it's salvini's country now. and the message that mr salvini was this.t it was not just a it was notjust a message to migrants, it was a message to italians. i spoke to a man who knows mr salvini as well as any other politician. earlier i spoke to alessandro morelli. i asked him the same question i asked our friend i asked him the same question i asked ourfriend in rome. is he popular be, populist? >> traffic—macro: translation: of course. the single currency, the other two rules made by people not elected by anyone. populist means antiestablishment and to fight for the people. look, we're sitting here ona park the people. look, we're sitting here on a park bench. this is called populism. being close to the people. understanding their needs and then bringing them all the weight to the top level where the power is. even top level where the power is. even to the european union. many people would see populism as being against what the european union stands for. why do you wants to stay in the european union? translation: we are the real europhiles. because

. >>> italian banks trade lower as salvini says europe's institutions are ganging up against his country. >>> and the global bond selloff cools as treasury yields retreat from multi-year highs after president trump blames the fed for moving too fast. >> i like to see low interest rates, the fed is doing what they think is necessary, but i don't like what they're doing. >>> sterling rises on hopes of a brexit break through as british minister dominic raab says it is time for the eu to match britain's pragmatism >> we should stay resolute and focused and i feel confident we will reach a deal this autumn. >>> there's been a bit of soft start to today's trading the stoxx 600 is down more than a tenth of a percent as you can see, if we look at the individual markets behind the numbers, the major indices in europe reflect that the ftse 100 down. the xetra dax in germany is down a quarter percent. in paris, the cac 40 down 0.4% the minute minute is down 0.10 telecoms performing quite well up 1.5%. oil and gas up 1%. tem cal chemicals, technology and household goods down more than 1% the luxury

well italy's salvini has been building his anti immigration bloc across europe for some time recently meeting with another one of the boys hungary's prime minister viktor orban and it seems that the two have said that they will fight together against any pro migrant stances from politicians they say such as france is a man you are not corn and it seems that this is a shtick that many voters like and seem to be varying towards if you look. at the trend over the last year or so there has been a movement towards these anti immigrant parties they've been good results for them in countries such as sweden germany denmark and the netherlands as well as in other countries some people are predicting that this trend could continue for them into those elections next year in two thousand and nineteen and it seems that these anti immigrant parties according to some analysts could reap as much as an increase of sixty percent of the vote. of the richest in national elections in a number of states. citizens are not so trusting. to globalise the group. is that you should. do so because. giorgio. was k

look at the salvini phenomenon in italy and so on. we are losing the battle.his is the time to regroup across a broad alliance of progressives, democrat, liberals, left—wingers, that have civilisation at the heart. before we drill down into the detail of that analysis, i do want to ask you whether you think it is justifiable to, as so many progressives and leftists do, use this trope about europe today looking like europe in the 1930s. historian niall ferguson addressed that recently, saying it is nonsense and lazy. if one takes one example, that is italy, you've just mentioned mr salvini, you talked about neo—fascism. the truth is that since mr salvini came to power, and i spoke to him the other day on hardtalk, he actually has abandoned many of his more radical positions, particularly on leaving the eurozone. well, he hasn't. he has strategically placed this on the back burner for a year. and we can discuss this next year. but what he has primarily done is that he has used the same storyline from the 1930s of promising the average italian, whose income has b

salvini says that citizens look beyond spreads when they vote. right now, the 10 year spread is above 300 basis points. for how long will citizens ignore spreads? has been talking about having the spread for beent and the -- taunting. there are both looking beyond the european commission. the people in power now. they're looking at the time a few months hence when the mandate will have ended, and they're looking for the may parliament elections. they say they want to take power then and then try and change the rules. guy: what is the reaction from brussels? so far, all they have seen is the fiscal deficit targets. the reaction has been negative. they are waiting to see the draft budget plan, which the populist government has to submit by october 15 for approval. endearing salvini himself to voters or do they dislike this kind of hardline talk? the opinion polls a show that they are in favor of the european union and euro. when you talk to officials of the ministries, and mostly in the league, they are very orfident about winning making huge advan

comments were out yesterday about salvini and whether the government would change its policy if he saw market run of 400 basis points break out between bunds and the ten-year italian bond he said we would not change course under that scenario what do you make of an event like that if it were to transfire and what transfi transpire? >> if you look at what's going on in italy and compare the spanish spread, you can barely see an impact. i think if you were to see contagion that would be much more disruptive, require an ecb reaction but at the moment the market perceives the risks as being italian specific i think so long as we have an absence of capital fight from italy, additional banking stress, all you need is for things to stabilize. >> couple of questions around what dimaio and salvini would need to do to try to create a bridge with europe there already have been rumors around the longer term budget numbers, which they want to be higher is that not enough to prove they are trying to mend ways with europe >> the main thing that needs to happen is they need to sit down on the same tab

. >>> i tatalian deputy prime minister mateo salvini says there will be no backtracking on the debt target. >>> and bank of finland governor ollie raines says he wants to stick to commitments and praise the rules as he looks at the ecb's forward guidance. >>> and danish authorities order danske bank to reassess its capital levels >>> let's look at the european markets. a lot of red on that board the stoxx 600 down almost half of a percent at this stage of the morning. let's hone in on the individual markets. all four of the major indices in europe are in negative territory. the ftse 100 is down more than a half percent the xetra dax is down a third of a percent. the cac 40 is down 0.66% the ftse mib in italy down 0.40%. let's check in on the sectors across the continent oil and gas is up 0.62%. household goods down almost 2% at this stage. utilities down 1.5%. the italian deputy prime minister, mateo salvini, said the ruling coalition will not backtrack on the spending target even if the spread between italian and bond yields hits 400 basis points the ftse mib already down. some of those s

million european citizens their futures back firstly the italian and french people well a pen and salvini have both been branded as populists by the mainstream media and also by their political opponents some have even gone as far as branding them as fascists populists like salvini in orbit want to create division by turning europeans against each other well that could be because both have campaigned against mass migration into their respective countries they've also campaigned against austerity measures imposed on them and they are hoping that the two thousand and nine hundred european elections could signal a sea wave of change and that their parties will be leading the charge on services or do we are at a historical moment this is history with a capital going to be written in may twenty ninth it is the emergence of a europe of nations a year of the best a year of protection next you will italy's selvi and he has been building his anti immigration bloc across europe for some time recently meeting with another one of the boys huh. it's prime minister viktor orban and it seems that the tw

vonnie: salvini says citizens look beyond spreads when they vote.ight now, the 10-year spread to german bonds is above 300 basis points. for how long will citizens ignore spreads? john: salvini has been talking about having the spread for breakfast and has been taunting the gentlemen of the spread. basically him, i was with him this morning when he was looking beyond the european commission, the people who are in power now. they are looking to the time in a few months where the commissioners' mandate will have ended, and they're looking to the european parliament elections in may. they say they want to take power then, then try to change the rules. jonathan: the italian deputy prime minister saying, he is sure the spreads between italian and german bond yields will not reach 400 basis points. saying an interview on italian tv, should i change my policies on the basis of what some speculators decide in the morning? no. how has this been taken in italy? dan: so far, these comments from the italian treasury minister this morning, who testified again in

italian banks rally after a report that rome could be ready to reduce the deficit target, but mateo salvini claims there are those in europe who want italy on its knees. >>> a remarkably positive outlook for the u.s. economy, jerome powell says these are extraordinary times. >> the u.s. economy is doing extremely well inflation is up to 2%. i spent a long time indicating that i think inflation needs to get up to 2%, and here we are. i think things are going well this is something that can be continued for a number of years. >>> tesco shares sink after the grocer misses half year profit expectations thanks to weaker sales in asia and mainland europe. >>> and stock in reverse aston martin slips in its long-awaited debut a share price of 19 pounds values the british carmaker at more than 4 billion pounds >>> welcome to the show. to bring you some eurozone pmi numbers, the final numbers for composite future output, 62.1 against the flash of 61.9. services pmi 54.7. that's against the flash of 54.7 the final composite pmi, the one we should be watching, 54.1, slightly lower than the flash 54.2 t

deputy prime minister mateo salvini called on roam's come's coalition government to stop fighting willemrussels and has been following this story. what's interesting is we're starting to see a bit of cracks emerge in this coalition, aren't we >> well, i wouldn't go that far, but this is to do with one element of the government's draft budget plan. it's around an amnesty for a lot of italians who have not paid back taxes there are questions around whether it will be five years worth of back taxes, more, whether there be a limit on the taxes that need to be paid back. it's not a huge number in and of itself when it comes to the overall budget, but it is significant because, as you say, there are disagreements between lega and five star when it comes to this. this dates back to electoral promises made by both sides. in terms of the bigger fracture between italy, the government in roam and the european commission in brussels, that does not seem to be closer to reconciling. we have pierre moscovici talking about essentially what concerns them and what they've seen from the italian numbers. it

italian deputy prime minister matteo salvini says his government won't budge on its twenty one thousand budget despite e.u. demands he says italy no longer wants to be a quote servant to silly rules brussels rejected rome's draft proposal and has demanded a revised spending plan within three weeks credit ratings agency moody's has downgraded italy to a notch above junk status pointing to the country's significant. now italy's planned budget includes a citizens wage the basic income scheme is aimed at pulling the poorest italians out of poverty but it will cost ten billion euros and is likely to drive up debt. inside a job center in a poor naples neighborhood dozens of people are filling out the same form. a team of five employees helps them but they use paper clips and piles of folders more than computers. soon the job centers will be launching a new welfare policy but no one's explain the details to local officials. all seat fighting ended with today we've met two or three times and labor minister luigi di maggio asked us to explain our difficulties and that but every region has differ

deputy prime minister months ago salvini doesn't think so during a visit to romania he said there's no going back on the budget ramping up the rhetoric he accused the e.u. of attacking not a government but an entire nation. we asked our correspondent in brussels max hoffman what happens next and how defiant the italians really can afford to be. it's hard to predict with this government we've never had a populist government of this nature in a big country in the euro zone so predictions like i said are very hard and what's coming out of rome or in this case out of bucharest from the head of the right wing populist league on north isn't very encouraging he made a very clear they're not going to change a thing of course he's not the finance minister and then you have a thing called the spread now the spread bear with me a little complicated is the difference between what italy has to pay for its debt and what germany has to pay for its debt obviously german debt can be acquired much cheaper or the germans have to pay less to to borrow money and you have to pay much more because there is a

deputy prime minister mathias salvini doesn't think so during a visit to romania he said there's no going back on the budget ramping up the rhetoric he accused the e.u. of attacking not a government but an entire nation. or we were warned that this could happen scientists in austria say that they've detected my quote plastics in stool samples from human beings now what isn't clear yet is what effect if any the particles can have on the human body the impact of plastic waste on the world's oceans and as a consequence on the global food chain is so broad in scope that there is no end in sight but one thing's clear michael plastics are taking up what appears to be long term residents in human beings that's what scientists have concluded in a study they presented at a medical conference in vienna. eight volunteers from europe and asia who took part in a study spent a week subsisting on food packed in plastic and drinks from plastic bottles they also consumed fish and seafood. the stool samples of the participants revealed particles of micro plastics but it's not clear whether they remain in t

. >> he was flanked by the two deputy prime ministers, luigi dimaio and mateo salvini and giovanni tria was also in that meeting. mr. salvini also positive about the government's prospects because of this government being passed >> translator: i'm extremely happen pichlt we're ke happ happy. we're keeping our promises we're not raising taxes of any kind for 2019. >> the measure also have an impact on the government's spending plans and revenue take from taxes any changes include freezing of the taxes, also the universal income is a sizable chunk of the differences in terms of spending plans. i had a chance to try to walk through some of these details in terms of what it may mean, it was said in terms of the economic growth forecast, those are possible but they are taking a bet on their plans to get people spending money through the basic income, and in terms of the assessment they made of borrowing costs in the future, that's where he thinks they'll have difficulties. he used the word optical illusion to describe them. if we see the spreads staying as wide as they have been, it will be

salvini leaving the next european party., where , there is as great steady rise for the nontraditional parties. i do not think you can turn around that with any of the policies on the play. francine: are you buying unds?-term b patrick: we buy it when it is yielding 3.1%, 3.2%. are you adding to it? i think our view would be that to use the marriage metaphor, well that is intact, we do not want to be in the house. francine: what would make you change that? elections, would that make you more easy with the currency situation? gene: the market would like this notion of a center-right government. i do not think we would feel confident it changes the dynamics or solves the debt sustainable very -- debt sustainability problem. persist and it turns into a collision at some point. until you have that, it is hard to see why should get excited about italian debt. themes has been the collision unilever faced and theirean values domicile in the netherlands. has it been a good week for the city? did we reaffirm you need to do business i

salvini talking in rome and italian bonds tumbled, stocks tumbled. move on anxiousness from italian investors. tom: let us get to first word news. here is taylor. taylor: starting in brazil, jair bolsonaro is closing in on the presidency after dominating the first round of voting. bolsonaro wound up with 46% of the vote, just short of the majority needed to win outright. bolsonaro will face fernando had dad in a runoff october 28. brett kavanaugh will be at the end of the supreme court bench tomorrow when he hears his first argument. the newest justice will still be the center of attention. the senate ended one of the most contentious battles over the weekend, narrowly voting to elevate kavanaugh to the high court. he will have to define himself there and win the trust of his colleagues. president trump says he hopes to see kim jong-un in the near future. mike pompeo reported progress in a meeting with kim in pyongyang about a second summit. pompeo's visit was not expected to resolve issues over getting north korea to give up its nuclear weapons. int

. >>> mateo salvini says rome will not change its 2019 budget proposals.brussels can send as many letters as they want but italians come first. the eu economic affairs minister said he hopes to begin a constructive dialogue with italy. yesterday the european commission asked for a revision to the draft plan. rome now has three weeks to submit a new proposal or italy could face disciplinary action those comments from salvini saying the government in rome would not back down on budget plans seems to indicate challenges ahead >> in regards to the exact nature of measures, we will help to do more in depth assessment, frankly we have certain concerns of some structural reforms implemented by previous governments being rolled back. this will now be a matter of the country report, which will be preparing later in our european semester at current stages of the procedure, as i said, we're assessing the 2019 draft budgetary plan, but there will be later steps like country specific reports, recommendations where we will look at the broader set of macro economic polic

southern neighbor italy kicking up a fuss about berlin's migrant stance italy's interior minister matteo salvini has threatened to close his country's airports if germany goes ahead with rumored plans to send migrants back on chartered flights forty one in brussels is thinking of dumping dozens of immigrants in italy through on or through as chance of flights they should know there is not a move be any airport available we will close the airports we closed the pool. without limits and without rules would lead to design stuff is the difficult to understand criticize as much as you want on room stop the situation highlights the tensions between e.u. states over how to deal with asylum seekers italy wants an automatic distribution of migrants throughout the european union currently they are required to stay in the country of entry into the bloc germany has already returned at least six thousand nine hundred migrants to italy in the first half of the year but berlin says it has no plans to send any migrants in the coming days. another rule is that all migrants that are picked up in the mediterranean

italy's salvini has been building his anti immigration bloc across europe for some time recently meeting with another one of the boys hungary's prime minister viktor orban and it seems that the two have said that they will fight together against any pro migrant stances from politicians they say such as france's emanuel matt corn and it seems that this is a shtick that many voters like and seem to be viewing towards if you look at the trend over the last year or so there has been a movement towards these anti immigrant parties they've been good results for them in countries such as sweden germany your son whoever believes you should mainstream media were shocked after the election c.n.n. invited people who voted for barack obama but not hillary clinton. or anybody both for anybody nobody but you. and you are never going to get it and it will be looked at so i guess. i did it. she scared me in america politics is often the case nowadays firmly tied to identity so ironic as it may seem perhaps not so surprising that self-proclaimed feminists and women's rights defenders now lecture women on

luigi di maio is matteo salvini's coalition partner and also deputy prime minister.ay "this is the first italian budget that the eu doesn't like." "this is the first italian budget written in rome and not in brussels!" when we were in milan a few weeks ago, we spoke to the journalist anna momigliano — this is her take. "in the short term, this eu commission thing is a boost to the government narrative" and anna joins me again now. —— i was able tojoin earlier and she said what she meant by that. this government is run on eurosceptic. they present themselves as the true independent government. what is happening right now, it allows both the league and 5—star to say "see, we are the true people —— tripathi of the people. of people living in brussels. —— the league and five star. italy is one of the most eurosceptic countries across the area, this general feeling among people, the europeans people but these bureaucrats don't want money spent on more people. and in the short term... 0h, spent on more people. and in the short term... oh, and i have the feeling that we are

claims that italy's debt situation is out of control and that salvini is government needs to tighten its purse strings and fulfill its obligations the euro skeptics say it doesn't have anything to do with money since there are other states with bloated budgets that have never felt such a heavy hand from brussels this is the first time in budget the e.u. doesn't like no surprise this is the first italian budget written in rome not in brussels. the italian economy is healthy and this is an economic move that will give italy to stability it needs we won't change one comma in this document to. be you know to go to. the. on. the future. spain belgium portugal and slovenia have all been in violation of the e.u. agreements in the past and for years france has broken the three percent deficit threshold imposed on it by the e.u. as for debt it's been in the red since two thousand and two and only this year the second largest european economy received a carefully worded letter in response asking all very politely to reduce its debts . we thank you for sending the from twenty nine thousand draf

deputy prime minister mathias salvini doesn't think so during a visit to romania he said there's no going back on the budget ramping up the rhetoric he accused the e.u. of attacking not a government but an entire nation. for earlier we asked our correspondent in brussels max half ben what could happen next in helmand defiant does he think the italians might yet become. it's hard to predict with this government we've never had a populist government of this nature in a big country in the euro zone so predictions like i said are very hard and what's coming out of rome or in this case out of bucharest from the head of the right wing populist league on nort isn't very encouraging he made it very clear they're not going to change a thing of course he's not the finance minister and then you have a thing called the spread now the spread bear with me a little complicated is the difference between what italy has to pay for its debt and what germany has to pay for its debt obviously german debt can be acquired much cheaper or the germans have to pay less to to borrow money and they have to pay much

so indeed it is a very delicate matter, especially with the popularity of matteo salvini, across italy this is beyond one hundred days. still to come — we've been asking us voters how president trump has impacted their lives since taking office — as the country prepares for midterm elections. uk high streets have the highest concentration of fast food outlets in almost a decade. research suggests people most exposed to them are nearly twice as likely to be obese. the sharp rise comes at a time when doctors are warning that the costs of obesity could bankrupt the nhs. the uk also has one of the highest proportions of overweight and obese children in the european union. the rate of severe obesity among year 6 children, aged 10 to 11, is up by more than a third since 2006, to 4.2 percent, according to public health england. david rhodes reports. it is the food that is fast, convenient and an everyday part of some people's lives. i really hated how i looked. it is not normal to be 30 stone. at the age ofjust 16, joe from rotherham was morbidly obese. you are seeing more takeaways then you

the right—wing interior minister, matteo salvini, has seized on this.'s most prominent politician, he tweeted... "i'll do everything so that the vermin guilty of this horror pay to the end, without mercy, for their treachery." that's a translation. mr salvini also visited the scene of the crime. as you can see, he was given a mixed reception. these people are chanting "jackal", accusing him of taking political advantage of human tragedy. but he was also cheered by some. here's what he told reporters. translation: i spoke with the prosecutor of the republican ask for an iron fist. we can arrest people it actually buildings but everyone must do their bit. and an iron fist means not tolerate in fact there are thousands of abusive squatters in rome while thousands are waiting for social housing. bbcjournalist sara monetta has been covering this story, and gave us this update a short time ago. we are getting more information as the investigation goes on. it was seven or eight people party to this gang rape. what happened in a derelict building and from what