equipment into italy and sicily to continue the fight. so sicily is the next stop on the road to berlin. we are now entering the sicily gallery here at the national world war ii museum. you can see on this map the initial landings where allied forces are going to drop parachutes and then also come in with amphibious landings in july of 1943. now, sicily is going to prove to be a very quick campaign, all told. only 38 days long, but it was filled with a lot of drama. that included the rivalry between george patton and bernard montgomery, the british commander. however something i wanted to , point out that is of special significance, i think, in this gallery that we want visitors to understand is that war is a very messy, dirty, and often unfair business. in those landings at sicily, we are going to see the worst friendly fire incident that american forces suffer in world war ii. better than 300 american paratroopers are going to be shot down by allied forces as they approach southern italy early in the invasion. this is something that came about because of inexperience and green troops

. and italy and the problems with their south. america, italy, and the southern question. tonight, he speaks on his book, "the cause of all nations, and international history of the american civil war." it has been named one of the best nonfiction books of the year by circus reviews. welcome, dr. doyle. [applause] muchoyle: thank you very for that. kind introduction -- for that's kindkin very introduction. delighted to know this will be going out later to a larger audience through c-span. trying to say something new about the american civil war is no easy challenge. i remember, when i began, i was on sabbatical in washington, d.c. i went to the petersen house across from the four theater -- whereincoln died abe lincoln died. you come out of it and you come down to the gift store. there is a stairway and a tower of translucent plastic that goes up through both floors. it must be 10 feet wide and goes up 40 feet. in that tower, it is filled with books on lincoln and the american civil war. i am thinking, as i'm beginning this book, as is a great tribute to the scholarship, the prodigiou

. amazingly enough, he left his wife and four children in boston and went to england and then italy to study. his wife met him in england. but when he left, i don't think that was necessarily the plan. activities became so turbulent here that he decided it was safer for her to come to england so she came with her father. as i said, copley in 1774 decided it was time to leave boston and go to europe to study. he had been encouraged by benjamin west to come for years. he finally decided the revolution is coming. things are not good for portraiture in boston. i think it is time to go. he went to england briefly and met with west, and then he went to italy to study for a year. his wife and four children were left behind with her father, and they eventually joined him in london. when copley came back to london after his year in italy, he was so pleased to be reunited with his family, he painted this portrait in celebration of that reunion. this is copley in the back holding some sheets of paper and his family in the foreground. his wife with his young son and his father-in-law is holding th

refugees to be settled under an eu wide plan has left italy for a new -- it is part of the 120,000 removed from italy and greece. the scale of the crisis is underlined by new figures, showing some greek islands seeing 7000 migrants and refugees arriving every day. james reynolds watched the refugees. >> the european union has agreed to relocate 120 thousand refugees from italy and greece to other member states. this plan is now being put into action with what at this stage must count as extreme modesty. 14 men and five women. special organized flights, which will take them toward sweden. they will begin thin health to start new lives. symbol that europe can face this problem together with italy and countries like sweden and we will do our utmost best to find humane solutions. as italy says goodbye to 19 migrants, at the same time hundreds more are arriving. they will be arriving on the coast of sicily in boats. this controlled exit us may not have any noticeable effect. almost 2000 migrants made it across the mediterranean. most of these new arrivals make their own way to the rest

"newsline" live from tokyo. we have this hour's update starting with the widespread rain in italy. >> yes, a series of low pressure systems brings heavy rainfall and strong winds to italy. severe flooding is hitting the southern areas. we have video from the southern areas of italy. recent heavy rains have caused widespread damage in southern italy. the river burst its banks and flooded a couple districts. volunteers started help up clean up the debris from floods and landslides coming several days after the previous storm kill at least five people in the same region. now, the same system dropped about 400 millimeters of rainfall in sicily, that's four times more than the monthly rainfall for october, so 400 millimeters of heavy rain fell in one day on wednesday. the weather maker is lated over the balkan peninsula, pulling away from italy, and conditions will finally improve as we go into the end of thursday, however, this peninsula and turkey sees more stormy conditions into friday as well as the weekend, so athens will see continued thundershowers and windy conditions friday in

years of myer life to get this referendum. francine: -- prepares for italy 's -- since 1999. ♪ >> we have a few shops in hong kong and japan. -- idea we are perceiving is they prefer to invest in what they can show and what they use for themselves. francine: that was the founder of an italian clothing company. the government plans to raise euros by selling stock. this will be the biggest ipo since italy sold a date in the utility company. for anjoined by a ceo interview. great to have you on the program. it is nerve-racking. the markets are in jitters. some investors disappointed it is only 40% on the markets. why does it make sense to ipo now? of a plan for the government. they have launched structural oforms and privatization italiana, we are already ipo in europe. francine: do you think moore will be floated? francesco: this is it for the time being. this is the deal investors are being exposed to. it is a difficult business. ow is not bad. how do you modernize? francesco: traditional services represent 15%ane of our revenues. to add retail banking with no lending. no c

, but found it hard to get a decent job in the tourism industry over there. >> in italy i can only get seasonal jobs -- short-term contracts, and low wages. here in france, i have a proper contract and work all year long. >> that's one of many positive cross-border stories that jÖrg wunram has heard on his alpine expedition. mountain guide jean takes him on a tour of a special kind -- crossing the border from italy back to france along a glacier. that means traversing a 400-meter-thick sheet of ice. mont-blanc -- or "monte bianco" as it's known in italy -- is tricky terrain indeed. many climbers overestimate their abilities and underestimate the risks. jÖrg is now off to the french ski resort of chamonix to hear the story of two mountain rescue workers. at rescue headquarters, he meets frenchman jean baptiste and his italian colleague adriano. their two teams have being working in tandem for years -- joining forces to save lives. >> when an emergency call comes in, it's time and cooperation that matter -- not borders and nationalities. adriano favre: there's no brussels here. eur

central europe have been dealing with severe conditions. that includes residents in parts of italy. mai shoji joins us with the details. >> yes, i've been talking about this for the past whole week, catherine. it's still happening, unfortunately. we've been talking about the heavy rain which caused severe flooding across parts of central europe and the heavy snowfall that has been causing a lot of accidents out here. we're still getting impacted with a storm system that is still lingering over the similar locations and that's why italy is getting that hard-hit severe floods. we have video coming from this area. take a look at this. at least five people are now dead following severe storms that rolled over italy on wednesday. several riverbanks broke in the countryside, allowing floodwaters to spill into the villages submerging homes and businesses. the storm itself was very serious and warnings were given but this recent event has revived the old controversy in the country that disaster prevention measures are not up to par, unfortunately. and this includes reckless construction in

have a demographic crisis in germany, in italy, spain, now in poland. we need immigration. now, with two wars in syria and libya, it is totally unregulated. many times when qadhafi was president did he turn to send me boats of ingrid -- boats of immigrants? manage the influx of immigrants. but in this situation, it is really impossible to have a common policy. common policy and more and more countries are seeking to close their borders. what now? what is the risky scenario here? isfessor prodi: the scenario similar to the american one. you stop world immigration but this is a tragedy because europe has always been, let's say, having a different policy. iso hope -- the real problem to bring the emergency to a normal immigration where you can tackle the problem step by have agreement with the state. if you don't have agreements, you have [indiscernible] angela merkel did a fantastic effort. but then politically, she couldn't keep it because people are frightened. when you have migrants coming in floods, people are absolutely frightened. and you have to regulate it. haslinda: what can i

here on al jazeera. tens of thousands of refugees in greece and italy will be sent to other european countries as part of a relocation plan. >> now. >> bootcamp... >> stop your whinin'. >> for bad kids. >> if they get a little dirty, so what. >> we have shackles, we have a spit bag. >> they're still having nightmares. >> if you can't straighten out your kids... >> they're mine. >> this is the true definition of tough love. >> they don't fear anything. >> they're consuming economically important species >> we're offering something on our menu that no-one else is offering. >>> welcome back. turkey is observing its first day of mourning for the victims of two suicide bombings there. at least 95 people were killed and almost 250 injured at a peace rally near the capitals train station >>> a pregnant woman and her daughter have been killed in an israeli air strike in gaza city. the israeli army says it was targeting two hamas weapons producing sites >>> saturday four palestinians killed and five israelis injured across israel and the occupied territories. >>> the u.s. and russia say more

that took over italy. let's kick off more generally with his achievements because which was his biggest achievement? his political career? long career or going from rags to riches? and of course also the way he transformed a major soccer team in italy. >> literally this man was a donald trump in the early days. he was a millionaire in his 20s creating new cities. then he invented private tv. commercial tv in the 80s with dancing girls on saturday night and dallas and dynasty and coca-cola sponsorship. he pioneered a lot of commercial tv. his big move is playing upon the sentiment of italians making it into this award winning, trophy winning team and then of course in '94 he managed to go into politics and within 60 days in a textbook marketing manual he goes from announcing his candidacy to take over as prime minister. now he's a controversial figure and his political achievements were less than what he wanted. he wanted to do a reagan like revolution but his interesting achievements are on the international level. >> we'll come to those again in just a moment but just to belabo

debt, the sovereign debt markets have risen. yesterday you saw in certainly italy and spain a 13 basis point move lower as the prices moved higher on the yeeltdz. there you can see we're more or less of that sort of level. bonds and stocks have risen for the week. as, of course, you see these rates fall because of what the ecb is about to do, you see people move in particular into telecoms. telecoms, again, a top gain other the week. up almost 8%. the structural story of european telecoms also quite good at the moment, but that's the race -- that's rate for return. rate for dividends is you see telecoms up 8% in one week on the ecb. back to you. >> ten-week low on the euro. amazing. thank you. >> exactly where they want it. , at t. rowe price, our disciplined investment approach remains. we ask questions here. look for risks there. and search for opportunity everywhere. global markets may be uncertain. but you can feel confident in our investment experience... ... around the world. call a t. rowe price investment specialist, or your advisor... ...and see how we can help you find

was able to go to japan, it y italy, germany, south korea, britain, guam, and the northern mariana islands. and i want to thank members of the u.s. military, family members of military personal, and i want to thank locals i met along the way who live in communities around our bases overseas. and i want to thank so many here in the united states, experts of various kinds who helped speak with me and helped make the book possible in many ways. i would like to start at the back of the book oddly with that if you don't mind and read a short part from the acknowledgments. i am profoundly grateful for everyone who helped me compete this book given the breadth of the book's subject and geographic scope i could not have written it without the assistance of hundreds of people. thank you to everyone who spoke with me about my research, who hosted me during my travels, and who helped arrange visits, interviews, access to research materials, meals, lodging, transportation and other critical pieces of the project. the authorship rightly belongs to all of us collectively. we then continue by toy

from italy. and how the huge influx of migrants is affecting life there. >> hundreds of thousands of migrants have come through sicily in the last few years. locals have mixed feelings about this invasion of newcomers. the mayor of catania believes they are here to work. >> they're not criminals, criminals don't travel on inflatable boats or ships, no do terrorists. terrorist organizations don't send their guys on boats, they have other ways to get to us. >> but countries like italy with a 50% youth unemployment rate are swamped. italy transferred its first group of people to sweden under the eu program to distribute asylum-seekers. they keep coming. >> we're used to hearing stories of the horrors experienced by these people at sea. increasingly we're hearing tales misery suffered on land first at the hands of kidnappers and criminal gangs right across the sahara and in libya. >> libya is where they set sail. most of italy's recent migrants come from africa, a large proportion from eritrea, like this young man who didn't want to be identified as he had fled the repressive regime's ne

. francine: then in the u.k. you have 50% online. talking pakistan, we're italy and spain. we are not used to doing things online. amazon is just starting in this country. do you give that transformation five years or 10? davide: i give it less than five. checkbooks were gone 10 years ago. i still have friends in the u.s. who carry a checkbook. because of the european integration forcing everybody to be on the same payment system, that means that as soon as consumer behavior changes, then the acceleration will be fast. that will happen in the mobile phone industry. there were more mobile phone users at the beginning of -- tom: give me that camera shot where i am leaning forward. me in with his grandmother. did you see that, how he did that? am i that much of a fossil? francine: do not answer. tom: i get no love from the italians. italian allabble the way back on the airline. coming up, we are looking at the single best chart, my chart of the week that came out earlier in the week. we will visit the shock and awe of u.s.-u.k. disinflation. it is "bloomberg surveillance." ♪ tom: good

italy's prime minister. the question is where is the strategy of europe for the future? i think, this is my point of view, in the last month i'm not able tounderstandifthisis correct. i'm really surprised the lack of support by some leaders. for example, refugees. we discussed a lot about refugees and the people told us in the european this is a problem of italy. i remember some colleagues who told me, this is your business not ours. after the crisis, after the picture in newspaper, the same leaders who told us this is your problem, realize interview incredible. i open my doors. i open my house to refugees. the same leader who told me this is your business to months before. it's not a joke. i don't say the name. what is the problem for europe? the lack of strategy. for italy it's important and we too but we ask to european community an idea for the next ten years, 20 years. the lack of vision would be the first problem more than division. the lack of vision is a problem more than the principle division. >> why do you think it's so hard to achieve reform in europe. i wouldn't want reform

to pay attention and look like heroes? incredibly that's one what european leader, italy's prime minister mateo renzy, will tell you when we come back. i have type 2 diabetes. i started with pills. and now i take a long-acting insulin at night. i take mine in the morning. i was trying to eat right, stay active. but i wasn't reaching my a1c goal anymore. man: my doctor says diabetes changes over time. it gets harder to control blood sugar spikes after i eat and get to goal. my doctor added novolog® at mealtime for additional control. now i know. novolog® is a fast-acting, injectable insulin and it works together with my long-acting insulin. proven effective. the mealtime insulin doctors prescribe most. available in flexpen®. vo: novolog® is used to control high blood sugar in adults and children with diabetes. take novolog® as directed. eat a meal within 5 to 10 minutes after injection. check your blood sugar levels. do not take novolog® if your blood sugar is too low or you're allergic to any of its ingredients. tell your doctor about all medical conditions and medicines yo

italy. the lawn italy. , kathy kelly is with us, co-coordinator of voices for creative nonviolence. she is in portland, maine. her recent article is called "#enough! a campaign to end war , and focus on food and health." kabul to dr.o to hakim a medical doctor who has , provided humanitarian relief in afghanistan for the last decade. he works with afghan peace volunteers, an inter-ethnic group of young afghans dedicated to building non-violent alternatives to war. dr. hakim is the 2012 recipient of the international pfeffer peace prize. i want to go first to dr. gino strada. you're in milan, italy. the clinic you operate in kabul, afghanistan is taking in people from the kunduz hospital. can you tell us what you understand at this point? received 41have patients that were wounded all coming from kunduz. means,me by different many of them by themselves, some of them were directly transferred by msf personnel. for our staff in the surgical center in kabul, it was a great workload because we are ready at hospital capacity, quite fully, from the area of kabul. the number of civilian wounded

philadelphia to italy. the immigrant came, they built churches and businesses, but chow philadelphia is really about the contemporary connection. how are you making that happen? >> i think italian philadelphia perfect together, from design, to sophistication, the culinary scene, to the way of living. i think we can appreciate that. and see how close you can see contemporary italy, part of philadelphia, from the university, to the console, and so many activities, that you would like to align with philadelphia. >> so you have actually built a number of different event that we will talk about in just a moment. but doctor simmone, you have brought your passion about cars to a really unique experience, in philadelphia, at your museum. what is it about italian engineering that drew you to really being fascinated by these vehicles? >> well, it became obvious. throughout the years that the technical advancement, from this relatively small company, superseded largest countries, by just coming out with brighter designs, with smarter technology, worrying about speed, as well as safety, as well as

. now, another area that's dealing with very heavy rainfall is over in italy in europe as this low pressure system spins its way southward and brings all the flooding rains. in fact, here's the video to give you an idea of what's happening in the region. this is the result of a low pressure area that we expected to roll over italy this weekend. it's still rolling over italy now. the heavy rainfall swept across the region causing flooding rivers and spilling those waters into the roadways and buildings and for most of thursday morning, many highways were very difficult to pass through, and so now people are trying to clean up the mess that was left behind by the storm, and it is still lingering over the southern portions of the country so there's a lot of moisture picked up by the mediterranean sea thrown into the region. there's a possibility of seeing more thunderstorms as we go throughout the day friday with heavy rainfall and also the possibility th the enough spin taking place here the water spouts may be a part of the story. we have another system back in the west producing so

forward is what people in naples italy are doing. they are per is he veering as they experience severe weather conditions and flooding. >> we have been talking about this like a broken record in southern parts of italy. we do have that low pressure system still sitting over this country. yesterday, it caused this fixture across naples. it's the severe weather resultant from the low pressure area that we expect to roll over italy this weekend. heavy rain spilling into roadways and buildings. most of thursday morning, many highways became impassable like you see here. worse, it was in a town outside of naples, the emergency room of the hospital. the situation improved by noon. friday, they were still cleaning up. the recovery is still occurring. we still have the thunderstorm threats as well as excessive precipitation which could add to that misery for the flooding conditions and the severe wind gusts. large hail storms will be in store. it will probably be waterspout conditions across the area. to the west, we're looking at another system pulling in. that's going to be staying over the

and asylum-seekers from eritrea move from italy to sweden, part of the new eu resettlement program. tom: good evening. we begin in israel and the palestinian territories, where in separate incidents today, israeli troops shot dead six palestinians and wounded others. a knife wielding jewish men wounded 4 arabs. the past 10 days have resulted in the deaths of 4 israelis. israeli and palestinian residents are calling for calm on both sides but the tensions are showing no signs of dying down. more on today's events. reporter: what we know is something like 1000 protesters came to the border of gaza, they places, andt two approaching defense is a dangerous activity but they said they were doing it in solidarity with their brethren in gaza. what we saw was israeli soldiers shooting, and they admitted they shot live fire straight into the crowd. nevertheless, it took six hours for the crowd to disperse. deaths,ion to those there were a large number of people injured. what the danger is of this -- you have to remember, this is the largest number of people who have been killed in gaza sinc

] and they have just written a cookbook called "staten italy." they're the host of cooking channels "pizza masters," francis garcia and sal basille are joining us. [ cheers and applause ] they're going to teach me how to make a staten island pie. can't wait for that. we will be right back with more "late night." [ cheers and applause ] ♪ this is my body of proof. proof of less joint pain. and clearer skin. this is my body of proof that i can fight psoriatic arthritis from the inside out ...with humira. humira works by targeting and helping to block a specific source of inflammation that contributes to both joint and skin symptoms. it's proven to help relieve pain, stop further joint damage and clear skin in many adults. doctors have been prescribing humira for nearly 10 years. humira can lower your ability to fight infections, including tuberculosis serious,sometimes fatal infections and cancers, including lymphoma, have happened, as have blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure. before treatment, get tested for tb. t

might cause cancer. an inside look at restoring the work of italy's master painters. and much more. >> ifill: when it comes to standardized testing in schools, how much is too much? in a policy reversal, the obama administration, which has supported student and teacher assessment, now says testing has gotten out of hand. this weekend, the white house recommended capping testing at 2% of class time. a new report conducted by the council of great city schools found the average student sits for as many as 112 mandatory standardized tests between kindergarten and high school graduation. earlier today, i sat down with the outgoing education secretary arne duncan, and michael casserly, the executive director of the council of the great city schools about the problem, and the proposed solutions. mr. casserly, secretary duncan, thank you for joining us. secretary duncan, you started talking about the inadequacy of testing and the shortfalls and flaws two or three years ago. what took so long for the education department to embrace this idea today? >> we've embraced the idea for a while. wh

to the markets. we've got a big ipo happening today. that is in italy. it has delivered shares rising more than 1% in their market debut. a price of 6.78 up by 0.4%. claudia joins us from the stock exchange. why is this so significant for italy? >> well it is a very well-known brand here so there has been a lot of focus on them. they have 13 points of sales. employ 142,000 people here in italy and they have diversified in the last years and gone past just servicing mail and parcels. what they also do is of course work in the financial sector as well as insurance. so that's a business that's been growing and that the ceo expects to continue to grow. in 2014 the company came in with 28.5 billion euros in revenues. that's a decline from 2013 and 212 million in profits. what's important is to see what they will do going forward. the strategy. but it's been very important here also from a political front because the government has been moving on wanting to go forward with privatizations. this is a big one. it's the first of its size in 16 years here in italy. it's going to be the la

adventure to italy. maybe just jump on a boat with the fisherman. wait, what's in the sea? it's not a fish. it's not a deer. >> that is a wild boar. >> this one was found about 3.7 miles out to sea, swimming in circles. >> maybe you just got bored. >> that poor thing has no idea where he was. there was no chance of this poor pig findings its way back to shore. >> these amateur fishermen were able to grab the boar and put him on the boat. >> here's the thing. apparently in italy they're having a problem with wild boars and several people have been killed. so i don't know if they're really heroes. >>> i think this video is actually the live action version mother." >> the duckling doesn't want to go back. >> he's quick. anyway, that little duckling is just imprinted with the guy. he says, this duckling is in love with my friend. a live action version of "are you my mother." >> it's so cute. >>> car crashes. they're awesome. nobody ever wants to be involved in anything like that, unless you're in demolition derby, then all you want to do is smash it up. and that's about as far as he gets. he p

is by trying to set up reception and registration centers in greece and italy. these should help prevent the chaotic track across the balkans by providing refugees eu states. these hotspots opened up friday unleson lezbos. >> sunday night, the greek coast guard discovered a boat full of migrants. they were about 50 people on board. greek officials have stopped some 2.5 thousand migrants in the last two days alone. >> we run a professional operation here. wonder this vote was discovered by the greek coast guard, it was still an turkish waters. authorities failed to respond to radio communications. the number of migrants attempting the crossing has reached a new high -- 10 thousand a day. lawmakers in brussels were hoping for more cooperation between greek and turkish authorities. chaotic scenes on the island of les. monday, some 6000 migrants were waiting to register. only 2.5 thousand migrants can be register per day. the region's government says they need help. >> we still haven't received any funds. all we have seen as politicians. brussels says it's re: transferred 14 million

history and surprised the upside. that is for germany but also for france and italy as well. they all point to a rather steady pace of growth, low to be sure but continuously positive going into the fourth quarter of this year and this is why even though there's a sense of downward revisions in the forecast, those revisions are quite small because there's three offsets. why is the flip side of what's going on in the emerging market world? there's lower oil prices. that means you pay less when you drive to work in the morning and go back in the evening. number two, fiscal policy is likely to turn more expansionary. all countries are planning to cut taxes from france and italy and spain and a negative sentiment again has remained quite resilient. >> what about the euro, though? yes this performance in the pmi is relatively supported given the global growth outlook but also impressive given the fact that the euro has strengthened over the last couple of months but up above 111. how much pressure is that putting on the economy? are you impressed that the manufacturing pmis have been resil

italy. many never make it. the u.n.h.c.r. says so far more than 3,000 people drowned or are missing. neave barker is live from strasbourg where the german chancellor and french president are due to make an address. what is the plan, neve, to tackle the people smugglers. >> that's right. despite differences of opinion across the european union, there is some consensus in the shape of this joint naval task force designed to target the people smugglers. those who are responsible for bringing tens of thousands ever people across from africa, in countries like turkey, to the european union, contributing to the different opinion, and the risks that we are seeing here in europe on how best to deal with the situation. in the past, the e.u. focused solely on life-saving operation, but now europe believes that the more robust way of dealing with the situation is necessary. as you mentioned there in the last year, 3,000 people are believed to have died trying to make that perilous crossing into the european union. now the e.u. says that more needs to be done, it's time to send in the armed for

the next three months the migration lows from the mediterranean through italy and the oriental rules, turkey and greece, i don't think we have to blame turkey for this kind. turkey can have a role contributing to the solution. the origin of the crisis is not turkey. >> you mentioned syria. and there are live pictures of the human tragedy. -- concerned are you the eu that we have so many divisions at heart that it is a most border, leto have a alone coming up with a common policy. think to the fact that until the last amount of april, there was no migration common policy. italy asked and convened a summit on migration at the beginning of may in the then weanean area and build some basis of a common policy. risk is the single countries are blaming their neighbors and everybody is saying the border countries, italy, greece should have the burden. i think this is ridiculous and such a major problem should be faith by the entire european union. and some positive steps are there. we need a little bit more engagement. david: welcome back to bloomberg best hit this time to sample the best st

, the migration passed from the central group towards italy. turkey, greece, i do not think we have to blame turkey for this kind of flow. turkey can have a role contribute into the solution. but, the origin of the crisis is not turkey, it is the syrian crisis. you mentioned syria, we are seeing life pictures of this. youster, how concerned are that the eu has never been sweep? is almost 11 eu border force. >> we are concerned. we have to think about the fact that until the last month of april, there was no migration policy. italy convened a summit on migration at the beginning of may. there is a tragedy in the mediterranean. since then, five months, we built some basis of common policy. the risk is that simple countries are blaming the neighbors. everybody is saying that the border countries, italy, greece and tomorrow, whatever, should have the burden. i think that this is ridiculous. it is such a big problem that it should be shouldered by the entire union, some positive steps are there. we need a little bit more engagement. ♪ david: welcome back. it is time to sample the weeks te

their cook book, "staten italy." gentlemen, how do we do this? >> we're doing the meatball pie, right, frank? >> seth: meatball pie. >> the first thing we gotta do, seth, is stretch the dough. >> seth: okay, great. >> my cousin's a great teacher. >> i've got de-bling a little bit here, hold on. >> seth: okay, you're gonna take your bling off. and i do wanna -- for our audience, these are your actual voices, yes? >> these are our actual voices. yes, they are. all right. [ laughter ] >> funny guy. >> seth: the way you say, "you're a funny guy" is the most terrifying thing i've ever heard. [ laughter ] it's like the last thing you hear. all right, great, so this is where -- >> where we stretch it out, yeah. >> the first thing you do is you smash it a little bit. >> seth: okay, great. smashing, let's get it a good angle here. >> yeah, get in there. come on, seth. >> seth: so you want me to do this? okay, great, there we go. you smash it. you smash it. [ laughter ] this a very expensive suit, gentlemen. [ laughter ] all right, there we go, there we go. all right. you get both sides of it.

. tom: the headline that jon ferro pointed out of negative interest year yieldegative 2- in italy. this is the italian two-year down. to see the negative interest ites we saw the other day, has to spill into a u.s. analysis? mr. gallo: the biggest beneficiary of the deflationary story in china and the spillover to quantitative easing is europe. that is where the central bank will go forward. they have not done much before. we are still long on italy and spain. italy is using a little bit of its headroom to spend more. they have a 40 billion tax cut planned, which is ambitious given the level of public debt. spain, it is a little better. spain is an opportunity. the political risk is creating noise in the market, but the fundamentals are good. there is not a lot of money to teammate, but it is a good place, spain and italian bonds. jon: a good place to hide. we were looking at the fund market, and said we could not forecast bond yields anymore. how difficult is your job becoming? mr. gallo: for the periphery, given what the ecb will do, there is only one way, lower free yields. bun

be addressed. senior foreign affairs correspondent amy kellogg reports tonight from italy. and how the huge influx of migrants is affecting life there. >> hundreds of thousands of migrants have come through sicily in the last few years. locals have mixed feelings about this invasion of newcomers. the mayor of catania believes they are here to work. >> they're not criminals, criminals don't travel on inflatable boats or ships, no do terrorists. terrorist organizations don't send their guys on boats, they have other ways to get to us. >> but countries like italy with a 50% youth unemployment rate are swamped. italy transferred its first group of people to sweden under the eu program to distribute asylum-seekers. they keep coming. >> we're used to hearing stories of the horrors experienced by these people at sea. increasingly we're hearing tales misery suffered on land first at the hands of kidnappers and criminal gangs right across the sahara and in libya. >> libya is where they set sail. most of italy's recent migrants come from africa, a large proportion from eritrea, like this you

quoting sources is reporting it's in talks with an intalayan partner to open branches in italy. it's one of the major markets starbucks does not have access to. starbucks responded to reuters saying this is purely speculation and rumors only but yet again still something we are watching. potential expansion into italy. tyler, shares are basically flat on the day. >> thanks very much. over now to nasdaq and bertha coombs. bertha? >> imagine that, starbucks in the birth place of cappuccino. we have huge volume on the netflix sell-off after the disappointing earnings. already trading in three times average daily volume but that's being offset by gains in apple today and the rest of the f.a.n.g. gang. a lot of their competitors when it comes to streaming. facebook is a stand out higher on an upgrade to buy with a price target of $115. the interesting thing is, that's not the worst performer. a couple down grades for sea gaseagate technology, garmin gutted after lower guidance having a tough loss in the crowded wearables business. biotechs interestingly are bucking the trend in heal