, europe with italy.is is why i think the esm will be the crucial point in the next two days, and i repeat, i hope government will take it and use it as soon as possible, because the country needs resources. the country needs to have recovery, and the recovery can come with these kinds of resources immediately. i think that tourism can recover, but not as fast as we hope. a sense of -- me i think i was reading some poles and it goes exactly to what you are pointing to. italians that do not understand europe or don't trust europe. what needs to happen over the next one to two years so that we don't fall into the hands of another breakup of the euro? i think forknow, italy there is no more room for mistakes at the european level. in the last 10 years, two big mistakes. the way in which the euro crisis was managed 10 years ago and the problems with italy, and maybe the most damage with public opinion, the way the refugee crisis was managed. today i don't see any more room for mistakes. this is why i think wh

carona recovery fund the german chancellor hosting italy's prime minister saying there is still a long way to go to put together an unprecedented fund of billions of euros also coming up. in california issues a sweeping rollback of its plans to open up for business its governors ward businesses including bars restaurants and movie theaters to shut down again to contain a surge in corona virus cases. and in peru out of work and out of options the virus leaves the poorest struggling just to put food on the table. i brought in thomas good to have you with us today the german chancellor says quote there's still a long way to go to put together a corona recovery plan where some 750000000000 euros speaking after talks outside berlin with the italian prime minister she said she would resist any attempts to reduce the size of the package at an east summit later this week italy is among the e.u. member states struggling in the wake of kroner related shutdowns and layoffs. diplomacy in times of corona while the leaders of germany and italy practice social distancing they've moved closer on polic

that it's impossible we can have the whole world coming to italy to europe via italy and that these people should be sent back and that's an argument which is quite valid and the talent population follows it. like a less getting. nothing he's the thing advocacy than a way to methadone cantons with a sniper thanks for your time this morning thirstily why do you think it took a flea so long to decide on whether the ship could dock in sicily. well i think probably 2 reasons although it to him a stout johnson phillips owes the one is a swiss mentioned the concerned that it will be and so with so many of those arriving and the other countries in europe ticking their reasonable share responsibility 2nd we are equals in particular medical times specially so for italy with the car with 9000 virus so might have been concerns about that still that this not just a fun that you don't mind people a lot of people to come ashore with regard to this sort of welfare of those migrants on board apparently the ship did ask for medical assistance team from italy but italy initially just sent a single do

on a national level, many untries feared becoming the next italy.march, remember that country was the global epicenter, with the highest infection numbers and the highest deaths. as italians get back to enjoying bars and beaches, it is worth remembering what it looked like just a few months ago. >> medics say core doors are being used for intensive care units. the top help sm at breaking point. italy, all of it, mortuaries being used to storean coffins crematoria are working 24 hours a day. more than 8% of cases in italy our mal staff, almost double that of china. the theory is if the restrictions are liftedoo soon, the numbers could start jumping again. the crisis may not be at its height, but it still lingers on, ready to pounce back katty: with that in mind, you would think theorld looked on and did whatever it could. of course, you would be wrong. the head of children's health at a hospital in italy, at the epicenter, he lived through some of the worst of the pandemic. he joins us now. dr., thank you for joining he when we look at how bad it is,

i know you are bullish on italy. they will be one of the big winners in this plan, but are you worried about the political uncertainties in italy? just this weekend, politico had a expose on the politicians looking to be the next nigel farage and you are hearing more rhetoric from italy coming up about a referendum on the eu, and exit? is: the big problem in italy the north and south agree on solutions and when pushed to vote, they are -- italy has been of of the longest members the eu. italy in general has been a beneficiary, significant beneficiary of the stability of the euro relative to the inflation a half before so i over the age of 40 will certainly remember that and i think younger people in general across europe tend to be pro-euro so although there is a lot of rhetoric about where the eu is, i think a lot of that rhetoric is gauged at getting more benefits for italy and when push comes to shove, this kind of deal we are seeing now will encourage italians to stay in. matt: is it a problem if the deal loads m

that it's impossible we can have the whole world coming to italy to that of via italy and that these people should be sent back and that's an argument which is quite valid and the italian population follows it international maritime lul is the syfy clique that you have to open up your pool for people to come ashore with the elite without immediately so this is what should have happened but at the italian concerns should be seen and recognized by more european countries to come to their assistance both in the search and rescue but in. taking some of the migrants and refugees to their own country 2nd we are opals in particular medical times specially so for italy with the call with 9000 virus so minds are being concerned about that still that this not just to find that you don't mind people a lot of people to come ashore. but the case please watch dog is a. vesta gasing the case of a stop and search where police smashed the car window of a black man after they wrongfully accused him of drug possession ironically though the man in question was driving home from a t.v. interview just giv

huts can also just like for italy and all of the e.u. member states it's in germany's interest to have a functioning single market we have experience what it's like when supply chains are destroyed when they cease to function that is affected us equally and that is why we are equally responsible for finding a good way out of this situation for the european union and all of its member states. so that was merkel appealing for unity and compromise during a news conference and from all we can now go to his chief political correspondent and then the crane who is actually he is a bit outside berlin where the meeting is being held. melinda so merkel and condi have been speaking what do they have to say. well there were messages of urgency similar to the one that we just heard from the chancellor in that sound bite and there were messages of real personal warmth with the chancellor for exactly for example praising the italians for their fortitude and their discipline during the pandemic reminding her listeners of the great sacrifices that italy

corona fund the chancellor hosting italy's prime minister saying there's still a long way to go to put together an unprecedented recovery fund. and france breaking with tradition this day today with a tribute to health care workers rather than its military president mccraw will make a rare address to the nation laying out his plans to overcome the kind. and in peru out of work and out of options the virus leaves the poorest of the poor struggling just to put food on the table. i'm brian thomas good to have you with us today california has announced that it is ordering thousands of businesses to shut down after briefly reopening they include restaurants bars movie theaters across america's most populous state this decision comes amidst a new surge in reported cases across a number of american states large metro areas in california including los angeles and san francisco are among those affected. back to square one california shuts down most of its public life for the 2nd time back in march it was the 1st u.s. state to impose a strict stay at home order even closing down its beaches park

it's impossible we can have the whole world coming to italy to europe via italy and that these people should be sent back and that's an argument which is quite valid and the talent population follows it. became a independent office for police conduct is investigating the case of the stop and police smash the car window of a black man after they wrongfully teased him of drug possession ironically though the man in question was driving home for tea from a t.v. interview he just given about his experience with institutionalized racism specifically about being stopped the searches his footage of the police action filmed by the man himself. but they cannot and god only would. get. married. after coming from a channel 4 into the specifically talking about getting stopped by the police live where it happened about late on an interview without start just to check my phone or fixations and would just intrude they held up the traffic just to start me. and implied i was putting things in my waistband just as i saw that and clearly there wasn't anything there it was there was no drugs this never

now in high tourist season, tourism is a vital part ofy, italy's econsually bringing in 13% of italy's more but many are worried a. persisting fear of the unknown will cause lasting damage to the trade. from the beach town of rimini on the adriatic coast, special correspondent malcolm brabant reports. >> reporter: this is ania essentl part of gabriele pagliarani'sew regime: disinfecting sun beds on his stretch of rimini's extensive beach. so's had to remove some umbrella stations to boosal distancing and comply with new rules to reduce the risk of contagion. >> ( translated ): unfortunately this is anything but a successful summer. this damn virus covid hasry derailed eing. and we have an economy below zero. >> reporter: for 33 years this yeach club has been a mo maker. normally at this stage of the season, says pagliarani, it would be full of visitors from across europe and beyond. but legions of empty sun loungers rresent potential disaster. >> ( translated ): one year you can survive. two certainly not. let's hope this pandemic goes away as soon as possible. >> reporter: a recent an

of grants and $360000000000.00 of loans that will have to be repaid and hit southern states such as italy and spain have been pushing for. bigger grounds a group of so-called frugal northern european countries where the bulk of the money distributed is loans but more checks on how the money spent. it's on his prime minister he said become tay says he's cautiously optimistic that the rift can be overcome and acknowledged that negotiations have been tough to leave there was there is a limit that must not be exceeded for the dignity of italy and for the dignity of all the other countries which are going through the acute phase of the crisis under living the most serious consequences we are not joking here it is no time for national navel gazing we are proposing a european solution here and there is no time left for jokes in the script so. let's have a look at this proposals and with our economic with a philip behind berger who is an economist from the vienna institute for international economic studies joins us from the austrian capital welcome to d.w. so the new proposal sees a proportion o

you are going to provide direct stimulus to italy. you're telling me it is going to have a multiplier effect. what is it going to go into in italy? gondolas in venice? geoff: we know that italy does -- is looking at infrastructure improvements over the last few years, and there have been instances where that has proven to be necessary. if you are a dutch engineer, you should be submitting your bids, your rfp's, saying how you can deliver the best in class, and that is how they should be looking at it. where a rising tide should lift all boats. francine: what do you do with gold right now? geoff: gold i think will be seen as the quintessential inflation global centraln bankers, they seem determined to keep real rates down for as much as possible. people have been talking about the brain art speech. let the economy run hot. in that only do well kind of environment. francine: thanks so much, geoff yu of bny mellon. we will have plenty more from him shortly. coming up shortly, alexander stubb, we will talk about the recovery plan. york, 1

requests to italian and multis with dorothy's for a port of entry will have been ignored or denied italy has tightened border controls in response to covert 19 migrants have been told to wear personal protective equipment and then transferred to ferries off italy's coast to wait out a coronating period 28 migrants who transferred from this rescue ship to a ferry known as the moby zaza tested covered positive 10 days ago risk usa the taking precautions but argued the migrants mental health must take priority it's very unprecedented just because it's the 1st time in more than 4 years of operation that we reach such a such a level of anxiety and. such a situation and war at the moment we are left without any solution with that kind of emergency situation on board because it is a situation that we cannot guarantee we can control at any moment. and some relief

more than 8% of cases in italy our medical staff, almost double that ochina. theory is if the strictions are lifted too soon, the numbers couag start jumpinn. the crisis may not be at its height, but it still lingers on, ready to pounce back. katty: with that in mind, you would think the world looked on and did whatever it could. of course, you would be wrong. the head of children's health at a hospit in italy, at the h epicentelived through some of the worst of the pdemic. he joins us now. dr., thank you for joining the program. when we look at how bad it is, what is the situation like today? dr.: a big difference. in march, we were in the eye of the cyclone, with 70 people coming to the emergency ydepartment with respirat failure, and the hospital was turned into an area where more than 600 beds were dedicated to these patients, and it was difficult to provide support to all of these patients. luckily, the lockdown was really very strong, the it was really very effective. now, we have only a few cases, just 160 new cases. katty: it is amazing what a differen

carrying drugs arriving in italy. a lot of discharged and wished they were just. on the ground and. are with for the person to die they think of the. good the who the more in the face of the value of human being. completely. the nigerian maffia is also involved in prostitution. to humans are treated as disposable because that will get it out on their own up for decades the castrovalva tourneau region has been controlled by a very dangerous and powerful cumorah clan the castle you see. but even so the nigerian mafia has managed to spread in the area that was it for them and the life and i'm sure both criminal organizations have come to some arrangement in our lives with that audio blessing is one of the women who fell victim to the criminals the nigerian computer scientist was lured to europe by the matthew z. with the promise of a high paying job she came to italy via spain with all the right paperwork but like thousands of other nigerian women ended up on the streets quango. have. i got scared when they took away my phone. and when they told me that i now owed them 65000 euros only

conti has been touting italy's reform plans here in me is a back that consists of an energy transition a green new deal the dismantling of italy's notorious bureaucracy and improvements to its justice system. we need to move fast react quickly history has shown us that the best reactions aren't worth much if they come too slowly it's this they know that what neither leader is willing to predict whether the upcoming talks in brussels will make significant progress deciding this could be the beginning of a long process. let's go to sports now and n.f.l. football team of the washington redskins has confirmed it will change its name following renewed protests the term the redskins has long been offensive to many native americans and the team's owner had previously stated he would never change it now he has reconsidered after pressure from sponsors. pro tennis now and here in berlin a moment you don't often see in the game a double tweener as in 2 shots between the legs. 1st of germany's tommy haas in white manages it without hurting himself and then yannick center of italy gets it done as

italy went intoionwide lockdownn the ninth of march.ere is spain's prime minister making a national address on the 16th of march as boris johnson was telling brita's to avoid unnecessary trouble from home, spain passed prime minister ordered people by law to stay-at-home. france followed suit one day later. we should emphasize though, this is a straight correlation from one decision and one outcome. angela merkel in germany continued toait. she only ordered the lockdown on the 22nd of march, one day before the u.k., and the number of cases a quite different political correspondent -- quite different. let's bring iour political correspondent. let's start by being guided by the sciences po the governmet does make decision, right? >> yes, it does, and ministers thcept that, and i think o one hand, the good news for the sgovernment' -- the good news for the government is there doesn't seem to be a smoki gun were one side said if you don't do this right away, all hell is going to break loose. there isn't a smoking gun in that sense, but what

one of the ailing nations in desperate need of cash is italy will take the temperature of small businesses there. and facing up why can't boss comes clean about his role in the downfall of the multi 1000000000 euro payments for. the kids as well and as to business history is in the making investors are closely watching today's e.u. rescue summit leaders hammering out a deal for the biggest recovery fund europe has ever seen but there's dutch opposition and the threat of a hungary and veto the markets would love a deal but this could drag on over the weekend and even be too late before we get too pessimistic let's check if the european union is on the right track in getting its 27 member states through these tricky times it's a question my colleague rob wants put to some of the world's leading economists the european central we have a commitment to a common fiscal response with the european recovery fund now they're going to walk you about it on friday and saturday we'll get a decision up 5 minutes on our street deprived politicians as we always do but i think we will get. eventually a comm

would borrow together but then give to countries where recovery is most needed italy of course hard hit spain they are feeling very left alone in certain respects and what they want to remind the netherlands and austria. denmark and sweden is that those countries manufacture things they sell things it's great that they had to terrific rainy day fund saved up they were in a much stronger financial position to have that umbrella open and be ready for the storm when it hit but in fact they'll be standing out there alone under their umbrella unless they make sure that italy spain france all these countries are also able to recover in the same way so what you hear is a lot of talk about divergence germany has recognized this how quickly did germany was able to unleash more than a trillion euro in support of its own economy other countries have not been able to do that they're already saddled with debt so they need this help and they're trying to explain that all together that you can make sure they recover in a much more cohesive way than if they struggle on their own. the united states is s

. >> they also want a veto on economic plans by the likes of italy and spain to force them to pursue reforms, and 90 -- idea fiercely r resisted by italy. >> you heard one of the eu so-called frugal countries is austria. we can go to our correspondent there. tell us more about where austria and some of the other so-called frugal countries stand. >> there is a fundamental difference in position ultimately on these funds. on the one hand, you have countries like france and germany that are saying the most important thing right now is to help those countries most in and spain,s italy and that this is not the time for nitpicking. it is not the time for penny-counting. it is not the time to discuss the kinds of reforms financial systems that countries like australia and the netherlands are saying need to be carried out in return n for these funds. the position of austria, the netherlands, and the other so-called four countries plus more recently f finland it appes say ththis is th time e -- they have a responsibility to taxpayers, and their focus is on the financial side of things. they w

strengthened italy's economy i would say the opposite we remember when italy was a sovereign country it was the 4th power within the g 7 so we know perfectly well which direction to take to develop our country we will be able to go it on our own again to manage all the funds we need to relaunch the manufacturing areas of this country tourism desperately needs a fresh push as our attractions appeal to everyone the problem is that we do not have an opportunity within the e.u. to develop our economy and this made in italy brand like we should be doing. the former french prime minister it was philippe's facing an inquiry of his handling of the corona virus pandemic which was $30000.00 lives in france the move came just hours after he and the government resigned as head of the reshuffle 2 others are also being investigated a former health minister and her successor a court of justice which deals with cases of ministerial misconduct received 90 complaints against the government over the handling of the pandemic the complaints came from citizens doctors and unions and include danger in the

how important is it for you that italy is on this list at the british government has released 7 italyh government has released? good afternoon. it is a good decision, for the travel industry, for the hospitality sector, but also for the people, the british people, english people, the british people, english people, italian people coming to the uk. it's a good decision for both countries. i do hope that british people will come and see italy and spent holidays and enjoy their time in italy. and i hope that italians will come back and enjoy their time in england. but italy is categorised asa in england. but italy is categorised as a member country, meaning it has as a member country, meaning it has a higher level of risk from covid—19 than a green country. how equipped are you to deal with mass tourism this summer? we have set a very efficient monitoring system at the regional level, with data that will be processed at a national level. of course, people and tourists coming to italy will have to respect all the measures, the one metre social distancing, wearing masks when they go in an

dozens of criminal organizations are at work in italy that's why davida wants to help fight. the political decision makers 1st aid and. france is currently facing 2 crises there's the corona crisis and then there's another one which gets much less attention but c. is crisis the french are known for their exquisite and tasty cheeses quantity. but since the beginning of the pandemic many it seems manufacturers have not been able to sell their products the french are now being called upon to sell their patriotism go out and see. a region famous for its cheeses they declared emergency there's simply too much good cheese in storage due to the coronavirus french or cheese maker baton has close to 10 tons of cheese maturing in his cellars and that's creating more than a storage problem cheese has a limited shelf life in particular. the current president. after more than 2 and a half months you can't sell it any more it wouldn't look very nice or force would start to appear in the rye and would grow too thick. to put a choir to strong taste. during the covert 1000 lockdown artists an

and clearly, the debt levels, notably for italy, a bit more than for spain. this is clearly not-- not good news. >> so on that point, how do you-- how does the-- how does the union transition back into its fiscal rules? how does that work? because obviously there's a shock to the -- is there a time when they come with full force or subject to the-- >> no timeline has been fixed for that also for a very good reason. because still at this point in time you will recognize that from the situation in the u.s. there's an extremely high level of urgency and that is completely linked to the trajectory of the virus. so we seem to be on our way out, which is -- things look definitely much better today in europe than they did, let's say six weeks ago. but sadly, one can -- the virus has been around so one cannot rule out the reemergence of the virus which can lead to reime position of lockdown measures or partially locked down. so as long as-- given the fact that this uncertainty about the recovery is so big, it would also be very difficult for us to make recommendation

and then yet a center of italy gets it done as well. cos when the points and a small socially distance crowd cheered and center won the 1st round match of the nit pandemic exhibition china events. you're watching data billionaires don't forget you can get up to date on all the latest on our website that student news dot com or you can follow us on twitter and instagram at when you noticed i'm claire edges and brylin from me and the whole team here thanks so much for joining us. has a virus spread. why do we have it and then we'll. just through the text and a weekly radio show is called spectrum if you would like to expand the information on the coronavirus or any other science topic you should really check out our talk cast you can get it wherever you go your pod cast you can also find us and. science.

to be in corinth seen when they returned spain very noticeably on the list along with places like italy and so the tourism sector in spain very keen to put out the message that localized outbreaks will be. lepton if you like brought under control rapidly i think that's where the impetus is coming from. to latin america now it's on the ramp and he joins me live from bogota . as you were saying earlier the numbers in that america have now surpassed that of europe mean that is not the sort of title that the region won't says. definitely came and of course brazil has the ball the case is more than 1500000 there but we have seen a sharp stick in the number of contagions in different countries that have done a good job in controlling the spread of the virus especially beginning with very strict isolation measures for example in chile here where we are in colombia or numbers have been going up in the last few weeks as these countries that been reopening their economies or at least that part of it now some people here would like to go back to a full quarantine full national quarantine but most

maybe the nations use there should be more of a eminent flow of investment funds for italy and spain and other countries. to the extent that countries are concerned, and member states are concerned what do you tell them? >> i know perfectly well and i've spent the best part of my career in the financial industry so i know better than anybody these concerns. what would i tell them? first of all the proposal that we have made for the borrowing is, it's a bit cold but it's a proposal to change the resource decision. and that is sort of the authorization to borrow comes from, the way it is proposed is it formulated and drafted it's crystal clear that the authorization we asked for is of a temporary nature and that will be assured by the ratification process. the decision will have to be ratified by all parliament in europe so that even if people in the commission were to think we want to extend this yonder this, it's simply not possible because parliament were hidden in the first ones to block are in the countries that you mentioned . they would not go along with an extension for no purp

to fend off the pressure with italy? silvia: italy stands to gain 80 billion in grants from this.right in saying that the fiscal solidarity of the whole package is evident. we don't really know yet how much italy is liable -- how much of this will depend on a discussion of whether the e.u. -- this is an important discussion we will have in the coming months, but even under a very conservative assumption, assuming that italy will be liable to see its own share in terms of the e.u. budget, the component will be about 50 billion. you have a net transfer of about 30 billion. however, italy is the only that contribute or to the e.u. budget that becomes a net beneficiary under the next generation. it is a switch of the signs that -- in terms ofre italy, and showing that there really is solidarity going on maybe for the first time as far as it is concerned. tom: sylvia, good morning from new york. in the world of banks and financials, or the world of alberto gallo in ponce, they are looking for the next desk in bonds, they are looking for the next allocation or the next ta a ranche. do y

anna: that was italy's finance minister, roberto gualtieri.orrison sends in addition -- ask tradition agreement with hong kong. more on that clinical story next. this is bloomberg. ♪ anna: economics, finance, politics. "bloomberg surveillance." tensions between china and australia are ratcheting higher following hong kong's new security law. scott morrison has suspended an extradition agreement with the city. turning us live is annmarie hordern who has details. this is not the first time -- australia is not the first country to do this. what is the latest on this relationship? annmarie: certainly not. more countries are expressing concern, australia just the latest today, saying they will suspend its extradition agreement with hong kong, and they will be giving skilled migrants from hong kong five-year visas with a permanent pathway to residency. are concerned about the hong kong national security legislation with china. canada extended its agreement with hong kong last week. u.k. is also opening its doors to millions of hong kong residents. a

to develop our economy and this made in italy brand like we should be doing. well that's a wrap for now more from artie's world news center here with me in half an hour reporting from moscow i'm kevin o. in house watching and hope you have a great rest of the weekend. join me every thursday on the alex simon show and i'll be speaking to guest of the world of politics sports business i'm showbusiness i'll see you then. before. the club became a household name in the united states and other world over. washington ceased to be a city that. gender quarter compromised by what is a sure national interest people talk about gridlock in congress hear people talk about. the rights of the radicals in both bodies. this. is solid bipartisan centrist approach to politics both domestic and foreign. dates that's for sure. secret prisons are not usually what comes to mind when thinking about europe however even the most prosperous can be deceived within this 0 zone there were too few houses were allowed to leave prison was located and the only people had access to the story fo

the main hospital in italy has had its first day of zero covid patients.pril, as italy extended its lockdown days after the nation recorded its jump in deaths. oxygen tanks lined up, patients video calling family members. back then, the surgeon general was warning there's every chance we could be italy. if only. 137 days after their first covid patient, the icu staff celebrating their unit is covid free. italy's curve as of right now is flat, that's on the bottom. ours is green. we could only hope we would be a little more like italy. thank you for joining us. our global town hall, coronavirus facts and fears, dr. redfield, sanjay and anderson starts right now. ♪ >>> welcome. i'm anderson cooper in new york. >> i'm dr. sanjay gupta. this is our 16th cnn global town hal, coronavirus, facts and heres. >> it comes as the virus makes it clear not only has it left us, it's growing faster than ever before. which reminded us that it, not us, is in control. and until and unless we get our act together as a nation. >> people laughed about are we concerned about the

to develop our economy and this made in italy brand like we should be doing. these are stories phenomena busy all day we will keep the updates coming for you at the top of the hour hope you'll join me then live from moscow this is our. long before. the world. toward the compromise by what is a sure national interest people talk about gridlock in congress when you hear people talk about. the right. radicals in both parties so will this. be a solid bipartisan centrist approach to politics most of them against the war. it's not just. secret prisons and usually what comes to mind when thinking about europe however even the most prosperous can be deceived we've been busy roads on the work to view houses were. preserved were located only cia people had access to the story from investigators covered the darkest dealings of the secret services but i mean. the great ignore in. your sort of. thing for justice. this is boom bust the one business show you can't afford to miss on fairmont i say ok in washington coming up the new nafta or us something the fact this week but

italy has a good healthcare system so it was difficult to accept what my friends and colleagues in italydying. the mortality rate was higher than what we expected so we had to listen to them and realise the same thing, the same reality was coming to us in spain and in just a few days, a week we had the same situation in spain. so the first days of covid, i went to my boss to ask for some contacts to help to find ventilators to send to italy and after a few days we needed those ventilators in our hospital so imagine it was a tremendous shock for everybody. all these new beds, new wards, icus became ten times bigger than it had been in terms of numbers of beds so everyone was involved. and for you from the start did you think about the fact you would have to shield your partner? because you work with the sickest people. yes. as we received the first patients, covid positive in the hospital i decided to go and confine myself. i told my husband that he will sleep in one room and i will sleep in a different room and the same for the bathroom. you will use the kitchen and then i will use it. j

turning to spain and italy, both spain and italy have been particularly hard hit by the crisis, by the pandemic. this is partially maybe bad luck, but there is also, to a large extent, something to do also with the structure of the economy. that was a very large part of it depending on tourism, leisure, which is clearly, which are clearly sectors that are particularly hard hit by the pandemic. again, in our spring forecast, we anticipated a drop in gdp of bigger than 9% for both countries, and again, i'm afraid that we will not surprise on the upside there to. clearly, with a very big impact their resulting in a big impact also on the government finances, which we see, across the board in the eu, given the size of the drop of gdp in spain and italy, it is more pronounced there then elsewhere. that said, this is true for all countries, also for them, aren't it is most of the measures that they have taken, they are one off, and we would expect with a return to growth, that also we would expect their fiscal positions to improve also very quickly. what you are left with is an increase of s

in italy, ruling out they want to tap into the esm given the compromise this morning.on now that enough? we have seen trillions go into the u.s., and they are talking about trillions more. it is a bigger economy with more people, but you have seen as much as the entire european rescue package go into germany alone. double-digit numbers in billions going to be enough to save economies like spain and especially italy, with more than 100% debt to gdp already? good: yes, and you make a point. there is a clear sense going insistinge frugals the money has to go to well use. there is a sense it is good news for the periphery. seemed thatago it it would be your typical bailout, and countries are getting a windfall. we will need reforms in spain plan toy, a real growth kickstart those economies. and what will happen with the health situation? we do not know if we will see a second round of the virus, or how quickly economies can go back to normal. you can argue it is good news the money is coming through, but there is a bigger issue. when you look at italy, structural problems

italy will tap the euro bailout fund if it needs to.inister left open the possibility some politicians have projected using the fund, saying it would mean the country loses control of its own public finances. says there is no stigma about using that credit line. president donald trump has touted ties to mexico on trade, immigration, and combating drug trafficking as he met the mexican president. it trump says the relationship between the countries have never been closer. the meeting was celebrating the finalization of the usmca trade pact. a supervisory board is extending his search for a new chairman and chief executive after the out fromboss was let up shareholder revolt. some investors call for a broader overhaul of the company. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. matt: let's take a quick look at what is going on in markets, as -the chinese rally continues into its eighth day. the eighth day and a row, the longest stretch in

to develop our economy and this made in italy brand like we should be doing. follow so many other stories from us as well online and social media plus it so far you know is here in half an hour with more from the r.t. world needs center but for now reporting from moscow i'm kevin 0 in thank you so much for watching this weekend maybe catch again tomorrow and hope you have a great weekend. you cannot be both with the yeah you like. the one guy appear he was a may found him literally dead like this standing up there a guy appeared his girlfriend they were found in their apartment that they'd just gotten. cold up and they were dead for like 3 days holding each other this wall so people who have lost their lifes early to addition yeah this is from akron. that crown is better known as the meth capital in ohio it's a city where the number of drug addicts keeps growing every year. i came up i was 14 and my whole family were drug addicts. throughout much of the 1990 s. and beyond and the doctors were incursion in some cases incentivized to overprescribe. i mean enough

strengthened italy's economy i would say the opposite we remember when italy was a sovereign country it was the 4th power within the g 7 so we know perfectly well which direction to take to develop our country we will be able to go it on our own again to manage all the funds we need to relaunch the manufacturing areas of this country tourism definitely needs a fresh push as our attractions appeal to everyone the problem is that we do not have an opportunity within the e.u. to develop our economy and this made in italy brand like we should be doing. if you get a minute chicken a social media razzi dulko so much more that i learn more from me here in the us he will new center in half an hour so reporting from moscow for now is kevin 0 in thank you for watching and hope you have a great rest of the week. you cannot be both with the yeah you like. all the club became a household name really now states and other world over. washington ceased to be a city that. tended toward the compromised by what is a sure national interest people talk about gridlock in congress years people talk about.

what is the process like someone like italy getting the money? maria: it is crystal clear the money is not going to come overnight and will not be paid out this year. it will be frontloaded from 2021 to 2022. i would say i had a conversation with an official from a government and he told me this is not a bad thing, because the and wen central bank know the funding is well anchored and they will have to come up with a plan. it is hard for a country to observe billions of euros overnight. billionshere -- absorb of euros overnight. italy and spain will have to show that they actually have a plan. it is not a plan for short-term, a plan for the future to deal with structural problems like a country like italy has had for years, like low productivity. alix: great reporting. joining us is ian harnett absolute strategy chief strategist. does this make you want to go by the euro, by european equities? ian: i think that is certainly where we are. we are looking at a situation where having been very cautious in the euro zone relative to the u.s. for the la

i'd be interested to know how they are in for sitting in northern italy and france.n made pretty evident over the past 25 hours. one more, such a squeeze paper review. because president from giving that press conference. micron, searching for a new path and a new way with the shakeout. what interested me is i think there were six members of his new government which are close to sack was a. so the right will be pleased. if you read that they are not happy because the problem in in france apart from general de gaulle who managed to transcend politics, nobody has done it before him and of course general de gaulle lived in exceptional circumstances in the 40s and also when he came back in the late 50s because there was, it hasn‘t been on before. the president says he wants to transcend politics but it‘s a lwa ys to transcend politics but it‘s always asked whether he is on the right on the left on the centre left oi’ right on the left on the centre left or central lab. and it looks like he can never win. he‘s got two years left of his presidency. i think he‘s trying to fi

governments interfering in the ongoing instability in a joint statement the leaders of france germany and italy say we urge all foreign actors to end their increasing interference and to fully respect the arms embargo established by the united nations security council we are ready to consider the possible use of sanctions should breaches to the embargo at sea on land or in the air continue. and a team from the international criminal court is now on the ground to investigate possible war crimes committed by forces loyal to the warlord alley for half an hour that's expected to include a visit to the mass graves found in last month the 3 person team will also investigate booby traps left behind by afghans fighters south of tripoli the i.c.c. says it's received credible information regarding 11 mass graves containing men women and children but one of the wide has more now from tripoli. the government so far seems to be reluctant in revealing the details about the team's. details exactly but we know from sources with the government of national accord nearly $225.00 bodies have been recovered from th