mario monti: it could. would hope the cumulative experience of leaders will influence him too to become slightly less populist, as the italian leaders are trying to evolve. so, this must not really be allowed to escalate out of control. eu can exercise a moderating and of course, we on the that germany is finger pointed by the u.s. and others for its surplus.ssive they do not call it excessive, but it is a huge surplus. within the rest of the world, how to deal with internal imbalances within the union the little used policy out of brussels, the macroeconomic balance procedure, which is triggered not just when ountries have an excessive public finance policy or debt, but if they have growing and exceeding trade surpluses that imbalance the economy. francine: wouldn't that be brussels going to war with germany effectively, meanign tht germans are be less likel -- meaning the germans of the less likely to integrate? mario monti: if i was in brussels, as i was a number of years ago, i would be tougher on germa

there is no doubt in mario monti's might that a trade war has begun, and the former a tie-in prime ministerith francine lacqua. war -- i in a trade think it is there with possibly a looming expansion of a trade war. willurse, the consequences be very negative throughout the world. the trump administration has given europe a waiver on steel and aluminum tariffs, but the waiver expires on may 1. fema administrator says it will take up $50 billion to help rebuild puerto rico following hurricane maria. he said the goal is to make the islands bridges and electrical grid as strong as possible but noted officials are running out of time because the next hurricane season against june 1. more than 50,000 people remain in the dark six months after hurricane maria slammed puerto rico. toanizations that pledged provide over $11 billion in loans and grants to help lebanon. the conference in paris also aims in ensuring the money is well spent in a country hit hard by the syrian war next door. french president emmanuel macron paste the efforts as crucial to building the conditions for a sustainable peace

she will be joined by mario monti and jacob frenkel, and dr. doom himself.calls pr for another $100 billion in tariffs. powell's await jay update on the economy. sheryl sandberg, the coo of the embattled social network, talks to bloomberg about regaining confidence of the 2 billion users.