five percent of the region has we tell you silly we've built from scratch i'm talking roads rai's tanos gas pipelines and you name it and luckily for russia there's an abundance of rifts in philly and as that are willing. to foot the bill and although we get to witness any loses in the games themselves i think prosser pretty much definitely gets the prize for expenditure having already spaced out fifty billion dollars over the fifty billion dollars and that's around about four times over budget so how does manage to blow the budget is such a spectacular fashion that one example is the cost of the risky job that what from thirty seven million it to over two hundred fifty million dollars actually resulted in a man getting the sack he got pushed over the mountain as a result of that one and it's not just so it's been a complete budget a bailout there's been plenty of other examples as well that most notably the suez canal that was twenty times over budget was followed by the sydney opera house as well and i went down to see if i could track down some of these are such investors to see they

the prime minister is returning today to meet with president george me poll tano to discussion the situation. speaking ahead of his departure, he called the resignation a humiliation, not for him but instead for italy. ahead of that, the coalition is scheduled to meet today to discuss how to avoid a pdl in sales tax. you can see currently we're a little elevated on that ten-year yield at 4.5%. >>> joining us now, we have jonesen stops on the set with us. so nice to see you and have you on board with us this morning. we've just seen some backward looking data. obviously, people have been more confident as the data points have been improving. but now we have this crisis. are you concerned about the situation in italy today? >> i guess there are two parts here. the first part is what's coming through on the data side. so there are clear signs and there have been clear signs the macro is generally getting better, and part of that is macro risks are getting worse. >> we're discussing that maybe through italian politics again. we aren't discussing a eurozone. we're talking about different risks. t