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tv   Driven by Greed  Deutsche Welle  May 2, 2024 6:15am-7:00am CEST

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we have a documentary about the checkered history of the georgia bind, and of course you can always check out our website for all your latest news and business headlines. and of course you can also follow us on social media or handlers at the w news. i'm here until overland the next hour, the stage burst into our is whenever they feel like doing the 1000 kind of for design and fashion. and most of the pieces in the sky is many on including the office, the volume. how do they do it? the secret lives thoughts may 22nd on d w. the it's summer,
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2007. the 1st day of an iphone goes on sale. a train strongly because power, long streaming strip gosh, a national football champions. the world's most powerful politicians, amazing on the baltic. as it verging financial crisis in the you, it the and the rolling stones room 2 in july they stage an exclusive consis in boss alone up the 200 torture bank investment bankers and the clients you know, have the front of the stage about talking to grab mc jack his foot and then he said, and the great thing is, the money we're going for this is coming out of your bonuses. seems chairs. but at the same time, this growing certainty on new york stock exchange that a major financial collapse is imminent. and so from thinking we can kind of quite
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void off by saying the rolling stones, you know, kind of a, went to bed that night, kind of feeling that we're just about to potentially blow up. it's amazing is in taking place on the brink as gonna be the exclusive stones performance reported the cost more than $4000000.00 the up on the 32nd floor deutscher bank use of a come on we'll see you at the time is a to make it the world's biggest back had left him reliance on the world of investment bank. and so he turned a blonde on to start jessica page with the on the funding. some concept, did you know about this concept of the research was because i don't think so. i didn't tell you, well, perhaps i knew there was a concert, but i wasn't involved. they might as well as like, play the game under
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a massive sign sign. this is the thought to. so this is a kind of emblematic of the so the slight madness of the banking industry. such opulence is now ancient history and use of a combined has also long since vacated his chair at georgia bank. but he has time, a ceos to shapes the institution today, the in the years that followed the stones fiasco, the once reputable name of the financial institution was dragged through the month . it's reputation still hasn't recovered to this day. the, this is francis your style. so in billings, mr. district, the birthplace of deutsche bank. it was founded in 1870, in an honest shooting building. let's not go the
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the founders did by private bank. i did the do group. who did this say to offer the client's security for the deposit. for the next 1st 10 years instead focused on conquering world markets and providing loans for the pre export financing market, the most of the ones, arden desmond. i would definitely say that they were strongly motivated by the goal of founding a strong german but also to make gym that you cannot make a strong internationally. it wasn't just business, some of the patriotism that also played ross and under file, but it is posted up. i know what it should be at the the export market collapsed. how is that with the start of world war one in 1914 the still fledgling deutscher bank was facing room and the i'll send you some few guy in was not the foreign bond, just have to be closed one after another. if they develop several strategies to
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compensate to the black one, i was to grow it's client based insight, gentleman having a non canada and it was for deutsche bank to get very heavily involved in financing the war economy during world war one. and for nancy owned a creek such as the industry in the 1929. so the next essential crosses black tuesday, the devastating stop loss is a little strange. tribute a global economic crisis, the town must unemployment and social stripe for those of the world the, the impacts of the great depression also reached which events live headquarters. the
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. the doctors jumped into a 2 bags. history came in. all she gets 1943. this time the banking industry was north. any finance in the war economy, but also the whole cost, the systematic motor of jews and other minorities, the banks, branch in costs. if it's a guaranteed loans to totes and sons, the companies that may be in sooner races for the else gets crematorium. starting in 1937, hub and use of ups was both of torture bank. upset not, not that from one fish there because off tops himself set off to 1945 and that he didn't want to be counted among those who said they have no nothing just on that's the the end directly admitted that he'd been quite aware of the crimes being committed by the nazis for this most, colombo, the 1950 for the country was getting back when it sees west germany. when the football world cup. the gym and economic miracle had become
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that. so to had the co union launched sputnik, the 1st centralized into space deutscher bank was finally reformed in 1957. this time in front such not talent, it'd been broken off by the allies of to the who, the and in spite of his role should rush and use of arms returned. is chairman, the menus of our style chairman uses apps. was a convicted for criminal dodge, but they needed deutscher bank after the war and there was store invasion, nothing to eat, no heating house of the country laying ruined fox. they needed leaders who knew how to do business, who had contact and could get things done to come and ops must have been appointed
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back to his post at the discretion of the allies. who to whom do i mean you may have reasons on the how soon to be done. so i'm schools in florida. the attachment 5 in switzerland, someone can so land him in use of arms, was hoping to win back towards you. baron's reputation in the late 19 fifties. his future success, so was growing up in the swiss mountains. joseph a come on, was the 1st of 3 sons, a rule physician, come on and wife month that the he loved sports and music and whatever outcome. and did he wanted to win set gracing included busing individually by you guys. he was going on bush, somebody,
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and i think his father was us and that the mom today for the troops off to his military service come on studies business in the switch city of some kind of temporary thing considering following his father's footsteps and medicine. the soft graduation he turned down and also for a future in academia. the . instead he pursued a career in 1977 in banking with credit suisse into the back. then most banking took place manually. the counter bank is kept accounts exchanged currencies, granted loans and try to didn't shows it wasn't anything spectacular to the bank because didn't make money doing it.
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loans with the biggest business. the banks at that on the back end, slid money to small and big customers caching in on the interest. oh, they traded ships and currencies for commission if i yeah, i'll come on a send a degree and that at credit suisse, it was in the bring to taking of a leadership of the entire band. when off of the blue, everything came crashing down. 976 and 1996. so you something they walked on and left the final lesson. his departure came off for a power struggle home, which he had basically lost him to follow the same. yeah. a come on. had a new opportunity in frankfort. it's between towers deutscher, bank was looking to fundamentally revamp it's business model and finally become a global plan. chief executive and
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deutscher bank to mccullough prose. i come into the folds at the time. couple was facing a considerable problem. disgrace gibbon, real estate tycoon. you can, schneider had been extradited from the us. it was a full the clients and things was threatening to become very embarrassing for deutsche bank side of uh, getting your post office. schneider was a brilliant fraudster. you close up old real estate and restored buildings without any consideration for cost of the of his last project. his unforgettable, it was on the site of a department store in frankfort style district. and he falsely inflated its volume the thought, all in the view of the deutscher bank terrors of thoughts and then when they could no longer deny what was happening on. the deutscher bank turned the top off, who could wait, but it was too late. and you had all these contractors waiting to be paid and we'd
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like to know when that's going to be in quench do initially flipped to the us cult, had play down the damage to do it. you bank this 100, do you think you'll be sending to a lot of money? but we estimate that for all $3.00 projects that we're talking about. they've got the 3 that involve deutsche bank activity, though it's very clearly on the 15000000 mobs just me talking about peanuts and injected from p not p. nose coughing made it sound like $50000000.00 each box $25.00 and a half 1000000 euros today was sped change and a numerous display of advocates from the bank, especially given the financial consequences to the construction companies involved . so in this months we spend could turned up in the form of the use of a come on. it suited him a corporate to public shop, his crews image industrial. i see here on the 1st of all, you're very familiar with. certainly a new world for may see is name, but i soon felt at home and sense, but not all that glitters. that deutscher bank is gold. so i saw that i could bring
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something to the table. and by the way of doing things that was better, back in switzerland, does it into tries to basic it, most of the time on the spot, the peanuts incident shifts into it. you bank was stable and trading is around 20 it us. but for the vicious outcome on, it wasn't enough. he wanted more the industries solutions. and so it was, it's, this isn't that was easy basically uses test. this tv shows. so it's your bank still highly valued. it's relationships with private customers. it wants to show that it was ceilings, reliable and trustworthy uses to triple
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in of the 1980s, a new era began in london's financial center investments banking was deposited at the time mocking of radical change in the industry. which was of the course of the day the decisions joined the big plaza. the global level was of course something quite different to the original concept of deutscher bank would accept it when it was found that a 150 years only as yonder go under water will try to decide the house bunk. but that was the end of the traditional house bank principle. for a company had a close relationship with a bang job and ghost, it's loons, there doesn't lose the whole investment banking is about trading, enroll materials, currencies and bones. also using the banks own money, all the clients, the high sums that trade is juggle, mean that even the smallest currency fluctuation can lead to massive gains or
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losses. risk is the name of the game. in 1996 new board member yoseph come out and took over the investment banking sector deutscher bank are coming are really believed in the investment. he believed. and that was found way of thought. your bank becoming a universal buy covering every client all over the world. so people a lot of pressure on, on the buying the investment bank to make money. and then if you made money, there was pressure to make more money. and then the next year, more money the employees on the trade for the investment banks came up with increasingly complex financial products. anything that counts, it was the profit which dictated the size of the bonus. it's in order to process, you have to take risks, taking risk is the life blood of these people and,
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and the notion of turning down possible money, making opportunities because they're too risky. that's just not in their dna include the culture on wall street was definitely shaped by this very male dominated business. it was all about my bonus that's bigger than yours. i'd die, they lived in their own world and her date to suit the kind of live style that they perhaps could not otherwise have afford it. especially in the u. s. investment bank because the new world is that right? it's a money machine outside is have no chance of completely understanding including the pulse, those 2 movies. i'll tell shave that it's, it's impossible then even if the boss and the fun to balance of products are being development to you, even if you have to sign off on every one of them, you'd have to look at them in detail. i don't think that's possible if not this, this is these things, but i'm lucky is both mr. i come on this when it's mitchell
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was a man that i'm the student investment banking inside and out to which that could poached it from the competition with the best employees. it's image of a the so can off the rain. that's and michel post the bank. so crude rain mike gotten out of the rain maker was the time for an employee that brings in unbelievable sums of money home. so i kind of knew right away. so his standing was riding on the standing events in mitchell to have them from the role of x and mitchell for the whole life on, at so much of an opinion as an mitchell became i think in many ways the worst nightmare of jo ackerman, these here's the american who is so bold and brash, they thought that the future was in sales and trade and investment banking in this very kind of cowboy uh, type of business that the americans and perfected. and the europeans really needed to rush to catch up. just saying between london and new york on the concord,
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it's and michel was fire up his shirt sleeves buddies with exorbitant bonuses and wild policies. great appeared to be his recipe for success. the london and the groove and the house voted on december 21st 2000. so which events investment bank, who's celebrated christmas present this class and it filled takes the staves, the mission impossible theme song is blair and, and he declares to this crowd, the nets here is gonna be even better than the last. and essentially, the messages we are covering, the world among the guests were number schools. and one of the things that they would do with hire young women to serve as a wait staff and had to learn a bit with the customers. so they developed a system where tend to their little black dresses would be these blue ribbon,
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which would mean that i'm a staff on thursday. let's do them between the 2. that's one of the cool and that's a part of it to entertaining the clients and treating them while doing it. the some things probably go too far done to bike in but enforcing restraints would have violated the investment culture. want to bring them those via this one i can get a gives and in some of us the invoice from palm code to us as a customer on the quote kind of co. sure is that, and indeed these all kinds of people are they to be kept in line by offering them these types of event. functional computer shows what kind of data. this is the bank, it's sunk to for the bunk cost this day after the big bash. it's and michel was do home and wrangled the main for the christmas holidays, but the private jet. so she bought it in boston, never made it. it slammed into
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a mountain on it's to sent the pilot and who's passenger it's and michel killed immediately. been out on the stupid out on the tower. finally street, i went to nearly all the memorials and made speeches a strange and it was a significant loss for the bank to the end. of course people were wondering who a successor would be, so they couldn't enough focus on when mitchell dies. there is a, this power vacuum and just all hell breaks loose as a result of that cultural shift that he had introduced. come on named on she jane to succeed. mitchell, the people it worked in essence world didn't really trust, aren't you? and that that would be that would be a problem attic to put them in that position. i said so directly to jo ackerman, was it the big mistake of jo ackerman? i would say yes. hi. high tolerance for risk that i think in the end did not serve
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deutscher bank well starting in 2001 on she jane was in the drawing for 6. he had a reputation for not being particularly careful, something called han fit. ultimately, the previously respected deutsche bank would lose their reputation under his watch, [000:00:00;00] the in 2002, the youth became the use of special cash currency. michelle schumacher won his 5th championship title. the hutch road is secure at another time. as jim and chancellor in coalition with the greens, the gym, and media mogul new coach declared bankruptcy a
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few years early on shield my copa step peanuts had been replaced by rolf b. boy. when boy costs dallas on the credit, standing of his client leo cush. during a tv interview, it turned into a fisco house bunk. pretty good house bank is meant to protect its customers with an immune. they'll see right in the middle of a deal that he won't be getting any more money kind of like you can't do that. i crucified the businessman leo care should kaufman after that. it was over the last loose cushion suited for you and deutsche bank. and the legal battles at last the g is off to his death in 2011. his is were awarded around to be euro's as the train their client leo cash includes very costly for dojo bank on $911.00. he deutscher bank hot the manhattan offices was badly damaged when the twin towers collapsed and had to be demolished
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the but every catastrophe offers the chance of a new beginning and deutsche upon moved to wall street. the by the annual meeting of may 2002 use of command had finally reached the summit that became the 1st known gym and to hit the institution the trying to to nationally deutsche bank balance books puts in 5th place for october. not high enough. the document wanted to be the best on rules trace deutscher bank shares would be listed on the new york stock exchange. a few months later
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the come on wouldn't let anything still pay me to select set price way. they quit the charge of bunker to put a thief in another in the ninety's early 2 thousands became deutscher bank was effectively earning very little if anything unique menu outgoing attributes on. and i said, if we want to play a global role, then we have to be as profitable as arrivals from the show prophy valve of side view. and so our capital yields at the time are relatively small of the tool called from also quite small capital reserves. our critic before tax at 25 percent. are you in forced ion for 20 percent looking back. it seems almost in sight. um, you know, 25 is a lot of but doesn't equity all the time. it didn't seem ray just because
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a lot of buying. so making similar kind of returns when use of come into control in 2002, the share price was 59 euros it more than doubled its value since 1996. but could this continue by early 2004. i come on over to you to be standing on the press if it's the face trial, after the takeover through the gym and telecoms. john minus mine by british mobile phone, company, voter, phone. com and being on the supervisory board visit approved a bonus with millions to it's been chairman klaus s a. was this an abuse of trust the, the image of a come on showing a victory sign before the trial remains in place in many memories. the 1st of course it's going to force them to push out. you'd expect the german or executives of germany's biggest bank to keep things under control. that's why they get big
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money. so those are paid well, so things that is don't happen. so when something like this happens, you wonder, cause it all intentional, play a cup of tea, not apply a cash or an ottoman victory uses this series of food paused by deutscher bank chairman or executives was peculiar for this. and i thought somebody to try the games come on with several find me, was a 3.2 meeting. you both have a bunch of the quotes terms come on, didn't admit skills and was allowed to stay as head of deutsche bank. but now he was under pressure. he knew he had to deliver all to london deutscher bank money machines were running at full tilt on to james using the promise of bonuses to drive his work is to make money much move money was born . is this damn of to so she bonus system is very
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a psychological in economic structural consequences and conditions that are result is extraordinarily detrimental. tyler, but i'm at the causes agreed to set in the, to the hung up for more and more money. and me a get kind of becomes insatiable, the cross you said this route, the other things shot. if you messed up a transaction and lost money, there was no great this incentive except that you might lose your job title also. but the next bank would be there waiting to snap you of the time to do next to block them. thought you said it's a massive thing psychologically. a him of being able to recognize when greed, or striving for profit has become too much reached even to chris. that's what echo month says today. but it seems that back that he had little interest in preventing legal and ethical boundaries from being pushed further and further. internal emails later prove this a number of traders were manipulating interest rates and engaging in
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a legal business deals. here's hyped. i'm all right and last year and employee rates in the london time. so i think it's simple here, but this is fraud. and then renaissance. you've got the deutscher bank manager, claiming this is for all the clues and then deutscher bank gets involved. the new thought, you're not going to do this because no one asked, should we get involved in an illegal business deal and in regarding it has to other seeing is on. this is a legal business that i don't think is the risk of always getting called once the once the thought to face effect deutscher bank like to ended up paying fines of $2500000000.00 for manipulating interest rates and violation us sanctions between 20032005 it's to mid to thousands and do it. you bank throws a christmas policy in the milan night clump. time once again for the investment
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bank is to go wild. that's how i wasn't bothered by that. and the clients appreciated it, as i should add onto j knows he has to keep his team on his side. for example, by paying good go debt. this is from the fence costs at this time, but not wearing the little blue ribbons on their outfits, the by 2006, deutsche bank was a fixture on wall street. prophets was the jeep, but a storm was brewing. and it all had to do with the sub prime mortgage market. the, his analysts cheap pulse use of a come on warning, the gigantic crash was likely the what could i come out and do deutsche bank was
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heavily tied up in the dubious deals and the u. s, mortgage markets, houses every way it went up for sale. many banks had taken high risks with a mortgage lending. now they had to offload those bad assets as quickly as possible as having to feel it least about how many people just didn't want to believe it out in the highways. even criticized inside of the bank. it is more felt resistance on dish because i said what's happening is not going to of it the and faithfulness in the school. we have to get rid of the risk and then sell it off one fee list for kind of that job as a d. you had as you jane's team and your stock right in there. these are the safety involved, do they? so 1st thing would work out fine, then golf slider things, then there were people who said it couldn't work unless you call you they said what you're doing. it's all coming by trying to turn late into
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a goals like you go. it's not it's boss. hello. not july, 2007. the crash is coming and every one knows this. but on to james investment bankers and living this help as an exclusive, rolling stones consis giving the impression it's business as usual. because it's easy. ok, who used to be able to estimate the risks when enough to be able to carry on bouncing while the music applies on. but notice when the musicians are getting tired as it was, and then get off the bones for life just in time for that i was gonna take it the do so little space i k b, georgia industry bank cleared the dance floor a bit too late. they were one of deutsche banks mutual clients at the end of july, 2 10072 weeks of to the students consisting barcelona, the financial services company was facing bankruptcy. the k. b executive had mistaken a common slit for gold. the village of phone cuts deutscher bank helped create these products in the u. s,
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which contains bad loans. so we need to package them. so you didn't know exactly what was in there and then sold them. have this done for calls. yeah. or yeah, but yeah, but we didn't force that on anyone, something we sold them these products because they were asking for them to fax them . the money from dustin golf. the money from digital dora d, i k b was one of the last players in the market. and i have no idea what kind of storm was brewing. desktops, the foster southern power to torture bands full. i'm a chief economist under yoseph. come on antiques ross had man, has a harsh verdict on the i k b deal. with most organ, legally speaking, i'd say it was icb problem or morally and ethically the should have held back sooner and flailed. so we call it and saw him. are they didn't, but how? because these products and a nice profit margin by these products initially, and they give inch binding twin box
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a number of rescue packages have to be secured to prevent a k b from going bankrupt in the end. private banks paid 1500000000 euros and savings banks around 370000000. the lion's share, the was covered by the gym and national investment bank, the k. s. w. it covered more than 7000000000. you rips the case w itself needed huge amounts of tax money so it could survive work done. so some of the future off to the status of, oh, i don't like saying it as a market economist, the state support. this was the only way that i'm to give you include mateo smiled, then head of the cab, they'll be criticized as the fact that the deutsche bank and i'll come on had to be bailed out by the tex. pam, that's i. come on. contraband. had to mitigate the risk seed, largely instigated himself company by selling the i k b these products, these bad assets and bypassing off the costs coming onto the k f w,
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the national investment bank. so that shows what made document text and basically how lacking in scruples, he was the cooper had use of come and gambled and lost everything the following, the i k b crisis, eagles of outcome and return to switzerland and a village into chino, like every summer. meanwhile, the creeping sound of the international financial system was becoming hard to ignore the come on you, he had to face the public doing, should banks reputation was in cash's. the
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argument went on a popular television tool show to also his rules, and he insisted on appearing along the events how much they stayed with when things are going badly. it's fair to say you've made a mistake to pump and deutscher bank made mistakes and this crisis to too much money. you have to admit it to try to correct them and learn from knowing that i was here. he is light head deutscher bank would find itself being held to account in the us to these very stakes, to avoid criminal proceedings. deutscher bank and 2017 reached a $7200000000.00 settlement. in addition, it already had to pay at $1900000000.00 in compensation in 2013 to to us state mortgage lender. in total deutscher bank had paid out $9100000000.00. it was the
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biggest penalty paid out during the upcoming era. but it wouldn't be the last, just a few months later, the wall street crash on september, the 15th 2008 investment bank lehman brothers, declared bankruptcy in the wake of the us subprime crisis. a domino effect threatened to trigger the same face in other banks. the global financial system was on the brink. stock exchanges around the world trade is frantically tried to say what they quote, the dodge of, i'm closer deutscher bank. it actually wasn't that bad. and we were relatively well prepared for a collapse like that of to i'm collapse the at the gym and chancel. re one crisis meeting followed the next. the government's priority was preventing jim and save us from panic or chaos. wooden shoes, designing the weird thing to say version that their deposits are secure,
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whereas in and the german government guarantees that the german government fee is another black choose a like the $1.00 in 1929. when so many people lost their savings and then the jobs. let's keep them pop up earlier and as it some, i'm not sure this is a cause and there are a few power in the house. of course you have these huge risks that the banks will take care of that, so they didn't expect they would have to guarantee as of a full 1931. it was mainly the credit, the give you a quote and then the 2 thousands. it was mostly the international financial mach has to be done up to 9 feet on smart because have, you know, type of 2008. and the international monetary fund met in washington is frantic efforts continued everywhere to stop the global financial system from collapsing. use of the outcome was now being regarded as an international $55.00. so even though he's fact was among the us and it's the same time,
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another fiasco was on folding support. you bank a property, develop a default on a construction loan with millions of dollars in where else can plus power dice. las vegas today, the cosmopolitan hotel is a complex of superlatives which has more than $3000.00 rooms. more than 5000 employees. hundreds of slot machines, but in the midst of the 2008 financial crisis deutscher bank inherited the hospitals, projects, when it's develop a decayed bankruptcy, is wondering if i hope it will be my next. it was a building sized in the audit loan for 10 years. it would have been known as the deutscher bank building side, so kind of phenomena. the banks are responsible for what these projects look like. pages, primarily it was about reputation with the to the size went up because of yes. right. and so they said we won't write this off, we'll finish building it with incentive tells them. and if we have to branch off that, then we'll do an additional for tony when the financial crisis has passed its peak, use it, and we have money against could exist,
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then people will hardly notice that the united states as this goes out, that expensive mistakes the deutscher bank is attend, ask the during that period a come on was originally guessed as a gym and cabinet. the government was planning a state rescue package for german banks. how come on counted dementia with the statement saying he would be ashamed if deutscher bank was among those needing a government bailout many sold, this has come on giving his victory sign again, verbally. this time the chancellor didn't like it commenting by his spokes person. she called, i come and statement him comprehensible and unacceptable. the settlement you shouldn't have said that a good mind, but i think he meant that his caps it up the ship does. at least he didn't run his
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ship. a ground dean isn't spin, is nice. of course he had in mind and he'd have been a shame to go straight to the state. does he have the shame to meet some star? do you think this is kate? could you, i need to know to them a bunch to i'm not just about state money stuff, but it's about the state's influence, the who's doing that and hey, would have been monitored and limited to a maximum of around 5 100000 lead me to get in from the 1000 marks and for deutscher banks, investment banking, that would have been bad in inc. and we'd have lost a lot of employees gives you unlimited device. so for the shares in the bank had plunged from an old time high of 88 euros in april 2007 to just 16 year spike, january 2009. i think it's pretty clear that off to 2000 and some 2008 and particularly with the regulation changes that came in
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off towards the deutscher bank, should have probably into the business model quickly. and they didn't bought on chew. jane and his london crowd didn't wanted changed a model on the country driven by arrogant, some greed they would diving deeper and deeper into shady of practices, had even been promoted to the board of deutsche bank. it's new year's eve 2010. an in las vegas to each of bank states to make a party some of the opening of the cost of commerce and the bank of pulled out all the stops selling out $12000000.00 for an event feature. and jay z and beyonce by the time the buyer was found at the end of 2014, the hotel was running a $1000000000.00 loss. how high was the loss is please try again. i can't say exactly what it was, certainly over
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a 1000000000 grant. emily out ultimately the financial loss has reached almost $2000000000.00 by the end of 2010, which banks name was touched. the world of global finance now more jo acrimony, as the man who took too many risks and not just with hotels in las vegas, the someone has to do it. alexander is the only radiologist and has shown all of his colleagues have less to see as a contested ukrainian region, but he stayed working into clinics every day. he tries to save his patient, focus on europe. in 30 minutes on the the,
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the g music calling to be just boy, you can try that. it's impossible for her 9th. and also may do is tennis. i need to know sky face the p was the nazis favorites. conduct the for to do musicians who lives in the savannah office on the line was music to the national search. the music of the arts were to be used as paul to submit the machine. assume about the sounds of i'm
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inspiring story about survival, things to music. and the defense the trailer today as well as a super knocking the music under the song. dogs may 25th on dw the . this is dw news, and these are our top stories. israel has reopened the harris border crossing north and casa, which used to be a key crossing points before the most terror attacks of october. the 7th us secretary of state entities, lincoln held more talks with his wally prime minister benjamin netanyahu in jerusalem secretary blinking pressed mister netanyahu to allow more e deliveries into the territory and repeated us concerns about israel's proposing
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ground invasion of the southern city. the roof in the united states police in new york city of cleared and building at columbia university that