to get the kind of agreements that she s going to be looking for in the next two weeks in the run up to a very important summit essentially she wants to talk with the countries on the southern perimeter of the european union those are the countries where migrants are first registered and those are the countries to which mr say ho for the interior minister wants to now send migrants back and as we know tensions over migration policy are inflamed not only here in germany but also very much so in those countries because they have borne the brunt of the migration crisis so far so as i said one of those countries is italy in fact we now have a nationalist populist populist government at the helm in italy not least because of tensions over migration the prime minister of that government will be coming to berlin the seedling so america again can get her start right now in trying to work
live, in the united states and around the world, you re watching cnn newsroom. the historic summit between u.s. president trump and north korean leader kim jong-un is back on. set now for june 12th in singapore. mr. trump made the announcement after an unprecedented oval office meeting with north korea s former spy chief. in rome, a law professor who had never held public office has been sworn in as italy s new prime minister. conti heads a populist government. they face a vote of confidence if parliament next week. the ceo of brazil s state-owned oil company has called it quits. a move that knocked $12 billion off the value of stock in petrobras. it followed strikes by truckers and oil workers that paralyzed much of the company forcing the
palace self surge of much i read of the president to get his men date so we re going to have a reboot off the coalition like a populist government and it s in the two point zero and condi everybody expects him to be some sort of puppet prime minister because you see has absolutely no political experience he s a law professor said that nobody had ever heard of before and then we re going to have in the finance ministry another professor this government and these two parties really seem to be in two professors he is an economics professor also from rome giovani therea nobody ever heard of him either ever before how ever if you sort of dig around in the internet you find some people say that he is pro europe and europe and a euro and generally rather inoffensive as an economist so this may be the solution this is the compromise to make good this government fly after we ve seen the first
one and a half the cent by the close of trey s and let s take a look at the currency markets as well because we ve got the euro was reaching a seven month low against the united states against the dollar rather in trading today and don t forget it s already been a rocky yes so far for the year let s take a look at that curve now if we can because off the gaining at the back of the year on the back of you know lots of talk about a strong global economy the year is then fell against concerns of inflation and a strong the u.s. economy now it defined back through march before being hit off by a string of challenges we saw declining exports to the currency strength fears of u.s. tariffs and worries that economic growth in the euro zone was peaking and now concern at the prospect of a populist government in italy and the possibility of it wanting to leave the euro there only further that that slumps o bryant as you can see it s
election of a populist government in italy and the possibility of it wanting to leave the euro i don t know if that. let s talk a little bit about that with listen our man in frankfurt way keeps an eye on the stock exchange so called lot of mean how how is all this turbulence actually going down in the market how are the markets handling it. well markets are really worried the decline of the euro is an indicator for this because of course there s little reason to believe that a new election in italy would produce a different result than the last one and if those five star parties managed to post an even higher result than last time this of course would. mean that the scenario of ever higher debt more unsustainable debt more breaking of the eurozone stability rules would become more likely and you know this is