the italian island of lampedusa in italy's south. these are the first boots to come to lampedusa since last september it is not yet clear how things will work out in the end but the best way to understand what is happening on lampedusa is to visit the island right now. in the middle ages this island served as a haven for barbary corsairs by the late twentieth century it was a popular resort many italian families used to spend the weekend here. but the graveyard of boats is a reminder of the island's recent history the no sign painted on the destroyed boats is the response of local people to the massive influx of refugees. the authorities have accommodated those who were detained by coast guards a day earlier at a huge warehouse near the port all of them are from somalia five died during the journey. they needed some help pull through to. any government via. them. it takes a small boat ten to twelve miles to cover the distance between the african continent and lampedusa. quite often the engine runs out of fuel because of a poorly planned route. as a result a launch scale operation

italy itself the growing refugee exodus from other countries has provoked many social and political issues. the island is falling into decay even in the main streets the ones flourishing restaurants now for sale signs. children are rarely seen here these days last year a lot of the parents sent them to sicily instead. nowadays the local citizens of lampedusa a mostly over fifty sixty three year old to come of electric locks his shop well ahead of normal closing hours he doesn't expect any more customers today many souvenirs were ignored by tourists even last year and are now gathering dust on the shelves. we are certainly looking forward to a good summer season. if migrants continue to arrive here the situation becomes nothing short of revolutionary. some time ago people around the world sold this footage filmed at a refugee camp on the island of lampedusa. african refugees made an attempt to escape after hearing plans they were to be deported. now the lampedusa camp for refugees no longer functions officials claim it was burned down by its previous inhabitants that is level unfit f

front. >> hi. i have a couple of questions abbottly. italy. one is on the slide you show us about the fiscal adjustment needed for the 2012 and 2013. and the other one was on, about, on some tables in the fiscal monitor, the one on page 61 and then out italy is going to misse budget target in the next few years. if you can explain this. if you can -- and what kind of reforms does italy need? >> yes. now, on the -- on the -- >> thank you. >> thank you. on the the balanced budget -- yeah. you have the numbers we project a deficit for next year of about 1.5% of gdp. this is due to the fact we have a lower growth projection for italy. it's interesting to note two things. that even this deficit, even if it materialized, it would be the third lowest deaf ted in the area. only germany and finland would have a lower deficit. i would also underscore that the net of affects would actually be a surplus. i think of about 0.5, 0.6% of gdp. that's important, because more and more in the area, the fiscal rules are focusing on targets that are net of the affects. the fact that italy will be running a

lost tail at home to great need is italy. watched. boyd by a resoundingly win over macedonia last weekend russia's women were in the mood for result against group leaders italy but that prospect was never going to be easy the italians won all of the previous five group games including a comfortable two nil win over russia and italy and there was also the small matter of the story look conceding a single goal in the process while registering twenty three but russia's group record of only one defeat in five meant they seemed well prepared for the challenge however from the get go it was clear russia was in for a tough ninety minutes just a few seconds in the italian should have scored and this illiterate unity set the tone for the remainder of the hof eight minutes on and italy went ahead through veteran patricia krenwinkel who headed home from a deflect across a goal down early on russia fail to get their rhythm when they did get forward it was brief and ineffective but they did manage to keep the italians at bay going into half time trailing by that solitary goal despite it being

when many countries for staring out regional tensions. in italy a growing number of people are turning to gambling trying to make money fast in a struggling european economy scratch cards and online poker industry so sensible many find themselves fighting an addiction. because when a rich over reports for some temptation is simply too much. power. for eight years now marco has been selling his story over and over again to other members of gamblers anonymous but even that's not long enough he says to cure himself of the addiction poker and being go to go away his parents wife and several jobs at one point he resorted to stealing money from his own mother. perfect world of gambling. and then. taking over. i got. i was earning a lot. of. markel started gambling when he was eight bagger then there were no t.v. a lot of tricks but there were beautiful movies and irresistible you were for potential gamblers. really. new thriller that i can't i didn't. desperate to win their fortune in modern italy are around and million gamblers a figure growing rapidly due to the economic crisis in

stakes are high for italy which is combining a burgeoning gambling problem as people place nor trust in the lottery and trans there along with the government. well the battle is for india's lucrative france market is intensifying but a scandal involving the country's military achieve could see a restart for all among foreign suppliers india's defense minister has already bad for firms and that could see russia help fill the gap let's get more on this ortiz prius we are now going to join us live from new delhi what's prompting the shake up in india's military market. that's right any some major scandal has rocked india actually india's army chief v.k. singh has written a statement to the prime minister saying that the army's tanks in this country are out of ammunition and that the infantry is short of critical so obviously there's a major security issue here but many foreign countries are seeing this as an opportunity to capitalize russia being one of them india is expected to spend one hundred billion dollars on military equipment in the next ten years and russia has that it can prov

university landing. survivors out of the forty three on board. also the stakes are high for italy which is causing a burgeoning gambling problem as people place more trucks in the lottery than turns their luck with the government that's coming up later this summer. first it's now easier for political groups in russia to register as official parties president admitted it has put pen to paper on a new law which is the first in a series of major reforms to diversify the country's political landscape or to spear over has more. it's going to have quite a significant impact on the the political landscape in russia now the call for change really came about following the parliamentary elections in december of last year we saw tens of thousands of people out on the streets of russia unhappy with what they saw as electoral irregularities in that polity one of the the main points they were making was say that there was a lack of political options and that they wanted to see changes to the political system to allow that choice to be there for them to know what the small changes is what makes

forty three on board. but the stakes are high for italy which is coming virtually a gambling problem as people place more trust in the lottery than chance their luck with the government. but first it's now easier for political groups in russia to register as official parties president medvedev has put pen to paper on a new ball which is the first in a series of major reforms to diversify the country's political landscape we're now on this for march he's peter all over joins us live from central moscow peter just how much will the new law change the dynamics of russian politics. well it's going to have quite a significant impact on the the political landscape in russia now the call for change really came about following the parliamentary elections in december of last year following those of those that polish we saw. thousands of people out on the streets protesting what they saw was. irregularities in the end the voting system one of the main points that they were making was that there wasn't enough political parties enough political choice for voters in russia now what they see law c

nearly $300 billion in emergency loans. italy is shakier, too. adding to europe's economic woes and worries here its problems could spread to the u.s. >> let's say europe blows up again on us. you're correct. you could go back in the suit. so far, even on the european front, i'm seeing reasons to be cautious, but i don't believe we're going back in the battle days of august, september, october. >> spain is no greece, which is good and bad. it's the fourth largest economy in europe. and the 12th largeest in the world. that means it's probably too big to fail. and would get a bail-out from europe and the imf. but if it could not be saved, the global economy could get hammered. the ifm is getting ready in case. it's holding the annual spring meeting in washington and is expected to announce hundreds of billions of dollars in new funding commitments this weekend. though none from the u.s. >> if we had a message to europe and the euro zone in particular, it would be keep up, keep up for better and more europe. keep up means implement the reform in place nationally. >> lagarde suggested t

take on critical global hot spots. i spoke with the foreign minister of italy about whether iran is trying to build a nuclear bomb and if italy will intervene in syria as it did in libya. is italy ready to play a more assertive military role together with nato potentially to get rid of president bashar al assad? >> it has reached a napoleon level of consequence, more than 9,000 casualties, a huge number of refugees in turkey, in lebanon, in jordan. yesterday the foreign minister made a very impressive presentation to the g-8 minister and showed how much the pressure is from the inside of syria population. >> are you ready to play a military role to help -- >> there's no use to uses for against the bashar al assad regime now. >> minister, would you be opening to arming the rebels without a united nations security council resolution? >> we will not do anything which applies the use of force without a framework of legitimacy which can be done only by the security council. >> do you believe iran is trying to build a nuclear bomb? >> there are many gray areas or very dark areas in the ex

rates low until 2014 or beyond. >> italy returns to the markets for a second day in a row attempting to sell up to 5 billion euros worth of paper. welcome to "worldwide exchange." latest monthly report for the international energy agency. says crude futures regained the early 2011 highs of march underpinned by concern over current as well as potential supply disruptions. global demand largely up changed. notable in the uk and canada. opec supply held near 3 1/2 year supplies. crude revised down slightly. totals fell in february compared to the historical average of 38.8. oil supply holding near the highs. spare capacity at the lowest level since between you 8. all of those to keep oil prices at he's extended levels. our guest coming on says ongoing supply worries will keep supporting the oil price. also coming up in today's program, google prepares to relax its first quarter earnings. we'll have a look at how it will shape the earnings season. black rock is reportedly planning to launch a new electron being trading platform. and we'll find out the lodge willic behind the timing of the l

its controversial rocket launch by many countries stirring up regional tensions. in italy a growing number of people are turning to gambling trying to make money fast in a struggling european economy scratch cards and online poker have made the industry so accessible that many find themselves fighting an addiction and starting to get into trouble reports for some the temptation is simply too much. for eight years now marco has been telling his story over and over again to other members of gamblers anonymous but even that's not long enough he says to cure himself of the addiction that bulk around being go to go away his parents wife and several jobs at one point he resorted to stealing money from his own mother. to call in perfect world of gambling with the king and the gambling was taking over when i got the job for a while i was earning a lot of money. from what we. marcus started gambling when he was eight beggar then there were no t.v. or tricks but there were a beautiful movies and irresistible you were for potential gamblers. goodie bag i knew the letters that i get because i d

regional tensions. in italy a growing number of people are turning to gambling trying to make money fast in a struggling european economy scratch cards and online poker industry so accessible that many find themselves fighting an addiction saltines country over reports for sun the temptation is simply too much. the old. eighty years now marco has been telling his story over and over again to other members of gamblers anonymous but even that's not long enough he says to cure himself of the. book around being go to kuwait his parents wife and several jobs at one point he resorted to stealing money from his own mother. called perfect world of gambling where i was working and the gambling was taking over and. i got a very good job for a while i was earning a lot of money. from broadway. marcos started gambling when he was eight then there were no t.v. or trace but there were beautiful movies and irresistible you were for potential gamblers. nobody in august but i certainly agree with you that i can't because i didn't know about desperate to win their fortune in urgent gets only around in a m

controversial rocket launch condemned by many countries for stirring up regional tensions. in italy a growing number of people are turning to gambling trying to make money fast in a struggling european economy scratch cards and online poker have made begin to stray so accessible that many find themselves fighting in addiction parties accompanying the groucho reports now that for some it's an taishan is simply too much. eighty years now marco has been telling his story already over again to other members of gamblers anonymous but even that's not long enough he says to cure himself of the addiction with a book around to being go to go away his parents wife and several jobs at one point he resorted to stealing money from his mother. for the perfect world of gambling the king and the and then gambling was taking over me i got a very good girl. i was there in your body i paid for it go away. marcos started gambling when he was eight then there were no t.v. or tricks but there were beautiful movies and irresistible you were for potential gamblers. thirty eight august i got my new thriller t

for italy these days that's comforting a burgeoning gambling problem as people place more trust in the law through even. with the government. it's no easier for political groups who are in russia to register as official policies president would go to the paper on a new law which is the first of a series of major reforms to diversify the country's political makeup of these people over explains. that's going to have quite a significant impact on the the political landscape in russia now the call for change really came about following the parliamentary elections in december of last year we saw tens of thousands of people out on the streets of russia are happy with what they saw as electoral a regularities in that palace one of the main points they were making was saying that there was a lack of political options and that they wanted to see changes to the political system to allow that choice to be there for them now what the small changes is it makes it much easier for a political party to the way just says no previously you needed forty thousand members forty thousand signatures in o

their fortune in modern italy are around a million gamblers a figure growing rapidly juicer the economic crisis in. marketing has become very aggressive and sells gambling as if lottery tickets were daily groceries commercials promise it's a cool help overcome financial difficulties because of the crisis is not only men who gamble it's also their wives and their children who play poker online before gambling in italy was like an erotic movie. it's like porn. after the us italy has the largest law trance credit card market in the world last year alone eighty billion euros were up for grabs and while casinos and hit with drones have been losing clients mass gambling and gambling is the only thing people spend money on here they spend three hundred four hundred years then they one hundred years and are happy because they won when in fact they've lost two hundred this is one of the most popular ways of gambling any truly all you have to do is scratch a strip on a ticket and you could win a fortune i wasn't that lucky today but for some the promise of becoming an instant millionaire

over there, the lady in blue. right there. >> i have a question on the outlook of italy. you present a figure that is 1.9, minus 1.9 for this year. and i would like you to elaborate on the reason why it's going better and why it remains the worse performance in the eurozone and what should be done to close this gap? >> we've mode ratedly revised up the outlook for italy relative to january and that's mainly because tensions in financial be markets have eased somewhat and also because the global outlook is slightly better than what it was in january. now, it still remains the worst, one of the worst performances in europe. 2012 will be a very difficult year for italy because they are implementing rightly a lot of fiscal adjustment and this is what is weighing on growth but ultimately it will put the economy on a trajectory for stronger growth in the future. this will, however, also require advancing the structure reform and again like in spain very positive steps being taken with respect to reforming the labor market and these reforms need to be pushed through. and the third ingredien

keen to keep their cash instead of losing it to a all the rest of italy our debt. in egypt presidential hopefuls are racing to round up enough support to have the first round of the vote next month sunday's the deadline for nominations with several candidates hoping to fill the shoes of hosni mubarak who was ousted more than a year ago arches renegotiate is in cairo it was more. it is true that the military is still rather powerful and it is also true that among the candidates for the upcoming presidential elections you can see some of the names which were very familiar during the mubarak era for example his former prime minister is a running for the presidential seat as is the head of his intelligence that was one of the most recent surprise nominations after especially after it came three days after him are silly man that is the lance name after he stated that he is not going to run of course he changed his mind a little bit later on now you cannot forget that there is also a very strong islamist presence and that is probably the strongest strongest party that is or the s

with us here on our team today and still to come this hour on the program italy's financial turmoil fuels separatist sentiment. we need the money crisis taking grieve over the country every single sound since to wake nationalist feelings we report from the rich autonomous province of south where the people want from the overseeing. plus what drove peace activists to try and storm nato headquarters a movement with a rather heavy handed police response it all ended in hundreds of arrests. just now it's running ten minutes past the hour here in moscow proposed a new legislation for russia's opposition political parties could make their entry into parliament much easier if passed the law may lead to an unprecedented push for power by literally hundreds of factions in his arteries and he said no way explains this could cause a problem in itself. politics in russia may never be the same protest have become a common sight and new parties are registering left and right as political reform starts reason and so former deputy prime minister in the ninety's is no stranger to the white house. ar

italy being prized assets and it's going down the drain the same goes with its workforce its assets their human assets bearing the brunt of all these pots and this is a symbolic protest follows what we've seen recently already suicides and suicide attempts in greece and italy as well over a pension cuts or loss of benefits or loss of jobs and this is the type of the symbolic protest may be changing but it goes back to underline the point that the people are saying that they are in desperate need there in desperation at the dire situation that they're in this specially in countries like italy and spain which are still hanging in the balance european leaders and markets still i mean of whether it will be the next to receive bailouts and we all know what bailouts mean that from international creditors it means even more a stary and even more desperation from the eyes of the people. in britain advisor patrick youngers total of three that he thinks. should be treated as a joke the problems. very serious. the truth of the matter is that i think it's difficult to keep seriously the idea of

a safety on some russians domestic airlines. but i wound italy where a growing number of people are turning to gambling trying to make money fast in a struggling european economy scratch cards and online poker where the industry circs estable that many find themselves fighting an addiction so that when a child reports a son the temptation is simply too much. oh. to go out. for eighty years now marco has been telling his story over and over again to other members of gamblers anonymous but even that's not long enough he says to cure himself of the addiction corcoran's being go to go away his parents wife and several jobs at one point he resorted to stealing money from his own mother margaret for the perfect world the bearing of the king and the and then brain was taking over me i got a very good job for a while i was earning a lot of money but i heard from. marcus started gambling when he was eight back then there were no t.v. a lot fritz but there were beautiful movies and irresistible you were for potential gamblers. i knew thriller that you know that i didn't have. this power to wi

gambling in italy was like an erotic movie . it's like porn. after the us eataly has the largest law trans credit card market in the world last year alone eighty billion euros were up for grabs and while he's casinos and he put drones have been losing clients mass gambling and gambling is the only thing people spend money on here they spend three hundred four hundred years then they win a hundred years and are happy because they won when in fact they've lost two hundred this is one of the most popular ways of gambling any totally all you have to do is scratch a strip on a ticket and you could win a fortune i wasn't that lucky to date but for some the promise of becoming an instant millionaire is simply too much to resist on average ten percent of the family income in italy spends on gambling it significantly helps the government feel its coffers and the health minister is giving the alarm gambling will soon be included on the list of a college diseases and it will change everything will work on prevention campaigns will offer psychological assistance to gamble as well also in lar

on as a result in europe. prime minister mario monti has lashed out. he says italy is paying the price for the crisis. he made the clements on a flight back from egypt after especially italian bank stocks fell sharply in yesterday's trade. down around 8% each. investors still focused the 12-month bund market you can see 5.64%. joining us for the first half of today's program, charlie morris from global asset management. good to see you. claudia is also with us. let's bring in claudia. do monti's comments stand up, claudia? do people believe what he said or not. >> well, on the one hand it's not surprising he would say that it is the spanish situation. in the last weeks we have seen when the spanish situation has heated up, so has our situation here with spreads going back up again. overall monti has been doing what he has promised in the first three months or so of his government. he has put into place some very important forms and one is the labor market reform which is actually the one he has been stumbling on in the last weeks and the one which the media has been focusing on.

team still to come for you this hour in the program italy's financial turmoil fuels separatist sentiment. that we cannot make prices taking over the country every single sound seems to wake nationalist feelings we report from the rich autonomous province of south to roll where the people want sovereignty more than they want to hand over cash to rome. so what drove peace activists to try and storm nato headquarters a move that led to hundreds of arrests one of the demonstrators gives us his first time. proposing new legislation for a position of political parties could make their entry into parliament much easier if passed the law may lead to an unprecedented push for power by literally hundreds of factions as are his and he said now explains that could cause a problem in itself. politics in russia may never be the same protest have become a common sight and new parties are registering left and right as political reform starts reason them slow former deputy prime minister in the ninety's is no stranger to the white house. off the political radar until it's funny now says moving

also italy, give given that i think the governor of the central bank they no longer believe they need to allow the currency to appreciate. so i was wondering what impact without the artificially low chinese currency have on europe's ability, italy and greece, to be competitive internationally with respect to exports. >> excellent question. greece itself is not large enough to have -- to cause a lot of damage to the united states. greece matters a lot, though, because greece's crisis hurt confidence across europe and tauzed the rest of the continent to fall into recession. if europe can contain the risk of the greek crisis spreading, they have the ability to do that, on the chinese question, chinese currency is up about 14% in real terms since the summer twof 010. about 40% up against dollar in the last five years but this they have some ways to go. the chinese currency is still undervalued and you are right to rye mind people that by holding their currency too low they are making it harder for other trading partners to grow. >> time of the gentleman has expired. the chairing recognize

these types of painful and severe cuts and austerity in italy the autonomous region of south tirol in the cradle of the alps stands as one of the country's few islands of prosperity with the italian debt burden biting hard archy's a kind of outrage over reports on how the wealth gap is leading horizon support for a breakaway from rome. lost in translation between the alps and the need to rein in a population of half a million people and a lot of pain to become independent one day that south to roll a probe into northern italy all these has never been italian says evoke lots as to showing off her native town of. she spent thirty years of her life fighting for independence. the holy see where to draw lives our languages german were taken from the rest of to rule before so was a hundred years ago we have seen precious which has affected our language closed our schools then go songs and down into the changes regional name into. enough. ever close refers to how these german speaking territory was occupied by eataly at the end of the first world war and was annexed in one thousand nine h

hundred thirty eight italy's benito mussolini brought fascism to the world that he invented the phrase by dissolving parliament the italian parliament and replacing it with a committee to see the ele sione forgive my lousy tell you the chamber in english the chamber of the fascist corporations it was a system of government in which the corporate leaders from all across italy were chosen to represent their communities in the government it was not a government to paraphrase lincoln of by and for we the people instead it was a government of by and for the most powerful corporate interests in the nation that's fascism what was going on in italy at the time so freaked out franklin roosevelt's vice president and we wallace that vice president wallace wrote an article in the new york times in one nine hundred forty four warning that fascism could one day come to america. wallace wrote if we define an american fascist as one who in case of conflict puts money and power ahead of human beings and there are undoubtedly several million fascists in the united states there are probably severa

, does it jump over to italy, where italy goes to the bond auction? italy also getting slightly beaten up at the moment, 5.6% is the yield on the 10-year bond for italy. france also in the headlines today because we're going to hear from the government about tax and spending plans. i'll have a lot more on the "world business report" in about 20 minutes' time. >> thanks very much indeed. much more, of course, still to come. you're watching "bbc world news." a rowe hits euro 2012 co-host ukraine over a film re-creating the second world war football match against the nazi german occupiers. now, one of the republican party candidates for the u.s. presidential nomination has announced he's dropping out of the race. former senator rick santorum made the announce until his home state of pennsylvania with his family at his side. his decision means multimillionaire hit romney is almost certain to be chosen to challenge barack obama in november. from washington, jane o'brien reports. >> rick santorum's exit effectively ends the republican race. underfund and had lacking in campaign organization,

because you live from the russian capital still to come this hour italy's financial turmoil fuels separatist sentiment. like the economy crisis is taking great while the country every single sans seems to weight nationalist feelings. we report from the ritual part of his province of self to role where the people from the overseeing by of rome class. with his school. he's only that instead of spending much more although you were. small then you were . will the budget cuts work the man who that the european central bank through the early years of the crisis talks about the future of the single currency in his interview is coming up in the next hour here on our team. now out of the peace efforts for syria the international envoy to the country has briefed the u.n. security council on the progress of his mission kofi annan said the mascot's is agreed to start implementing a cease fire from april the tenth party's miniport nine has more from new york. what we do know so far is that mr anon says that there's been no progress on the ground in syria so far as to implementing a cease fire