collapse because as you know and as i know you know they are technically insolvent italy italy will collapse i mean italy is on the verge of collapse that will change that chain reaction that sets off and the chaos that and says it will that it's not going to be ability to manage that any anyone reasonable way and i think that's why this push to bitcoin and i think bitcoin price the reason is so high is that it's discounting ok. banking armageddon it's telegraphing as markets are discounting mechanism they're telling us that in very near future you're going to have another two thousand and eight banking catastrophe i agree with everything you just said here's my all my issue and i'm sure you have thoughts on this the government really doesn't suffer. the money laundering flouting very readily and the know your customer rules they don't like people flouting those either and they really don't want to with alacrity give up control over the entire field of currency regime so why are they giving all this rope to cryptocurrency well because and the reason is the reason is maxwells because they want to get the

collapse because as you know and as i know you're they are technically insolvent italy italy will collapse i mean italy is on the verge of collapse that will change that chain reaction that sets off and the chaos that and says it will it's not going to be an ability to manage that any anyone reasonable way and i think it's why this push to bitcoin and i think bitcoin price the reason is so high is that it's discounting banking armageddon it's telegraphing his markets are discounting mechanism they're telling us that in the very near future you're going to have another two thousand and eight banking catastrophe like rule i agree with. everything you just said here's my all my issue and i'm sure you have thoughts on this the government really doesn't suffer. the money laundering flouting very readily and the know your customer rules they don't like people flouting those either and they really don't want to with alacrity give up control over the entire field of currency regime so why are they giving all this rope to cryptocurrency well because and the reason it is the reason is maxwells because they want

italy, particularly southern italy, one of the poorest parts of the world at the time, you and get them to america in a new system the same people performed britiantly. take the vietnamese boat people, and those people thrive and prosper. you look at nigerians, they come to america and have an incredibly high achievement. indian americans today have i think the highest per capita gdp of any american ethnic group. that's the american experiment, which is that we understand it's not the human being who is the problem but the political economic system. and once they're in america they're going to do great, whether they're haitian or anything else. >> you debunked the argument about people being uneducated. people in norway their median income is $97,000 and the median income is $80 or whatever it is in haiti. so it's like -- so that's more of a reason to want to come to america because people from norway don't want to come here. >> and by the way, that's always been true. we never got the french bankers and the english earls. >> why would they? >> right, exactly. we always got the poor irish, the poor italians. we always got people from southern italy, southern italy by far the poorest part of europe. when somebody comes here and they're going through unimaginable barriers and incredible difficulty and they're coming at pain of death sometimes, crossing the rio grand to wash your dishes, look after your baby from 18 hours a day, 16 hours a day, those people have drive. they have initiative. and the whole american experiment has been that that's what we've been able to do. the rest of the world has always marveled at that. that we can take all these people from everywhere and they become productive americans. >> i want to know what this means for the world. and it's not just us here in the united states who are sort of talking about it here. but i'm wondering what this means for the rest of the world. because the african nation of botswana asked its ambassador, they want to know if they're a shithole nation. what does this mean? what are other people saying? >> look, everybody is stunned and startled. you're getting the biggest reac

italy, italy exports.lot on its growth level is not that good. toward this tong settle monetary policy. they will remain cautious. they do not want europe to go up to much. recovery wed-based are seeing in the eurozone. >> do you think we will see this spread tightening or widening? is it somewhere else like italyaside from greece, i am neutral on the referral spreads. where i am most negative right now is in the run-up to the italian election is being short italian bonds. will get a lot of bluster from the election parties and they will talk about the percentage. -- wetart to talk about when bondshat selloff quite a bit. real existential risk. the italian election is overhyped. it is the bonds that trade out in the fiscal slippage. >> absolutely correct. the country is going through political problems, it is their bond market that takes the pressure. the euro should be pretty good that on euro-dollar i am less positive on the market. potential we saw in the beginning of the year and the last half of december could be a trap. i sold -- i saw bowl rate hikes coming. there is a potential for volatility to kick in. -- fiscal reform will add to it will make the fed earlier. the market is negative on it right now. guy: it is showing up in positioning data. thank you very much. art cudmore joini

you come from i mean i was out of germany are you come from italy i'm from italy i come from us taken my mom comes from new jersey. young it's the first time we had the first time that i'm here in new year and there's so many things to see if you went to see the kremlin and it was. fantastic this is the safest city has ever been and that we've been all over the world for so a lot of a policeman so this feel like i was feeling more safety like everywhere and the people i was all nice everybody was trying to help us so clean here and leave i like this to the here it will come back for sure because we find the city really amazing look down to how do you say happy new year in russia and have somewhat snow you got it. off. cities across the globe of welcome in the new year of course with fireworks and big celebrations here are some highlights from around the world. a raft of new faces stepping into the political arena around the world and the year off with them plenty of opportunities to get up close and personal with the old god although not all things went entirely smooth me. i. hope. no

italy? >> in italy. in northern italy, yes. no complaints. >> jimmy: yeah, exactly. it's a gorgeous place.t it sounds great. [ light laughter ] but you -- so just met him there and you go, okay, hey dude, we're going to have to really get to know each other. >> yeah, that was exactly it. i mean, yeah, we had one rehearsal that was like a nice ice breaker and, you know, i don't have to tell the whole story but, you know -- [ laughter ] >> jimmy: yeah, yeah, you'll see. >> yeah, you know -- >> jimmy: yeah, okay. >> that's my brother now. that's like really, like, we had the natural board review awards last night. and then i was like, he's in bed with his wife last night i'm his hotel room, and i don't know what gave me like free license to like -- i was like, i'm going to get in there with you guys! you know. [ laughter ] >> jimmy: why not? >> those guys are like -- they're like family now. i swear to god. >> jimmy: by the way, who plays your dad again? >> michael stuhlbarg. and this -- this man is like, the -- one of the greatest actors working today, and you know, he doesn't make -- you kn

italy. >> italy is a good example of one of his major frustrations. the state department and in a thousand days it's one of the few things he does wear-- dean rusk is kind of sliced and diced. he believes in something that he has written about the need to encourage the non-communist left when he sees the emerging italy, something called the opening to the left. he wants kennedy to encourage a broad coalition that takes in the non-communist left and pushes the communist out in its wake, so that is a good example of something he takes an interest in and can see. >> in a sense it's really a follow-on to the vital center, i mean, if building and not being afraid of social democrats knowing full well they are as anti-communist as conservatives. >> yeah, and that in a way is all part of the context of the younger schlesinger. one thing we have to remember is that he corrupt in the 1930s and to some extent he has this monarchy and worldview that sees the rise of fascism and autism on ones died-- as i come a stalinism on the other side and kind of roosevelt in democracy as a beacon in the middle, so by the time it gets to the 40s having worked in seeing penetration by people he worked with whom most certainly was a soviet agent he recognizes that you have to find a way for the non-communist left in the non-

you come to miami i was out of germany we come from italy i'm from italy i can ask if you comes to new jersey. yeah it's the first time yeah it's the first time that i'm here in new year and there's so many things to see. we went to visit their kremlin and it was so. fantastic this is the safest city has ever been and that we've been all over the world for so a little police and so does feel like i was doing the full safety lights everywhere and the people are so nice everybody was trying to help us so clean here and i like the food here it will come back for sure just please find the city be amazing. don't shoot how do you say happy new year in russia and somewhat snow you got it cut off. twenty seven thousand so a raft of new faces in the world's political arena with plenty of opportunities to get up close and personal with the old gods those things didn't always go smoothly . it was a complete i just told us to. cut . costs. both china and this was. part. and one of the most anticipated events of twenty seventeen was the start of donald trump in the white house the president took to

good relations with italy matter to us much much more and there's no point for us to meddle there because we know that whoever is in power in italy there is a national consensus in italy for building ties with russia and on the whole. you know that. russia eataly ties will develop in a positive way why would we do that that's a provocation in the end their goal is to undermine. this consensus for developing ties with russia they do this on purpose because they want to target p.t.o. the current level of our relations this is done by some forces outside of italy and not in need to lead self and we are aware of that and we know what's going on then we keep this in mind when we work with our italian partners we maintain contacts with many political parties and intelligence services in italy we have been offering all along and we just to renewed this offer recently to set up a working group for example on cyber security. to do it. he said you know to to work together on this matter in a transparent way. in order to work on those threats together. with mr putin i have to use this opportunity. i would imagine it is a difficult time and. even though we are. they calling me is

of nato in afghanistan remove all forces, italy refused, karzai refused to release the men, the delavan beheaded the driver and the sixer, italy panicked, italypaid a huge ransom and it was the first time that a government paid a ransom for a western kidnapping victim. there was never a chance for the pearls to have an opportunity or the burkes. a few months after that, very naÏve, south korean missionaries, christian missionaries went to afghanistan, it illegal to evangelize for christians in the italian embassy, the catholic church, anybody whether you are a soldier or foreign worker, the only place to go to church in afghanistan. they were kidnapped. two people were killed. the south korean intelligence agency paid, according to reuters and others, $22 million. the united states tracked them down and killed them all and i was next. demands for me was $1.5 million and three men from guantÁnamo. the next person after me with the new york times, his demand was $25 million which quickly came down but in his case or in my case they called me the golden goose. a week after david was kidnapped i was out and went to the new york times and they sta

italy refused to release the me men, the taliban and beheaded the driver and beheaded the fixer. italy panicked, italy paid a huge ransom and i was the first time a government paid a ransom for western kidnapping victim. there was never a chance for the probes to have that opportunity. a few months after that 23 very naÏve south korean missionaries went to afghanistan. it's illegal to evangelize if you're christian, there's only one church in the italian embassy, a catholic church where anybody, whether your soldier or formwork or whomever, it's the only place you can go to church in afghanistan. they were kidnapped. two men were killed, the south korean intelligence agencies gave 22 main dollars. the united states track them down and kill them all and i was next. the demand for me was one and a half million dollars and three men from guantÁnamo. the next person after me was the new york times and his demand was $25 million. it quickly came down, but in his case, or in my case, they called me the golden goose and a week after david was kidnapped i was out and i went to the new york times and they star

piece entitled berlusconi could end up holding the aces after italy's election and talks about the prospect for italy for the governance of italythe election set to take place in may of this year. uncertainty has put equity and fixed income markets under pressure in recent months. this chart highlights that greeted the portugal 10 year yield, above italy's from 2000, from july last year but even before that. the white line is the italian yield. crossing at the end of last year. -- only greece's 10 year bond yield and italian stocks have trailed germany and france over the last three months. italy's 10 year bond yield touched the highest levels october. on jay gray second, that is italy. for exchange holdings in china rose by 129 billion dollars in 4017, posting the first annual gain since 2014. tighter capital controls. by 20.7 increased billion to 3.1 4 trillion. the white line exceeding estimates. the big mover in european equities, a big tech company in the u.k., shares getting hammered down by 17%. biggest slump in seven years producing falling sales, .eporting revenue the low end of its forecast range. a sign investors are

the real economy in italy is recovering about 1.5 gdp growth 10 years ago in italy, so i think we are in a very good position. i am not worried at all in italycine: what are you worried about? if you look at the outlook going forward, is there something you want to fix? carlo: it is clear we are affected with the italian really economy. in the end, in italy, we will have a government coalition. ofking on the real point weakness and reinforcing points of strength of italy. place inl remain a which you can stay because there is a lot of wealth in a tight and families. francine: are you any closer to an m&a target? are you still interested and are you looking at something right now? m&ao: we are not looking at at all. we want to look at a possible option for growth in china because we think europe, more or less, is something we cannot have growth exceeding the growth in italy and in italy, we exploit our -- with our client base. francine: for our viewers and areeners on radio, there one or two helicopters flying by. i don't know whether it is the trump administration, but it is loud, so bear with us. maybe they want to give us an exclusive inte

italy where you add to growth in italy. they have an election coming up march 4, but the challenge for italy is simply population growth. growth of bodies to create economic growth, don't you? maurice: there's a debate about that. they probably helps, but we also focus on per capita growth. tom: italy has eased up a little. maurice: italy's level of output has not recovered from precrisis levels. it has been very slow growth. to havto have a big challenge. they have some structural reforms in the need more. -- and they need more. the potential is there, but you need strong commitment to reforms and those are hard. tom: paul krugman has been very vocal about linking tax cuts into the assuredness of growth. i'm sure you have seen the different articles and the raging debates between kevin hassett and paul krugman. 20 and 30 years on from these classic textbooks in terms of how we make growth? how do we do growth? did the tax cuts help? maurice: if we look at the emerging and developing markets, we have seen them open up. we have seen them reform. we have seen them introduce monetary and fiscal frameworks that are consiste

italy germany carried out numerous anti-mafia re some one hundred seventy people were arrested suspected of belonging to one of italy's strongest organized crime groups police say the mafia was planning to expand from germany into switzerland. it was a huge police operation stretching from southern italy all the way to germany suspected members of one of italy's most infamous mafia groups were arrested in four german states. this is to consider. worked closely with the italian anti mafia police. they also made numerous arrests this morning and asked as to risk the suspected mafia members leaving here involved in voting their. fists. in total more than one hundred seventy suspected members were arrested in italy and germany police also seized more than fifty million euros in assets. the mafia hails from the region of calabria in southern italy in the town of chiro the clan is said to control virtually all local businesses their influence extends even into the political sphere something which has alarmed all for a tease. you can do that in the last election two members ran against each other. at some point the entering data had a meeting to decide who should win and worked out a deal so that both would benefit. dunder speak. from its italian stronghold the group was able to extend its c

italy still eagerly participle. at n.s.a. in italy perhaps it would have done in either way italy. in a sort of the later bombing of tripoli or through the no it was a sort of third stage but in any event i'm not here to defend the me here or to explain to you that when ulterior spinelli and the founding fathers of the utopian idea said we have to fear their way to this day what was the reason for it the reason why because as long as they enjoy is clues if silver the n.t. they will be aggressive to others and they would violate the rules this is continued this pint to the european union mostly because the european union is not sufficiently a union in foreign policy what makes you believe that even if your strength and the mechanisms of integration if you make them more formal that there is in a tendency as well rain then because there is you know as we know in politics there is always a formal way but when the formal way doesn't work you can always this is not a matter for mao it is this is a matter of sharing decisions and they are fully in made these decisions oh para teves only

i was recently in italy visiting my relatives in northern italy. i wondered how many of my phone calls back and forth were beingswept up because i was calling numbers in europe . i would like to think they were extraordinary, in vermont they wouldn't be. but now it turns out they might be. we should have a chance, this is such an important issue. it affects every single person. we have senators who go across the political spectrum, literally saying wait a minute. protect foreign intelligence but protect american privacy. that's what we want to do. we can do it if we are allowed to vote on amendments. this iscritical. every single american, i don't care what political party , they are affected by it. they expect the united states senate which should be the conscience of the nation to at least vote up or down on amendments. the bill is a fig leaf of reform. we have to find a way to make sure that americans are protected.let's have a boat . what are people afraid of. we are a democracy, not a dictatorship. let's vote. let's protect americans. right no

italy? >> where were you based at in italy? >>. [ inaudible ] >> the reason i ask, my father was a v-17 pilot and flew out of italy. he was with the 99th. >> yeah. >> my dad would have been 98 years old this year, but he told me how impressed he was with the tu tuskegee airmen. i want to thank you for everything you did. [ applause ] >> i would like to thank you, also, mr.shiply. i don't know if you know of tom joiner. do you know tom joiner? he was on the radio? fm. anyway his father was a tuskegee airman. >> yes. >> and his dad met his motototo there on the base. uh-huh. i wanted to share that nugget with you in life. >> and the audience. [ applause ] >> thank you for your service and secondly for keeping alive this story of the tuskegee. you obviously saw many exciting and memorable events. what's the most memorable day that you had in the service? >> well, about 35 or 40 planes were on fire. and that created a lot of excitement. but they wouldn't let us go into the field because they had guns going off and nobody was allowed on the field but the firemen. that was one the most memorable events i had. but i'll tel

giorgio: in italy, there is next to no critical examination of history, so a lot lives on in secret. and every once in awhile, it bursts onto the surface again. reporter: italy'sarliament, in rome, could now write history in its own way. michelle: the final passing of the bill may yet take some time, however, because a government crisis means there will be new elections in march. we recently brought you a story about dutch university students living in old peoples' homes as a way of bridging the generational divide. now the netherlands has seen the introduction of another method of social engineering to encourage friendships between young and old. but this time around, it's the older generation who are on the move. reporter: three pensioners setting out to liven up the streets of helmond -- with their brightly colored walkers-with-a-difference. the imaginative idea is, as planned, attracting a lot of attention from young people. the whole thing was dreamt up by rocco verdult, a self-styled "social designer." rocco: the goal is to provide young people with free wi-fi, so that they feel more comfortable here in helmond. and second, the project aims to motivate p

italy? what would your criticisms of italy? what are its shortcomings?m what would your criticisms of italy? what are its shortcomings?ly right. and we hear the whole mostly right. and we hear the same things from some of our sources. but there are some inaccuracies, but they are mostly small details. this was rushed into production because the publisher wa nted production because the publisher wanted it to get out there. some of the stuff, he may have heard of the record and then put on the record in the book. and there are some allegations of quotations that were not correct. but the overall impression that trump's aides privately feel that he is almost like a child in how he deals with the world, that is totally true. and a lot of the stuff in the book is accurate in terms of his daily habits, leaving the oval office at 6.30 to go to the residents and watch television if he doesn't have a dinner. you wonder what the atmosphere is like in the west wing if the president realises this is the view now of many of his staff. yeah, he already doesn't trust a lot of the staff, the girls he thinks they are leaking all the t

he was working with the italian ski team and a few other of italy's politics team. -- italy's olympic in america were looking for a guy to head their technology division that has the expertise to do stuff on his own. not just partner with people, but maybe in the time he has developed things by himself. they enticed him to come over. he's now out in silicon valley, obviously the cradle of tech and innovation. those are his people out there. carol: originally he went to their offices in colorado. reporter: i think it was pretty clear that he's probably best suited to be out closer to all the companies that the usoc is working with. carol: what was most striking with you in talking to him? reporter: the most amazing thing to me, i think a lot of these things he is working on are things being developed by massive companies, moonshot laboratories. we've heard under armour and nike and adidas talk about tech for years, a future where the shirt you are wearing tells you how much you are sweating, what you are eating, if you're hydrated, your heart rate. he has already built that. there are

italy? >> where were you based at in italy? >> oh, toronto i believe. >> ramatilli. >> my father was with the 99th bomb group in foga, italy. my dad told me how impressed he was with the tuskegee airmen because they flew cover for many of his missions during the war and he was so impressed with the ability of the airmen and all the support individuals. and i just want to thank you for everything that you did. >> thank you. thank you. >> i would like to thank you also plrks shipley. i don't know if you know of tom joyner. he was on the radio. >> tom joyner? >> fm. j-o-y-n-e-r? anyway, his father was a tuskegee airmen and his dad met his mother there on the base. uh-huh. i just wanted to share that little nugget with you, and his wife. and the audience. >> thank you. [ applause ] >> first of all, thank you for your service and secondly, thank you for keeping alive the story of the tuskegee. you obviously saw many exciting and memorable events. what's the most memorable day that you had in the service? >> well, one of the most memorable one was the night that they bombed our field. we heard a big blast outside and looked out th

italy. will be the prime minister of italy. he is at two o'clock this afternoon closely followed by angela merkel. closely followed by angela merkel. today with the european leaders taking centre stage. taking centre stage. what else is happening later on? happening later on? there are so many other sides discussions and debates. discussions and debates. of an insight, the day of the refugee, they call it. refugee, they call it. challenges pose in terms of resolving them. resolving them. refugees on the scale like we are seeing in bangladesh. seeing in bangladesh. the speakers today we have a mass of men the president of zimbabwe. men the president of zimbabwe. —— emmerson mnangagwa. emmerson mnangagwa. special interview, which i am sure viewers will see on the bbc as well. viewers will see on the bbc as well. brazil, he will give a special address this morning. address this morning. days' time, the us president will be arriving. so it is a really busy day again. i will see you later. we will be back in the business briefing. be back in the business briefing. see you soon. thank you. to tell their personal stories of sexual abuse. several of them were members of the us olympic gymnastics team. the molester was the team's doctor. after another took the stand. counts he has admitted to. rajini vaidyanathan has been following the proceedings. since you do not usually see in court. —— with their abuser. nassar‘s patients included decorated olympian slack simone biles. olympian slack simone biles. under the guise of treatment, he molested them. molested them. you used your power to get close. to get close. you are notjust a doctor, you were a trusted friend. doctor, you were a trusted friend. that is why i have been in denial for so long. for so long. i do not want to admit that suv trade and deceived me. that suv trade and deceived me. larry nassar has already pleaded guilty to 10 counts of sex abuse. guilty to 10 counts of sex abuse. victims have been invited to come forward. more than 150 did. this a teeny rolled is one of them. —— 18—year—old. —— 18-year-old. i still have sympathy. how could i be so naive. could you be the opposite —— you were so. could you be the opposite —— you were so. i will never understand. now i have said that, i want you to look at me. look at me. i believe in forgiveness, larry nassar. forgiveness, larry nassar. larry nassar is due to be sentenced today. nassar is due to be sentenced today. many of the women want him to show remorse. remorse. i want you to apologise to me right here. me right here. that you understand the hurt you have caused. thank you. described the women who told their story as survivors. story as survivors. has been harrowing but also inspiring. inspiring. it takes a lot to relive your ordeal. your ordeal. it is harder to do that in front of an attack in court. in front of an attack in court. bbc news, michigan. —— yourattacker. stay with us on the briefing. also on the programme. on the programme. heavy snow, with avalanche warnings at maximum level. at last, there is to be a ceasefire. the reaction of american servicemen was predictable. i'm going home. cricket team were attacked with tear gas and set upon by police dogs. on the protests throughout the tour. they called him the butcher of lyon. klaus altmann is being held on a fraud charge in bolivia. committed in wartime france. there, he was the gestapo chief klaus barbie. broken all records. you're watching the briefing. on corruption charges. to fire huge plumes of ash and lava into the air. let's stay with that now. week or so but causes real issues now? now? in fountains from the top of the cone. cone. them as like a jet plane coming in to land. to land. that has affected flights in the region. region. we have seen international and domestic flights cancelled. and domestic flights cancelled. people who live around there, their livelihoods are now being affected. livelihoods are now being affected. need to be watered, cattle need to be fed... be fed... villagers, a desire to return and tended to their crop. tended to their crop. are the authorities doing to help them? them? so far over 55,000 people have been evacuated from the area. been evacuated from the area. also put up a nine kilometre exclusion zone, a danger zone. exclusion zone, a danger zone. a buffer zone to prevent people from returning to their village. returning to their village. threat level over the last few days has also gone up from three to four. has also gone up from three to four. volcano could have a hazardous eruption in the next few days. eruption in the next few days. masks because of the thick ash cloud in the sky. in the sky. —— 85,000 people staying in temporary shelter. stranded in the swiss ski resort of zermatt because of heavy snow. the extreme weather has also affected parts of austria and italyof battling the snow, they are back where they want to be. a winter paradise. everything under control. 100 years ago, zermatt was cut off every winter, or winter. every winter, or winter. today requires some behind—the—scenes technology. behind—the—scenes technology. mountainsides are monitored and risk —— mapped. —— mapped. it is protected by avalanche towers, over 60 of them. avalanche towers, over 60 of them. it is a tower installed in the avalanche starting zone. avalanche starting zone. boxes placed on the tower. placed on the tower. electronic controls, solar panels to supply the system with power. supply the system with power. the towers are best seen from the air. towers are best seen from the air. tower is detonated remotely from down in the valley. down in the valley. the air burst creates a controlled snow slide. creates a controlled snow slide. coming to the alps, dell are fewer avalanche victims. avalanche victims. road to zermatt because of an avalanche. avalanche. now f

good approach these pictures show how desperate some migrants are trying to reach italy sorry excuse me france from italy by crossing the alps they're battling freezing temperatures in often inadequate clothing trying to seek a better life in europe european leaders are now increasingly looking towards the migrants home countries but some. believe that they are using the crisis to exert their influence in the region you have been you know they are feeling that they are . outside of the political settlement now example in syria they are outside in libya they started the gershon against libya then they became not a. player in internal affairs of libya in yemen this. maybe in africa we can all see that the role is very important so because of the trying to. to. rule in the mideast. israeli court has extended the detention of a palestinian teenager and her mother after the girl was caught on video hitting two israeli soldiers sixteen year old timey confronted the two soldiers in front of the house in the west bank an hour after her cousin was hit by a rubber bullet a video of the incident went viral. yeah. w

police in italy and germany have arrested 169 people in a joint operation against one of italy's most notorious mafia groups, the ndrangheta. most arrests were made in italy province of crotone, and two other mayors. the criminal network is based in southern italy, but it has expanded its reach into the rest of europe. police say at least five people have died in flash floods and mudslides in southern california. it's the first rainfall in more than six months in santa barbara county, which was recently scarred by the largest wildfire in the state's recorded history. a recording of iran's supreme leader speaking almost 30 years ago has emerged in which he says he's not qualified for thejob. the clip which appeared on social media, comes as ayatollah khamenei blamed foreign enemies for the recent unrest in his country. britain's prince harry and his bride—to—be meghan markle have visited the studios of a radio station in brixton in south london, to learn about its work supporting young people. the couple met presenters and staff from reprezent fm which trains hundreds of people every year in media and employment skills. let's return now to our top story: t

migration politics of italy's so investors feel that with forming a new government that this could take very long and that this could be harming a little bit the economy of italy ten your friend for thank you. fox wagon will not conduct any more tests involving out a ml's the company says you know when it comes after reports that german car makers financed tests in which monkeys as well as humans were exposed to toxic diesel fumes now the revelations calm at a time and europe's car industry is fighting hard for a future of the diesel engine there's no dispute that nitrogen oxide pollution is a problem levels are too high in places like dusseldorf stuttgart munich hamburg and berlin a total of twenty eight german cities exceed limits in some cases dramatically but it's not just germany france has one thousand affected areas including paris and its suburbs britain has sixteen including london in total twenty three of the twenty eight e.u. countries exceed air quality norms of germany's and our mental agency says to his thirds of night trojan oxides are produced by these legends even the cleanest diesels produce this toxic gas the e.u. commission has summoned nin

this is nonsense, makes italy, my italy, look financially stable.is not good. ♪ ♪ i can do more to lower my a1c. because my body can still make its own insulin. and i take trulicity once a week to activate my body to release it, like it's supposed to. trulicity is not insulin. it comes in a once-weekly, truly easy-to-use pen. the pen where you don't have to see or handle a needle. and it works 24/7. trulicity is a once-weekly injectable medicine to improve blood sugar in adults with type 2 diabetes when used with diet and exercise. it should not be the first medicine to treat diabetes, or for people with type 1 diabetes or diabetic ketoacidosis. do not take trulicity if you have a personal or family history of medullary thyroid cancer, if you have multiple endocrine neoplasia syndrome type 2, or if you're allergic to trulicity. stop trulicity and call your doctor right away if you have a lump or swelling in your neck, severe stomach pain, or symptoms like itching, rash, or trouble breathing. serious side effects may include pancreatitis. taking trul

italy? >> where were you based at in italy? >> monicavina, toronto. >> the reason i asked my father was a b-17 buy lpilot with the bomber group. he told me how impressed he was with the tuskegee airmen, because they flew cover for many of his missions during the war and he was so impressed with the ability of the airmen and all the support individuals. i just want to thank you for everything you did. >> thank you. thank you. >> i would like to thank you also, mr. shipley. i don't know if you know of tom joiner. do you know tom joiner? he was on the radio on f.m. tom joyner. his father was a tuskegee airman. >> yes. >> his dad met his mother there on the base. i just wanted to share that little nugget with you, and his wife. and the audience. >> thank you. >> first of all, thank you for your service. secondly, thank you for keeping alive this story at the tuskegee. you obviously saw many exciting and memorable events. what's the most memorable day that you had in the service? >> well, one of the most memorable one was the night that they bombed our field or scraped our field, wasn't it? we heard a big blast outside and looked out the door and all the planes, a lot of the planes, about 35 or 40 planes was on fire. that created a lot of excitement. they wouldn't let us go up to the field because they had guns going off and ammunition. nobody was allowed on the field but the firemen. that was one of the most memorable events that i had. but i tell you something else we did, when we didn't have material or the 99th did. when their planes were shot, they couldn't find any material to patch them. they used beer cans to do that. >> you were forced to empty those beer cans first? >> they found some empty ones around there. that's some of the ways that we maintained those airplanes and kept them in flight. if we had to, we would work all night to get that plane back in shape the next morning to go. >> i want to thank you and i want to verify your talk about bringing a grandfather home. i was 16 during world war ii. we lived in lincoln, nebraska, for one year and i met a young man who was being trained to be a nose gunner on a b-24. he was sent to italy and he wrote back from italy and said the tuskegee airmen had saved them many times when they were finally asked to escort the b-24s into berlin. you can imagine what this young man saw sitting in the nose of that plane. the flack that they had to fly through and some of the planes going down. he said he could thank the tuskegee airmen for escorting them. he came home. i just want to thank you and verify what he said, that we really do thank you for what you did. i've talked to a james shepherd who was also a crew chief in italy. i don't know if you might have known him or not. >> yes, yes, i did. >> did you really? >> he lives in one of the veterans homes in maine now. i have never met him but i know a woman that has dwon gone to sf the tuskegee airmen reunions in florida with him. she lives here in kansas city too. so thank you very much. >> we had a pilot by the name of colonel mcgee. pardon me. he was called, ready to go. ready to go mcgee. any said you could call him any time, da

italy has a very big problem. areitalian politics complicated. italy has not really been participating in the resurgence of growth in europe. francine: is italy the biggest risk for growth in europe? >> i think it is the biggest risk. if that happened, the euro prices would move again. francine: are you worried about the coalition, which would be spearheaded by berlusconi cutting back on reforms, or are you worried about the far left fighting the movement coming into power on march 4? >> i am not worried about the five-star movement coming into power. what is a concern is that a coalition would -- could put the question of the euro up to a vote. very popularis not among many people in italy. because italy has been struggling. youth unemployment remains very high. eurozone,s in the that is where i worry. the reforms in the eurozone have not gone very fast or very far. what i worry about is the fact ist europe is recovering actually -- and the problems in the german political scene are making reforms in the euro very difficult. francine: professor, tom keene joins us. tom: it was a wonderful panel tz came up three times. we are talking about th

in italy that's how poor southern italy was. that was it. they were not great. it doesn't matter if you don't have the skills. we needed those types of people back then. and people inside bright work bart didn't like his comments. and he was ousted. here is the interesting thing. he is plotting his future. this is what he's telling people. he is telling people he sinking about returning long-term to the news business. that's a long-term goal. they are trying to set up they lost that. to support he is going to do that. he is appointed go that route. he is talking about creating the think tank. through populist nationalist ideas and yes the notion of coming back to the media business is there. the mercer's are not crazy about it. the internet billionaire who still remains close with. just think about this. and says listen you don't make that much money. i'm going to give you $10 million to bright -- to buy breitbart. that's a lot of money to say no to. that is the notion. that's what people around benin are talking about. this is real this is what he saying. over

italy. that is the most important thing for europe and italy. italian bonds now is on the high side. tom: let's talk about make america great again, and my phrase for the year, make davos davos again. you will want to stay for that. your briefing in the morning, you are captured in your car, captives. bloomberg daybreak, you can do that in new york, san francisco, washington, nationwide. 119.s stay with us. this is bloomberg. ♪ taylor: this is "bloomberg surveillance." i am taylor riggs. u.s. senator is calling for an investigation of us stocks sell from the intel ceo. there are reports he sold more than $20 million in intel stock before the company made public the chips were vulnerable to hackers. jack reed and john kennedy call that troubling. intel says it will cooperate with any inquiry. there are reports the weinstein company is close to being sold. the troubled film and movie studio founded by harvey weinstein is likely to be bought by a group of investors led by former oh obama administration officials. managerire bond forecasting the s&p

italy elections, are you worried? how are you preparing for it? james: we downgraded italy last year, actually. if we were to have this discussion one year ago we would be worried about italy leaving the eurozone. that seems to be off the table. nobody is talking about taking italy out of the eurozone. that seems to be no longer an election issue, but what is is the fiscal stimulus and the degree of fiscal easing that could come on the other side of the election, assuming we have a government that could deliver. debt in italy is over 130% of gdp. the deficit itself is not that high, but the debt burden is very high and the debt dynamics are very poor. we are focused on the fiscal dynamics that come out of this election. guy: oil, brent, approaching $70 per barrel. how does that change your view? james: it is a little bit higher than our forecast for the year was. we expect there will be a supply response. we still expect oil prices to come down. 60range of sort of $50 to dollars, we think that is the goldilocks of not too high for the importers and sufficiently high for the exporters. where we are now, a little more pressure on prices and a little more inflationary in the

italy's current politics and also in their desire to stop the new anti fascism nor. the law that they're planning is garbage. it's wrong to ban history. really for me the most the linear was italy's greatest since the roman empire. this law is really past all hell will break loose that's why i hope it will pass. the twenty seventeen anniversary of muscling is march on rome runs its usual course neo-fascist celebrate their ideology and themselves with zero intervention on the part of the police but this celebration in honor of ill do che may be the last of its kind if italy's parliament indeed passes the law something the mayor of production would welcome it. because the key is to divorce because in italy there is next to no critical examination of history that will do this year so a lot lives on in secret critical for an every once in a while it burst on to the surface again to feel. it elice parliament in rome could now write history in its own way. the final passing of the bill may yet take some time however because a government crisis means there will be new elections in march we recently brought you a story about dutch university students living an old people's homes as a way of bridging the generational divide now the netherlands has seen the introduction of another method of social engineering to encourage friendships between young and old but this time around it's the order generation who are on the move. three pensioners are setting out to liven up the streets of hair more and with their brightly colored welcomes with a difference. the imaginative

try to bring you the biggest global stories, we have heard from ethiopia, iceland, italy, france, ethiopia, iceland, italys nine can marry. you can imagine how that's gone down. this tweet, children should play at the parks not be a bride at an early age #diyanetkapatilsin. this hashtag means ‘religious state body should be closed down'. as well as this, the main opposition party wants a parliamentary inquiry. the context here is that turkey has a high rate of child marriage. official figures say 15% of girls married under the age of 18. that figure may actually be higher as some marriages in rural areas are not registered. the law on this in turkey is a 17 year old can marry — but only with their parents‘ consent. below 17 is illegal. evidently, that's not put off the religious authority. here's cagil kasapoglu from bbc turkish. tu rkey‘s turkey's state religious body has said any child who has reached puberty can get married, and girls can conceive a baby. and when they talk about puberty, they give the age as nine for the girls and 12 for the boys. so this has sparked huge controversy, particularly on

italy. the reason we watch italy closely is there is a lot of anti-euro sent bubbling around in the italian populous f that comes to fruition, there could be some testing of the italy'suropean union. that is our big risk >> so where do you put your money right now? >> we are very pro risk. we like a lot of the equity markets around the world the u.s. mid aej large cap stocks we like europe em for the long term play. the area where we're not liking is government bonds. the big risk of inflation and rising interest rates will cause duration sensitive assets like government bonds to suffer this year we could put a little bit more money in credit. really, we're looking at equities as a way to gain returns in 2018. >> and we have to wrap where do you put money right now? >> still overweight equities and at the margin, favor international equities versus u.s. equities at the margin. >> great thank you both for joining us. >> and as we head to break, taking a look at shares of twitter. sliding a little more than 1.5% on news that chief operating officer anthony noto is leaving the company to become the ceo of sofi more "squawk alley" straight ahead. directv has been rated n

not the european union it could never have been a european initiative but the italy still eagerly participated in it so italy perhaps would have done it either way it's early. in. the. major bombing of tripoli through the no it was the sword took food stage but in any event to defend the me here or to explain to you there. has been a leader in the founding fathers year. or so we have to fear their way to this day it's what was the reason for it the reason why because as long as they enjoy. clews eve so good and they were really aggressive to those and they would violate the rules these this continued this spying to the european union of mostly because the european union is not a union in foreign policy what makes you believe that you even if you strengthen the mechanisms of integration if you make them more formal that there is a tendency as will be rain then because there is a you know as we know in politics there is always a formal way but when the formal way doesn't work you can always use is not a matter for mallet is this is a matter of sharing decisions and their food made these decisions. only after t

over five thousand people died between libya and italy or turkey and greece. or italy the following film was first broadcast in two thousand and seven well before today's conflicts in the.