so italy to me -- continue, francine. francine: finish your thought, and that i want to talk about gamestop and bank of england. but your thoughts on italy, you like equities? francesco: it is more of an equity trait them a reflation trade, rather than a classic trade we would be used to, where spreads triton, you know, -- t ighten, you know, we have all of that, it is really getting accounting wages up and getting industry started again. that is more, to me, an equity trade, an italy inc. trade than it is a btp trade. it is a completely different playbook from what we have seen in the past. francine: i want to talk about gamestop. it has been a wild ride in the market in the last 10 days. is there something that has made you uneasy? are we going to see regulation? how do you see this playing out in the wider world on the longer horizon? francesco: well, there is a lot in there, francine. you mentioned systemic risk. i, frankly, at this point, do not see them. trying to think hard with the group at eisler capital about wh

>> this is a long tradition in italy. tradition in italy has been based on a different electoral system that has granted the idea that even a very small minority group needs to be represented in parliament and that has formed a fractured political culture that still lives on even if the loss of changed. i think we have suffered from that. of course populist leaders in recent years have had a big weight in the political life of this country. promoting the idea that if the government is elected and if the polls say something different because the political sentiment has changed throughout the country, then we need to go to another election or look for a different government. this is the most recent trend but it comes from a different political culture based on a different system. kim: his technical predecessors lasted one year and four months. do you think mario draghi will do better? how do you see this playing out longer-term? >> i think his intention is not to last more than that because it will be enough to restore ital

this is famous across italy. in the states we rarely eat rabbit but the delicious, lean meat draws the crowds up here to this secluded restaurant. but before we can eat it -- do you want me to open this? >> yes, please. >> we have to catch it. above the restaurant, wild rabbits are caught with an ingenious and sustainable method the islanders have been using for centuries. a pit is dug close to the rabbit hole and tasty food is thrown down to tempt them out. fragrant leaves and berries are specially selected to add flavor to the rabbit's meat. >> the taste comes through into the meat. >> then all you've got to do is hop in, catch one, and i'll spare you the rest. sylvia's little brother augustino runs the kitchen. he's brilliant at bringing out the best flavors from the wild game here. he's worked at some of the finest restaurants in new york and london. but he came home to apply his skills to traditional, rustic cooking. the last time i saw him i ran into him on the streets of new york. he was in a bad way. i'm

italy is after all one of the use founding members as well as part of nato. many saw the signing of this contract as a break with the old alliances. the logic of the italian government back then was purely economic. they said everyone else was doing business with china too even if they had no official agreement. there is absolutely no contradiction and no conflict with european strategy if someone worries about the fact that if china in . the us to give them back something china has invested in germany holland belgium france spain malta istanbul in greece and u.k. all portals in europe have the chinese all the shit. out of the city is a psychologist and author lived in china for 6 years and observed the events around the new silk road development with a critical eye. she thinks the italian government was trying to create an economic advantage for itself but underestimated the plant's political dimensions a lot of the theory could he acknowledged months of this political project by a member of the g 7 had a great propaganda value also in china itself. that an

china exploited the divisions by sending aid to italy. europe eventual he came up with investment programs but small businesses like ricardo's felt this help came too late. i've looked up could you foresee. me i would have really liked to have seen a united europe as everyone had predicted a strong union with fundamental coordination. or something one of the i mean i would have liked to have seen those with more opportunities to help the others a true europe you know obviously you know ok so. but in the end it didn't work out that way you know once everyone close the borders and said here's a brick wash your own dirty laundry at home when you spark you know about their meaning. really showed us that we can't talk about a single hero. from the mint i mean thing in the ocean bush and with a lot of. anyone who comes to trist can still experience the charm of the old habsburg monarchy. 100 years ago the port city was a trading hub to eastern europe. the iron curtain interrupted billings for decades . now the city wants to return to its former

italy has a new hope. former ecb president mario draghi is tapped to become the next prime minister. he meets with the president today. santander takes a $1.4 billion charge in the fourth quarter amid job cuts and branch closures. we will speak to the chairman. just under an hour away from the start of cash equity trading in europe. take a look at the gains we are seeing in equity index futures. the strength that we saw an hour ago, euro stoxx 50 futures up only .5 percent, ftse futures gaining .3%. in terms of u.s. futures, we see green arrows across the board. about .7% on the nasdaq, futures on the dow and s&p are up, but less than .5%. what kind of risk indication do you see from the global macro movers screen? anna: you've been through the futures and they point to the upside and we see stocks in asia making moves to the upside so we have a risk on reflation trade in focus, up .9% on the msci asia pacific so we are back to thinking about cyclical stocks, about yields moving higher, and the like. you d

italy's historic volcano, the most fearsome and devastating eruption. at least once every century. >> the volcano is this ever-present threat, isn't it? >> it is. because it is on the landscape. you always watch it. you always have a -- have it in your mind and in your eyes. >> this professor is one of the 3 million neapolitans who live in the shadow of the mighty volcano. >> people are obsessed by the possibility of dying because there is a volcano, because there are earthquakes, because there are epidemics. >> yeah. >> so it's very hard for them. >> life can be tough in this volatile city. it's no wonder everywhere you go in naples, you see handmade shrines keeping a light shining for loved ones who have died. >> this is all over the city, you see this. >> yes, they are included in the architecture of the city. these are kind of temples of memory. you remember the people of your family or of your -- of your friends. especially young people who died. >> coming from a southern italian family, death was always talked about. i remember my grandmother used

italy is after all one of the e.u.'s founding members as well as part of nato. many saw the signing of this contract as a break with the old alliances. the logic of the time government back then was purely economic. they said everyone else was doing business with china too even if they had no official agreements. there is absolutely no contradiction and no conflict with european strategy if someone worries about the fact that if china in . the us to. china. germany holland belgium france spain malta. and greece and u.k. all ports in europe have chinese all the shit. out of the city is a psychologist and author lived in china for 6 years and observed the a bence around the new silk road development with the critical. she thinks the italian government was trying to create an economic advantage for itself but underestimated the plans political dimensions. but a lot of thought there you recall she acknowledged the ends of this political project by a member of the g 7 had a great propaganda value also in china itself i'm caper by going to stick with that in a 4th thi

and fun with fruit in i northern italy. this is it now. tell my family _ northern italy. this is it now. tell my family i _ northern italy. this is it now. tell my family i love - northern italy. this is it now. tell my family i love them. l hello and welcome to a little slice of paradise just a few short miles off the coast of tanzania. i am here to find out why a new discovery on the bottom of the indian ocean could be a game changerfor the creatures that live in and around the ever coral reef here. first, though: height waves and ocean views. there was a time when cruising was, well, just cruising. as the industry went from strength to strength, enjoying healthy profits. a record 30 million passengers worldwide took a cruise in 2019. that figure was only projected to grow, but then covid happened and the whole industry was brought to a halt. cruise liners were hit particularly hard during the first wave of the pandemic. in march 2020, the ruby princess was one of the first big cruise ships to have a covert outbreak on a cruise from australia to new zealand —— covid

and -- is famous across italy. in the states we rarely eat rabbit now, but the deliciously lean meat draws the crowds up here to the secluded restaurant. but before we can eat it -- do you want me to open this? >> yes, please. >> we have to catch it. above the restaurant wild rabbits are caught with an ingenious and sustainable method the islanders have been using for centuries. a pit is dug close to the rabbit hole and tasty food is thrown down to the tempt them out. fragrant leaves and berries are especially selected to add flavor to the rabbit's meat. >> the taste comes from -- >> into the meat. >> naturally. >> then all you have to do is hop in, catch one and i'll spare you the rest. sylvia's brother runs the kitchen. he's brilliant at bringing out the best flavors from the wild game here. he's worked at some of the finest restaurants in new york and london, but he came home to apply his skills to traditional rustic cooking. the last time i saw him i ran into him in the streets of new york. he was in a bad way.

is seen when it looks at italy now. well the european union now of course is worrying about the timing because time is running out i think we should be ready for april maximum made to present a credible plan of investments for the recovery plan and many other subsidies which are you know going to pot be par into into the talian system and i think that mario drive this figure if he succeeds forming a government will be a government before all the european union leaders that somebody is managing the process well otherwise the turmoil could become a very dangerous a very dangerous land and it will make the situation of italy bad because the public debt and the outer bad indicators would make it to either this position into the european union unsustainable so i think that mitt mario draghi is figure is a is a sort of a of a guardian figure that they see as a guardian angel of our economy and they are looking at these experiments with a lot of attention and a lot of consideration so very quickly for you from the political pa

coming up, we actually moved italy, italy looking ahead. former ecb president mario draghi has been tapped to steer the country out of the world's recession since the end of world war ii. we will have all the details, next. this is bloomberg. ♪ h■Ñsrú ■nga■■ >> mario is a great leader at every level. may i say, it is up to the italians in the italian government to decide who the leader should be, but on a personal level, i have a great respect. he will do whatever it takes to save the euro, so i wish him the best if he gets the job, and i am sure he will deliver for all of us, as he did for europe. francine: that was the santander chair ana botin speaking about some of the politics going on in europe right now. former ecb president mario draghi has been tasked to become italy's next prime minister. the country's head of state will meet with draghi later today to ask him to try to form a government. this comes after talks failed to reach an agreement on a new premiership for outgoing prime minister just a picante. i am pleased to

the former prime ministers italy. i guess the politics and the machinations of italy. coming up we speak banking with the former credit suisse chief executive. we will talk about valuations at 6:30 a.m. in new york, 11:30 a.m. london. this is bloomberg. ♪ tom: bloomberg surveillance, good morning everyone. equity lift up 16, dow up 54 points. 24.43 on the vix. stronger dollar. you see that with euro beginning to test 19 -- 1.19. gamestop, lift off 90 up to the 100 level. amazon unsure of the bezos announcement. amc churning there single digits. silver testing new lows. jay powell and robinhood next. ♪ tom: stocks find a continued bid. amid higher yield, the weak dollar bet is in retreat. the gamestop squeeze is in continue to treat. whatever it takes to salvage italy. draghi to the rescue. the economy is depressed at 20 plus years and it is without question the most robust return on capital in modern business history. jeff bezos on invention first and then shareholder return. amazon employees 1.3 million bodies. g

if i look at italy, how does mr. draghi relate to the different people and cultures of, say, naples or genoa or milan or somewhere down south i don't know? what is his attachment to the people of italy away from the political elites who are playing this parlor game? wolfango: i don't think it would be difficult for draghi. he will be easier for draghi that it was for monti. he was director of that treasury at the time politics was extremely messy. if you're not able to play politics, you won't be able to survive in this kind of job. yes, he has been away for a long time and openly perceived as an elite by the voters, especially five-star, but i don't think it will be particularly difficult on that front. also because at the end of the day, there are no other really credible names around. tom: is the nation ready for some form of deregulation or reregulation with an attempt to boost productivity? wolfango: no. no. from the political parties, money will range from brussels and we will use this money the way we watch, w

italy years after all one of the u.s founding members as well as part of nato. many saw the signing of this contract as a break with the old alliances. the logic of the italian government back then was purely economic. they said everyone else was doing business with china too even if they had no official agreement. there is absolutely no contradiction and no conflict with european strategy if 1st someone worries about the fact that if china race the day in the u.s. to give them back to something china has invested in germany holland belgium france spain malta you stumble in greece and u.k. all ports in europe have the chinese all the shit. out of the city is a psychologist and author who lived in china for 6 years and observed the events around the new silk road development with a critical eye. she thinks the italian government was trying to create an economic advantage for itself but underestimated the plant's political dimensions polarised after you recall she acknowledged months of this political project by a member of the g 7 had a great propaganda value in

northern italy was slated to become a major transshipment center for chinese exports. zenner d'agostini who is head of the port authority thinks china's interest interest is proof of its growing significance. because she events me saying you will is growing a lot all of these nations. very easily accessible by by the board of the u.s. this show you know i. it is very simple if you look at the map you see that if you bust through 3 s. there and you go to hungary through germany towards there you arrive faster of. passing from an over a range ports. the city is investing even more in its rail network than in the 40 itself. built over 100 years ago its direct links to eastern europe are still there they just have to be upgraded. but also it pains to emphasize that although it welcomes investments from china it has no intention of selling off the port lock stock and barrel what was a free as a goal 2 years ago a problem a matter of became a geo political issue no if. you say ok this part of it that it is no more my territory and this was done in greece this is not what is

and former bank chief merit draggy takes over as italy's new prime minister now the economist credited with saving the euro must revive the nation's ravaged by the pandemic and a crippling recession. i'm max foster welcome to the program lawyers for donald trump wrapped up his defense in the former u.s. presidents impeachment trial denying that trump played any part in inciting capitol hill riots last month the defense team took just 3 hours to make their case and call the trial a political witch hunt the senate will reconvene on saturday morning when members are expected to vote on whether to convict trump. day 4 of a trial which has all but guaranteed outcome. yet its participants push on. it was time for don't trump legal team to make their defense and lay out why the former president shouldn't be convicted. the article of impeachment now before the senate is an unjust and blatantly unconstitutional act of political vengeance their argument focused on freedom of speech insisting trump was exercising his 1st amendment rights when coughing doubt on the election results the constitutio

and form of mario draghi takes over as italy's new prime minister now the economist credited with saving the euro must revive the nation ravaged by the pandemic and the crippling recession. imagine how 2 of us on p.b.s. in the united states and around the world welcome will stop in the usa where president trump's defense lawyers are opening their impeachment defense by denying that trump played any part in inciting the capitol hill riots decrying the case as political vengeance and calling it a witch hunt their position is clear trump holds no responsibility for violence of the generous 6 riots they say that only those who actually stormed the capitol black. the article of impeachment now before the senate is an unjust and blatantly unconstitutional act of political vengeance this appalling abuse of the constitution only further divides our nation when we should be trying to come together around shared priority we're joined now by mary ziegler law professor at the florida state university welcome today it's time for trump's team to mount their defense what will be their strategy it's bee

i think the thing that was most amazing about italy, italy was only unified in 1861 and italy is still a very sort of regional mindset. but this pandemic brought italy together like nothing has in a very, very long time. but there is one good thing that came out of it, it's that. >> there are so many different places -- the northern italians don't really consider the southern italians italian. there are so many interesting rivalries. one thing that's been underrated that is my favorite place to go is naples. you spent some time there. and so what's it like now? >> well, again, it's very interesting. naples is one of the poorest cities in italy. it's a big city, but it's quite poor. the farther south you go, the more poverty there is. it's home to a significant mafia presence. but it is also home to some of the most generous people you have ever met. the city literally looks like it's falling apart at times and it probably is. but it's just the way they choose to live. some say it's because they are in the shadow of a volcano and you can die at any moment. as long as you live a happy li

target fights over italy and over you. if in general it's for. you but we're no longer allowed to fly over international waters over the libyan coast or north dakota you. we're back aboard the ocean viking tony and his crew from s.o.s. my details on me and doctors without borders are once again plying the waters off the libyan coast. and the shores for our mission is sacred. that's what they taught me in the army i'll continue to do this for as long as it's needed for as long as i'm able or until they stop me from doing it of course is good for. today the 18th of october 29th marks the 3rd rescue operation of the month it's another overloaded inflatable boat full of men women and children. that are feeling the best will just. as they climb aboard the ocean viking the 104 rescued people assure that they have secured their freedom however since 2017 at the initiative of the european union and the rescue zone has been established when a boat is in this sector the libyan coast guards is supposed to intervene and take the migrants back to libya. and t

china exploited the divisions by sending aid to italy. europe eventual he came up with investment programs but small businesses like ricardo's felt this help came too late. i believe that you foresee one or. i would have really liked to have seen a united europe as everyone had predicted a strong union with fundamental coordination. for something or again i mean i would have liked to have seen those with more opportunities to help the others a true europe you know the numbers and here you know ok. but in the end it didn't work out that way and everyone close their borders and said here's a brick wash your own dirty laundry a whole bunch of barking about the really. that really showed us that we can't talk about a single euro. on them and i mean 3 and. a lot of the a lot of. anyone who comes to trist can still experience the charm of the old habsburg monarchy. 100 years ago the port city was a trading hub to eastern europe and. the iron curtain interrupted the links for decades. now the city wants to return to its former glory and is hopin

and is famous across italy. in the states we rarely eat rabbit now, but the deliciously lean meat draws the crowds up here to the secluded restaurant. but before we can eat it -- do you want me to open this? >> yes, please. >> we have to catch it. above the restaurant wild rabbits are caught with an ingenious and sustainable method the islanders have been using for centuries. a pit is dug close to the rabbit hole and tasty food is thrown down to the tempt them out. fragrant leaves and berries are especially selected to add flavor to the rabbit's meat. >> the taste comes from -- >> into the meat. >> naturally. >> then all you have to do is hop in, catch one and i'll spare you the rest. sylvia's brother runs the kitchen. he's brilliant at bringing out the best flavors from the wild game here. he's worked at some of the finest restaurants in new york and london, but he came home to apply his skills to traditional rustic cooking. the last time i saw him i ran into him in the streets of new york. he was in a bad way.

is seen when it looks at italy now. well the european union now of course is worrying about the timing because time is running out i think we should be ready for april maximum may to present a credible plan of investments for the recovery plan and many other subsidies which are you know going to pot be par into into the talian system and i think that mario drive this figure if he succeeds forming a government will be a government before all the european union leaders that somebody is managing the process well otherwise the turmoil could become a very dangerous a very dangerous land and it will make the situation of italy bad because the public debt and the outer bad indicators would make it to either this position into the european union unsustainable so i think that mitt mario draghi is figure is a is a sort of a of a guardian figure that they see as a guardian angel of our economy and they are looking at this experiment with a lot of attention and a lot of consideration so very quickly for you from the political parti

there is a bit of political turmoil in italy. mario draghi meeting with a number of political experts at the moment to try and figure out what he does in terms of his government, whether he goes 100% technocratic where he wants to trying get off a little bit of political support. the outgoing premier signaled his lukewarm support for a draghi led government calling for one of a political government instead of one of technocrats. we spoke to a number of prime ministers to understand the challenges going forward. i am delighted to be joined by a -- the global head of economics and capital markets but also at the italian treasury, so he understands the money aspect that italy has to deal with. thank you for joining us, how crucial is it that we have some kind of legitimacy with politicians in this new government. is it a good idea, or does it mean it is more difficult to take the structural reforms needed? >> thank you for inviting me. i think what is important is that the new executive will have a majority government and a majority

he is the best person to save italy, but he has only two years. the italian prime minister, as you know, does not have the same power as the french president or the german chancellor or the u.k. premier. and lastly, he will need a pretty strong majority, which is not granted at the moment. and, so, assuming that the government will go forward, i think he will push much more on the investment side, and this is what the companies in italy will need. in italy, you have a lot of companies that are undercapitalized, so not only they have a volatility of debt, which is actually available, but also having the possibility to increase their equity and consolidate. francine: thank you so much for all of the updates. some great outward. i think andrea bocelli, renaissance style. global vice chair and emea chair of alixpartners joining us today. coming up, a conversation with the moderna co-founder. he talks vaccines and public health challenges. this is bloomberg. ♪ s bloomberg. ♪ h■Ñsrú ■nga■■ >> in this particular pandemic, certainly once you

i was sicily in the italy. well in the meantime training continued at tuskegee and three additional single engine fiber squadron were trained the 100-30 first and 30 seconds squadrons. i became amanda the 30 second. but the 332nd fighter group. all of us are trained in. the p40 and ready for combat and the p40 but he said oh you are going to do some patrol work. and we were switched to the p-39 bill larry cobra. went directly to italy at the same time the 99th was moving out of sicily in italy. they were attempts to the i believe another factor, but i think 79th or 75th. my memories not certainly exactly well for that. but but i'd say a little bit of integration went over because colonel bates of the group, they were assigned to was just glad to have more pilots and more aircraft and over the ads. he'll be checked 99 flying with the 79th prime group shot down several german aircraft. so it was a matter of opportunity. but at this same time the 332nd was patrolling naples harbor and the waterways up the close to

and, mario draghi takes over as italy's new prime minister. now the economist is credited with saving the nation, ravaged by the pandemic, amid a crippling recession. ♪ i am anthony howard. to our viewers on pbs in the u.s. and around the world, welcome. we start in the usa, where president trump's defense lawyers are opening their impeachment defense by denying that trump played any part in inciting the capitol hill riots. they are decrying the case has political vengeance and calling it a witchhunt. their position is clear. trump holds no responsibility for violence of the january 6 riots. they say only those who actually stormed the capitol are to blame. >> the article of impeachment now before the senate is an unjust and blatantly unconstitutional act of political vengeance. this appalling abuse of the constitution only further divides our nation, when we should be trying to come together around shared priority. anthony: we are now joined by marie ziegler, law professor at florida state university. welcome. today it's time for trump team

.— choice to save italy. what has happened _ choice to save italy. what has happened to _ choice to save italy. what has happened to matteo - choice to save italy. what has happened to matteo renzi? i choice to save italy. what has - happened to matteo renzi? when you were the prime minister, you were the poster boy of italian politics, you are ambitious, you were an energetic reformer. and here you are now leading a much smaller party, breaking away yellow neck from the coalition, causing a crisis. i5 coalition, causing a crisis. is there something in your story that defines the problem in italian politics? i defines the problem in italian olitics? ~ , . defines the problem in italian olitics? ~' , ., , politics? i think there is a very stranue politics? i think there is a very strange and — politics? i think there is a very strange and difficult _ politics? i think there is a very strange and difficult life - politics? i think there is a very strange and difficult life for. politics? i think there is a ve

is seen when it looks at italy now. well the european union now of course is worrying about the timing because time is running out i think we should be ready for april maximum may to present a credible plan of investments for the recovery plan and many other subsidies which are you know going to a pub be par into into the talian system and i think that mario drive this figure if he succeeds forming a government will be a government before all the european union leaders that somebody is managing the process well otherwise the turmoil could become a very dangerous a very dangerous land and it will make the situation of italy bad because the public debt and the outer bad indicators would make it to either this position into the european union unsustainable so i think that mitt mario draghi is figure is a is a sort of a of a guardian figure that they see as a guardian angel of our economy and they are looking at this experiment with a lot of attention and a lot of consideration so very quickly for you from the political par

so the point is -- francine: does italy need a bad bank? carlo: i think that is only needs to have an acceleration in terms of growth in the country because that is something that is not the right solution to such a situation. we need to have good management in the banking sector and we need absolutely to have the right focus on recovery, so i don't think a bad a bank would be the deaf -- solution. it is all a matter of price. if an italian bank can give very favorable prices, it could be a good solution. otherwise, if the price is the same as private equity, it is not the best solution. francine: what exactly are you expecting from mario draghi now? what does his priority need to be to get the economy back on track? carlo: i think in italy, we are a strong country. we have several conversations. italy is by definition today the strongest country to look at these companies. if you look at the savings of an entire family, fundamentals are very strong. what we need is growth in terms of gdp, so an acceleration in terms of growth. we need to f

mario draghi has been sworn in as italy's new prime minister. the former ecb chief will lead a unity government after winning the backing of almost all the country's political parties. he unveiled his new cabinet made up of lawmakers from across the political spectrum as well as eight technocrat ministers as well as daniele franco as finance minister i think the major announcement from the week ent is all political parties, all major political parties have now turned their weight behind mr. draghi and his government. the interesting thing about the government composition is it's not a purely technocrat government, it's a combination of both technocrats and also existing politicians of course, people are very family with luigi di maio who maintained his role as finance minister he was the former leader of the five star party. there's been a little criticis leveled at mr. draghi over the weekend saying, you know, perhaps some of the appointments were a bit too political we were hoping for a technocrat government but the fact that mr. di maio is st

italy is after all one of the e.u.'s founding members as well as part of nato. many saw the signing of this contract as a break with the old alliances. the logic of the a time government back then was purely economic. they said everyone else was doing business with china too even if they had no official agreements. there is absolutely no contradiction and no conflict with you would be a strategy if someone worries about. china in. the u.s. to give them back to. china. germany holland belgium france spain malta. and. all ports in europe have the chinese on a ship. right in the city is a psychologist and author lived in china for 6 years and observed the abend surround the new silk road development with the critical. she thinks the italian government was trying to create an economic advantage for itself but underestimated the plant's political dimensions. but a lot of thought there you recall he acknowledgment of this political project by a member of the g 7 had a great propaganda value also in china itself i think a propagandist figuring that an offer of this the

this masked man, he's acknowledged as one of the greatest cheese makers in italy. once the milk is heated, mimo separates out the curds. the curds are chopped and boiling water is added. the result is incredible. >> it is like he's a magician, do you know what i mean? in italian mozala means to cut-off. >> this process gives the cheese its name. the mozzarella then rest in the bath for a while. mozzarella is best eaten fresh. which is great news for me. >> oh my god. >> so if you are going to make the greatest pizza in naples, once you have the best mozzarella, you need the best tomatoes. enzo is taking me there. now i am heading to the promise land. although i have not quite expected to be a small farm under a freeway. >> we are meeting enzo's special supplier. behind his rusty gates, i am reminded that here in italy, treasures are found in the most unlikely locations . i have eaten san mazarno tomatoes all over the world but these is nothing like i have tasted. >> that's it. varieties using the sun mark's name are grown everywhere from new jersey and new zealand.

that area of the italy, the bombers had moved out of north africa into southern italy and we were just north of them so we -- as they took off and we joined to meet them at a designated area and say, flew through wards their targets. and then of course, that was north to -- from italy and northwest to southern france. north to germany and then of course, eastern czechoslovakia and all the way into the beach in romania. and, that was a set up at that time from bases in italy. but the prime base was in the -- area of italy. >> great, thank you! from david trail, he asks, what's selection criteria were there for the tuskegee airmen when you joined? >> so that's an interesting question. i'm not sure i had the answer. the selection process. for myself, when i was in school, i learn the mechanics training and i think someone just said, be a pilot. i went and passed the pilot exams and got colled in what was in the spring of 42 in october, i got a call and entered the pilot training directly as a cadet. i think probably because of my training, i didn't have to go to boot camp or any other int

china exploited the divisions by sending aid to italy. europe a bench really came up with investment programs but small businesses like ricardo's felt this help came too late. and. i have a little could you foresee. i would have really liked to have seen a united europe as everyone had predicted a strong union with fundamental coordination for something the core of the i mean i would have liked to have seen those with more opportunities to help the others a true europe you know obviously i mean all ok. but in the end it didn't work out that way in which everyone close the borders and said here's a brick washer on dirty laundry at home by the sparking about the really. really showed us that we can't talk about a single year obviously most i took it from them and the main thing was in the bush and with a lot of the overall. anyone who comes to trast can still experience the charm of the old habsburg monarchy. 100 years ago the port city was a trading hub to eastern europe. the iron curtain interrupted the links for decades . now the city wa

experts and seasoned politicians effects of the coronavirus pandemic can spark a deep recession in italy and drag his new government will be in charge of planning the distribution of over 200000000000 euros in grants from the european union and 19 recovery. i asked journalist seen a group in rome what we could expect from the new prime minister. well he will actually be sworn in later today and then he will present his policy plan in the houses of parliament next week to a vote of confidence that we expect to be a formality and we'll go through that we'll have a clearer idea then but what he said so far it's very clear it's both the health as well as the financial crisis that the country is facing now up until now more than 93000 italians have lost their lives to cope at 19 and the vaccination program is really a priority both heat as well as president surges matter relative highlights that it started out well but it's been stalled in some regions in italy are doing better than others so clearly this is an issue that druggy has said that he wants to tackle and of course you have the fina

only in italy would an ancient cheese recipe be saved by only in italy would an ancient cheese recipe be saved by prisoners. that's delicious. as well as sheep's milk cheese, pork finds its way into almost every dish i've had in rome. historically pigs were raised all around the city because they need less space than other animals. to me vinchenzo is doing something amazing. over the past few years another 50 to 60 food places have opened up nearby. >> romans are renowned for their stubborn resistance to change. i guess it's what's kept the to me vinchenzo is doing something amazing. now people come from around the city it this one overlooked suburb but over the past few years another 50 to 60 food places have opened up nearby. >> romans are renowned for their stubborn resistance to change. i guess it's what's kept the city standing for centuries. but he wants to show me another cafe in the area, one of many that has opened in recent years. i wasn't fully prepared for what we found . >> it's hard to imagine but a few months ago this place was a thriving cafe and bookshop called the el

target fights over italy and over your. and generally it's for. but we're no longer allowed to fly over international waters over the libyan coast wants to continue. we're back aboard the ocean viking tony and his crew from s.o.s. made it to honey and doctors without borders are once again plying the offices of the libyan coast. and shores for our mission is sacred. that's what they taught me in the army i'll continue to do this for as long as it's needed for as long as i'm able or until they stop me from doing it of course is good for us. today the 18th of october $29000.00 marks the 3rd rescue operation of the month it's another overloaded inflatable boat full of men women and children. i feel is the best bush. as they climb aboard the ocean viking the 104 rescued people assure that they have secured their freedom however since 2017 at the initiative of the european union a new rescue zone has been established when a boat is in this sector the libyan coast guards is supposed to intervene and take the migrants back to libya. and this is exactly w

here the top stories on al-jazeera tributes are pouring in for italy's ambassador to the democratic republic of congo who died during an ambush on a u.n. convoy look at that as you know was killed along with his a talent bodyguard and called his driver knew of a real gun national park nobody has claimed responsibility but dozens of on the groups have been battling for control of the mineral rich area italy's foreign minister has vowed to find those responsible for pienaar appraisal the for our closeness and our thoughts go 1st of all to the families i am returning to italy i am leaving the council of foreign affairs to meet with the prime minister and to get down to work we are activating all the relevant institutions to get to the truth as soon as possible about this cowardly attack that these 2 servants on the stage of ows have suffered and lost their lives at the same time we have already taken steps to bring the bodies back to italy as soon as possible instead of hundreds of thousands of people have protested across me and shutting down businesses as part of a general strike against this

target fights over italy and over your. in general it's for the un but we're no longer allowed to fly over international waters over the libyan coast we're not the cooks. we're back aboard the ocean viking tony and his crew from s.o.s. made it tough on me and doctors without borders are once again plying the walshes off the libyan coast. and shores for our mission is sacred that's what they taught me in the army i'll continue to do this for as long as it's needed for as long as i'm able or until they stop me from doing good for. today the 18th of october 29th marks the 3rd rescue operation of the month it's another overloaded inflatable boat full of men women and children to. feel it's best to kill just. as they climb aboard the ocean viking the 104 rescued people assure that they have secured their freedom however since 2017 at the initiative of the european union a new rescue zone has been established when a boat is in this sector the libyan coast guards is supposed to intervene and take the migrants back to libya. and th

italy has been stuck without a government for two weeks. parties have not been able to find an agreement. the president will likely not be the task of forming a new government. from there it is an uphill battle to a majority in italy's deeply divided parliament. annmarie: he is going to be welcomed by the markets. a very known entity, well-respected. i was in italy in the last election, the five-star movement campaign headquarters. this is not a group of people that are going to lake mario draghi -- like mario draghi. does he have support in parliament? >> that is going to be the question. several leaders of five-star have, saying we will not support draghi. others have stayed silent, probably signaling they are going to support him. that is true all across the political spectrum. there's going to be a lot of movement. it will not be easy for draghi to find support in the country. annmarie: we will see how the market does. 7:00 a.m., btp's open up. thank you so much for joining us. coming up next, our top story, more on amazon, from san fra

anwar wants to go to italy. he trained as a barber in morocco but he left because he wasn't making enough money to get by. anwar is following a route taken by tens of thousands of north africans before him. he flew to turkey, where moroccans do not need a visa. and then he set off for europe by land. in sharing his journey on youtube, he has become part of a phenomenon that started two years ago. the migrant influencer. in morocco, they belong to a forgotten generation. nearly one in four young people do not have a job. but through youtube they found a new identity. this is said. better known in the world of youtube as boya vlog. he has a university degree but last year he left his home in morocco and moved to turkey. and from there he decided to reach europe on foot. with 1.5 million views on his channel, he's built up a cult following with his special brand of dark humour. church bells ring we travel to meet him in the italian city of bergamo, where he's now living, undocumented, and is still vlogging. when he

coming up, we will talk about italy. is mario draghi going to be able to work his magic on his home country as the new prime minister? we will talk about super mario, former ecb chief, now the head of italy. that's next. this is bloomberg. ♪ when you switch to xfinity mobile, you're choosing to get connected to the most reliable network nationwide, now with 5g included. discover how to save up to $300 a year with shared data starting at $15 a month, or get the lowest price for one line of unlimited. come into your local xfinity store to make the most of your mobile experience. you can shop the latest phones, bring your own device, or trade in for extra savings. stop in or book an appointment to shop safely with peace of mind at your local xfinity store. ♪ anna: welcome back to "bloomberg markets: european open." just coming up to 10 minutes into our trading session. we are fairly flat across european equity markets. some markets moving slightly to the upside. u.s. futures look fairly mixed. a three-day rally in globa

but with europe's must vaccination program still plagued by job shortages italy is now urging the e.u.'s drug regulator to fast track the evaluation of russia's sputnik fever. we must not be afraid of the origins of vaccines what's important for us is the transition to the european medicines agency we have urged the e.u. to scientifically evaluate the russian vaccine and those from other countries yet the situation in the country has been exacerbated by modernity saying it will deliver fewer doses than expected in february considerably fewer as well the italian government already said it's planning to take legal action against both pfizer and astra zeneca over covered 19. but earlier one of the world's most prominent medical journals the lancet published a study which said sputnik 3 was 91.6 percent effective but was also safe for the elderly no serious side effects either we heard from the president of an italian ngo which is urging the e.u. to approve the russians. in november my whole family received sputnik v. jobs back in november and now we have a high level of antibodies my fam

reason because of his handling of the eurozone debt crisis but does he have what it takes to stay in italy through this crisis he certainly has very very strong credentials rob and not only in europe but also italy itself and you know it's the italians who have to be convinced that reforms are necessary to allow the country to stay a member of the euro club reforms of the pension system reforms of the system how italians are encouraged to join the workforce of course this will not happen in one day and it will need many more sentences many more talking than just one whatever it takes maybe mario druggies chance really is that at the moment nobody wants a new election italy the country like everyone else in europe is going is still going through this pandemic. the news is just settling in italian government bonds racked. up a loss spread the spread between italian government bonds and german government bonds which describes the risk that investors attached to it tell you in bonds this spread has narrowed it has gone down so obviously investors are a little bit hopeful that drug druggy can m

thomas: consultations and wrangling have borne fruit in italy. the former head of the european central bank has been asked by the president to be the next prime minister to hopefully steal the -- steer the country out of the doldrums and t covid crisis. mario draghi's cabinet will be sworn into office this saturday. let's go to our correspondent and rome -- in rome who is following the latest developments. this is a new prime minister who has some rather broad support. >> yes, he does. clearly, mario draghi forming the 67th government since world war ii here in italy, and it is really across the board. he took about 10 days, two rounds of consultations before coming together with this. clearly, he does have those numbers, a broad parliamentary majority. what you are seeing now, officials deciding to work together. you have the largest party in parliament deciding to get on board together with representatives of former prime minister silvio berlusconi's party. this is a party they have sworn in the past not to have anything to do with, but they ha

italy is the bastard at the democratic republic of congo is killed during an attack on a u.n. convoy in the east. hello there i'm just on to tell you this is al jazeera live from doha also coming up. we're city going to what i hope and believe is a one way to freedom british prime minister virus johnson announces easing of coronavirus restrictions that entered reopening schools and allowing outdoor activities. joe biden's nominee for u.s. attorney general merrick garland faces his confirmation hearing he was denied the opportunity to join the supreme court by republicans in 2016. and thousands join a nationwide strike across neon maad despite a chilling message from the military confrontation that cost more lives. italy's president has denounced what he calls a cowardly attack on the italian ambassador to democratic republic of congo who was killed after traveling in a u.n. convoy. died along with a bodyguard and a driver following an ambush in national park in the east no group has yet came responsibility but dozens of armed groups operate in that area and paulk ranges have r

he abruptly exits italy's second-largest lender. good morning, everyone, and welcome to "bloomberg surveillance." i'm francine lacqua in london, tom keene is off today. it is quite a big market day. the insufferable surge of bitcoin taking a pause this morning, prices just shy of $50,000. we