million penalty after US finds excess emissions
Next: US miners push Washington to revive long-dormant Bureau of Mines

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Sign up for our free Bull Bear Daily Newsletter!

Discover new market trends and ideas directly to your inbox.

Recent Posts

  • Japan PM vows to act against speculative market moves after yen spike
  • Bank of Canada to hold rates steady in 2026; trade seen as main risk to outlook: Reuters poll
  • Hyundai Motor’s Korean union warns of humanoid robot plan, sees threat to jobs
  • Seven miners shot dead in Nigeria’s restive Plateau, youth group, official say
  • Exclusive-Valero, Phillips 66 buy Venezuelan oil cargoes as part of Washington’s deal with Caracas

You may have missed

  • Newsletters

Japan PM vows to act against speculative market moves after yen spike

Bull Bear Daily January 26, 2026 0
  • Newsletters

Bank of Canada to hold rates steady in 2026; trade seen as main risk to outlook: Reuters poll

Bull Bear Daily January 25, 2026 0
2026-01-22T065228Z_2_LYNXMPEM0L08X_RTROPTP_4_HYUNDAI-MOTOR-USA-RECALL.JPG
  • Newsletters

Hyundai Motor’s Korean union warns of humanoid robot plan, sees threat to jobs

Bull Bear Daily January 25, 2026 0
  • Newsletters

Seven miners shot dead in Nigeria’s restive Plateau, youth group, official say

Bull Bear Daily January 25, 2026 0
  • Home
  • Privacy Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Home
  • Privacy Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
Copyright 2026 © All rights reserved | Bull Bear Daily | bullbeardaily.com