Renzi readies to form new Italian government

Before you watch the video, look at the title. What type of word is ready? How is it used here?
Listening 1:
What are the main points discussed in the video? Is there a point of view expressed or is the report politically neutral?
Listening 2:
What points do the financial analyst and political analyst have to say about Renzi becoming PM?
Listening 3:
On the third listening make a note of any phrasal verbs, collocations, idiomatic and fixed expressions that you hear. E.g. to give/accept a mandate, to make headway, to secure a majority.