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tv   The Day  Deutsche Welle  June 14, 2024 7:02am-7:31am CEST

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of russian money, this would be interest and profits on the proceeds of more than $290000000000.00 of russian assets seized by g 7 countries and the european union. now ukraine was use somebody to build that to buy weapons and rebuild damage infrastructure. but is it legal and who's on the hook for ukraine? bassett, by water and russian occupation defaults on the loan. unfilled guy of in this is the day, the water, all the things, the food into drugs, us from doing the dread sounds good off to these pros. and russian 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,
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but the shock this, we're not lead to anything good for the west. and we're unbalanced a financial system and creates a cataclysmic crisis. also on the day on and teen as new president have a 1000000 against what he wants. i shop to he's country in the way of a controversial economic over 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 guy thinks 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 leave. is of the 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 10 year bilateral security deals on the sidelines. if the summaries,
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it's a lot of the 2 countries to share intelligence and to continue to try and ukraine's 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. back in 2020 to 2 days after rushes, evasion, members of the g. 7. is your opinion 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 were not backing down. in fact, were 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.
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it's a viable step forward in providing sustainable support for ukraine in a winning these war. well, yes. ok. god is with the german marshal fund. think kind of in brussels is what focuses on trade and economic. he's also work the technician, ministry of defense, unfamiliar un 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 it as well. i mean, i don't know if i would go as far as dates on presidents it, 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?
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who would ukraine a pay back to and who takes the hit? if a ukraine crippled by will come to pay it back? well, the loan will be seemingly issued by a syndicate. uh, uh, different lenders, presumably a mixture of public and private banks from around the g 7. and if you know, i mean this is loan is always the 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 holder of the issue was all those loans would have to, uh, do i mean the ukraine but 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
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lo, the g 7 is very much putting their own money on the line to secure ukrainian victory . and doesn't move like this. open up the us and europe, particularly to reprisals wants to stop russia doing exactly the same seizing european property and other assets as 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 come are the such companies would already have written down the asset value of their russian operations to 0. that's certainly my opinion would be the proven 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,
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particularly firms in russia. but these countries are not a group of companies that i could feel sorry for. they knew the risk. so based on loan a site to be 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 and 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 be 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
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it be used for this particular $50000000000.00 pot once that been a mouthful, or what is the law clear? yes. except that the g 7 uh the, the sort of right a read off from the g 7 statement. 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 for 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,
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or perhaps vice versa. we don't know yet and watch stuff with the interest on these, these 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 or 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, noticeably germany, but also former colonial powers drugs. and it certainly will 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've 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's uh,
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you knows that 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 phone, vague, german marshal fun. it will stay with war and you try it 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. you don't lose . i mean, s c has visited the 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
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group. replicas that is troops here only teenagers. so i'm not even that old yet. 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. lena, that i took a junior sergeant and an air defense unit. it's the only adult here. she found that the program in 2015 was funding from donations grants and the local government after rusher launched its 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 accept today, you want to invest the maximum and bringing up this generation maximum because the future depends on the beautiful she always they correctly understand who they are. so you think that their citizens of ukraine, they're needed here, that they can develop the country and was what was the only them will there be
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a future here and like, what do you mean an ex mostly as a supervisor, as the older kids teach, the younger ones hard, military skills, like how to assemble a real kalashnikov, then they use wouldn't rivals 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 pour 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 una dang basic skills skills that will help me in 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
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group put him up. he hopes to take a different route, which is the name. so please to by you think you'd ever want to be a soldier to do much they would load. yeah. what's wrong 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 of industry, held conferences for youth groups across the country that involved 74000 young people, a 50. okay. and the subordinate when ukraine is a time of internal reflection on life and the one day's notice, i haven't. so rethinking the question of how to raise the children for to so that the citizens of an independent and white and capable country to show up on the other one is the last night on march 9th grade. and the after 2 hours of exercises
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spirits are high. but the walls are covered with sobering reminders of the more these young men are graduates of the programs of died on the front lines. several other graduates are still there 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 messages, 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 dw marina. and
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how does some of your studies will administer your tactics? like yourself view a story like this teenagers in the 12 year old learning how 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. unfortunately enough, but from the western perspective, it's certainly very desperate way of preparing your country for 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,
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i think it should give us all a moment to think about how our world is moving and where we are going. and russia at the moment appeased not 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. are they not a russian tactics involved for 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 bonnet says 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,
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they happened preparing their populations in terms of designing the information 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 guess is what i'm thinking is that there is an attempt to ensure that ukraine house 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
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will end, but whichever way it will and ukraine will need money for reconstructing the 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 the regarding of the political climate. and regarding of all the elections and the shifts that we have been seeing since that you're looking for elementary election that this aide to ukraine can was tend olds of turbulence. so so to say on 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,
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thank you for that. i will grateful as an military unless medina, amino from kings companies and thank you for having me the, the, to origin taylor where the senate has passed by the narrowest of margins. president have a 1000000 controversial economic reforms. the package aims to slash government spending and privatized public companies as part of the presidents of pledge to shock argentina's economy. and so if it's worse, crisis in 2 decades with the prospect of grunting him sweeping powers to slash social programs and, and other changes respond to huge demonstrations in the capital k of succeeds on the streets of 107 protest is clashed with police and set fire to cause opposition little make cause joining the protests of pepper sprayed and dragged
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away. like many of the demonstrations here. they see the new legislation can shrink . benefits like pensions. we can work his rights and save a big corporation that may have been on this low attacks or what 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. they believe the bill over extends the president's power. no, no, no, no, we can defend, he's not near old. he's waiting for us to set everything on fire. these man thinks he's an emperor. uh, that's why i say he's crazy. it's not like that. these guy thinks he owns everything that he can change everything. no, the rights outside congress reflect the divide on the inside,
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the bill of his deadlocked 36 to 36 until the vice president wrote the time. she said, you go to those 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 stern use at us and that to face the exercise of democracy and another argentina. thoughts as to why, cuz we're wasting was deep pain and sacrifice to the vote to be respected e saturday, b c o s. saturday. i say if the house approves the new modifications, military can claim his 1st. let's just have to victory since taking office in december. let's take a closer look at this read 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, man i is the guy who promised to during his presidential campaign to take
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a chain. so the public spending any actually brandished an actual change. so. so is this what people voted for? yes, see me and you're gonna see that being said, that's called deborah measures. and that sort of may find that in the context office check done the session i received $1230.00 and the way around for young berkeley, 5 percent off the beach. i mean, it is true that yesterday the web demonstration of the congress by the weekdays. and today, what people say, the payments. so what they buy stipends said if out of the country the, by the around he's measures is to industry to how bad is
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argentine is economy? would you say, well, i think the economy is, i say by today, and today we have a nice song and events. and we know that this 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 true that it's based on what was the problem to be. it's going down by the fight and we have an economy that's easy and not stop. so they tell him in the next, mom is b as in tom barry. and i need to
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okay, thank you for joining us tonight. 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 2025 and laser show up 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 noise going on behind the scenes hosting the tournament is a massive security challenge with threats ranging from terrorism to hooligan finance and forth a has more on the secure st. preparations for your 2024. kick off for the euros is
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just our way. the action here has been in full swing for months. it's the 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 are still concerns. a recent survey indicates almost half the population fewer a possible attack during the urals security expert, say the greatest potential threats is currently post by the islamic state of shoot i s k p. the tara group is putting out propaganda like this one. calling for a tex on job and football stadiums, the phoenix norma from the color of the other no foundation specializes in
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counterterrorism measures. he says radicalized individuals may be the hardest for it to detroit. they can 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 tamani towards the set you up to date. and that was the day you can follow my show on the social media at cdw news basis headlines, of course, around the clock on the w dot com and the d. w. the
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view will tell you who we are happy that we are boxing the story. we have a getting a visa is more difficult than finding gold hosted to use the dream force and for the future in the stories industries that are being discussed across the country. news africa. next on d, w to enter the conflicts own. a searching support for fall right?
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cost is in the european elections ascend, tramos across the continent. my guess is right here, sounds drug costs the outgoing member of the european parliament in president macros when they saw how risky is macros. decision to coal, small collections in front, part of staff, in this conflict in 60 minutes on dw, the, the coming 0, same 6 o 3 trans people have a stories offline. i didn't say she didn't know flu napartine. let's say you into here language english kind items are feed us complex doors to have 5 each kind of main district supplies and she does pull bundled. so that's
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$0.10. so the silver chip, no, because our insurance is only 4 to technical turns 3 generations. one, jenny starts july 7th on d, w. this is dw news africa coming up on the program and organized a systematic and serious attack on human dignity. the warning from the international criminal court about the violence in sudan as a threat to civilians grows in the country. the icy seas chief prosecute it sounds the alarm and arise in atrocities and the wealth forgotten war. we discussed the concerns also coming up a month after the devastating floods in can you find out why thousands of affected people are still struggling to pick up the pieces of the mothers providing
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hope for pre term babies in uganda through breast milk dental.

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