off, for example, the waiting list for new customers is 5 years. so our typical customer is one that really loves their car either it has a, you know, significance to the family. maybe it's been handed down or you know, our customer has driven it since high school. so typically, automotive enthusiasts best describes our customers right now. those customers are also laughing at sky high fuel prices. bream says he's concerned about the environment and global warming, but reducing c o 2 emissions isn't his big motivation. a motorhead, i'm a hot rider, i might see guy wagner is proud that his old v w isn't making the climate crisis worse. i'm excited to. ah, you know, take it up to the mountains, driving through the national forest, not polluting anything, whether it's for going green or going for speed, classic cars or getting a new electronic lease on life. rob reynolds, al jazeera, san marcos, california. ah,

the what you all just bear with me, sill robinette, doha. reminder of all the top stories rushman ukraine have signed a deal to reopen ukrainian ports on the black sea for grain exports, racing hopes of easing the global food crisis. the ceremony and stumble was overseen by the un secretary general on the turkish president to bro, could the agreement these is an agreement for the wolves. it will bring relief for developing countries on the edge of bankruptcy and the most vulnerable people on the edge of famine and tulips fabulous global foot prices, which would already record levels even before the war. a total nightmare for developing countries. specifically, the initiative we just signed opens the tests for significant volumes of commercial for the export from 3 key ukrainian port in the black sea, or their chip on or 6 and use me is some will the artwork told the most book

mistake. this is joined step. we are taking in the stumble together with russia and ukraine will be a new turning point that will revive the hopes for peace. this is my sincere hope. whatever direction the developments on the field will take, the war will finally and on the negotiating table is friendly and peaceful atmosphere that we have established will be to the benefit of humanity. and this will transform into steps aimed at ending the war. at least 19 people are being killed and a police raid on one of realtors, generic largest slums. please say 16 of the victims are members of organized crime groups. residents of accused officers of using heavy handed tactics, slang can security forces of rated the main anti government protest, camping columbia just hours after renew. that'll be kraemer think it was sworn in his president. shortly after the proto site was clear, danesh and gun wonder was sworn in through lank as the prime minister. he's now i have the former president got by your box. a business activity across the years own

has fallen to a 17 year. lo raising phase of recession. consent is growing for key economies such as germany, france, and italy. those are the headlines, more news and half. now next is inside story with 3 navigator to stay with us. ah. he was brought in to unite italy, but my minister, my a druggie has resigned triggering snap elections. what's behind the latest political drama and who's fans the game the most from the turmoil. this is inside tory ah

hello and welcome to the program. i'm getting abigail. mario draggy was known as super mario. the former european central bank chief was appointed as at least prime minister 18 months ago. to lead a unity, government, and steer the country out of the pandemic. although he was popular among the public drug, he didn't enjoy the same level of support within the fractured coalition. his resignation forced the president to dissolve parliament and call us nap election in september. if the latest political upset in the euro zones 3rd largest economy, adam rainy reports from rome. italy's president sandra montela, announcing a 70 day timeline for early elections. clearly a decision he did not want to take, nor shirley went on to ship out of that parliament or the early his own of parliament is always a last resort. particularly if the government,

as it is the case in this period to yodel, the parliament has many important tasks to complain more in the interests of our countrymen. but the developments or in the political situation have led to this decision. his announcement came hours after mario draggy stepped down on thursday. the prime minister made his last statement in parliament before tendering his resignation. gentle thank. busy inquiry located and even central bankers hearts are touched. sometimes man, thank you for this. and thanks for all the work we're done together during this time, draggy lead a government for less than 18 months. many leaders across europe, som as a steady hand to pull italy and maybe even the whole continent out of the pandemic . he helped steer billions of dollars of recovery funds to italy, the largest recipient in the years own, and was a leading voice and europe support of ukraine against russia. but in the end, this central banker couldn't wrangle the diverse group of parties in his coalition

. each with its own priorities, he couldn't tame the populace because populace fivestar movement splintered. ernest, who couldn't jane the other populace the leg from the, from the right way. and because they're living. so the rates pay off right now underway. well, how are lamenting the government's collapse? one party is thrilled the far right wing brothers have italy currently leading in the polls looks likely to win more seats than any other skeptical of brussels and policies. it's not clear, it will be able to manage relationships with other e u leaders as well as the doggy and some worry could even put further e recovery fund payouts at risk adarine algebra rome. so it really is no stranger to political turmoil. it's had $69.00 governments since world war 2, that's almost a new administration every year. the brothers of italy currently leads opinion

polls with nearly 24 percent. the leader of georgia maloney could head up a right wing governments with the league party and former prime minister silvio berlusconi for italy or the central left democratic parties, the only other group holding above 20 percent. it could form a coalition with the populace. 5 star movement on smaller parties, but some members have ruled out being in alliance with 5 star. ah, let's bring in our guest. joining us from rome is mikella gerace, who's a former under secretary of these economic development ministry from verona, illinois upon the head of economic analysis at the center for european policy, and also from rome, giovanni, or seen the director of the school of government, the professor of contemporary history and we squeezed o'corrley university warm welcome to you all. thank you so much for your time with us on the inside story. mckelly jace over to you for us. so druggie is credited by some with really

restoring italy's credibility on the world stage. but his critics would say he was a technocrat and he couldn't play the part of a politician, especially when it came to dealing with parliament. what do you think went wrong and what went wrong was that these a current government was formed during the call the, the crisis where pretty much the interest of the whole country of all political parties where a lying. and so we formed the government of national unity. now after the call, the crisis was way likely overcome or then that the differences between the parties to start to, to america. because coalition with 6 or 7 parties, many of them kept on splitting to former small as well as part of course, it was becoming unsustainable, and this was the primacy. so for the difficult to then the relationship between dragging there was placed there by the price of the matter. i love to to lead the parliament. and now the 2nd,

the sage of the parliament actually wanting to lead to the government. and so the conflict was created, right, giovanni or see, you know, was there any choices for, for drug except resignation? eventually there was no other choice because it was very clear that the majority didn't fall apart. one could argue that when the problem started setting in, which is the last week with the 3rd, the no no vote of confidence, which was, it was not really a no call finance. it was a non both of county. that's actually by the time movement. i think he could play the softer and if he had played it salter, if he had some more choices to remain as prime minister. but it is also clear that yet understood that any ways government would be weekend and we were now to buy the situation. and it was also, i think, personally, quite tired about all that. so it was, you know,

way forward and in between the 1st breath friends which seem to be away. and the national interest of course, which was pulling him in if he needs position. so when he started the resigning last week and then it will be speech the day before yesterday, wednesday at the said that i mean email way hotter than the pays or at least he made the task easier for those who wanted to treat him. right, and just i'll stay with you for just a moment because i wonder if you can explain what you mean by he could have played that softer because there was a run in giovanni with the 5 star movement and not ultimately triggered the entire crisis. then according to reports, the leaders of both the northern league and afford to italia issued a statement given that argue their support. however, that support came with conditions. so he was in a really tough position. was he not? that was at the end of the crisis, but you know that you get to the position that you are describing. there was

a path in a way that led the country there. for instance, when the last week the 5 star didn't go to college dance. they also said they wanted to go on supporting the government, so there was no need for that. i need to resign. you could have only opened up negotiation in order to build up the majority. that was the softer option, but you wanted to resign. of course is or is the nation was refused by the president of the probably don't the last. 9 resigning dramatize the crisis unless they rather speech towards the legal and the bid was going as far as the diarrhea and all seem bad that you will basically, you know, way making it more difficult for them to stay in the majority and then online. they any 2nd intervention in the senate, it was very top on the 5 star movement. and also in the case with the softer intervention, you might try to win back if i start movement. so there were moments in the very

tactical game in which equal the left the door a bit more open. and you remained a very, very strict for reasons about understandable. of course, you wanted to make it very clear for the political parties that they add, that they wanted to go on supporting him. they had to do what you wanted. so what the deal is understandable nonetheless that these is part of the, let's say, the development of the crisis. okay. no, no, a resignation now accepted by the president. where are we in terms of the process of how it lead? now head to another election. yes, we're going to have another election by september 25 and drug. it will remain power to do like rent work until the date of the election as far as the election is concerned. i believe that it is in huge chance that the coalition of the right wing

parties might clean the condition, would be probably lead by the brothers of the police, which has gain an exception not support your in the last years. let's you did that . yes, pos, from the parties, pos from 4 percent doesn't mean to most, almost 22 percent today. and this was also related to the fact that the party was at the position of the government. and then you know, the other parties as would form to equity should be the league, which has been losing power and affinity tonya led by a former prime minister berlusconi right. so we will see what's going to happen, but is likely that right wing, wendy should, might take the power. i do want to talk about the right wing parties in a moment. i don't know about just one more for you. i mean, just on, on the process right now and what happens next, how long do you think it's going to actually take to form a new government? it depends in the sense that it depends on how much the right wing coalition,

but might when you know, of course, and then you know, its capacity to form a coherent government. so you can takes weeks or month, i think, ok, these of course is why 3 is key in terms of credibility to lead is really got moment, i think the connection level for you know, or divisions that we know. ok. mikaela the so obviously a period of instability ahead which parties do you think are going to take credits for what's developed over the past few days and who do you think benefits from all of us? i dont think her parties are blanker fighting to get credit for these because on one hand, or for 34 parties in a way or where the agent or of draggy fell out. on the other hand, they also supported him. if he had made some concessions like to run you was mentioning before, so there is no really political capital to be gained by claiming to be the

agent of dragged his collapse just because of his reputation. so all parties are shying away from claiming the victorian concentrating already on the come bang. you ask me who will win that i agree with. and i will most likely be the center writer coalition that could actually take the a vast majority of the parliament because he stay go to gather date to get across to the 40 percent, the threshold, or they gain a little before when extra premiums all the number of members of the parliament could be higher than the proportion of voter that they receive or also because the left winger are in a way these united it used to be that the democratic party could go ahead with the 5 star more mentor. now this is not likely to be so we have a, you know, a breakdown of coalition on the left side and out favor the right wing government.

and that's why i think are out of this crisis that they are the ones who will gain the most benefit. but mikella, how do you explain the rise of the far right in italy? because from what i understand, the brothers of italy, the, that's the furthest party to the right. just so for our viewers, vague they went from about 4 percent of the vote in 2018 in the general election, to now becoming the biggest party in opinion polls at least. how do you explain this rise? in the main reason is a when you have a crisis, so we had the comic crisis call with crisis. so the war and the sanctions that would hurt to the italian economy, the gas for everything. the only thing you need to do to gain volts or is to stay in the position. so in a way georgia moloney air was like him, amy smart to not to be part of the dragon government or in 202116 months

ago. and of course, a she raped the benefit to over collecting the anger that's in the meantime, developed in italy. you mentioned before the reputation of draggy in the international arena, which is true because of course sir, he's a man that has led the you're just in for bank and so on, back to within italy. and we ever this content to growing only 2 weeks ago we had the massive taxi drivers crawl tested, a pretty much blocked or the whole center aroma, with tori stir in getting into cale, sir. we have the people who complain still about to the way that the government a bell to we, the lockdown, they call the crisis center for georgia moloney almost the respective all her views are, are irrespective of the convent just being in your position almost gives you 5 to 10 percent point to just for not being in the government or giovanni. is that how you see things? i mean this, this, this leader of the right wing party,

the brothers of it's in the maloney, she's her party is accused of attracting the support of neo fascist. she holds nationalist views on migration so, so as well as cultural issues. does she appeal to the italian voters, giovanni? i think, i mean, you can, it was right, but i would qualify some of the things that you were saying in italy, in the writing country. and the con there, i mean, he's an, a majority to natalie has always been, and already in the election of 2018, it was very near me for the center, right? collision of the little majority. so we should start from that. these are both that are moving inside the right. they're moving from the lee good to from 4th to the lead to brother italy. so basically these are right doing both that they're always stayed inside the right, moving from one party to the other. now or regionally,

day where embedded was going to sort of say, god yeah, but there was going to $85.00. so this is a story that he's coming to. it's closer. and so many vote we're actually going out from between 2018 and 29 team. many of those votes went to the league, and in the moments i'll be any, was the leader was actually looking life the person in charge to the right. but i mean, he made a number of quite serious political mistakes and seems 2019 that those little stock of moving from being to judge. i mean, these are the same both. so we shall be adding 20182019 even better school. yet. earlier than that, there are fascists. you need tell you, but this is a very tiny minority. and when you're speaking of a center, right, and that is credited by the total poles of 4547 percent. actually shifts may be,

are 2 percent of that role of these is not, you know, fashion, both the ga milanni is not your fashion. that is, the national conservative party arrived. we certainly clear the right to the party national conservative the inside of the boundaries of a liberal democracy in these moments, each audience that clearly want to be governed by at least goes that part of the tale that has always been right. we've got now things that georgia maloney is the more credible either at all or if we, let's look a little from that. okay, let's, let's. well, let me bring in an order, because my, if you look at mario dragging past, he has been a supporter of ukraine. for example. he played a key role in the g 7 as well as nato and the e u. so if there were to be alert to the rights and italy,

then would these policies change drastically? well, let me just add some think. i think that, you know, the reason why a judge, i mean long has been as reached, such as level of support is because of sort of this content that i started with covered but was based also even on the crisis and migration privacy that he has been leading to this, you have to lot, you know, the effect of the korean war and the rising prices of energy and food. and of course, the effect of uniforms dragging was doing. we're not still somehow understandable by every day. citizens in the sense that the effect will take some a why, you know, for, for normal people to see as far as you know, the, for an, for an agenda is concerned. i believe that if you know, we're going to have it right when government, i don't think either yet, don't see the lead changing completely is position to, was russia. i think george, i mean only was it pretty clear in condemning putin and, and also, you know, 70 the leader of the league even though it was one of them,

mostly pro ration leader in italy. yes. changed from how his view. so i don't see either li, becoming pro ration. now, what i see is a change in the positioning of equally within the you in the sense that those park has been for years, you know, consider it a skeptic. and although their positions had been somehow watered during the crisis in the sense that they dont declare so much to be so much on, you know, peon. they seemed relieved in a sort of european union composed by nation states. so, you know, each country should, you know, look at the national interest instead of looking for a common interest. and these, you know, could place easily in a sort of group of countries complaining about sanctions, for instance, which are which i mean, you know, economically better economic impact, the national economy. this, i believe it's possible, but i don't see italy leading such a clinician. i see the lead become part of any group. if this will be, that big group is going to be formed somehow. right mikaela. what does this

caretaker resignation mean now for the governor? the ability to take on initiatives. for example, as you know, italy is the biggest recipients of the use coven recovery funds. but seeing as that money is tied to certain reforms that italy must take, do you think that italians might lose out on the next installment? no, i don't think so. the current government can carry on with the normal process . i don't think the money is at risk. of course there will be a new government and no government will decide the what to do with these a recovery fund. i tell you my view is very maybe different from what you may have heard the money that we get from the european union. first of all, it is the money that ultimately comes from the financial mark did. you can, you know, raises funds in the market and then pass this part of the money back to the member states. so the ultimate masters are the financial markets like it happens normally

the european union, these kind of an intermediary kind of plays the role of almost an investment banker on the writing, the and that all recovery fund the my view has been banned in the wrong weight. we 1st easily chase to borrow as much money as possible. 200000000000, almost 191. and now italy has been looking at ways to invested that money. and let me tell you, professor of finance. this is exactly the thing that my students, if they do that they will fail, can all finance, so one to one in the 1st year. you do the other way around, you 1st, it least the, the projects you rank them according to the highest the return or you see how much money you need. you cut alignment to the projects a day to do not to go over a certain hard though, right? right, look at the how much money you need and then you go and borrow to. so this recovery

plan that actually needs to be re looked at the 2 because it's very inefficient. it's a debt which is certain and returns that are very uncertain and even draggy with his own signature admitted that these has a fiscal multiply or 0.9. so basically borrow, do round numbers 200 and we get the sake of time, let me jump in there because i suppose the question that i have now for a giovanni and, and then i'll come over to eleanora. is that, do you think that would be the giovanni 1st to you? is this all a big blow to, to the government's ability to continue to deliver policies and reforms in the near term at least well in the near term, of course, the government now is i can take a government that is better to do what is going to what is called the ordinary administration. so certain b as in the month of august and september, while there is still the drug is government, we cannot expect very, very,

the reforms. i mean, part of the next generation you boast will be is ruled by a magic mechanisms. so that part with just are all law yard. the reforms that are on the way man might be completed, the parties are agreed. but certainly in the let that thing the next 2 or 3 months, i would not expect any any reform because there is no the, not the political possibility to an act entity form. ok. let me bring in elanora final words to you. what do you expect to happen in the, in the next few months and give us a sense of what it's like in verona? are people paying attention to yet another government's collapse? well, he said, dr. citizens, actually there is a double feeling on the one hand, they're the ones that really, truly believe in drawing. and it was back to 50 percent of the diamonds, who really believed that he could change in on the face of the country. but did not

like, you know, a big partition government for many reasons, you know, because many of the sustain of dragging came from the left wing or the writing. so of course, it was difficult to bank to see how these government with different parties go very in the country. on the other however, you have odyssey designs that do not understand, you know, political landscape and again did not seem to benefit. you likely all eat the least common water line where you know, the western or atlantic powers lag that bends just, you know, raising prices. so coins and you know, a high here, you know, foot prices. and for them, you know, they're not touch, you know, by disciplining, because crisis actually, and i think those are also the ones that are going to vote, you know, for grants to people in the sense that mix content or you know, this content about, you know, the potential issue resolved in a protest vote basically. ok, but the only body than what's outside is what he she will have to leave it there on that. oh, thank you so much for joining us. i. michaela jace and an order polio,

giovanni r. c, and we thank you so much. thank you for watching. you can see the program again any time by visiting our website al jazeera dot com for further discussion. you can go to our facebook page, that's facebook dot com, forward slash ha inside story to run the conversation on twitter or as well or handle is a inside story from myself. a whole team here. and uh huh. thanks for watching. bye bye for now. ah ah and when the news breaks, people having to make

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