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Venice Flood Disaster: Is Italy's Government to Blame?

Nov.14 -- As Venice suffers its worst flood in half a century, some critics say authorities have made too many concessions to the tourist industry at the expense of sustainable environmental policies that could shield the city from flooding. Wolfango Piccoli, director of research at Teneo Intelligence, and Nicola Mai, sovereign credit analyst and portfolio manager at Pacific Investment Management Co., discuss Italian politics in the wake of the disaster. They speak on "Bloomberg Surveillance."



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