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tv   Business - News  Deutsche Welle  April 27, 2018 7:15pm-7:31pm CEST

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korean potential and they insisted they did not want to repeat the mistakes of the past. an extraordinary moment in korean history after decades of hostilities and the threat of a nuclear confrontation a new era of peace is declared on the peninsula. moments before the leaders signed a historic declaration which aims to end the longstanding conflict key points includes replacing the armistice with an official peace treaty plans to denuclearize the peninsula the reunification of separated families and a follow up summit in the north this autumn after the signing ceremony in the piece south korea's president made the historic
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announcement. are you solemnly declare together or by will be no more war on the korean peninsula. age of peace has begun for years. with his sister in attendance north korean leader kim jong un addressed the audience. oh mother for warning sign a long face to face home for me to realize that north and south korea just neighbors who live separately but rather a family. we who live so close boy are not enemies we must fight against each other . all the farmers who share the same blood line who must you know right. even though. it was a day rich with symbolism and surprises this was the moment came stepped over the border to the side in the demilitarized zone he's the first north korean leader to set fish in the sights since nine hundred fifty three in
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a show of unity men returned the favor by crossing briefly to the north with kim. after planting a peace treaty on the demarcation line maine and kim held private talks on this fifth bridge the same color as the unified korean flag used in sporting events. their spouses were introduced before the banquet where they dined on cold noodles a speciality from the north despite the grain breaking meeting a history of failed peace attempts has some critics wary of the north's commitment the next day a meeting between kim jong il and us president donald trump is planned for may or june. so what has today's ceremony achieved beyond warm words photo opportunities
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and headlines how this must lead as director of research at the graduate school of east asian studies here and welcome to g.w. we saw the declarations in the report has anything of substance been achieved today absolutely they put their pledges into writing this was the necessary condition for bringing about a peace process so they showed the world on it with this document their sincerity regarding their wish their will to to improve the situation denuclearization of course is one of the big prizes that was held up as a pledge by south korea's president in his statement whereas kim jong un in his statement afterwards didn't mention it both sides really on the same page i would definitely say so literally i mean they put it on the same page and they signed it that he didn't mention it in his speech i think we don't have to overrated the
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important thing is that kim jong un himself he knows that there is no other way than denuclearization and he said that a couple of times in recent other meetings so he's it's only the question when how and who would implement these pledges including the. denuclearization of one point of time it's the devil as ever will be in the detail because you said that kim jong il and believes that there is no other way and yet for the last year he has done nothing but a build up these arms test these arms and move in that direction so what changed his mind. he is was back then he was at a situation where he was able to develop his nuclear arsenal to an extent that he was should that they are strong enough to bargain from now on because north korea is recently developing economic wise very well and they want to continue this because they have a middle class developing smoothly and they want to continue this and this doesn't
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work with the sanctions being pressured on them and that made the move so having spent. massive amounts of financial and political capital in developing. this nuclear program he's now go to give it up just like that he will and that's a very simple calculation because in the long run this will will not pay out the state of division is much more costly than a unification maybe unification will be in the short term calculation very expensive but in the long run and that's the same for south korea and that's the calculation he's doing and he knows he cannot continue this bargaining game with its nuclear weapons for ever so south korea during well economically what does it gain from this from this rapprochement well as i said for them it is also important that they end the state of war and replaces with with with a peace agreement because also for them the military expenditures
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a very high and also social costs the polarization within the south korean society is very high compared to a unified korea so they are highly interested in having a peace is that's interesting because if you look at it in terms of mr costa south korea says ok we don't spend all this money on weapons. looking out for our neighbors they stop doing that for united states looks is going to look at that somewhat askance regardless of what will or will not happen in this meeting but also will or will not happen between donald trump and kim jong un well yes of course the united states also have different interests here in this matter but now that's why it is so important that we have a south korean president who is very much interested and willing to mediate between these two parties in order to to bring also to make this very successful the summit with the united states which is crucial for beginning a long term peace process peace process from both ends graduate school of
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a station not a status thank you so much thank you. u.s. president donald trump has welcomed the announcement from the into korean summits he's comments came as he hosted the u.s. winter olympics team of the white house on the occasion of this week's meeting between president moon and kim jong un i want to express my hope that all of the people of korea north korea and south can someday live in harmony prosperity and peace and it looks like it could happen when i began people were saying that was in a possibility he said there were two alternatives let them have what they have or go to war and now we have a much better alternative than anybody thought even possible and let's take a look at some of the other stories making news around the world at least seven students have been killed and twelve others injured in
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a stabbing attack in northern china officials say a man will bring a knife attack the students outside a second to school in the mid see county in shanxi province police have taken suspect into custody. in south africa seven people were killed when a train struck a vehicle that's a railway crossing in capetown authorities are investigating the cause of the collision which happened on the same in the same place as a similar accident eight years ago in which ten children were killed. prince william and his wife kate have named the newborn son louis charles his role highness prince and do we have cambridge was born on monday morning and he's the couple's first child and fifth in line to the british throne. aba out there ordered two new songs first a new material from a swedish group thirty five years so some sound the sounds from the domes culture
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desk is here with more on that surprise announcement to welcome a service and so this is big our fans take in the news oh i mean i think it's exciting the fans think it's exciting i indeed think it's super trouper. what we know so far is that it will be releasing not one but two singles later this year they have announced it on instagram earlier today and in actual fact they almost made it look like an afterthought house or well they had announced an avatar tour about two years ago you can imagine as like a virtual experience of swedish pop music if you like featuring but the way they looked in one thousand nine hundred ninety nine and it seems that while they were busy preparing this tour and organizing it for twenty nineteen twenty twenty right about that time they felt the urge to record more music that would appear and here's what they said on instagram about that earlier today we for felt all that after some thirty five years it could be fun to join forces again and go into the
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recording studio and so we did and so they did let's take a look at some of their highlights. in nine hundred seventy four waterloo catapulted the swedish group to international fame almost overnight. age studio albums and around thirty smash hits followed benny andersson the owner vs wrote most of them together in the studio to stockholm. it was. something that we wanted to make the record. we spend a lot of time making them sound great as we thought great. ninety's empty suit
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benny andersson and his girlfriend and the fridge being stirred teamed up with fiona in vegas and his partner need to go to school to form. the world when the two relationships broke up so did. the back and cease to exist in nineteen and she chose. the boy screamed over union cuts when reignited when in twenty sixteen the full members appeared on stage and sang at an invitation only event. now that they have reunited in the studio the big question is whether they would also perform together. so fans across the world are clearly excited i'm excited i saw people dancing
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around the newsroom earlier today now that was made are you excited on the inside. keep it just. but if you do want to know we will have to wait a little while till we know more about this new music these new tracks they will be presented in december during a t.v. special which is coordinated between the b.b.c. and b c in the us and yeah that's when we will see the avatar versions of abba as well singing those songs whether we see agnetha benny bjorn and unafraid on stage again live who knows he said i remember those costumes from the first time around and i don't remember them being quite as bad as that why do you think it remains so popular not just to old as it's to be almost as well oh it's virtually impossible to not know them to not like them in tracks like waterloo dancing queen i don't know one of us she could be tied to just keep coming you know that you cannot not know this music and i mean i cannot claim to be part of generation album if you
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like but even i am aware of their brand identity this whole ethos that they have kind of really kept for years for the fact that the album sound is so universally appealing timeless you might be more say still relevant they were all those grades ahead of mitt imitated but never duplicated the music might be cheesy at times but come on a line like you know the winner takes it all the loser has to fall that's who i mean that's poetry for the masses but there's nothing wrong with that another fact you need to take into consideration is the fact that they're really really good at marketing they haven't recorded a thing in thirty five years yet they've managed to stay in the news reinvent themselves regurgitate that old music over and over again and they're like there's a mamma mia musical franchise which is now having a film sequel there's a museum in stockholm where you can see the awards their instruments their bell bottom pants if you like i mean there's also this whole history like you know what
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they divorces and their marriages i mean it's messy but life is messy it's ugly and people like that it's not clear you do. it yes well generation. take it or leave it. in the sands and from a culture that's going to remove. this is state of leaders life from brother and still to come writing about migration our parents first african literature festival but if you're just taking part of their own stories of displacement and exile to the rajah's will join us in the studio. and the germany's chancellor is in the united states for talks with president trump think iran nuclear deal about his military spending about six years on the table will be going up live to the press conference in washington d.c. concludes. get your business update on from one of the jobs thank you very much phil. traits is expected to be
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a major focus of medical and donald trump talks but can the combined efforts and i was just thinking that i'm sorry but that was something that we hadn't planned at this point we want to talk about greece at this point thank you very much we want to talk about the finance ministers of the eurozone that have been meeting in the bulgarian capital sofia with greek a dead high on the agenda as you can imagine though some countries want to relieve greece off at least parts of its debt while others insist on full payback and germany being the most vocal. it's the beginning of a new era as greece prepares to wave goodbye to bailouts arriving for talks with of eurozone counterparts from the both kerry and capitals of fear germany's finance minister appeared upbeat through or does include this process today the outlook on greece is far.

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