the relation with berlusconi is that.the party of berlusconi find an agreement for the constitution, for the electoral law. in the system, in this normal system, we must then play a different match, obviously. for me, it is absolutely important in this moment to give up for the young employer. also, new constitutional .egislation and electoral law >> it matteo renzi can succeed with reform, he will have the ability to ask for flexibility. it goes without saying, guy, i would have talked to prime minister renzi about telecom italia had the news of sol trujillo interest in making a bid for the company known yesterday, it wasn't. as a result, that was not on the menu. >> i suspect he is scratching his head with how to do it that one right now. thank you very much, erik. to goss once renzi faster. is sol trujillo going to spur that forward? let's talk to one of the reporters who reported on the story breaking. how far down the road is this? what do we know about the timeline with relation to this bid? >> thanks for having me.

they atv are pursuing a stake in silvio berlusconi's company.hey are interested in buying telefonica's 11% holding. microsoft is said to be near a deal to buy the company behind the game mine kraft. the kids love it. the company may reach a deal as soon as next week. would be the biggest since february. let's talk airlines. a pilot strike in munich has left 110 left-hand the flights grounded and passengers. unhappy. it's the third strike in two weeks for germany's against carrier. is in berlin. i was in frankfurt a month ago. i was you laid. someone told me it -- i was delayed. someone told me it was not called latehansa. >> clearly you were flying private. on the strike. it is going to be eight hours. 13,000 passengers. 110 flights. decision byctical the pilots. they are not shutting down frankfurt. they want to be able to retire at 55 and have 60% of their pay. the company says that is out of date. regulation says pilots can fly until they are 65. the is struggling with their pilot units. they shut down airports. you mentioned lufthansa. you m

will he have to go to silvio berlusconi.s old today for the -- she is 78 years old. 78 years old today. what will george osborne say today? are there rabbits to be pulled out of hats? all of that coming up a little bit later. >> i think i would rather be at silvio's birthday party instead of the conservative party conference. that is just a me. i am sure the conference is fun. >> here are companies on the mobile. -- on the move. the company is sold units. was 20 times oversubscribed. do by has seen a -- dubai has seen a boom. ubs shares are high. analystsave exceeded estimates. million -- a $769 million beating estimates. and commerzbank is set to be facing another major pro. familiar,to a press the german lender faces an inquiry. the bank is still tried to resolve an investigation into alleged iran sanctions. may be accused of prospering from illegal has a deals with the irish government for more than two decades is the european commission will unveil details of this probe this week. it could leave at apple with a record fi

the most famous is berlusconi in italy. but more recently, we have the case of or senko among the new resident of ukraine. , the newoshenko president of ukraine. political influence, poor transparency of money in politics. we are seeing what i called the of politics at many different levels and many have written about the economic consequences of wealth. i wanted to look at the political impact of great wealth. billionaires and 492 of them live in the united states. it is important to understand the impact they are having on our political process. i wanted tohings look at his there are several aspects that i think are particularly important in terms of the context in which this activism is taking place. one is the high level of income concentration we are seeing. thomas a chart from picardy and daniel tsai is which shows the dramatic rise of income concentration between 1913 and 2012. income concentration reached a number 1% inhe top terms of the percent of income they can -- that they earn. hyperactivewas a money 1%. oft m