we are hearing from giuseppe conte.re just talking to carlo cottarelli about some of the issues. if we do not have a strong majority from mr. conte, he says that the government, they can steer the recovery. or, he says italy needs a government that can steer the recovery. i think he is suggesting that it is his government that can do and italy's economy will need the support. should governments and companies have been more ready for the catastrophic crisis which was starting to unfold 12 months ago? we discussed the risks the world faces in 2021. that's a little bit later in the program and this is bloomberg. ♪ >> the trade war, dlisting chinese companies, just some of the policies joe biden must decide on when he takes office. among his team, tony blinken. he has already indicated the pressure on china will continue, at least over the crackdown on democracy in hong kong. commerce secretary pick gina raimondo is another. hurt moderate stance on beijing has been noted. katherine tai, a fluent mandarin speaker who wants t

brent: what do you see happening after conte's resignation tomorr?ill he be able to bld a more stable government? reporter: that really is the burning question at this ment. what we do know is he is scheduled to have a cabinet meeting to tell them of this decision, that he will head up to the presidential palace and meet with the president and hands in his resignation. then, we will see what happens. will the president then give him the possible mandate to create this broader coalition for a third round of conte, or will he after consultation with the different parties bend towards a different figure, another local leader, or perhaps a technocrat, and another possible option is elections, but that is appearing very unlikely, because, of course, with the situation the country is facing, it will be very howard -- hard to carry out an election, so we will have to see in the next day or two whether to see conte come back in for a whole other government. brent: lots of questions to be answered. reporter seema grouped out reporting from rome, thank you. --

about 10 or 12 he needs would not usually vote in favor of conte.ey should or that is what he is hoping to achieve. matt: all right. sorry, i'm just looking at the yields here. btp's yielding 61 basis points, down a little bit, though we did see italian yields rise yesterday. it was only a slight gain and we were looking at gains in bunds as well. anna: yes, and it is interesting to see there has been little reaction to what is and other government crisis, especially compared to the previous one where salvini walked out of the government but if he does narrative the european central bank is active in the market. you have the money from the recovery fund that is coming and this is a technical detail but important the term for the italian presidency is ending at the end of this year so after july, an election cannot be called. you have a tight window to call an election in the midst of a pandemic. even by italian standards, politics defy logic. it seems it would be difficult to organize an election from then until the end of the summer so that window

conte will go, but perhaps not for long. minister will resign today -- this morning, in fact -- in an effort to form his third government. plus, ubs announces a share buyback of up to $4.5 billion and a big beat on net income. we hear from our exclusive interview with the new chief executive, ralph hamers. good morning and welcome to "bloomberg surveillance." i'm francine lacqua in london, tom keene in new york. tom, we must look at the reflation trade. we will spend more time looking at the market, giving the setback that markets felt after we heard from the republican party, saying they will not vote, or they will not go through with the relief bill until march, and we look at politics in the u.k. the prime minister deciding whether he wants to put everyone in qua

guiseppe conte lost its majority in the upper house last week. small party left his coalition which has led him to this point. >> guiseppe conte lost his majority, absolute majority in the upper house of parliament last week after a small party within theoalition quit. following that, he is trying to tempt some opposition senators to jump ship and give him the numbers he needs but it seems he has not managed to do so. he will have a cabinet meeting tomorrow morning and he will then go to the president's office and tender his resignation. it is likely that he would be tasked with forming a new coalition government, which might sound rather strange. when the prime minister quits he is given the chance to form a new government but that is one of the quirkof italian governments. it is had 66 government since the second world war. when the prime minister quits, they then would go to form the -- inform the president and usually and hope to be given the chance to form a new strengthened coalition, a reformed coalition. if he manages to do so he can rela

after giuseppe conte's junior coalition r&r pulls out. good morning, everyone. welcome to "bloomberg surveillance." i am francine lacqua here in london. it is a big news with a lot of things we are looking at, and sometimes these things happen, so pardon the voice. there is a new package, according to new deal reports, but it is certainly changing the way the market is looking at treasuries. it is pricing joe biden to propose one point $3 trillion in spending, according to a person familiar with the story, speaking to bloomberg a bit earlier. the italian 10-year yield a bit earlier, whether giuseppe conte will stay in power. there is quite a lot of news on m&a after france saying they will rebound the advances of the canadian giants. a lot of news in the markets, determined by a lot of news and politics. now let's get to the bloomberg first word news here in london. with me is laura hi, laura. laura: hi, francine. joe biden's covid relief package, the channel reports his aides have said ahead of the announcement, it is likely to include direct payments to americ

conte a majority. some senators are ready to vote for mr. conte.e: but does it weaken his hand to decide the recovery fund money that the e.u. gives italy? does that make it a bit more messy? paolo: well, yes, it doesn't simplify the situation. the whole subject we are discussing with the business community is how the government will deal with the 209 billion euros which are part of what we call next-generation fund, and for which we with the present government has yet prepared what we need to present in order to have this rally. so i hope that for mr. conte's government, it will be much more active on this front. it has been taking care of the situation but not much of the future. francine: paolo scaroni, what is the biggest concern right now? there are number of rumors flying around, saying that it would be -- that a technocratic government would be better, hoping that mario draghi would take some kind of role in italian politics. but what are the main challenges for the next six months? is it vaccination, or is it just a recovery fund to launch

of that under conte 2 or conte 1.ll a very divided country. big challenges going ahead that he mentioned when it comes to the vaccination, when it comes to the recovery. it is hard to see when you do that when you only have 156 votes. what i would note is this really clearly moves away that potential early snap election that is not going to happen. that was really the risk event for markets. it has been removed. today, we could see btp jumping on that. this clearly certifies there is no snap election happening even though i want to stress this is a very weak italian government. manus: as italy narrowly avoids political turmoil for now, at least we can say that, meanwhile we will see that evolve in germany as we see merkel tightening the virus restrictions. what is happening there? maria: manus, she is extending those restrictions until february 14. doer looking and another three or four weeks of restrictions in germany, the biggest economy in europe still taking a hit due to coronavirus. what is interesting is the ger

italy's prime minister giuseppe conte is set to resign, in the hope of forming a stronger government. will his gamble pay off? chelsea sack the man they call their club legend — frank lampard is out as manager afterjust 18 months in charge. the us house of representatives has delivered its article of impeachment to the senate, charging former president donald trump with "incitement of insurrection" of the capitol riot on january 6th. it's the official start of the senate trial process. led by the house speaker, nancy pelosi, nine representatives are proceeded to the senate chamber where they'll serve as prosecutors, or "impeachment managers." the lead impeachment manager, democratjamie raskin, read out the charge in the senate. article in the senate. one. incitement of insurrection. article one. incitement of insurrection. the constitution provides that the house of representatives shall have the sole power of impeachment and the president shall be removed from office on impeachment for an conviction of treason, bribery or other high crimes and misdemeanours. further, section three of

your time and your insights tonight thank you was a pleasure for italy's prime minister just half a conte is reportedly planning to resign tomorrow is government has been in crisis after one of the coalition parties pulled its ministers from his cabinet earlier this month now political observers believe that after his resignation conte will try to form a new government that will have broader parliamentary support. are for more now from rome is journalist sima go to see him it's good to see you again so do we know what is behind conte's planned resignation i mean after all he won 2 votes of confidence in parliament last week. he did win the vote of confidence but in the lower house of parliament that was an absolute majority and quite clear but in the senate it was just a relatively georgie's it was clear even then that he was going to struggle in order to enact any of his policy agendas to process any legislation and to process any possible votes and it was clear that this decision that came this meeting about his resignation on tuesday morning just before there was supposed to be a vote

does giuseppe conte have the votes he needs in the senate?dro: that is exactly the question, whether he has enough votes in the senate where he already has a razor thin majority to carry on. there are three scenarios and i will explain them quickly. the first one, you get more than 161 votes. he can carry on. if he loses, he has to resign. if he winds the vote -- wins the vote, he leads the minority government that cannot pass ballot measures which means he would probably -- for weeks or months as he tries to find more support in parliament. manus: great to have you with us this morning, alessandro. any move in the yields or was it fairly flat? alessandro: that's unlikely. as long as the ecb is in the market. so far, italian bonds have not reacted much to the crisis and the main scenario investors fear, which is snap elections that might ring him into power, u.s. far-right parties -- no matter what happens today, it remains a remote possibility for now. manus: our bureau chief speaking to us. let's see how the vote goes today. i have got a bi

italy's prime minister giuseppe conte is set to resign, in the hope of forming a stronger government. will his gamble pay off? and sacked — frank lampard is fired. chelsea say — recent results haven't been good enough. we'll ask a former player who'll replace the chelsea legend. the impeachment of donald trump will move a step closer in the next couple of hours, when the us house of representatives formally charges him with inciting insurrection. this was the moment pro—trump supporters stormed the capitol building on january 6th. trump is specifically accused of "inciting violence against the government of the united states", for statements he made at a rally prior to the attack. today, speaker nancy pelosi will walk the article from the house, through the capitol and to the senate, marking the formal start of the impeachment trial. but there will be a two—week lull in proceedings, partly to allow both sides to prepare and to give the senate time to hear cabinet nominations for the new biden administration and work on the coronavirus relief bill — which the democrats say they will pu

resigns plunging the country into political turmoil in the midst of the pandemic but conte could be back in charge very soon plus i can tell you obviously one of the problems are all playing the. fact that up close to the point in time what is the point. our correspondent with indian farmers taking their grievances to the heart of the capital delhi and the german flavor grows stronger in the english premier league as thomas to show takes the reins of chelsea joining you're going in the top tier. i'm off to our viewers on p.b.s. in the united states and to all of you watching around the world welcome what has happened to millions of undelivered doses of coronavirus vaccine promise to the european union and the drug maker astra zeneca says last minute supply chain issues . to blame but with all $27.00 e.u. countries facing heat for a lagging vaccination rollout politicians are openly questioning whether astra zeneca is telling the truth and whether vaccines produced within the e.u. are going to higher bidders outside the e.u. . talks and more talks have done little to less than anger

just have become a resigning -- just happy contee -- giuseppe conte resigning as italian prime minister. let's take a look at where we are with markets. equity bids in europe outperforming the story in the united states. cars and chemicals really driving the story at the moment, as a result of which we are seeing the german market, the docs doing very well today. but he stuck 600 is up by 0.6%. the auto sector is certainly one of the strongest performers. it is outperforming today. we are also starting to see evidence of details coming through. he was going to benefit in sector from the eu's battery program? we are also seeing a little bit of strength in the british pound today. euro sterling a little bit lower, down by 0.2%. a spat across the channel when it comes to dealing with basking -- with vaccine distribution. concerns about what happened with the astrazeneca vaccine, and certainly the german health minister's today getting very hot under the collar about all of this. we will see how it transpires. we will hear from the fire ceo in just a moment. alix: in the u.s., earnings have

giuseppe conte says: and it's not just and it's notjust italy.er than half the number of covid—19 vaccines at expected in the first three months of the year. pfizer and astrazeneca have warned they would be able to deliver the amounts promised due to production problems. and in a new twist, the new york times is reporting that pfizer plans to provide fewer vials since they discovered they could extract an extra dose from each vial that was only supposed to contain five. at supposed to contain five. at the supposed to contain five. git the end of the day it is important to recognise that pfizer and other large pharmaceutical companies are for—profit companies and they have a responsibility to their shareholders to try to extract the maximum amount of profit that they can. but the maximum amount of profit that they can-— that they can. but the country insists that it is fair because the contracts are dosed on —— based on doses, not vials, and it is a lucky discovery means more doses will meet dominic reach more people. but until the majority of peo

what are conte's options?oes not have a majority anymore in the senate and that is problematic. he could resign. that would mean perhaps a new government. he could try to stay in office and find another majority or try to put it to a vote and see how many deputies would be in favor to back him up. if that does not work, it is up to the president of the -- republic to decide whether new elections are needed, whether it's time to call in the technocrats and have a technocratic government. if you flip through the italian press this morning, it is interesting that there is almost full consensus that this is not the time to vote, purely because of the pandemic, the logistics. you cannot hold a vote in the midst of a lockdown. there is a very harsh attack on matteo renzi. it's difficult for italians to figure out why the country needs an election right now given that all of this is happening, the economic crisis, the pandemic, the g20 presidency. it seems like this crisis will go on for a few weeks and may not end n

conte cannot form a new government.he question becomes the key issue and markets start to worry, what is the shape of the italian recovery? otherwise the working assumption should be we have a new government and we start to spend money to get a recovery underway. yousef: we still want to get to some of the other news. kallum pickering stays with the program. it is shaping up to be a decade of finding -- for global business. bloomberg brings together ceos to map out. we are going to be speaking with the ceos of helton and carnival. make sure to pencil at into your agenda. here is what is coming up. after a riproaring rally that sent stocks above the 140 5% mark in terms of gains, short-sellers are doubling down including a new firm backed by ken griffin and steve cohen. ♪ yousef: this is "bloomberg daybreak: europe." a has swept financial markets in china and hong kong. it comes after some signals from the regulators from people close to the pboc decision-making process that there could be a scenario where they withdraw

. >> the president of the republic has received this morning that the prime minister, giuseppe conte,as resigned as his head of government. reporter: he failed to secure support for his initial reform. matteo renzi was the man whistling a different tune. he has come under interns criticism -- intense criticism in germany. >> he probably had good reason to show everyone does government did not have a sufficient majority. i think they will find a solution because italy deserves a good government. reporter: but not everyone in rome was so sure. >> confidence in the government? at this point, no. especially with all the games being played, as they looked for one extra member of parliament to reach a majority. this is not the way you govern the country, particularly a country like italy. >> i'm not very confident, frankly, because i think the behavior, particularly of some political parties, has been very are responsible that share responsible -- has been very not responsible. reporter: whatever the outcome, italians must now deal with political upheaval to add to the turmoil caused by a f

giuseppe conte is resisting pressure to resign in the run-up to a critical vote in the senate.hole newspapers are saying he does not plan to quit but he may change his mind if he fails to recruit enough senators this week. early elections are still thought to be unlikely. the world is witnessing the greatest rise in inequality on record, according to oxfam. the poor are likely to feel the effects of the pandemic for years but the megarich have already bounced back. it's calling on countries to address the disparity including reforming taxation and canceling the debt of developing countries. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. manus. manus: laura, thank you very much. coming up on the show, protests and 60 cities. the kremlin tries to downplay the demonstrations that have erupted from the jailing of russia's opposition leader. more on the story. this is bloomberg. ♪ manus: it's your monday addition of "daybreak europe," with me, manus cranny in dubai. the

conte battles on.he italian from minister works to broaden support of an outright majority in a crucial senate vote but at least he won. and lockdown for longer. merkel tightens covert restrictions as germany reports the highest number of daily deaths since the pandemic again. we are under one hour away from the start of cash trading in europe, in the u.k. as well. take a look at futures. gains across the board, although they are fairly tepid. dax futures up only 1/10 of 1%. we do see ftse futures up about one third. in terms of u.s. futures, we also see the subdued gains on dow jones and s&p in many contracts, while nasdaq futures rise 6/10 of 1%. anna, we've got a couple of breaking headlines here. in the u.k., i see consumer prices rose 0.6% which is better than the estimate. anna: yeah, absolutely. a rise of 0.6% in year on year number, the estimate was 0.5%. better if you like inflation. let's have a look at how that compares to the yield environment. u.k. inflation up with real yield dropping to

has resigned plunging the country into political turmoil in the midst of the pandemic but conte could be back in charge very soon plus the german flavor grew stronger in the english premier league as far as to show takes the reins in chelsea joining you're going to close in the top tier. i'm going golf it's good to have you with us tonight what has happened to millions of undelivered doses of corona virus vaccine promise to the european union drug maker astra zeneca says last minute supply chain issues are to blame but with all $27.00 e.u. countries facing heat for a lagging vaccination rollout politicians are openly questioning whether astra zeneca is telling the truth and whether vaccines produced within the e.u. are going to hire bidders outside the e.u. . talks and more talks have done little to less than anger at astra zeneca european officials say the firm has failed to adequately explain why it was slashing its vaccine deliveries to the you. invested billions to help develop the world's 1st 1000 mexicans. to create it surely global common good and now the companies must deliver

reporter: giuseppe conte lost his majority in the house of parlment after a sma coalition party led byme minister withdrew its ministers. without the numbers in the senate, it would have been a torturous task for prime minister conte to pass anything through parliament. there would have been horsetrading and backroom negotiations. facing another vote later on this week, he decided to jump early. and went to the presidency, he tendered his resignation. it is seen as a tactical move because what he hopes will happen is when tomorrow, the president begins consultations with party leaders to see who could have the numbers to come out of parliamentary majority, that actually the president will give the prime minister another chance to come back with a revamped coalition. ♪ ros: i am ros atkins. we are here in the bbc news room. more than 100,000 people have died from covid-19 in the u.k. the highest number in europe. prime minister boris johnson says he's deeply sorry for every death. the former process of putting donald trump on trial in the u.s. senate for inciting insurrection has begun.

the margin of victory was tighter than mr conte�*s allies had hoped.and can continue to govern with a minority. germany is extending coronavirus restrictions until the middle of february. chancellor angela merkel said she wanted to avoid an explosion in infections caused by mutations. under the regulations, schools, shops, hospitality and leisure outlets will remain closed. businesses must let employees work from home where possible. the uk has recorded the highest number of covid deaths in a 24—hour period since the pandemic struck last year at more than 1,600. experts say it's likely that the coming weeks will see figures even higher than this. many hospitals say they're now "overwhelmed", with some staff "almost on their knees" after many months of treating desperately ill patients. that's certainly the distressing reality of life at the royal london hospital. and in the second of his special reports, clive myrie discovers the heavy price being paid by both staff and patients. the birth of a new day brings a familiar demon — more covid infections an

affect those most vulnerable to the virus also coming up tonight italy's prime minister in 2 separate conte resigns plunging the country into political turmoil in the midst of the pandemic but. could be back in charge very soon and the german flavor grows stronger in the english premier league as thomas to show takes the reins of chelsea joining european club in the top tier. i'm brant office good to have you with us what has happened to millions of undelivered doses of corona virus vaccine promise to the european union the drug maker astra zeneca says last minute supply chain issues are holding back deliveries but with all $27.00 e.u. countries facing heat for a lagging vaccine rollout politicians are now openly questioning whether astra zeneca is telling the truth and whether vaccines produced within the e.u. are going to higher bidders outside the e.u. . talks and more talks have done little to less than anger at astra zeneca european officials say the firm has failed to adequately explain why it was slashing expects scene deliveries to the e.u. . europe invested billions to help develop

giuseppe conte said: and it's notjust italy.force says it will receive fewer than half the number of covid—19 vaccines it had expect in the first three months of the year. pfizer and astrazeneca have warned they won't be able to deliver the amounts promised due to production problems. and in a new twist, the new york times is reporting that pfizer plans to provide fewer vials because they discovered they could extract an extra dose from each vial which was only supposed to contain five. at the end of the day it's important to recognise that pfizer and other large pharmaceutical companies are for—profit companies, and they have a responsibility to their shareholders to try to extract as much profit as they can. the company insists it is fair as the contract is based on doses, not vials, and the lucky discovery means reach more people. but until the majority are vaccinated, the fight against the virus will have to take other forms. in the netherlands, a nighttime curfew has been introduced. the wait may mean more lives are being l

mr conte has said that he has hope to be given that mandate and two of his coalition partners have alreadyy will back him. the question is whether he can get enough centrists mps and senators behind him. and a new strength in coalition or whether his days as it his 29th prime minister since the second world war have come to a close. now, the travel show looks back at some of its best moments from southeast asia. the team jump on a _ from southeast asia. the team jump on a unique _ from southeast asia. the team jump on a unique bamboo - from southeast asia. the team jump on a unique bamboo train and visit one of the world's most remote food festivals. this week, some of our favourite adventures from south—east asia. 777 steps. from the top of a buddhist temple... and here we come to a bridge. to a bone shaker in the cambodianjungle. wow! from the traffic jams of manila... you don't want a distracted driver. the traffic here is a little bit crazy. hi bunma, hi pearl. to baby macaques in thailand. bunma, don't try and steal pearl's. hi and welcome to tokyo. well, travel is certainly a long wa

the margin of victory was tighter than mr conte's allies had hoped.h a minority. now, back to america. in his last 24 hours in office, mr trump is expected to grant presidential pardons to around 100 people, featuring many of his allies and loyalists. although much of trump's term in office has been mired in controversy, last—ditch pardons are relatively common in the final days of a presidency. alvin s felzenberg is an author and presidential historian. he says presidential pardons haven't been this controversial until recent times. —— i asked him whether pardons had ever been this controversial. the pardon process began, really, in mediaeval england. it's a throwback to the king's mercy. there was a presumption that certain people had slipped through the cracks of the justice system, and there are certain times a year when the king could make that right. of course, kings do not have to answer to legislatures and parliaments and even the public sometimes, so sometimes allies of the crown were pardoned who might perhaps have been imprisoned in previou

september 2019, this was italian prime minister giuseppe conte literally bringing in the new coalitions on, one of them, italia viva, led by former prime minister matteo renzi, has left, leaving the current majority without a majority in parliament. translation: we are ready to help, we are ready to talkj about everything with everyone, without ideologies. we're not doing something irresponsible. we're saying if there is a political crisis, it should be faced in institutional settings. it's not clear why his party left government. prime minister conte changed his plans to spend 223 billion euros in eu financial aid after the former pm said he did not like it. translation: we will never be complicit in the greatest waste l of money we could have in republican history if we were to move forward. we have to move forward with the project. now it is up to the government to decide, and not to us, because we have only told the truth. since quitting as pm, matteo renzi's popularity has nosedived, polling suggesting italia viva attracts 3% of voters. but his a decision to pull out of government

conte is expected to try to remain as leader by forming a new coalition. but if those efforts fail, italy could be headed towards snap elections amid a devastating second wave the pandemic. and mexican authorities have launched an investigation after 19 bodies were found shot and burned over the weekend in a town near the u.s.-mexico border. relatives of asylum seekers from guatemala say they believe 13 of the dead could be their loved ones and includes teenagers who were trying to reach the united states. and those are some of the headlines. this is democracy now!, democracynow.org, the quarantine report. i'm amy goodman in new york joined by my co-host juan gonzÁlez in new brunswick, new jersey. hi, juan. juan: hi, amy. welcome to all of our listeners and viewers from around the country and around the world. amy: after winning office with massive support from people of color, president joe biden moved tuesday to advance what the white house calls his racial equity agenda. pres. biden: open the promise of america to every american, and that means we need

it's not yet clear whether mr conte will have the numbers to form a new coalition government. an impassioned appeal to leaders in the upper house or senate for their support. united nations officials are saying they've heard reports that traders are still planning to stop doing business with yemen, even though the us has frozen its sanctions on houthi rebels. with millions of yemenis at risk of starvation, the country really can't afford any disruption of food supplies. the dutch government says it will not lift a curfew, after several nights of violent protests against increased covid curbs across the netherlands. shops in rotterdam and other cities were looted and more than 180 arrests have been made. the us senate has rejected an attempt to stop donald trump's impeachment trial. the republican, rand paul argued the hearing would be unconstitutional because mr trump is no longer president. but he was defeated by 55 votes to a5. 0ur north american correspondent david willis has the details. you are absolutely right, mike, that vote to abandon the trial completely was rejected

mr conte won by sixty votes, a bigger—than—expected margin of victory.enate, where his government has only a slim majority. 12 miners trapped underground after an explosion in a chinese gold mine have alerted the authorities that they're still alive by managing to send a handwritten note to the surface. state media says the message was passed through a rescue shaft. the fate of another 10 men missing after the blast remains unclear. scottish fisherman have brought parts of central london near downing street to a standstill in protest at problems exporting fish to the eu due to brexit. many say they have not been able to export their stocks because new regulations have added lengthy delays to their delivery times. this has prompted some european buyers to reject the products. a team of nepalese climbers has safely descended after becoming the first ever to reach the top of the world's second highest mountain k2 — in winter. k2, along the pakistan—china border, is notoriously challenging with hurricane—strong winds and sub—zero temperatures. one of the lea

the margin of victory was tighter than mr conte's allies had hoped.of parliament on monday and can continue to govern with a minority. a new study by the world health organisation is calling for urgent action to limit air pollution and save more than seven million lives a year globally. the who recommends a ban on domestic wood and coal burning. the outgoing secretary of state, mike pompeo, has accused china of committing genocide and crimes against humanity in its far western region of xinjiang. in what's likely to be one of his last acts, mr pompeo said an investigation had concluded that beijing had been systematically trying to destroy the uighurs and other minorities there since march 2017. nury turkel is a uyghur—american lawyer and a commissioner to the us commission on international religious freedom. he explained what the decision means for us—chine ties. this is a huge development, and also this shouldn't surprise those who have been following the development here in washington, dc, because it shows the seriousness of the us government. we h

prime minister giuseppe conte, says the delays are unacceptable, prime minister giuseppe conte says the and other european countries. he says the government will use all legal means to make sure the companies meet their obligations. the two companies say production problems have forced them to more than halve the amount of doses they can deliver. the us coronavirus immunisation programme has been thrown a curve ball by pfizer. it says six doses of vaccine can be extracted from every vial supplied to pharmacies, rather than the five previously announced. the new york times says the us drugmaker now plans to provide fewer vials to meet its commitment to supply 200 million doses by the end ofjuly. pfizer says its contracts worldwide have always been based on doses, not vials. i'm joined from columbus ohio by dr mike gannio. he's the senior director for pharmacy practice and quality at the american society of health—system pharmacists. hello then, thank you so much for joining us on bbc news. why do you think this confusion has arisen over doses versus files?— doses versus files? good eveni

the votes were triggered when one of mr conte's coalition partners quit the government.

. —— giuseppe conte.s to jump ship and give him the numbers that he needs but it seems he has to do so. you will not have a cabinet meeting tomorrow morning and he will then go to the president's office and tender his regulations. it is likely that he would be tasked with forming a new coalition government which might sound rather strange to you that when the prime minister quits he is given a chance to form a new government but that is one of the quirks of italian politics. this is a country that is at 66 governments since the second world war. a country of perennial political crisis assembly and when a prime minister quits, they then go to inform the president and then usually help to be given the chance to form a new strength in coalition in every form coalition. if he manages to do so he can relaunch his government and if he does not come of the task would move to another political figure and failing that, if nobody can do it, fresh elections for that. ., ., , ., if nobody can do it, fresh elections f

september 2019, this was italian prime minister giuseppe conte ringing in the new coalition governmented by former prime minister matteo renzi, has left, leaving the current majority —— current government without a majority in parliament. translation: we are ready to help, we are ready to talkj about everything with everyone, without ideologies. we're not doing something irresponsible. we're saying if there is a political crisis, it should be faced in institutional settings. it's not clear why his party left government. prime minister conte changed his plans to spend 223 billion euros of eu financial aid after the former pm said he did not like it. translation: we will never be complicit in the greatest waste l of money we could have in republican history if we were to move forward. we have to move forward with the project. now it is up to the government to decide, and not to us, because we have only told the truth. since quitting as pm, matteo renzi's popularity has nosedived, with polling suggesting his italia viva party attracts less than 3% of voters. but his a decision to pull out

conte lives to see another day in power. we look at the details.has a minority, so it is difficult for him to do reforms. we will look at that. european stocks for the moment higher on wednesday, buoyed by hopes for more stimulus. this is bloomberg. ♪ mr. biden: is deeply personal. that our next journal -- journey to washington starts here. the place that defines the very best of who we are as americans. i know these are dark times, but there is always light. francine: that was joe biden speaking yesterday as he departed his state of delaware for the nation's capital. to see if there is any impact from the stimulus. a lot of talk was on janet yellen and her hearing and testimony yesterday. the focus is not only on stimulus but exactly what joe biden will do in his first day in office and the next 100 days. let's get to first word news with leigh-ann gerrans. it is inauguration day in the united states. president trump will skip the ceremony, been in a rare side of goodwill is wishing the next administration luck. washington is on high alert after t

it's not yet clear whether mr conte will have the numbers to form a new coalition government.ut he made an impassioned appeal to leaders in the upper house or senate for their support. united nations officials are saying they've heard reports that traders are still planning to stop doing business with yemen, even though the us has frozen its sanctions on houthi rebels. with millions of yemenis at risk of starvation, the country really can't afford any disruption of food supplies. the dutch government says it will not lift a curfew, after several nights of violent protests against increased covid curbs across the netherlands. shops in rotterdam and other cities were looted and more than 180 arrests have been made. joe biden has signed for more executive orders aimed at addressing racial equity. housing and criminaljustice housing and criminal justice reform housing and criminaljustice reform are seen as part of a move to address racial tensions over the summer. killing of george floyd open the eyes of millions and paved way for change. millions and paved way for chan . e. milli

mr conte won by 60 votes, a bigger—than—expected margin of victory.a team of nepalese climbers has safely descended after becoming the first ever to reach the top of the world's second highest mountain k2 — in winter. k2, along the pakistan—china border, is notoriously challenging with hurricane—strong winds and sub—zero temperatures. one of the leading members of the team is a former gurkha and british special forces soldier, and he's been speaking to our correspondent, secunder kermani. conquering the so—called savage mountain in the depth of winter. for decades, it defied the world's toughest climbers. now, this former gurkha and british special forces soldier... this is my team here in the tent, hello! ..along with a team of other nepalese mountaineers has made history. it was super cold, and every step we climbed was an effort. so, you know, when we got to the summit, what we did was just ten metres before the summit, the whole team stopped together and, yeah, we sing the national anthem of nepal, and we made it to the summit together. some of th

prime minister conte changed his plans to spend 220 billion euros in eu financial aid after the formerslation: we will never be com - licit translation: we will never be complicit in _ translation: we will never be complicit in the _ translation: we will never be complicit in the greatest - translation: we will never be complicit in the greatest waste l complicit in the greatest waste of money we could have on republican history if we were to move forward. we have to move forward with the project. now it is up to the government to decide not to us, because we have only told the truth.- have only told the truth. since aruittin have only told the truth. since quitting as _ have only told the truth. since quitting as prime _ have only told the truth. since quitting as prime minister, - quitting as prime minister, matteo renzi was my popularity has nosedived, polling suggesting italia viva attracts 3% of voters. is a decision to pull out of government could not have come at a worse time bitterly. 80,000 people have died from covid, the second highest in europe and infection rates remain st

it's not yet clear whether mr conte will have the numbers to form a new coalition government. support. stay with us on bbc news, still to come: us senators are sworn in for the second impeachment of donald trump. the former republican president is charged with inciting an insurrection. the shuttle challenger exploded soon after lift off. there were seven astronauts on board, one of them a woman schoolteacher. all of them are believed to have been killed. by the evening, at the square the heart of official cairo, the demonstrators. they were using the word revolution. the earthquake singled out buildings and brought them down in seconds. i tonight the search for any survivors has an increasing desperation - about it as the hours passed. the new government is firmly in control of the entire republic of uganda. survivors of the auschwitz concentration camp have been commemorating the 40th anniversary of the liberation. they toured the gas chambers and crematoria and relived their horrifying experience. this is bbc news, the latest headlines. uk prime minister borisjohnson has off