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Aug 16, 2018
08/18
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italy, we have not talked a lot about italy. italy a turkey-like story. political problems there debt issues there as well. do not be surprised if italy continues to be on the market's radar like it is today they also had a holiday in italy. so no trading. but a story to watch i think it's ae sscension day i italy. >>> your number to watch today
italy, we have not talked a lot about italy. italy a turkey-like story. political problems there debt issues there as well. do not be surprised if italy continues to be on the market's radar like it is today they also had a holiday in italy. so no trading. but a story to watch i think it's ae sscension day i italy. >>> your number to watch today
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Aug 17, 2018
08/18
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ALJAZ
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thank you it is that that issue in italy. well obviously it is a now nothing eighty's or in this case because that investigation a story but in that battle we know anything is known that the the state highway agency for a long time for that has been the one of the. big where owsa where where store the just their relatives out of relatives of politicians and everything just employed over there so it has been a huge nest of a corruption but also when you see that the there are other such profits such incomings and there is not at the same time i'm talking a situation now where these same a balance proportional level of investment for them and then is now the things it is obvious that something is not going in that i twenty yeah and i think you have something to say. well i mean there are various things that come to mind here yes there's always been rumors of you know your involvement in construction and we should be we can i mean i don't know for sure but i imagine it happens but if there were substandard materials in the origi
thank you it is that that issue in italy. well obviously it is a now nothing eighty's or in this case because that investigation a story but in that battle we know anything is known that the the state highway agency for a long time for that has been the one of the. big where owsa where where store the just their relatives out of relatives of politicians and everything just employed over there so it has been a huge nest of a corruption but also when you see that the there are other such profits...
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Aug 20, 2018
08/18
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BLOOMBERG
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will italy bailout?ll get that bad and i do not think we will see a crisis in italy. it is likely the europeans will accept the budget plans at the first go. we will have some back-and-forth. guy: what is the worst case scenario? in italy, a situation in which the budget is unrealistic, and foreign costs are increasing. you start having a sustainable debt dynamic. things can escalate quickly. guy: can i draw a line from greece and those we can apply to italy? >> you have a high debt level, you need a clear credible fiscal consultation plan which italy does not have. you need to address structural rigid to the. the structure of ,he greek and italian economies both economies have low potential growth. the main problem is not the debt, it is the low growth. greece should be an example of it what to of -- of things to avoid. francine: we will talk about greece later on. is thelook at greece, it only crisis country which is not having gdp fueled by exports. we saw that with ireland, spain, greece is not doing
will italy bailout?ll get that bad and i do not think we will see a crisis in italy. it is likely the europeans will accept the budget plans at the first go. we will have some back-and-forth. guy: what is the worst case scenario? in italy, a situation in which the budget is unrealistic, and foreign costs are increasing. you start having a sustainable debt dynamic. things can escalate quickly. guy: can i draw a line from greece and those we can apply to italy? >> you have a high debt...
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Aug 31, 2018
08/18
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BLOOMBERG
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the eyes are all on italy.ome is into our in europe, let's start with you are we are bondsng on the fact that have climbed to the highest and about twice 14. and the gap between booms and italian yields. --e climbed to the site this to the highest since 2013 p or gwen is going on? what is the fear with italy? iain: i think there's a couple of things going on. you have this general risk off -- thatt that is going is starting with emerging markets and it is feeding its way into asset classes. that is the first thing. second, there is a liquidity premium for a telling government bonds. you can't trade the size we were looking at earlier in the year. the most important of all, people are looking into september and looking at what the announcement will be around the fiscal side and how much additional spending the italians want to get out there. what is interesting is we are back to levels but you mentioned, the highest we have seen for a while. in april,ere we were may time when we got these concerns regarding ital
the eyes are all on italy.ome is into our in europe, let's start with you are we are bondsng on the fact that have climbed to the highest and about twice 14. and the gap between booms and italian yields. --e climbed to the site this to the highest since 2013 p or gwen is going on? what is the fear with italy? iain: i think there's a couple of things going on. you have this general risk off -- thatt that is going is starting with emerging markets and it is feeding its way into asset classes....
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is pushing day and night he wants to completely close off italy's from the italy from the arrival of all and any migrants and that includes emissions of so it's a important political symbol for italy however other e.u. countries likely to respond to at least request. the problem is that so far they have not found any volunteers. neither the french government nor the spanish has said ok wheels sort of take over from italy because the rules so far of course have been and that's the also rule rules of international law that the harvest that are closed and that is in case it should leave mostly sicily in this case to the libyan coast i suppose to take in those vessels that come was rescued people on board however italy now really wants to use force there is blackmail in the room italy is threatening to not to agree to the next e.u. budget to not pay its fees to the european union and so on and so forth which is for the whole he's doing the atmosphere at the moment there seems to be not really a way out however if they don't find a solution emissions of more or less is at its end barrino
is pushing day and night he wants to completely close off italy's from the italy from the arrival of all and any migrants and that includes emissions of so it's a important political symbol for italy however other e.u. countries likely to respond to at least request. the problem is that so far they have not found any volunteers. neither the french government nor the spanish has said ok wheels sort of take over from italy because the rules so far of course have been and that's the also rule...
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Aug 31, 2018
08/18
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BLOOMBERG
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the market was so complacent about italy. the market has been extremely nervous about italy.of the recent comments we have had, they have said, we to't really want the debt take the gdp higher. the markets putting pressure on italy here. they will have to come up with a budget that does not entirely breach all the eu rules. given what is priced in, i would say maybe positive news a run -- news around italy is expected. but it is uncertain. michael: the spread on italy, looking at the chart, almost 300 , it looks pretty cheap. the spread curve is relatively flat. it is flattening today. the front end is selling off more. similar to argentina. inverted type spread curves. short italy. it seems attractive on a relative basis. the bond market -- lisa: to be clear, short-term debt of italy, not trying to short italian debt. got it. michael: i don't think they will go bankrupt in the next four years as a country. they have been around a long time. lisa: timestamp. i don't think they will go bankrupt. you are adding on the short end. michael: yes. lisa: you have been actively maneuv
the market was so complacent about italy. the market has been extremely nervous about italy.of the recent comments we have had, they have said, we to't really want the debt take the gdp higher. the markets putting pressure on italy here. they will have to come up with a budget that does not entirely breach all the eu rules. given what is priced in, i would say maybe positive news a run -- news around italy is expected. but it is uncertain. michael: the spread on italy, looking at the chart,...
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now here in europe italy's economy minister is warning that the country could next year smash through the debt ceiling set by the european union e.u. law demands that a new borrowing does not exceed three percent of a country's and the old g.d.p. now the euro zone's third largest economy already sits on a huge mountain of debt however italy's populist government has plans to boost spending on social programs while slashing taxes media reports say the government is hoping for china and the united states to start buying italian bonds. now for some more insight i'm joined by mark as well in the studio is a senior economist from the university of gallon in switzerland marcus good to have you on the program italy has a massive debt issue the country's government is a logger heads with much of europe but many of you institutions are china the u.s. and possibly russia suitable partners to help italy with its debt problem well let's go beyond the question whether that's a good investment strategy to all but if you as you mentioned these three countries there are three different players i mean
now here in europe italy's economy minister is warning that the country could next year smash through the debt ceiling set by the european union e.u. law demands that a new borrowing does not exceed three percent of a country's and the old g.d.p. now the euro zone's third largest economy already sits on a huge mountain of debt however italy's populist government has plans to boost spending on social programs while slashing taxes media reports say the government is hoping for china and the...
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Aug 17, 2018
08/18
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and we had a mini crisis in italy.ne: how worried do we need to be about turkey and the potential effects it could have on the italian markets and the italian economy? >> the contagion risk from turkey to italy are relatively small. italian banks have smaller disclosure to turkish banks and to the turkish market. however, the sentiment, the lack of trust in emerging markets is likely not going to help if we see another budget crisis in italy. it might reinforce the market reaction to such a budget crisis. shery: all of these worries just got accentuated because of everything that is happening in turkey. very difficult position turkey is in right now. if you cut spending, then you reduce economic growth, and then more currency devaluation. how do you get away from this move? >> well, we know for the past emerging-market debt crisis in the 1990's and 2000, the best way out of this loop is to hike interest rates are medically and, if that is not sufficient to stop the devaluation of your own currency, ask for a loan. the
and we had a mini crisis in italy.ne: how worried do we need to be about turkey and the potential effects it could have on the italian markets and the italian economy? >> the contagion risk from turkey to italy are relatively small. italian banks have smaller disclosure to turkish banks and to the turkish market. however, the sentiment, the lack of trust in emerging markets is likely not going to help if we see another budget crisis in italy. it might reinforce the market reaction to such...
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edu commission would then see you italy before the european court of justice because italy's legally obliged to pay its fees it's like in a private tennis club if you want to use the court you have to pay your fees and by the way the numbers three g. ma is using are wrong italy's not giving twenty billion to the e.u. every year but only three point five billion in payments that is just a quick check on the populists put it in. so where are we that idea that the who has been kicking around this this whole notion of migration policy since two thousand and fifteen and apparently getting nowhere now they can even deal with one hundred one hundred twenty migrants sat on their doorsteps where is a you policy now in this with the moderation policy lies and chambres there is no common policy anymore when it comes to migrants that arrive in italy it's only a case by case or both by boat management if you will the e.u. needs urgent plea a long term strategy but it's no inside through the ra is escalating and there's no sort of verity and even italy's asking its fellow rightwing populace govern
edu commission would then see you italy before the european court of justice because italy's legally obliged to pay its fees it's like in a private tennis club if you want to use the court you have to pay your fees and by the way the numbers three g. ma is using are wrong italy's not giving twenty billion to the e.u. every year but only three point five billion in payments that is just a quick check on the populists put it in. so where are we that idea that the who has been kicking around this...
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Aug 13, 2018
08/18
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BLOOMBERG
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politically, what does this do to the populist edition in italy? -- position in italy?right now, the position remains of the same. they will go forward with their program. they are going to outline their budget next month and they will take it to the european union by the middle of october. the question is whether the crisis and concerns about domestic matters in italy will affect things. of the move in yields is down to concerns about the budget process? say it isow, i would some of both of them. the domestic issues of the budget process and this matter in turkey as everybody concern, especially the possibility of contagion spilling over into italy and other countries. mark: where are we when it comes to the budget process? the big, heavy lifting happens in september. talk us through the calendar from now through the end of the year. how many hurdles does this government have to overcome? >> first, they have to things out among themselves. everybody went on vacation. they will regroup in september. all of the targets and matters to be addressed have to be done by the e
politically, what does this do to the populist edition in italy? -- position in italy?right now, the position remains of the same. they will go forward with their program. they are going to outline their budget next month and they will take it to the european union by the middle of october. the question is whether the crisis and concerns about domestic matters in italy will affect things. of the move in yields is down to concerns about the budget process? say it isow, i would some of both of...
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Aug 24, 2018
08/18
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BLOOMBERG
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the pressure is on italy. it's on italy.it impacts other more vulnerable countries like spain, that you start to think about redenomination risk. jonathan: the ecb has not finished qe, yet we have concerns about ept. matt: one of the focused areas will be through the summer commitment on interest rates. how can we talk about raising interest rates or even ending qe when you have these things happening in europe? people will give italy the benefit of the doubt for now. clearly spreads have widened, but next year it will be very interesting will be talk about ecb policy, how that will that is the situation. jonathan: the reports coming from germany that chancellor angela merkel is pushing for the top spot of the european commission to be filled with a german. i'm sure there are some bulls happy with the situation. matt hornbach, great to have you with us. subadra rajappa and rob waldner. a market check for you. let's bring that up for you. 10-year yields down by four basis points. two-year grinding higher by a single basis poi
the pressure is on italy. it's on italy.it impacts other more vulnerable countries like spain, that you start to think about redenomination risk. jonathan: the ecb has not finished qe, yet we have concerns about ept. matt: one of the focused areas will be through the summer commitment on interest rates. how can we talk about raising interest rates or even ending qe when you have these things happening in europe? people will give italy the benefit of the doubt for now. clearly spreads have...
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this is deja vu news live from berlin italy's populist government issues a new demand over migrants rome says the e.u. must change the rules on sea rescues or europe's mediterranean vision is at risk of collapse. also coming out of the east german city of chemist's braces for more demonstrations as far right nationalist to gear up for another protest. bobby wine the ugandan pop musician turned opposition politician says he was tortured in prison we have a closer look at the man and his fight to take on the country's political elite. i'm sumi so much kind of good to have you with us italy is stepping up pressure on its european partners to take more migrants rescued at sea italy's defense minister elisabetta tried to announce that she will ask fellow e.u. defense ministers to rotate the ports that migrants disembarked at calling on other countries to share the load that used joint naval mission in the mediterranean operations of fionn was created to target people smuggling but as rescue thousands of people since its launch in two thousand and fifteen under the current rules operation soph
this is deja vu news live from berlin italy's populist government issues a new demand over migrants rome says the e.u. must change the rules on sea rescues or europe's mediterranean vision is at risk of collapse. also coming out of the east german city of chemist's braces for more demonstrations as far right nationalist to gear up for another protest. bobby wine the ugandan pop musician turned opposition politician says he was tortured in prison we have a closer look at the man and his fight to...
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Aug 10, 2018
08/18
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CSPAN3
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one of her major assignments in italy was to resolve the crisis between italy and yugoslavia over the port of trieste. clare's role in resolving that crisis was not widely known beyond high-ranking diplomatic circles at the time. but her insight and her guidance and her back-channel work were key. next door to italy, was at the time, communist yugoslavia. and at the end of the war, this little port everybody wanted, had been granted jointly to the u.s., to great britain and to yugoslavia. and the yugoslavs, tito was adamant he was going to take it over. clare, using her skills, found out that they were hungry in yugoslavia. and she discovered that half a million tons of wheat secretly given to yugoslavia was the key. there were other things she did, too, but that's my favorite part. the negotiations over many months made possible the final trieste agreement between yugoslavia and italy. it endeared her between the united states and the italian people and established her credentials within the diplomatic corps as well. while she was in italy she faced something far more dangerous than
one of her major assignments in italy was to resolve the crisis between italy and yugoslavia over the port of trieste. clare's role in resolving that crisis was not widely known beyond high-ranking diplomatic circles at the time. but her insight and her guidance and her back-channel work were key. next door to italy, was at the time, communist yugoslavia. and at the end of the war, this little port everybody wanted, had been granted jointly to the u.s., to great britain and to yugoslavia. and...
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Aug 15, 2018
08/18
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BBCNEWS
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these problems in italy are not unique in recent yea rs, problems in italy are not unique in recent yearsome sting, because the populist government, 5—star and power at the moment in the italy, anti—eu? power at the moment in the italy, anti-eu? these comments come from the head of the league in italy. and they're saying that the european limits on spending money, they say they are democrats —— have stopped spending money on schools and moderates. but luigi demeo what's the blame very much on the companies who didn't carry out the maintenance. 0n who didn't carry out the maintenance. on one hand, if the company's filed, then there's brothel's fall. they're also checking the media, saying that the reason this company was not investigated by press was because of an italian family have stakes on italian newspapers. they are throwing blame everywhere, and some would say it is unseemly. as we don't know why, especially, as we don't know why, especially, as we don't know why came down in the first place. obsolete unbelievable, but as you were saying, david, this is not a news thing,
these problems in italy are not unique in recent yea rs, problems in italy are not unique in recent yearsome sting, because the populist government, 5—star and power at the moment in the italy, anti—eu? power at the moment in the italy, anti-eu? these comments come from the head of the league in italy. and they're saying that the european limits on spending money, they say they are democrats —— have stopped spending money on schools and moderates. but luigi demeo what's the blame very...
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president trump also reportedly said washington would help italy by buying its bonds. and for some more insight i'm joined by mark as well in the studio is a senior economist from the university of gallon in switzerland marcus good to have you on the program italy has a massive debt issue the country's government is at loggerheads with much of europe with many of the e.u. institutions are china the u.s. and possibly russia suitable partners to help italy with its debt problem well let's go beyond the question whether that's a good investment strategy to all but if you as you mentioned these three countries there's three different places i mean the u.s. i think is just. disease the rhetoric stupid to trump tweets again him and he can't buy you tell you interest what does he want to take you know u.s. taxpayers money he could order the fed so that's that's the nonsense tweet china and russia on the other hand of course other players because they could order their central banks to buy interest and they would obviously find the find an inroad into the european union divide
president trump also reportedly said washington would help italy by buying its bonds. and for some more insight i'm joined by mark as well in the studio is a senior economist from the university of gallon in switzerland marcus good to have you on the program italy has a massive debt issue the country's government is at loggerheads with much of europe with many of the e.u. institutions are china the u.s. and possibly russia suitable partners to help italy with its debt problem well let's go...
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Aug 16, 2018
08/18
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BLOOMBERG
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is that fish italy?untram: i think of brexit is a big issue for brussels, and it should be a bigger issue now after the increase in tensions with the u.s.. juncker easedat but of the trade tensions, the u.k. as a market is almost as important as the united states as an export market for the european union. , a no deal brexit would be a disaster for the u.k.. it would also be a bad scenario for europe on many dimensions, including the eu budget. day, it isof the time for brussels to come to some compromise and think about what we can do. ultimately, to negotiate and move towards the u.k., while the u.k. needs to move a couple of hundred meters or miles. francine: do you think of the eu has struck a deal on how to handle refugees in a way that will be sustainable? and is that the biggest question facing europe at the moment? i mean, look, the rest issue is thegee most divisive issue we are facing. refugee numbers have come down quite a bit. much lower than they were last year or in 2015, even. so the issue
is that fish italy?untram: i think of brexit is a big issue for brussels, and it should be a bigger issue now after the increase in tensions with the u.s.. juncker easedat but of the trade tensions, the u.k. as a market is almost as important as the united states as an export market for the european union. , a no deal brexit would be a disaster for the u.k.. it would also be a bad scenario for europe on many dimensions, including the eu budget. day, it isof the time for brussels to come to some...
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Aug 17, 2018
08/18
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CNBC
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maybe not as bad as some countries south of italy, but we are hopeful.whole business world in poland is hopeful the recent reforms will speed up the pace so that's reforms rather than a lack of independence >> that is the intention >> thank you very much appreciate your time this morning. >>> tesla has been in the news recently the securities and exchange commission is reportedly investigating whether the manufacturer of cars misled invei investors about its model p production problems. several media outlets say several directors were subpoenaed after the tweet about taking the company private last week reports say investigations had already begun before that. tesla has struggled to meet production deadlines for its model 3 sedans and a former tesla employee filed a complaint with the s.e.c. accusing the company of spying on employees and failing to act upon information that a mexican cartel could be dealing drugs in its giga factory. tesla said it investigated the claims saying that some are quote outright false, while others could not be corroborated t
maybe not as bad as some countries south of italy, but we are hopeful.whole business world in poland is hopeful the recent reforms will speed up the pace so that's reforms rather than a lack of independence >> that is the intention >> thank you very much appreciate your time this morning. >>> tesla has been in the news recently the securities and exchange commission is reportedly investigating whether the manufacturer of cars misled invei investors about its model p...
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Aug 24, 2018
08/18
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LINKTV
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commission with an sue italy before the european court off j justice because italy is legally obliged to pay it fees. it is like in a tennis club, if you want to use the court, you have to pay your fees. by the way, the numbers de mai a is using are wrong, italy is not giving 20 billion but only 3.5 billion in net payment. that's a quick fact check on the populist politician. host: so, where we are -- where are we then? the e.u. has been kicking around this notion of migrants, now they cannot deal with 120 migrants sat on their doorsteps. where is the e.u. policy on this? berne: there is no common policy anymore when it comes to migrants that arrive in italy, it is a case-by-case, boat by boat management, if you will. the e.u. needs urgently a long-term strategy. it's escalating and there is no solidarity in italy is asking its fellow right wing populist government and hungry to take some of the migrants but the answer was no. host: thank you. zimbabwe's top court has upheld president mnangagwa's narrow victory in last months election. the ruling dismissed opposition allegations of vo
commission with an sue italy before the european court off j justice because italy is legally obliged to pay it fees. it is like in a tennis club, if you want to use the court, you have to pay your fees. by the way, the numbers de mai a is using are wrong, italy is not giving 20 billion but only 3.5 billion in net payment. that's a quick fact check on the populist politician. host: so, where we are -- where are we then? the e.u. has been kicking around this notion of migrants, now they cannot...
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Aug 16, 2018
08/18
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CNBC
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italy, we have not talked a lot about italy. italy a turkey-like story.olitical problems there debt issues there as well. do not be surprised if italy continues to be on the market's radar like it is today they also had a holiday in italy. so no trading. but a story to watch i think it's ae sscension day i italy. >>> your number to watch today is china the shanghai index down again today. closing down 0.6%. hong kong down as well consider this, the shanghai index composed of the biggest companies in domestic china is at a four-year low four years of gains have been wiped out. let's get more on the asia trade as well as big news from china that is helping the u.s. market look good at this hour let's get now to our own nancy hungerford live in our singapore newsroom with more >> hi, brian i wish i could bring you better news it was still a down day for asian markets. i will say it could have been worse. the news you've been talking about, that beijing is ready to send a trade delegation to washington, the fact their vice commerce minister is headed to washi
italy, we have not talked a lot about italy. italy a turkey-like story.olitical problems there debt issues there as well. do not be surprised if italy continues to be on the market's radar like it is today they also had a holiday in italy. so no trading. but a story to watch i think it's ae sscension day i italy. >>> your number to watch today is china the shanghai index down again today. closing down 0.6%. hong kong down as well consider this, the shanghai index composed of the...
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ma is using a wrong italy's not giving twenty billion to the e.u. every year but only three point five billion in payments that is just a quick check on the populists put it to. where all with that idea that the who has been kicking around this this whole notion of migration policy since two thousand and fifteen and apparently getting nowhere now they can even deal with one hundred one hundred twenty migrants sat on their doorsteps where is a you policy now in this for the moderation policy lies in chandos there is no common policy anymore when it comes to migrants that arrive in italy it's only a case by case or both by boat management if you will the e.u. needs urgent plea a long term study that it inside through the role is escalating and there's no sort of verity and even if it leads us going it's fellow right wing populist government in hungary to take some of the margins but the answer from budapest today was no burying it in brussels thank you. hundreds of firefighters here in germany are battling an unprecedented blaze near the capital wildf
ma is using a wrong italy's not giving twenty billion to the e.u. every year but only three point five billion in payments that is just a quick check on the populists put it to. where all with that idea that the who has been kicking around this this whole notion of migration policy since two thousand and fifteen and apparently getting nowhere now they can even deal with one hundred one hundred twenty migrants sat on their doorsteps where is a you policy now in this for the moderation policy...
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Aug 14, 2018
08/18
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BBCNEWS
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to italy.ted by this, obviously. a lot of talk about not enough maintenance of this bridge, perhaps cuts in public spending, perhaps cuts in public spending, perhaps leaving structures across italy crumbling and without the kind of work done to them to make sure that they are safe. yes, here in the afternoon, the prime minister of italy and the authorities of genoa said that they are really sorry for those who were injured and those who died, they have been engaging the staff and the police and everybody wa nts to staff and the police and everybody wants to understand how this tragedy could have been avoided. now the magistrates are opening, i do not know how to say in english, they are trying to understand through the legal acts have this happen. somebody who does the works says the people had been working all year long and a lot of people are saying this tragedy, that somebody showed them a photo of the bridge before them a photo of the bridge before the collapse and we could see that the col
to italy.ted by this, obviously. a lot of talk about not enough maintenance of this bridge, perhaps cuts in public spending, perhaps cuts in public spending, perhaps leaving structures across italy crumbling and without the kind of work done to them to make sure that they are safe. yes, here in the afternoon, the prime minister of italy and the authorities of genoa said that they are really sorry for those who were injured and those who died, they have been engaging the staff and the police and...
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Aug 14, 2018
08/18
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BBCNEWS
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we are italy is battling its owi'i years.ary —— budget restraints, having its own monetary problems and this clearly seems to be the impact, to tragic impact on the ground. that allegation has been made quite a lot. italy's crumbling infrastructure is the result of financial problems over the last few yea rs financial problems over the last few years meaning vital pieces at the infrastructure not being tapped or at including bridges. which is actually quite terrifying and i feel like if i was in italy, i was an italian i would want there to be some sort of review of every single piece of infrastructure in my country, which divide between not going to happen. you would hope that in the same way that results tragedy prompted us to look at —— the g re nfell tower prompted us to look at —— the grenfell tower tragedy prompted us to look at our country, to ensure it never happens again and that was reviews of all the cladding on tower blocks, will we see the similar response in italy? are they going to now go through all the bridge
we are italy is battling its owi'i years.ary —— budget restraints, having its own monetary problems and this clearly seems to be the impact, to tragic impact on the ground. that allegation has been made quite a lot. italy's crumbling infrastructure is the result of financial problems over the last few yea rs financial problems over the last few years meaning vital pieces at the infrastructure not being tapped or at including bridges. which is actually quite terrifying and i feel like if i...
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what the politicians know about the conditions in spain and italy. where the e.u. parliament and strasburg not in harlem is a delegate from the green party and in agriculturalist himself. we show him footage of our search this is the form with what's taking place here is a modern day slavery and if we don't go to africa anymore to exploit the people over there we exploit them here now. martin was laying on other colleagues have voiced harsh criticism towards the european commission they want to increase inspections in spain and italy and lower subsidies we confront the e.u. agriculture commissioner phil hogan. i have to put this book to everybody there's no answer. but isn't opium first least what they've been turning a blind eye to this problem because they're afraid to take it up with the local authorities or member countries who are of course profiting from this boom lots of . traders profiting as well but when asked the supermarket chains don't consider themselves responsible they refer us to local authorities and spectrums and certifications. and how it can se
what the politicians know about the conditions in spain and italy. where the e.u. parliament and strasburg not in harlem is a delegate from the green party and in agriculturalist himself. we show him footage of our search this is the form with what's taking place here is a modern day slavery and if we don't go to africa anymore to exploit the people over there we exploit them here now. martin was laying on other colleagues have voiced harsh criticism towards the european commission they want to...
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Aug 9, 2018
08/18
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thi -- italy.s is bloomberg. ♪ matt: 30 minutes into the trading day, your top headlines off the terminal. italy's deputy prime minister says he will play hardball to push through his budget plans. italian bond yields spiked. the ruble sinks to its lowest level since november 2016 after the u.s. announces sanctions, and the lira hits a record low. the new zealand dollar also declines. china's stocks are surging as european shares fall. stocks bounced in the world's second-largest economy, shaking off beijing's decision to match american tariffs on $16 billion of imports. europe heading down, but not a huge drop. welcome to "bloomberg markets: the european open." matt miller at bloomberg european headquarters in london. guy johnson is off this week. let's see how things are shaping up as far as individual stocks. we talked about adidas getting a world cup bump, the stock of almost 9%. pandora getting a boost as the ceo says he will step down after missing sales and profitability targets. the stock n
thi -- italy.s is bloomberg. ♪ matt: 30 minutes into the trading day, your top headlines off the terminal. italy's deputy prime minister says he will play hardball to push through his budget plans. italian bond yields spiked. the ruble sinks to its lowest level since november 2016 after the u.s. announces sanctions, and the lira hits a record low. the new zealand dollar also declines. china's stocks are surging as european shares fall. stocks bounced in the world's second-largest economy,...
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Aug 12, 2018
08/18
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italy's honor had been violated.tration, mussolini moved the whole might of his army through the suez canal to overrun the undefended country. ethiopia's emperor of people before the league of nations. ethiopian] narrator: "i must still fight on until my tardy allies appear, and if they never come, i say to you without bitterness, the west will perish." members of the league half-heartedly stopped trading with italy, but refused the only thing that will stop any aggressor, force. ethiopia was left to herself. native leaders came to pledge their allegiance. the people of ethiopia, with their spears and bare hands, faced the guns and the tanks of the invaders, fighting desperately and gallantly to save their country from conquest. they fought, and they died. but in the end, there could be but one result, might triumphed. italy conquered ethiopia. many of our elected leaders warned us of danger. franklin roosevelt: without a declaration of war and without warning or justification of any kind, civilians, including vast n
italy's honor had been violated.tration, mussolini moved the whole might of his army through the suez canal to overrun the undefended country. ethiopia's emperor of people before the league of nations. ethiopian] narrator: "i must still fight on until my tardy allies appear, and if they never come, i say to you without bitterness, the west will perish." members of the league half-heartedly stopped trading with italy, but refused the only thing that will stop any aggressor, force....
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italy here is pushing the ball back to other e.u. countries how are they likely to respond to this request. a solution has been desperately sought for a weeks now a behind the scenes in brussels the ambassadors of the e.u. and the defense specialists have been sitting down and saying what can we do however other countries say that italy is being totally obstructive and really wants to completely end these sophia mission it's of these goal is and that's what the other countries say to completely push on the responsibility for a sea rescue on to libya libya is already getting help from the e.u. to sort of build up its capacities but we know what happens and that is what italy really propagates openly the libyan coast guards are supposed to take in vessels that are trying to get away from the coast take people back to libya and we all know what the fate is that awaits them there because there are all these reports about torture and rape and completely inhumane treatment in libyan camps so that is what's behind this battle that is being
italy here is pushing the ball back to other e.u. countries how are they likely to respond to this request. a solution has been desperately sought for a weeks now a behind the scenes in brussels the ambassadors of the e.u. and the defense specialists have been sitting down and saying what can we do however other countries say that italy is being totally obstructive and really wants to completely end these sophia mission it's of these goal is and that's what the other countries say to completely...
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Aug 11, 2018
08/18
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CSPAN3
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she became the first female ambassador to a major country, italy, and at the time italy was teetering on the brink between communism and democracy. it was engaged in a bitter landgrab with yugoslavia. was just the person to help italy, even if she was truly going where no woman had come before. she was not just handed this ambassadorial post. she had to earn it. it's like the gumption she displayed asking clare -- condi nast for a job, when president eisenhower called her in and she had done 100 speeches for him and worked hard for them, he said, what you want? she said, i want to be the ambassador to italy. clare always seemed repaired and presented three reasons to eisenhower to not only say why she's the white -- right woman for the job, but the right person.'s we'll she said i'm a no this, known catholic and this would galvanize the millions of catholics who voted for him. second, it would save him from having to send another of her faith to the vatican. should be the ambassador to italy and the vatican. and third, every female in the electorate would be pleased that another woman
she became the first female ambassador to a major country, italy, and at the time italy was teetering on the brink between communism and democracy. it was engaged in a bitter landgrab with yugoslavia. was just the person to help italy, even if she was truly going where no woman had come before. she was not just handed this ambassadorial post. she had to earn it. it's like the gumption she displayed asking clare -- condi nast for a job, when president eisenhower called her in and she had done...
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welcome to do business and we start with italy where the government is considering different options to fine infrastructure group atlanta the company that operates the motorway on which a bridge in genoa collapsed the of this week investors have already punished the company bringing shares down over twenty percent after they suspended trading this morning is the parent company alpha out there which some are blaming for the disaster the italian government has threatened the company with heavy fines and is demanding it contribute to the bridges reconstruction stratus says it conducted regular safety checks investigators have not yet to stop established the course of the collapse. so clearly when it comes to who is at fault the verdict is still out but a tragedy like that raises a lot of questions of course and for more let's cross over to already bought saw financial correspondent of the from fred stock exchange early if the collapse was caused by negligence on part of the operator what was that tell us about other key infrastructure in italy. well it certainly raises questions about t
welcome to do business and we start with italy where the government is considering different options to fine infrastructure group atlanta the company that operates the motorway on which a bridge in genoa collapsed the of this week investors have already punished the company bringing shares down over twenty percent after they suspended trading this morning is the parent company alpha out there which some are blaming for the disaster the italian government has threatened the company with heavy...
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Aug 16, 2018
08/18
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BLOOMBERG
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it is italy's second-biggest port.sortsow exactly that there will be in terms of rerouting traffic. it is a major blow for the economy. they are talking about having this bridge built in five months. that sounds ambitious to most people. there has been a long-delayed plan to build a bypass through the hills behind jenna what that would remove most through traffic from this bridge. would only be a local artery instead of a major thoroughfare. had been blocked by opposition from local groups. that will be another flashpoint whether or not this gives impetus to build this major bypass project the hills behind genoa. >> i want to move to the sovereign debt market in italy because there is the story that goldman sachs is now saying maybe domestic lenders will be as interested in buying domestic debt going forward. important a support have those domestic lenders been? >> huge. italian debt is bought by italian bonds. that is a fear of feedback because the banks are in trouble they may not by sovereign debt and that will furt
it is italy's second-biggest port.sortsow exactly that there will be in terms of rerouting traffic. it is a major blow for the economy. they are talking about having this bridge built in five months. that sounds ambitious to most people. there has been a long-delayed plan to build a bypass through the hills behind jenna what that would remove most through traffic from this bridge. would only be a local artery instead of a major thoroughfare. had been blocked by opposition from local groups....
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Aug 10, 2018
08/18
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CSPAN3
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one of the major assignments of her tenure in italy was to resolve the awning simm-- next door to italy at the time was yugoslavia and this little port was granted to the u.s. and yugo slavia. and tito was adamant they were going to take it over. but clare found out they were hungry and she discovered that a half a million tons of wheat were secretly given to yugoslavia. negotiations over many months made possible an agreement and in the united states the italian people because italy got to keep it and established her credentials within the diplomatic court as well. while she was in italy she faced something actually far more dangerous than angry italians. she began to feel fatigued, some of her teeth were becoming loose, she was losing her hair, blood tests revealed she was suffering from arsenic poisoning. some immediately assumed foul play by her communist foes in that area. the cia were called in to investigate, and what they discovered will surprise you all. the source of the poisoning was not the communist regime but themerthe ambassador's residence was a beautiful stately home, a
one of the major assignments of her tenure in italy was to resolve the awning simm-- next door to italy at the time was yugoslavia and this little port was granted to the u.s. and yugo slavia. and tito was adamant they were going to take it over. but clare found out they were hungry and she discovered that a half a million tons of wheat were secretly given to yugoslavia. negotiations over many months made possible an agreement and in the united states the italian people because italy got to...
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Aug 24, 2018
08/18
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at this point it is on italy.f it starts to impact some of these other more vulnerable countries like spain, then you would start to be thinking about redenomination risks. >> the e.c.b. still hasn't finished q.e., and yet we already have concerns about b. t.b.'s. >> one of the focus areas for the e.c.b. is this through the summer commitment on separates. how can we be talking about raising interest rates at all when you have these things happening in europe? people will kind of give italy the benefit of the doubt for now. clearly spreads have widened, but i think next year it is going to be very interesting when we talk about e.c.b. policy, how they manage the situation. >> and who leads the central bank as well. reports from germany that act la merkel is pushing for the top spot of the commission to be filled with a early german. i imagine there are bulls on the periphery that may be happy with that situation. matt, great to have you with us on program, jabanna and rob. we want to go to mark chess, of of 2 eagle
at this point it is on italy.f it starts to impact some of these other more vulnerable countries like spain, then you would start to be thinking about redenomination risks. >> the e.c.b. still hasn't finished q.e., and yet we already have concerns about b. t.b.'s. >> one of the focus areas for the e.c.b. is this through the summer commitment on separates. how can we be talking about raising interest rates at all when you have these things happening in europe? people will kind of...
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Aug 3, 2018
08/18
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carlo: he is, but it is different compared to italy. italy is a strong country.are smart with a lot of possibility but we are not usa so we have to leverage on what is the real point of the country. these savings for italian families. at the same time we are the strongest exporter, much stronger than germany but we have a point of weakness, the debt. within the assets of the public we have a lot of real estate, so they have to work to make this disposal of real estate with a big project of reduction of public debt and at the same time investing in growth, in infrastructure and in the south of italy. caroline: that is the ceo of intesa sanpaolo. we will keep it with italy because we are seeing their budget battle and investor concerns continuing. kevin costello from rome. we haven't heard the ceo saying the point of weakness is the debt, but meanwhile we are hearing from the leadership, the government saying we will stick to our pretty bold spending plan. kevin: exactly, that is true. thetop leaders met today in prime minister's office for two hours and they came
carlo: he is, but it is different compared to italy. italy is a strong country.are smart with a lot of possibility but we are not usa so we have to leverage on what is the real point of the country. these savings for italian families. at the same time we are the strongest exporter, much stronger than germany but we have a point of weakness, the debt. within the assets of the public we have a lot of real estate, so they have to work to make this disposal of real estate with a big project of...
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journey is far from over malta says they cannot stay and one day after a highway bridge collapsed italy declares a state of emergency the search for survivors in the city of general enters a second night thirty nine people confirmed dead including several children. it's good to have you with us the accusations are disturbing the numbers are joel dropping a report into the sexual abuse of children by roman catholic priests by a grand jury in the u.s. state of pennsylvania says at least a thousand children were molested and raped by hundreds of priests over seven decades the report goes on to be accused senior church leaders including the current archbishop of washington d.c. of systematically covering up reports of pedophilia brought to them by parishioners . just many victims of way to decades for this investigation pain evident as they attended a press conference by the grand jury found three hundred in one priest sexually abused children in that cat over one thousand child victims right defined by our investigation though the grand jury knows. they believe that number was in the thous
journey is far from over malta says they cannot stay and one day after a highway bridge collapsed italy declares a state of emergency the search for survivors in the city of general enters a second night thirty nine people confirmed dead including several children. it's good to have you with us the accusations are disturbing the numbers are joel dropping a report into the sexual abuse of children by roman catholic priests by a grand jury in the u.s. state of pennsylvania says at least a...
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news coming to you live from berlin italy escalates a dispute with this even neighbors over migrants the populace government in rome says the e.u. must change the rules on rescues it seems or it will close its ports to all bustles carrying refugee says also coming up the eastern german city of tennis braces for more demonstrations as ball right nationalists gear up for another protest. the caste system in nepal it's long been a source of social inequality we meet the women working for change. well i'm terry martin good to have you with us italy is stepping up pressure on its european partners to take more migrants rescued at sea italy's defense minister elisabetta tend to announce that she'll ask fellow e.u. defense ministers to rotate the ports that migrants embark at calling on other countries to share the load of the ears joint naval mission in the mediterranean operation sophia was created to target people smuggling but it's ended up rescuing thousands of migrants since its launch in two thousand and fifteen under current rules operation sophia brings all those rescued to italy r
news coming to you live from berlin italy escalates a dispute with this even neighbors over migrants the populace government in rome says the e.u. must change the rules on rescues it seems or it will close its ports to all bustles carrying refugee says also coming up the eastern german city of tennis braces for more demonstrations as ball right nationalists gear up for another protest. the caste system in nepal it's long been a source of social inequality we meet the women working for change....
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italy cannot continue to be the refugee camp of europe so obviously italy's determination and courage to say no has opened europe's. most of those but yet it will. now five european union countries spain france germany portugal and luxembourg have agreed to accept the asylum seekers yet the last few days have left the search and rescue charities exhausted and frustrated by their prolonged deliberations we really believe that there is a need and urgent as there is in human nature and tragedy which is still ongoing. we need to first of all risk to people at sea and then he's embarked in safety in a court of safety according to the preacher yeah from our time you know. on the aquarius high spirits passenger augustine on your celebrates his birthday and his arrival. always want to be on the was as he put a posse heintz a goal was one of the you know i'm going to go down i'm going to be what it's not just what is it about of against the rate of asylum seekers arriving in europe via the mediterranean is much lower than at its peak in two thousand and fifteen but the political tug of war ove
italy cannot continue to be the refugee camp of europe so obviously italy's determination and courage to say no has opened europe's. most of those but yet it will. now five european union countries spain france germany portugal and luxembourg have agreed to accept the asylum seekers yet the last few days have left the search and rescue charities exhausted and frustrated by their prolonged deliberations we really believe that there is a need and urgent as there is in human nature and tragedy...
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and italy cannot continue to be the refugee camp of europe so obviously italy's determination and courage to say no has opened europe's. much of it does but that it will. now five european union countries spain france germany portugal and luxembourg have agreed to accept the asylum seekers yet the last few days have left the search and rescue charities exhausted and frustrated by the prolonged deliberations we really believe that there is a need and it's urgent that there is a human nature in tragedy which is still ongoing that see you know we need and can
and italy cannot continue to be the refugee camp of europe so obviously italy's determination and courage to say no has opened europe's. much of it does but that it will. now five european union countries spain france germany portugal and luxembourg have agreed to accept the asylum seekers yet the last few days have left the search and rescue charities exhausted and frustrated by the prolonged deliberations we really believe that there is a need and it's urgent that there is a human nature in...
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Aug 12, 2018
08/18
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italy's honor had been violated.is army to the suez canal to attack the undefended army. ethiopian president haile selassie appeared before the united nations. i must still fight on until my tardy allies appear, and if they never, i say to you without bitterness, the west will perish . members of the league halfheartedly stopped trading with italy, but they failed the only thing that would stop any aggressor, force. ethiopia was left to herself. leaders came to pledge their allegiance. [foreign language spoken] witheople of ethiopia, their spears and bare hands, faced the guns and tanks at the invaders, fighting desperately and gallantly to save the country from conquest. [explosions] [bombs whistling] they fought and they died, but in the end there could be but one result. might triumphed. italy concord ethiopia. many of our elected leaders warned of the danger. war,thout a declaration of and without warning or justification of any kind, civilians including vast numbers of women and children, are being ruthlessly mu
italy's honor had been violated.is army to the suez canal to attack the undefended army. ethiopian president haile selassie appeared before the united nations. i must still fight on until my tardy allies appear, and if they never, i say to you without bitterness, the west will perish . members of the league halfheartedly stopped trading with italy, but they failed the only thing that would stop any aggressor, force. ethiopia was left to herself. leaders came to pledge their allegiance. [foreign...
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Aug 15, 2018
08/18
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BBCNEWS
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a lot of anger pulsing through genoa but italy as a whole, why did this happen?here, will people be feeling concerned about whether there may be similar issues for other constructions? absolutely, this is not the first viaduct to have problems in recent years. they've now called for a review of all of the overpasses and motorways to look at the structural safety issues. but i think there is a sense of, are we safe? are we safe going about our everyday business? i talked to one man whose wife and daughter were hit as they were walking under the bridge to go to ikea, they were going to a couple of stores and the bridge just fell on top of them as they were walking beneath it. they were going about their everyday lives, whole families' lives were taken while they were headed to the beach. so there's a sense that daily life has been interrupted by the fragility of italy's infrastructure at this point. andrea, thank you very much. ajudge in new mexico has received death threats after granting bail to five adults arrested at a desert compound where officers found i! st
a lot of anger pulsing through genoa but italy as a whole, why did this happen?here, will people be feeling concerned about whether there may be similar issues for other constructions? absolutely, this is not the first viaduct to have problems in recent years. they've now called for a review of all of the overpasses and motorways to look at the structural safety issues. but i think there is a sense of, are we safe? are we safe going about our everyday business? i talked to one man whose wife...