i think. this is you know we news line from berlin a united front from germany's would be a new government ongoing miracles conservatives announce their deals of forming a new coalition with the social democrats it's a breakthrough after months of uncertainty in germany but what caused. the. way iraq thanks for your company everyone well after marathon talks germany's

biggest political parties have announced an agreement to form a coalition government just anglo-american will help the deal her conservatives struck with the social democrats as the basis for good governments while social democrat leader martin schultz said the pact would bring fundamental change for both germany and europe. all right well let's hear what chancellor merkel said the breakthrough means for germany. if i knew you would fund google and google as i know millions of citizens have been scrutinizing the negotiations. yes they have actually justifiable requirements of us. first films and even government and second to remember the needs and the desires of the people. until collision with the officer this is dimension i am convinced remains both parties reached can do just that the the foundation of the good and stable government that our country

needs and the world expects of us all the support we had a strong influence on the agreement that we're thankful that some compromises that were hard to get by the union parties could eventually find agreement we're doing politics for the workers of this country we want permanent employment contracts to be the norm again. the practice of giving out temporary contracts for no good reason will be strictly limited we've made sure there will be more equality in the health care system. that the solidarity tax will be abolished for employees with low and medium incomes. these things will make life easier for many people right away. you are right walter full of course want to miller crane is standing by in the site they want to stock and barrel and she has been tracking covering and reporting on these talks since the very beginning so who better to ask than you melinda is everybody breathing a sigh of relief. i think at the moment there relief

it's there but in fact there's still quite a bit of work to be done the politicians left the c.d.u. headquarters just about half an hour ago where we have been reporting on the statements that they made and they have now all come over here to the bundestag where they are informing their parliamentary groups about the content of the coalition agreement for those who weren't part of the negotiations and also about the division of responsibility in terms of the ministries and we've just been hearing now from the head of the christian democratic parliamentary group that's. conservatives and he said he is very very satisfied with this coalition agreement which is interesting since in fact the c.d.u. has lost a crucial ministry but he said he had a few interesting points to make first of all on competition with asian nations he said that while germany remains one of the world's strongest economies it

definitely lags behind in critical areas like digitalisation and he said that this coalition agreement will close that gap by essentially greatly modernizing both germany's digital infrastructure and education skills in the digital area and then he also talked about european union policy and he said finally we are ready to give an answer to emmanuel mccaw the french president who has put proposals for significant e.u. reforms on the table he said we are now we stand ready to steer change in europe. a level with emmanuelle macaw so to pick points that he picked out in explaining why he is satisfied and why he thinks this coalition agreement represents real movement it's interesting because his party is the party that was in power in the last government and yet to hear him talk you would think they have. just recently

come to power and have big plans in store for for turning things around all right well let's continue talking about the s.p.d. because they drove a hard bargain there controlling the purse strings and the mean spending ministry work on social affairs is everybody happy about that at the c.d.u. well you could see. perhaps grit her teeth a little bit when she was asked about the division of responsibility in the ministries as mentioned the c.d.u. has lost the finance ministry that was a source of great power and as she put it the former finance minister both conk choice essentially became identified with that ministry it will give the social democrats significantly more clout not only in terms of domestic spending and by the way this coalition agreement the budget that they have sent for expenditure sixty four billion euros is one of the most expensive coalition budgets

ever so they will have significantly more clout going forward the social democrats but not only domestically also on the level of europe the fact that they now control both the foreign ministry and the finance ministry means that they will have the power of the purse strings when it comes to european union reform and that is very significant indeed so a good day for the social democrats they definitely come out here with some very real gains our idea of us chief political correspondent will in that crane thank you for your continued coverage will check in with you a little later. all right we've got lots more to discuss with that we have political scientist spend your crush is with the humboldt university in berlin and joins me now on the set a very good evening miss krauss chance i'm going back well now within striking distance of that coalition government but the deal is still contingent on s.p.d.

members giving it their blessing can you explain to an international audience watching us right now how it is that europe's largest economy the fate of germany is in the hands of members of one party well yes actually that's a controversy also in germany right because. the citizens already voted and now in the s.p.d. members sort of get to vote again and obviously there are some problems that come with that but the leadership decided to do so and then so we will have to wait and also europe will have to wait for for the final results all right so what's the sense that you're getting talking to your colleagues to analysts will they give it a thumbs up or thumbs down. it's really critical i think so i'm not sure my colleagues are really sure so in the last referendum it was rather clear i think we had seventy five to eighty percent in favor of the coalition agreement but this time it's really controversy even. especially within the membership of the s.p.d.

so we'll have to see all right so why are people within the s.p.d. or members i should say of the s.p.d. some of them are reluctant to endorse this deal being a junior coalition partner with merkel as chancellor hasn't been the best to be like in four for all parties of this deeply as well in the last couple years so the members definitely fear voting or is a vote lost as in the upcoming elections but morris importantly they fear that the social democratic character of the party will suffer by entering another coalition . with the conservatives so they would rather see the s.p.d. be the opposition yes but i mean that's not really an option right now right so aside from the coalition we only have minority government or new elections but the conservatives don't want a minority government and a new election for for this video because they are only two points ahead of. right

now so this will be a very very bad for for germany also not for the social i'm going to talk of saved you know little letters well with your way from me but first i want to get your take on this coalition deal what do you make of it i think it's a very good coalition agreement also it has very important points include have especially with regard to digitalisation education also health care and employment conditions so i think it will be very beneficial for many people here in germany if this coalition agreement will actually be accepted by the members all right well let's talk about shoals he's giving up the leadership of the year s p d two under your knowledge i'd like to get your take on her but first i suggest we get to know we're a little better. it was during the preliminary talks but andriano this most of. the next months are nuts mind. that it didn't stop her from giving the

would be called decision points from the conservative party is a good telling off of the information about the negotiations are to be leaked. so i guess it was very annoying that some results have been made public by someone. under your knowledge as the leader of the s.p.d.m. piece of the buddhist talk and she has a reputation for being outspoken some say it was her speech at the social democrats party conference that secured the votes needed for starting kodesh in talks with a conservative bloke. we're going to negotiate and get some more good results that's why voting yes today is worth it. thank the nice and weeks two of the s.p.d. women also came into the focus off the german public first model diana although handicapped by multiple sclerosis she's deputy party leader and state premier of random palatinate and. also deputy leader and state premier from mecklenburg

western pomerania all three women have had very different careers within the s.p.d. and they are now and it started off more than twenty years ago within the s.p.d. himself and his asian young socialists she became their leader in one nine hundred ninety five back then she was a student of political science and told george of that in one of her first interviews that she didn't plan a political career. choppin it for you but i don't want to stay in politics for the rest of my life so after being chair i want to look for a real job and for that i need a good degree of whose. knowledge finished his studies four years later that has stayed within the ranks of the s.p.d. ever since is a party official like latest labor minister one of achievements is germany's new minimum wage law she's very popular among the party membership but not with the german public quite the opposite is true of money. party career started

considerably late trains revenue commissioner joined the party in two thousand and three and has risen through the ranks very quickly in two thousand and thirteen she became federal minister for family affairs and pushed through several gender equality bills. model tyo is the last s.p.d. politician who managed to win an important election that was in two thousand and sixteen many see as having high potential within the s.p.d. she first opposed the grand coalition but at the party conference she called for renewable of the party with the government. this is really new it's up to us it can only come from within. martin show it still is the leader of the social democrats but without a strong women behind him there wouldn't be much left to lead. our right to miss cross the smallest so the obvious choice definitely specially as

a party leader i think she is she's sort of perfect for that especially in the governmental arena our even in the international arena she sometimes seems a bit too passionate and so i think the position as a party leader would really center all right now well let's talk about the city you anybody there being groomed to take over from chancellor angela merkel in the near future i don't see a really long. term solution in the future i mean there's the spawn who might be an option in four or five years. but right now following merkel there's been a long term solution on the screen sort of maybe it was a left on the line or they come but only thought of as a mid-term solution short term solution so what may be we'll have in spawn in i don't know eight to ten years or something no shortage of women leaders though in germany that they should be ok to spend your crowd with with the humboldt university in berlin we thank you so much for spending time with us so much more

we'd like to discuss but we're trying to do that in our next vote and thank you so quit this new coalition spell the end of austerity in a europe which you think breath i don't know it's out with the old finance minister for gun show in with the new he was revered at home he loved to preach was thirty to the southern europeans they hated him for it but hey greece is back on international markets they spain has recovered and the next german finance minister could well be look here is this man here he's from the social democrats and could soften the hospice of those stary any change would be my old business executives will struggle to convince shoulders to adopt new corporate tax cuts modeled on those passed in the united states which is triggered a flood of investment the new coalition appears to favor tax breaks for middle income earners a loss corporate tax overhaul here though for corporations was a decade ago is this the asian of german chambers of commerce and industry praises

the coalition pact for investing in digital education and broadband but is stinging criticism from other groups that nothing much is going to change under another grand coalition. v.d.m. a engineering association calls the deal lackluster we've got a managing director board on with us to go where is the vision. there is lacking vision indeed we were hoping to have a coalition that looks into where germany and europe stands at two thousand and twenty two and twenty five and this is completely lacking it's like continuing the last four years with spending more money on social gifts and. innovation and investment where will germany stand do you think with the us cutting corporate taxes and german companies really buttering up mr trump by

sort of doing it it doubles the world economic forum they are giving him one deal after the next because his company his country is open to business. whether we like it or not mr trump has of course opened tax competition worldwide tax competition by having his tax reform. europe and also germany have to take this into account what this coalition does not do is to increase any tax that's something that's also not sure before an election. of course we do not see any attempts now and the possibility to talk about a real tax reform a structural one and one that goes with the figures so that is of course one of the problematic points that you know i want to talk about cutting taxes what about income taxes for example state coffers the. there

is no increase of income tax only very very little to reduce taxes in germany for the time being small things like what we call in germany is only. going down but not for everybody only for people with lower income the not us so there's not much development in here we are really lacking a reform that goes into the structure and helps companies one thing that is of course a real pity the competition is rising and what we can do to be the number one position in x. sports for the time being would be of course more innovation and more innovation asks for. tax credits for research and this might come but only to a very small extent not helping for the whole problem a small extent but the association of german chambers of commerce and industry had

quite a lot of praise for this coalition treaty saying that the pact did include investments in broadband expanding broadband and also digital education. yes for the infrastructure in digitization there is something in this contract but unfortunately last very long till this is in place they are talking about finalizing the good of it and that for companies in germany by two thousand and twenty five which is even beyond the legislation that is has been elected now so that takes a long long time and we would have been very glad if this room. in the next coming two or three years ok said not enough and not quick enough that's the judgment from portman managing director of the b d m a on that coalition back. modest falls on wall street as the new york stock exchange opened this wednesday investor sentiment looking fairly flat at first following

a series of massive swings over the past few days some central banks could raise interest rates more aggressively and spot the volatility and its spread around the world right now the dow jones industrial average has managed to get its act together and gain one percent. europe is putting on a brave face equities recovering by about one percent asia generally soar and upswing to extreme volatility continues for bitcoin it's back up around fifteen percent today after yesterday's big bowls but it still well down on the cryptocurrency highs of close to twenty thousand u.s. dollars and that was just weeks ago more and more countries are talking about bans all restrictions iceland is a little more welcoming at the edge of the arctic the cool climate persists year round that might not be great for visitors but it's an advantage for the cryptocurrency industry which is flocking to iceland an ever larger numbers iceland's cold winds help keep computers cool thousands of computers with powerful

graphics cards are needed to create cryptocurrency on an industrial scale those computers need constant cooling to prevent overheating. some data centers such as this one in keflavik only have partial walls on each side allowing a cold draft to enter. basically all the ingredients minus all the high performance computing companies require the abundance of green electricity it has the cold climate. located in a fairly secure location keflavik farms are powered with electricity from a nearby geothermal energy plant it's one hundred percent green like all the country's power bonus for industry facing criticism for its electricity consumption and environmental impact. less than forty u.s. dollars per megawatt hour iceland's energy is also comparable cheap in china prices

are more than twice as high an estimated fifty megawatts are currently being used for mining bitcoin and other crypto currencies in iceland that equals about half of what the countries people use to power their homes the industry is expected to double its usage this year it faces resistance critics still fear the environmental impact and demand regulations and taxes but in the moment as countries like china and south korea increase the pressure on crypto currencies cold iceland represents a warm welcome back that labor with fresh blood for taiwan have been. a new earthquake has hit the country's east coast after a string of tremors in recent days well this one measured five point seven on the richter scale and came as rescuers were working to find survivors from a quake on tuesday that one killed at least seven people and injured hundreds more bringing down buildings and trapping people inside. this building is still standing

. but the lower floors are crushed beneath its weight firefighters look for a way in to find survivors. the quake hit while in city on taiwan's east coast shortly before midnight tuesday it left several buildings listing dangerously and near collapse including a military hospital and this hotel where an overnight worker was rescued from inside believe there was any main working the night shift i don't know what happened to the people upstairs so these are the causes of. his son and grandson arrived overjoyed to find him alive. just enough to kind on us he says the rescue workers later pulled his coworker from the rubble seeming eight on her. good to see that they don't have dozens of others are still missing. it's an

agonizing wait for those outside who. was in the house with it the whole time the younger brother in our family. we believe we know two people inside this one is my older brother. and the other is his colleague he says well you said confusion they've used equipment and detected signs of life and now the rescuers are trying to dig further down to look for them and with all that's the situation for now in terms. of his brother was tragically one of the fatalities. engineers and firefighters have propped up toppled buildings so rescuers are not themselves trapped in another collapse there have been several earthquakes in taiwan since sunday as well as aftershocks the island sits directly on the pacific ring of fire the u.n. warned recently that the ring is active right now. and that another deadly quake

could come soon. now to some of the other stories making news around the world. in the mall deaves the supreme court has reversed a ruling ordering the release of several imprisoned opposition leaders prisons of delay in maine says they're involved in a plot to overthrow the government is defending the jailing of the judges and his political opponents them all deeds were plunged into political crisis after the supreme court ordered the release of the politicians. u.s. vice president mike pence has announced new sanctions against north you know he could be meeting with job anees prime minister shinzo abbay in tokyo has said filby quote the toughest and most aggressive measures yet in response to the north's failure to abandon its nuclear weapons program. like the vice president of the european parliament china ski has been ousted from his position and he's

voted by a large majority in favor of removing sure netsky after he sparked outrage by comparing a fellow polish m.e.p. to a nazi collaborator. now it was a chance for a david versus goliath ending as munich visit third division potter born the last time the teams met it was in the bundesliga in two thousand and fifteen while back then by in one six nail and they were eager to let history repeat itself. there were no surprises in the david versus goliath clash vaunted have the ball in the net first but sebastian show was ruled offside after twenty minutes by an assert their authority confusion in the box and kings the command took advantage one nil brian. come on turn provide a five minutes later robert leaven dusty with the finishing touch sunil. the bavarians were able to take their foot off the gas but that didn't stop the

goal vest just short kimmage with an awesome cool finish the game already decided at the half time whistle after the break an unmarked car in santa lee so not enough for a simple training drill for the guests. in the dying minutes there was still time for you and robin to score a brace six nil the final score. why and progressing to the semifinals with the us . are at a north korean orchestra has arrived in south korea ahead of the chuang winter olympics one hundred forty performers disembarked from the ferry at the south korean port of move go on wednesday taking advantage of a rare sanctions exemption it's the first time in sixteen years that they are visiting the country they will perform in pyongyang on thursday as well as seoul on sunday while the two koreas will march under a unified flag at the opening of the games and also field

a combined women's ice hockey team. all right before i let you go and remind you of our main headline right now germany's of biggest political parties have announced an agreement to form a coalition government just anglo-american called the deal her conservative struck with the social democrats a foundation for good government while social democrat leader martin schultz said the pact would bring fundamental change for both. her body and europe as parties rank and file still have to ratify the agreement extending the country's wait for a new government by another few weeks. all right thank you so much for watching i'll play along her rock n roll and on behalf of all of us here thanks for spending this part of your day with us the news continues at the top of the hour.

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into the conflict zone confronting the powerful this week on conflict zone i miss them both to talk to rob zuckerberg should plaistow took his ruling fall to be a key piece she speaks for a call to young shouldn't the government pursues military operations in syria and continues to crack down on civil liberties churches principles. in sixty minutes. the scars on. the pain still tangible. the suffering for god. the former city edge but. they have survived but do they also have a future. i really understand people who say they do want to stay here.

but i also admire people who want to stay here and who decided to create something new in peace time what needs to happen if tolerance and reconciliation are to stand a chance darkness cities after more starting march tenth on t.w. . when i was a kid living in suburban astray get back in the eighty's our neighbor had a hot pink v.w. beetle.