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tv   The Day  Deutsche Welle  June 14, 2024 2:02am-2:31am CEST

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the $1000000000.00 of russian assets seized by g 7 countries and the european union . now ukraine was use the money to build that to buy weapons and rebuilds, damage infrastructure. but is it legal? and who is on the hook for ukraine? bassett, by water and russian occupation defaults on the loan, unfilled guy of, in berlin. and this is the day, the water, all the things, the food into drugs us from doing the dread sounds good. often these frozen rush software and assets and the therapist to use for the benefit of the training people . they want to give you kind a big chunk of money. we're hearing some 50000000000 euros. i believe the russian should feel that this war is expensive. expensive not certainly for us, but the sharp this we're not lead to anything good for the west. and we're
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unbalanced the financial system and create the cataclysmic crisis. also on the day on and teen as new president, to have a 1000000 against what he wants. i shop to he's country in the way of a controversial economic obe, a whole bill. he's not 0, he's waiting for us to set everything on fire these month things he's a name para, that's why i think he's crazy. it's not like that these guys, things he owns everything that he can change everything know welcome to the day. you credit the president. it's a lot to me is that i'm still here, has described it as a historic day for his country. lead is a big group of 7 industrialized countries of back to deal to use the interests from hundreds of millions of dollars in frozen russian assets to help you cried. ukrainian, leaving us present to joe biden, also signed the 10 year bilateral security deal on the sidelines. if the summaries is a lot of the 2 countries to share intelligence and to continue to try and ukraine's
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forces. as incidents could also signed an agreement with jeff palm for long term support is some of the 2 presidents said at the joint news conference to back in 2020 to 2 days after rushes, evasion, members of the g 7 year, paying you to work together to freeze $280000000000.00 in russian central bank funds outside of russia. i'm very pleased to share that this week. this week, the g 7 sign to plan to finalize, unlock $50000000000.00 in the proceeds of those frozen assets. to put that money to work for ukraine and other reminders to put we're not backing down. in fact, we're standing together against this legal aggression. and thank you, mr. president for your leadership in the g seven's decision on 50000000000 alone for ukraine. it's a vital step forward in providing sustainable support for ukraine in
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a winning these war. well, yes. ok. god is with the german marshal fund. think kind of in brussels is work focuses on trade and economic. he's also works with danish ministry of defense. i'm from the us in iraq. welcome to dw, the start with the basics. is this g 7 plan even legal? can you just free is billions of dollars of a countries assets and then do whatever you like with the interest on that one. i mean, i don't know if i would go as far as, say, it's on presidents that, but i certainly consider it legal, a gaming that russia is engaged in an illegal war of aggression against the neighboring country. and these assets are already seized within western financial institutions. and this would be a lo, so how would that work? who would ukraine a pay back to and who takes place it if you credit and crippled by will come to pay
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it back as well. the loans will be seemingly issued by a syndicate, a different lenders, presumably a mixture of public and private banks from around the g 7. and if you know, i mean this is load is obviously predicated on ukraine ultimate, you winning the war and in and then as part of a long term peace settlement winning reparations from russia, from which the repayment of the loan would comb. uh, obviously in the event that ukraine does not win the war. uh, then the holders or the issue as of those loans would have to, uh there, i mean, the ukraine not be able to repay it. and, and, you know, the g 7, we start with the bill. so the good news here is that by agreeing to this loan, the g 7 is very much putting their own money on the line to secure ukrainian
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victory. on the move like this, open up the us and your particularly to reprisals wants to stop russia doing exactly the same seizing european property and other assets. well, i think that's very likely that this might happen. but i would also say that those particularly european companies that are still operating in russia, we do so knowing that this risk of arbitrary nationalization by the russian government was always there. hopefully, these companies, such companies would already have written down the asset value of their russian operations to 0. that certainly in my opinion would be the thing to have done, or they would have taken out appropriate risk, sovereign risk insurance against these types of nationalization. so the bottom line is that yes, i think we should expect russian reprisals against european, particularly firms in russia. but these countries are not
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a group of companies that i could feel sorry for. they knew the risk. so this loan is set to be, uh, something like $50000000000.00. how far will that go? well, i mean, it's important to understand that this is $50000000000.00 on top of earlier commitments by price ends. the european union, which has placed a 50000000000 euros until 2027. there is still an ongoing map program that also provides funds for the ukrainian government. and of course the us congress recently appropriated a sizable amount of money as well. so this money and the default, the whole pot of money. therefore, in my opinion, certainly for the short to medium turn in by that i mean the next 1818 months or so at a minimum of should provide ukraine. the financial capacity to continue to resist russian aggression. and so what will it be used for this particular $50000000000.00
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pot? once that been a mouthful, this one is a little unclear yet except that the g 7 of the, the so the right a read off from the g 7 statements. and that is likely to be published tomorrow indicates that different parts of the loan will be earmarked for, you know, reconstruction, some of it for outright military purchases and some of it for if you like, a broad base budget support for the, for the, for all the different expenses of the ukrainian government, wages and other things. so it's really likely to be a mixture that obviously also reflects the most urgent needs. 4 of the premium government when this loan becomes available at the end of the year, it may, may be at that time the military purchases are more important than reconstruction, or perhaps vice versa. we don't know yet and watch stuff with the interest on the
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seas. russian assets, why don't use the actual $300.00 the $1000000000.00 or 70 impression assets that the u. n. g 7, have seized? what are there are there if you do that, i think there might be concerns about the legality of such a move. and this certainly in some european capitals, notably germany, but also the former colonial powers drugs. and it certainly would be concerns about legal precedent. because these are obviously countries that have a history, both during world war 2 an earlier during the colonial era from which they may, there may be entities around the world that we just do that. so therefore, this has clearly been resistance among european governments to go to the outright seizure of the underlying assets. there's also this issue that you knows that
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they are going to be providing the majority of the phones for reconstructing ukraine after the end of the war. and therefore, if you were to see the underlying assets today to provide weapons, you might be cannibalizing a so to speak, the pot of money that wouldn't be available to pay for reconstruction after the war . thanks for talking to so that so clearly i ya could, could got from big german marshal fund. it will stay with war and you try on 2 years into russia's full scale invasion. ukrainian troops dug in for a long bull of attrition. and the next generation is getting ready w, i'm in a c has for this is a group of young ukrainians, practicing the basic skills they may need to defend the country molly, on you have to come. the commander distributes rifles to the separate tactical group. replicas that is troops here only teenagers. so i'm not even that old yet.
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this is an after school club for the kids of shepherd, teeth can western ukraine. they need 3 times a week to prepare for life in a country at wal. mad. lina dot u. a junior sergeant and an air defense unit is the only adult here. she found that the program in 2015 with funding from donations grants and the local government after rusher launched is full scale invasion. in 2022, the clubs activities took on a new urgency, but elaina says her mission is bigger than just training future soldiers. so when you today, you want to invest the maximum and bringing up this generation maximum because the future depends on the uniform. she always, they correctly understand who they are, that they are citizens of ukraine, yet they are needed here so that they can develop the country and what was, what is the only them will there be a future here and like, what do you mean asked mostly as a supervisor, as the older kids teach,
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the younger ones, hard, military skills, like how to assemble a real kalashnikov. then they use wouldn't rifles for the thrills, but there's no playing around. they are fully aware that their life may some day depend on this training. the enforced discipline and relish difficult conditions like a brief down poor, the trenches the field today. this is the 16 year old and the yellow is one that the younger kids look up to go. both his parents serve in the military and he's committed to doing the same another one the forward. she allows whether i'm ready to go and fight on the front line in the hot spot. i think so, yes, for one thing. sure, because this is my duty as a citizen of ukraine. you know, i've dang basic skills that will help me my training in the future. positive and always unhealthy. push the enemy out of our control. the reporter to the has the most reasonable. at 12 step on is the 2nd. you have the group put him up. he hopes to take a different religion, just thought the name. so please to by you think you'd ever want to be
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a soldier to do much. there was no problem with it. that no my thoughts to some of which anything can happen to know. but if i want to study for a civilian job, there are hundreds of youth groups like this and ukraine, and that number has grown significantly since the full scale invasion. that's according to the youth and sports ministry, which provides direct financial support to the larger ones. in the last 2 years, the ministry held conferences for youth groups across the country that involved 74000 young people, off privately won't create any subordinate now in ukraine. it's a time of internal reflection. look at my and the one day's notice when i went to rethinking the question of how to raise the children for those so that the citizens of an independent and white and capable country to show up on the other one is the last night from was 9th grade and the after 2 hours of exercises spirits are high. but the walls are covered with sobering reminders of more. these young men
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are graduates of the programs of died on the front lines. several other graduates are still they're fighting. but as of all you yeah, i would worry, check it for the when we chat, i know they can't immediately go online and read. my message is what you're talking about. but i'm always checking the messages to see if they've read what i sent them to, whether they've been online, whether everyone is there, but they don't all answer right away. see you. but if they read the messages earlier than everything is fine on this, but they'll send all of it out as the change back into their civilian clothes. members of the separate tactical group are just kids. once again. some of them still have 5 or 6 years before they become adults and have to make adult decisions for others. that milestone is just a few months away. to read a minute and as a ministry on the listing, the wall studies department of kings college london. welcome back to w marina. and how does some of your studies will administrate tactics like yourself
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view a story like this teenagers, even a 12 year old, then they had to assemble machine guns and maybe to fight. good evening, phil. well, i have looked at the wars around the world and certainly there are countries which do resort to using child soldiers. and fortunately enough, but from a western perspective, it's certainly very desperate way of preparing your country for a war. and that speaks volumes because ukraine is lacking, meant power. we've heard the issues that have been caused by as a new grass school. we have heard that women will be mobilized as well, or are being mobilized. and now we're seeing children being prepared, being accustomed. so unfortunately, this is a sad reality and i, i think it should give us all
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a moment to think about how our world is moving and where we're going. and russia, at the moment, a pianist notes to be having problems gets a listing kind of the photos. it was full of full this, this bottle because one of the russian tactics just seems to be throw benefit or not the russian tactics involve using mass of man power. as it is, however, the russians have changed their system and in terms of offering a very good some to those hor, willing to volunteer and go and fight in ukraine and the gas bonuses for destroying western equipment or for killing ukrainian soldiers. so it's quite an attractive way to go to get people to fight. and of course, we have to understand that both ukraine and russia, they have been preparing their populations in terms of designing the information
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spectrum and such a ways that people would be supporting whatever their respective governments or their petitions are doing. so i think for the russian, it's working out quite well now on the 27th. amazing at today. of course, one of the possibilities to come out of this conference in italy is a 10 year 5 actual secure se agreement with the united states and the deal with japan also likely. what do you think is likely to be in those to well, i, i don't want to take any guesses. what i'm thinking is that there is an attempt to ensure that ukraine has the necessary financial aid. and it was estimated that over the course of 10 years, it would be needing some $486000000000.00 for reconstruction. and this is an important point because we don't know when the water will end, but whichever way it will and ukraine will need money for reconstructing the
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country. and i think that is one of the aspects that needs to be addressed straight away. and i think that's what the g 7 liter is trying to do when discussing on how to proceed with the frozen assets. and of course, um, what needs to be insured as a few crane has continued support regarding of the political climate. and regarding of all the elections and the shifts that we have been seeing since that european pro meant reelection. that is this a to ukraine can was tend also turbo lenses. so to say the us or pillar would be of course, provision of molar tree 8 because money as it is, cannot be readily turned around in the military equipment. and we have seen that was artillery shells for instance. so is i think those are the things that should be or will be most likely the priority. okay, thank you for that. i will grateful as an military unless medina,
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amino from kings companies and thank you for having me to origin taylor why the senate has passed by the narrowest of margins at present. how very midnight controversial economic reforms. the package aims to slash government spending and privatize the public companies as part of the presidents that pledge to shock argentina's economy. and so if it's worse, crisis in 2 decades with a prospect of grunting him sweeping powers to slash social programs and other changes respond to huge demonstrations in the capital k o 6 scenes on the streets of one. 07 protest is clashed with police and set fire to cause opposition little make cause joining. the protests of pepper sprayed and dragged away like many of the demonstrations here. they see the new legislation could
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shrink benefits like pensions. we can work as rights and save a big corporation. that may have been on this low attacks all work cause and origin . tina, i'm a retired teacher and i do not want to be the last generation of retirees in my family. i want my sister who is adult to, to be able to retire my niece, who is a student and my daughters, who are professionals and who will not be able to retire if the pension package pauses today. that is the they believe the bill over extends the president's power? no, no, no, no, we can defend. he's not 0. he's waiting for us to set everything on fire these month things he's on them for. that's why i think he's crazy. it's not like that these guys, things he owns, everything that he can change everything, know the rights outside congress reflect the divide on the inside. the bill was deadlocked. 36 to 36 until the vice president broke the tie. she said that those
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who voted in favor chose change to only be one of those sort of can be today. we saw a too large and tina's and v o. now, so one violent argentina that sets cause i'm showing out all that through starting use at us and that to face the exercise of democracy. another argentina, your thoughts as to why, cuz we're wasting with deep pain and sacrifice to the vote to be respected e subsidies, b, c, o, etc. if the house approves the new modifications, military can claim his 1st legislative to victory since taking office in december. let's take a closer look at this worry about law. i'm going through who is an associate professor of political science at the university of one of us at us. and she joins us from the argentine in capital. welcome to the w president midnight if the guy who promised to during his presidential campaign to take a chain. so at the public spending, i mean, actually brandished an actual change. so. so isn't this what people voted for?
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yes, see me and you'll see that being said, that's called deborah measures. and that sort of a find that in the context restrict on suspicion i received all the t and the way we think around 4045 percent off with the be, i mean, it is true that yesterday the web demonstration of the congress by re phase and today what people say the payments, so what they buy stipends said is all of the country by the around he's measures is to industry to how bad is argentine is
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economy? would you say? well i think the, i say by today and today we have a nice song and events and we know that in place, i mean going down, but it's, it's a car related with the truck and the driving in the junction. so it's to that nation. what was the problem? the be great and it's slowing down by the fight and we have an economy that's ease and not stop. so they tell him in the next, mom is b as in tom barry. and i need to okay, thank you for joining us today. lot,
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lot of guy bought it from the university of what a sense. thank you. it will go down to the overhead football championship has officially begun from football list. also euro 2024 and laser. so for the, for an audience in about 15000, germany's financial capital will host a 5 games next week before that germany facing scotland and the opening match in munich on friday. the scottish funds that have already started getting in the mood and not more is going on behind the scenes. hosting the tournament is a massive security challenge with threats ranging from terrorism to hooligan finance. and the 4th a hospital on the secure was the preparations for your 2024. take off for the euros is just our way the action here has been in full swing for months. it's the
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security in the center for the tournaments, staffed by police officers from all 24 participating countries. post germany has tried to balance informing the public of potential threats without spoiling the excitements, easy to it's not a security situation as tents. this applies to cyber security, as well as, as long as terrorism in other areas. however, i can also say that there are currently no concrete indications of a threat and connection with the euro. but many germans still concerns. a recent survey indicates almost half the population fewer a possible attack during the urals security experts say the greatest potential threats is currently post by the lennox state offshoot. i s k p. the tara group is putting out propaganda like this one. calling for a tex on german football stadiums. the phoenix? no, i'm on the phone. the calls about the foundation specializes in counterterrorism measures . he says radicalized individuals may be the hardest for it to detroit. they can
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easily buy a light bathroom, for example, a nice but also a gum. and with that they can execute such an attack and it's very hard for security or forward to use to prevent that, but also to money towards the set you up to date. and that was the day you can follow my show on the social media at cdw news based headlines, of course, around the clock on the w dot com and the d. w. the
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to the point. strong opinions, clear positions, international perspective. many areas in eastern ukraine are in ruins, in the midst of the war presence of landscapes asking for financial aid and more weapons. germany pledges help load wants to avoid an escalation of the war. and to the point we ask between your and the parents and europe defend itself to the point taking next on the w 1. 1 small step for a robot vacuum, one joint leap before exploiting the ocean floor. but this time,
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a research team will study the possible risk 1st. in order to minimize them. we have an opportunity to to get it right before we even start. is this true major conservation, or omen green washing? deep sea creek. in 45 minutes on d, w, the data groups together by chance, and they route in the early ninety's on independence, free woman, and the mother of 10, in a strict patriarch. sylvia elaina assess team doors has been observing the lines of how the doors has ever since the
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wasted life. katia ended with his stuff. june 22nd on the w. destroyed cities, power plants and critical infrastructure. many areas an eastern ukraine are in ruins, and an end to the russian aggression is nowhere in sight. in the midst of the war, ukrainian presidents lot emerge. the landscapes lobbying for help to rebuild his country is asking germany for aid, but also for more weapons. german chancellor, or actually it's as promising further support but wants to avoid an escalation of the conflict. germany and nato however, must be ready to resist the work of things go wrong. on to the point we ask between fear empty tyrants can here up to defend itself. the.

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