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tv   DW News - News  Deutsche Welle  September 11, 2018 2:00pm-2:31pm CEST

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everyone has the last election. everyone has the right to show. this is news live from berlin the turkey's president and i want to warn the entire world stands to pay the price of an assault on syria is it live problems he joins others fearful of a humanitarian catastrophe as syrian russian forces prepare to take italy thirty thousand people have fled this month alone and many more are taking to the road
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also coming up. russia stages its biggest war games since the soviet era moscow says joint military exercises with china are purely defensive but nato accuses russia of preparing for war look at the experts here from the russian capital. and could there be a repeat performance at the white house says north korean leader kim jong un has asked for a second summit despite a recent deadlock in talks. thanks for joining us i'm married i haven't seen. turkey's president french of type area one has warned that the entire world stands to pay the price of an assault on syria's its live province writing in the u.s. newspaper the wall street journal he said all members of the international community must understand their responsibilities he writes the consequences of
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inaction are immense now tens of thousands of people have fled it live as syrian and russian forces prepare to take the rebels' final stronghold those staying behind are making improvised gas masks and shelters amid fears that the assad government could deploy chemical weapons. well many of the people fleeing the offensive in adelaide have been heading north towards the border with turkey correspondent daniel handler visited a refugee camp there where he met a boy who was orphaned when a barrel bomb hit his home in the city of hama. he's only fourteen but omar hussain alo already knows what suffering is three years ago he fled to this refugee camp in northern italy disabled traumatized and off and here he found safety he now sells food and drinks from this tent and.
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i work a day and night and managed to earn about a euro a day it's just enough to survive. not. family home was hit by a barrel bomb in his hometown of hama the blast killed his parents and left him badly wounded. now go ahead a helicopter bombed our house people had warned us about the air raids we were taken to hospital two weeks later i woke up and had the feeling something was missing. then i fell out of bed and i couldn't get back up. my leg had been amputated. but i. remained in hospital for three months and gradually learned to walk with crutches his body is covered in scars and he's racked with pain he's blind in one eye.
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incredibly his youngest sister bushra survived the blast only injured they fled to live together she had been a model student but school stopped after the bombs fell. i hope i can go back to school one day but it will be difficult i can't leave my brother alone in the tent . eight hundred families live at the camp on the syrian turkish border among them are hundreds of children only basic necessities are available here there's no real education and hardly any medical supplies hope faded long ago it's been replaced by worry of what's to come. we've noticed the air raids have started up again there's a lot of fear in the camp especially among women and children everyone is scared no one knows where to go we already fled the bombs once and that was to hear.
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omar and bushra hussein alo don't want to flee again the border to turkey seems impossible and heading to a part of syria under government control is out of the question. i don't know where to go but of course i'd like to leave syria for better care. dreams of a better life he hopes he'll one day get a prosthetic leg and drugs to ease his pain but here such relief is unlikely. russia has begun of biggest military exercises since the end of the cold war hundreds of thousands of russian troops have been joined in eastern siberia by military personnel from china and mongolia when nato says the exercises show that russia is preparing for what it calls
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a large scale conflict. military equipment from all over the country deploys for the largest drill since the fall of the soviet union a demonstration of military strength the like of which has never been seen before in the russian federation according to the defense ministry three hundred thousand soldiers are involved that's a third of the country's soldiers thirty six players and military vehicles and tanks will be taking part as russia tries out its latest technology and for the first time china is joining the war games until now you are only very close allies such as baylor release of being allowed to participate a small contingent from mongolia is also involved as the drills got underway russian president vladimir putin greeted his chinese counterpart paying at the economic forum and vladivostok the two countries are closer now you than it any other time in their history to western sanctions russia is looking to deepen its economic ties with china if no other leader has met putin more often than she only
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three thousand chinese soldiers are involved in the joint exercise a tiny minority but the message this sends a significant even if russia and china are odds on some foreign policy issues such as crimea or eastern ukraine militarily at least they are moving closer together how should the world view the war games in russia short time ago i spoke with russia expert. laurie hoven he's head of the moscow office of the liberal foundation here's what he had to say. it's a signal of strength to shield science of the exercise and president in the last twenty years it is the biggest exercise since the eighty one exercise in eastern europe but the big difference is that it's only in the asian and that will mean that there is also a possibility that it's not only a profile case into the european partners but it is more attention like expected
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from the asian side so it just is very cautious looking at that and for the u.s. of course it is a strategic threat in a way where if there is a massive exercise of this size happening well also with unprecedented is that in the past these drills were seen as preparation for a possible confrontation with china and now for the first time chinese troops are actually taking part why are we seeing fischer radical shift. it is a shift it is not as radical i mean chinese troops have participated in smaller scale operations with the russians over thirty exercises in recent years but it is the first time on strategic level and that makes. definitely a big difference so for this shift you have also to see that of course the russian side also sees that the main trading partners for russia are still in the west
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because the european union is by far the largest direct invest and trading partner and therefore it is also not only possible that it is a preparation for war but probably in a typical putin like show of strength the first step of reproach meant we don't know yet what is to be expected because it is a sign of strength it's sounds like a big chef to shift to china but the economic reality is still tight to europe. and now to some of the other stories making news around the world at least forty five people were killed including several children after a bus carrying pilgrims plunged into a valley in southern india witnesses say the driver lost control of the bus which was transporting passengers from a hindu temple the country has one of the highest number of traffic fatalities why
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and. preparations are underway for hurricane florence which is due to hit the eastern u.s. coast on thursday as well as boarding up homes people are also stocking up on food and filling up their vehicles more than one and a half million people have been ordered to evacuate ahead of the category four storm. a petrol tanker explosion in central nigeria has left thirty five people dead and injured hundreds more the explosion occurred at a filling station as the tanker discharged petrol. peru's marking the return of an ancient gold mask from germany after a twenty year legal battle the eighth century funeral mass was unveiled in peru's presidential palace after it was handed over to the peruvian embassy here in berlin it was seized from an art dealer in germany in one thousand nine hundred nine. now the white house says president donald trump has received a letter from north korean leader kim jong un requesting a second summit they met for the first time in june the letter was described as
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very positive despite weeks of apparent deadlock between the two sides. a couple go look at. how my shoulder and historic handshake that raised hopes of a to taunt between north korea and the united states both sides apparently working towards the denuclearize ation of the korean peninsula with demands on king joan to cut his nuclear arsenal but since that friendly summit in june the talks have stalled. u.s. president donald trump even canceling his secretary of state's visit to pyongyang now though relations appear to be back on track. the president has received a letter from kim jong il was a very warm very positive letter the primary purpose of the letter was to request and look to schedule another meeting with the president which we are open to and
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are already in the process of courtenay doing that. on sunday north korea marked its seventieth anniversary. although military to the core there were no intercontinental ballistic missiles on display at this year's founding day parade and that seen a significant. south korean president moving jay in the has urged both p.r. nyang and washington to be bold. in order for us to move towards the next level of dismantling north korea's existing nuclear weapons the leaders of north korea and the united states once again must of big ideas and take bold decisions. that much of that rests on these two men and whether a second summit will result in the denuclearization much of the world is desperate to see. hungary's prime minister viktor orban is said to defend his popular
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government policies to the european parliament that the head of a vote to censure it. orbán has provoked the european union with anti immigrant measures which include prison for anyone found in helping an undocumented migrant there are also concerns about the independence of the judiciary in hungary and the rise of corruption if enough parliamentarians vote in favor of political sanctions against hungry the country could lose its voting rights. for more on this let's cross over now to the e.u. parliament in thrust or where our correspondent max is standing by hello to you max so why exactly do you lawmakers feel but hungary's actions are a threat for europe as a whole well you mentioned some of the reasons just now you could sum it up as general disregard for the values and the decisions made by the
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european union and what comes to mind immediately of course is that the door bond has refused for some years to take in any migrants whatsoever although there was a legitimate decision by the interior ministers of the european union some time ago so this is your classic this is your classic reason to start something like this but it's not the only reason what's probably even more important to you lawmakers stroudsburg is disregard of the rule of law his crackdowns and geos you mention that crackdown on the judiciary or crackdown on the media also corruption so if those aren't reasons to start what's called an article seven procedure then there aren't really any. well max of course it will take a two thirds majority to get these things sions going how likely is it that enough lawmakers will vote to support them. it really all depends on all bunz own party the european people's party now you have to remember here is the european
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parliament a party or a faction is made up of the members of different parties all across the european union and we've already heard from some members of the e p p from some countries for example from austria that they've had enough of the door and that they are going to vote in favor to start this article seven procedure by the way just a reminder here that's the same procedure that has been engaged against poland because of their breaches of the rule of law and could ultimately lead to the stripping of the voting rights within the european union so we'll have to see if it is capable of convincing some at least of the members of the politicians from his own party not to vote for this article seven procedure which is not a given and around here the halls people think it's more likely that this procedure will also actually be started than not. well prime minister orban as we mentioned is set to address the parliament to defend his policies what can we expect from his address facts. he's really playing to to crowds he's playing towards the home crowd
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where he's going to want to play the tough guy as he always does and show that he's not bowing to the institutions in brussels that he's stronger than those institutions but on the same time we've been hearing that he really wants to avoid this article seven procedures so he will try to convince behind closed doors the members of his own party which is talked about of the european peoples party when they meet this evening and try to give them something in return and say yes you're right i will no longer crackdown for example on n.g.o.s and so these are the two poles he will have to walk in between this is that the very narrow path he's going to try to treat on if it will be enough to avoid article seven that's something we'll see tomorrow because we're going to have the discussion here in strasbourg today but the actual vote takes place on wednesday all right max huffman reporting from the e.u. parliament in strasbourg many thanks indeed. well now to rome where those who work in restoration are in high demand just as they've been for
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centuries across italy there are thousands of cultural sites dating from the antiquity to the renaissance but even as many of these sites slowly crumble the government is cutting restoration funds. this sound just like nonnie orson joseph of the carpenters at the heart of the foreman room i use of god's ny with a wreath waiting ceremonies were held here on a regular basis until just recently luckily when the rift caved in the church was a mighty rescuers didn't find anyone beneath this rubble. now you city authorities are looking into concerns about the maintenance and upkeep of the building indeed room is a sightseeing paradise for culture enthusiastic but it is becoming more of a sight for sore eyes with cracks appearing in many of its structures but just how dangerous is it to visit a church here this is the santa. journalist and cultural expert for toto emily
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any point say the cracks in the fresco on the ceiling this damage was discovered early on and it's not in danger of collapsing it's unclear though exactly when renovations will begin it reflects the deteriorating state of many of italy's cultural sites. it's clear that more investment is needed all specially in the technology that allows weak points to be discovered early before they cause really serious damage. minor damage like here on this facade is everywhere italy's interior ministry has reduced the amount it's spending on the preservation of cultural sites even though the people who visit them bring in a lot of money to the city to risk magnets such as the colosseum are less affected by this they benefit from their own millions donated mainly by private investors in contrast to many of the more unfortunate monuments are being a pretty tight that one to endanger any terrorists but it could mean that room's
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cultural significance slowly crumbles. all right time now for the latest business news with monica jones and monica it's really hard to believe that already a decade has gone by since the lehman brothers collapse and of course we know what happened after that and i feel so old i remember when we reported on that and i was breaking news about lehman brothers i learned to do now it's ten years ago it's ten years ago and of course the collapse of lehman brothers back in two thousand and eight plunged the global economy into crisis the ten years on the things luckily looking up again banks have to pass stress tests to prove there's so late the economies of both sides of the atlantic are going strong and wall street is celebrating one record after the next but there is a catch corporate it has skyrocketed and that's that it's too low interest rates. tesla is ten billion dollars in debt. net flix eight billion
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dollars. a pop up lloyd germany's leading shipping company is seven billion dollars in the red these are just three examples of loose lending never before have companies worldwide had such easy access to money as in recent years. according to a study by the mckinsey management consultancy worldwide corporate debt has increased to sixty six trillion dollars almost double what it was at the start of the financial crisis ten years ago. money is never been as cheap as since the financial crisis central banks flooded the markets with trillions to help financial institutions and economies get back on their feet. the us federal reserve looks set to raise its key interest rate again the european central bank on the other hand is not ready to take that risk in fact the e.c.b. is still in crisis mode with its zero interest rate policy known still calls to
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virtually nothing some fear of the accumulated corporate debt could trigger the next global financial crisis. all the money that was borrowed has to be paid back if interest rates go up repayment will be more expensive and may have to be countered financed with new jet if that gets compounded by an economic downturn many companies could find themselves in a tight spot. so unlike ten years ago it's not the banks that are in trouble but the company so are we heading into the next crisis let's ask such a banking expert and professor at the frankfurt school of finance and management good to have you with us as a tell me how worried should we be about the the enormous corporate debt. i think that given the large amount of debt this is definitely something that regular as a regulator should have an eye on and watch closely but i think we need to know all important question to ask why do these companies take on that amount of debt is
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this just to repay and refine as much she believes this thing dead is it because i have profit investment opportunities and what companies are the other ones which are in very cyclical industries such such that an economic downturn might really be hurtful for them so all of these are kind of questions we have to ask ourselves because before we can actually draw a conclusion as to how dangerous the situation actually is all right so let's ask that question do you know what sort of companies taking out today and for what purpose. i think this varies quite a bit but what we should be what more worried about is then to what extent that money is actually going into zero as a highly leveraged segment of the economy and to an end and what for four years this debt actually spin is actually the bangs or is that actually other investors and i think particularly in the u.s. we can see quite clearly that the. major pot these days of the loans to
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the highly leveraged companies actually had the banking system which is unregulated and this is something we should be more worried about so so the risks a bit to in the begin the united states you say on a corporate level then in europe. i think this is the case i think on average we see in europe because also of the sovereign debt crisis that followed more of the leveraging and higher reliance on equity but in the us we see the opposite actually the equity percentage in the capital structure is going down that is going up and a large part of that is actually also going into repurchases of shares which which actually even even makes these a couple structure riskier than our so just very briefly if you would just how do you view the role of central banks and their monetary policy of low to no interest rates here. i think there's a there's
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a substantial role and i think the combination of low interest rate together with the quantitative easing we have seen just pushed investors such as insurance on for example have a fixed return the need to into riskier segments which then of course decrease the prize for risk and then enabled companies to borrow more so they have a substantial part in the rise of corporate debt worldwide. their banking expert in professor at the frankfurt school of finance and management thank you so much for your time. boeing expects to sell more planes in china the american aircraft maker says it will sell well than seven thousand five hundred aircraft worth one point two trillion dollars in the chinese market over the next two decades and that despite the ongoing trade conflict between beijing and washington beijing or boeing expects to sell around six percent more planes by twenty thirty seven than previously estimated china is the world's fastest growing in the asian market and so far boeing has not been directly hit by the ongoing trade spat between china and
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the us asian has committed to a craft on its list of u.s. goods affected by retaliatory terrorists. or if you're flying ryan air tricky the passengers of europe's largest budget carrier will once again have to brace themselves for strikes the airlines pilots and cabin crew in germany are set to stage a twenty four hour walkout starting wednesday ryanair stuff are calling for better working conditions on highway just thousands of passengers in germany and elsewhere could have to deal with council flights and long delays last month strikes by ryanair pilots grounded one hundred flights affecting fifty thousand passengers across europe. now that was a surprise shares in canadian minor r. and c. minerals have jumped after it announced that it struck gold at a nickel mine in australia it's almost doubled in price on the toronto stock
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exchange the discovery has now potentially changed r n c's business plans in australia. a few months ago kind of does our inseam minerals was planning to sell its be to hunt mine in western australia but it says it is reviewing its options in light of its amazing find. as all of the dirt then and there was just gold everywhere as far as you could say more than one thousand ounces of high grade gold have so far been found at the nickel about that discovery experts say is immensely rare you market your whole life you never never see anything like it as a geologist as i said you get excited by pinheads it's to say something on the scale is phenomenal the question is is there more gold to be found in the mines are in sea you can look forward to selling the first trial for more than eleven million dollars. i'd like to find that now here's
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a reminder of the top stories the following for you. techie's president of the one wants that the entire world stands to pay the price for an attack on syria's province tens of thousands have fled to syria and russian forces prepared to take the profits. and russia has begun its biggest military exercises then the end of the cold war moscow says the drills taking place jointly with china a purely defensive but nato accuses russia preparing for a large scale you. had of course don't forget you can always get the news on the go just download from google play or from the apple store and that'll give you access to all the latest news from around the world as well as push notifications for any breaking news on that you can also use the g. w. app to send us photos and videos. of d.w. news live from berlin more coming up at the top of the hour see you then.
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does the internet now. going to be all mine jungle is teeming with entertainment products and pussycats and with every click the data gets bigger. our shopping carts also carry our secret. even though our political system but how
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long. to the next dollars. odd the fear of cliches first force of habit europe's young wine growers have neither. expertise and fresh ideas they're out to tickle phillips. and shake up the market. recipes for success in our series creative point makers. who wrote in sixty minutes g.w. . lehman brothers ten years on a story of ambition greed and megalomania. we're
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so clever the reason control the rich lots. of investment bankers fall for ourselves with the first stop. everybody is wrong the wanted to make the new reality the whole thing might blow up in my face because of a system that spawned out of control. problems that will. cause everything. the crush the investment bank lehman brothers start september thirteenth on t.w. . after. hello and welcome to tomorrow today great to have you with us. today this shows about our days have footprints and how much they reveal about us. also how the process at the very start of our life might explain what happens to
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our bones in old age. but first to outer space it's a very hostile environment for human beings but despite that.

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