the german operated vessel lifeline refused entry by spain and italy. the ngo has warned the situation on board is critical. you know situation it's getting worse and i would say we also. see this night. he needs. to clean so in the last minutes he could be. seasick italy's hardline interior minister wants to cut off the flow of migrants before they even put to sea he's been in libya calling for reception centers to screen arrivals in neighboring chad and sudan. the target government will support the need to protect the external borders south of libya because libya i mean clearly alone cannot sustain the economic and social costs of this immigration and. libya also wants to see the migrants dealt with elsewhere. we do that if. we agree with the europeans on many matters related to illegal immigration. however we categorically reject the existence of any migrants inside libya and the cool their human. friends now says a european solution is near malta is reportedly willing to open its ports to the migrants the ngos says they will run out of food and wate

italy pulls back from the brink. spain topples over it. in the uk, the conservatives look for compromise over brexit. and donald trump marshals his diplomatic forces for peace. to discuss all of that with me — greg katz of the news agency the associated press, stefanie bolzen from the german newspaper die welt, the iranian writer nazenin ansari and iain martin, columnist with the british newspaper the times. there's an old joke that the united kingdom and the united states are two nations divided by a common language. but whether you say "aluminum" and i say "aluminium", a 10% tariff on imports of that and 25% on imports of steel is not a friendly gesture. on friday, donald trump's administration imposed the duties, saying negotiations with the european union, canada and mexico haven't made enough progress in the two months since he first threatened tariffs on foreign metals. the french said it was illegal, the british called it absurd, and justin trudeau, canada's prime minister, looked hurt. stefanie, the european commissioner responsi

everyone in the has to understand that if italy is in trouble, you need to help italy. because the opposite is to make europe collapse. some are saying that what you have done is bring not the fascists but a very right—wing nationalist party back into government, in italy, of a kind that has not been seen since mussolini. i have respect for the 6 million voters of the northern league, i don't think they feel close to mussolini. having said that, the mistrust between each other brought us to create this agreement to start the government. we are a democratic party. we respect human rights, human dignity, international law. there would be no room for that. thank you so much for talking to us tonight, thank you. thank you, goodbye. so what does this all mean for the old guard in italy, and those in the rest of europe? i'm joined now from geneva by sandro gozi, an italian mp for the democratic party and, until today, italy's europe minister. very good evening to you, thanks forjoining us, i wonder what you make of what we just heard... really, they are talking about a kind

are the governments are the central banks of the world because just like greece just like italy the e.c.b. has been mostly buying their bonds and the italian government and the talian banks so the bond holders are the ones being bailed out once again it's the bond holders not the market you know equity markets or property market people who are getting out participants who are getting a bailout it's the bond holders that you know always in a negotiation there's supposed to be two sides to the story you know everybody has to give and take but like with greece the bondholders didn't give a tiny even fraction of a haircut none the same with italy they don't want to give any haircut nothing because that cannot be. you know ever becoming an established principle we've really negotiated the history of capitalism no longer is the creditor ever part of the equation they get everything one hundred percent you the debtor is abused so here is a tweet to the response to the oed injure who is saying that the markets are going to punish the voter well this is a different take markets spooked by politica

basis let's say china did have a go to this do america what they are members do in italy. to see that blew through your metal i see i do want to point out that the i.m.f. has not yet involved in italy it's all about the european central bank and the european commission and the euro zone so the i.m.f. in fact had advised those other troika members to based. they allow a debt restructuring in greece and they were next because there's good cop bad cop with them next week will be saying i messed involved almost ninety nine point nine percent guarantee so i want to also point to another tweet here this is from tony's hassle of t. today's rise in two year italian government bonds yields in perspective one day move greater than anything seen in financial crisis or greek crisis so again this is the cost to insure the bonds the spike in context going back all the way to two thousand as you see it's a one day move that is pretty shocking how much it's gone up but you know there was somebody who responded to them called crypto macro and it's interesting this response because this is

basis let's say china to have a go to this do america what they are members doing italy. to see that blew through your metal i see i do want to point out that the i.m.f. has not yet involved in italy it's all about the european central bank and the european commission and the euro zone so the i.m.f. in fact had advised those other troika members to. they allow a debt restructuring in greece and they were next because there's good cop bad cop with them next week will be saying i messed involved almost ninety nine point nine percent guarantee so i want to also point to another tweet here this is from tony's hassle of the f.t. today's rise in two year italian government bond yields in perspective one day move greater than anything seen in financial crisis or greek crisis so again this is the cost to insure the bonds the spike in context going back all the way to two thousand as you see it's a one day move that is pretty shocking how much it's gone up but you know there was somebody who responded to them called crypto macro and it's interesting this response because this is s

they have increased in italy by 3%. you have an electorate sold the promise of the euro, lots of warnings at the time that it was imperfectly designed and heading for a smash at some point. it seems to be almost impossible to reform. president macron is doing brilliantly in many respects, but there doesn't seem to be any sense... we could have had this conversation six or seven years ago and saying the same things and yet it is still there. italy and the love for europe of the italians and they felt let down because of the refugee crisis. it was italy who had to cope because of the dublin agreements, data in hundreds and thousands of refugees and where pretty much left alone with it. no wonder people say they don't help us, why should we stick to the project. greece is suffering from the refugee crisis as well. and malta. there have been reports of refugees selling their passports and returning to turkey or syria. because they cannot cope, the culture change as well. europe is faced with so many tremors and fault lines

warns of a bloodbath in syria's italy province after an escalation in fighting and their strikes and in sports roger federer returns after a three month break looking to regain the tennis world number one spot. but first spain a step then to help a refugee rescue ship stranded in the mediterranean after being turned away from italy saying it can dock in spain the aquarius which is run by the charity s.o.s. may be kept on there and the seth is carrying six hundred twenty nine people rescued from the sea off the coast of libya now the ship is currently at sea sixty five kilometers from italy and fifty kilometers from malta but with both of those countries refusing to accept the ship it may be headed to valencia one thousand five hundred kilometers to the west so they're going to go has more. my job now in the dead of night a precarious rescue in the mediterranean six hundred twenty nine people picked up by the italian coast guard and transferred to the aquarius rescue ship run by the french charity s.o.s. made to tiffany the terror and the trauma all too evident google google deborah b

the tenure difference between spain and italy, italy dropped. it's got was 73 basis points over spain -- wide st it got was 73 basis points over spain. that is one thing be will be keeping an eye on, the difference between spain and italy in the months going ahead. that is where the relationships will be in the rest of the eurozone. theat means for germany,l is 300 basis point or possibly even higher. if i am trying to understand the gap between any , ithe atp and raising rates have had conflicting reports out on this subject. abouts have been talking tbw short ong a gap the a -- how does it to be play into that story? is it six months, a year? the market will try and figure out what is happening. what will be fed be doing in 2019, 2020? ark: what ever ecb does pull ill be playing vanilla -- w not be playing vanilla. ecb give thethe ack into app. they will give the criteria to say, if it doesn't go smoothly, we will give a criteria for ending the app. cranfield, joining us from our markets team. if you want to join the debate, go on your live bl

follow your emperor to italy. so don't charge me it won't be at your expense but you won't get goals were. dismissed without the silver mines in khosla the am pro wouldn't have any funds himself and then you got me in that case may god be with you cousin if i want. is to be done i must allow you so certain of your power of saxony. this fight the empire has made your greatest. but it can crush you again today it's actually the. way the air. henry refuses to participate in the military campaign he's not violating any lure in doing so but he is still snubbing the emperor. an empire stretching from the baltic across the alps to the mediterranean can only function if barbarossa manages to incorporate the northern italian territories in the long term and he needs the wealth of the italian cities. but the long bods doesn't want to be part of an empath ruled by germans nor be its paymaster just a few years after man's destruction its citizens have returned to the city and rebuilt it has. blown bad troops face barbarossa n

italy's recent elections again demonstrate the e.u. smeal liberal agenda is under continued pressure even under threat where is this grand historic project going how should we understand the italian elections the german elections and gregg's it in. many european countries several times believe that we shan't should get out of this is sanctioned and come to something that gets through the. box let's be honest. to the see the final decision on this issue. has to come from watching. those washington these guys and we need you tonight to do three rules. welcome back to the kaiser report i'm asked guys are time now to go to south africa and speak with abraham cambridge of the sun exchange it's a new block same company that got its start encrypt a few years ago and start joint dot com a site that i founded so i'm very special interesting in this story it's an amazing story abraham welcome back to science and spent a long time concerts going to show you thanks for having me all right super another one phrase pops out when talking about the st

deficit italy has done so and they've abided by that and thus destroyed their economy in a time when you know in the recession when they should have been actually helping the economy and facilitating liquidity in transaction and credit unlike what happened for germany and stuff so let's however look at the technocrats the european commission this was a tweet from a journalist from deutsche of al who interviewed a european commissioner who is a german who is a european commissioner for budget and human resources and so here is the tweet from bernard thomas riegert of deutsche of l. the markets and a darkened outlook will teach italy's voters not to vote for populist parties in the next elections told me the commissioner oettinger in exclusive interview for a dose of health news and strasburg i can only hope that. will play a role in the election campaign so looks like there will be another election in italy probably in july or august. and this guy oettinger who is good herman oettinger a german politician and now a european commissioner he's saying that because the markets have reacte

across talking italy and the e.u. i'm joined by my guest. in london he is a foreign affairs consultant and analyst also in london we have to have on this exact pillows he is a senior lecturer in european politics at the university of surrey and in milan we cross to monaco bus on the he is a professor of political theory at the university of milan or a german cross-talk rules in effect that means you can jump in anytime you want i always appreciate they have on this let me let me go to you first in london we have somewhat of a crisis we'll see where it goes in italy we had the majority of italians going to the polls voting for parties that were against the neo liberal agenda of the status quo and i would also extend that to the philosophy of the e.u. and now we have a nonpolitical technical government and it looks like it's only a matter of time before there's going to be another election i mean where do you see this going because on the one hand you have the elites worried about share values assets and that's perfectly understandable i think

upheaval in italy. a political stalemate sends shockwaves through the global market. >> italy is basically a country that is raking down. >> we are in a situation today where the fundamentals of italy are very good. >> what we are seeing basically across the board is reduction of risk. scarlet: another week of actions and reactions on global trade. >> it no longer appears to be america first. it almost appears to be america alone. scarlet: chinese equity markets open up as the mainland shares join mainland indexes. the u.s. jobs report provides another data point. >> the fed hawks basically think that they can move forward once, twice, some say three times. scarlet: canadian prime minister justin trudeau gives us an exclusive on his nafta stance. mr. trudeau: no nafta is better than a bad deal. scarlet: and how seriously should investors take europe's turmoil? experts show their insight. >> i don't think we are facing an existential threat at all. >> the trend is still heading higher in rates and gradua

leaders to stem the flow of migrants italy is stepping forward to demand a tougher stance italy's new populist interior minister my tail visited libya on monday and called for screening centers to process migrants in north africa meanwhile italy has blocked a ship carrying more than two hundred migrants from talking on it shores following through on solving these earlier warning that italy would not be taken taking in one more refugee. stranded at sea these migrants have been stuck on the ship since thursday after they were rescued from rubber boats off libya's coast . the german operated ship lifeline refused entry by spain and italy the ngo has warned the situation on board is critical. situation getting worse and i would say we also. see this night. he needs surgery. so in the last minutes he could be. seasick. we are waiting for call. italy's hard line interior minister matteo salvini wants to cut off the flow of migrants before they even put to sea he's been in libya calling for reception centers to screen arrivals in neighboring chad and sudan. where. the attack and government w

and also coming up spain comes to the rescue of migrants on a boat in limbo in the mediterranean sea italy's new wake wing interior minister delivering on a campaign promise a block the vote from entering the italian ports. on leyla iraq thank you very much for your company everyone well we start off with this week's headline event that historic summit between u.s. president donald trump and north korea's leader kim jong il and in the latest twist in the drama filled lead up to choose these talks trump has said he will be leaving singapore early because negotiations on getting rid of north korea's nuclear weapons have moved more quickly than expected well the abrupt change in strums schedule can. shortly after secretary of state michael yo heads to lower expectations for the meeting in the meantime the two leaders have been taking in the sights of singapore. time for a selfie kim jong un hadn't been seen leaving his hotel since shortly after his arrival on sunday but he decided to go for a night time to or if singapore just hours before his historic summit with donald trump. singapore has de

cross talking italy and the e.u. i'm joined by my guest. in london he is a foreign affairs consultant and analyst also in london we have to go from this exit doc to los he's a senior lecturer in european politics at the university of surrey and in milan we cross to monaco bus on the he is a professor of political theory at the university of milan or a german cross-talk rules in effect that means you can jump in anytime you want i always appreciate that they have on this let me let me go to you first in london we have somewhat of a crisis we'll see where it goes in italy we had the majority of italians going to the polls voting for parties that were against the neo liberal agenda of the status quo and i would also extend that to the philosophy of the e.u. and now we have a nonpolitical technical government and it looks like it's only a matter of time before there's going to be another election i mean where do you see this going because on the one hand you have the elites worried about share values assets and that's perfectly understandable i

they have increased in italy by 3%. you have an electorate sold the promise of the euro, lots of warnings at the time that it was imperfectly designed and heading for a smash at some point. it seems to be almost impossible to reform. president macron is doing brilliantly in many respects, but there doesn't seem to be any sense... we could have had this conversation six or seven years ago and we might have been saying the same things and yet it is still there. italy and the love for europe of the italians and they felt let down because of the it was italy who had to cope because of the dublin agreements, they took in hundreds and thousands of refugees and where and thousands of refugees and were pretty much left alone with it. no wonder people say they don't help us, why should we stick to the project. greece is suffering from the refugee crisis as well. and malta. there have been reports of refugees selling their passports and returning to turkey or syria. because they cannot cope, the culture change as well. europe is

help italy more on immigration. first important sign that italy can't continue to bear this huge burden on its own. i mean it's clear the european union can't go on this way. we hope today is a new beginning. but the charity running the rescue ship has warned of the challenges in reaching the spanish port of the length it would take at least two days putting vulnerable people at risk that's why the un is continuing to put pressure on italy and malta which are much closer to let the ship dock its creation is getting more dramatic by the minute and that's why we are asking this me authorize these invocation and to leave if. the political issues on how to manage. flows of. refugees for. cost addressed in an unwelcoming political climate the fate of the migrants aboard the aquarius is still unclear. and joining me here in the studio is florian vest fall from doctors without borders which runs a medical clinic on the stranded ship and we thank you so much for joining us this evening to talk about the situation what are y

them either but they still keep blending in italy are coming through italy and they want to get rid of those people too and have somebody take them off their hands so what could a possible solution be there if there isn't one it will cost a tremendous money for berlin they might be willing to pay it but at the moment we can't really see what that would look like. faisal reporting for us thank you barbara. an immigration crisis on america's southern border is drawing international condemnation british prime minister theresa may has said images of children being held in cages were deeply disturbing more than two thousand miners have been separated and confined away from their parents since early may president trump has defended the separation policy despite growing anger from both sides of the political aisle now the transparency group publica has released an audio recording that apparently features sobbing central american children that has added fresh fuel to the debate. but i remember one of. the. children detained in cages calling for their parents this is the trumpet ministrations z

there is a new government in both spain and italy. we have to work with these governments, and continue our job. position we are in. mike: the spanish government not as big a change. what do you think of the new administration there? they are more friendly towards eurogroup. mario: this is a domestic issue in spain. the discussion there is not about europe, which is good. but,the discussion there is not about yes, we will continue to work with spain. i have been working closely with the two previous finance ministers of spain. i am sure that it will continue to be like that. mike: the catalan situation has been 10 down for the time being but still exists. you have the populist parties taking over in italy. are you concerned populism is still on the rise in europe? mario: we need to combat populism with pursuing our way, inn a very patient the sense that we need to be quite assertive on pursuing it. and deal with the aspirations of the cities in a positive way, so that we can really meet those answersons and provide that have the ultim

businessmen mattio esposito believes in technology with a made in italy label. the system developed by esposito and his team of fifteen has made it to market even though conditions for start ups may not be optimal. the united states i can't. in twenty four hours i can have a yes or no or two days and here maybe i take weeks or months to see this gap. but i don't feel stuck in the here i'm proud to be here milan startups could send a signal to the rest of the country that it's still possible to achieve success in italy all you need is the right ideas to create new opportunities. and talking about new opportunities the video game industry is finally asking where all the women are the gap is shrinking game developers realizing close to half their customers are females plus it's a multi billion dollar business time to cash in on the craze is kristina. must know that more than one hundred billion dollars a year that's how much the video game industry is worth well why. in the world of video games is a world made by men. i guess one thought of a musclebound of charact

follow your emperor to italy. so i don't charge at least it won't be at your expense but you won't get goes lower . like this least. without the silver mines in khosla the emperor wouldn't have any funds himself. a million got me in that case may god be with you cousin if i want. is to be done i must see how you so certain of your power juco saxony. despite the empire has made you great. but it can crush you again today it's actually the. oh at the end. henry refuses to participate in the military campaign he's not violating any lure in doing so but he is still snubbing the emperor. and then past stretching from the baltic across the alps to the mediterranean can only function if barbarossa manages to incorporate the northern italian territories in the long term and he needs the wealth of the italian cities in the world. but the long bods doesn't want to be part of an empath ruled by germans nor be its paymaster just a few years after man's destruction its citizens have returned to the city and rebuilt it has. blo

deficit italy has done so and they've abided by that and thus destroyed their economy in a time when you know in the recession when they should have been actually helping the economy and facilitating liquidity in transaction and credit unlike what happened for germany and stuff so let's however look at the technocrats the european commission this was a tweet from a journalist from deutsche of al who interviewed a european commissioner who is a german who is a european commissioner for budget and human resources and so here is the tweet from bernard thomas riegert of deutsche of l. the markets and a darkened outlook will teach italy's voters not to vote for populist parties in the next elections told me the commissioner oettinger in exclusive interview for a dose of health news and strasburg i can only hope that. will play a role in the election campaign so it looks like there will be another election in italy probably in july or august. and this guy oettinger who is good herman oettinger a german politician and now a european commissioner he's saying that because the markets have rea

italy with a strong economic backdrop. if there is a government, which comes after maybe an election if sanchez's government does not last long. on the eu issue, data out of the eurozone, manufacturing losing momentum in may as the strength of the demand eased. vonnie: a little air coming up at the risk off sentiment. you can see that in the yen trade. weaker yen. june 1. this is interesting. wti --d plus a 66.38 on 66.38.on this is micro, macro, flow factors weighing on these prices on the spread, widening. it will come back into line as soon as opec and russia pump more in. weaker chinese yuan. china again putting pressure on the break pedal. the g20 movers, you mentioned them already, italy having a better day now that there is success with an actual government. the korean won is up seven cents of a percent. -- 7/10 of 1%. we will get a hand delivered letter to the president of united states from kim jong-un saying he wants a summit with no preconditions or any threats. you pointed out that sovereign bonds are having a

agreed because italy also has a responsibility in this case italy is responsible for the whole area between libya and italy going to comes to rescue operations and this ship was also directed by the marine by the navy operation center in rome so the lifeline is not operating on its own it's part of a bigger operation and all of the e.u. member states bordering the mediterranean have some responsibilities because they all closed harbors more or less not only italy and malta also france spain have said they'd take any migrants so the lifeline is the third boat in the last few days to be refused entry only for negotiations to produce a solution so this is starting to look like the new de facto european migration policy making and make life difficult and uncertain a full rescue ships. it's clear the strategy behind the italian approach is now deter migrants as you can so that they don't enter the boats and don't try to cross the mediterranean and mr salvini the rightwing interior minister is the very strict and very harsh on this policy but it is not quite new the italians already set i

and stranded in the mediterranean italy refuses entry rescue ships with more than six hundred people on board instead it says malta should open its doors for the maltese government says it has no legal obligation to act so where should the migrants go back question to the u.s. agency for refugees. and welcome to the program the countdown is on for tuesday's historic summit between u.s. president doll trump and north korean leader kim jong un and preparations in host country singapore are in full swing u.s. president trump has been meeting with singapore's prime minister lee hsien loong in a working lunch with aides in the run up to tomorrow's summit it will be the first time a sitting american president has ever met with a north korean leader. trump has been building expectations calling the meeting a one time shot at peace and he says he'll know within the first minute of meeting him if a deal with north korea is possible. from photos to friends the route to the historic summit in singapore has been more than a little rocky. an exchange of insults followed after north korea repeated

and greece almost forty percent arrived in italy the rest split evenly between greece and spain nine hundred seventy two people died trying to make that crossing italy is turning away ships carrying refugees rescued from the mediterranean sending a clear message to europe that they will no longer bear the brunt of migration italy's interior minister mathias sell beanie has told refugees to pack their bags and many italians many of whom still believe migrants are still flowing in at crisis levels welcoming his anti immigrant rhetoric charlie angela is in sicily finding out how refugees there feel about this new more hostile environment. a bus from catan yeah unloading into cardamon new one of europe's largest refugee camps here there is fresh for refugees applying for asylum they've heard that italy's new interior minister is hostile to migrants and their rights just. so whatever he puts is that it'll just fully so even if he said revolution will talk a little of it into sleep. ernest came from ghana when he was fifteen he lost his mother in libya and made his way to italy alone now a

use his veto it if there was not an agreement that suited italy he did and because of that italians believe they got some concessions but nothing will change if we don't play hardball and raise our voices we never get anything so broad any longer lives. under the new e.u. agreement italy could host voluntarily new migrant centers that would process all arrivals and determine which are genuine refugees and which are illegal migrants to the us. this country already has refugee camps the difference is that these arrivals would no longer be subject to the dublin regulations italy would not be responsible for them soley the idea is they could be divided up between other member states but again as no one held that would happen and for italians sharing the burden is a key issue. italy has been left alone it's true but of course i don't agree on the methods used by our interior minister i do think europe has to be reformed especially because there is no agreement on this issue the agreement also promises to explore the idea of setting up disembarkation platforms in north africa to try and p

that don't mess with mama duck as italy gets to grips with its new compromise prime minister how will relations now develop with europe that's what moxon stacie into in the latest reports they would. get was. not. killed. good. to. see you. know you. can remember. we have the privilege of being the most allied ally of the united states. sent overseas to and many other alliances promoted by the west and states and particularly by members where we also have the privilege of being the most sanctioned. of that to any group of countries so while it sounds contradictory it is contradictory and this shows that pakistan will do what is in its national interest it will know it's just full of the wind of one wheel the other. four men are sitting in a car when the fifth gets shot in the head. all four have different versions of what happened one of them is on the death row there's no way he could have done it there's no possible way because the oldest did not shoot around a corner. guys are this is the kaiser report we're going to talk about it's kind of this is a story it's almost like deja vu

certainly italy would say it ought to mean the end of the dublin rules. italy is proposing that they simply be jettisoned that europe adopt a new system so two questions to you also as in the talian first of all how does italy born a disproportionate share of the burden has it been left in the lurch by other countries and secondly who is looking for what in this current debate take us through it briefly if you would. yes italy has a point because it has been the front line state and there has not been an equal sharing of the responsibility the new proposal that is with the european parliament looks at the possibility for refugees to put forward their asylum claims not only are not necessarily in the first country of entry and. this gives the possibility to have a different sharing that really. i would like to give also another number that shows that that we were going into the right direction and that is the number the from thinks gave recently talking about returns frontex just let's remind people is that coastal guard that is yes and they gave recently

italy is a country that is raking down. >> we are in a situation today where the fundamentals of italy are very good. >> what we are seeing across the board is reduction of risk. scarlet: another week of actions and reactions on global trade. >> it no longer appears to be america first, it appears to be america alone. >> chinese markets open up as the mainland shares join some indexes. the u.s. jobs report provides another data point. >> the hawks think they can move forward once, twice, some say three times. scarlet: and canadian prime minister justitrudeau gives us an exclusive on his nafta stance. >> no nafta is better than a bad deal. scarlet: and how seriously should investors take the turmoil? experts show their insight. >> i don't think we are facing an existential threat at all. >> the trend is still heading higher in rates and higher in equities. >> the italian situation shows uncertainty can certainly rear its head at any moment. scarlet: that's all ahead on "bloomberg best." hello and welcome. i'm scarlet fu. this is "bloomberg best," your weekly review of the most important

marking the first time italy's so-called populists have been in government. i swear to be loyal to the public to faithfully respect as constitution and its laws and to exercise my role in the exclusive interest of the republic. the financial markets have reacted positively to the new government with shares in italian banks gaining more than three percent on friday but this is unknown territory for italy and the new administration is promising big changes the incoming interior minister matteo salvini head of the far right league wants to expel hundreds of thousands of undocumented migrants he's recently talked about setting up detention centers across the country while he's equally ambitious rival five star leader luigi to my old who the labor and industry minister has promised a basic minimum income then this is how italy will interact with the european union . a euro skeptic prevented from being economy minister just days ago it would be in charge of e.u. affairs and giovanni tria the replacement economy minister has criticised germany and called for changes

certainly italy would say it ought to mean the end of the dublin rules monica. italy is proposing that they simply be jettisoned that europe adopt a new system so two questions to you also as in the talian first of all how does italy born a disproportionate share of the burden has it been left in the lurch by other countries and secondly who is looking for what in this current debate take us through it briefly if you would. yes has a point because it has been the frontline state and there has not been an equal sharing of the responsibility the new proposal. with the european parliament looks at the possibility for refugees to put forward their asylum claims not only are not necessarily in the first country of entry and. this gives the possibility to have a different sharing that really. i would like to give also another number that shows that we were going into the right direction and that is the number the from thinks gave recently talking about the returns frontex just let's remind people is that coastal guard that is yes and they gave reason to figure that sa

help patient will financial markets be with italy? because of the government of servicing its huge debt is going up by the day —— the cost. the cost of borrowing for the italian government will remain stable, provided they don't try to leave the eurozone automatic massive relief on debt. if they stick to domestic politics such as tax reform and in relation to reinvigorating the economy, i think that will actually provide the italian economy sta ble actually provide the italian economy stable ground and the financial market will give it the benefit of the doubt. it is really only be possibility of leaving the euro which will rock investor confidence. we will keep a close eye. david, thank you for your time this morning. as we've been hearing, the fashion designer kate spade has been found dead at home. she was 55. kate spade turned her name into a global brand, and her rise to success reads like a classic american tale of a self—made businesswoman. nada tawfiq looks back at her career. people have been expressing shock over the n

businessman mattio esposito believes in technology with a made in italy label. the system developed by esposito and his team of fifteen has made it to market even though conditions for start ups may not be optimal. the united states i can't. in twenty four hours i can have a yes or nor in two days and here maybe i take weeks or months so. i don't feel stuck at the here i'm proud to be here. milan startups could send a signal to the rest of the country that it's still possible to achieve success in italy all you need is the right ideas to create new opportunities. and talking about new opportunities the video game industry is finally asking where all the women are the gap is shrinking game developers realizing close to half their customers are females plus it's a multi billion dollar business time to cash in on the craze is kristina. must know that more than one hundred billion dollars a year that's how much the videogame industry is worth world why. and what the world of video games is a world made by men. it was some thought of a musclebound of characters or so

upheaval in italy. a political stalemate sends shockwaves through the global market. >> italy is basically a country that is breaking down. >> we are in a situation today where the fundamentals of italy are very good. >> what we are seeing basically across the board is reduction of risk. scarlet: another week of actions and reactions on global trade. >> it no longer appears to be america first. it almost appears to be america alone. scarlet: chinese equity markets open up as the mainland shares join mainland indexes. the u.s. jobs report provides another data point. >> the fed hawks basically think that they can move forward once, twice, some say three times. scarlet: canadian prime minister justin trudeau gives us an exclusive on his nafta stance. mr. trudeau: no nafta is better than a bad deal. scarlet: and how seriously should investors take europe's turmoil? experts show their insight. >> i don't think we are facing an existential threat at all. >> the trend is still heading higher in rates and grad

they are pa rt entry by italy and malta. they are part of a growing row over the way the eu handles migration. boko haram jihadists have attacked a town in north—east nigeria. six female suicide bombers were involved. rocket propelled grenades were fired into crowds celebrating the eid festival. a day of surprise

certainly italy would say it ought to mean the end of the dublin rules monica. italy is proposing that they simply be jettisoned that europe adopt a new system so two questions to you also as an italian first of all how does italy born a disproportionate share of the burden has it been left in the lurch by other countries and secondly who is looking for what in this current debate take us through it briefly if you would. yes italy has a point because it has been the frontline state and there has not been an equal sharing of the responsibility the new proposal that is with the european parliament looks at the possibility for refugees to put forward their asylum claims not only are not necessarily in the first country of entry and. gives the possibility to have a different sharing that really. i would like to give also another number that shows that that we were going into the right direction and that is the number the from six gave recently talking about the returns frontex just let's remind people is that coastal guard that is yes and they gave recently a figure

certainly italy would say it ought to mean the end of the dublin rules monica. italy is proposing that they simply be jettisoned that europe adopt a new system so two questions to you also as in the talian first of all how does italy born a disproportionate share of the burden has it been left in the lurch by other countries and secondly who is looking for what in this current debate take us through it briefly if you would. yes has a point because it has been the frontline state and there has not been an equal sharing of the responsibility the new proposal. with the european parliament looks at the possibility for refugees to put forward their asylum claims not only are not necessarily in the first country of entry and. this gives the possibility to have a different sharing actually. i would like to give also another number that shows that that we were going into the right direction and that is the number the from thinks gave recently talking about the returns frontex just let's remind people is that coastal guard that is yes and they gave reason to figure that

is or was that italy has been supporting this country. and italy is the work in the heart to fire tourism and to bring stability to libya and we call upon all our european partners to follow the italian example in this regard so many european countries have their own programs in partnership with the libyan side but the program should be libyan and libya. as a whole and the participation of the parent countries should be within this libyan program and it will protect this and we will prepare. caterers from libya to follow on their work their systems as an aid coming to us through their opinion will be your who was through the only soul channel namely the egyptian the libyan government. well i should like to thank. you in behalf of the ten people think the libyan government and also the libyan coast guard for the excellent work of the rescue. of these people in the mediterranean. and the italian government is absolutely in sympathy with your way of conducting this matter and we believe that. it should be only to live in authorities to patro

, were completely unjustifiable and were compromising relations between france and italy. italy is demanding an official apology from the french government before it considers the visas -- the visit by the prime ministers giuseppe conte at the palace on friday. i just spoke to the office of the prime minister. we don't know if the prime minister will be attending the meeting with president macron. so a very tense situation, and the interior minister has been speaking in parliament. he stepped up the pressure demanding an apopology from the french government and said it was unacceptable, saying the french had held to accept more migrants, failed to meet a commitment to accept the 9000 migrants it had pledged to accept over the last several yearars and also pushed back 10,000 migrants who had tried to cross the border from into i france in the past few months. action, notanding words from the president and saying the current policies are unacceptable. the words that were used yesterday were offensive and unacceptable and are compromising relations between the countries now.

prime minister just emerged from the summit saying italy is no longer alone he went in threatening to use his veto if there was not an agreement that suited italy he did and because of that italians believe they got some concessions but nothing will change if we don't play hardball andre's our voices we never get anything so long. under the new e.u. agreement italy could host voluntarily new migrant centers that would process all arrivals and determine which are genuine refugees and which are illegal migrants to be sent back these would be finals and managed by the e.u. this country already has refugee camps the difference is that these arrivals would no longer be subject to the drop in regulations italy would not be responsible for them solely the idea is they could be divided up between other member states but again there's no concrete agreement on how that would happen and for italians sharing the burden is a key issue. italy has been left alone it's true but of course i don't agree on the methods used by our interior minister i do think europe has to be reformed especially because

businessman mattio esposito believes in technology with a made in italy label. the system developed by esposito and his team of fifteen has made it to market even though conditions for start ups may not be optimal. the united states i can't. in twenty four hours i can have a yes or nor in two days and here maybe i take weeks or months or so. but i don't feel stuck at the here i'm proud to be here milan startups could send a signal to the rest of the country that it's still possible to achieve success in italy all you need is the right ideas to create new opportunities. and talking about new opportunities the video game industry is finally asking where all the women are the gap is shrinking game developers realizing close to half their customers are females plus it's a multi billion dollar business time to cash in on the craze is christina. must know that more than a hundred billion dollars a year that's how much the videogame industry is worth world why. in the world of video games is the world made by men. i just thought of a musclebound of characters one of so

and malta refused to let a dock or multiple accused to italy of violating international law by turning the boat away even though the italian coast guard coordinate the rescue but maltese says it will send supplies to the ship the aquarius because it's running out of food. after surviving the deadly mediterranean waters six hundred thirty people on board this rescue ship caught up in the diplomatic route many of them are unaccompanied minors. the aquarius is stuck at sea between italy and malta after both countries closed their ports to the vessel and refused to take in the migrants who were on board on sunday italian authorities stopped their ship from docking in sicily saying it should head to malta instead italy's new interior minister and leader of the far right league party vini tweeted that the country would no longer accept what he calls clandestine immigration he later said that malta and the rest of the e.u. were failing to comply with their international obligations. and ships from german n.g.o.s or those with british dutch or spanish flags in the mediterranean which passed wi

countries italy's far right interior minister had already up the rhetoric the previous evening. in europe the times are over when france and germany decided refugee policy when they told european italy what they had to pay and which migrants they had to take in. it took a call from angela merkel in the promise to withdraw the draft before the italian prime minister agreed to attend this weekend's talks we'll see each other in brussels on sunday can they wrote sounds like he's ready for a fight. yeah but you have to of course be face to face to have a fight will that happen think about that i'm joined by auster de botton she specializes in immigration and integration policy at the german marshall fund think tank here in berlin is the word it's good to have you on the show i mean when you hear what's going on just in italy and on t.v. talking about eastern europe right now what does that tell us in terms of the possibilities of a success coming out of this summit. well we certainly know that it's not going to be easy what ever she has to and she has to try and figure out how to br

country in which they were first processed and of course that generally means either italy or greece which is proving such a burden on those countries which is leading to such tensions in places like southern italy and which has led to partly the election of the new italian government so at that summit as you were saying they will be looking at tinkering with the dublin agreement there have been the quotas agreed back in twenty fifteen at the height of the migrant flow and the italian government criticized france for really taking in less than half of the number that it promised to take in from italy out of a total of twenty thousand but there's no appetite in france to take in many more people either the government here has got tougher in recent months so it really does need some kind of european wide action all right thank you for that nadeem lity barbour's our correspondent there in paris well now looking at the issue particularly in northern italy and it borders with frances is an area of particular tension between these two countries people from sudan eritrea and afghanistan the

volunteer in spain a couple of days after it was sent to turned away from italy. the route started and the talian interior minister mark vaile salvini head of the right wing league a well known anti migration campaigner previously said that he wanted an apology from france all this summer to the elysee palace should not happen while it is of course happening after a phone call from president emanuel my call wednesday night he didn't apologize but he made it clear that he didn't mean to insult italy or the italian people now the italian government have been pointing out that in the last. six months or so from the beginning of this year until the thirty first of may they say that france turned away ten thousand people push them back over the border from france into italy suggesting that france isn't taking its fair share pointing out that under a quota system reaching twenty fifteen at the height of the migrant flow france promised to take in around nine thousand people just from italy and they've only taken in around six hundred so really pointing the finger back a

first major rescue landing in italy since it has been he became the deputy prime minister something he has promoted a hardline anti immigration stance since being. in office jonah hall joins us live now from rome so what is the latest jonah. well this is evidence really of the many many people hundreds daily still trying to make this crossing from north north africa to serve in europe but as they get into trouble at sea as many inevitably do it now matters who they're picked up by as to where they will be taken to because foreign flags n.g.o.s rescue vessels operating in the med have now been told by the italian government that they will no longer be able to access safe harbor here in italy of course the coast guard still is allowed to carry out rescues where it finds them in terms of the law of rescue at sea but effectively this week it's italy and the government here has said no more to the long established status quo in the mid. for four days they've been aboard the m.s. aquarius relief at being rescued short lived now uncomfortable in the searing mediterranean heat and yet reall

finally agrees on a new policy to deal with migrants after italy threatened to scupper the deal. watching al-jazeera live from doha i'm still robin also coming up. south sudan's hopes for a lasting peace another ceasefire comes into effect we look at the fragility of the new agreement. and still searching the underground caves rescuers in thailand trying to make contact with a football team that's been missing for over a week. welcome to the program more than one hundred refugees and migrants are missing drowned after their boat capsized off libya's west coast the bodies of three young children have been recovered at least sixteen people survived a spanish rescue ship says it was told by a talent officials to let the libyan coast guard respond to a distress call from the boat witnesses describe the vessel as old and overloaded. we are actually in the front. row of the thirty there were one hundred twenty people on board on our way the front part broke a wooden piece pierced it and then the boat started sinking and the water started to rise everyone died women children elderly peo