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tv   DW News - News  Deutsche Welle  September 14, 2018 4:00pm-5:00pm CEST

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live from berlin powerful storms on opposite sides of the world put millions in the path of danger the first hurricane florence is making landfall on the u.s. east coast the storm poses a lethal threat pounding the region with rain and storm surges the second super typhoon i'm got is rolling towards the northern philippines all forces there are evacuating no more people on warnings of major destruction also on the program.
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a global push to eradicate extreme poverty falls short d.w. reports from nigeria where the number of people living on less than two dollars a day is on the rise. he says he was trying to help his family flee the war in syria now armont is serving seven years in a hug area in prison after being convicted of terrorism. an unusual ward ceremony that celebrates the weird and wonderful in scientific achievement amongst the winners of doctors who proved the curative powers of the rollercoaster. and in sport with the international break over we look ahead to tonight's big but does make a football clash heavyweights morosi a daughter meant to kick off much stay three playing host to reigning german cup champions i'm track from fort.
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i'm phil gayle welcome to the program. oregon florence has made landfall on the u.s. east coast a battering the states of a north and south carolina with strong winds and heavy rain storms moving slowly and is expected to. hundreds of thousands of people have lost power storm surges are expected to rescue crews are scrambling to save scores of people who have ignored evacuation orders. and on the other side of the world a super typhoon is barreling towards the northeast and philippines packing winds of well over two hundred kilometers an hour more than five million people are at risk from the storm massive evacuations underway. preparations for the arrival of typhoon monk loot a storm with winds as powerful as a category five hurricane thousands have been evacuated with many ferring what this
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storm will bring. that about that time scared i think this is a very big however i found out more powerful in the recent months when my last that's why we're frightened. the typhoon is expected to make landfall here in the province of cargo again on saturday this region is considered the country's breadbasket. authorities have urged farmers to bring in their rice and corn harvest early worried the crops will be destroyed. some five million people live in areas at risk of being hit by typhoon man coot. and the storm is picking up speed as it approaches. a journalist on a sound tosses a weather station in case city near the capital manila welcome to d.w. bring us up to date. well as of the latest update continues its
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towards north east including themes it has sustained it's over two hundred kilometers per hour now we've been told that you know what does that look like on the ground at this. hour to talk of course street lights and it also tear all. night material houses and so coastal communities have been warned to evacuate and it's really a secure and who government us very much of a deadly evacuee could if it was going to thousand people who live in areas that are in place face and we've also been drawn to go to the day habit or of the day. that it all matters and just begin i know what that looks like that covers almost three fourths of the entire for the archipelago it covers a huge patch of. the island and that's why you have almost five million people in
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the path of the storm wow so it's big it's powerful and we've seen pictures of people covering their windows and reinforcing their homes this doesn't sound like that's going to be enough. no it won't be enough especially for those areas in the noise in the northeastern part of the philippines and as we saw earlier. though whether it's where it is also gave out warnings for storm surges of ice high of six meters that's as long as a two story building so definitely these areas these communities are very much at risk that's why they have been cracked limited as yesterday and we talked about how big the typhoon is in terms of its diameter that's why we're also saying that you know we don't have to wait for the take long to make that call tomorrow morning for us to. track there is a north eastern seaboard of the country already experiencing tarantula we've had reports that there's no way to in the province that's like that to be hardest to cover that. things are cold no stranger to. how people are
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responding to government warnings to evacuation. an average of about the tightness barrels who so every year and that's why you're in the state as one of the more things after countries in the world so you do see a certain sense of ok we're used to this and you know we went there these storms are full of do it again but. i have to. really get to the philippines it was the most powerful reported to me at the time and you can still feel the pain and then of the devastation that was wrought by high on the over six thousand people were killed by that storm and over a thousand people were to say it also brought the storm surges to the country and that was why there are so many people that were affected by it was still reeling from that and i can tell you we are taking these one storm warnings
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a lot more seriously and the government is very much prepared this time we wish you well thanks for joining us on a song case own city in the philippines. and. let's take a look now at some of the other stories making news around the world thousands of city mez business leaders and climate activists have gathered in san francisco to promote efforts to reduce global warming the global climate action summit is organized by california governor jerry brown a leading critic of the trumpet ministrations decision to withdraw from the paris climbers agreed it is now there. are thousands of students at mexico city's the prestigious national autonomous university been marching in protest against violence against them earlier this month criminal gang attacks students on campus thursday's demonstration also now university of the famous student march in one thousand nine hundred sixty eight. an eighteen year old man has been killed by falling de brézé i met a series of gas explosions in the u.s.
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state of massachusetts dozens of fires broke out in towns north of boston injuring at least ten others and forcing hundreds from their homes investigators suspect an over pressurized pipeline is to blame. and the hope of escaping poverty and conflict is like millions of migrants from africa and the middle east to seek better lives elsewhere many turned to europe which saw the peak of that exodus and twenty fifteen asylum seekers followed this route north fat year as they made their way to western europe that led or thors is in hungary to build a fence along its southern border and to jail migrants who managed to cross the w. has been speaking with one man who says he was trying to help his family reach germany and ended up in hungary in jail he's asked us not to show his face and se reports. one of hungary's best known prisoners is waiting to meet me in this budapest prison. to the government he's
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a dangerous terrorist others say he's a political prisoner. oxman tells me he does not know why he's here and never understand what how come back strong like this was what do you think of when you think of terrorism what does terrorism mean to you to those in who at least me and will make. clear he has hatred for other people this is because he has he has to do something from hate that what. was. meant as syrian but has lived for several years in cyprus with the cypriot wife in two thousand and fifteen he set out to help as parents and as brothers family flee to europe they arrived at the hunger in border the day after it was closed they were blocked along with hundreds of other refugees who lack basic necessities protests broke out. tried to
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translate between the police and the protesters. but i. but when communication broke down she joined in throwing rocks. and had planned to return to his family in cyprus but never made it home he was arrested and sentenced to seven years in prison but these people are not peaceful they are not simply want to go through hungary they carry a danger and that the church is very clear and present us up to date the court ruled that the intent to coerce police with violence is an act of terror. we do not contest what happened at the border but we do not think we are about what crime it constitutes a couple of frogs. even if it's not the right thing to do in this issue in a situation like this. is not. what covers terrorism in
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a statement to d.w. the hungary and government defended the decision of the court writing there has been a campaign lasting over a year including the involvement of the international press to prove that ahmed age is an innocent man. hungary will continue to protect its borders will defend its christian culture and its right to reject immigration. aftermath feels he is a victim of politics. my friend who can my doing these think i want to ask you one question you are americans of america they do these. younger. this prison has been home for ahmed age for nearly three years he says his only plan for when he gets out is to see his family once again. his parents and brother's family live in germany now as refugees. they were able to take an
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alternate route through europe to apply for asylum. when i meet them ahmed's wife is visiting with their daughters from cyprus she has been struggling to understand why hungary singled out her husband for punishment. how come that is says i am protecting you know how can we protect you know by putting someone in the jail by saying he's a. one off murder was arrested his daughters were four and six. when he sees them again he will be eleven and thirteen if his sentence is not reduced. is from rights group amnesty international she joins us from london welcome to the w. you've been campaigning on our behalf you're looking for him to be released or for his sentence to be reduced well we're calling on ahmed conditional on terrorism charges to be lifted and to be released he has been in prison already for three
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years separated as you heard from he's missed two daughters and his wife nadia. and the entire substance of the prosecution against him is that he's through the keystone and that he is with the police at the border when the border was closed. this cannot reasonably be considered an act of terrorism and for that we're calling to let the charges of terrorism against him to be chopped. does hungry have the right to decide who enters the country. how we does have the right to enter to decide who enters the country to a certain extent but all countries have an obligation to share responsibility for refugees in those fleeing war now it's important to remember that ahmed himself wasn't actually a refugee he had come to the aid of keys elderly parents who are trying to flee syria but the all bad government in hungary have been using that case to to prove that they're that refugees and terrorism are in some way associated
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this is the argument that they've used to justify their rejection of refugees and asylum seekers the only case that they have to support this argument that they have found its case so is the army really being a victim of these why the politics that say so should people be allowed to bombard police with roxanne get away with it attacks against the police can be a little offensive lots of countries but they do not constitute a terrorism offense and what i mean has been prosecuted for is committing an act of terrorism this is in part because of hungary's overly broad and vaguely defined counter-terrorism law under which a lot of actions which we would not reasonably be we consider to be terrorism can carry out as a terrorism offense this combined with the old bad governments dehumanization of refugees and migrants more poorly has given rise to this prosecution could talking
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to thank you for joining us at aside from but i understand the national thank you. when the pharaohs of ancient egypt died that bodies were often mummified in an elaborate procedure but the egyptians were the only civilizations to do this exhibition in the german cities have endured the passage of time they are people who once lived then became mummified and offer those alive to die right straight on atomically inside the trachea the child inhaled it all at once instead of swallowing it all the way down to where the wind pipe branches into. and then from a medical perspective she could only have taken one two or three breaths before us fixating. on that. but do these insights justify the public display of mummies the manhunt curators say yes but they also appealed to the living who wish to view the dead. researchers and visitors should keep in mind
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these were people who once lived they deserve respect these are people being exhibited they can tell us their stories and we should take the time to listen to the exhibition pay special attention to the remains of the paraplegic woman who lived in peru in the fifteenth century and died at about thirty years of age a sophisticated reconstruction allows visitors to gaze at this woman face to face the stablish an emotional bond and perhaps pause a while to learn the story of her life. you're watching day w. news live from berlin let me bring you some breaking news u.s. president donald trump's former campaign chairman paul mana fought us reportedly agreed to plead guilty to two criminal counts as part of a deal with special counsel robert muller this is according to federal court documents some sources say the deal is yet to be concluded but if it's confirmed
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manifold will plead guilty to one count of conspiracy against the united states among characters conspiracy to obstruct justice he was convicted last month on american tax fraud charges and was due to go on trial a second time on related charges in washington. we're going to bring you more on that story and they are the next few minutes but just to repeat president former campaign chairman paul manifold is reported to have pleaded guilty ahead of the second trial. three years ago world leaders made a commitment to eradicate extreme poverty for all people everywhere by twenty thirty a new report by the overseas development institute is now warning that despite this pledge four hundred million people will still be living in extreme poverty by that
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year and you're considered to be in extreme poverty if you live on less than one u.s. dollar ninety cents a day extreme poverty totals have declined globally from eight hundred million five years ago to an estimated six hundred ten million today but in africa poverty is on the increase the continent is already hardest hit with africans accounting for about two thirds of the total number of people living in say the devil is a funny first shot reports from nigeria the country with the world's highest rate of extreme poverty. a lot of poverty we are passing by people who live in inhumane surroundings need to tour seen one family they were evicted from their heart just like pencil thousands of others in recent years in lagos bus call a father of five was already poor before the eviction but he says at least he had a life the hood. about now we don't have a no no real house no boat fishing no business during the day we can stay here to
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prepare one meal but at night we have to sleep outside in the rain this is something no human being should experience i mean. today smeal tomato soup and they spout off the sava must feel several families in the neighborhood. this is just one family an estimated eighty seven million people that's roughly half of nigeria's population are thought to be living on less than one dollar ninety cents per day nigeria has overtaken india as the country with the largest number of people living in extreme poverty. but. these young men and women are newly minted volunteers in their slums they are being trained how to let others know what kinds of price they have before the are evicted the ultimate goal is to stop extreme poverty from spreading i want to change the
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poverty level in my community and to provide. that means knowing how to mobilize other people so that lawmakers do their job and solve the deteriorating situation in slums magen chapman founded the justice and empowerment initiative five years ago she said as eviction creates more extreme poverty unfortunately the government is not working with those people hand in hand to eradicate poverty and help them to find a solution to their situation instead the government is putting in place policies that actually criminalize the livelihoods of the urban poor and demolish and destroy their homes the government wants to turn waterfront slums into attractive property it's they must be shut down because a breeding ground for crime and harmful to the environment but for her full flavius residents on the brink of extreme poverty the slums for better or for worse their
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home. markets manuel he's a senior research associate with the overseas development institute is the lead researcher for that report he joins us from london welcome to day w. . this is intriguing here across the world poverty for me except for africa what's going wrong there. it's merely a matter of resources we're seeing poverty for where countries can afford to eliminate promised poverty themselves so masses fall in china masses of falls in india but in africa they simply don't yet have the resources available to do the programs are needed to end extreme poverty but we saw the example there from nigeria this is nigeria is africa's second largest economy so are you saying there isn't the money within the country or is it a lack of political well. as ever is always a combination of both nigeria's nicely positioned it can sort of half afford what
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needs to be done. and that's even if you take into account the fact if they increase their taxes to the maximum they we think they could get they can certainly raise their taxes and that would certainly help but even if they did that still not of money money so you pay to ensure children go to school that health care is available for everyone and also in particular that is the targeted support for the poorest the kinds of programs we are seeing in india the kinds of programs missing in indonesia these are just not happening in nigeria your listeners to let's talk about very example you talked about india and indonesia so they have the money and it's going to the right places. increasingly so i mean i think you've seen the enormous health care program that's rolling out in china in india and china really quite recently must be rolled out a pension program for the elderly in the rural areas suddenly reaching one hundred million people within a very useful space of time so these kind of programs are now well understood in
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these countries and they've got the resources to do it it is still got some poverty but there is still that's coming down quite fast but according to our calculations we think they've got enough money themselves to be able to sort that problem out on the money issue this is something that you believe countries can solve for themselves or do they need outside assistance. it depends where you are so in most asian countries the big exception of course being afghanistan countries can't afford to help themselves out of poverty but in many african countries and overall thirty countries in the entire world they can't even afford half the costs of what's needed for these basic social programs that end poverty in all countries around the world. so the african example when what you need external assistance to help with gary on while someone else is sort of trying to lift up the economy with the two things seem to go hand in hand they do go hand hands and if we
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look at how poverty has heart globally most that's been driven by economic growth and that's going to carry on driving down poverty across the world where you expect you know it took heart again but it's the four hundred million that are going to be left by twenty thirty the deadline we've set for and to extreme poverty that real concern and growth isn't going to take so far but still leaves us with four hundred million behind so what you need to do is in addition to growth is provide the social programs and when you do those in need to lock them with the growth that's how you aim to extreme poverty and as i say we're seeing it in asia we're just not seeing it happen at the scale that has happened in africa in ethiopia is a great example of a country that is operating at these kind of programs at scale that the health care is starting to work and the social protection that's needed is starting to work and they're seeing very fast falls in poverty so it can be done in africa but too often they just don't like the resources ethiopia has had a lot of external support to be able to get to where it is so then who needs to do
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what in order to make the biggest impact on this problem. so the two things that need to happen is first of all we need to prioritize where we spend our aid and then we're giving too much money to countries that can afford to help themselves there's something like ninety countries that can afford to help themselves and we need to focus it on the countries that really can't the second thing is the donor countries need to live up to their commitments their un commitment to giving no point seven percent of their gross national income in aid if those two things happened then there will be enough resources in assistant be able to end poverty by twenty thirty if not as i say we're off target by four hundred million that's a long way off target. glad you brought up the point on donor countries are members gordon brown the former british prime minister complaining about some of your targets not being that because certain countries did not chip up the money they said they would when that happens what's the excuse that countries give.
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it's a really good question i used to work for golden brown myself so i was a heard him here into eighteen at what's interesting is in europe there is a move to recognise that so far new germany nearly gives the un target now and italy and is one of the countries which is seen as aid increased by ten percent quite recently i think obviously the us kids fall less they would say that you know they provide support through the military contributions that they make. there are reasons that we give them but i think it is just comes down to how generous our countries have had to be to help those who live in extreme poverty you aren't going to help them with a trade deal or anything else is no diplomatic of aunt used to be gained it's just simply right is morally right to do ok we're talking here i thank you for joining us marcus manuel from your business development institute. thank you. you're watching the day w.
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news a lot of from but i will have more world news business on stalks a just a moment. lehman brothers ten years on a story of ambition coming out. of control rich let's welcome all of investment bankers who call to ourselves would never stop of a system that spun out of control with the problem of there was a place called the suv of the british investment bank lehman brothers in forty five minutes on t.w. . how to cover more than just one reality. where i come from we have a transatlantic way of looking at things that's because my father is from germany and my mother is from the united states of america and so i realized really early
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that it made sense to explain different realities. and now here at the heart of the european union in brussels we have twenty eight different realities and so i think people are really looking for a new journalist they can trust for them to make sense of. pride in this myself and i work at the government. as a trip to going on and colorings be different. don't miss this story john jay should johnson take you along on a thrilling a bone chilling journey each week you can discover new stories and locate. these early stories on instagram. and. on being told. these were garters for two.
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months and three. over. twenty. this is day to. day i'm phil gallo top story this hour u.s. president donald trump's former campaign chairman. is reportedly expected to plead guilty to federal charges as part of a deal with u.s. prosecutors to avoid a second criminal trial it's not yet clear if you also cooperate with special counsel robert motos probe into her brush and interference in the twenty sixteen presidential election. that news came in in the last hour or so we'll speak not survive d.w. correspondent slansky in washington welcome. was due to face a second trial now it looks like he is intending to plead guilty so what does this mean. this means it's
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a big change because previously he has denied all of everything that paul miller found out about him and he was accused and he's already been convicted in virginia of eight counts of money laundering tax evasion and fraud and this second trial in the district of columbia for him to enter a plea deal is a big game changer in the sense that he says moving his guilt what we don't know yet is whether he's willing to cooperate with the special counsel robert muller who's investigating whether the trump administer the trump campaign in two thousand and sixteen cooperated in any kind of form with the russian government interfering with the election and whether there was any kind of collusion one of the closest employees of paul man a fourth has already pleaded guilty and is cooperating with the mauler investigation so within the next hour we will know what kind of plea he is going
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into and whether there will be some cooperation with the moller investigation so how dangerous is this looking for president trying. it is definitely looking dangerous for president trump and it's not a good day for president trump whose call paul manifold who is now convicted by an american jury a good man a decent man and of course the more people that worked closely for donald trump who are being indicted who are dealing with guilty pleas it doesn't it never looks good for the president and the question always remains what do they know how can they help these investigations by robert mohler finding out what kind of role the trump team played during the election and the interference of the russian government with the american elections and anything else he might know
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since he was so close to president trump at the time candidate trump about trump and any kind of business deals he has made so this is going to be the worry that we could speculate at this stage that a deal has been done you plead guilty we'll go easy on you if you tell us what we won't. that's right so they have already dropped five of the seven charges so there's just two left and it's computes conspiracy against the united states and conspiracy to obstruct justice so those are the two counts he will have to face but five of the other counts have already been dropped also remind you the judge has to agree to this plea deal but obviously they don't make a deal if the judge is not going to agree to it so it looks like this is what it's going to be and as let me remind you that paul mann of ford is already facing up to ten years in jail for the convictions he got from the fridge in your court well.
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thank you for that. now germany's chancellor angela merkel has said that she's against the lifting of international sanctions against russia because of poor progress in the minsk agreement which calls for a cease fire in ukraine chancellor merkel was speaking from lithuania where she held talks on security and trade with the with the country's president she also met the leaders of other baltic states lasers the day the chancellor is due to meet a german detachment of nato troops in central. political cult a commentator constantine of the agates has just written about the chances that trip on our web site d w dot com he joins us from moscow a welcome constantine you wrote that the lithuanian public is suspicious of anglo american on the german government's policies on russia why. well first of all you know because the overall perception in relief right in public opinion and in parts
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of his political class just like is as in other baltic countries and central europe is that girl in this two key into you know to maintain the door open for the kremlin to maintain law which many in the region find it best slightly naive and it was completely counterproductive what chancellor merkel said there is today about not lifting sanctions of course music to the of of the baltic republics still you know. people he had comments paying attention to say results of different public opinion polls like are examples if you research tool last year was shown the german public not very keen on defending and they told allies from from from an onslaught of a huge prophetical onslaught by russia only forty percent of the generals approve of such of such support to all of siting on the side of the allies that can't
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really take that contrie not see into the public opinion then i think a third thing is that the been disadvantages seen as not exactly very strong i remember one of the twenty one friend telling me you know looking at the you know german army advertising which sounds very much stresses in zero humanitarian aspects of this kind of different multinational missions so these friend told me well you know if putin comes in we don't need the germans to take some kinda dog that was in the gulf we need them to shoot and shoot faso that is this and to do that i would say it's prevailing but generally there is a bit of skepticism with regard to jenin ok so that's the public skepticism about whether the politicians on this. i think the politicians are more sure of germany at least with regard to nato i have many people in the foreign ministry in parliament saying well. whatever i know the politicians from dealing the
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saying in in the good to start we show the germans will fight because if they don't then there is no more nato i think that on this front them will show up but we've got to say something like not street the gas pipeline which is going on which is it's a project that has been partially realized of delivering gas from russia to europe with the participation of german dutch and french companies this i think is probably the key problem for the baltic states elite school for all the political classes because they feel that the government's kind of hands off approach this is just business we don't interfere in business decisions they feel it's it's not enough to say that they feel it's a political project which is designed to aid. the european union closer to the russian energy markets or russian energy supplies to gaza from and to
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corruption that it carries with it and secondly to deprive ukraine of income from transiting russian gas which of course will be can you phrase the question so in a sense i think it's not nato but rather north stream too that will be at the core was probably the core of the discussions between the president going bust and other baltic leaders which i select i'm pretty sure by the way that good boss guy did probably in private made view of this pretty clear ok good talking to you as a constant thing causing vonda in moscow thank you. benghazi when the from our business desk is here celebrating well i don't think some of us is quite the word mocking an anniversary of pretty much the world wants to forget exactly this next picture sums it all up on september fifteenth two thousand and eight u.s. investment bank lehman brothers filed for bankruptcy as i said the event said everyone from american investors to spanish property owners running for cover
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twenty five thousand lehman brothers bankers found themselves out of work overnight the lender was a giant not too big to fail lehman had become so involved in mortgages orientation origination rather that it was basically a real estate hedge fund the sky's the as an investment bank washington was willing to save the financial institution although it did save others. is a look back at the events that led to the worst financial crisis since the second. mortgages seemingly for anybody who wanted one. many u.s. banks seemed willing to lend to anyone regardless of whether they had the means to repay those loans things came to a head in the spring of two thousand and seven when record numbers of people defaulted on those loans. at the beginning of april new century a real estate investment trust filed for bankruptcy it had been
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a major issue of subprime mortgages. next to face the music was german corporate bank i k b on july twenty seventh after running into funding problems it received a bailout from the german state development bank k f w. then on august ninth the mortgage crisis hit financial markets as more people defaulted on their loans banks and investors began losing money banks lost trust in each other worried that they wouldn't get their money back this fear was reflected in a rise in interbank lending rates. on the twenty first of january two thousand and eight germany's stock exchange lost seven percent in value the biggest drop since nine eleven in the days afterwards the u.s. fed lowered interest rates again. two months later on march sixteenth bear stearns was bought by rival j.p. morgan with cash barred from the fed it had been the fifth largest investment bank
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in the united states. on september sixth the federal takeover of u.s. government sponsored mortgage lenders fannie mae and freddie mac. . a little over a week later another blow when u.s. investment bank lehman brothers filed for bankruptcy. the u.s. government chose not to step in. stocks around the world crashed as banks lost even more confidence in each other. the following month german chancellor under macko and then finance minister pash work had this message for savers. telling savers that their deposits are safe. and attempt to avoid a run on the banks because. what began as a u.s. subprime mortgage crisis soon had an effect on the global economy trade slowed down dramatically the result in the year two thousand and nine the u.s.
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economy contracted by almost three percent and the german economy shrunk by five percent. economists young peter khan joins us from frankfurt now apart from the toxic securities which everyone knows about in which a lot of people actually put their trust in the whole crisis sounds like it was caused by simply a lack of trust. well that's absolutely true and in such a crisis we always have to expect that financial institutions among each other move the trust why because it is so all park what is in their portfolios what about the trust of economists you're an economist and the head of the o.e.c.d. said today that economists for costs need to better reflect reality do you take that personally. i think we are very careful in making forecasts about financial crises matter that is certainly
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a lesson that we have taken and what we now know is that on financial markets there can always be let's say new types of problems that arise and that how contagious to an extent that is hard to predict what we know is that a crisis of the type we have seen in two thousand a ten years ago will most likely not repeat itself because we have built a lot of fortifications what about you ways of focusing these types of events though i mean couldn't they be better predicted in this day and age with all the dot that we now have access to or whatever is easy to leave predictable i think that's been covered so if you are a supervisor who sees certain pockets of risk in financial institutions or in markets you would try to cover it with more capital or with other requirements i think the true risk in is in those pockets that we don't imagine at the moment and
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the financial world is changing all over so all every year you have new products new markets that develop and to keep an eye on them to understand them even to see the interconnections that's the hard one and we need and that is for this but you say that the world is better fortified what what are your lessons learned from the g.s.t. from the global financial crisis. i think the world is better for to fight but it's clearly having the leaning towards i would say traditional or classical types of crises the one that we have seen for the new ones we need an open eye an open mind we need to discuss the new pope with other requirements i think the true riskin is in those pockets that we don't imagine at the moment and the financial world is changing all over so all every year you have new products new markets that
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develop and to keep an eye on them to understand them even to see the interconnections that's the hard one and we need and that is for this but you say that the world is better fortified what what are your lessons learned from the g.s.t. from the global financial crisis. i think the world is better for to fight but it's clearly having the leaning towards i would say traditional or classical types of crises the one that we have seen for the new ones we need an open eye an open mind we need to discuss new products that come around and that's a tussle that also researchers are trying to deal with as well as. parts of the supervisory agencies so that's my main lesson we have to be more critical with the functioning of financial markets as no clear stuff bill it's easy
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there's no safe equitably on that we can expect to prevail and healthy skepticism is a good thing it got us young peter kohn and thank you very much for joining us thank you and let's take it to our asia correspondent in singapore linda. what is some of the lessons that asia has learned from the lehman brothers crisis. well this is just now actually some issues that come up about trust as well as which banks if i lend money to you at that point in time are you going to fail me you not going to pay me back so after that we actually have bank adequacy ratio where you know if the fiscal regulator the central bank isn't asia make sure that you banks have actually enough money in order that they don't use that money to actually invest always best and then they won't be able to pay deposit that so this is actually one very important to has been learned and actually there's also been a trait crisis in asia because rather than the financial crisis because to be quite
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a bit from the asian financial crisis and we have actually learned to expand outreach links more with other countries apart from the us and the europe who are very much affected during the remember this global financial crisis briefly and economists there was saying that he can imagine another crisis is just around the corner but could asia withstand another crisis like the lehman brothers crisis well you know asia actually found that pretty quickly and actually we actually have some stress test that went on you know to ensure that banks actually could withstand that shocks and actually one of the singapore monetary authority of singapore which is the central bank actually found that business in asia as was based can actually withstand shocks that will fog in one thousand nine hundred seventy eight a financial crisis as well as the recent global financial crisis linda thank you very much from dancing your way out of a crisis to one of the best choreographers on this earth.
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you you should be watching the work of sasha val series one of modern dancers top choreographers this weekend culture program there she is called the program it's twenty one has a special edition only about her work introducing including an exclusive interview with the lady herself. robert merrill from our culture desk is sat here while can robin sasha valves a very special talent which she is i am no actually a big fan of contemporary dance but i have seen a lot because my wife is. but i'm saying that because i am a fashion a fan of sasha violence she is just a step above the rest of them as far as i'm concerned and i'm not the only one because the company guesses performed all around the world with great success over
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the years and to different audiences of different cultures have also got to like her as well so let's have a look at our latest production anyway. exodus the current production by sasha valve's a journey that investigates the collective body of those who go out in order to immerse themselves in others and to escape from themselves the show performed at rowdy al system in berlin the home of sasha belts as company the choreographer will soon leave her post here to work at the state ballet. not everyone was pleased with the appointment of a contemporary dance choreographer as artistic director of the state ballet at first many of the classical dancers were against the idea but things have since come down. the clubs for them i think it's a great opportunity for dance to explore these extreme positions on the one side to
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really preserve classical ballet and on the other a contemporary choreographer with a contemporary language in this diversity to explore different ways of working with the body. in the early one thousand nine hundred such a vault returned from new york to re unified berlin and went from strength to strength in the civilian sailor theater she would stage her first big success lead it cosmonaut or have a new at the cosmonauts. and offbeat a market production on the absurdities of domestic life one recount siniora of living together without escape routes. vaults and her company's sasha vaults and guests travel extensively. yeah although
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it's in the sky isn't often and for so right from the start to airing was part of our identity and our aspiration our credo we wanted our art to build bridges. actually. from the lynn to the world such a vault his office trying to do some of the most extraordinary spectacles on the modern dance stage the upcoming position in skull artistic director of the state ballet has audiences everywhere waiting with bated breath. robin that's that's that's very impressive intrigued by the last cover that is she going to such about is going to a state ballot here in delhi that's that's quite a change yeah it is and there's been quite a lot of people against it but i think people confused by i actually really see is a very bright prospect for linda mean we could have some new type of classical ballet coming our way i think it's very interesting let's have
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a look at more of her stuff here is a piece we saw a little bit his piece she was in india it's called dialogue that's a few years ago and twenty thirteen wonderful setting in the middle of call kata in the open air. they is this is more like what's my state really this is actually an opera dido in a nice by henry personnel abroad and she's done and she did choreography for that in a theater in luxembourg. and finally one of the things she did the noise museum which is almost an hour in itself. a wonderful thing where all her dolls as you use the museum as the space to great effect to this was at the opening of the museum back in two thousand and nine anyway now she has the chance to work with classical ballet dancers and i think it's a really exciting prospect for the classical ballet world actually so we can see more on this week's arts we will absolutely have the whole half hour program is
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devoted to work and more on our web site at d.w. dot com slash culture will tell you when you can watch the program. thank you for. a new floor ceremony took place in the u.s. as you of cambridge massachusetts on thursday night the ig nobel prize honors achievements in scientific research achievements that make you laugh and then make you think the seventy's light hearted but the group's a serious. i it's not what you would expect from a conventional award ceremony where else with the audience be encouraged to bombard the host with paper airplanes welcome to the twenty eight first annual ig nobel prize ceremony. and then there are the winners they may look on remarkable but they're all scientists who have done something out of the ordinary. the recipients of the prize for medicine came up with a novel way of curing
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a very painful condition. the ig nobel prize for medicine this year is awarded to mark mitchell and david warding are for using roller coaster rides to try to hasten the passage of kidney stone i it may sound wacky but the two scientists from michigan state university really did prove that writing a certain type of rollercoaster helps expel kidney stones. perhaps even more bizarre as research carried out by the winners of the economics prions de lance ferris and lisa they were honored for investigating whether it is effective for employees to use voodoo dolls i to retaliate against abusive bosses i gain it seems like a joke but the lead psychologist confirmed to her team conducted a real study that showed that disgruntled employees thought significantly better after touring voodoo dolls resembling their bosses. organizers say this is
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a good example of the kind of ideas they want to celebrate things that make you laugh but then make you think and above all spokeo curiosity in science. i have a bundle back after the international break and fridays are being gay masako bleat about of the weekend seventy five thousand fans will cheer on brasier dortmund when they meet german cup with us i'm shocked frankfurt. dortmund are still finding their footing hosting frankfurt offers an opportunity to improve on a mixed start to the season and stake a claim as title contenders coach of the nose it won't be easy dortmund dominated their last match against hanover but it ended scoreless frankfurt should prove a tougher test. because they lost the last one at home but were down to ten men for sixty minutes against the blame and i saw that game it's tough to judge of ten men
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but it was a good game they're a good team they're very dangerous as five observed frankfurt weren't quite dangerous enough to earn a result in their last match with rayman stoppage time winner proving a heartbreaker. he heard her side will hope to have regrouped in the international bridge. as he. has to go there and just defend we need to try and play in offensive game obviously after our own lucky result against better braman even if we want to pick up points it was no matter where we're playing this season frankfurt are still adjusting after an off season full of change but will be aiming to put dortmund through the paces. to show up today terry moss they will have more for you at the top of the hour if you talk white for that three minutes you can always check out the website that's d w dot com i'm going to.
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go.
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with. lehman brothers ten years on a story event to. make one. media. control the rich lots what they feel the investment bankers who got the carousels were never stopped of a system that spun out of control. the problem was they were one and of course everything the crash the investment bank lehman brothers in fifteen minutes on t w . belonging to an official estimates more than one point two million venezuelans live in colombia legally and illegally. already at all why return
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to vast way of. to visit friends is that i don't think i'd ever go back there to live you know what i live there again i don't know so i'm not sure. bearing witness global news that matters. made for minds. make your sport t.v. the smarter the d.w.p. or smaller to. what you want when you want it up to date extraordinary getting to decide what songs find out more. dot com smart t.v. . her first day at school in the jungle. first gloominess of the. door as grand a moment arrives. join the ranks attained on her journey back to freedom. in our interactive documentary. tour of the ring in ten returns home on t
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w dot com to tang's. the first time doing it in. the territory of an incredible it's a whole new world to her in cyberspace oral history will love sick messiah thing of the bunch and sexual frustration especially still have to get most of these robot noises exploring new frontier in sex and love three point zero. stuff september twenty fifth on d.w. . playing
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. this is news coming to you live from. storm. of the world put millions in the path of danger the first hurricane florence is making landfall on the u.s. east coast the storm is pounding the region with heavy rain causing storm surges the second super typhoon is roaring towards the northern philippines authorities are evacuating more people have been warnings of major destruction also on the program a global push to eradicate extreme poverty short.

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