change does not come fast in italy. we are indeed getting details of the first projections from the italian general election. local media is predicting now be no overall majority in the new parliament. one report saying the five star movement will be the largest single party. let us get more now live from rome. welcome to rome. absolute deluge cheer. the polls havejust welcome to rome. absolute deluge cheer. the polls have just closed but as the polls closed, the first exit polls came out. we had to treat them with caution. there is a significant margin of error. you outlined the main headlines. the five star movement is coming out by far the largest single party. the exit poll also pointing to a hung parliament, no block or single party has managed to secure the necessary majority. what we would expect now isa majority. what we would expect now is a process of discussions and talks for the forming of a coalition government. let's talk to the director of the centre of formulations and an editor, antonio. what does this

this is did a few news live from berlin a final day of campaigning in italy ahead of the general election on sunday a divisive debate over migration continues to dominate the vote and could pave the way for the stunning comeback the former prime minister silvio berlusconi. and the shaky daily truce goes into effect for a fourth day in syria's eastern ghouta an agonizing wait for those trapped there to see if anything can finally get through. i'm brian thomas welcome to the show today is the final day of campaigning before italy goes to the polls this weekend and the result of sunday's general election is anything but a foregone conclusion there were demonstrations last night in rome the capital as protesters turned out against the extreme right wing party which held its final campaign rally in rome that party wants to abandon the euro and leave the e.u. now despite tensions out that rally no violence broke out the election pits a right wing coalition led by former prime minister silvio berlusconi now he's facing a center left alliance led by another former prime minister material renzi no

is your study of the results so far that far right change in italy -- tinge in italy? italy has -- was the pressure point for immigration from africa for economic reasons. italy has been hit by the crisis in libya, north africa and basically the devastation of the north african continent with so many people with no hope, they tried to cross in order to get a better life. than 600,000 more and aboutmigrants 600,000 have been legalized 10 or 15 years ago. the fact of what more than 1.2 million. gdp on a is been flat for 20 this, if you add to massive immigration, you get a trump or brexit affect. tom: so much going on over the weekend on american tariffs as well. we go to china in a moment. usill to have davide with and other guests on the italian election. the article on foreign policy was the best single article on italy. ♪ ♪ get the bloomberg business flash. wants to getr axa a bigger share of the cash market. insurers have become targets of purchase after disasters last year. -- siemensl go over will -- it is part of a broad overhaul by the ceo. pay $20 million e

or dispelled in recent key national elections but no one told that to the italians tonight voters in italy with a message to the mainstream left no more bus to go off in berlin this is the day. momentum for the five star movement this election has been a trial until. we are a political force that represents an entire nation and i'm joining you but if you go that it will be by the voters have punished all the parties that have approved the country not to tell now come on nobody is she going to go to the g twenty in food or loans is to rebuild europe with men and women not with paragraphs in the bureaucracy this little girl she is trainee did you want to be the leftist knocked up in their fancy living with out of touch that you know if you stick you with your shoulder i am and i will remain proudly populist because those who listen to the people are now carrying out the people's will level anything to get strong on immigration on family policy on the general economy in the italians have spoken clearly they want to center right government. also coming up at the oscars in los angeles a star st

were dispelled in recent key national elections but no one told that to the italians tonight voters in italy with a message to the mainstream left no more bus to go off in berlin this is the day. momentum for the five star movement this election has been a trial still full day of we are a political force that represents an entire nation and shown to you but if you go to a little bit but the voters have punished all of the parties that have approved the kountry turnout them on your part of the chibok like what it means to both of you trying to infer to levels is to rebuild europe with men and women not with paragraphs in the bureaucracy just little girls here and he did you want to be nice and the left is not in their fancy living with inside and out of touch that you know if you stick you with your shoulder i am and i will remain proudly populist because those who listen to the people are now carrying out the people's will will level any they need to show on immigration on family policies on the general economy indeed the telecoms have spoken clearly they want a center right government. also

coming up on the show was it david cameron's war in libya that did it for establishment apologies in italy we investigate the prospects for quickly following breck said with silvio berlusconi's two time foreign minister franco frattini and a hard boiled it on the middle of the irish sea we speak to shin fein and to the u.p.a. following their meetings with michel body in brussels this week after tourism a double down on britain's exit from the e.u. customs union all the civil coming up in today's going on the ground but first to rex it poses a headache for brussels the neoliberal e.u. project now faces more arguable chaos after sunday's italian elections the country with the highest government debt ratio in the e.u. with youth unemployment. standing at thirty two percent arguably responded to statements from selvi news right wing northern league about migration he's warned of a social war leading to crime even though crime figures in italy down except hate crimes like one last month are up ten fold heavy police presence in the central italian town of mustard arthur where earlier on saturday

which is desperate for reforms this leaves italy into transition of its political system. and before ending reforms we need to find a new equilibrium in our political system has been leaving out of the communists and berlusconi for twenty years now the. last there. is in a crisis but was going he's eighty one years old so the changing and their movements in league are the new forces on the rice so first of all we must to really restart the lies the political system and then with a new balance each may have the political strength to implement three or reforms thank you very much. face strong shift to the right in italy how does this fit into the future of the european union and what about the new german grand coalition government so i'm joined tonight at the big table by our political correspondent. and in brussels tonight our correspondent barbara both of you welcome barb i'm going to start with you europe saw that it had the far right under control after the elections that we saw in the netherlands france and here in germany so what in the world happened in italy. you kno

talk and the fascist in italy again that was overstated. fascist parties in italy, oligarchs very, very low but at the same sometime, yes, it is definitely the case that i believe the right is moving towards higher stances on immigration. and mobipossibly not on immigra. and at the same time, the other side of the sign is the left that is staggering to find their identity france the democratic party in italy was seen as the one exception, the one party performing very well now, italy as well, the left as well is there. >> thank you for the analysis today. >> thank you >>> coming up on the show, saudi's crown prince kicks off a pretty good round of dealmaking and diplomacy. we'll be looking at what he's been up to we'll be back teth srt eak.afr isho successful people have one thing in common. they read more. how do they find the time? with audible. audible has the world's largest selection of audiobooks. books like peak performance... and endurance. books that energize and inspire for just $14.95 a month. less than you'd pay for the hardcove

what's next for europe's fourth largest economy after elections in italy lead to a hung parliament. the road to detroit — an indian carmaker makes builds a massive assembly plant right in the heart of america's car capital. and on the markets it's a mixed start to a new trading week in asia as investors digest the result in italy and the impact of us tariffs on the global economy. let's get started and talk you through the results in italy. italy appears to be heading for a hung parliament, with exit polls suggesting that no group has won a majority in the country's general election. but as ever, one of the most pressing issues is the financial state of europe's fourth largest economy. since the global financial crisis hit a decade ago, it has struggled to keep up with the rest of the eurozone and suffered two big recessions. but things picked up last year with growth of i.6%. one of the biggest election concerns for young voters has been unemployment. it unexpectedly rose last week to 11.1% as more people started looking for work. that's well above the eurozone average and amount

of this election was to bring some stability and change to italy boards and these results are coming in it's becoming increasingly clear that it's anything but stability is what is going to be happening here in italy next because of course this new election more than italy had adopted encouraging parties to form called missions before the election where now we do have the courts and the lega parties together kind of moving forward words clear that they're going to have a significant role in the new parliament along with single largest party which is of course the point for a movement which is that it's really not clear how they're going to put a stable god. the together and work together given that there is no clear majority yet you do let's trust the five star movement getting young why not interested in such a disaster over the past few years they will incur alliances this is bad but it seems that they won't be able to make it on their own because it provided the left policies didn't make anybody happy especially the welfare and labor policies plus many other things the defeat is m

dispelled in recent keen national elections but no one told that to the italians tonight voters in italy with a message to the mainstream left no more bust i'm bored off in berlin this is the day. it momentum for the five star movement this election has been a trial until. we are a political force that represents an entire nation at a sort of beauty but if you go the head of it by the voters have punished all the parties that have approved the contract and i'm going to now come on the part of the chibok going to go through the attorney includes allows us to rebuild europe with the men and women not with paragraphs in the bureaucracy just a little bit so you try and he did you want to use the left as snuck in their fancy living with inside and out of touch you know if you stayed if you were your soul i am and i will remain proudly populist because those who listen to the people are now carrying out the people's will will level any they need to show on immigration on family policies on the general economy in the talents have spoken clearly they want to center right government. also coming

next hoffman covering italy's upcoming general election for us thank you max. and we have some breaking news that's coming into us there are reports of an explosion at birkenau faso army headquarters in the capital what are dugu and additional reports of gunfire in a separate part of the city housing united nations offices and embassies there is no word yet on any casualties witnesses say they heard gunfire immediately before the blast out the army headquarters and one eye witnesses told the reuters news agency that masked gunmen with backpacks had attacked guards at the entrance to the army facility. that story still developing we'll bring you more details on that as they come in to us for now though let's move on to some other stories making news around the world israeli police have reportedly question prime minister benjamin netanyahu for the first time in a corruption case involving communications giant bez they're alleging that the company provided positive coverage of netanyahu in exchange for favors he's facing allegations of corruption in several cases

they want to renegotiate the position of italy in the eurozone and withdraw italy from many defence operations, in afghanistan and other regions. it is a big problem they have and i don't know who will vote for that. thank you very much. after a year of turmoil in the film industry, hollywood has once again rolled out the red carpet for the oscars. let's get more now from our correspondent peter bowes in los angeles. peter, some more gongs have been handed out? it's been a busy evening. let me one through a few of the categories, the first of all was to sam rockwell for best supporting actor for to sam rockwell for best supporting actorfor bill shorten to sam rockwell for best supporting actor for bill shorten spill boards. he plays the racist cop —— for three billboards outside ebbing, missouri. lots of people thought he would win and he did. best supporting actor oss, allison janney, and he did. best supporting actor oss, allisonjanney, she plays tonya harding's mother in i, tonya —— best supporting actor oss. she was the favourite in that film. dunkirk has one in three categories, t

this is art international coming up this hour from fringe to front runners italy's anti establishment and the euro skeptic parties are on course to take the lion's share of the general election vote living a bruising to brussels the leader of the league party already is making predictions about europe's future it's clear to us that the system of having one common currency is going to and so we want to be prepared for that moment coming up to focus on syria what's happening there much needed humanitarian aid reaching the rebel on the east and r.t. talks to the only two children first managed to get out from that held place which is occupied by a number of islamist groups. in the model shuttle. bus could ever imagine this two russian families learn their daughters were mixed up with a maternity ward forty years ago a mistake that had tragic consequences that story to. get through kevin i would hear it r t h q tonight just turned ten pm this monday the fifth of march first a big say in southern europe early indications from italy's election show the voters have dealt a blow to the establ

italy has a serious problem with fundamental economic issues, and italy has not been growing in real terms for the past ten years. and as the eighth largest economy in the world, italians are not seeing the benefit of economic recovery. and i think that is a major issue for italy. whoever wins the election. they need to start governing. they need to start reforming the country. it has a lot of institutional issues embedded with the economy. and do you see a contrast then with china? very economically successful in the past 30 years without any elections. you are describing a world with too many elections to handle, which is economically unsuccessful. is that a contrast that you would recognise? this is something that the chinese government very much utilises in their rhetoric. look at the rest of the world, we used to look to america, the west, europe, for inspiration, but look at the endless elections, a lot of politics, and we need stability. we need a strong leader. we need to focus on economic... we are running out of time, butjust a quick word from everybody on what we come to t

also on the show italy votes in a general election on sunday will it bring stability or more uncertainty d.w. heads from sicily an island on the front lines of italy's migration debate voters could tip the election toward silvio berlusconi's right wing coalition. and a final vote on the hard work for coalition deal this weekend will decide whether all of machall can start her fourth term as chancellor but a new poll indicates most germans think one of the parties is not a government. thomas a warm welcome to the show a trade war is in the offing u.s. president donald trump has announced new tariffs against steel and aluminum imports which he says will be made official next. we now the plan is to levy a twenty five percent charge on steel ten percent charge on aluminum the protectionist measure has sent the dow jones plummeting and it drew an immediate response from the e.u. it said it will respond with tariffs of its own. steel made in china a thorn in donald trump's side for months he's threatened to increase tariffs against chinese imports against european ones too but now the time for

we have a fantastic role in italy. then we have this italy which is still the same since centuries now. >> obviously worth reiterating that she comes from the south of italy. she says she was worried about stagnation down there in terms of economic growth and jobs. the real challenge for whoever ends up being given this possible mandate to form a government is going to be not just uniting the country socially, it's also trying to unite them politically across a wide array of different policies >> very big brief particularly with a new leader coming into the country. >>> let's look at some key economic data points in italy to refresh your memory about where the country has been gdp is around the 1% mark. unemployment remains high compared with the eurozone peers, despite a downward trend. it stands at double digits, around 11% nonperforming loans in the banking system is still comparably high with the highest or latest data showing 160 billion euros of debt outstanding. we are joined in studio now by lorenzo. we know th

salvini trying his chances he's already put his name in the hat to be italy's next prime minister. in europe but is all we are now under obligation to form a center right coalition we have a right and a duty to rule in the coming years. other developments one person who's already ruled themselves out the former prime minister material renzi he's quit as leader of the center left democratic party in power at the moment after the worst election result in over a decade frenzies also added that his party would not enter into a coalition with either five star or the league and this is a churkin has got more of a post-election reaction in rome. this was an election that was meant to bring stability and clarity to italian politics but it seems to have done anything but that with of course the antiestablishment five star movement rocketing forward as well as the right wing likud nor taking quite many seats from the way things stand right now those parties of course are celebrating victories in parts in terms of the italian moods we have to say there seems to be a lot of confusion in terms

this is the news live from berlin is the last day of campaigning before italy's national election this sunday will the results bring stability or more uncertainty . heads to sicily an island on the front lines of italy's migration debate voters could have a stunning comeback for former prime minister silvio berlusconi and tilt the country to the right also coming up. no end in sight for the suffering in syria's mr newdow where a shaky daily cruise isn't enough to get a sense of the people who need it most. and a final vote on a hard fought coalition the old us weekend will decide whether i can finally start a fourth term german chancellor but a new poll indicates that most germans are dissatisfied with the prospect of another grand coalition. i'm brian thomas a very warm welcome to the show today is a final day of campaigning before italy goes to the polls this weekend and the result of sunday's general election is anything but a foregone conclusion there are demonstrations thursday night in rome as protesters turned out against the extreme right wing. because a pound party was held it

this is the news live from berlin a final day of campaigning in italy ahead of the general election on sunday other advice and debate over migration dominates the vote and could pave the way for this daunting comeback of former prime minister silvio berlusconi also coming out president trump analysis punitive tariffs on steel and aluminum imports triggering a promise from europe to respond in kind market is one of those fears grow of a new trade war. and no end in sight to the suffering in syria's eastern ghouta were shaky daily truce goes into effect for a fourth day now and an agonizing wait for those track there to see if any aid can finally get through. i'm brian thomas a very warm welcome to the show today is the final day of campaigning before italy goes to the polls this weekend and the result of sunday's general election is anything but a foregone conclusion there were demonstrations last night in rome as protesters turned out against the extreme right pound party which elders final campaign rally in the capital that that party wants to abandon the euro and leave the e.u. now d

the economy is a big issue for many voters around italy i want italy to be organised in a way that will allow our children to have a future and not have to go abroad. i will vote for berlusconi because i think he is the only one who can change something in this italy that is going backwards nationally, as well as at a european and global level. for us, small businesses, the priority is that they lower the taxes bacause with this level of taxation we can't go ahead. this is the problem. people should be better paid and given some guarantees and incentives to people who have better skills. things need to be simpler, much simpler. 0ur guest lorenzo codogno is from the london school of economics. he was a senior official at the italian treasury for almost a decade. well—placed to explain the economic situation in the country. if you can, give us the background as to why the country is in such bad shape, economically?” why the country is in such bad shape, economically? ithink the country has suffered more than others to out the economic crisis. clearly, there are issues at play, demogra

melanne is italy's financial at industrial capital and its leading start up. it's where the online wealth manager money farm was set up in twenty eleven it's a so-called robo investment advisor co-founder paolo got viney raised twenty five million euros of venture capital though not all of it in italy our ambition always been to become a european players or. so when we started we started in italy but then of course the move to long was in some way for a series of elements or lack of capital for instance. looking for capital to scale the combine it was. was basically the only way of making it was was to sell u.k. . he says doing business in italy is not as tough as it used to be he cites recent changes to the law that make it easier to set up innovative companies and says. milan is at the forefront. is becoming more kind of an examples that the rest of us the least trying to copy and move in that direction so. i perceive me. as a more as a leader rather than backed by the overall situation. italy elects a new parliament on march the fourth and the question is w

with italy is not difficult to point to. if you invest 1 million euro and start a shop in italy, the trouble is you can have a good outcome and a bad outcome. if you're lucky, you're making lots of money with your shop, next year will you turn to the state and pay 66% of all your income to the tax man. if you're unlucky, things don't work out the way they should, you find out the people you hired are on a two-year notice period so what you considered initially to be variable costs are now fixed costs. i mention this as an example to show what's wrong. when you look at europe over the last 40 years, the way i read it is every decade one surprising winner stepped forward with bold reforms. it was england in the 1980s. followed by sweden in the 1990s when it was broke. followed by germany at the turn of the millennium, and now france's turn. mr. macron is doing precisely the similar woes that italy is suffering from my two cents is france will power ahead first, and italy will take longer >> let's see what happens. thank you ve

as a threat to italy ok so a big shift a big upset there in italy what are the implications of this election for the european union. i'd say ever since bracks said both far right and far left the populists in italy have toned down their rhetoric their euro skeptic rhetoric rhetoric dramatically they have seen that marine le pen in the french elections with euro skeptic complain it was not successful and so they moved away from this the real threat for europe here is a dysfunctional italian government a hung parliament with weeks of of of haggling of horse trading that will distract from the solving the actual problems the country has with a deeper a debt crisis with a micro try since all of these things will be left on the table while the haggling is going on on the in back rooms so just briefly georg how will italy be governed then through what could be a sustained period of political limbo. well the italian president could decide that the ball attention loney the current prime minister just remains in place in other words a caretaker government that could run its elite and what is now need

news live from berlin a final day of campaigning in italy ahead of the general election on sunday a divisive debate over migration dominates the vote and could pave the way for the stunning comeback from former prime minister silvio berlusconi. also coming up a shaky daily truce goes into effect for a fourth day in syria eastern ghouta an agonizing wait for those trapped there to see if aid can finally get for. president donald trump announces punitive tariffs on steel and aluminum imports dropped threaten to respond in kind markets plummet as fears grow woman new trade. plus match day twenty five in the bundesliga kicks off tonight the club fighting for a place in next season's europa league macian gladbach ended a winless streak last weekend and they're hoping to pick up points at home against a resurgent brain we'll have a look at. i'm sumi so let's go on the good to have you with us well today is the final day of campaigning before italy goes to the polls in sunday's general election and the result is anything but a foregone conclusion that there were demonstrations thursday evening and

next because of course with this new election law that italy had adopted encouraging parties to form coalitions before the election where now we do have the courts italia and the lega parties together kind of moving forwards where it's clear that they're going to have a significant role in the new parliament along with the single largest party which is of course the five star movement which has surged ahead it's really not clear how they're going to put a stable government together and work together given that there is no clear majority just to give you some idea about their reactions here on the ground we have here some of the well the three major italian newspaper the headlines here are pushing forward for the five star movement the government is in a puzzle another one of them reads italy of the five star movement and lego by the run who was of course the leader of the democratic party which didn't do too well here that the prime minister. whose whole career in a referendum and had failed and then came back in this election in hopes of getting more political momentum which hasn't

weeks of deal making lie ahead but it's thought that italy will end up with a center right governing coalition the five star movement didn't have a campaign partner their other group in the anti immigration league party teamed up with four time prime minister silvio berlusconi from go italy and the people of freedom party but it's going to himself is banned from holding office for another year over forward conviction league party leader matteo salvini has already put his name in the hat to be italy's next prime minister. we are now under obligation to form a center right coalition we have a right and a duty to rule in the coming years. while we're crossing live now to rome and other theatregoers been following the election fallout for us what are the voters saying after certainly stirring things up. well you know if you are this was a meant to be an election that was supposed to bring more clarity and stability to italian politics however it seems to have done if not the complete opposite but certainly nothing of the kind because as we have seen with these results coming in throughou

what about the coalition forming in italy? this means that there will be remember that the five-star movement says they will not enter into coalition talks with anyone because they are anti-establishment. this would put them at the top as the biggest party with the most votes and they may decide to go into a coalition. if them saying yes sort of negates the popularity. it will be interesting. >> thank you. francine was live with the latest. joining us now is nick. a good morning to you. extent doaid, to what the big players want to talk to and work with and be friends with others? policyis impact italian and credit? and theis a norm reality is the talks underway between the different parties and you look at the economic perspective and this is a real success story. there is a modest budget account and a current surplus. growth.s lagged with growth isely, but the there, albeit lower. the eminent issue? absolutely not. see the clear italian debt to gdp ratio is traveling in a different direction and you the economy is going well

well as others to see is said the mood in italy right now. is more one of confusion both over the uncertainty of the final results and discontent with a new voting system that's been introduced to complicated what is she said today's italian newspaper headlines talking of a mess and an ungovernable italy italy is a bit confusing at times i live there sometimes so i kind of get it but when you look further afield and check out some of the other western headlines they're predicting a bigger mess and what it could mean for a broader europe check these headlines a lot of predicting a clash ahead between italy and the e.u. basically now the final election results aren't declared yet but the media is already calling it a nightmare scenario for brussels as well as a warning in a stinging rebuke there they go the headline somewhat fueled by the league party leaders predictions for the euro zone two it has to be said. since i have never changed my mind and keep on saying choosing the euro was a mistake it's clear to us that the system of having one co

another headline stories this hour exit polls in italy suggests that the anti establishment five star movement has become the single biggest party following the country's general election while a center right coalition led by former prime minister silvio berlusconi is expected to win the most seats in parliament for both are short of holding a majority the leader of the five star movement luigi de mayo is the young face of the party so far topping the vote well beyond immigration league party's leader matteo silvino mix up a coalition with four time prime minister berlusconi from go italy on the people of freedom party the former pm self eighty one years old by the way is barred from holding the top job for a year due to a fraud conviction would preliminary results being calculated the leader of the five star movement is already celebrating success. was i. was. well with most of the votes counted the question of a coalition government remains very much open as no party has secured a majority to a closer look at the preliminary results artie's on this the situation. the whole goal of t

as a threat to italy just briefly georg how will italy be governed then through what could be a sustained period of political limbo. for the italian president could decide that the ball attention loney the current prime minister just remains in place in other words a caretaker government that could run its elite and what is now the needed many say is is another electoral reform that two three four in the system and make it more possible to bring out one strong force that it has been reformed in the past in a way to avoid a success of the five star movement but now this is came back like a boomerang to all the other parties because now no one is the strongest force in italy carrick thank you very much. is there in rome. when rome finally manages to get a government if it manages to get a government it's going to have to come to terms with some rather difficult economic problems when it has more we're going to be talking about this for the next weeks if not months terry forming coalition could take a lot of wrangling and that means the city could be facing the prospect of entering a period

is also down with more than four percent in their corporate porting there now italy is holding a general election on sunday amid an economy that has been clawing its way back into growth territory nevertheless big challenges remain a national debt level of one hundred thirty percent of g.d.p. and europe's largest number of people living in poverty what do italians expect take a look. i don't expect much i hope whoever wins will do more. peaceful because i think something could change but it depends on which coalition wins i'm not sure if there will be a clear winner most likely they'll have to compromise and reach a broader agreement. will it be a clear winner could it take months for a new government to come together to tell humans are watching their smartphones the election is mostly being fought online all parties are promising more money some even proposing a universal basic income. but even the unions balk at that. frank i mean i personally find the idea to introduce a universal basic income exaggerated this would allow any italian citizen to have an income but it would be too expen

also in the program italy faces.

covering italy's upcoming general election for us thank you max. now to some other stories making news around the world the united nations human rights council says it will hold an urgent debate today on the easter of the situation rather in eastern guta the rebel held on klav in syria a previous u.n. security council resolution called for a thirty day ceasefire in eastern but efforts at implementing it haven't been on israeli police have reportedly questioned prime minister benjamin netanyahu for the first time in a corruption case involving communications giant besuch they're alleging that the company provided positive coverage of netanyahu in exchange for favors he's facing allegations of corruption in several cases but denies any wrongdoing the commander . and extreme cold snap still has europe and its clutches snow and frigid temperatures have forced multiple airport and road closures britain has even called out its army to battle the chaos after some of the worst weather it has seen in decades. the u.k. is digging out and bracing for more the

but gelfand he says he hasn't given up on italy even if it has a lot of catching up to do. the united states can have meetings in twenty four hours when i can have a yes or nor in two days and here maybe i take weeks or months or so i see this gap . but i don't feel stuck in the here i'm proud to be here it may be a bumpy road ahead but more and more italians now say they want things to change. and that's. obviously a. much . better performance of. the bar concert every weekend. what does a football loving country to which its goals. will tell you how to german soccer made it back to the top. in our web special. dot com football made in germany. w. diversity. where the world of science is at home in many languages. on top of that i've been doing very. well with us our innovations magazine for any. of us from every week and always looking to the future on d w dot com for science and research for. welcome to tomorrow today this week we're looking at the power of music you'll see how it can make learning math easier. and how helpful it is intriguing elderly patients with demen

five star movement but the government is in a puzzle here a win for demaio but italy is in governable so these are just really celebrations inside party headquarters but where italy goes from here is the big question we've been gauging some reactions on the streets here in rome you know when you do let's trust the five star movement to get a young why not just after such a disaster over the past few years the left policies didn't make anybody happy this defeat is mainly the result of the democratic party's politics basically it's a vote dictated by fear and despair the people's reaction was expected the votes will go to. those who make promises and keep them. were in the same situation. we find ourselves in political confusion and it's brought about an uncertain result therefore we will face the same trouble again. well we've seen some reactions for starters from france where a marine the panel had said that the european union is not having a very relaxing night so to speak we've heard from former you keep leader congratulating the five star movement so for more on this i'm now joined

we don't get much of that in italy. interesting thing, with the guys at weei screen, if he changes the base currency, you see a lot of different outcomes as far as the returns you get on indexes. i thought about what it would look like in pounds. i'm looking at the euro calls here and the interesting thing is, investors are hedged against the political risk. one-week reversals are in blue. the one year in white. they are so bullish on the euro. what do you expect to happen on currencies and how do you hedge that out? or do you and your portfolios? guest: i think there is more political risk in the u.k. versus, we talked about italy and germany. conservativee party in the u.k. not having a clear mandate what they want to do because you have the remainders and the high prisoners and it is impossible to create a middle ground where everyone is happy. leadership struggle is likely to emerge and all those things i think have real consequences on the economy, real consequences on investments. whereas in italy, you are used to

also coming up a hung parliament in italy spells maki tom says until we take a look at what it means for the country's economy. and prepare for tough units reports that the european aerospace consortium advice could cut thousands of jobs across europe. this is your business update i'm headed home free in berlin glad you could join me asian markets fell at the start of the week in the wake of further threats from u.s. president donald trump to slap tariffs on imports of steel and other minion threats which continue to feed concerns of a global trade war commerce secretary wilbur ross defended the president's decision on u.s. television saying trump does not plan any exemptions to the tariffs ross also said threats from europe of retaliate tariffs on american products were in significant and from an accounting point if you would only amount to a rounding error. well president trumps trade threats could certainly hit europe where it hurts he said he'd add tariffs on european car imports now if the europeans decide to slap import tariffs on u.s. goods that would be the response that woul

least japanall, at has growth, which italy does not. italy is tied to the euro. use -- it is not going in the direction of bringing inflation back to its target. i think they can. and the lower house, i think they will continue. he has only said that 2019 will be the time of less tax. think in a nutshell -- david: do they have a communications issue or credibility issue? what do they have to pull out of the hat? >> i think they do have a communication issue because they have to targets. they have to communicate. that is a price target and they have a quantity; it. quantity semi-target. we keep looking at where the rate is. they need to clarify what is their operational target to reach their ultimate goal, which is inflation. the minute they do that, it will be clear. since we are talking about central banks, i want to ask you one last question. the pboc, part of the report came out. they said they will improve the mechanisms. pbocthat tell me that the will not be moving to a rise anytime soon? >> we were not expecting a rate hike is of the mechanisms. more -- wha

told be well be used to the situation that happens in italy all the time we will cope with that it's obvious might be used to this situation but europe is certainly watching closely should brussels be worried about the surge of support for u.s. skeptics pastas and the far right. you are certainly afraid of the uncertainty and possibly instability here in italy because the economy is weak and italy cannot afford to have an instable government and you have to keep in mind that sixty percent of all italians voted for populist parties and this is a clear warning sign for europe and as marine le pen the right wing leader in france said in wonder if it reads this is really a bad day for europe she was rejoicing in brussels people said well silvio berlusconi is coalition is expected to have the most sits in parliament and does this mean that it's a spectacular comeback for him this is really astonishing comeback for a man who was considered to be put it to be dead from the outside he looks like a mummy but he is still active inside he has the ability to pull the strings behind the right win

word in the countries newspaper headlines against the backdrop of the ongoing refugee crisis italy is going to the polls on sunday and public opinion seem to vied it with right leaning parties gaining momentum as you can see from the chart. no water project to garner over thirty percent of the vote both parties are known for their tough stance on immigration this issue remains a key one as the country struggles to deal with a continuing flow of newcomers. to travel to one italian town that hopes its approach to migrants will be taken up by the entire country we are incest a savage of on the on the outskirts of milan in the north of italy once an industrial town used to have overwhelmingly communist views dubbed the stalingrad of the country today those views have all but vanished with elections in italy just around the corner this place hopes to lead by example in tackling immigration and tolerance seems to be the last of concerns. whatever will help the situation must be god it's very important in other countries they are already doing these kinds of things and no one gets offended b

i been speaking to john hooper, italy correspondent for the economist about just john hooper, italy correspondent for the economist aboutjust how john hooper, italy correspondent for the economist about just how turnout could affect the result. the first thing that is different is turnout, which seems to be on the low side, going the way of maybe 5% and 10% less this time. and with very significant regional variations. in the south, turnout seems to be higher, which should, perhaps, favour the five star movement, which has made the south into something of a fortress. it seems to be going lower in the ce ntre seems to be going lower in the centre and the north and that may be bad news for particularly the democratic party. you would be able to talk about disillusionment with the parties in the south because of the parties in the south because of the economic situation in the south to two high unemployment. high unemployment and high juvenile unemployment. lots of people in need 25 to 35 age group who are on short—term contracts, who are not getting the benefits of full employment, and who feel t

no because italy as i said that's been left on the whole i criticize happily. very beginning deep agreement between you and your keep putting billions of euros in the hands of we're told why allowing our door if you will had with the repression and i would say it destroying in number of fundamental rights in his country these was a serious mistake in the meantime you will remember when you were met and they decided that you wrote africa instructed g. they put on big table few hundreds well millions kobe at four dollars you who compare it to billions of europe only man's dollar it gives the idea of an balance and easy sell their perception italians and this is the be they pay the price if you're in deep elections you mentioned the franco german axis macro is electorally arguably in trouble merkel has put some coalition together isn't it it's really fighting against the e.u. in a better position to talk to donald trump now that we seem to be having the beginnings of a full scale trade war trade tariff war. very much will depend on who'll be in the next government

word in the country's newspaper headlines against the backdrop of the ongoing refugee crisis italy is going to the polls on sunday and public opinion seems divided with right leaning parties gaining momentum as we can show you from the chart. no water project began a thirty percent of the vote both parties are known for their tough stance on immigration and this issue remains a key one as the country struggles to deal with a continuing flow of newcomers. travel to one italian town that hopes its approach to migrants will be taken up by the country as a whole we are incest a savage avani on the outskirts of milan in the north of italy once an industrial town used to have overwhelmingly communist views dubbed the stalingrad of the country today those views have all but vanished with elections in italy just around the corner this place hopes to lead by example in tackling immigration and taller and seems to be the last of concerns and what it could do here. whatever will help the situation must be done it's very important in other countries they are already doing these kinds of things an

the possibility of a rift maybe now between italy and the e.u. . do you think brussels is worried yes is really really worried because you know first of all five summers the lega nor the even though they're right wing coalition they are not so happy about the eurozone about you or your union and several times . when you see that you want to abolish the sanction against russia you want to change even the foreign policies or retaliate he wants to restart again cooperation with russia and for sure is not happy about this is really concerned about the only bridge so i can see even the united states if we. even start for the intelligence how you see it they publishes some analyses some videos about italy and they are really concerned about these and. in the future we really can't really choose to joke about this in europe by in the international arena. is focused on syria latest there now united nations aid convoys enter the syrian rebel enclave of eastern go to has been such a trouble spot of light just outside the capital damascus where he is a total

voting in germany and italy. leaving things up in the air in italy. jinping's meeting in china on the national people's conference. and number three, the turmoil over trade. alix: a real party over there guys. i want to kick it off with what is happening in europe. the action is a selloff or the italian bond market. the euro-dollar really calm. is the market going to have to deal with consistent and political uncertainty in europe? >> even though italian bonds are selling off, they are not really moving all that much, which is very interesting, especially considering the dire predictions should there be an unexpected verdict. we don't of the outcome of this italian election there are still most being counted. it will take weeks, if not more, before there is a government that is: last. there is a dispute over the financial aspects of italy that removes it from five-star. it keeps it from too much volatility. a lot of uncertainty remains. i wonder how much we will get with respect to more concern about breaking up the euro and possibly having a less pow

also coming up the prospect of a hung parliament in italy spells market uncertainty we take a look at what it means for the country's economy. and buckle up for turbulence ahead reports that the european aerospace consortium are thousands of jobs across europe. this is the business live from berlin i'm going to office asian markets fell at the start of the week as u.s. president almost trumps threats to impose tariffs and still an element in products continues to feed concerns of a global trade war drums commerce secretary will the ross defended the president's decision on u.s. television saying trump does not plan any exemptions to the terrace where there was also said threats of retaliatory traffic tariffs on american products from europe where in significant from an accounting point of view would only amount to a quote rounding error so pretty defiant stance coming there from across the atlantic there's been talk of a trade war since donald trump took office and many have said it's just tore but is it getting serious now let's bring in michael hewson chief market analyst from c.m.c