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tv   DW News - News  Deutsche Welle  August 20, 2018 10:00pm-10:31pm CEST

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this is. from berlin tonight hyper inflation crippling of its way money can't even buy it take it out of the country in its way limbs are trying to flee as the economic chaos grows and the government watches a new currency neighboring countries are securing their borders telling venezuelans to stay home also coming up in a letter to all catholics pope francis asked for forgiveness in the ever expanding child abuse scandals however the point of mentioning nothing about holding those
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clergy still in power accountable. and tearful reunions for north and south koreans families in greece loved ones not seen in decades many thought that this day would never come. plus an economic milestone for greece as it emerges from its final. athens when they'll be able to borrow money on financial markets for the first time in eight years it follows years of crushing all staring as the country tried to cut its debt. by brink off it's good to have you with us we begin tonight in venezuela a country in the grip of an economic meltdown as its citizens try to flee the chaos venezuela's neighbors are rushing to close their borders in the hope of resorting some stability. president nicolas maduro has launched
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a new currency five zero been knocked off the beleaguered bowl of our currency as hyperinflation heads for one million percent a year and what is this doing to the money that people have in their pockets will take a look at this this pile of old bowl of ours that you see here today will buy you only one chicken likewise this is how much a few tomatoes currently cost in venezuela of course that's changing by the hour and when it cost this much paper money to buy just one roll of toilet paper a lot of people are saying why bother to buy the roll of all but it's are fleeing the economic crisis in droves but neighboring countries colombia ecuador peru and chile are not opening their doors and they state in brazil has asked the supreme court to halt the entry of migrants. i mean i guess
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a lot has been dragging his suitcase along kilo meant as of highway she is fleeing desperation and economic hardship back home in venezuela crossing into ecuador on foot as an undocumented migrant. we spent all night by the border the authorities told us to be patient they said they would guess not so in the morning but there was no response they just told us to head to venezuela especially that you know we don't want more venezuelans here. off to ecuador and post new entry restrictions on saturday i mean have friends felt that they had no choice but to cross illegally while they press on thousands of stranded at the checkpoints hungry and cold fearful of being sent back to their home we have arrived here and we have no hope whatsoever being able to pass through my husband is deaf special. my family is also desperate in venezuela we just want to help our families i have two children i sold my house i have nothing now. i can't go back to venezuela with nothing no i see and
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the unprecedented exodus of desperate men as a way in and it's increasingly over obama in neighboring countries colombia and brazil tighten border controls and he had this year now ecuador and peru a fundamental suit. tensions along the borders are rising over the weekend presidents in the border town of god i'm up tandem in israel and migrants forcing hundreds of newcomers to flee back across the frontier across the region the growing influx of venezuelans as stoking animosity against the migrants and has been building he is despite that and at the risk of being turned away i lean and have friends still have that i sent on peru. joining is annoying for me venezuelan capital caracas is journalist oscar shrinker oscar is good to see you we just heard venezuela's neighbors are closing their borders and its whalen's are facing travel restrictions what options are left for people who are trying to escape
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while they're living in israel and stay is not an option besides the food and medicine shortages there is an energy crisis that has left several cities without electricity or running water for days the economic crisis but prices through the roof and the high price has made many areas a war zone for regular citizens so there are always options for my parents despite having war obstacles and in the past couple of years we have seen millions of us or so relentlessly sling the country may have risked their lives and then died tragically each chorus out in a room on ships so giving up the sport is still a better option for someone who wants to migrate from the us world and didn't wear his new currency called the sovereign hole of our it's being rolled out and that has to be a massive operation is this going to be the silver bullet that will help stabilize the economy. well it certainly is a massive operation a noodle declared today
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a national holiday in order to give banks and businesses a chance to adapt their systems to the new currency but many economists are predicting this will actually worsen the economic crisis it does give the government more political and social control over people by hurting the private sector there are fears of companies closing and increasing unemployment and inflation to levels we have never seen i have not has predicted a one million percent inflation this year well some analysts are projecting forty four million percent inflation with these new measures the side struggling five zero is off the boom but by the result of the increase in taxes and gas prices and minimum wage will also be increased thirty five times the curve value equivalent to have a bad throw now the better it will be the basis for all currency transactions somebody swear it was supposed to be the first crypto currency issued by a government but in reality it's a token that works on ned's blotching plaskett has been banned by many countries so
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it's not starting out great for the better i'm going to split up that many people are already trading and buying things with crypto currency and it's amazing that despite the recent fall and values bitcoin and gas are still stronger than the believe are and that's what i covered in this next report. this cafe in the venezuelan capital caracas doesn't accept cash neither does this bar what they do take is cryptocurrency it's a response to the country's out of control inflation which has left ordinary venezuelans in a desperate situation. you know they never been there with a lot of that money with that cash venezuelans can either emigres or they can look for alternatives one of these alternatives if you think of to currency the money that entrepreneurs like mario. believe daily life in venezuela can only continue if people are offered a range of payment options at
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a kiosk customers can use dash them as well as most popular cryptocurrency to pay for their coffee and snacks the rise of crypto currencies has not escaped the attention of venezuela's government as part of its plan to tackle the country's economic crisis it's launched a new currency it will be tied to the petro a crypto currency that's been banned by the united states the petro is valued at around sixty dollars roughly equivalent to a barrel of oil but some digital currency experts like robert appear skeptical. just like every other crypto currency depends on people's confidence and it if people don't trust their currency it's not much use to them because nobody will accept it. one reason that dash has taken off in venezuela is that it enables transactions to be completed quickly with inflation rising at an extraordinary rate an increasing number of companies in the country have embraced
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the digital currency but economists are warning that crypto currencies won't put the brakes on hyper inflation and say they offer no more than a practical payment option and they're answering him on the can we have nothing no these days because to currencies are widespread and it's a good thing if there's a government body specialized in them then the public authorities need to work with society to stop this law its rules and guidelines that will benefit the economy i mean that we have to take a proactive approach to create a currency is that that asset had when also on c s i look at the money. analysts believe venezuela's in place and right could hit one million percent by the end of the year action is therefore desperately needed but as long as the petro isn't accepted on international markets the prospects of a new currency tied to it don't appear to mosey either. there we see right there perception matters a lot we're talking about currencies monetary policies it also matters in politics we understand the opposition in the country is calling for nationwide strikes in
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protest tomorrow tuesday over economic reforms what will they be able to get people out on the streets. well that's the expectation and we've seen an increase in protests this year even bigger protests than in two thousand and fourteen and last year but they were all open to protest against the lack of services and different other issues not politically. inclined now tomorrow the opposition is planning on having a special extraordinary session of parliament to discuss these new these new measures bad political parties are calling for strikes and protests so we have we might be seeing more of that in the coming weeks right oscar actually reporting tonight from caracas oscar think of pope francis has written a letter asking all catholics for forgiveness as the number of child abuse cases
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involving priests grows his letter follows a far reaching us report that film three hundred clergy members had sexually abused at least one thousand children over seven decades while others turned a blind eye referring to what he called atrocities perpetrated by the clergy the pope said that the church must acknowledge the errors the crimes and wounds caused in the past he admitted the pain of these victims was long ignored kept quiet or silence and he promised that no effort would be spared to prevent such situations and their coverup. we're joined by martin gak he's our religious affairs correspondent martin it's good to see you again i want to talk about what was not in that letter. you know we expected to hear the pope say that what has happened is terrible and we don't want it to happen again but there was nothing said about those responsible for these atrocities and bringing them to justice
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indeed there is snow clear sense from this letter and. other than sort of talking about penance fust thing and cetera et cetera the things that we usually hear from the vatican there was anything concrete really even by way of policy that would actually bring about what has been no trumpeted for sixteen years ciro zero tolerance we've been hearing a lot about zero tolerance for a very long time this has clearly not materialize and this letter that's not falling in any evident way in any of their direction this of course could change when the pope goes to ireland but it's off right now littered self-esteem show that way and why what do you write the letter is he under pressure or is this a strategic move by the noise i think i think he was honestly forward into this position which he actually had to say something there are a couple of things that happened in the last few days one of them is that world.
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the cardinal who is a seated with it's with the pittsburgh. brienne who was actually and who was actually involved in the reporter mentioned the report was ford was supposed to take note speaker narron and then was ford's essentially to step down going at the very same time in chile and prosecutor has no really pushed the vatican to turn documents concerning sexual abuse in chile so i think that it's a bit of a perfect storm at the very same time though the letter is slightly there really in relation to. what we would call the church middle management when the litter called clerical leads them there is no concrete offer there is no concrete policy position that we can distill from it and so the message here is that the pope is telling the world we're sorry what happened is terrible but those who committed these terrible things unless there's further notice we'll get away with it well the letter
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really pushes very hard on the idea that this should never happen again and that these people should not escape punishment rather it's not clear what that punishment would be i think that the bigger issue however is that you know one of the scandals is most certainly the sexual abuse and i think that this is something which anybody that looks at the story can immediately agree the bigger question the one that the pennsylvania pennsylvania grand jury brings out it's a question of a cover up i mean what the pennsylvania jury shows is that the church as an institution operated along the lines of a criminal institution not only protecting these people but actually moving them around and permitting them to continue abusing minors and it's been talked about for now a very very long time i mean at least since this pope came into into office six years ago you know communities have been brought together experts have been brought together no policy on the table as of yet in the scandals continue to be
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discovered martin gakkai religious affairs correspondent as always thank you a pleasure. and here's some of the other stories now that are making headlines around the world spanish special forces have raided the home of a man who tried to assault police near barcelona authorities say the man demanded to be let into a locked police station then one shot at officers inside with a knife before being shot dead investigators are treating the incident as a terrorist attack pakistan's new foreign minister has called for a quote uninterrupted continuous dialogue with india speaking after he was sworn in shah mehmood qureshi said that it was important for the two countries to talk to each other relations between pakistan and india have been tense ever since independence from britain in one thousand nine hundred seventy particularly over the divided territory of kashmir the water levels in the southern indian state of corolla are receding after nearly two weeks of catastrophic flooding at least three
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hundred fifty people have died after heavy rains calls the worst flooding in the state in a century more than three quarters of a million people are in relief camps officials are now worried about an lp break of disease we're now emotional reunions over were separated families in korea dozens of elderly south koreans are in north korea tonight for a long awaited reunions with family members the tearful me dumps rejoin relatives who were divided after the korean war nearly seven decades ago the reunions were approved by the leaders of the two koreas at a historic summit in april part of a recent thaw in relations. reunited after decades apart. parents sons daughters brothers and sisters together again recognizing each other was sometimes different. this is eighty nine year old
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soon and her eighty six year old sister. i finally get to meet you after living for so long. despite the passing of time eighty one year old young son kim never forgot his brother's face. as i looked carefully at him i could recognize him from my past even if he's got older has wrinkles on his face there's still some of him left as i remember him from all those years ago. or unions like this have only taken place twenty times since two thousand apart from these state sanctioned get togethers there's no way to contact each other phone calls and letters remain prohibitive by pyongyang these north and south koreans have been permitted eleven hours together over three days. it's a painfully short amount of time for these aging families who are all too aware
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this may also be their final farewell. you're watching the w. news live from berlin still to come armchair athletes dream big video gaming has made it through the asian games as an exhibition sport they're now underway in jakarta and it's in this school in the city with the teachers blessing. yeah a lot of people dreaming about that hard hell if you're got business news and a dream that a lot of people never thought would come true and that is the greek bailout odyssey finally over finally some lines at the end of a very long tunnel be the end of the troika which we seem to have been speaking about course for years that's with greece emerging from the last of its three bailout programs so that means that athens is no longer dependent on aid from the european union the european central bank and the international monetary fund not be of no use amounted to two hundred and sixty billion euros.
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finally no more aid packages and no funding requirements but the last eight years have been tough for greece and brought stress to cost cutting measures many greeks lost their jobs and their homes on average income has fallen by a third but taxes remain high and now for most people it will be a long time before the situation improves and some very skeptical about the future like this silversmith but also because you move to the personally for me in the coming years i don't see any hope everything looks bleak to me but he sees the middle of the crisis brought me and thousands of people in my position to a low point in business my company closed but in a dignified way without owing money to the state or pension funds and we could open in this cafeteria and i mean that. he hopes he'll soon go in a foothold again a lot of people try to fight they were. through like that. got to go you can see my
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hopes on something better even if we leave the bailout program i believe measures have been taken and we greeks will be paying for years to come but we all hope for something better. there's cautious optimism at the european commission in brussels . greece's transformative reforms have laid the foundations for a sustainable recovery putting in place the fundamental conditions need for sustained growth for drop creation and for sound public finances indeed used to come. but a mountain of debt remains three hundred fifty billion euros and unemployment is still high although for the first time in years it's dropped below twenty percent it's still the highest in europe. i mean my colleague ben stiller also financial correspondent daniel corbett the frankfurt stock exchange what investors there have been saying about the end of the date out. we can clearly say then that
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investors have changed their mind about greece at first they were very skeptical well now they are actually giving credit to the greece government that their dress take austerity policies paid off we have to remember that the greece government established some very unpopular reforms inside of the country the pension system we just heard it was completely reform lots of costs were also cut in the civil service machinery but when you take a look at the latest g.d.p. figures they are actually quite good a place of two point three percent but still big problems remain the higher number of unemployment is a big problem twenty percent are without jobs the youth unemployment rate is even higher and certainly there is this question if those two hundred sixty billions of euros which were given as a loan will be ever paid back. financial correspondent at the frankfurt stock exchange there dan your court now shares an electric car maker tesla plunge following reports that the major backer for taking the company private was pulling
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out the saudi arabian sovereign wealth funds that chief executive you know must could said could help fund a privatization deal is now in talks to invest in rival lucid motives tesla shares dropped three percent on the news that down more than twenty percent since musk tweeted those plans two weeks ago saying he had secured funding u.s. securities regulators reportedly probe big the veracity of that and other claims last time check in with our financial correspondent sophie szymanski she's on wall street for us sophie seems like investors have lost faith in a long lost course the latest. all of these have been to tough weeks the plan was to make everything is their protests to take away the pressure of being a publicly listed company judged by quarterly earnings short term profits numbers improvements in the performance as an automaker while for a month it is more about the future and about changing it it's about the vision the
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expensive version and so it's not easy to find investors who stick with you while your company is still not making any profit that also now you want to all private for people start to believe that he doesn't have the money to do that the saudi arabian front seems to be looking into a competitor as we just heard and then investors are also on top of that concern for marc harrold he tweeted something late at night this weekend and the board seems to be thinking of a number two to help him out and then huffington post founder area and i have thing tweeted he should get some sleep and mark replied very passive aggressive way. so you see in all of the news we're hearing that pepsi is set to take over soda stream i mean i hate to sound harsh allness one but why many people sort of a soda stream was rather outdated company these days. yeah i thought the
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same thing had been up at pepsico as two major reasons for this takeover first of all consumers don't want to drink sugary beverages and anymore not as much as they used to and they want to live healthier so photo stream with a soda stream they can basically accent their portfolio buy a drink with less sugar and then the second reason is less plastic so pepsico wants to limit the use of plastic bottles and the sort of thing bottles can be reused right to get some sleep and don't want to drink sugary drinks all lessons from safety szymanski this evening thank you so. much and he's back over now i mean if you drink a lot of sugar. all that. good or bad right right all right all that they hear let's go to the asian games now underway in jakarta you need a lot of caffeine for that the year's program includes e-sports as an exhibition event with the expectation that it will become a medal of it the next games in four years and with competitive video gaming on the
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rise across the globe one school in the indonesian capital is offering its students a chance to hone their skills in the classroom some parents may question the idea but students and the principal at the p s k d one high school are convinced that this in riches their education. this is a scene that's the million to millions few who look at these pictures will be reminded of their time in school. but video games have found their way into the classroom at this high school in jakarta with the blessing of the teachers. the students are offered up to twenty hours of competitive gaming a week coached by a special tutor it's perhaps no surprise that principal yohannes is a keen gamer himself but it's not just for fun he sees e-sports as a useful learning tool. in terms of academic skills students can man about math
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economics group interaction and communication from east sports in our school we decided to have a nice program because of its educational value. the students don't spend all of their time sitting in front of the screen they also get together to discuss gaming strategies it's all part of the must a plan. and i know we can make money for me sports by becoming probably play it's cost is a new cheap is. if the millions are to materialize for the students they all need to train hard the team is currently preparing for a tournament in melbourne and there are plans afoot to establish a league for local schools. this year's c.z. sports featured as an exhibition event in the asian games company underway here in jakarta with the next generation of competitors training hot in the city it's the perfect time for them to be here now. are next to the sporting tale of icelandic
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derby one hundred something special for his ninety fifth birthday paul baird thorson is a former weatherman in iceland and he thought that conquering his fear of jumping out of the plane with only a piece of cloth to slow his descent was the perfect gift to himself so he did just that look at there with a little help from a trainer the weather was fine the landing was fine and paul barrett person earned the moniker ninety five year old skydive. they've got good bugs in iceland you watch the w. news after a short break i'll be back thank you for the best. despite
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social media and what some groups more and more people feel the. cuddle therapy erotic chats sex robots. there's a growing need for entertainment put into missy. loneliness in our brave. heart. three thousand in sixty minutes on d w.
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we make up over three four times of africa that under the age of five we are the sum of seven percent. the want to shape the continent's future to. be part of a joint effort in youngsters of testing. share their stories their dreams and their challenges. to seventy seven percent. platform for charging. great yourself with interior design channel on. climate change. waste. pollution.
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isn't it time for good news eco africa people and projects that are changing the environment for the better it's up to us to make a difference let's. do it for the environment magazine k. w. priests abusing children for decades their pain is acts cloaked by countless clergy cover ups today pope francis made it clear in a letter to catholics around the world that the sins of the past are unresolved crimes of the present so what about justice or tonight a reply from victims and survivors to the pontiff stop wielding the power of the pen start using the power of the pope i'm burnt off in berlin this is the day.

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