he says there are abandoned villages all over italy. and all too frequently, italian bureaucracy is threatening to stymie a rest ration. >> even if you're planning a really great project it's got to be approved by five institutions in italy before you can get started. there's the preservation authorities, the town, the county, the community and the environmental authority. they all have to check the plans. you need lots of time and patience. >> villages for sale. but are they a good investment. he does get some money when tourists come but he says his meager earnings are not what it's all about. >> there's no profit involved here. it was enjoyable. it was worth it there's no profit featured here at all. >> there are many abandoned villages in italy that have historical value. max was lucky enough to find the right village and have the means to buy it. >> that's it for today. so it's good-bye for me. thanks for watching and see it next week. welcome to "asia this week." i'm minori takao. i'm back in the philippines. the rebuilding proces

while italy, meanwhile, is struggling with the weight of history.nd why russian villages are dancing to their own tune under the strength of sanctions, but first, to a spanish town in north africa. because it is a spanish exclave, it has the unusual status of being a small bit of the european union on the african continent, which means migrants often see it as a way into the eu, but also, traders using it as a way of legally getting european goods out. the problem is that local people are literally -- local people are being used for what is literally back raking work. >> she is having 40 kilos strapped to her back -- it might be food, clothing, or blankets. she is going to lug the cargo across the border from spain to morocco. >> this is how poor people like us earn our money. it is relentless. everyone thinks only of themselves. work is torture. >> there are now hundreds of mule women crossing the border, which used to be closed. women or men, the rule here is survival of the fittest. the goods do not have to be declared customs because the authori

we are in a position to say that we can use our capability to grow further in italy or outside of italybe, what, three acquisitions? if this is something where you say, i want to be the number one italian bank in terms of private wealth, where do you see opportunity? >> look at delivery first. we increased volume by 40 billion euros. now we have something like 300 billion euros private banking and wealth management. bet is something that could third or fourth in europe. we want to increase the volumes also through possible hiring of private bankers in other companies, or making acquisitions. areasitions would be in where there is a lot of concentration of private banking or wealth. so you can talk about switzerland, you can talk about asia. this is the area which i am considering. acquisition or hiring private bankers. >> will you decide in the next couple of months? >> this will be something in the next couple of months. i am now integrating. i will have a strong company and if possibility, to make combination with other private banks in europe or outside of europe. -- you wantook at t

and that led to a lot of anger, a lot of soul searching here in italy.ernment launched an operation and it was very much a search and rescue operation. the italian navy would patrol the waters between italy and north africa. they would actually go as far as the libyan coast. and they would come across boats full of people and bring them to safety. take them to land. it was expensive, it came at around $9 million a month. but also pretty controversial with other countries within europe saying it wasn't the right response the reason that people would encourage this and make are come. the rules have changed. that mission has been wound down and replaced with another operation, operation triton, this isn't an italian operation, it's an even u. operation, it's run by the border control force that works for the even u. and it's got the likes of netherlands and portugal involved and finland. now, what this is is this is going to patrol 30 miles nautical miles off the coast the italy. it's not going to be an active search and rescue operatio lookn looking to peo

marches, sit-ins, and protests brought rome, italy to a stand still.the finance ministry, tension rose. the same scene was repeated outside of the german embassy. and in northern italy, protesters clashed with the police in milan. >> translator: i'm 40 years old, and i lost my job. i want to know how i can have a dignified life. all i want to do is work and provide for my children and pay for my mortgage. >> reporter: more demonstrations are expected in the coming days and weeks, including a general strike planned for early december. italy's long road to economic recovery is likely to be paved with protests. >>> boko haram has taken over a town in nigeria's borno state. the town was attacked on thursday, forcing people to flee. nigerian government troops and the civilian force are trying to take though town back. this is where the 276 schoolgirls were kidnapped more than six months ago. a few dozen managed to escape, but boko haram still holds 219 of them. >>> still to come . . . >> i'm lawrence lee in scotland where two months ago people voted to stay

it brought rome and italy to a stand still even if for just a few hours. tension rose.e scene was repeated outside of a german embassy, and in northern italy, protesters clashed with the police. >> translator: i'm 40 years old, and i lost my job. i want to know how i can have a dignified life. all i want is to work, provide for my children, pay for my mortgage. doing this in italy these days is difficult if not impossible. >> reporter: more demonstrations are expected in the doing days and weeks, including a general strike planned for early december. italy's long road to economic recovery is likely to be paved with protests. >>> in ukraine, one soldier and a five year old child have dyed in different attacks in the past 24 hours. the ukrainian military said that were killed in battling between government forces and rebels. ukraine's president has said its army is ready to defend the country, but there is still chance to resolve the crisis peacefully. >> translator: there are no grounds for panic. we have developed and brought to life within the last two months serious s

italy is not overspending. if you look at the current account, they're actually not doing as badly as the journalists or the press would have you believe. the problem is italy has been on a negative growth trajectory pattern. just yet the results came out just went down 237% spending year on year. if spending stays the same, it's going to split out the limit. but in a normal environment, these things wouldn't happen. another thing to bear in mind, with interest rates so low, thanks to the ltro and the qe, given that mainly all european countries by the european central bank, the cost of italy's funding has come down significantly. now, when you project these debt ratios, over 20, 30 years, these enormous drops in interest rates really come back and help the country in five, ten years' time. witness the fact that italy this year was going to have negative growth in 2015 wsh i estimated i would have zero growth. but it's going to explode in 2016 for the reasons i just mentioned. >>> moving on to the banks in ital

italy's markets up 0.4%. france fractionally in the green meanwhile germany and the uk underperforming. >>> the dow jones industrial up just about 89 points in premarket trade. investors keeping an eye on that eurozone gdp data which came in slightly higher than expectations. the question is, how do you make money in these markets? the stocks trading at record highs. here is what some of the experts have been telling us this morning. >> i like equities. i'm long equities. i'm long the nikkei. that's my biggest single equities, that's been wonderful. and i'd like to say that that of japan a week ago, actually, i'm very pleased to benefit from them. >> even though u.s. treasury curve back behind the fed, rates aren't going to go up significantly. so in the uk markets, for example, down 2.5%. >> the euro/dollar continue stronger against the yen. euro, if you look at euro versus the yen, it's at really interesting levels, close to 1.45. i think that right there could be rather at a cross. >> and time to give you

. -- about to face in italy. but the germans did. and let me say this: i highly respected the german soldiers as an enemy. they were good. they had ravaged most of europe. they had taken over everything. they had military down to a science. it is still called a science in some places but they know what it was. and what i watched them do in and theor instance, mountains of italy, whenever they went in to attack, they prepared their target. they came in with bombers or artillery or whatever to soften up the target for their infantry that would follow. that was preparatory. we didn't do that. i wasn't taught that at all in my training. we didn't do that. but the germans did. and when they charged out of their position, they didn't come in mass but they came in units. if it was a rifle company, there would be three squads and they'd all approach it from another angle. and what they did that from behind them machine guns would fire overhead. so here these guys come charging at you and machine guns firing overhead. and

. >>> italy has tagged its first case of ebola. >>> liberia where official numbers of cases is 2700. the president surleaf, vowd to o have the cases reduced by the beginning of the year .1(p) missing feared drown, kim vanel has more. >> holding on for their lives the group of men wait to be rescued in morocco's southern region. oartlothers battle the current , drivers on dry land able to do little but look on. rivers across the region have burst their banks and authorities are rushing to get help where it's needed. >> rescue operation that's been going on underway since yesterday night, sunday night when all this has happened. it's mobilizing the gendarmery with helicopters and trying to recover bodies, rescue people, there is a lot of evacuation that's been happening from remote villages that has been evacuated by the gendarmery, royal gendarmery. >> the south has suffered from drought for the past 30 years. so heavy rain means an increased risk of flash flooding. strawrkt in the south is lacking -- infrastructure in the south is lacking and it's feared to worst pay be yet to come.

first from italy. a 61-year-old man crawls up on to the hood of the hatchback and watch what happens. >> did he catch somebody? >> yes, he caught a 2-year-old girl in his arms. according to reports, that little girl was dropped from more than 16 1/2 feet up. the mom also escaped by jumping down. the story behind this is nuts. apparently, this young girl was taken away from her mother because her mother had drug problems. this was a foster care home. this little girl was staying in. the mother scheduled an appointment with the psychologist for evaluation. she and the daughter were talking to the psychologist. drops the little girl out of the window to her boyfriend and they got away. >> oh, my gosh, that is so horrifying for the poor girl. can you imagine being dropped out a window? >> oddly creepy thing? this 61-year-old man is the uncle of the little girl's father. >> psychiatric evaluation over. the girl is going to be taken away permanently. >> it did not endear her to the court. these two escaped t

. >> this is sardinia, italy.s known for its kilometers of beautiful coastline, gentle breezes and mediterranean climate. and this is switzerland -- famous for its alps, skiing, hiking, alpine horns, and swiss cheese. now the two may be united -- at least if andrea caruso and enrico napoleone have their way. >> we want sardinia to become switzerland's 27th canton. >> a mediterranean island as part of switzerland? >> sardinia is a wonderful place with a great landscape, an excellent climate, and 1.5 million residents. it can't be that such a wealthy region is unable to look after its own people. >> caruso and napoleone have been friends since their school days. two years ago they started the intitiative "canton marittimo." the aim was for sardinia to break away from stagnant italy in favour of a more attractive partner -- switzerland. the car dealer and the dentist are trying to win over others. they founded a facebook group, which now has over 13,000 members. caruso and napoleone regularly meet with their supporte

especially for those who find themselves strandeded in italy.ountry that people like this man have to remain in under e.u. rules. >> translator: some think that perhaps if we get here alive at least we have a chance here in europe. but iing found the situation here worse than where i fled from. >> reporter: from -- for many this is what they can expect. there are dozens of these buildings that have been turned into shelters housing as many people as can physically fit through the doors. in some cases there isn't even a roof to keep the rain out. but what these places provide is sense of safety. the u.n. says the problem of refugees being stranded needed fixed. >> we need to increase the possibility of humanitarian visas, and that would prevent many people to decide to cross the mediterranean in this way. >> reporter: as e.u. officials gather in rome, the migrants keep arriving. and these are the lucky ones, they survived. many more will die trying. they feel they have no alternative. >> let's cross over now to phil lavelle. are they finding a ma

barely a part of italy has been spared.ouple is believed to have been buried in a landslide when their home collapsed. one of the harrowing stories that have come out of italy in recent weeks. the worst has been around genoa and agoria. the country already is prone to mudslides, but the trees being cut down to accommodate development over the years aggravated the situation. one of the big fears now, heather, is that italy's longest river may overrun its banks. the damage so far hundreds of millions of dollars. >> amy kellogg. thanks. >>> well, look out for a big cat prowling the country side in france. the cat first reported to be a tiger was seen crossing a major highway and creeping around a gas station. it's on the loose near disneyla disneyland, paris. they've found big paw prints, and approximate they say it's not a tiger, but some other kind of large cat. there's a critter reported about 150 pounds. wow. paris doesn't have any large fee lines in its attraction. a nearby animal park says it's not missing any cats, but

as this is going on in italy there is an interesting dynamic occurring. as i mentioned earlier, this unit, the italian navy, it's one of the most successful units. units. i think to british battleships in alexandria, they conduct a number of operations that are highly successful, sink a large portion of allied tonnage of chips. italy in 1943 changes sides, and the oss is out of the box and dynamic thinkers they say, why not not take these assets and bring them into the fold? and that is exactly what they did. and these men, taylor was initially part of organizing and negotiating. they conduct special operations missions behind the lines and conduct these missions by gathering intelligence. it is fascinating. they they capture high-value targets, conduct assassinations. one of their greatest was that italy at the time was made up of belts of german fortifications. fortifications. they captured were brought back an italian engineer that had designed the gothic line, and they knew every single bunker, machine gun nest, mortar position, mortar position, artil

the migrants are mostly trying to reach spain, malta, italy and the island of lampadist is a off the coast of sicily. >> we are in rome. phil, we know that there have been similar meetings in the past, what's different this time around? >> probably the sheer amount of people here, 58 participants in this meeting. people from every e.u. country and much of the african continent, this is something wider. the meeting is held in italy, a country that's struggled with a huge number of may go grants from north africa. e.u. foreign policy representative said as far as she is concerned this is a priority and she will use this meeting to make sure everybody is aware, that this is an issue that needs tackling right now. despite the dangers, hundreds of thousands of people are making this trip, risking their lives because they are searching for safety, for security and a home. >> this used to be a hotel. it's long-since closed but the lobby still packed and the rooms all taken. 150 migrant families live here. it has a roof and that is enough. for this former child soldier who fled the sudan war

he fought in italy. he jumped into market garden. also fought in the battle of the bulge, where he should have won the medal of honor, but due to a snafu, he did not. he is a great platoon leader from world war ii. a guy who i am happy to call a friend. the gentleman to his left is lieutenant colonel cole. plain number one of the doolittle raid. copilot andtle's the pride of dayton, ohio. we talk about moments of history to having a front row seat moments in history. to onea front row seat of the most amazing moment in history. to his left, the pride of montana. plain number 15. mber 15. nuymber >> maybe? >> i said engineer. offense, navy guys. you are in the engineer. -- and engineer. ofanted to have the honor opening remarks by the ambassador of the taipei economic and cultural representative of their office. during world war ii, the republic of china suffered at the hands of the japanese but fought with great dollar. -- valor. the chinese risk their lives to help the doolittle raiders, helping many of those guys to safety. as a re

coming up on "countdown," judgment day for italy and france.russels next with the key line to look out for. ♪ >> i am and london these are the top headlines. lowtouched a four your after the world's largest producers refrain from cutting their output. opec leaders in vienna decided not to cut production despite the steepest slump in prices since the global recession. david cameron will lay out his latest plan to cut immigration in a speech. willin's prime minister propose that europeans arriving in the u.k. should not receive welfare benefits or state housing for four years. this the second time the cabin has made a policy speech to counter the rise of the u.k. independence party which is two seats in parliament. the estranged wife of chris hoehn's to receive 337 million pounds. that is the biggest seen in an english court. had a totalhusband assets that totaled 700 million pounds. they separated after being married for 15 years. france and italy will escape immediate punishment for the budget proposals in 2015 according to an eu official speak

that is significant, this is being held here in italy.hat has been struggling with the sheer number of m migrants. little once thaert italians here are describing this issue as a priority that needs to be dealt with now. they are packed onto boats. it's an unpredictable dangerous stretch of water and many die in the process. it's all very well having tess conferences with all these important people here sitting around the table. but can anything realistically be achieved sitting here talking in a room thousands of miles away? >> well, i think it starts and end with political commitment. and political commitment is created in rooms like this. and without political commitment and without the common understanding and the sense the joint and common share of sense of urgency of the matter, this is created in rooms like this. but it cannot stop there and everybody knows it will not stop there. >> reporter: no those that do arrive. many are stranded in italy because that was their point of entry. living in derelict buildings, targeted by anti-mi

in fact a couple of tornados were spotted in italy on wednesday. meanwhile, wet and windy conditions for british islands. wet weather over the black sea region. temperatures higher than average over the east. 15 on thursday and nearly 20 on saturday. moscow around 1 degrees for this time of year but much higher than average into the weekend. here's the extended forecast around the globe. >>> and that concludes this edition of "newsline." on behalf of our team, thank you for staying with us. gg99Ññwçç recs here are the headlines. in jerusalem, a group of far right israelis are set to follow through on their march to the al-aqsa compound. it has been the center of new clashes in the city already on edge. republican victory in the u.s. midterm election pushes the president to take a more conciliatory tone. he says he is going to ask the new congress for its approval on u.s.-led military actions against jihadist group, the islamic state. french president francois hollande is exactly halfway through his term, but

. >>> floods continue to sweep through italy. our meteorologist jonathan oh is here. >> we have been talking about a consistent low pressure system that has continued to bring lots of rain. flooding is a serious problem for italy right now. at least two people have been killed because of the flooding. let me show you what it is looking like on the ground level. days of heavy rainfall have left parts of northern italy under water this week leaving at least two people dead. many homes damaged in the process. an elderly couple believed to have been swept away by a mudslide while traveling in their car. flood waters flowed into several towns causing people to wade through them. many residents and shop owners trying desperately to stop. more than 200 millimeters of rain reported in just eight hours in one location. the problem is emergency workers are having problems getting to the locations because of the roadways being blocked off and completely cut off because of the water flowing in the area. this low pressure system doesn't look

the video filmed in northern italy is prove of how the group is spreading beyond its region. >> this is a rare glimpse into the secretive world of the italian mafia. >> this video obtained by italian investigators shows for the first time the ritual of the most powerful and violent of italy's four ma ' four mafias. what makes the video more remarkable is that it was shot hundreds of kilometers fourt north of their stronghold. prove that they have spread to northern italy, where they're known to launder money, gang, prostitution, drugs, arms trafficking. the video was part of evidence that led to the arrest of 40 people, but it also shows that while they have moved on to more modern ways of making money, it's core is rooted it ancient traditions. other italian ma i can't organizations have not been spared by the authorities. [ sirens ] in palermo the police arrested 16 clan members linked to the leader of the sicilian ma i can't on the run from the authorities since 1993. for italy's authorities it means they are another step close for catching the italian ma i mafia agency real-life

it has happened in the capital of italy are torrential rain hitting the area. workers kept clearing manholes throughout the city for most of the day. near black skies covered tourist sites such as this coliseum as motorists tried to avoid sections of major roads. this is the system responsible for this torrential rainfall. buckets full of rainfall have been occurring since i recall from the beginning of this week. it's pulling moisture from the south and pulling a lot of that cold air from the north, lashing it here making it for nasty conditions and less likely to prevail. we have two waterspouts reported in italy on thursday and we might even see more or even a touchdown of tornados. excessive rainfall will be about 60 millimeters on top of the flood situation, it's going to wors worsen. large hail, report of five centimeter hail in italy and that's likely to continue with strong gusts reaching up to about 65 kilometers per hour, so, n about in the southern areas hitting towards the southern balkans. towards the west, wet and windy conditions will be dominati

so much of the western coast of italy.nd again, southeastern corner of france, where flooding is ongoing as well, could see the situation worsen. now across the west we have the incoming system from the atlantic which will create gusty conditions and heavy patches of rain in parts of the british isles and iberian peninsula. rain is also moving into paris. 14 degrees in paris. not so bad in temperature. the high pressure system dominates the east again and warm temperatures here. warsaw at 12 degrees. berlin and vienna at 14. now across the u.s., nothing warm here. it's really cold. in fact extremely cold for this time of the year and creating snowfall across the upper midwest and great lakes region and this system will also provide about centimeters of snowfall across ontario. down to the south on top of the 40 centimeters already we will add 20 centimeters on top of that. this is due to that jet stream meandering all the way down to the south. an open door for the arctic blast to cover much of the states. and it's more th

france, fractionally in the green and italy up.the best part of 1%. >> we should know the german markets are up about 7% already this month, but quite the rebounds for the german markets. u.s. futures poiping to a lowe more and close for the 41st sometime this year. thanks for watching. i'm seema mody. >> and i'm wilfred frost. "squawk box" is coming next. 9m >>> good morning. rejected. the senate failed to capacity the keystone pipeline bill. we'll have a lot to say about this. and the reason. she thought she had 60, she didn't. netflix down under, the video streaming service is launching in australia and new zealand. happening now, large parts of the country are digging out and bracing for record low temperatures and more snow. upstate new york, six feet. six feet of the white stuff. it's wednesday, november 19th, 2014. and "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. new this morning, "people" magazine naming its an

italy, they have had 12 quarters with zero or negative growth.taly story, is it going the way of france and some of the other countries or is it looking more like a healthy country like portugal or spain? >> thanks for that. let's bring in my next guest who says the euro is like a tightening noose on growth and it won't loosen its grip. richard jefferies joins me now. great to have you with us. let's start with german gdp. thatys a lot about europe germany of avoiding recession is the best we can do right now. a lot of people were talking about the prospect of a recession and how it would change the attitude of german policymakers. right now, you have a labor market that remains strong, an approval rating of angela merkel that remains high. are they going to change course soon? whack's maybe things have to stay as dull as they are for longer. they haven't got the headline. >> i wanted that headline. >> the fact is they are struggling to find any growth, not just in germany for throughout europe. at those economies individually, they are capable o

carolina will take you through the numbers in spain, italy, and turkey. they are spending 19 billion on networks. i will not say anymore. mark arden with the barge charts the price of iron ore is out and they say that it is going to come in the next quarter of next year. it is lower on the back of the number and there is nobody on the chart on twitter. let's have a look. and russiabout glue did better than expected. above-average is the word we're looking for. where should we go? and beat analysts estimates they gave up. mark did an interview with the ceo and is not doing well with opening prices here. the trade flows around the world are concerned about global economies in the developing markets that are slower than they thought. estimates andhe they look at the guidance. 1% ande is giving back this is the crossing of the market where you can see the prices ramped up. that is the bart chart. >> i love the bart chart. by atse 100 is higher third of 1%. geopolitics, david cameron ramped up against russia last night in a speech and opposes -- talked about t

christmas eve is almost here, and your magic pbs holiday sleigh is taking you to italy. and as they say there, avanti! let's go. this is the home of the vatican city, headquarters of the roman catholic church and some of europe's most sacred christmas traditions. for centuries, pilgrims have hiked from all over christendom to this great city. domes and ancient obelisks still serve as markers, lacing together relics and sacred stops... including the tomb of st. peter, marked by the greatest dome anywhere. and through the ages, pilgrims have stopped here at the basilica of santa maria maggiore. the faithful believe the original planks from jesus's crib are in this ornate container. and here in the capital of catholicism, each christmas, lovingly constructed manger scenes, called "presepi," pop up all over town. st. francis of assisi is credited with assembling the first manger scene in 1223. he used it as a tool to teach people the story of the first christmas. since then, in the creative teaching style of st. francis, manger scenes often put bethlehem in a local context.

nobody can take care of you. 165,000 migrants arrived in italy this year. that is 100,000 more than last year. the goal is to get to the tiny italian island of lampedusa in the mediterranean sea, and then to europe. thousands died trying. the relief of those rescued is evident. when the ship comes in, the welcome may not be what they hope for. especially for those stranded in italy. some have to remain in, under e.u. rules. >> some preferred the seed to the wall, thinking that if we get alive, at least we have a chance in europe. when i arrived in italy i found the situation here, worse than what i fled from. >> the fact is for many people who find their way to roam, this is what they can expect. there are dozens of these buildings. they have now been turned unofficially into shelters, housing many people. in some cases there is not a roof to keep the rain out. what they provide is a place more secure to them than a country which they fled. it needs fixing. >> they need to increase the numbers for the settlement. for humanitarian visas. that will allow for

food is a way of life in italy. -- you see yourself as an a mbassador.e done different things with food. >> is important to seafood in a contemporary way. the greeks have said we eat to ,ive and the romans switched it we live to eat. italy is like a passion. , the pope andnow pope francis and now is amazing. team is anl soccer disaster right now. if you screw up with her grandmother's recipe, is a big problem. "never trust a skinny at how you chef " is ironic. we are chefs. we cook food. , we know how to think, but we are still chefs. we have to create good food. >> thank you for that. we want to get more of your take. massimo bottura stays with us. up, find outming how the u.s. helped to build the most accurate to watch. talking to watch and designers. ♪ >> ok, welcome back. you are watching "the pulse." as far as watches ago, it may take a beating. the atomic watch has been unveiled as the most accurate timepiece. seconds every thousand years. we'll take the 1.5 seconds. tom gibson reports. an over,tains microwave, and a laser developed by the u.s. dep

at the same time it says france italy and belgium are at risk of over-shooting their budget target. commission officials warn they could still hand out a fine of 0.2% of french g.d.p. to france if it continues to basically break the rules. >> as i said, france's budgetary plan risks not come applying with the stability and growth pact. france has been part of an excessive deficit procedure, and the objective is to bring its deficit down to 3% of the g.d.p. the evidence suggests that this deadline is not going to be respected. >> in other words, france, belgium and italy have until march to show the european commission that they are serious about making strides at least, making some progress, when it comes to hitting those targets once again. >> thank you. i hope you are shopping online for black friday. >> that is cyber monday coming up. >> thank you. >> next up, web news here on "france 24." >> hello there welcome to the news with our particular stories. coming up on today's show. web users in the u.s. helping business owners in ferguson. spain launches a campaign against domestic

to say the last hour, we have had some solid numbers from spain and italy. over to what's coming one "the pulse." >> imzpwration the number one subject in the u.k. sfrernl a political point of view. -- certainly from a political point of view. the migration data ke have been getting for the last day or so, really casting an interesting light on that. last night took -- the business secretary gave a speech talking about diversity in the board room. we're going to talk about the issues. we're going to talk about whether the british people have been given the right information when it comes to the subject of migration. this is having a significant impact on the relationship with the e.u. and angela merkel now. we'll talk about all of this with the u.k. shadow business secretary. later on, we're going to be we go into to c.e.o. of virgin atlantic. we'll talk to him about his business. we'll talk to him about his brand. is his brand impacted by what just happened with virgin galactic? we'll talk to him about that and his relationship with delta as well. all of th

three people are killed. >>> and italy

that has done damage to france and italy. of the ecb is to allow policy that would the euro to weaken to give france and italy a chance to see a recovery and growth. trulyallenges are enormous. i do not believe the optimism that always comes out in the euro area is at all well-founded. they ought to be concerned about where they are. stepat using the next should be for the ecb? >> conditions in different member states are different from each other. aey are meant to be setting single monetary policy. that is the heart of the problem. >> should europe try to change the arrangement and become a united states of europe? >> no. there is no support for that around europe. you can see that from the elections this year. the big step forward is there needs to be a clear recognition on the part of the leaders of europe, that looking ahead, there will be different categories of members in the european union. those in the euro area will require a degree of coordination , if not union, which is wholly inappropriate for those not in the eu

specifically getting attention here in italy because italy is the one country that has really had toe the issue. and also because of the newly appointed minister of foreign policy says this needed to be tackled right now. we have some experts here from the international organization for migration. we have a room full of people. they are all talking about what should be done. how does this translate from a room of people talking to actual action where something does change? >> well, this is the first time this dialogue of international migration development in the framework of the [ inaudible ] process will talk about international protection as well. this is very important news. so we hope that some specific issue will be addressed during the conference. let's say, let's wait and see. all of these migrants that have arrived in europe in 2014, many are entitled to get some kind of international protection. and it is needed to track down traffickers and smugglers who organize these journeys. and it is very important that countries try to sit down to find common solutions and try to fin

all of the patterned marble is from italy. all of the cream-colored marble is from france.s green stone is marble from greece. the red trim is actually marble from algeria. the building was designed by george post, an artist out of new york. a lot of the subcontractors and was controlled out of new york. we have a more global look at our state capital than most of the other state capitals you will see. wisconsin goes back to 1836. at that time, wisconsin was part of michigan. michigan wanted to be its own state. we called ourselves wisconsin. that's an indian word that means the gapping of waters. in wisconsin, we have gathered over 15,000 lakes. we sent our paperwork to washington, d.c., they approved us to be a new territory, and the president appointed henry dodge to be our first leader. esther dodge moved to wisconsin a few years earlier. get richo wisconsin to because we found lead in our hills 60 miles from here. all kinds of minors can't wisconsin. s came to wisconsin. everybody said, they live like badgers. that is how we got the nickname the badger state. nothing t

all eyes are on italy. in justill get italy about one hours time.er that we get the pan-european numbers, this is a mixed signal. looking to the gdp numbers to provide a great deal of clarity and perhaps ammunition on whether not -- whether or not you should be eyeing government bonds you will not get it from these gdp figures. weekend asbe a busy the leaders began arriving in australia for the summit. global economic growth very much the top of the agenda will what are the chances of achieving those targets. that is always the issue at summits like these. plenty of mobile ideas that get discussed and then leaders have to go back to their home countries and implement them. in this case there are two is to targets, the aim raise global growth by two percentage points adding $2 trillion to the global economy and creating jobs as well as cracking down on international tax avoidance. the challenges are many. earlier today on bloomberg one of my colleagues interviewed the oecd see secretary-general and here is what he had to say. sluggish economy and the

people across much of italy are dealing with the aftermath of severe weather. mai joins us with the details. >> torrents of rainfall have resulted in the deluge of heavy rainfall, in days, which have created severe flooding across northwestern italy, including kovari, where we have images coming out. rain left northern italy underwater. at least two people dead and many homes were damaged. a couple is believed to have been swept away by a mudslide. floodwaters flowed into several towns, forcing people to wade through knee-deep waters. many shop owners desperately tried to stop the water to bail out what was entering their buildings. over 200 millimeters were reported in a space of just eight hours at one location. emergency workers continued to be delayed in bringing in assistance due to many roads being washed out or even blocked. unfortunately, the similar conditions will be prevailing due to the upper cold air and surface temperature clashing here, making for heavy rainfall across the similar locations. that's possibly going to move into venice as well as ro

in fact a couple of tornadoes are cited in italy on your thursday. wet and windy over the british isles. and across the east, sunny weather and temperatures a little bit on the high side. 12 in kiev, and 15 degrees in warsaw. but still on the chilly side in stockholm, only 4 degrees for the high on the last day of the business week. now, across asia, we have a deep depression moving over the bay of bengal. this one will likely reach the east coast of india as we go into next week and another system just to the south of the indochina peninsula, this one is setting up moisture for the southern areas of thailand, as well as cambodia, and also malaysia, as we go into the weekend. now, across the philippines, actually tomorrow is the one-year anniversary of typhoon haiyan. tacloban is one of the hit areas, and this area will see some scattered thunderstorms. now, to the north, rain will finally taper off over the southern parts of china. but across the north, thanks to a big high pressure system, sunny weather will continue, that includes beijing area, wh

different but this is the worst of italy's nightmare.ing going on for weeks with rain not letting up for days at a time and massive landslides that have taken down houses. five people were killed in a span of a few days this week. an elderly couple was believed to be buried under a mudslide. people near genoa, the worse-hit areas, were rescued by helicopter. the longest river will jump its bank. italy is susceptible to landslides but building that has led to removal of so many trees has aggravated the situation. where funds have been earmarked for projects to shore up vulnerable terrain, in some cases it's been blocked by italy's complex bureaucratic procedures. damage so far from this wave of storm is in the hundreds of millions of dollars. suspected thief getting much more than he bargained for. the smackdown with the shoplifter. >>> and birds of a feather flock together and it's costing one city. why one city wishes they would just fly away. ♪ ...doing laundry mom. she still does it the old way. i haven't told her i switched to tide p

. >>> and italy faces a problem with refugees trying to find a safe haven. what to do with orphan children >>> hello. a new video appears to show the beheading of a number of hostages, including peter kassig. it appears to show members of islamic state of iraq and levant killing aide workers and soldiers. kassig was captured while in syria, on a mission to help wounded refugees. the white house responded, saying: if confirm, we are appalled by the murder of aid workers, and express condolences to family and friends: >>> crossing to imran khan. we have the statement from the white house, saying that they are determining the authenticity of the video. what are you hearing about this? >> well, what we do know is that the video was shared on platforms that are previously called credible. we know that the video has emanated from i.s.i.l. sources, and we know that the video shows the beheading of 12 syrians, i.s.i.l. say that soldiers - we don't know who they are, we can't confirm it. the beheading of the u.s. humanitarian aid workers. in the video, the reason for

italy. italy has investments in egypt that amount to billions of dollars. now he's accompanied by big businessmen from egypt, and they'r there is supposed to be a trade summit between businessmen on tuesday. >> libya's airport has come under attack from the air at a low flying fighter jet fired in tripoli. it's unclear who is behind the attack but it's controlled by a rebel militia. >>> on to afghanistan, at least six people have died after a bomb attached to a motorcycle blew up. the motorcycle was parked at a market. the attack comes a day after an attack that killed 16 people in a volleyball match. >>> the world bank is warning that severe weather changes could put the livelihoods of millions of people at risk. a report on global warming by the world bank said that a temperature rise of 1.5 centigrade is already locked into the air's atmosphere. in latin america and caribbean extreme weather and change in weather patterns is effecting agriculture. longer heat waves would put strain on the

a former member of italy's national squad. former brazilian soccer hero. the air to the excitement to the opening game of the indian super league. >> it was wonderful. we had a great time. >> for the youngsters, the new generation, today is all about soccer. >> reporter: cricket is loved across india. but soccer is trailing behind. but soccer started to catch on among young indians when european league matches were first aired on tv. riding the wave of popularity, the new indian super league is aiming to secure india's first ticket to the world cup finals. it has eight clubs competing for the national championship during a short two-month season. the league has lured star players from abroad with high salaries. it hopes they will help the indian players improve their game. >> i'm happy to share my time with you and with the indian culture, the indian football. >> reporter: clubs are enjoying support from domestic and foreign companies. this man is a co-owner of a new club. he also has an investment firm. he has invested roughly $6.5 million in the team, be

it is to some extent italy but italy is in the same recession it was in last year.e was germany falling from 2% growth to stagnation now. that changed early summer. the outlook for the european economy is not to the outlook for -- >> thank you very much. next, find out why a vote in switzerland has application for the press. >> welcome back. sunday, the referendum to decide whether the swiss will change their current system of storing and selling gold referred -- reserves. what it means. good morning, gentlemen impair the market hasn't price to this in. what impact would it have on the gold price? theirst of all, i don't see market placing it in a negative vote. it is interesting to see the factors all around it are still continuing to climb, the ethics moving in terms of the dollar. -- the fx moving and terms of the dollar. you would see gold significantly higher if we get that yes vote. >> john, what is your take? they pose are a very close call. yet voters are undecided. >> definitely. with david that of the swiss vote in favor of this measure. it would be seen a