the mafia is not finished in italy.aine trade is as powerful as ever across the world, as you itemise in the book. one thing you conclude in the latest book on the cocaine trade is that, in your view, the only way to beat the traffic is to legalise cocaine around the world. that is a counsel of despair. of course, if we legalised hard drugs they would become more available, they would become cheaper, more people would take them. is that really the only way you can see of ending organised criminality connected to the drug trade? i want to end bringing it back to a personal level, roberto, because your life in some ways is not your own anymore. and itjust struck me as very symbolic that at the beginning of your latest book you write a dedication to the police bodyguards who have been with you for all of these years. i think you say, "we have spent 51,000 hours together. "and here's to all of the hours and the places we will be in the future." do you really feel that, for the rest of your days, you are going to live with b

reporter: riace in southern italy.his is where iman, atieh, and their four children are starting a new life. the first step is learning the language. the syrian family initially fled to lebanon, where they lived for five years. atieh remembers the 30-hour journey to get from there to riace, and the shock he felt arriving in what seemed like a different world. mr. al jedi: my first thought when we arrived was that i just want to get out of here. i was so tired on our first night. i kept asking them to take me back to lebanon. but bit by bit i calmed down. people treated us well, and i realized that the italians were good people who gave us a warm welcome. reporter: this is beirut, the capital of lebanon, which borders syria. around 2.5 million refugees live here. the family paid $200 a month for a crumbling room with no windows or bathroom in the city's palestinian quarter, where as syrians, they didn't feel safe. they described their plight in an interview at the time. mr. al jedi: rents are really high here. everyone

talking about global financial planning in a resort town in italy.elen: there are worse places for it. at the g7 meetings of foreign -- of finance ministers is taking place in italy. it has a wide ranged agenda including income inequality and cutting off the terrorists. u.s. treasury secretary steve mnuchin was the center of attention as everyone is seeking more clarity about trump policy plans. trump has threatened to assess the group's consensus on issues including climate change and protectionism but the italians him -- but the italians have another agenda. >> for italy, a top issue is that the head of the agenda. fighting economic inequality. >> i want to draw attention to growth and social inclusion. i'm happy that italy is pursuing these issues. growth cannot happen without social inclusion. correspondent: rome's interest is not entirely unmotivated. brussels has a just rank italy last in the eu in terms of growth and to germany is under scrutiny this year for its huge trade surplus. finance minister of germany is likely to face criticism at th

in italy. he will be joining us shortly. here is what we are watching. risk in the rearview mirror. are muscovy -- is the euro project back on track? we arelive at the g7. fbi fallout. news het trump told nbc would have fired james comey even without recommendations from the justice department. is the u.s. on the right rate path? the market seems confident, but will consumers support the case? theill ask charles evans of chicago fed in an exclusive interview. to the program, everybody. we are less than half an hour to the european open. let us have a look at what is happening on european futures market. we will be a little bit starter at the start of trade. the ftse 100 could be a bit of a laggard this morning. m&a this morning and france. a little bit of oxide coming -- upside coming in from the cac and the dax. gmm function, in better perspective. we are standard deviations away from standard moves. we have the chinese market up by .6%. it dropped off the far left hand of your screen. that wa

k those cli leaders of japan canada france uk italy germany, of course, the u.s. morning so far. it was great to see you lea we are going to keep keep you on on president donald trump that we know that he already met with prime minister abe recently, of japan a short time ago was in brussels yesterday. so keep it right here on fox business we will continue our breaking news, and thank you for watching fbn:am. >> "mornings with maria." >> morning. >> we see you he shortly thank you so much good morning, everybody. to everybody i am dagen mcdowell in for maria bartiromo. it is friday, may 26, top stories at 6:00 a.m. eastern time, president trump capping his first overseas trip at that g-7 meeting, last hour, he held a bilateral meeting with japanese prime shinzo abe this comes after the president targeted nato lack of funding for defense yesterday. >> these great security concerns are the same reason that i have been very, very direct with secretary, members of the alliance, in saying that nato members must finally contribute their fair share. >> we will take you t

, in the southernmost part of italy.n and a atieh al jedi and thr four children are building a new life here. their first step has been to start learning the language. the family originally came from syria, but fled from there to lebanon, where they lived forr five years. atieh remembers what a shock it was to arrive in italy after traveling for 30 hours. >> when we got here my first thought was: take me back to lebanon. i was so tired. but then, bit by bit, i calmed down. the people here treated us well. the italians are good people, and the welcome was warm. >> flashback: beirut, the capital of lebanon -- syria's neighbor in the middle east. about two and a half million people live here. the 6-person family is paying 200 dollars a month to live in this windowless hole without any bath. it's in a palestinian neighborhood where they don't feel safe. >> rents are very high here. everyone knows that the palestinians take advantage of us even though they're refugees themselves. >> atieh has found work as a baker, but the ch

beyond italy, where you are looking? >> beyond italy, we are concentrating on 200 billion euros of wealth, 100 billion euro is already in list of clients that we gave to our relationship manager. so i think we can continue in italy to deliver at the same speed that we had in in the past business plan. another area important for us is china. we decided to invest in china, and we said we want to replicate our model also in china, especially with personal and private clients. >> can that be replicated? there's so much competition out in china. i talked to some of the biggest wealth managers in the world, they're very active. they have got much bigger fire power when it comes to allocating some resources there. can you compete with those players? >> but they are concentrated on high net worth. we are not competing with high net worth. if you work with private client, personal, you can't replicate our model. it is a model working with a strong retail franchise, with affluent clients in china we want to replicate the same. we

it is a short meeting with the prime minister of italy.the meantime let's talk about the prime minister of the united kingdom, teresa may warning another terror attack is imminent after the manchester bombing. the man who killed usama bin laden, rob o'neill, said this could be the tip of the iceberg. >> people who came back from syria, the islamic state out of syria and we need to be watching this, there needs to be a certain profiling that goes on with these people, men and women, the cubs, the caliphate, this is a big ideology. they believe in it more than anything else, they want to take over the world and destroy it. >> we wondered how much of a threat to these jihadi bribes pose? terrorism and national security expert and ceo of the american media institute in dc, who are these people? >> 80 to 100 of them from the uk and other english-speaking countries, not many americans that we know of but they tend to be teenagers in their early 20s who left their families and traveled through turkey into syria and iraq and found themselves marri

to italy for g7 meetings. we are seeing in front of us. how is that happening, given the experience of the first 100 days? , following they manchester attack, we software the first time that global events have influenced the resident's first international trip, he said, speaking in bethlehem, the terrorists who perpetrated the manchester terror attack were "evil losers must be obliterated." that was the first time we saw an unscripted measure but they were prepared remarks, prepared statement the president gave. when he goes to brussels and returns here, he will be faced with the global leadership. anecdotally speaking, both in saudi arabia and israel, there was a lot of signage on the street welcoming the president. i have not noticed any in italy. tom: you look like gregory peck. on your roman holiday. he will go with the president to brussels, stay out of the heat. michael wilson with us with morgan stanley, very quickly and we will come back and talk equity markets, the fiscal budget, and my distracted by

he's now in italy, meeting with the president to italy, the presidential palace in rome.ve live coverage for you throughout this hour. keep your right here on fox business. good morning. i am nicole petallides. lauren: good morning. i am trained or pick the terror threat in the united kingdom is raised its highest level as his landmark about tearing manchester. at home ahead of the summer of that season. a lot of people go to concerts this time of year. the latest details of the break-in is on its investigation. nicole: u.s. stock market futures after four days of gains once again in the green ever so slightly. s&p futures at a quarter of one point nasdaq futures up five. lauren: fox news charlie gasparino reporting he has hired his long-term attorney to represent them ithe council inquiry into his campaign to alleged ties to russia. we would details coming up. nicole: cleveland cavaliers are one win away from their third straight appearance in the nba finals as they take the lead over the celtics. senators stay alive at the two to one victory over the eastern conference

spreadt risky bonds, the between italy and portugal has narrowed a percentage point, shilling italy ise crosshairs between the risky bonds at this point. vonnie: what is interesting is the idea of changing the way italy is governed, from proportional representation. another country thinking of changing its constitution. why do electorate's and politicians feel it might be time for their constitutions to change? italy has had trouble forming a stable government for a good number of years. mean you get policies pushing through. one of the big concerns expressed by the market and by , for example, is that italy is not pushing through the same kind of structural reforms we have seen a in spain and the same will to do that in france as well. the risk is we leave behind one of the biggest economies in the region if they don't find ways to make that kind of changes that will make the economy more dynamic moving forward. vonnie: italy had one of the first technocrats trying to solve the crisis. if technocrats can't do it come elected politicians can't do it, ushered in politicians can't do it,

president trump arriving in italy's presidential palace moments ago for a bilateral meeting with italy's once that meeting wraps up, he will head to the ambassador's residence and meet with italy's prime minister. let's bring in claudia from rome. the president meeting with the pope earlier, give a sense how that played out in what i am sure was a well choreographed meeting. >> reporter: it definitely was. what was amazing to see, how president trump and the pope bridged differences. they started on the wrong foot last year with the pope saying whoever builds walls and not bridges is not christian, and president trump back then count erred it, replying it is disgraceful with the pope. they met at the vatican all smiles, and made a joke when he met with melania. he asked melania what do you feed this guy, pizza? apparently we are told is slovenian dessert. bold move. i am sure there were no diplomatic incidents, they were all smiles. in all seriousness, then met privately for 28 minutes. we still don't know what was discussed, haven't been told by the vatican yet. surely they must have to

but italy isn't the only country tightening its rules. france now requires airbnb to collect a tourist tax. and the european union has been locked in a court battle with apple for years, over $13 billion in back taxes. almost every official here agrees u.s. companies should pay more. the fight is who it should be paid to. the g-7 meeting officially kicked off this evening with a formal dinner to welcome everyone to bari. the discussions here will help set the tone for the president's visit later on this month. for "nightly business report," i'm elon muy in italy. >>> ahead, why the airline industry might be bracing for new trav >>> wells fargo willcutting pro billion, on top of previously announced cost cuts of roughly the same amount. the company plans to use the savings to invest in technology to replace an aggressive sales culture. bank executives say the fallout from the fake account scandal of last year is accelerating these changes as the industry undergoes a shift. >>> ford faces questions about where that company is headed along w

and then you actually moved to italy, or you lived in italy?n't see the first season, i'm about to ruin the end, so close your ears for five seconds. [ light laughter ] but my character decides to move to italy. >> jimmy: how close is the character to you? >> i mean, it's pretty close. after the season finished, i decided i would move to italy for research for the role. you know? and my character learns how to make pasta. so i actually lived in italy in this small town called modena. and i, you know, learned how to make pasta. i worked in these pasta shops and stuff. all the places you see in the series, i actually worked there. >> jimmy: you just made -- like learned how to make pasta? that's fantastic. >> yeah. you know, leonardo dicaprio, he sleeps inside of a bear carcass, i go and learn to make pasta. [ laughter and applause ] >> jimmy: there you go, same deal. same deal. >> we're both dedicated to our craft. >> jimmy: same exact thing. same exact thing. >> yeah. >> jimmy: do they recognize you there? do they know you're famous? >> no one

gentiloni, the prime minister of italy.he changing of the guard of g7 leaders, both of these two face elections in the next flnine months. german elections this fall. italian elections by may of next year. could be earlier than that. the pressure we feel has eased in europe in recent months. but still some big election hurdles to get over. >> this is like the red carpet. >> yeah. the shame is we're not seeing mr. trump greeting any of these leaders yet. >> he'll be arriving. this is like the bachelor open. they all come one by one. >> exactly. i wonder whether president trump demanded to be first or last. we saw him yesterday wanting to be at the front. >> look at that setting. >> beautiful setting. >> there is justin trudeau, prime minister of canada. he wore nato socks yesterday. >> he chooses his socks well. >> president trump does have relationships with some of these leaders. he met most of them before. he met tree dudeau in the unite states. spent a week with abe with already at mar-a-lago . met with merkel and may. s

italy interesting to see whether that plays out or not. of course, we will be reporting on the next week. there is are is that revolution in retail as consumers go toward online, it is pressuring brick-and-mortar. this is g #btv 5825. right near the pink line, that is 2%. segmentse bottom, all of brick and mortar retail at zero or well below. that's including the department stores down for the 1%. this is online. this is amazon online, the e-commerce giant of 330%. threat toan absolute the brick-and-mortar retailers out there. mallly, it extends to reads on the week. you see all these stocks are down huge. on the year, they are down to. that's between 10 percent and 25%. a bloomberg analyst told me on the phone that while the anchors -- while that angers them, there they could vacate on those anchors. lindsay dutch makes the point that malls see it as an opportunity to bring in traffic and perhaps even raise rent. it will be interesting to see how this plays out. vonnie: and it is the perfect segue to our next guest, because we are staying

the young dashing globetrotter kevin mccarthy was boarding the venice express in italy. >> he'll give us a tour of that stop before that crossing o the austria. >> i've been on the express since about 11:10 this morning. we started off in venice italy now we're in brenner which is amazing we're right by the austrian border. i can see my breath look. i'm going to take you along the train. we're here for murder on the orient express which comes out in november. this is what my buddy -- this is ricardo. he's awesome. helped me out with my door. thank you for that. how is you >> easy. >> have we been a good crowd for you. >> yes. >> we'll head into the train. i'm going to show the train so come on in. this is absolutely incredible steve and allison you guys got to see this place. follow me through here. all right, so, i am currently in car k for kevin, they named it after me apparently. let's follow through here as jim from igm you'll be on tv tomorrow in d.c. while you're watching this i'm further away now but this is my current location as of wednesday afternoon here in i

italy! thank you very much. 0ver tonight? italy! thank you very much.tuguese. hallo. who is going to win the eurovision song contest tonight? portugal! i thought they would say that. what do you think of the british song? very good. amazing performance. she was amazing. minimum of top ten, i wish you. second. portugal has never won the eurovision song contest. we will have to wait for the voting to see who wins to night. never work with children, animals or eurovision fans. this is bbc news, these are our headlines. nhs england says most of the health service trusts affected by the cyber attack are working normally again. the labour leader denies senior members of his party are already admitting defeat in the general election. president trump says he could announce a replace for the sacked fbi directorjames comey by late next week. sport now, let's get a full roundup from the bbc sport centre. ican i can confirm there has been british success on the european stage. english premiership side saracens have sealed back to back rugby champions cup titles, by

we have numbers coming in from italy. this is italy's largest utility company.oming across the bloomberg now. it is at 183 million euros. that is better than the estimate . the revenue number for the first quarter is also beating estimates. this company is seeking to extend outside of europe, where profit margins have been narrowed. we have heard about their expansion plans in mexico. we will watch the open, but let's get the businesses flash. netmarblegame maker jumped in trade, part of south korea's biggest they view in seven years. it has a market value of $12.4 billion. ago --founded 17 years seven years ago, and is a rare entrepreneurial success in a world dominated by conglomerates. even also been responded to buy imposter.er -- by an a shareholder was criticized who had sought to oust staley. the ceo responded with praise, comparing his skills on the guitar to that of eric clapton. anna: fascinating story. let's get back to the reporting season. ebit forecast was adjusted. the german manufacturer posted net sales ahead of expectations. we are joined by th

you'll sticking up a little bit in italy. -- yields taking up a little but in italy before the electiontive territory for italian two-year yield. a little bit of a bump up in italian borrowing costs. dollar index soft for the day. weaker than expected pc inflation data. usual questions raised about outlook for inflation there -- it's a mixed bag for the dollar. weaker -- you can see them in sterling and euros. we did see strength for the end, retail sales,- the best we have seen in two years, year on year. quick look at what's going on a dollar-rand. this is the big mover today. what we saw was -- zima managing to merge -- survive the second attempt in six months tech house tim. relative prospects of some kind of leadership change in the rand -- rand rallied. on the commodities fronts, not a ton of action. oil flipping a little bit. gold selling off of it. big loser natural gas, warm weather in the west, perhaps snuffing out any late-season demands. natural gas down just under five. those are today's market minutes. scarlet: you can find out chart using the fun shouldn't at the bottom o

italy, he was hit by a car whilst training on a bicycle in rimini.ed head and chest injuries which left him in and chest injuries which left him in an extremely critical condition. a statement from hospital said he died on monday afternoon. he was 35. nick pa rrott on monday afternoon. he was 35. nick parrott reporting on the death of nicky hayden. russia's paralympic team have been given a final warning to improve their doping controls or face a ban from the winter games next year. south korea hosts the event next march. the team was banned from the summer games in rio last year after a state—sponsored doping scandal. that ban will continue to pyeongchang unless the russian paralympic committee proves that it has changed its practices by early september. i think the thing is, we have already stated today that we haven't seen sufficient progress for them to be reinstated. therefore, the consequence of that, if they're not reinstated then they won't be in pyeongchang. it is a very, very serious moment, timewise. the british and irish lions head coach,

guest: we can transform italy, we can fix it.ew management in place and that is what we focused on today. manus: let's get to one of the issues here. you have had a review of your own remuneration in terms of your annual bonus. the message to you from the shareholders to the ambassadors and your business? i am thinking about where it hits your own pocket. what is the message? the boardignaled to in january when we announced the problems in italy that i felt it would be an appropriate to take up bonus if one was due and that what you can see in today's announcement. need to be setting an example for everybody across the business. i completely support this decision. manus: have you got. or from your shareholders, how wrinkled are they, give us a sense of the conversations you have had. gavin: shareholders are disappointed in terms of what is happening in italy in particular but they support the strategy. there are a number of things that have gone very well this year. we have now resolved the future in terms of regulation. we have

let italy on the road of becoming poorer. everything is worse in italy.the other countries have done what they're calling internal wishon, bringing back there waged in prices. italy has failed to do so. as a result, very uncompetitive. also, problems with exports. oorer country. you don't a much more to create extreme parties that promise something much better. , thank youe grauwe so much, with the london school of economics. we will continue with sir martin sorrell as well. guy johnson and tom keene in london. today, the data right now is a risk on feel. , 46.56. worldwide, this is bloomberg. ♪ tom: good morning. single best chart. this is apple and the success and the courage to state in apple. guy johnson, what a juggernaut. we saw the report in the british newspapers this morning of a $1 trillion apple, the direction of some analysts. guy: let's bring back and sir martin sorrell. if tim cook is able to repatriate all of the money he has overseas, there is talk teammate i disney. he may by netflix. what media asset do you think he should spend that mon

she now lives in an undisclosed location in northern italy.er parents' whereabouts are also a secret. the alleged rapists are in pre-trial detention, facing prison sentences of up to 20 years. and the residents of melito? many will have to live with a guilty conscience for having looked away. damien: the eight suspects have been arrested, of course, but still, it's incredible that the mafia still has such power in some parts of italy. just imagine, you're a teenager and you go to school, and then suddenly one day you find out that some of your classmates are about to be deported. that's the experience of schoolchildren in the eastern german town of cottbus. that's because german authorities are now deporting migrants whose applications for asylum have been rejected. over the past two years, more than one million refugees and migrants have come to germany. but not all of them are then granted the right to stay. and with parliamentary elections coming up in september, the government here is keen to show voters who are nervous about migration tha

goals, one in each half, to leave monaco with a mountain to climb when they play the second leg in italy's now more than 600 minutes sincejuventus last conceded a goal. translation: i am translation: iam pleased translation: i am pleased with all my players. bouffon has been so strong, always number one, and has been decisive when we played against barcelona. higuain scored two beautiful goals, the first following a beautiful move then he scored the second. translation: i believe thatjuventus we re translation: i believe thatjuventus were stronger, in particular during ten or15 were stronger, in particular during ten or 15 minutes. after that we began to play. we had possession, we played it forward and played in the la st played it forward and played in the last 30 minutes. the difference was effectiveness. they had two or three moves and they scored two goals. in the same situation we were not capable to score. bouffon made two saves. i congratulated my players anyway. they have given a good impression of french football. ajax took a giant stride to the europa cup final in beating lyon

small town in italy, in the mountainous region in northwest italy. only 394 people live there. change that. so the mayor is now offering anyone who wants to come live there, $2,200. >> anybody. $2,200 to live in beautiful town. >> correct. we are still working out the plan. exactly. but he says anyone is welcome to come live here. he says small community, welcoming the high of in the mounta mountain. not far from the sea. healthy lifestyle. the air is very clean. >> looks livable. beautiful scenery there. nice wonderful houses. >> what, give you $2,200? diane? diane? jack? deb? all right. i guess, it was a really, really good idea. we'll continue on. this will bring her back. hopefully. there is this, danish brewery, that is hoping to produce beer with urine in it. urine. you heard me correct. >> whoa! >> barley fertilized with 50,000 liters of urine. from a music festival. the name of the beer, you saw it there, pis-ner. see what they're doing. admit there is no actual human waste in it. but, it won't contain any of that. the whole concept there. >> these guys are still not ba

union pushing for italy to reduce that deficit to stay in line with their rules. one thing he will have to do is show he cares about europe like emanuel macron and wants to be a big part of what he sees with italy's future but without pandering too much to european br bureaucrats. >> what pops up time and time again is the specter of early elections. do you think there's reasonable chance we'll see that happening? >> realistically the process by which that would happen would be quite an awkward one. he would have to say to paul ol gentiloni i will withdraw support of the pd, your own party which put new this position to succeed me to have the president dissolve the parliament. now, there would be political reasons why he might do that. that would do with polls. if he looked like theresa may, if he looked like he was doing well against the five-star movement in terms of likely voters, he might think now is the time to pull the trigger but it's a lot of explain doing from him to show why this is a good time. >> whelm maell wig willlem, tha. >>> hadley gamble spoke w

in italy the youth unemployment rate is 34%.f they don't succeed in doing that, that is going to have an impact on the nfments market. on the italian side, the other big issue are the non-performing loans. we the italian financing minister saying it is exaggerated but the numbers i hear suggests it has risen 6% in 2008 to 18% of all bank loans in 2016, maybe non-performing. and that is a huge number. what it says is that italian banks have to recapitalize the valuation of the loans have to be at more realistic levels because i'm not going to buy italian bank equity if you quote your debt holding at 100% on the euro. so thoth those changes would have to come forward. the question is will they actually -- i'm very optimistic on the italian side that even if you have a leader from a five-star movement in rome next february or march, they don't have much of an option but to go through with the reforms. you have to reach it. hi, vonnie. vonnie: hi. how are you? you mentioned the unemployment rates in france and germany. let's move to

this is one of the largest in italy and it is the essential hub for its national airline.layed airports in the world. so you're probably going to find yourself with a bit of time in your hands. i've decided to make it a bit more interesting and set myself a challenge to see rome in under six hours. there are a number of stopover tours available here, and it's big business. italy's largest airport is busy, and around a0 million passengers a year pass through it, usually on their way to somewhere else. hello! how are you? nice to meet you. bongiorno. where are we going first? i've chosen a bespoke tour and specifically requested five sites to visit during my whistlestop tour. i want to see the colosseum, the circus maximus, the palatine hill, the mouth of truth, and of course the trevi fountain. that's a lot of stuff to see in a short time, yeah. can we do it? yeah. let's go. the tourists are mainly on foot, and then on the bus. there is a technique. there is a lot of ground to cover and quite a bit to take in. that is impressive. plus, you're really relying on the buses and

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do andknow what we would we would see opportunity in italy because we have always had italy as an importantnd it remains so. we will take advantage of their opportunities. as a result of alitalia taking acid he out. they will inevitably have to reduce capacity and probably focus on long-haul flying. italyking italians out of long-haul. i think it is the short-haul were there will be opportunities. very much for sharing your time with us this morning. the easyjet ceo, after the numbers this morning. the stock trading a little softer. caroline mccaul saying the market expected what it got. this news on singapore is fascinating. matt: that's right. a ruling out of the eu's top court that eu nations and regional parliaments need to sign off on a singapore-eu trade deal. thatsa may has been hoping the eu would be able to ratify the free-trade pact with singapore without all of these different parliaments signing off, judges at the eu court of justice have said they do need to undergo -- a torturous --cess what some have called 38 different regional assemblies, in order to an -- indoors this deal

he's going to brussels and to italy. we have a facially substantial contingent of american forces who operate from italy. a lot of air force assets operate from italy in order to support our operations in the middle east. but what really has to happen is there needs on to be a reset with nato, as well. there's been an attempt to do that since he took office, but remember during the campaign, trump talked at some great length about how irrelevant nato was and now, in an environment in which you've had brexit on the one hand, a threat from the right in france which failed on the other, but populist notions about how irrelevant international relationships are in mutual defense, it really is important that the president go to places like brussels and italy, maybe later on to great britain and other nato allies to reinforce the notion that talk about the irrelevance of nato was just that, its was talk to get elected and to lay out the notion that mutual defense in a very difficult environment is absolutely essential if we're

former mot02 champion nicky hayden has died following a cycle crash in italy. but we start with news of david moyes departure as sunderland manager. his resignation today follows the club's relegation from the premier league. yesterday's 5—1 defeat to chelsea at stamford bridge his last in charge. but the end of their ten year stay in the top flight their ten year stay in the top flight was confirmed when they lost to bournemouth last month. short statement from sunderland confirming that david moyes has resigned. he has not taken compensation, something say that sunderland is testament to his character. david moyes has said in the statement, thanking sunderland and saying he wishes the players and his successof saying he wishes the players and his successor all the very best in their effo rts successor all the very best in their efforts towards promotion next season efforts towards promotion next season but it will not be david moyes who is leading that effort, it will be a new manager. perhaps we should not be surprised, david moyes himself said that his side

>> it's not bad and good afternoon from italy. our closest economic and military allies with the president -- he believes and is in america's economic interest. the president saying that germany is bad, very bad. his chief economic advisor explaining more about the president was talking about when he said those words, saying he doesn't have a problem with germany. in fact, his father came from germany. when he has a problem with is germany's trade policy. if you look at the relationship between united states and germany, it's 106 to 4 billion in trade. there is a $65 billion deficit that the united states. it's all about economics and trade in the president trying to broaden that out to terrorism and security, speaking with japan's prime minister commission sue abe >> it's great to have prime minister abe, a friend of mine. will be discussing many things. we will be discussing terrorism, i think we will be focusing on the north korean problem. it's a big problem, it's a world problem, and it will be solved. >> the president, also

the anti—discrimination organisiation kick it out want players in italy's serie a to boycott matchesully muntari's sending off last week playing for pescara. the former portsmouth midfielder was booked after complaining to the referee about racist abuse from a small section of cagliari fans and he was booked again after walking off the pitch in protest and he will be suspended for one match. garth crooks, a trustee for kick it out, and says the football authorities reaction has been gutless. no action has been taken against cagliari because of the small number of fans involved. we have contacted way and explained the situation, they acknowledge this is completely unacceptable. the issueis is completely unacceptable. the issue is what can o that i do about it. they are the european governing body but they claim the game was not in theirjurisdiction. we don't think that is right. what i find alarming is not only way are not getting involved here but fifa seem to be sitting on their hands. meanwhile, a player who has complained to the referee which he is entitled to do about abuse comin

president trump tweeted out this photo thanking italy's president for hosting him and melania in italy. >> more arrests days after the terror attack on the manchester arena. this is a memorial as it continues to grow and grow. abc7 news reporter molly hunter has the latest. >> reporter: this morning secretary of state rex tillerson meeting with british foreign secretary boris johnson. >> all across america hearts are broken. and i know that we share that grief with the rest of the world as well. >> reporter: vowing to drive out the extremists. >> every priest, every reverend, and every church, every rabbi in every temple, every imam in every mosque, must condemn the souls of those who carried out these attacks. >> reporter: with security in the u.k. still at its highest level, armed troops hit the streets and now guard the trains. in manchester and beyond, the hunt is on for salman abet i's accomplices. early morning raids here, one at a pizza parlor police, say eight total people in custody, but the bomb maker may be still on the loose. and new clues about abedi. he crisscrossed europ

president trump wrapped up his first round of g-7 meetings in italy. he's be negotiating on terrorism, trade, climate change and more. the president was meeting with heads of state from britain, france, japan and other g-7 countries on the beautiful island of sicily in south italy. he held the talks with nato meetings in brussels. the president tweeting this "just arrived in italy for the g-7 trip. has been very successful. he saved the billions billions of dollars and millions of jobs." the latest leg of the president's first foreign tour. the g-7 used to be the g-8 but they did kick out russia after they invaded crimea in 2014. john roberts is live in sicily and has the very latest. john, a top white house official speaking about the u.s. financial sanctions against russia. an important point considering the ongoing investigations here at home. >> very important point. particularly since russia is a big deal to the g-7 countries. they talked about it today and will talk tomorrow. yesterday, gary cohn, the president's chief economic adviser raised a f

day of meetings in italy at the g-7 gathering of the world's most powerful economic officials. i asked him how he planned to explain president trump's controversial america first trade policy. here is what he said. >> we're excited about u.s. trade policies. and i think you probably saw last night we made an announcement of 100-day economic plan with the chinese. i think we're very happy with how we're proceeding. >> reporter: that agreement increases market access for u.s. beef producers in china and also allows more chicken from china into the u.s. u.s. ratings agencies and credit card companies are hoping to do more business in that country as well. now, treasury secretary steven man futunuchin was pressed for timeline for tax reform in the united states. the italian minister is encouraged. >> i understand there is a very ambitious tax reform program in the united states, and we're watching closely what is good for the united states and what would be learned by other countries about tax reform. >> reporter: mnuchin flashed us a thumbs up. he had one-to-one discussions with f

hello from italy! he sings in italian. do you think italy could win tonight? we have a chance. like eurovision? eurovision is magical, it is amazing, here there are so many different cultures and it is friendship, and especially this year we really celebrate diversity. good luck. italy is one of the favourites tonight, but also portugal. hello. they are a quiet, modest lot here! do you think you're going to win? yes. absolutely. what does eurovision mean to people in portugal, how popular is it? note is very popular. salvador conquered portugal. notjust portugal, ithink the whole world. the united kingdom has not won for 20 years, people in oui’ has not won for 20 years, people in our country like to make jokes about eurovision, do people in portugal ta ke eurovision, do people in portugal take more seriously? not before, but now we have the portuguese national team, we have benfica, several people supporting the salvador and sending messages, so you can imagine what is happening in portugal. it is very big. interesting. we wish you good luck. not too much luck because of cours

france, italy and japan have bases here. in all, djibouti collects about $150 million a year in rent. now, add china to the list. to protect its economic interests in the region, china is building its first overseas military base here, on track to be completed this year. that's a chinese navy frigate in djibouti's harbor. the chinese base will be just seven miles north of where the americans are. djibouti's foreign minister admits that proximity startled some people. >> some friends came to tell us, you know, there might be conflicting interests between china and the united states and other countries. but we responded quickly, saying that our motivation is mainly to assist and help friendly countries to protect their interests. >> reporter: china will pay djibouti $100 million annually to use the property. from the air, you can see a jetty, helicopter pad, at least 20 large buildings on a 90-acre plot. there are rumors on the street and in diplomatic circles that eventually as many as 10,000 chinese soldiers will be deployed

otherwise, the law that legalised abortion in italy. being applied.k of reaching the champions league final after winning the semi—final first leg away to monaco two nil. gonzalo higuain scored both of juvey‘s goals, one in each half to leave monaco with a mountain to climb when they play the second leg in italy next week. it's now more than 600 minutes sincejuventus last conceded a goal. ajax took a giant stride to the europa cup final in beating lyon 4—1 in their semi —final first leg in amsterdam. on—loan chelsea striker bertrand traore scored two of ajax‘s four goals. the emphatic win moved the dutch club to the brink of a first european final in 21 years. better injury news for manchester united ahead of thursday's europa league semi—final against celta vigo. they welcomed four players back to training today before flying off to spain. paul pogba, who has missed the last two games with muscle fatigue, took part, while defenders eric bailly, chris smalling and philjones are also back in contention for selection for the first leg. i think it is a b