Welcome to hardtalk from rome. Im stephen sackur. Across europe, Political Parties once regarded as too far right to get a sniff of political power are now winning elections, or getting mighty close. But what happens when they do achieve National Office . Well, the best case study in Western Europe right now is here in italy, where Prime Minister Giorgia Melonis far right coalition has been in power for almost two years. My guest today is nicola procaccini, a meloni confidante who is a member of the European Parliament. How is far right rule changing italy . Nicola procaccini, welcome to hardtalk. Thank you for your invitation. Its great to have you on the programme. Now, your party, Brothers Of Italy, led by Giorgia Meloni, has been in power here in italy for almost two years now. Would you say that power and responsibility have moderated the ambitions of your party . Have they tamed your party . No, i dont think so. I think that when you are in charge, obviously you have to. To chang
And the economy is resilient and balanced. We see that balance in the labor market. Thats why inflation has come down. S shares in Country Garden hu hit a threeweek high after they extend a deal pushing asian equities higher pushing the hang seng leading the charge. And the Italian Deputy Prime Minister saying they could pull out of the initiative as he visits china for a fresh round of talks. The European Countries are working better than us. Italy, we decide if we stay or not stay. Plus, the european economy commissioner telling cnbc he is confident in the europe growth rate despite concerns germany is facing a slowdown. Please dont call this a recession. We can avoid recession. We have in the Second Quarter of the year limited growth, but not recession. Good morning. Welcome to street signs. U. S. Is out for Public Holiday today, but we are monitoring the price action on friday closely. All eyes on the nfp print. Analysts saying something was in it for everybody because the headline
You are watching the context. Now its time for europe votes 202a. Elections in the uk, elections in the European Union. Two weeks today, 400 Million People across europe will vote to elect their representatives to the European Parliament. They will choose 720 politicians from 27 countries in what many people consider the most pivotal vote the European Union has staged since members were first elected in 1979. And by the end ofjuly, there will be new parliaments in both the eu and uk, with implications for both sides, for those negotiations post brexit, and in a whole range of areas. Most notably security, migration and trade. Now, for those who dont follow politics in brussels, you should know there are the institutions involved in the legislative process. There is the european commission, that shapes policy, the parliament, directly elected, that debates and vote on those bills, and the council of european leaders, that have an equal say in what is adopted. And at the top of the commi
And humanitarian aid enters the gaza strip as the conflict with hamas stretches into its third week. Israels president defends its actions. It is easy to blame israel. Remember what happened and we have the rate toight to defend ourselves. Corporate earnings season kicks in high gear with 30 of s p reports this week as investors hope big tech helps markets out of their slumps. Good morning. Welcome to street signs. We will kickoff with Global Markets. A lot of focus on the events in the middle east. We have not seen a major escalation, but investors are worried about the risk of a broader conflict within the region with the likes of hezbollah and lebanon and iran getting involved with israel and hamas. Big focus for the Investment Community. Asia markets trading in the red. Shanghai down 1. 5 . Below 3,000. This is the lowest level the chinese index has been since the pandemic. We are at the prepan demdemic now. We have come back which tells you how investors are viewing the chinese st